Business

New Delhi: The government Saturday announced it has selected homegrown startup Sarvam AI to build the country’s first artificial intelligence (AI) foundational model. Out of the 67 proposals, Sarvam AI has been shortlisted to build India’s first indigenous foundational model, said Union IT Minister Ashwini...

New Delhi: India’s foreign exchange reserves have risen to the highest-level since November last year to $686.14 billion, which shows a resilient economy amid global uncertainties. According to data from the Reserve Bank of India (RBI), the country's forex kitty swelled by $8.31 billion for...

Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi said Friday the state is confident of achieving its target of producing 130 million tons of steel per year by 2030. Addressing the Odisha State Roundtable at India Steel 2025 in Mumbai, Majhi said the state is the...

New Delhi: Apple is reportedly planning to shift the entire assembly of iPhones sold in the United States to India by as early as next year. This would mark a major move in Apple’s global manufacturing strategy, as the tech giant continues to reduce its...

New Delhi: The government has notified the Goods and Services Tax Appellate Tribunal (GSTAT) (Procedure) Rules, which make online filing of applications mandatory, provide for hybrid hearings and listing of cases on an urgent basis, steps that will make the adjudication process simpler for businesses....

Mumbai: Equity benchmark indices Sensex and Nifty declined sharply Friday due to selling in Axis Bank and growing tensions along the Indo-Pak border following the terror attack at Pahalgam in Jammu & Kashmir. Wiping out all early gains, the 30-share BSE barometer tanked 588.90 points...

New Delhi: Indian economy could grow at 6.5 per cent in the current fiscal as lower prices of crude oil are expected to ease inflationary pressure and support domestic growth, despite intensifying global trade tensions, EY said Friday. The 'EY Economy Watch' report for April...

Mumbai: The Indian equity benchmark indices opened higher Friday amid positive global cues, as buying was seen in the IT, pharma and auto sectors in the early trade. At around 9.27 am, Sensex was trading 265.3 points or 0.33 per cent up at 80,066.81 while...

New Delhi: Leading carriers Air India and IndiGo Thursday announced that their international flights will take an alternative extended route, after Pakistan closed its airspace for India amid rising diplomatic tensions after the deadly Pahalgam terror attack in Jammu and Kashmir. Air India said that...

New Delhi: India's concerted efforts in developing its inland waterways have yielded significant results, with record cargo movements and expanded infrastructure, the government said The combination of strategic investments, policy initiatives, and digital innovations positions the country to further enhance its inland water transport (IWT)...