Ahead of the outcome of the RBI monetary policy meet later Thursday, the barometer 30-scrip Sensitive index (Sensex) of the BSE surged over 400 points tracking positive cues from the Asian markets, along with healthy buying in metals, auto and banking stocks. The other benchmark index -- the NSE Nifty50 -- edged higher by almost 150 ...
Facebook has admitted that information of up to 87 million people, mostly in the US, may have been improperly shared with the British political consultancy firm Cambridge Analytica. In a press conference on Wednesday, Facebook CEO Mark Zuckerberg said that they did not put out the 50 million number as previously reported. "That came fro...
Key Indian equity indices tumbled during the late-afternoon session on Wednesday to provisionally close on a lower note after further trade protectionist measures were imposed on each other by two major global economies. Besides, investors remained cautious ahead of the outcome of the central bank's first bi-monthly monetary po...
The BSE Sensex tumbled over 300 points during the afternoon trade session on Wednesday as investors were cautious over escalating fears of a trade war among major global economies, as well as ahead of the outcome of the central bank's first bi-monthly monetary policy of 2018-19 (on Thursday). While all the sectoral indices slumped, the S&...
External Affairs Minister Sushma Swaraj will meet the Chief Ministers of all northeastern states on May 4 to discuss trade, connectivity and other issues vis-a-vis neighbouring countries, an official said on Wednesday. "Tripura Chief Minister Biplab Kumar Deb was told about the proposed meeting when he met her in New Delhi on...
Less than half of the staggering Rs 9 lakh crore worth of non-performing assets (NPAs), or bad loans, accumulated by banks had returned due to the system set in place by the Insolvency and Bankruptcy Code (IBC), 2016, the government said on Wednesday. The figure was revealed by Corporate Affairs Secretary Injeti Srinivas at the c...
Digital payments platform PayPal on Wednesday said it has digitised the FIRC (foreign inward remittance certificate) application process for the ease of Indian sellers and freelancers by enabling the payment of the FIRC fee via NEFT (National Electronic Funds Transfer) as opposed to the previous process of a demand draft (DD). ...
Reliance Wealth Management, a subsidiary of Reliance Capital, on Wednesday announced the appointment of Nitin Rao as its new Chief Executive Officer. In this newly created role, Rao will report to Anmol Ambani, Executive Director at Reliance Capital, and will be responsible for driving a more broad-based strategy for growing the wealth management...
Realising the growing dominance of the Artificial Intelligence (AI) technology, the Consumer Technology Association (CTA) has announced that "CES Asia 2018" will highlight advancements in the sphere as a new dedicated product category. Alibaba AI Labs, Baidu "DuerOS" and "iFLYTEK", among others, will exhibit the latest in big data ...
Facebook has removed several accounts owned by Russia-based Internet Research Agency (IRA), the group accused of meddling in the 2016 US presidential election. "We removed 70 Facebook and 65 Instagram accounts -- as well as 138 Facebook Pages -- that were controlled by the Russia-based Internet Research Agency (IRA), Alex Stamos, Chief Secur...
