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Sensex and Nifty climb in early trade after two days of decline amid rally in US equities
Equity benchmark indices began the trade on an optimistic note on Wednesday after two days of plunge, tracking a rally in the US markets, amid hopes of rates cut by the Fed in September. The 30-share BSE Sensex climbed 144.92 points to 79,100.95 in early trade. The NSE Nifty went up 57.5 points to 24,196.50. […]
Starbucks CEO Narasimhan steps down
The CEO of Chipotle Mexican Grill is moving over to Starbucks, the coffee chain announced on Tuesday. Brian Niccol, who has held the top position at Chipotle since 2018, will take the helm of Starbucks next month, the company said. He will replace Laxman Narasimhan, whose relatively brief tenure began in March last year, when […]
Google to expand AI initiatives in India, targeting language barriers, agricultural efficiency
Google is intensifying its focus on India with the introduction of advanced AI tools aimed at breaking down language barriers and enhancing agricultural practices, a senior company official said. Abhishek Bapna, Director of Product Management at Google DeepMind, highlighted the importance of reducing language barriers in India’s economic development. Advertisement “Language is very essential for […]
Indian investors value sustainability but struggle to access trustworthy data: Deloitte study
More than 90 per cent of Indian institutional investors now consider sustainability information essential in their due diligence process, a study by Deloitte and The Fletcher School at Tufts University said, adding as sustainability becomes more integral to investment management, trust in the ESG data used to inform these decisions is lacking, posing challenges in […]
SpiceJet reports 27 per cent decline in standalone profit at Rs 149.96 crore
SpiceJet, which is looking to raise funds, on Wednesday posted a 27 per cent decline in standalone profit at ₹149.96 crore in the three months ended June compared with the year-ago period. The budget carrier had a standalone profit of ₹204.56 crore in the June 2023 quarter. The profit is higher compared with the three months ended […]
US lawmakers urge probe of WiFi router maker TP-Link over fears of Chinese cyber attacks
Two U.S. lawmakers want the Biden administration to probe China’s TP-Link Technology Co and its affiliates for potential national security risks from their widely used WiFi routers over fears they could be used in cyber attacks against the U.S. Republican Representative John Moolenaar and Democratic Representative Raja Krishnamoorthi, who lead the House Select Committee on […]
UNESCO World Heritage Site and Montenegro’s Adriatic gem Kotor struggles with tourist influx
A nestled on the edge of a picturesque Adriatic bay, the town of Kotor in Montenegro is struggling to cope with a surge in tourism that is clogging its narrow streets and raising environmental concerns. Cruise ships ferrying thousands of daily visitors navigate to dock at the city port amid concerns about ‘over-tourism’ in Kotor, Montenegro. […]
Long weekend travel guide: Jet off to these 8 beautiful countries that offer visa on-arrival
If you still haven’t made your plans for the long weekend, pack your bags and fly overseas to these 8 countries that offer Visa on Arrival to Indian nationals Last-minute plans can be tedious because of hassles, specially to the Americas and Europe. However, this long weekend, you can still fly to fascinating countries that offer visa […]
North Korea to open border for foreign tourists in December 2024, tour operators say
North Korea is readying to reopen borders to bigger groups of foreign tourists after years of strict Covid border controls. will resume international to its northeastern city of Samjiyon in December, and possibly the rest of the country, companies said on Wednesday. The move is a sign that the reclusive country is readying to reopen borders to […]