Devangshu Datta

Malur Ramasamy Srinivasan: A nuclear scientist who advocated disarmament

May 22, 2025 | 04:01, IST

Malur Ramasamy Srinivasan (1928-2023) was a pivotal figure in India's peaceful nuclear energy program. He built crucial infrastructure, led the Atomic Energy Commission, and championed self-reliance despite sanctions.

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SSC GD Constable results 2025 expected to be out soon at ssc.gov.in

May 21, 2025 | 05:32, IST

SSC GD Constable 2025 results are coming soon on ssc.gov.in. The exam, held February 4-25, 2025, filled 53,690 posts. Results will be a PDF of qualifying roll numbers and cut-offs. No official release date/time yet.

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India likely to see at least 30 GCCs with billion-dollar revenue this year

May 21, 2025 | 04:48, IST

India's tech sector booms as the number of Global Capability Centers (GCCs) with over $1 billion in revenue is projected to reach 30 in 2024, a significant increase from 24 in 2023. Major international banks like JP Morgan and Wells Fargo are among those contributing to this growth.

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Agentic AI is becoming principal way AI will be scaled across enterprises

May 21, 2025 | 04:42, IST

Bain's Pascal Gautheron predicts "agentic AI" as the key to enterprise-wide AI adoption. He notes slow current adoption due to ROI concerns, but expects tech spending to rise. 2023 saw a shift towards new AI approaches, with 2024 promising further advancements.

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Odisha extends UG admission deadline to June 1 as Class 12 results delayed

May 21, 2025 | 04:33, IST

Odisha extends undergraduate college admission deadline to June 1st, 2025, from May 20th due to delayed Class 12 results. Students can apply online at www.samsodisha.gov.in.

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'Not a buying moment': Analysts wary of IT stocks amid Moody's US downgrade

May 21, 2025 | 04:02, IST

Moody's US credit downgrade casts a shadow on IT stocks. Higher US borrowing costs and potential government spending cuts threaten IT sector growth, impacting corporate tech budgets. Analysts warn that current IT valuations are too high given single-digit revenue growth, creating uncertainty for investors.

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Where to invest as markets overcome tariff fears? Analysts weigh in

May 21, 2025 | 03:21, IST

Indian markets bounced back from US tariff concerns, but uncertainty lingers. Smart stock selection is crucial, shifting focus from broad market trends to individual company performance, favoring strong domestic cyclicals. Small/mid-caps are less emphasized. The RBI can still boost growth.

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Morgan Stanley sees Sensex at 89,000 by June 2026, upside potential of 8%

May 21, 2025 | 03:16, IST

Sensex climbs 0.5%, hitting 81,642, fueled by Morgan Stanley's bullish outlook. They cite strong macro stability, robust earnings growth, ample domestic capital, and a dovish RBI. Geopolitical positives and retail investor buying support the market. Morgan Stanley favors domestic cyclicals (financials, consumer discretionary, industrials), while underweighting others.

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LTTS, BITS Pilani, CRENS team up for R&D, skill growth in national security

May 21, 2025 | 02:58, IST

L&T Technology Services, BITS Pilani, and CRENS partnered to boost national security R&D and skills. The collaboration, based at BITS Pilani Hyderabad, will focus on cybersecurity, perimeter security, and digital forensics. It involves defense experts, industry specialists, and researchers, fostering innovation, startup incubation, and policy advisory

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Tata Sons may infuse capital into Tata Tele as AGR dues cross Rs 19,000 cr

May 21, 2025 | 02:58, IST

Tata Teleservices, facing ₹19,256 crore in AGR dues and negative net worth, needs a bailout. Tata Sons may inject capital despite the Supreme Court rejecting telcos' AGR relief plea. The court left the door open for government intervention, leaving Tata Sons' support crucial for its struggling telecom arm.

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Indian stocks unlikely to give significant return in next 1-yr: Marc Faber

May 21, 2025 | 12:31, IST

Marc Faber advises stock picking over index investing amidst global market uncertainty. Trump's unpredictable policies, exemplified by tariff decisions and reversals, cause volatility. The weakening dollar, possibly influenced by tariffs, adds to market surprises. Selective stock choices, unlike index funds, offer potential for returns despite market instability.

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Hundreds stranded on Kailash Yatra after landslide in Uttarakhand

May 20, 2025 | 09:19, IST

Uttarakhand's Pithoragarh landslide blocked the Adi Kailash pilgrimage route, stranding hundreds. No casualties are reported, but the BRO works to clear debris. The monsoon season intensifies the region's landslide risk, frequently disrupting travel, especially on the high-altitude Adi Kailash route combining roads and trekking.

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CCI gives nod to Temasek's minority acquisition of Haldiram Snacks Food

May 20, 2025 | 08:32, IST

India's CCI approved Temasek's (via Jongsong Investments) minority stake acquisition in Haldiram Snacks Food Pvt Ltd. This follows the recent merger of Haldiram's Delhi and Nagpur entities, creating a unified FMCG powerhouse. Temasek's investment signals confidence in Haldiram's future growth in India's packaged foods market.

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Sebi slaps Paytm's Sharma with 3-year ESOP ban.

May 15, 2025 | 05:14, IST

Vijay Shekhar Sharma & One97 Communications (Paytm) settle SEBI case over ESOP violations. Penalties imposed, and Sharma faces a 3-year ban on receiving stock options from listed companies. The case involved irregularities in employee stock option schemes.

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Operation Sindoor: What we know so far about Indian missile strikes in Pak

May 07, 2025 | 06:05, IST

India launched Operation Sindoor targeting sites in Pakistan across the LoC. Here's what we know so far about the 2025 cross-border military strike and its implications

Photo: Bloomberg

India's surgical strike used Scalp missiles and Hammer bombs, Operation Sindoor.

May 07, 2025 | 03:26, IST

'Operation Sindoor' saw India's Rafale fighter jets unleash Scalp missiles and Hammer bombs - two of the most advanced air-to-ground weapons in the Indian Air Force's arsenal

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India aims to build sustainable global supply chain links: FM Sitharaman

May 06, 2025 | 08:59, IST

The finance minister said India aims to strengthen itself based on the assets it possesses - whether human capital, technology, or sectors with growth potential

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Union Bank's ₹7.25 crore book deal scrutinized after Subramanian's IMF departure.

May 06, 2025 | 01:23, IST

Public sector lender Union Bank purchased 189,450 paperback and 10,422 hardcover copies of Krishnamurthy V Subramanian's book 'India@100: Envisioning Tomorrow's Economic Powerhouse' for ₹7.25 crore

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Mumbai's Terminal 1 to be demolished in phases.

April 23, 2025 | 04:00, IST

Mumbai's outdated Terminal 1, plagued by operational issues, is facing phased demolition by the Airports Authority of India.This staged modernization minimizes disruption while upgrading the airport's aging infrastructure, resolving long-standing problems.The phased approach ensures continued airport operations throughout the redevelopment. 1 is slated for phased demolition by AAI.

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Government subsidizes arms sales, targeting Russia's markets.

April 23, 2025 | 11:11, IST

India will significantly boost the number of defense attachés in its embassies. This is part of a new initiative to directly negotiate some arms deals, bypassing traditional procurement processes.

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Menon exits Gensol due to SEBI probe.

April 17, 2025 | 01:05, IST

Arun Menon resigns as independent director of Gensol Engineering, a day after Sebi barred the firm and its promoters over alleged fund diversion and governance lapses, His departure came just a day after Sebi issued an order on Tuesday, barring Gensol Engineering and it

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Google layoffs go global; India team likely to see role adjustments

April 16, 2025 | 07:12, IST

Google is conducting layoffs affecting its Platforms and Devices division, including Android and Pixel teams. This contributes to the rising concern of extensive job cuts across the tech industry.

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Aegis Vopak Terminals gets Sebi nod to float ₹3,500 crore IPO; key details

April 16, 2025 | 02:44, IST

Aegis Vopak Terminals has received the final observations from the Securities and Exchange Board of India (Sebi), allowing them to raise ₹3,500 crore through an initial public offering (IPO). The public issue is entirely a fresh issuance of equity shares with a face value of ₹10 apiece from Aegis Vopak Terminals, amounting to ₹3,500 crore.

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Supreme Court hears 73 petitions challenging Waqf amendment; 7 states support it.

April 16, 2025 | 01:46, IST

The Supreme Court hears 73 petitions challenging the Waqf Amendment Act. Seven states support the Act's constitutionality, while petitioners argue it infringes on religious autonomy. The court will decide the legality of the Act.

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Moody's: US trade woes to curb Asian growth.

April 15, 2025 | 06:25, IST

The temporary tariff pause doesn't halt deglobalization; instead, it fuels uncertainty. The Trump administration's aim to bring manufacturing back to the US persists, leaving the future of trade policy unclear. rerwerweverewrjew ewrwekrewrew rewrewrewr

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G-7 central banks prepare first policy responses to Trump tariffs chaos

April 15, 2025 | 05:51, IST

Investor anxiety is rising due to increasing Treasury yields, a weak dollar, and falling trade stocks. A US slowdown, partly blamed on trade policies, leads to expectations of Federal Reserve rate cuts. Separately, a train collision occurred in India's

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Trump claims India will slash tariffs soon.

April 15, 2025 | 04:43, IST

President Trump announced India will lower tariffs before April 2nd, avoiding retaliatory US duties. This follows Trump's claims of global trade barrier dismantling. The Indian tariff reduction is likely a concession to avoid escalating trade tensions w

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Montek warns US tariffs may trigger recession.

April 15, 2025 | 04:28, IST

₹The rise in tariffs will raise prices in major economies and trigger an economic slowdown, possibly even prompting a recessionary phase, says Montek

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India vs Bangladesh HIGHLIGHTS, Champions Trophy in ipl 2025

April 15, 2025 | 04:26, IST

IND vs BAN HIGHLIGHTS: Shubman Gill (101 not out) completed his second consecutive century in ODI cricket to take India over the line in 229 runs chase

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Stock Market LIVE: Sensex volatile despite 25 bps rate cut by RBI; Trump tariffs in focus

April 15, 2025 | 04:21, IST

Indian stock markets experienced a downturn today, with the Sensex and Nifty declining. Mid- and small-cap indices fared worse, falling by 1.47% and 1.45% respectively. This widespread market weakness points to a broader negative trend.

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Moody's: India's G20 growth to lead.

April 14, 2025 | 08:30, IST

Moody's warns that emerging market economies face significant headwinds due to the instability caused by fluctuating US policies. The report highlights the vulnerability of these economies to the unpredictable nature of US actions on the global stage 1.

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No country 'off the hook': Trump says tariff exemptions will be short lived

April 14, 2025 | 01:00, IST

This statement came after the US Customs and Border Protection said smartphones, laptops, and other electronics from China would not be included in the recent 145 per cent reciprocal tariffs

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Nestle India tumbles 4%, nears 52-wk low as BoFA downgrades to Underperform

April 14, 2025 | 11:38, IST

Nestlé's stock price fell following a downgrade from Bank of America Securities (BoFA). BoFA changed its rating from "Neutral" to "Underperform," causing investors to sell Nestlé shares.

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India's stock market volatility spikes as trade war fears rattle investorsThe surge in uncertainty followed a continued global stock rout after Beijing imposed a 34 per cent tariff on all US imports last Friday

April 13, 2025 | 12:39, IST

The surge in uncertainty followed a continued global stock rout after Beijing imposed a 34 per cent tariff on all US imports last Friday

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RBI MPC LIVE: Growth estimate revisions mainly due to tariff-related uncertainties, says Malhotra

April 13, 2025 | 12:37, IST

RBI MPC Meeting 2025 Live Updates: Catch all the latest news updates on the RBI Monetary Policy Committee meeting here