The Reserve Bank of India (RBI) on Tuesday injected Rs 48,014 crore in transient liquidity into the banking system through a seven-day variable rate repo (VRR) auction, even as surplus liquidity conditions narrowed sharply due to advance tax outflows, reported PTI.The funds were infused at a cut-off rate and weighted average rate of 5.26 per…
Ranveer Singh may have landed his most ambitious role yet – Lord Shiva.The actor, who has reportedly acquired the rights to the bestselling fantasy novel ‘The Immortals of Meluha’, is said to be gearing up for the big screen adaptation which will be shot under his production banner. As per the latest reports, the ambitious…
This article is authored by Amit Jain, CTO, Uno Minda.India’s automotive sector is entering a new technology era. From connected mobility and intelligent electronics to advanced safety systems and electrification, the pace of transformation is accelerating rapidly. But the next phase of progress will not be defined solely by how advanced these technologies become but…
Govt conclave flags PSBs’ shrinking CASA share and weaker presence in high-value banking segments NEW DELHI: Public sector banks (PSBs) have rapidly lost market share in the higher value segment of the industry, such as credit cards business, where they are offering lower range card variants and in global capability centres (GCCs), to private and…
Naga Chaitanya addresses speculation about his Hindi film absence. He states his busy Telugu film schedule is the reason, not the box office result of ‘Laal Singh Chaddha’. The actor enjoyed his Bollywood debut and is open to future Hindi projects with the right script. He is currently focused on his Telugu commitments. Tollywood actor…
MUMBAI: The India heads of AI world’s arch-rivals Anthropic and OpenAI took to the stage at the annual Tech Week here, pitching their suite of products to a room full of developers and founders.“What makes India really important in OpenAI’s journey is the opportunity centred around access, adoption and agency,” said Pragya Misra, OpenAI’s head…
The Middle East conflict has already been rattling global oil flows, draining supplies, tightening reserves and pushing crude prices higher across markets. But Iran, one of the key flashpoints in the crisis, seems to be dealing with a different kind of pressure altogether. Instead of just struggling with disrupted exports, the country is now staring…
NEW DELHI: Swiss pharma major Novartis is sharpening its strategy in India as a pure-play innovator across core therapy segments, including cardiovascular, oncology and immunology, after divesting its stake in its listed arm earlier this year.Significantly, India increasingly contributes to nearly every molecule that Novartis commercialises globally, and is moving further up the value chain,…
Gold futures traded higher on the Multi Commodity Exchange (MCX) on Friday with key contracts registering gains of up to 1.6 per cent amid firm buying interest and supportive global cues.The April 2026 gold contract rose by Rs 2,290, or 1.64 per cent, to trade at Rs 1,41,783 per 10 grams. The contract moved between…