India Financial News

Wall Street Journal reports that securing a professional role in the U.S. has become so difficult that Harvard Business School acknowledges its graduates can no longer rely solely on the university’s reputation.

Ashwini Vaishnaw has praised Chinese startup DeepSeek for shaking up the sector with its low-cost AI assistant, likening its frugal approach to his government's efforts to build a localized AI model.

India Budget: In the Union Budget 2024, Finance Minister Nirmala Sitharaman categorised India’s key beneficiaries into four broad groups — youth, farmers, women and the poor. These “castes” (as she described them in her speech), Sitharaman said, would shape the government’s policy direction, driving welfare and development initiatives.

Hamas has handed captive Israeli soldier Agam Berger over to the Red Cross in the Gaza Strip.

AAP national convenor Arvind Kejriwal on Thursday challenged BJP and Congress leaders to drink water with high ammonia.

Moscow City Tourism Committee is in discussions with the Indian government for a 'group-free visa regime,' allowing a specified number of tourists travelling together in a group to enter Russia without a visa. «When there is a group of tourists travelling together to Russia, the particular number should be mentioned in the document for the visit to become visa free. For example, in the Chinese document, the group should be 10-20 people. The Russian government is in talks with the Indian External Affairs Ministry for a final agreement on the number of people comprising a group from India to avail this facility,» Moscow City Tourism Committee Chairman Evgeny Kozlov told PTI.

ChatGPT creator OpenAI on Wednesday said that Chinese companies are actively attempting to replicate its advanced AI models, prompting increased security measures and closer cooperation with US authorities.

Adani Ports and Special Economic Zone (APSEZ) on Thursday reported a 14% year-on-year (YoY) growth in its December quarter consolidated net profit at Rs 2,520 crore versus Rs 2,208 crore posted in the year-ago period. The Q3FY25 revenue from operations stood at Rs 7,964 crore which was up by 15% over Rs 6,920 in the corresponding quarter of the previous financial year.

Manifest Destiny was a 19th-century belief in the United States that Americans were destined by divine providence to expand their territory across the North American continent. The term was coined by journalist John L. O’Sullivan in 1845 when he wrote that the US had a right to claim and spread democratic values and civilization across the continent. The ideology became one of the driving forces behind westward expansion and shaped US territorial, political, and social policies.

Sridhar Vembu, Chief Scientist of Zoho Corporation, responded to a frequently asked question from Indian engineers: “Why can’t India achieve what China did?” Vembu acknowledged that while India’s strengths lie in its democratic framework and diverse society, it must chart its own path rather than merely emulating China. He emphasised grassroots innovation and India’s demographic advantage, asserting, “India's strength lies in its ability to innovate and adapt to rapidly changing global dynamics.”

Info Edge (India), the parent company of Naukri.com, on Thursday announced its plans to consider a stock split— a first for the company. The board of directors is scheduled to meet on February 5 to discuss and potentially approve the split ratio. “A meeting of the Board of Directors is scheduled to be held on Wednesday, February 05, 2025, to, inter alia, consider and approve the unaudited Standalone & Consolidated Financial Results for the Quarter and Nine months ended December 31, 2024, we hereby inform you that at the said Meeting, the Board of Directors will also consider the proposal for alteration in the share capital of the Company by way of sub-division/ split of the existing Equity Shares of the face value Rs. 10/- each, fully paid-up, in such manner as may be determined by the Board of Directors subject to approval of the shareholders of the Company,” said the company in its exchange filing.

India Budget 2025: Climate change and human progress are intertwined, with energy serving as the critical link. Countries need energy not just to sustain their populations but also to fuel development and improve quality of life. However, this relentless pursuit of progress has led to the burning of fossil fuels, which accounts for 75% of global greenhouse gas emissions, as per a UN report. As the world grapples with this challenge, the spotlight turns to renewable energy as the key to sustainability.

Tata Steel’s growth will not come at the cost of debt but will instead be a balance between the company’s internal accruals and deleveraging, chief financial officer Koushik Chatterjee said, even as the steelmaker projected a six-month delay in achieving breakeven in its UK operations.

Reserve Bank of India's $5 billion dollar/rupee buy-sell swap auction on Friday is likely to see strong demand from lenders and corporate treasuries, six bankers said.

Global capability centers have been consistently in the news for their growth plans in the country leading to increased hiring opportunities. And while this spells good news for experienced professionals with relevant domain experience, let us decode what kind of internship opportunities is the GCC sector creating and how people can be ready for this.

Gurgaon Police will now start issuing online challans for lapsed PUC and insurance too, TOI reported. So far, this was only after a physical check.

Nitesh Rane's request to «ban burqa at examination centres,» Shiv Sena leader Raju Waghmare said that if Burqa is allowed during voting, then there should not be any problem with it during examinations.

Maruti Suzuki India on Thursday said the locally manufactured Jimny five-door model has made its debut in the Japanese market. The SUV, which is exclusively manufactured at Maruti Suzuki's Gurugram-based plant, was unveiled in Japan on Thursday.