Record News

Narendra Modi said on Friday, asserting that the «curse of incremental thinking» had for long hampered India's progress till his government changed this mindset in the bureaucracy and the administration. He justified the White Paper on the decade-long Congress-led UPA government, saying if he had preferred political expediency over national interest, he could have brought this out much earlier but that would have created panic. Speaking at the ET Now Global Business Summit on Friday, Modi said he has been in the process of preparing the roadmap for his third term for the last 18 months and has taken feedback from over 1.5 million people till now. General elections are due to be held in April-May. «New Bharat will work at superspeed — this is Modi's guarantee,» he said.

Cummins India declared their Q3 FY24 results on 07 Feb, 2024. The topline increased by 16.31% and the profit increased by 20.57% YoY. Compared to the previous quarter, the revenue grew by 32.26% and the profit increased by 51.6%.

OpenAI has achieved annualized revenues exceeding $2 billion, setting a record pace of growth reminiscent of the fastest-expanding tech firms in history, the Financial Times reported on Friday.

Bharat Ratna on the late Congress stalwart and former PM PV Narasimha Rao has brought the spotlight back on a leader whose stint was also known for frosty relations with the Sonia Gandhi-led Congress establishment, among others. Rao was virtually shunned by Congress and was treated as a 'political untouchable' after his government was voted out in 1996. Clearly, the award from the Narendra Modi government to a Congress leader is not just a recognition for the former PM who left his mark in various fields but it is also meant to rub the Gandhis and their loyalists in Congress the wrong way. Even during his PM stint, Rao and Sonia were known to have shared a tense relationship. Sonia's one-time advisor Natwar Singh has recorded a few details in his autobiography. Even the 10 Janpath loyalists, who used to spread versions of how PM Rao used to go out of his way to show respect and loyalty to her, later started complaining how he deftly reduced Gandhi to a «golden bird in a golden cage» during his tenure. While Rao government gave Bharat Ratna to Rajiv Gandhi posthumously in 1991, Rao made it a point to confer the same on the long-overlooked Sardar Patel.

Stocks held near record levels on Wall Street as evidence kept piling up to show the job market remains remarkably solid

In a market dominated by the 'Magnificent 7' group of mega-cap tech stocks, investors often overlook other market leaders poised for significant growth.

Hershey is cautioning on its 2024 profit growth as the company contends with rising cocoa costs that are leading to increased prices for chocolate

Bank of America equity strategists highlighted the continued preference for cash among investors, with cash seeing a significant $40.1 billion inflow for the week ending February 7th.

PTI. According to police, Noronha suspected that Ghosalkar had implicated him in a rape case. Police said that Noronha (48) used his bodyguard Amarendra Mishra's licensed pistol to shoot Ghosalkar on Thursday evening and later killing himself.

Brookfield Asset Management Ltd. reported earnings that beat estimates and raised its quarterly dividend, as its results were boosted by strong fundraising and capital deployment.

telecom industry recorded 1.46% sequential growth in adjusted gross revenue (AGR) to Rs 55,583 in the fiscal second quarter FY24, latest operator performance data released by the Telecom Regulatory Authority of India (Trai) on Friday showed. Higher quarterly AGR translated into higher licence fee and spectrum usage charge (SUC) collections for the Department of Telecommunications (DoT). The licence fee mop-up climbed 1.53% sequentially to Rs 5,326 crore while SUC collections rose 2.20% on-quarter to Rs 834 crore, data collated by the regulator showed. All three operators Bharti Airtel, Reliance Jio and Vodafone Idea (Vi), recorded similar growth in their respective AGR numbers.

Americans were prioritizing retirement savings in 2023 despite the challenging economic environment.

Haryana chief minister Manohar Lal said that a lot of work has been done by his administration in the state for bringing transparency and ending corruption, especially in government recruitment. «We have tackled corruption strongly, especially in government appointments. Appointments and transfers postings were an industry when we came to the government. We worked and corrected that,» he said on Friday. «That said, we have to work hard and will try to take Haryana towards Ram Rajya.» Referring to the white paper on 10 years of the UPA government, the Haryana CM said even his government got corruption and scam in legacy. His government's priority is to end three Cs — crime, caste and corruption, Manohar Lal said.

In this article

Stocks are hanging near their record heights

A multinational firm in Hong Kong is out 200 million Hong Kong dollars (around $34.5 million Canadian) after a financial worker at the company was targeted by scammers using artificial intelligence, culminating in a phony video conference call with numerous deepfake colleagues.

Bank of America strategists highlighted the exponential growth in the cost of advertising during the Super Bowl, illustrating the unparalleled inflation rate associated with one of America's most watched sports events.

Chhagan Bhujbal received a threat letter from an unidentified person at his Nashik office on Friday. After the incident, his supporters are demanding additional security for the politician. Maharashtra minister and OBC leader Chhagan Bhujbal has irked the Maratha community after opposing the state government's decision to facilitate the grant of Kunbi certificates to Marathas.

A few lucky luxury brands have always sold their goods to people who can afford them, no matter what shape the economy is in. Others that are trying to muscle in on this ultrarich patch risk leaving their usual customers out in the cold. Shares in Hermès rose 5% in early European trading Friday after the Birkin handbag maker said sales for the three months through December rose 18% compared with a year earlier.

By Mimosa Spencer

global temperatures were more than 1.5 degrees Celsius warmer than pre-industrial levels for 12 consecutive months. From February 2023 to January 2024, average temperatures were 1.52 degrees Celsius — converted, the equivalent of 2.73 degrees Fahrenheit — warmer than between 1850 and 1900. That's when humans started warming the planet by burning fossil fuels and pumping greenhouse gases into the atmosphere. This came as the planet experienced its hottest January on record, according to the European Union's Copernicus Climate Change Service (C3S).