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Subscribe to enjoy similar stories. India slipped by three ranks to the sixth position in the Mint’s Emerging Markets Tracker in February as stock market rout, sharp depreciation in rupee and a slump in exports overshadowed strong GDP growth and Purchasing Managers’ Index (PMI). On the other hand, Brazil claimed the top rank for the first time since November 2023, as it outshone all other emerging markets in its currency performance and performed second-best in stock market capitalization.

Last year, Nvidia CEO Jensen Huang added fuel to the fire when he stated that in the near future, kids may not need to learn how to code, as AI will do the task. However, Sridhar Vembu begs to differ.

Subscribe to enjoy similar stories. Mumbai: When Maharashtra decided to change how it prices power, the idea was simple: Prepare for an expected burst in solar power in the coming years with a model for its efficient use. However, its solution has worried the industry, which fears disruption in the way it does business and raises the cost of power in the country's fifth-largest solar power state.

«I declare release of 3 per cent DA to government employees and pensioners with effect from April 1, 2025. With this, the state government employees DA will increase from 30 per cent to 33 per cent. For this, the government needs to bear an additional financial burden of Rs 300 crore annually,» the chief minister said in the Assembly. The government wants to reduce the gap in DA between the state government employees and Central government employees, he said, adding it will be done gradually. Tripura has 1,04,683 regular employees and 80,855 pensioners. Hailing the state budget for the 2025-26 financial year presented by Finance minister Pranajit Singha Roy, the CM said the budget aims at laying the foundation stone for 'vikshit Tripura'.

BEIJING — UBS analysts on Wednesday became the latest to raise expectations that China's struggling real estate market is close to stabilizing.

Subscribe to enjoy similar stories. Bengaluru: Hyperlocal grocery delivery platform Zepto is exploring ways to strengthen its cold chain logistics, aiming to enhance quality control and improve gross margins in its perishables category, according to severalindustry executives familiar with the matter. The company has invited individuals and organizations with expertise in the fresh or cold supply chain to collaborate in its drive, as per co-founder and CEO Aadit Palicha's LinkedIn post last week.

Subscribe to enjoy similar stories. Nvidia is doing just fine. Lately, it has seemed harder to convince the world of that simple truth.

Kate Middleton can be the royal favourite now, but she did not always have Queen Camilla’s approval. A new documentary discloses Camilla's early hesitation about Kate as Prince William's bride due to issues regarding her background and tastes. Queen Camilla, however, seems to have come to appreciate Kate's positive qualities in time. After meeting as students at the University of St. Andrews, Prince William and Kate Middleton have been together for over 20 years.

Subscribe to enjoy similar stories. New Delhi: The Centre is ramping up efforts to stabilize prices of tur (pigeon pea), a key staple in Indian diets, by targeting a buffer stock of 1 million tonnes for the fiscal year 2025-26, according to two people familiar with the matter. The consumer affairs ministry is leading the effort amid expectations of rising domestic production and a declining price trend.

«Now the valuations are not very attractive at this point of time because all these positive news, the hike which the steel mills have taken are in the price,» says Aditya Welekar, Axis Securities. Given that the industry was rallying for 25%, but expectation was about, 10 to 15 is going to actually come in in terms of safeguard duty. Tell me, how does this really move the needle, if at all, for the steel industry? Aditya Welekar: So, I guess you summarised it, so the expectation was quite higher, 20% to 25%, and the outcome of 12% is slightly below that. And part of it, which I want to highlight, is that in the first week of March, those steel mills have already taken price hikes in the tune of Rs 1000 to Rs 1500 for the flat HRC, that is hot rolled coils and cold rolled coils. So, with that backdrop, the stocks have already anticipated that such a move should come and the share prices have reflected that partly.

Oracle said on Wednesday it would provide Singapore's defense technology arm with «isolated» cloud computing and AI services, in the company's first such deal in Southeast Asia. Southeast Asian governments are frequent targets of cyber espionage campaigns and are facing escalating supply chain attacks, according to security researchers. Under the deal, the US firm will provide Singapore's armed forces and defense ministry with an «air-gapped» isolated cloud computing infrastructure — meaning that it will be cut off from the internet and connected instead to classified networks via encrypted devices.

IndusInd Bank promoters have reiterated their commitment to the bank saying that the depressed stock value makes it an attractive level to double down their investment in the private sector lender. Though the bank, which has lost half of its value in the last six months, has not yet asked for any fresh fund infusion from parent IndusInd India Holdings Ltd (IIHL), the promoters see this as an opportune time to invest, said Ashok Hinduja, chairman of IIHL. “Their capital adequacy is already more than 15% and they don't need any further capital, because (it is) excess money. Unless there is a plan, is not necessary to provide,” Hinduja said even as IIHL on Tuesday announced the completion of takeover of debt-ridden Reliance Capital more than year year after the National Company Law Tribunal (NCLT) had approved it.

The latest federal data found that the pay gap between employees who remain in their positions and those who switch jobs has fallen to its lowest point in a decade, the Wall Street Journal reported. During the first two months of 2025, workers who remained with their previous employers received a 4.6% bump in pay, while job switchers received about a 4.8% hike, as per the report. While the fall in hike started from 2025, yet the difference was slightly more, job switchers gained an average of 7.7% in salary compared to the job stayers' 5.5% bump, according to Wall Street Journal.

Subscribe to enjoy similar stories. New Delhi: When Bell Laboratories developed the first silicon solar cell in 1954, a technological breakthrough that converted sunlight into electricity, the invention made headlines. “It may mark the beginning of a new era," went a story in The New York Times, “leading eventually to the realization of one of mankind’s most cherished dreams—the harnessing of the almost limitless energies of the sun." That hope was born out of a humbling statistic: the amount of sunlight that strikes the earth’s surface in an hour and a half is enough to meet the world’s energy demand for a year.

Subscribe to enjoy similar stories. Some shows on streaming platforms may have gained high viewership from the hype built around them and generous marketing spends, but these web originals don’t necessarily become audience favourites.

Certificate Programme in Digital Transformation and AI for Leaders equips professionals with essential skills to leverage AI for strategic innovation. This comprehensive programme provides deep insights into AI-driven decision-making, business model innovation, and process reengineering, making it a must for future-ready leaders.

The committee, led by Defence Secretary Rajesh Kumar Singh and comprising IAF Vice Chief Air Marshal S P Dharkar, Secretary (Defence Production) Sanjeev Kumar, and senior officials from DRDO and the Aeronautical Development Agency (ADA), is expected to submit its report next month. This move comes as Pakistan aims to acquire at least 40 J-35A fifth-generation stealth jets from China, which is already showcasing prototypes of its sixth-generation aircraft. Meanwhile, China has stationed its fifth-generation Chengdu J-20 jets at airfields along the Indian border, such as Hotan and Shigatse. Given this, alongside delays in the production of the fourth-generation Tejas jets by Hindustan Aeronautics Limited (HAL), a source told TOI that the committee's primary goal is to «devise how best to get AMCA from the drawing board into the air by shrinking timelines and improving efficiency, including a good workable production-cum-business model with much greater private sector participation.»

Gen Z has been in the workforce just long enough to want out. Well, at least temporarily. The concept of a micro-retirement has started to trend (again) on social media, which makes it seem as if an entire generation of twenty-somethings wants to take an adult gap year. Is this a rebranding of the more well-known sabbatical? Yes, with a couple of noteworthy caveats: Micro-retirement isn’t employer-granted — say goodbye to pay while you’re away or a guaranteed job upon return — and it’s meant to be more of a routine lifestyle choice to combat burnout and pursue personal passions. But it’s not Gen Z that should be fixating on micro-retirement; it’s companies.

Following this request, the board has initiated the process of selecting a top firm for conducting forensic audit, said the sources cited above. The private lender, which has faced a 50%-plus market-value erosion in six months, disclosed on March 10 evening certain discrepancies in its derivatives portfolio. These gaps could adversely impact its net worth by 2.35% as of December 2024, with about '1,600 crore of the hit likely to reflect in the March quarter earnings. On Tuesday, the stock lost 27% after the disclosures, the most on record.

Department of Government Efficiency (DOGE), launching a venture to address tech gaps left by mass layoffs and dissolved federal teams. Cuban, a vocal Trump critic, is funding startups led by former staffers from the General Services Administration (GSA) and White House tech units like 18F and the US Digital Service (USDS). These teams, once tasked with modernizing critical systems like Login.gov (used for Medicare and Social Security access), were gutted after being labeled “non-critical” by the Trump administration.

Subscribe to enjoy similar stories. If Chinese AI lab Deepseek shook the industry with its open-source, budget-friendly reasoning model earlier this year, another Chinese startup, Monica, is impressing many with its new general-purpose AI agentic model, Manus. Are there lessons for India? Chinese artificial intelligence (AI) lab DeepSeek disrupted AI with its low-cost reasoning R1 model this year, prompting OpenAI to respond with o3 mini and GPT-4.5.