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stock markets rallied on Thursday, buoyed by Wall Street's surge to all-time peaks overnight after a milder U.S. inflation report raised expectations the Federal Reserve will deliver at least two rate cuts this year. The dollar remained on a downtrend, sagging to fresh multi-week lows against peers including the euro and sterling.

NEW DELHI : Oil and Natural Gas Corporation has entered the fray to acquire a significant majority stake in Ayana Renewable Power Pvt. Ltd, as India’s largest crude and natural gas producer seeks to bulk up its clean energy portfolio. The state-run ONGC has submitted a non-binding offer for Ayana, which is looking to sell even up to a 100% stake at an equity valuation of about $800 million, said two people aware of the development.

Online marketplaces such as Amazon, Flipkart and Myntra may soon have to root out fake product reviews, as the government turns the heat on the menace that frequently leads to frustration and financial losses. The marketplaces will also be prohibited from editing user reviews to alter their message, and must ensure that the original content and intent of the reviewer are preserved, a top government official said. Companies will also be disallowed from preventing negative reviews.

annual shareholders meeting earlier this month. Berkshire sold off a little over 116 million Apple shares in the quarter — accounting for about 13% of its stake — to trim its biggest single investment. But it still holds nearly 790 million Apple shares, and Buffett told shareholders that he expected the iPhone maker to remain a long-term holding.

Two Ontario men, including the self proclaimed “Crypto King” have been charged under the Criminal Code of Canada following a joint 16-month investigation by the Ontario Securities Commission and Durham Regional Police called Project Swan.

Led by lower food and auto prices, inflation in the United States cooled slightly last month after three elevated readings, likely offering a tentative sigh of relief for officials at the Federal Reserve as well as President Joe Biden’s re-election team

Walmart on Tuesday announced layoffs affecting several hundred jobs at the retail giant's campus offices and said it will be requiring most remote workers and personnel in its Dallas, Atlanta and Toronto offices to relocate to office hubs in Bentonvill...

Delhi: The Supreme Court on Wednesday set aside the arrest and remand of Prabir Purkayastha, the chief editor of online news portal NewsClick, pertaining to a case under the Unlawful Activities (Prevention) Act (UAPA). A bench headed by justice BR Gavai ordered the release subject to Purkayastha furnishing surety and bail bond. The bench ruled that «there is no hesitation in the mind of the court to reach to a conclusion that the copy of the remand application in the purported exercise of communication of the grounds of arrest in writing was not provided to the accused appellant or his counsel before passing of the order of remand dated October 4, 2023, which vitiates the arrest and subsequent remand of the appellant». The top court reiterated the distinction between «reasons for arrest» and «grounds of arrest». The judgment reads «The 'reasons for arrest' as indicated in the arrest memo are purely formal parameters, viz., to prevent the accused person from committing any further offence; for proper investigation of the offence; to prevent the accused person from causing the evidence of the offence to disappear or tampering with such evidence in any manner; to prevent the arrested person for making inducement, threat or promise to any person acquainted with the facts of the case so as to dissuade him from disclosing such facts to the court or to the investigating officer.»

digital intelligence platform (DIP) to the servers of Amazon Web Services (AWS) from those run by state-run Bharat Sanchar Nigam (BSNL) and the Centre for Development of Telematics (C-DoT) triggered a fierce initial reaction from mobile phone companies. They seem to have backed down after the DoT told them that critical subscriber database records (SDRs) of customers won't be stored on AWS. The DIP is used to help fight cyber crimes and fraud. The Cellular Operators Association of India (COAI) had called the move «abrupt and unilateral» in a May 11 letter to DoT secretary Neeraj Mittal and telecom minister Ashwini Vaishnaw. COAI represents India's top telcos Reliance Jio, Bharti Airtel and Vodafone Idea. The carriers had added that the shift would compromise the privacy of consumers' personal data due to the inherent nature and architecture of such cloud-based solutions.

Congress leader Rahul Gandhi on Wednesday alleged that the BJP wants to destroy the Constitution and remove the reservation provided to tribals, Dalits, and backward class. Gandhi was addressing a public meeting in Bolangir, Odisha. «BJP wants to tear this book, but we in the Congress and the people of India will not allow it,» Gandhi said while holding a copy of the Constitution in his hand.

An Ontario man who reportedly proclaimed himself the “Crypto King” has been arrested by Durham Regional Police.

The Bank of Canada‘s June 5 interest rate call is looming ever closer, presenting the tantalizing possibility of a first interest rate cut in just over four years. But there are still hurdles to clear before the central bank can pull the trigger, one Big Six bank economist is arguing.

By Howard Levitt and Gregory Sills

Modi's assertion that the NDA's tally is going «400-paar» (400-plus) this Lok Sabha elections, Congress President Mallikarjun Kharge Wednesday said thankfully he is not talking about «600-paar» because there are only 543 parliamentary seats. Addressing a rally at Sarai Umar in the Harchandpur assembly segment here, Kharge also said he has signed all the «promises made by our party» and they will be fulfilled if the INDIA bloc forms government. «It's not like 'Modi ki guarantee' which is never fulfilled.» He launched a scathing attack on the PM, alleging his government is «cut off from the poor», and is working just for the interest of a handful of industrialists. People will bid goodbye to this dispensation and the opposition coalition will come to power after the results are announced in the first week of June, Kharge said. «Modi and the BJP have been talking about '400-paar',. fortunately they are not speaking about '600-paar' as there is a constitutional limit on the strength of Lok Sabha at 543 seats,» Kharge said.

Covalent, the leading historical data availability network empowering 1000’s of customers and developers with its structured data infrastructure on over +225 chains in Web3, is aligning its innovative solution to meet the needs of future advancements of Ethereum, particularly in light of the Ethereum Improvement Proposal 4844 (EIP-4844). With Covalent’s robust infrastructure, users and developers can access a wealth of structured, verifiable data from an ever-growing repository of billions of data points, enriching over 280 million wallets to date and shaping the AI and DeFi industries with structured information.

With their powerful motors, ergonomic designs, and versatile functionality, these devices offer unmatched convenience and efficiency, making them a must-have tool for every household and professional setting. In this article, we explore the best air blowers available in India, ensuring you find the perfect solution to streamline your cleaning tasks while maintaining the highest standards of performance and reliability.

India's monsoon rains, essential for the country's economy, are expected to hit the Kerala coast in the southwest on May 31, IMD said in a statement. «This year, the southwest monsoon is likely to set in over Kerala on May 31 with a model error of ± 4 days,» said the weather agency in a statement. «Advance of the southwest monsoon over Indian main land is marked by monsoon onset over Kerala and is an important indicator characterizing the transition from hot and dry season to a rainy season. As the monsoon progresses northward, relief from scorching summer temperatures is experienced over the areas,» added IMD in the statement.

– Rated monitors node and node operator performance and risk on Proof of Stake networks, where node operators and validators steward billions in value.

SBI Fixed Deposits: State Bank of India (SBI) has increased interest rates on its fixed deposits by up to 125 basis points (bps) on select tenors, effective May 15, 2024.

GSK plc on Wednesday announced positive data from the phase III trial which followed participants for up to approximately 11 years following initial vaccination with Shingrix.