Precious metals traded with solid gains on Friday, 17 April, as sentiment towards safe-haven assets improved after Iran announced the reopening of the Strait of Hormuz, which pushed oil prices…
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KRAFTON launches third cohort of its KIGI incubator programme
KRAFTON India, the Indian subsidiary of South Korean gaming giant KRAFTON on Friday announced the launch of the third cohort of its KRAFTON India Gaming Incubator (KIGI). The incubation programme aims…
The week in charts: IMF growth forecast, inflation climbs, TCS payout, RBI penalties
From India falling to the sixth rank in the IMF’s GDP rankings to retail inflation rising at a quicker pace in March amid the West Asia war, the moderation in…
DeepSeek in talks to raise $300 million at $10 billion valuation, Report says
Chinese artificial intelligence startup DeepSeek is in talks with investors to raise at least $300 million at a valuation of $10 billion, reported on Friday, citing two people familiar with…
Ex-CEO, ex-CFO of bankrupt AI company charged with fraud
By Jonathan Stempel NEW YORK, April 17 (Reuters) – The former chief executive and chief financial officer of iLearningEngines, which provided AI-driven business automation technology, were indicted on charges they…
Ethiopia Bondholders Start Process to Sue Government Over Defaulted Debt
(Bloomberg) — A group of Ethiopia’s bondholders formally began a process to sue the government over a defaulted $1 billion debt, according to people familiar with the matter. Members of…
Visa’s likely to appoint Suresh Sethi as India head
Mumbai: is set to appoint Suresh Sethi, most recently chief executive of , as the US-headquartered payment card services company’s next country head for India, said two people familiar with…
8th Pay Commission: ₹32,400 to nearly ₹69,000 basic pay? Fitment factor for govt salary hike decoded
Set up by Prime Minister Narendra Modi last year, the 8th Pay Commission is set to make key decisions on salary revisions and fitment factor, which will outline the updated…
Up to ₹2.88 lakh tax relief possible? Child education allowance rules get a boost, who can benefit – Check here
The government has significantly increased the tax-free limits on allowances for children’s education and hostel expenses under the revised income tax rules. While the latest updates mark a sharp jump…
Banks’ NPAs hold steady despite war shake-up, shows Crisil stress test
Mumbai: Banks’ asset quality is unlikely to take a significant hit from disruptions caused by the ongoing West Asia war, with bad loans expected to remain broadly stable, Crisil Ratings…