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Prime Minister’s Internship Scheme Unveiled, Providing 125,000 Internships for 2024-25

03 Oct 2024 18:02 PM IST

On Thursday, the government officially launched the Prime Minister’s Internship Scheme, a pilot project aimed at providing 1.25 lakh internship opportunities during FY 2024-25 in India’s top 500 companies. The scheme was first announced in the Union Budget 2024-25, to offer internships to one crore youth over five years. Massive

Sensex Plummets 1,700 Points as Middle East Crisis Triggers Market Bloodbath

03 Oct 2024 15:52 PM IST

The Sensex experienced a dramatic fall of 1,737.30 points, trading at 82,528.99 around 1:47 pm, while the NSE Nifty50 dropped by 530.70 points to 25,266.20. This sharp decline has alarmed investors, raising concerns about its potential impact on the Indian economy. As tensions escalate between Iran and Israel, the domestic

Hital Meswani: The Unsung Architect Behind Reliance Industries’ Success

03 Oct 2024 13:17 PM IST

Behind the immense success of Reliance Industries lies a pivotal figure whose contributions often go unnoticed: Hital Meswani. While the Ambani family typically dominates headlines, Meswani’s influence and impact on the company are undeniable, particularly in the realms of petrochemicals and refining. Hital Meswani, the nephew of Mukesh Ambani, has

Warren Buffett sells $338 million Bank of America stock

03 Oct 2024 09:52 AM IST

Warren Buffett’s sales of Bank of America shares have slowed for the third consecutive round, with recent transactions fetching some of the lowest prices since he started selling in mid-July. Berkshire Hathaway, Buffett‘s company, made $338 million from the latest sale, according to a filing detailing this 13th round of

India’s Energy Security at Risk Amid West Asia Conflict

02 Oct 2024 19:33 PM IST

The Israel-Hamas conflict triggered a 6% surge in oil prices, severely impacting India’s import bill and inflationary pressures.

India Eases Rice Export Restrictions, Boosting Domestic Prices Ahead of Harvest

02 Oct 2024 18:32 PM IST

India has lifted restrictions on rice exports, leading to an increase in domestic prices and opening new markets for exporters. The removal of trade barriers is expected to enhance the competitiveness of Indian rice in the global market. Price Trends and Market Insights While rice prices for both basmati and

Bank Holiday Alert: Why Banks in Rajasthan Will Be Closed on October 3, 2024

02 Oct 2024 16:37 PM IST

Banks across Rajasthan will be closed for Sharadiya Navratri and Maharaja Agrasen Jayanti, but online banking remains functional.

India Set to Become USD 1 Trillion Digital Economy by 2028, Driven by Internet, 4G, 5G, and Digitalisation

02 Oct 2024 16:04 PM IST

A recent report by Ask Capital projects that India is on track to become a USD 1 trillion digital economy by 2028, fueled by government digital initiatives, widespread internet penetration, and the rollout of 4G and 5G services. This transformation is reshaping India’s financial and economic landscape, positioning the country

RBI is unlikely to cut rate in Oct 9 monetary policy: BoB Report

02 Oct 2024 15:02 PM IST

The Reserve Bank of India (RBI) is anticipated to keep both policy rates and stance unchanged for the tenth consecutive time in its upcoming October policy meeting, according to a report by the Bank of Baroda (BoB). The Monetary Policy Committee (MPC) is expected to take a cautious approach, awaiting

India Set to Roll Out Facial Recognition for International Air Travel by June 2025

02 Oct 2024 11:14 AM IST

India is set to implement facial recognition technology (FRT) for international air travel, with a pilot study scheduled for June 2025, announced Suresh Khadakbhavi, CEO of the Digi Yatra Foundation. “We are planning an international pilot project in June 2025 between two countries. We don’t want to overcommit, but we

Microsoft Upgrades AI Assistant With Voice And Vision Features

01 Oct 2024 21:34 PM IST

Microsoft adds new voice and vision features to its AI assistant Copilot, allowing users to browse and interact with content seamlessly. Learn more about the enhanced capabilities for iOS, Android, Windows, and WhatsApp.

7th Pay Commission: Government Employees To Receive 4% DA Hike Ahead Of Dussehra

01 Oct 2024 19:19 PM IST

Here’s some good news for government employees in Sikkim, as the state has announced a four percent increase in the dearness allowance (DA) ahead of the Durga Puja festival. Chief Secretary VB Pathak issued an official notification on Tuesday regarding this update. The DA for state government staff and dearness

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