Business

This is an AI-generated image, used for representational purposes only. Amid the escalating Iran-Israel conflict, Indian exporters have suggested shifting cargo operations from Iran’s Bandar Abbas port to the India-managed Chabahar port, citing fears of a wider regional disruption that could severely impact trade with Afghanistan, Central Asia, and Russia.According to the news agency PTI, the recommendation was made during …

Josh Sandiford BBC News, Wolverhampton BBC Jane Platt is a volunteer helping others even though she is struggling herself Jane Platt’s bright pink polo shirt marks her out as a volunteer at the Big Venture Centre. The community shop provides discounted items and other help to people living in some of the most deprived areas of Wolverhampton. Places like Bushbury, …

Mumbai : Markets regulator Sebi has proposed a five-point plan for adoption and use of artificial intelligence-machine learning (AI/ML)based technologies in the Indian securities market. Those are model governance, investor protection disclosure, testing framework, fairness & bias, and data privacy & cyber security measures.The regulator has come out with a consultation paper titled ‘Guidelines for responsible usage of AI/ML in …

Sensex soars 1,046 points on foreign buying (Picture credit: ANI) MUMBAI: Strong foreign fund buying supported by speculators’ short covering late in the session on Friday led to a four-figure points jump in the Sensex. After opening marginally higher, the benchmark picked up gains through the session to close 1,046 points or 1.3 per cent higher above the 82,400-point mark. …

This is an AI-generated image, used for representational purposes only. BENGALURU: Campus Fund, a venture capital firm focused on student and dropout-led startups, announced a $100 million third fund, its largest to date. The fund completed its first close with more than 50% of the capital already committed and began deploying capital with two investments already made. Founded by Richa …

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Former HDFC chairman Deepak Parekh and ICICI Bank chief Chanda Kochhar MUMBAI: Former HDFC chairman Deepak Parekh, in a candid disclosure, said that then ICICI Bank chief Chanda Kochhar had proposed a merger between the two lenders – well before HDFC’s eventual reverse merger with its banking subsidiary. During an interaction with Kochhar on her channel, Parekh said: “I remember …

State-owned telecom firm BSNL has entered the 5G fixed wireless access (FWA) space, launching its home broadband service in Hyderabad, the company said on Friday. The move pits BSNL against private sector giants Reliance Jio and Bharti Airtel, which are already offering similar services using their 5G spectrum.“Quantum 5G FWA demonstrates how Indian engineers can create world-class connectivity. It is …

A US Federal Reserve official said Friday that the central bank could start cutting interest rates as soon as next month, signaling flexibility amid global economic uncertainty and rising geopolitical risks.“We can start the process of bringing rates down, and then if there’s some big shock due to maybe the Middle East conflict, we can pause,” Fed governor Christopher Waller …

Accenture on Friday reported an 8% year-on-year rise in revenue to $17.7 billion for the March-May quarter of FY25, supported by growing demand for AI-related services. The Ireland-headquartered IT services firm, which follows –a September-August fiscal calendar, also raised the lower end of its full–year revenue growth guidance to 6-7% in local currency from 5-7% earlier.The company’s Q3 performance included …