Majority of big enterprises plan to enhance spending on AI/ML by 10-30% this year
Majority of leading business houses in India, with annual turnover of over Rs 5,000 crore, are planning to increase their investment in artificial intelligence and machine learning technology by 10-30 per cent in 2024, a survey by CIO&Leader said on Thursday. The 2nd Annual CIO&Leader State of Enterprise Technology (SET) Survey,...
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India's medicine, antibiotics exports gaining share in US, Italian markets: Data
16 August 2024 | PTI -
SBI, PNB in talks with K'taka Govt for amicable resolution of ban issue
16 August 2024 | PTI -
Textiles, apparel exports rise 4.73% in July on improved demand: CITI
16 August 2024 | PTI -
Investment advisers, research analysts should disclose AI tool usage to clients: Sebi
16 August 2024 | PTI -
Edible oil imports dip 1.6% in first 9 months of 2023-24 marketing year ending Oct: SEA
16 August 2024 | PTI -
AC makers' profits soar in April-June amid blistering heat
16 August 2024 | PTI -
Gold imports dip 4.23% to USD 12.64 billion in April-July
16 August 2024 | PTI
India imports USD 2.8 bn worth of crude oil from Russia in July
India, the world's third largest oil consuming and importing nation, in July bought USD 2.8 billion worth of crude oil from Russia, second only to China which remains the largest importer of Russian oil, a report said. Russia emerged as India's biggest supplier of crude oil, which is converted into fuels...
NCLAT stays insolvency proceedings against Coffee Day Enterprises till next date of hearing
The National Company Law Appellate Tribunal (NCLAT) on Wednesday stayed the insolvency proceedings against Coffee Day Enterprises Ltd (CDEL), which operates the Cafe Coffee Day chain, till the next date of hearing. The Chennai-based bench of the appellate tribunal stayed the operations of the NCLT order, over a petition filed by...
Wholesale inflation dips to 2.04 pc in July
Wholesale inflation in the country declined to 2.04 per cent in July, according to government data released on Wednesday. The wholesale price index (WPI) based inflation was at 3.36 per cent in June. The Department for promotion of industry and internal trade (DPIIT) in a post on X said "the annual rate...
Sensex plunges to 693 on closing, market in the red
Equity benchmark BSE Sensex tumbled nearly 700 points to sink below the 79,000 level on Tuesday, extending its losses for the second straight day due to selling pressure in HDFC Bank, SBI and ITC amid fresh foreign capital outflows. Besides, deep losses in commodity, banking and financial stocks and concerns over...
Vodafone Idea, Oil India, five others to be included in MSCI India Index
Seven firms, including Vodafone Idea and Oil India, would be included in the MSCI India Index effective August 30, 2024, as per the latest index review by MSCI. Dixon Technologies (India), Oil India, Oracle Financial Services Software, Prestige Estates Projects, Rail Vikas Nigam, Vodafone Idea and Zydus Lifesciences are the additions...
Sitharaman: Govt needs money to meet challenges, fund R&D
Union Finance Minister Nirmala Sitharaman on Tuesday justified the present taxation regime, saying that the country needs resources to meet the challenges facing the nation and also to fund research and development activities. Sitharaman was addressing the 11th convocation of Indian Institute of Science Education and Research (IISER) in Bhopal. While appealing...
Govt needs money to meet challenges, fund R&D, says Sitharaman
Union Finance Minister Nirmala Sitharaman on Tuesday justified the present taxation regime, saying that the country needs resources to meet the challenges facing the nation and also to fund research and development activities. Sitharaman was addressing the 11th convocation of Indian Institute of Science Education and Research (IISER) in Bhopal. While appealing...
