Economy News

India’s services sector PMI declines to one-year low of 56.9 in November 2023 on slow order growth, output

According to S&P Global’s survey data, the increase in Indian services activity extended into November, with cooling price pressures and demand resilience inducing sales growth. India’s services activity growth declined.

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Economy News

LNG consumption, imports seen rising as prices ease

The surge in imports can be attributed to increased gas consumption in the fertilizer and power sectors. India’s consumption of Liquified Natural Gas (LNG) is expected to rise further in.

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Economy News

No relaxation in borrowing limits for Kerala, other states: Finance Minister

To a question on whether the Centre proposes to relax the existing borrowing terms considering the financial crisis of Kerala, Sitharaman replied in the negative. Finance Minister Nirmala Sitharaman on.

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News Technology

From GPUs to NPUs: Evolution of AI hardware in smartphones

From rendering graphics to processing neural networks, learn how smartphone processors evolved. If you read our Google Pixel 8 review, you’d have realised how far the applications of artificial intelligence (AI).

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News

Oil falls on demand fears and doubts over OPEC+ cuts

By Alex Lawler LONDON (Reuters) – Oil prices extended declines on Monday, pressured by investor scepticism over the latest OPEC+ decision on supply cuts and uncertainty surrounding global fuel demand,.

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Commodities News

ATF price cut by 4.6 per cent; commercial LPG rate hiked by Rs 21

Price of domestic LPG – used in household kitchens for cooking purposes – remained unchanged at Rs 903 per 14.2-kg cylinder. Jet fuel or ATF price was on Friday slashed.

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Commodities News

Govt offloads over 4 MT of wheat in open market to curb prices

On Wednesday, the FCI sold 0.28 MT of wheat to 2,420 bidders in the weekly e-auction, which commenced in June, against 0.3 MT offered on sale for the flour millers.

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Commodities News

Oil prices fall, extend slide after OPEC+ cuts underwhelm

Brent crude futures for February fell 14 cents, or 0.2%, to $80.72 a barrel by 0005 GMT. U.S. West Texas Intermediate crude futures fell 12 cents, or 0.2%, to $75.84..

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Cryptocurrency News

Philippines’ SEC to Block Access to Binance, Says Crypto Exchange’s Operator Not a Registered Corporation

The removal of Binance access in the Philippines will take effect within three months of the issuance of SEC’s advisory on November 28. Binance broke US anti-money laundering and sanctions.

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News Technology

‘Felt hurt and angry’, OpenAI CEO Sam Altman opens up about the 5-day boardroom drama

Sam Altman has finally broken his silence on all that transpired following his sacking by the OpenAI board. On November 17, the tech world was shaken by the unceremonious sacking.

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