Economy News

States get Rs 10,000-crore as capex loans so far in FY25; total sanctions at Rs 15,000 crore

Of the Rs 1.3 trillion capex support provided for states in the interim budget for FY25, Rs 55,000 crore in untied capex loans, rolled out from April 1. The Centre.

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Economy News

GST Council eases compliance norms

Anti-profiteering mechanism only till FY25-end The Goods and Services Tax (GST) Council on Saturday announced several steps to ease the compliance burden of taxpayers and reduce litigation, tweaked the rates.

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News Stock Market

Microsoft hit with EU antitrust charge over Teams app

By Foo Yun Chee BRUSSELS (Reuters) -Microsoft faces a hefty antitrust fine after the European Commission on Tuesday accused it of illegally linking its chat and video app Teams with.

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News Stock Market

Tesla recalls thousands of Cybertrucks over windshield wiper, exterior trim issues

(Reuters) -Tesla is recalling 11,688 Cybertruck electric pickup trucks as a failure of the windshield wiper could reduce visibility, increasing the risk of a crash, the U.S. National Highway Traffic.

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News Stock Market

Nissan to start producing EVs for Dongfeng Motor by year-end, Nikkei reports

TOKYO (Reuters) – Nissan (OTC:NSANY) Motor will produce electric vehicles (EVs) for China’s Dongfeng Motor at its Wuhan factory by the end of the year, the Nikkei newspaper reported on Tuesday. By.

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News Sports

Gautam Gambhir Urges ICC To Revisit This Rule, Says ‘Unfair’ For Finger Spinners

Gautam Gambhir urged the International Cricket Council (ICC) to revisit the two new-ball rule in limited over formats, and the World Cup-winner termed it as “unfair” to finger spinners. Former.

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Commodities News

Oil steady as downbeat Chinese data offset demand hopes

By Alex Lawler LONDON -Oil was steady on Monday after Chinese economic data underscoring a bumpy recovery for the world’s biggest crude importer offset hopes for a boost to demand.

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Commodities News

Oil dips, but posts weekly gain on solid 2024 demand outlook

By Nicole Jao NEW YORK (Reuters) -Oil futures prices settled slightly lower on Friday after a survey showed deteriorating U.S. consumer sentiment, but prices rose 4% for the week as.

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Commodities News

Oil reports best weekly gain since April on robust demand outlook for 2024; Brent up 4% at $82/bbl

Brent and the US benchmark gained four per cent on the week, the highest weekly rise in percentage terms since April. International crude oil prices settled slightly lower in the.

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News Technology

Elon Musk plans xAI supercomputer

Elon Musk’s AI startup xAI plans to build a supercomputer powered by Nvidia H100 GPUs to enhance its chatbot Grok. U.S. businessman Elon Musk recently told investors that his artificial.

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