News Technology

Intel discloses $7 billion operating loss for chip-making unit

During a presentation for investors, Chief Executive Pat Gelsinger said 2024 would be the year of worst operating losses for the company’s chipmaking business and that it expects to break.

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News Technology

Samsung unveils AI-powered home appliances

Samsung has revealed a series of AI-powered home appliances. The tech giant claims AI can help increase the longevity and sustainability of these appliances. Samsung on Wednesday revealed its Bespoke.

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News Technology

Apple services restored after brief outages globally

Major Apple services including the App Store, Apple Music, and Apple TV+ experienced outages yesterday, affecting users in multiple countries. The issues, which also impacted Apple Fitness+ and other services,.

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News Sports

Why former World Champion Magnus Carlsen thinks Indian grandmasters are not going to win the Candidates

Magnus Carlsen says Hikaru Nakamura and Fabiano Caruana are co-favourites to win the Candidates; ‘I don’t think Pragg is ready to win the tournament,” Carlsen said. In a day’s time,.

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Economy News

India eyes Rs 1 trillion marine exports in 2 years

Debunks reports of poor working conditions, safety standards India is aiming to reach Rs 1 trillion in marine product exports in next two years by increasing its processing capacity and.

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Economy News

India’s Services PMI rises to 61.2 in March on healthy demand conditions

Ines Lam, Economist at HSBC, said, “India’s services PMI rose in March, following a small dip in February, on the back of strong demand that spurred sales and business activity.”.

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Economy News

RBI MPC Meet Day 2: RBI likely to keep repo rate unchanged at 6.50%; economists say GDP estimate may be revised up

The RBI MPC meeting commenced on April 3 and the six-member committee headed by RBI Governor Shaktikanta Das, will announce its decision on India’s benchmark interest rate at 10 am.

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News Stock Market

Austria’s RBI can’t give timing on possible Strabag deal, CEO says

VIENNA (Reuters) – Austria’s Raiffeisen Bank International, the biggest Western bank in Russia, cannot give a timeframe for its contested deal to purchase a stake in Austria’s Strabag that was.

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News Stock Market

Volvo Cars posts record March sales, lifted by small electric SUV

COPENHAGEN (Reuters) -Volvo Cars sold a record number of cars in March, boosted by the launch of its fully electric small SUV, the Swedish company said on Thursday, sending its.

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