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German Economy Enters Recession as First Quarter GDP Contracts-thumnail

German Economy Enters Recession as First Quarter GDP Contracts

Germany’s economy has entered a recession as the latest data from the statistics office reveals a contraction in the first quarter of 2023 compared to the previous three months. The

News

May 25, 2023

Government’s Disinvestment Plans for Financial Year 2023-24: Meeting Budget Targets and Potential Stake Sales-thumnail

Government’s Disinvestment Plans for Financial Year 2023-24: Meeting Budget Targets and Potential Stake Sales

The Indian government aims to generate revenue through disinvestment in the current financial year. While plans for stake sales in IDBI Bank and Concor are underway, the government may resort

Finance

May 25, 2023

Using AI companies will ensure society benefits from the new technology-thumnail

Using AI companies will ensure society benefits from the new technology

British Prime Minister Rishi Sunak spoke with Google DeepMind’s Demis Hassabis, Anthropic’s Dario Amodei, and OpenAI’s Sam Altman about the dangers that AI poses, ranging from existential threats to disinformation

News

May 25, 2023

PM Modi officially launches the Delhi-Dehradun Vande Bharat Express-thumnail

PM Modi officially launches the Delhi-Dehradun Vande Bharat Express

Prime Minister Narendra Modi officially launched the Delhi-Dehradun Vande Bharat Express during a video conference on Thursday. The prime minister highlighted India’s remarkable economic growth despite numerous challenges and expressed

News

May 25, 2023

World Stocks Drop Amidst U.S. Debt Ceiling Concerns, Oil Prices Rise on OPEC+ Warning-thumnail

World Stocks Drop Amidst U.S. Debt Ceiling Concerns, Oil Prices Rise on OPEC+ Warning

On Wednesday, world stocks experienced a decline as the ongoing U.S. debt ceiling talks failed to reach a resolution. This uncertainty in the market led to a general sense of

News

May 25, 2023

Tata Group’s Expansion in Electronics and Semiconductor Business-thumnail

Tata Group’s Expansion in Electronics and Semiconductor Business

According to a report by The Economic Times (ET), Tata Group is embarking on an ambitious plan to expand its presence in the thriving electronics and semiconductor business. This strategic

Automation

May 25, 2023

To increase jobs, a Tata electric vehicle battery manufacturing is planned to be built in Somerset, UK-thumnail

To increase jobs, a Tata electric vehicle battery manufacturing is planned to be built in Somerset, UK

According to recent rumors, Somerset is poised to be the selected site for a big electric vehicle battery production, which may produce thousands of job possibilities. According to the BBC,

Automation

May 25, 2023

Rishad Premji, the chairman of Wipro, had a compensation reduction of 50% this year-thumnail

Rishad Premji, the chairman of Wipro, had a compensation reduction of 50% this year

According to a recent filing with the Securities and Exchange Commission in the US, Wipro Chairman Rishad Premji received an almost 50% paycut for the financial year 2023. For the

Business

May 25, 2023

Centre’s Dividend Income from Public Sector Banks and RBI Surpasses Expectations-thumnail

Centre’s Dividend Income from Public Sector Banks and RBI Surpasses Expectations

The Centre is set to receive a significant boost in its non-tax revenue for the fiscal year 2022-23 (FY23) from both public sector banks (PSBs) and the Reserve Bank of

Finance

May 25, 2023

Shares of Adani Enterprises fell by 2% when they reverted to the ASM framework-thumnail

Shares of Adani Enterprises fell by 2% when they reverted to the ASM framework

Stock exchanges have since May 25 placed Adani Enterprises within the short-term extra surveillance framework. Following the stock exchanges’ placement of Adani Enterprises under the short-term extra surveillance framework beginning

Business

May 25, 2023

UBER Introduces ‘Uber Green’ As A Venture Into The Ev Space-thumnail

UBER Introduces ‘Uber Green’ As A Venture Into The Ev Space

The international ride-hailing company said on Wednesday that it is forming a number of alliances to electrify its services in India. Uber, a global ride-hailing service, revealed its entry into

Automotive

May 24, 2023

Suzlon has received a significant order from Torrent Power for a 300 MW wind power project-thumnail

Suzlon has received a significant order from Torrent Power for a 300 MW wind power project

Suzlon, a supplier of renewable energy solutions, stated on Wednesday that it has received a large order from Torrent Power Limited, cementing its collaboration in the wind energy industry. The

News

May 24, 2023


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