Growing e-commerce marketplace Temu has sued its rival Shein, alleging that the online shopping giant is using "Mafia-style" intimidation tactics on merchants....
Fed’s dovish comments portend three rate cuts in CY24 and have turned market sentiment decisively. We expect the RBI to follow suit with concurrent rate cuts, Emkay Global Financial Services said in a report....
The State Bank of India (SBI) has hiked its base rate of lending from 10.10 per cent to 10.25 per cent which is likely to lead to an increase in the EMIs of home, auto and personal loans. ...
US-based e-commerce and fintech company Bolt has confirmed it laid off 29 per cent of its staff....
Looking back at 'How India Swiggy'd in 2023', the online food delivery platform on Thursday revealed that a user from Mumbai alone spent Rs 42.3 lakh on food orders this year....
Microsoft-owned gaming console brand Xbox has announced that its Cloud Gaming service is now available on Meta Quest VR headset devices. ...
Elon Musk-run X Corp banned a record 3,33,036 accounts in India between October 26 and November 25, mostly for promoting child sexual exploitation and non-consensual nudity. ...
The Ministry of Coal issued the Vesting Orders for six commercial coal mines and signed agreements for two mines on Thursday....
The New Delhi declaration of the Global Partnership on Artificial Intelligence (GPAI), unanimously adopted by 28 countries on Wednesday, is focused on harnessing new opportunities and mitigating the risks arising from the development, deployment and use of AI. ...
The US Federal Reserve has left interest rates unchanged at a 22-year high of 5.25 per cent to 5.5 per cent as inflation continued to cool, signalling an end to its rate hiking cycle and possible rate cuts next year....
