NEW DELHI: The Centre aims to raise nearly Rs 1.8 lakh crore through equity divestment in state run firms led by initial public offers (IPOs) over the next four years as part of the second phase of the national monetisation plan, data released by govt’s policy think tank Niti Aayog showed.The National Monetisation Pipeline (NMP)…
NEW DELHI: The Times of India Gadgets Now Awards 2025 celebrated last year’s standout gadgets at an event on Monday where technology met glamour. The event drew an eclectic gathering of distinguished guests who came together to recognise technological excellence across key categories, including smartphones, smartwatches, audio products, televisions and more.This year, the Awards that…
MUMBAI: Navigating twin disruptions – intensifying geopolitical uncertainty and the rapid rise of AI-native competitors – India’s technology industry is leaning on its strengths of scale, engineering depth and delivery resilience. Despite AI-led disruption that rattled stock prices, India’s tech sector is on track to grow 6.1% to $315 billion in FY26, according to Nasscom.The…
The government will divest up to a 4 per cent stake in state-owned Indian Railway Finance Corporation Ltd (IRFC) through an Offer for Sale (OFS) beginning Wednesday, according to a regulatory filing by the company.The floor price for the OFS has been fixed at Rs 104 per equity share, IRFC said, adding that the stake…
JPMorgan Chase CEO Jamie Dimon (Photo-AP) JPMorgan Chase CEO Jamie Dimon signalled he plans to remain in charge of the largest US bank for “a few years,” offering fresh clarity on leadership succession even as the lender projected strong investment banking and trading performance, Reuters reported.Speaking at the bank’s Investor Day in New York, Dimon…
Union Minister of Commerce and Industry, Piyush Goyal and Jasem Mohamed Albudaiwi, Secretary General of the Gulf Cooperation Council (Photo credit- PTI) India and the Gulf Cooperation Council (GCC) have formally launched negotiations for a comprehensive Free Trade Agreement (FTA) after signing a joint statement aimed at deepening trade and investment ties between the two…
BENGALURU: India’s next-generation Fastag system may not require a physical tag at all. Vehicles could be identified through roadside cameras, their type and number detected in real time, and tolls deducted automatically without a windshield sticker, Pramod Varma, a key architect of India’s digital public infrastructure (DPI), said on Tuesday.Speaking at the ConvoZen Conversational AI…
Equity benchmark indices Sensex and Nifty ended sharply lower, falling more than 1 per cent, as heavy selling in information technology stocks combined with global trade uncertainties and rising geopolitical tensions to weigh on investor sentiment.The NSE Nifty declined 288.35 points, or 1.12 per cent, to close at 25,424.65 after touching an intraday low of…
A sharp selloff in technology stocks has pushed the Nifty IT index into its steepest monthly decline since the 2008 global financial crisis, as fears around artificial intelligence disruption rattled investor confidence.With Tuesday’s 6% decline, the Nifty IT index has plunged over 21% in February alone, marking its worst monthly fall since the 2008 global…
Real GDP in India is calculated by adjusting nominal growth figures for inflation through the use of price indices. (AI image) India is set to release its first set of GDP or Gross Domestic Product data on the basis of a new series that may also address recent criticism from economists. The government is revamping…
