Feedback | Thursday, May 23, 2024

May 22, 2024 5:46 PM

Russia denies U.S. charge that it put anti-satellite weapon in space

Russia's top arms control diplomat dismissed as "fake news" on Wednesday an assertion by the United States that Russia had launched a weapon into low-Earth orbit that was capable of inspecting and attacking other satellites. The Kremlin has flatly denied assertions by U.S. officials that Moscow is ...

May 22, 2024 4:18 PM

US announces details on higher China tariffs, some to start Aug. 1

The U.S. Trade Representative's office on Wednesday said some of the steep tariff increases on an array of Chinese imports including electric vehicle batteries, computer chips and medical products will take effect on August 1. President Joe Biden will keep tariffs put in place by his Republican pre...

May 22, 2024 12:14 PM

Nifty, Sensex open flat; DIIs sustain market momentum

Indian benchmark indices opened cautiously on Wednesday, with buying by Domestic Institutional Investors (DIIs) offsetting selling by Foreign Institutional Investors (FIIs). The Nifty 50 index rose by 20 points to reach 22,549.70 from the previous close of 22,529.05, while the Sensex also gained 91...

May 22, 2024 11:29 AM

Paytm registers 25% growth in revenue at Rs 9,978 crore in 2023-24

Paytm, the leading fintech brand operated by One 97 Communications, has reported a 25% surge in revenue, reaching Rs 9,978 crore during the financial year 2023-24. The company attributed the growth to the increasing gross merchandise value (GMV), expansion of merchant devices, and the flourishing fi...

May 22, 2024 10:13 AM

Indian and French armies participate in joint military exercise ‘Shakti’

The Indian and French armies are sharing critical skills in jungle survival and mountain operations during the 7th edition of the ongoing Joint Exercise Shakti. The biennial training event, being held from May 13-26 in Umroi, Meghalaya, aims to enhance the militaries' capabilities for multi-domain o...

May 21, 2024 4:19 PM

AI summit secures safety commitments from 16 companies

Sixteen companies involved in AI including Alphabet's Google, Meta, Microsoft and OpenAI, as well as companies from China, South Korea and the United Arab Emirates have committed to safe development of the technology. The announcement unveiled in a UK government statement on Tuesday came as South K...

May 21, 2024 1:37 PM

ONGC reports highest-ever standalone profit in FY24

ONGC reported its highest-ever standalone net profit of Rs 40,526 crore in FY24 on Monday. In a stock exchange filing, ONGC announced that its consolidated net profit for FY24 reached an all-time high of Rs 57,101 crore, positioning itself as a frontrunner in the energy sector. The company's crude ...

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