business news

Maldives President Mohamed Muizzu has expressed gratitude to India and China for their support in easing the country's debt repayment burden, enabling the Maldives to assert greater economic sovereignty. Addressing the official Independence Day function in the Maldives on Friday, Muizzu praised his administration's foreign policy and highlighted eight months of "diplomatic success."

In a daring heist in Navi Mumbai’s Kharghar area, three masked men armed with revolvers stole jewelry worth ₹11.80 lakh from a local shop on Sunday night. The incident, which occurred around 10 PM, involved the robbers entering the shop, threatening and assaulting the staff, and firing multiple rounds.

Sundar Pichai, the CEO of Google and Alphabet, was honored with an honorary Doctor of Science (Honoris Causa) degree by his alma mater, IIT Kharagpur, during a ceremony held in San Francisco. This prestigious recognition highlights Pichai’s significant contributions to technology and his alma mater's impact on his career.

The Supreme Court of India has expressed strong dissatisfaction with a recent judgment from a single judge bench of the Delhi High Court in the high-profile arbitration case involving media tycoon Kalanithi Maran and SpiceJet. The apex court criticized the Delhi High Court's handling of the case, labeling the judgment as "atrocious" and lacking in thoughtful analysis.

In the Union Budget for FY25, the Ministry of Electronics and Information Technology (MeitY) has been allocated ₹2 crore for the establishment and operational expenses of the Data Protection Board (DPB). This allocation is intended to cover both capital and revenue expenditures, ensuring the board's effective functioning and oversight in data protection matters.

Meta AI is now accessible in Hindi and six additional languages, marking a significant expansion for the tech giant’s multilingual assistant.

Nvidia is developing a new version of its flagship AI chip, specifically designed for the Chinese market, according to sources familiar with the matter. The chip, tentatively named the "B20," is expected to be launched in collaboration with Inspur, a major distributor partner in China.

In an unusual turn of events, a senior engineer at Microsoft in Bengaluru has been spotted driving an autorickshaw on weekends to tackle his feelings of loneliness. The revelation, shared by social media user Venkatesh Gupta on X (formerly Twitter), has ignited a significant debate online.

On the occasion of Guru Purnima, Anand Mahindra, Chairman of Mahindra and Mahindra, shared a unique perspective on learning and mentorship. In a thoughtful post on X (formerly Twitter), Mahindra revealed that he does not adhere to having a singular guru or mentor. Instead, he emphasized the value of learning from everyone around us.

An intriguing YouTube interview with Swiggy and Zomato delivery agents in Bengaluru has unveiled surprising salary figures that exceed those of average IT engineers. The interview, conducted by Loveena Kamath for the Full Disclosure channel, highlights how these delivery agents are earning significantly more than their counterparts in the IT sector.