
The production-linked incentive (PLI) for the food processing industry has generated employment of more than 2.89 lakh (as of October 31), the government said on Friday. ...

Elon Musk’s xAI raises $6 billion to expand AI capabilities...

The food processing sector in India received foreign direct investment (FDI) worth $368.37 million this fiscal (till September), the Parliament was informed. ...

Over 30.43 crore unorganised workers have registered on the government's eShram portal (as of December 1), the Parliament was informed. ...

The Reserve Bank of India (RBI) on Friday slashed the cash reserve ratio (CRR) for banks by 0.5 per cent to make more funds available for lending to spur economic growth, but kept the key policy repo rate unchanged at 6.5 per cent with an eye on inflation. ...

The RBI’s decision to cut the cash reserve ratio (CRR) by 50 bps would help support growth, after the revision in the GDP forecast for FY25, industry experts said on Friday. ...

The Reserve Bank has scaled down its forecast for India’s GDP growth for 2024-25 to 6.6 per cent from 7.2 per cent earlier, RBI Governor Shaktikanta Das announced on Friday. ...

The domestic startup ecosystem is driving transformative change by democratising business and converting job seekers into job creators, Union Minister of Commerce and Industry, Piyush Goyal, said on Thursday. ...

Unionised workers at Hyundai Motor will stage a partial strike this week in solidarity with an umbrella labour union's walkout against President Yoon Suk Yeol's short-lived martial law declaration, according to the company's union on Thursday. ...

LG Electronics said on Thursday it has teamed up with Ambarella, a US artificial intelligence (AI) semiconductor design company, to introduce an enhanced in-cabin sensing solution featuring driver and vehicle interior space detection technologies. ...