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N.Korea claims successful launch of IRBM tipped with hypersonic warhead

Seoul, April 4 (IANS) North Korea on Wednesday claimed it has successfully test-fired a new intermediate-range ballistic missile (IRBM) tipped with a hypersonic warhead, saying that all missiles the country has developed are now solid-fuel and nuclear-capable with warhead control capability. North Korean leader Kim Jong-un guided the testing of the Hwasong-16 missile on Tuesday, […]

Biden ‘outraged’ by death of Gaza aid workers in Israeli strike

Washington, April 3 (IANS) US President Joe Biden has said that he is “outraged and heartbroken” by the deaths of seven humanitarian workers from World Central Kitchen (WCK), including one American, in Gaza on Monday. “They were providing food to hungry civilians in the middle of a war. They were brave and selfless. Their deaths […]

Samsung to release new products globally at same time

Seoul, April 3 (IANS) Samsung on Wednesday unveiled its latest lineup of home appliance innovations with the global launch of its artificial intelligence (AI)-powered products in a bid to offer synchronising consumer experiences worldwide. At a press conference in Seoul, the tech giant unveiled its latest ‘BESPOKE AI’ home appliance lineup, including washer-dryer combos, refrigerators […]

Highest inflows by domestic funds since April 2020

New Delhi, April 3 (IANS) Domestic institutional investors (DIIs) recorded the eighth consecutive month of inflows in March 2024 at $6.8 billion, the highest since April 2020, Motilal Oswal Financial Services said. FIIs too recorded strong inflows of $4 billion in March 2024. FII inflows into Indian equities stand at $1.4 billion in CY24 YTD […]

‘Lifestyle companies experiencing subdued demand across product categories’

New Delhi, April 3 (IANS) Many lifestyle companies are experiencing softness in demand across product categories, Motilal Oswal Financial Services said.Stores witnessed the liquidation of old, piled-up inventories, and companies have introduced fresh summer collections. January has been soft, but February was slightly better, benefiting from the wedding season and partly from the extended winter […]

Gold price surges to record high

New Delhi, April 3 (IANS) Gold price in India hit a record high Rs 69, 640 per 10 grams on MCX on Wednesday tracking a sharp increase in international prices of the precious metal, driven by the high safe-haven demand amid escalating geopolitical tensions in Central Asia and the Russia-Ukraine war. In the international market, […]

HCLTech, Google Cloud launches initiative to scale ‘Gemini’ to global firms

New Delhi, April 3 (IANS) HCLTech on Wednesday announced an expanded partnership with Google Cloud to create industry solutions and drive business value with the tech giant’s multimodal large language Artificial Intelligence (AI) model ‘Gemini’. With this, HCLTech will enable 25,000 engineers on Gemini for Google Cloud to help mutual clients innovate and optimise their […]

FPIs may continue to sell in India due to rising bond yields in US

New Delhi, April 3 (IANS) The rising bond yields in the US are impacting equity markets, says V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services. The rate cut from the Fed expected in July is fading now since the labour market continues to be tight and the rising crude (Brent at $89) is feared […]