Pezeshkian prepares for Iranian Presidency, contours of ministerial team emerging

New Delhi, July 19 (IANS) With President-elect Masoud Pezeshkian set to formally assume power at the end of July, his present focus is on interacting with stakeholders, outlining his policies, and selecting his team amid indications that his way ahead may be somewhat eased by realignments in the conservative/hardline camp. Pezeshkian was due to be […]
BlackSoil NBFC raises over Rs 200 crore debt in 1st half of 2024

Mumbai, July 19 (IANS) Alternative credit platform BlackSoil NBFC, an arm of BlackSoil Group, on Friday, said that it raised Rs 208 crore debt in the first half of the year. Sixty per cent of this funding came from new debt investors, said the company. BlackSoil’s total debt raise reached over Rs 1,570 crore (as […]
Global Microsoft outage: Airline services affected in India, netizens say ‘early weekend’ (Ld)

New Delhi, July 19 (IANS) The ongoing global outage of the US tech giant Microsoft has affected millions of users across the world, including in India, where airlines and airport services are majorly hit. Millions of Microsoft Windows users are experiencing the “Blue Screen of Death” error that causes their computers to shut down or […]
Paytm share price sees positive momentum, as firm announces Q1 FY25 results

New Delhi, July 19 (IANS) In a wider trend when stock prices of domestic technology majors are down by 2-2.7 per cent, One 97 Communications, the parent company that operates the brand Paytm, has seen an upward trend, after the firm announced its financial results for the first quarter of FY 2025. The share price […]
Japan’s Toshiba group to invest Rs 500 crore to expand ops in India

New Delhi, July 19 (IANS) Japan’s Toshiba Group plans to invest another 10 billion Japanese yen (over Rs 500 crore) in India to expand its capacity for producing power transmission and distribution equipment in the country. Toshiba Transmission & Distribution Systems (India) Pvt Ltd (TTDI) will increase its capacity for manufacturing power transformers and distribution […]
India’s electricity demand may surge by eight per cent this year: IEA

New Delhi, July 19 (IANS) With demand for electricity in India expected to surge by a massive eight per cent this year, the world’s demand is rising at its fastest rate in years, driven by robust economic growth, intense heat waves and increasing uptake of technologies that run on electricity such as EVs and heat […]
Microsoft experiences outage worldwide, netizens react

New Delhi, July 19 (IANS) US tech giant Microsoft on Friday experienced a significant outage, affecting its services for users across many countries including India, the US, Japan, and Australia. According to crowd-sourced website Downdetector, users are experiencing outages across Skype, Office 265, Bing, Azure, Teams, and Xbox. Users are seeing blue screen of death […]
Forex inflows from NRIs surge 4-fold to $2.7 bn in April-May

Mumbai, July 19 (IANS) The money from Indians working overseas that come into NRI deposits of banks surged more than 4-fold to $2.7 billion in April-May this year compared to $0.6 billion in the same period last year, strengthening the country’s foreign exchange reserves, the latest data compiled by the RBI showed. The total NRI […]
Retail sales surge in India amid high disposable incomes, rising consumption

New Delhi, July 19 (IANS) As household consumption expenditure on goods and services surged with rising disposable incomes, the country saw a significant 5 per cent growth in retail sales in the month of June. According to a survey by the Retailers Association of India (RAI), south India led the regional growth with 7 per […]
‘Bad Newz’: Vicky Kaushal, Triptii Dimri and Ammy Virk trio suffer at the hands poor screenplay – IANS Rating: **

Mumbai, July 19 (IANS) The good news is that Hindi cinema is now open to experimenting with newer themes, moving away from the tried and true formulas that ruled for decades. The bad news — incidentally, that’s the title of this week’s release — is that despite filmmakers testing innovative ideas, there’s still a lack […]