Flipkart has launched its first grocery fulfillment center in Agartala, Tripura, marking a significant step into Northeast India’s growing online grocery market. This new center aims to boost last-mile delivery and offer flexible delivery options to meet increasing demand in Agartala and nearby areas. Stocking over 4,000 products, including staples like rice, flour, pulses, snacks,…
Mumbai: India’s foreign exchange reserves rose by USD 1.488 billion to USD 695.106 billion during the week ended August 15, according to RBI data released on Friday. In the previous reporting week, the overall reserves had risen by USD 4.747 billion to USD 693.618 billion. Foreign currency assets, a key component of the foreign exchange…
Amazon Web Services (AWS) CEO Matt Garman has cautioned companies against replacing entry-level employees with AI, calling it “one of the dumbest things” he’s heard. Speaking on the Matthew Berman podcast, Garman emphasized that junior employees are typically more affordable and quicker to adapt to new technologies, including AI tools. He questioned the long-term impact…
New Delhi: Zinc prices rose by 45 paise to Rs 267.10 per kg in futures trade on Thursday amid strong spot demand. At the Multi Commodity Exchange, the price of zinc contracts for September delivery rose by 45 paise, or 0.17 percent, to Rs 267.10 per kg in a business turnover of 1,477 lots. Zinc…
China has pledged to ease export restrictions on rare-earth minerals, fertilizers, and tunnel-boring machines during a recent diplomatic visit to India. However, India’s substantial trade deficit with China remains a pressing issue. Despite the Rs 18,100 crore PLI scheme and recent discoveries of rare earth reserves, concerns remain over India’s heavy import dependence. Think tank…
Gold prices in the national capital fell ₹400 to ₹1,00,020 per 10 gram on Wednesday due to continued selling by stockists, according to the All India Sarafa Association. The precious metal of 99.9% purity had closed at ₹1,00,420 per 10 gram at the previous market close. In the local market, gold of 99.5% purity fell…
New Delhi: Coriander prices on Tuesday rose by Rs 14 to Rs 7,776 per quintal in futures trade as speculators increased their positions tracking a firm trend in the spot market. At the NCDEX, coriander contracts for September delivery rose by Rs 14, or 0.18 percent, to Rs 7,776 per quintal with a turnover of…
Dr. G. Viswanathan, Chancellor of Vellore Institute of Technology (VIT), urged a renewed focus on education as a cornerstone for India’s transformation into a developed nation by 2047 during the university’s 40th Convocation Ceremony on Saturday. Supreme Court Justice R. Mahadevan, the chief guest, conferred degrees to 8,310 undergraduates, 2,802 postgraduates, and 451 doctoral graduates,…
Mahindra is preparing to phase out the 3XO, its compact SUV based on the SsangYong Tivoli platform, marking the end of an era. This decision aligns with Mahindra’s new global strategy centered on the upcoming NU_IQ modular platform, which will underpin its next-generation SUVs starting in 2027. Introduced in 2024, the 3XO was a heavily…
New Delhi: Gold futures on Monday rose by Rs 196 to Rs 1,00,034 per 10 grams on fresh buying by speculators amid strong spot demand. At the Multi Commodity Exchange, gold contracts for October delivery rose by Rs 196, or 0.2 percent, to Rs 1,00,034 per 10 grams in a business turnover of 12,789 lots….
