Gliding on robotic haulers, a line of Ferrari frames maneuvers through a gleaming new factory in Northern Italy. At each station, engineers in cherry red uniforms add a component — an engine block, a dashboard, a steering wheel — as they transform the bodies into hybrid vehicles. Up next: fully electric. A lot is riding … Read more
Central bankers aren’t born as chronic worriers, but they quickly acquire the trait. They are now spending considerable time fretting about artificial intelligence: Its ability to play havoc with prices, jobs, and the security of banking. As gut-wrenching as the meltdown of 2008 was, imagine if a rogue machine turbocharged a market rout. It’s not quite … Read more
To tap the potential of the country’s air cargo sector, the focus should be on further improving processes as well as ensuring faster turnaround time, a senior government official said on Thursday. “The government is working on developing logistics hubs,” he added. Piyush Srivastava, Senior Economic Advisor at the Ministry of Civil Aviation, said that … Read more
Good news for Indian students! The Consulate General of India (CGI) in New York has launched a dedicated platform for you to find internship opportunities at companies in the United States. And it doesn’t end here. The portal also provides information about experts offering psychological and healthcare advice to Indian students. Here’s what the consulate … Read more
In the last couple of years, the demand for retail real estate in India has been vibrant. In 2023, it touched an all-time high of 7.1 million square feet across the top eight cities in India, 47 per cent higher than in 2022, as per data shared by CBRE. With this, several global luxury brands … Read more
HDFC Bank will undertake a system upgrade on July 13, wherein it will migrate its core banking system (CBS) to a new engineered platform to enhance customer experience, the bank said on Monday. The migration will allow the bank to improve performance speed, expand capacity to handle high traffic volume, and boost reliability and scalability, … Read more
Indian health insurer Niva Bupa has filed for an initial public offering (IPO) to raise up to Rs 3,000 crore (nearly $360 million), draft papers showed on Monday. Â The company, majority owned by British United Provident Fund (Bupa), said it will issue fresh shares worth up to Rs 8 crore as part of the offering. … Read more
Modi in Space! Prime Minister Narendra Modi can fly to space when India’s first human mission, ‘Gaganyaan’ will become operational, said Indian Space Research Organisation (ISRO) Chairman S Somnath while expressing pride in taking the head of state to space. “While he (PM Modi) certainly has many other, more critical responsibilities, developing a human spaceflight … Read more
Strong buyer confidence has kept property registrations in Mumbai above the 10,000 mark for the first six months of the 2024 calendar year | Photo: Shutterstock 2 min read Last Updated : Jun 30 2024 | 1:06 PM IST The registration of properties in the Mumbai municipal region rose 12 per cent annually in June … Read more