Business
Major Indian quick-commerce companies, including Swiggy and Zepto, have stopped using the “10-minute delivery” claim in their branding and marketing after a government directive urging changes to how ultra-fast delivery is promoted. Government and Safety Concerns The Union Labour Ministry raised concerns that fixed delivery-time promises could put excessive pressure on gig
Business
The United States has approved the sale of Nvidia’s advanced artificial intelligence chips to China under specific regulatory conditions, marking a calibrated easing of earlier export restrictions. Conditional Approval Framework The approval allows Nvidia to export select high-end AI chips after meeting compliance requirements set by US authorities. These include
Business
The Adani Group has announced plans to invest ₹1.5 lakh crore in Gujarat’s Kutch region over the next five years, signalling a major expansion of its infrastructure and energy footprint in the state. The announcement was made during a regional business conference attended by industry and government representatives. Focus on Energy and Infrastructure The proposed […]
Business Markets
Foreign portfolio investors continued their selling spree in Indian equities in January, pulling out nearly ₹11,800 crore so far this month. The sustained outflows have added to market volatility during the early part of the year, even as domestic investors provided some support. Reasons Behind the Outflows Market participants attribute the continued selling to global […]
Business
Reliance Industries Ltd has said it has not received any Russian crude oil in the last three weeks and does not expect any deliveries from Russia during January. The company issued a clarification after reports claimed that tankers carrying Russian crude were heading to its Jamnagar refinery in Gujarat. Statement on Crude Procurement Reliance said […]