A naukri.com initiative
Business News
Guardian
12h
146
Image Credit: Guardian
Fear of being ordered back to office affecting UK staff wellbeing, poll finds
- A fear of being ordered back to the office is negatively impacting workers' wellbeing, according to a recent poll in the UK.
- Hybrid working, preferred by more than four in five employees, has had a positive effect on overall wellbeing, with concerns about finances influencing readiness to return to the office.
- Several UK companies, including HSBC and Barclays, have increased office attendance requirements, which has raised apprehensions among employees.
- The survey revealed that women and younger workers are more likely to express concerns about the potential impact of return-to-office mandates on their wellbeing.
Read Full Article
7 Likes
HinduBusinessLine
12h
249
Image Credit: HinduBusinessLine
Tesla India Opens Today Live: First showroom opens in Mumbai
- Tesla opens its first showroom in India in Mumbai's Bandra Kurla Complex.
- The showroom will display Model Y crossovers made in China with a starting price of over $56,000.
- A second showroom is expected to open in New Delhi in July, accompanied by local hiring and warehousing space.
- Tesla's entry into India focuses on building demand and brand image, with no immediate plans for a manufacturing plant.
Read Full Article
14 Likes
Bloomberg Quint
12h
43
Image Credit: Bloomberg Quint
Ola Electric Shares Continue To Rise As Investors Hold Faith After Poor Q1
- Ola Electric shares rose as much as 3.9% intraday to Rs 48.9 on the NSE, rebounding from poor Q1 results.
- Analysts have mixed ratings on Ola Electric's stock, with concerns about volume growth and market share.
- Goldman Sachs raised the 12-month price target for Ola Electric to Rs 63 citing improved volume and profitability expectations.
- The stock hit a 20% upper circuit in the previous session but is still down 48% since its listing in August 2024.
Read Full Article
2 Likes
Fourweekmba
12h
355
Image Credit: Fourweekmba
Nvidia’s China Chip Reversal: The $16 Billion Decision That Rewrites AI Geopolitics
- US government grants Nvidia licenses to resume H20 AI chip sales to China.
- $16 billion in frozen orders potentially unlocked after intense lobbying efforts by CEO Jensen Huang.
- Reversal signifies shift in US-China tech competition doctrine, prioritizing calibrated interdependence.
- Nvidia to balance Chinese demand against commitments to US and allied customers.
Read Full Article
21 Likes
HinduBusinessLine
12h
180
Image Credit: HinduBusinessLine
India bond yields may inch up as RBI announces another cash withdrawal
- The yield on the benchmark 10-year bond in India is expected to trade between 6.30% and 6.33% after the RBI announced another cash withdrawal, with the five-year bond ending at 6.0025%.
- India's annual retail inflation dropped to a more than six-year low of 2.10% in June, lower than economists' estimates, while core inflation excluding volatile items was at 4.4%-4.5%.
- The RBI will conduct a three-day variable rate reverse repo auction for ₹1 lakh crore and G-Secs yields remain sticky despite ample liquidity in the banking system.
- India bonds are flat ahead of the country's and the US's inflation data, with the expectation of paying pressure on liquidity withdrawal in the OIS rates and the impact of elevated US yields.
Read Full Article
10 Likes
HinduBusinessLine
12h
57
Image Credit: HinduBusinessLine
Rupee trades flat at 85.92 against US dollar in early trade
- Rupee traded flat against the US dollar in early trade at 85.92 as FII outflows and uncertainty over India-US trade talks persisted.
- The rupee opened at 85.97 before settling at 85.92, with the rupee having weakened by 12 paise in the previous session.
- Factors influencing the rupee include the dollar's strength, Asian currency fluctuations, RBI selling dollars, and FPIs being net sellers.
- Inflation data showed retail inflation at a six-year low of 2.1%, WPI turning negative, and Brent crude falling amidst global market uncertainties.
Read Full Article
3 Likes
HinduBusinessLine
12h
336
Image Credit: HinduBusinessLine
Crude oil prices fall as Trump issues 50-day deadline to Russia for Ukraine ceasefire
- Crude oil prices saw a decline with Brent oil futures at $68.87 and WTI futures at $66.59 on Tuesday, both down by around 0.5%.
- President Trump issued a 50-day deadline to Russia for a Ukraine ceasefire, threatening sanctions on Russian export buyers if no agreement is reached.
- Market reaction included a 1.6% drop in ICE Brent prices despite Trump's statement, as doubts lingered on the enforcement of the imposed tariffs.
- The global oil market could face a deficit if tariffs are implemented, exerting upward pressure on oil prices, though doubts exist on whether Trump would execute these sanctions.
Read Full Article
20 Likes
Fourweekmba
12h
21
Image Credit: Fourweekmba
Meta’s $65 Billion Infrastructure Gambit: Building the Physical Foundation for AI Supremacy
- Meta commits $65 billion in 2025 for massive AI infrastructure buildout.
- From Louisiana megasite to nuclear partnerships, Meta aims at AI supremacy.
- Investing in 1.3 million GPUs and clean energy sources like nuclear power.
- Meta's strategic infrastructure move aims at long-term AI leadership and innovation.
Read Full Article
Like
HinduBusinessLine
12h
329
Image Credit: HinduBusinessLine
Astronauts from India, Poland, Hungary depart space station for return flight
- A Crew Dragon capsule carrying astronauts from India, Poland, and Hungary departed the International Space Station (ISS) after an 18-day mission.
- The mission, organized by Axiom Space in partnership with SpaceX, marked the first human spaceflight for India, Poland, and Hungary in over 40 years.
- The Dragon capsule is set to re-enter Earth's atmosphere and parachute into the Pacific Ocean off the coast of California on Tuesday, following a 22-hour return flight.
- The mission, named Axiom-4, led by former NASA astronaut Whitson, aimed to conduct research experiments and further SpaceX's Crew Dragon fleet development.
Read Full Article
19 Likes
Bloomberg Quint
12h
1.7k
Image Credit: Bloomberg Quint
'Don't Wan't Memes Or Rant': EaseMyTrip Co-Founder Pledges Rs 1 Crore To End Bengaluru Traffic Chaos
- EaseMyTrip Co-Founder Prashant Pitti pledges Rs 1 crore to address Bengaluru's traffic issues using technology-driven solutions like Google Maps and satellite data.
- Pitti aims to identify traffic chokepoints in Bengaluru by leveraging tools such as 'Road Management Insight' data on Google Maps and satellite imagery to help the traffic department take targeted actions.
- He plans to allocate the funds to hire machine learning/artificial intelligence engineers, cover costs for APIs, GPUs, and other tools required for the project.
- Pitti calls for support from followers to connect with individuals who can contribute to the project and emphasizes the importance of improving Bengaluru's traffic situation for its tech community.
Read Full Article
22 Likes
HinduBusinessLine
13h
75
Image Credit: HinduBusinessLine
Tesla’s long-awaited India debut bets on luxury vehicle buyers
- Tesla is opening a 4,000-square-foot showroom in Mumbai's financial district, showcasing Model Y crossovers made in China with a price over $56,000.
- Tesla's entry into the Indian market aims to gauge demand for EVs and build the brand's image, with no immediate plans for a manufacturing plant in India.
- Despite facing challenges in core markets like China and the US, Tesla sees India as an opportunity due to relatively low EV penetration and untapped market potential.
- Tesla will compete with luxury carmakers in India, but few may afford its vehicles, with discussions ongoing about potentially reducing tariffs on automobiles in a US-India trade deal.
Read Full Article
1 Like
HinduBusinessLine
13h
50
Image Credit: HinduBusinessLine
US inflation likely worsened last month as Trump's tariffs start to bite
- Consumer prices likely rose 2.6% last month from a year ago, with a monthly increase of 0.3%, the largest since January.
- Worsening inflation poses a political challenge for President Trump, who promised to lower costs, and could impact the Federal Reserve's interest rate decisions.
- Excluding food and energy, inflation is forecasted to have risen 3% in June from a year earlier.
- Although tariffs imposed by Trump have not significantly raised inflation yet, some companies are increasing prices in response, while others are waiting to assess trade deals before raising prices.
Read Full Article
1 Like
Bloomberg Quint
13h
717
Image Credit: Bloomberg Quint
Stocks To Watch Today: HCLTech, Rallis India, Tejas Networks, Brigade Enterprises, Deepak Fertilizer
- Stocks to watch today include HCLTech, Rallis India, Tejas Networks, Brigade Enterprises, Deepak Fertilizer.
- Notable corporate announcements include NCDs approval, regasification agreement, and US patent dispute resolution.
- Earnings highlights for HCL Tech, Tata Tech, Rallis India, and Tejas Networks are provided.
Read Full Article
18 Likes
Bloomberg Quint
13h
340
Image Credit: Bloomberg Quint
Bengaluru Autorickshaw Fares Revised: Base Price Hiked To Rs 36, Check New Rates
- Bengaluru's Regional Transport Authority (RTA) has increased autorickshaw fares, with the base price rising to Rs 36 for the first two kilometers starting August 1.
- The fare for each additional kilometer has been raised to Rs 18 from the previous Rs 15, and a 50% surcharge for night travel from 10 p.m. to 5 a.m. will be applicable.
- Passengers can now carry up to 20 kg of baggage for free, with a fee of Rs 10 for every additional 20 kg. Auto drivers are required to prominently display the revised fare chart and recalibrate fare meters by October 31, 2025.
- Despite the revision, some auto drivers are dissatisfied, citing increased expenses. Ride-hailing platforms like Ola and Uber are expected to align their pricing with the new fares.
Read Full Article
20 Likes
HinduBusinessLine
13h
105
Image Credit: HinduBusinessLine
CPI inflation in July likely to hit historical low, FY26 to be at 3% below RBI estimate of 3.7%: SBI
- SBI projects that the average CPI inflation for FY26 will be between 3.0-3.2%, significantly lower than RBI's estimate of 3.7% and below the average of 4.6% in FY25.
- The recent 50 basis points rate cut by RBI in June has led to a sharp moderation in inflation, with SBI foreseeing benign inflation trends and focusing on supporting capital formation for sustained growth.
- India's CPI inflation in June 2025 hit a 77-month low at 2.10%, attributed to a sharp decline in food inflation. However, imported inflation continued to rise for the 13th consecutive month, driven by higher gold and silver prices.
- The report hints at a possible 25 basis points rate cut in the future to boost economic growth amid global uncertainties, aiming to strike a balance between growth and inflation in line with the MPC's data-dependent approach.
Read Full Article
6 Likes
For uninterrupted reading, download the app