India's GDP growth is robust on the back of solid investment demand which is supported by healthy balance sheets of banks and corporates, the government's focus on capital expenditure and prudent monetary, regulatory and fiscal policies, the RBI said on Thursday.

The Reserve Bank's Annual Report for 2023-24 said that the Indian economy is navigating the drag from an adverse global macroeconomic and financial environment.

Google will invest $2 billion in Malaysia to develop its first data centre and Google Cloud region in the country, the unit of Alphabet said on Thursday, the latest in a wave of expansion by global tech firms into Southeast Asia.

The government said the investment would advance Malaysia's digital ambitions, and the artificial intelligence (AI) capabilities and other advanced technologies would help local industry move up the global value chain.

Shares of Emami, the personal care products company, hit over two-year high at Rs 619, zooming 19 per cent on the BSE in Thursday's intra-day trade amid heavy volumes in an otherwise weak market as the management expects core brands to deliver a healthy all-round growth going forward, aided by recovery in rural, a strong summer and forecast of a good monsoon.

The stock surpassed its previous high of Rs 588.65 touched on January 1, 2024.

The Election Commission of India (ECI) directed the Chief Electoral Officer of Odisha to take immediate action against Nandighosha TV as per the existing provisions for telecasting exit poll results in Odisha.

Exit polls are prohibited under section 126A of the RP Act 1951. ECI had notified the prohibited period from April 19, 2024 (7 am) to June 1, 2024 (6:30 pm) vide its order dated March 28, 2024.

Buckle up for savings! IndiGo, India's leading airline, has announced a limited-time sale offering incredible deals on domestic and international flights.

Discounted fares start from Rs 1,199 for domestic flights and Rs 4,499 for international journeys. This makes it a great opportunity to plan your summer getaway without breaking the bank.

In stock markets, fortune favours the brave. More often than not, experts usually advise novice investors to stay away from penny stocks – that is stocks that trade below Rs 10. Microcap stocks – those between market capitalisation (market-cap) between Rs 10 crore and Rs 500 crore -, too, have been at times a ‘no go’ area for some stock market experts given the inherent volatility.

History, however, suggests otherwise.

HDFC Bank has announced that it will stop sending SMS alerts for UPI transitions up to Rs 100 from June 25. The private lender said that SMS alerts won’t be pushed for incoming payments up to Rs 500 from the said date either.

The lender informed its customers through emails and SMS that they would continue to receive email alerts for all UPI transactions.

Delhi Chief Minister Arvind Kejriwal's aide, Bibhav Kumar, on Wednesday approached the Delhi High Court to challenge his arrest in the Aam Aadmi Party (AAP) MP Swati Maliwal assault case, denouncing it as "illegal."

Kumar has filed a writ petition seeking his release from jail. His legal representatives have additionally urged a departmental inquiry against the Delhi Police officers involved in the matter.

Prestige Estates Projects has posted 70 per cent decline in consolidated net profit at Rs 140 crore for the quarter ended March 2024 on lower income.

Its net profit stood at Rs 468.4 crore in the year-ago period.

Total income fell to Rs 2,232.5 crore in the quarter from Rs 2,938 crore in January-March FY23, according to a regulatory filing late Tuesday.

DiFACTO Robotics and Automation, a Bengaluru-based robot automation solutions provider, said on Wednesday it has raised Rs 40 crore in a Series A funding from Stakeboat Capital.

The company will use the funding for business growth and to strengthen its market position. The startup plans to capitalise on India's automotive industry's needs for robotic automation, said Ajay Gopalswamy, chief executive officer of DiFACTO.

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