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ElevenLabs sees India voice AI demand surge, plans 10X FDE team expansion

New Delhi, Oct. 6 -- ElevenLabs plans to expand its forward-deployed engineering (FDE) team in India tenfold as the voice AI company scales. Alongside, it looks to establish an India office by the end... Read More


Weak monsoon looms over FMCG margins despite strong Q2 demand

New Delhi, Oct. 6 -- Strong demand is keeping FMCG industry growth on track in Q2 FY27, but raw material costs are creating sharply divergent margin outcomes. Analysts say the gap could widen in the s... Read More


Markets may remain cautious in near term, but long-term outlook positive: Anand Rathi's Pradeep Gupta

New Delhi, Oct. 6 -- Equity markets could remain volatile amid geopolitical tensions, but the long-term outlook for the economy and capital markets remains positive, according to Pradeep Gupta, Chairm... Read More


Nifty holds gains at open; Trent jumps 10%, RBI decision awaited

New Delhi, Oct. 6 -- Benchmark indices opened on a positive note on Tuesday, extending Monday's recovery rally, as easing crude oil prices and a record-setting Wall Street session provided support. Ho... Read More


DRDO tests indigenously developed stratospheric surveillance platform HAPS

New Delhi, Oct. 6 -- Defence Research and Development Organisation (DRDO) carried out the successful flight trial of indigenously developed High-Altitude Platform (HAPS) -- a lighter than air system w... Read More


Fault lines in GDP growth

New Delhi, Oct. 6 -- The Indian economy after the pandemic has so far maintained a sustained growth of over 7 per cent at constant prices, and has continued to be among the fastest-growing large econo... Read More


RBI's new services export reporting raises concerns among freelancers and small exporters

New Delhi, Oct. 6 -- The RBI's new foreign exchange reporting framework that went live October 1 will help policymakers track the growing pool of India's non-software services exports, but individual ... Read More


Adani Power, Bhutan's DGPC sign pact for 770 MW Chamkharchhu-I hydropower project

New Delhi, Oct. 6 -- Adani Power and Bhutan's state-owned generation utility, Druk Green Power Corporation Ltd (DGPC), have signed a Shareholders Agreement to develop the 770 MW Chamkharchhu-I Hydroel... Read More


RBI steps on the gas to drain out surplus liquidity; to conduct VRRR auction for Rs.3 lakh cr

New Delhi, Oct. 6 -- The Reserve Bank of India (RBI) is stepping on the gas to drain out surplus liquidity from the banking system. The central bank said it will conduct a one-day Variable Rate Revers... Read More


SEBI calls Jane Street's demand for more documents a delay tactic

New Delhi, Oct. 6 -- The Securities and Exchange Board of India (SEBI) called Jane Street's demand for more documents to respond to the allegations of manipulative derivatives trading a delay tactic, ... Read More