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Hon Hai Precision Industry Co. posted a surprise earnings fall after weak Chinese iPhone sales eroded margins, though the Nvidia Corp. supplier forecast a doubling in AI-related revenue this quarter.The Taiwanese company’s net income plunged 13% to NT$46.3 billion ($1.4 billion), far short of analysts’ estimates for a 2.3% gain. Hon Hai, one of Nvidia’s…
MUMBAI: RBI has proposed a new route for banks and NBFCs to offload bad loans, allowing them to bundle and sell stressed assets directly to investors through special purpose entities set up by regulated financial firms. Until now, only asset reconstruction companies handled such assets. The move, announced with the April monetary policy, is intended…
Centre to continue dialogue with farmers despite clearance of road blockades NEW DELHI: Indicating that it will continue to engage with farmers, the Centre said its scheduled next round of talks on May 4 will be held despite detention of farm leaders and clearance of blockades at Shambhu and Khanauri borders.“It is learned that the…
Odisha sizzles under intense heat as Jharsuguda records 45.4 degrees Celsius. (ANI Photo) Odisha Summer Holiday 2025: In response to the intense heatwave gripping the state, the Odisha government has announced the closure of all schools and colleges across the state, effective from Wednesday, April 23, 2025. Chief Minister Mohan Charan Majhi issued the directive…
NEW DELHI: A bitter school rivalry culminated in tragedy in southeast Delhi’s Govindpuri area when a 17-year-old boy was fatally stabbed by three 16-year-old boys, police said. The accused teenagers alleged that the victim subjected them to repeated physical assault and issued ominous threats against them and their families.The long-simmering feud reached a threshold when…
MUMBAI: A thaw in tariff-related developments around the world on Tuesday lifted investor sentiment on Dalal Street, leading to a 1,578 point (2.1%) rally in the sensex, which closed at 76,735 points.This rise made it the first major market in the world to recoup all its losses post April 2. Nifty on the NSE also…
NEW DELHI: Renowned Hindi writer Vinod Kumar Shukla was named the recipient of India’s highest literary honour, the 59th Jnanpith Award, on Saturday.The 88-year-old writer, celebrated for his poetry, short stories, and essays, will be the first author from Chhattisgarh to receive this prestigious honour. After receiving the honour, Shukla will join the ranks of…
Chennai Super Kings (CSK) finally brought their Indian Premier League (IPL) 2025 campaign back on track with a solid five-wicket win over Lucknow Super Giants (LSG) in Match 30 at the Bharat Ratna Shri Atal Bihari Vajpayee Cricket Stadium.Chasing a tricky target of 167 on a sluggish surface, CSK combined early discipline with the ball,…
NEW DELHI: Rohit Sharma’s playful banter has once again stolen the spotlight ahead of Mumbai Indians’ big clash against Lucknow Super Giants in the Indian Premier League (IPL) 2025.Also See: KKR vs PBKS, IPL Live ScoreDuring a net session, a video posted by Mumbai Indians on X captured Rohit roasting LSG pacer Shardul Thakur, saying,…
KL Rahul’s hilarious Kevin Pietersen mimicry (Screengrabs) NEW DELHI: NEW DELHI: KL Rahul, fresh off becoming a father, has joined his new franchise, Delhi Capitals, after missing out on the season opener against Lucknow Super Giants. In a recently viral video, the star cricketer was seen sharing a lighthearted moment with the Delhi Capitals squad,…
