Business updates

Business updates

India to assume chair of global diamond watchdog Kimberley Process from Jan 1

The KP chair oversees the implementation of the Kimberley Process Certification Scheme and operations of the working groups, committees and administration.>

The tariffs that nearly stole Christmas

Mr Trump insists that foreigners will pay the tariffs, not Americans. Then he contradicts himself: “Maybe the children will have two dolls instead of 30.”>

Gig, delivery workers call for all-India strike on Christmas Day, New Year's Eve

The gig workers strike has been called for immediate withdrawal of the unsafe “10-minute delivery” business model that endanger their lives.>

Reliance Industries resumes Russian oil imports to feed Jamnagar refinery

Reliance Industries paused Russian oil imports after US sanctions on Rosneft PJSC and Lukoil PJSC took effect on 22 October.>

Wired Wisdom: Amazon X Zomato, Nuuk HOT BLOX & Best Tech of 2025

From the iPhone 17 Pro series to OnePlus 15R and Noise Master Buds Max, here's a look at the best of technology had 2025 had to offer.>

Nvidia reaches licensing deal with Groq amid AI chip rivalry with Google Tensor

Groq's founder Jonathan Ross, who will join Nvidia as part of the licencing deal, is one of the creators of Google Tensor—seen as an alternative to Nvidia GPUs.>

Nvidia is said to buy AI chip startup Groq for $20 bn in biggest acquisition yet

Groq's founder Jonathan Ross is one of the creators of Google Tensor—a custom AI chip seen as an alternative to Nvidia GPUs.>

Govt approves three new airlines in India after IndiGo flight crisis

Al Hind Air, FlyExpress and Shankh Air are the three new airlines in India that have received NOCs from the civil aviation ministry to start flight operations.>

Coal India rises 3% on in-principal approval for listing of two subsidiaries

Three Coal India subsidiaries are up for listing—Bharat Coking Coal in the next couple of weeks, and South Eastern Coalfields and Mahanadi Coalfields by FY27.>

India bonds rally most in 4 months on RBI's ‘shock-and-awe’ cash-injection plan

RBI plans to buy ₹2 lakh crore of government bonds in four tranches over December and January, as well as hold $10 billion forex swap next month.>

Credits : HTimes