Business

[ad_1] Coal India Limited (CIL) is exploring the possibility of setting up data centres in its decommissioned mines, repurposing redundant assets to meet India’s rising demand for digital infrastructure while pushing sustainable development.The state-owned miner has initiated a detailed feasibility study with consultants, officials told PTI. The exercise will include site assessments, a comparative analysis…

[ad_1] US stocks edged higher on Monday as investors prepared for a week packed with critical economic data that could influence whether, and by how much, the Federal Reserve adjusts interest rates at its next policy meeting in a week.The S&P 500 rose 0.3%, hovering just below the record level it reached last week. The…

[ad_1] India’s unemployment rate, at 2 per cent according to World Economic Forum data, is the lowest among G20 nations, Union Labour and Employment minister Mansukh Mandaviya said on Monday.Speaking at the signing of MoUs between the Labour Ministry and digital mentorship platform Mentor Together and classifieds site Quikr, the minister said the figure reflected…

[ad_1] Elon Musk’s SpaceX has struck a deal worth about $17 billion with EchoStar to acquire spectrum licenses that will strengthen its Starlink satellite network.The agreement covers EchoStar’s AWS-4 and H-block spectrum licenses, with up to $8.5 billion to be paid in cash and an equal amount in SpaceX stock. SpaceX will also make about…

[ad_1] Amitabh Kant (FIle photo- PTI) IT services major HCL Technologies on Monday announced the appointment of Amitabh Kant as an independent director with effect from September 8, 2025.The company said in a statutory filing that the appointment, cleared by the Board and recommended by the Nomination and Remuneration Committee, is for a term of…

[ad_1] Mutual Fund investments (AI image) The direct plan of the Jio BlackRock Flexicap Fund that opens later this month has a total expense ratio of 0.5%. The fund house claims that its efficient execution processes would lower costs and potentially increase portfolio returns for investors. The logic seems simple: the lower the cost, the…

[ad_1] File photo: Union minister Piyush Goyal Union minister of commerce and industry Piyush Goyal on Monday said India is poised to become one of the world’s top three economies in the next two to two-and-a-half years, underlining the country’s rapid transformation in recent years.As per news agency ANI, Goyal was speaking at the Platinum…

[ad_1] Consumer goods companies have urged the government to allow them to sell products with existing packaging at a reduced price once new GST rates come into effect on September 22, aiming to avoid wastage of packaging material worth over Rs 2,000 crore.In letters sent via industry bodies to the finance ministry and department of…

[ad_1] File photo: US President Donald Trump and China’s President Xi Jinping (Picture credit: AP) China’s exports expanded in August but missed forecasts, weighed down by a sharp fall in shipments to the United States despite gains in Europe and Southeast Asia, official data showed Monday.According to news agency AFP, overall exports rose 4.4% year-on-year,…

[ad_1] Artificial Intelligence (AI) data centres could emerge as major consumers of global water resources in the next few years, according to a report by Morgan Stanley. The report, as cited by news agency ANI, projected that annual water use for cooling and electricity generation may rise to around 1,068 billion litres by 2028, an…