These smaller data centres, designated to be less than 10 megawatt (MW) in capacity as against a hyperscaler facility’s 50MW-plus size, serve local data demand within districts. They provide high connectivity speeds, or low latency in technical parlance, by reducing the physical distance to the end user. They were planned to come up in tier…
Sectors including textiles, jewellery, apparel, seafood, machinery and mechanical appliances, chemicals, and auto components are expected to bear the brunt of the 50% tariffs on Indian goods entering the US. Direct lending by top banks such as State Bank of India, ICICI Bank and HDFC Bank to these industries is estimated to be about 10%…
“Social media chatter about long-form content, be it theatrical, streaming or linear television, can be misleading, because you can find yourself in an echo chamber that is not even remotely reflective of the real world,” Shailesh Kapoor, founder and chief executive officer (CEO), Ormax Media, wrote in a blog after publication of the list. Nitin…
These agencies act as representatives for influencers, pitching them to brands, negotiating deals, and ensuring the best possible rates for their clients. In return, they typically take a commission — often around 20% of the fee paid by the brand. While large-scale influencers with heavy brand interest tend to rely on such agencies for coordination…
There is a proposal to retain two major GST rates going ahead, eliminating the 12% and 28% slabs. Most of the products and services that currently attract a tax rate of 12% and 28% will be shifted to the 5% and 18% slabs, respectively. A few remaining items in the 28% bracket, currently the highest,…
Industry body All India Organisation of Chemists and Druggists (AIOCD) has called for regulatory scrutiny and tighter oversight. “Medicines are not groceries that should be delivered within 10 minutes. These are highly regulated and need utmost care while handling — something that can’t always be assured in a dark-store model,” said Rajiv Singhal, General Secretary,…
SBI home loan: India’s biggest lender, State Bank of India, has revised its interest rates for home loans and home-related loans effective 1 August 2025. This rate revision comes after the Reserve Bank of India (RBI) decided to keep its key benchmark interest rates (repo rates) unchanged at 5.55% in the August 2025 Monetary Policy…
SBI home loan: Government-owned institutional lender, State Bank of India, has increased its interest rates for home loans and home-related loans effective from 1 August 2025, reported the news portal The Economic Times. The rise in home loan rates will impact the EMI payments of the borrowers. According to the revised data, the interest rate…
While the private sector lender offered no official reason, the move is widely seen as a bid to extract more value per customer amid pressure on margins. A bank’s core business is straightforward: it collects deposits through current accounts, savings accounts and term deposits, and lends that money at higher interest rates. The gap between…
The company has an exclusive franchise partnership with the Malpani Group, the owners of the theme park Imagica, to expand to 15 stores over the next five to seven years. This expansion will focus on tier-1 cities before moving to tier-2 markets. Antonio Bautista, chief international development officer at Dave & Buster’s, said India was…