New Delhi, Aug 7 (IANS) The average organisational cost of a data breach in India reached a new high of Rs 220 million (Rs 20 crore) in 2025 — up 13 per cent (year-on-year), according to a report released on Thursday.The time to identify and contain a breach in India decreased to 263 days, a reduction of 15 days from 2024, as more organisations improved their speed to identify a breach, the report from US-based consulting company IBM said.In India, only 37 per cent of organisations reported hav…

New Delhi, Aug 7 (IANS) US President Donald Trump announced plans to impose a 100 per cent tariff on all imported semiconductors and chips in order to strengthen domestic production.“A 100 per cent tariff (will be imposed) on all chips and semiconductors coming into the US. But if you’ve made a commitment to build (in the US), or if you’re in the process of building (in the US), as many are, there is no tariff,” the President said during a meeting in the Oval Office with Apple CEO Tim Cook…

As of Thursday, August 7, 2025, gold prices continue their upward momentum in both Indian…

Mumbai, Aug 7 (IANS) Foreign institutional investors (FIIs) withdrew the highest amount of money from the IT sector in India during the month of July, worth $2.3 billion, said a report on Thursday.In July, FIIs were net sellers to the tune of $2.9 billion, while DIIs were net buyers to the tune of $7.1 billion in the Indian equity market, according to report from JM Financial Institutional Securities.FII outflows were highest in IT at $2.3 billion, followed by BSFI sector at $671 million. Realty…

New Delhi, Aug 7 (IANS) Dr M.S. Swaminathan introduced the idea of bio-happiness, and climate-resilient crop varieties that are necessary to fight the increasing global climate change and its effects on food and agriculture, said Prime Minister Narendra Modi on Thursday.August 7 is the birth anniversary of Dr. M.S. Swaminathan, the world-renowned agricultural scientist who was the pioneer of India’s ‘Green Revolution’ in the 1960s.Addressing the M.S. Swaminathan Centenary International Confere…

New Delhi, Aug 7 (IANS) The sixth round of India-US negotiations to reach an interim trade deal, currently slated for August 25, will be important as US President Donald Trump announced an additional 25 per cent tariffs on India, raising the total tariffs to 50 per cent effective from August 27, a Morgan Stanley report said on Thursday.The report stated that it will “closely monitor export growth and domestic demand data for spillover impact, along with any incremental policy response”.In FY…

Seoul, Aug 7 (IANS) South Korea will be treated as a most favoured nation (MFN) by the United States in terms of semiconductor exports under a bilateral tariff agreement, the trade minister said on Thursday, noting that Korean firms will not be subject to 100 per cent duties as announced by US President Donald Trump.”If the U.S. semiconductor tariff rate for MFNs is set at 15 percent, South Korea will also enjoy 15 percent tariffs regardless of the rate going up to 100 percent or 200 percent,” T…

New Delhi, Aug 7 (IANS) Prime Minister Narendra Modi on Thursday said that he is ready to bear the cost of protecting India’s agricultural trade and the country would never compromise on farmers and fishermen interests, as US President Donald Trump announced to impose 50 per cent tariffs on India.Addressing the MS Swaminathan Centenary International Conference here, PM Modi said that “for us, the interest of farmers remains our top priority”.“India will never compromise on the interests of f…

Mumbai, Aug 7 (IANS) Domestic benchmark indices fell marginally on Thursday, weighed down by weakness in automobile, metal, and oil stocks. The latest threat of 50 per cent US tariffs on select Indian goods impacted the market amid mixed global cues.Sensex declined 185 points, or 0.23 per cent to 80,358 while Nifty dipped 54 points or 0.22 per cent to 24,519.In the Nifty pack, Hero MotoCorp led the gainers’ list, rising 1.27 per cent. followed by Cipla, Trent, Bajaj Finserv and HDFC Bank. Kota…

Ahmedabad, Aug 7 (IANS) Adani Power on Thursday said it has received a Letter of Intent (LoI) to develop and operate 2,400 MW greenfield thermal power plant in Bihar at an investment of $3 billion.India’s largest private sector thermal power generator won the bid from Bihar State Power Generation Company Ltd. (BSPGCL) to supply 2,274 MW power to North Bihar Power Distribution Company Ltd. (NBPDCL) and South Bihar Power Distribution Company Ltd. (SBPDCL) from a 2,400 MW thermal power project — …