DATA
Food delivery can be cheaper if we have access to consumer data: NRAI’s Sagar Daryani
Daryani said that the marketing funnel can be much better if the customer data is known to the respective brands.
Gold prices steady as investors await key US data, tariff updates
Gold prices remained stable as investors watched for updates on trade talks. They also awaited key inflation data from the United States. This data could offer clues about the Federal Reserve's future policy decisions. Earlier, gold reached a high due to uncertainties. Market participants will analyze economic data to assess the impact of tariffs on the Fed's interest rate outlook.
Asian stocks rise with earnings, economic data in focus
Australian and Japanese shares climbed at the open and equity-index futures for Hong Kong pointed to a moderate gain. US stock futures edged lower after Super Micro Computer Inc. tumbled in late trading on a disappointing update. Treasuries extended this month’s advance, with 10-year yields falling for a seventh day. The dollar was little changed after strengthening on Tuesday. Gold rose and oil dropped.
Gold falls on easing trade war concerns; US data awaited
Gold prices experienced a decline on Tuesday as easing trade tensions between the U.S. and its trading partners diminished the metal's safe-haven appeal. Investors are closely monitoring upcoming U.S. economic data releases, including job openings, personal consumption expenditures, and non-farm payrolls, to assess the Federal Reserve's policy direction amidst global recession concerns.
S&P 500 ekes out slight gain with data, megacap earnings eyed
The S&P 500 ended a volatile trading day with minimal change. Megacaps like Nvidia and Amazon weighed on the index. Investors are awaiting key economic data and earnings reports from major companies. Trade war concerns and tariff impacts are also under scrutiny. The Dow Jones Industrial Average saw a slight increase. Boeing's stock boost helped the Dow.
Govt collating data of indirect exports of Indian goods to Pakistan from third countries: Sources
India is scrutinizing indirect exports to Pakistan via third countries. This action follows heightened tensions and trade route closures after a recent terror attack in Pahalgam. The government is gathering data from customs and export councils. Trade between India and Pakistan has significantly decreased since the Pulwama attack. Both nations have imposed trade restrictions, impacting exports and imports.
Brazil to offer tax breaks to lure data center investments
Brazilian Finance Minister Fernando Haddad's trip to California on Friday includes a May 6 breakfast with tech executives in Palo Alto, where he will pitch Brazil as a sustainable infrastructure hub, leveraging the country's abundant supply of renewable energy.
CtrlS Datacenters to invest Rs 500 crore for greenfield data centre in Bhopal
The AI-ready data centre will be equipped with modern infrastructure, featuring advanced cooling and robust security systems. When operating at full capacity, it is expected to contribute Rs 7.5 crore annually each to the State Goods and Services Tax (SGST) and Central Goods and Services Tax (CGST).
India’s industrial output growth quickens to 3% in March as against revised 2.7% in Feb
India’s industrial output showed a 3% year-on-year growth in March, according to government data, which is slightly lower than the 3.3% growth anticipated by economists. This growth is a rebound from February’s revised 2.7% increase, which had initially been reported as 2.9%.
CII calls for overhaul of National Judicial Data Grid
The Confederation of Indian Industry wants changes to the National Judicial Data Grid. This is to speed up how disputes are resolved. It hopes to improve contract enforcement in India. The CII suggests more specific dispute categories. They also want uniform data reporting across courts. This can help identify delays and improve the judicial process.
Zerodha’s Nithin Kamath warns apps are misusing user data without consent
Apps collect this data to improve their advertising strategy. By knowing what users do online, companies can build detailed profiles that help them show more relevant ads and increase the chances of users clicking on them. This kind of targeted advertising is more profitable than showing random ads to everyone.
TikTok owner weighs data center project in Brazil, sources say
The discussions come as Latin America's largest economy seeks to position itself as a global hub for the fast-growing data center industry, leveraging its ample renewable energy. The project would make Brazil a pillar of the Chinese company's operations in the Western Hemisphere. In February, ByteDance announced plans to invest $8.8 billion in data centers in Thailand over five years.
Formal job creation under ESIC down by 15.3% in February: Payroll Data
As per the provisional payroll data, released by the ministry of labour and employment on Friday, new enrollments under ESIC stood at 1.54 million in February compared to 1.82 million in January 2025, a month-on-month decline of 15.3%.
South Korea agency says DeepSeek transferred user info, prompts without consent
South Korea's data protection authority has found that Chinese AI startup DeepSeek improperly transferred user data and AI prompts without consent while its app was available in South Korea. The company sent user information to companies in China and the US, and AI prompt content to Beijing Volcano Engine Technology, prompting a corrective recommendation from the agency.
Govt seeks mode-wise services export data to improve accuracy
To enhance the precision of services export data, the Indian government, via the DGFT, is introducing a 'Mode of Export of Services' field in the e-BRC format, effective May 1, 2025. This aligns India's data capture with WTO GATS standards, covering cross-border supply, consumption abroad, commercial presence, and the presence of natural persons.
Lenders need OTP consent for KYC data access
The Central KYC Registry will mandate OTP-based consent for sharing customer data from May 9, 2025, adding a security layer to prevent misuse. While enhancing safety, this move could disrupt digital lending and onboarding processes due to infrastructure gaps, short implementation timelines, and reliance on registered mobile numbers for OTP delivery.
Dubai's du signs 2 billion dirhams hyperscale data center deal with Microsoft
During Dubai AI Week, Emirates Integrated Telecommunications Company (du) signed a 2 billion dirham deal with Microsoft to establish a hyperscale data center. Announced by Crown Prince Sheikh Hamdan, the partnership highlights Dubai’s push to become a global AI and digital hub, supporting advanced cloud and AI infrastructure development.
Amazon has halted some data centre leasing talks
Amazon has paused some data centre lease talks for its cloud division, especially overseas, signalling a short-term slowdown in large-scale facility leasing as economic uncertainty rises. This mirrors Microsoft’s recent pullback, with both firms reassessing aggressive expansion while rivals like Meta and Google remain active.
Shopify must face data privacy lawsuit in US
A US appeals court revived a data privacy class action against Shopify, allowing it to be sued in California for tracking user data via cookies. The ruling may expand jurisdiction over internet firms. Shopify argued against jurisdiction, but the court found its actions targeted Californians, supporting consumer protections.
Load More
