Saturday, April 27, 2024
NEW DELHI — As India approaches its $5 trillion economy goal, overall employment could rise by 22 per cent, while unemployment could decline by 97 basis points by 2028, a report showed on Tuesday. The ‘India Employment Outlook 2030’ report by O...
16 Apr 2024
NEW DELHI — Leading SUV manufacturer Mahindra & Mahindra on Tuesday unveiled the 9-seater ‘Bolero Neo+’ in two variants — the P4 and the P10, at a starting price of INR 11.39 lakh (ex-showroom). According to the company, the P...
16 Apr 2024
NEW DELHI — Online B2B marketplace ProcMart on Tuesday said it has raised $30 million (about INR 250 crore) in its Series B funding led by Nandan Nilekani and Sanjeev Aggarwal’s VC fund, Fundamentum Partnership, and the Edelweiss Discovery Fund. ...
16 Apr 2024
MUMBAI — The RBI on Monday eased rules to allow resident entities to hedge their exposures to the price risk of gold using the OTC derivatives in the International Financial Services Centre (IFSC) in addition to the derivatives on the exchanges in ...
15 Apr 2024
CHENNAI — Even though higher food prices resulted in the Wholesale Price Index (WPI) inflation rising to 0.53 per cent in March, a positive outlook for agricultural production and food inflation can be expected, said a top economist at CARE Ratings...
15 Apr 2024
NEW DELHI — India’s merchandise trade deficit narrowed to an 11-month low of $15.6 billion in March compared to $18.71 billion in February as there was a significant decline in imports during the month, figures released by the Commerce Minist...
15 Apr 2024
NEW DELHI — After Deputy Commissioner of Police (Crime Branch in Delhi) Satish Kumar claimed that the IndiGo flight, originating from Ayodhya and bound for Delhi, landed in Chandigarh after a diversion with only 1 or 2 minutes of fuel remaining, th...
15 Apr 2024
SAN FRANCISCO — Samsung clinched the top spot in the smartphone market from Apple in the first quarter (Q1) of 2024, preliminary data from global research firm IDC said on Monday. Global smartphone shipments increased 7.8 per cent (year-over-year) ...
15 Apr 2024
MUMBAI — BSE Sensex is trading down by more than 300 points as the markets face headwinds from global factors. Sensex is trading at 73,867 points, down by 377 points on Monday. Hindustan Unilever, Tata Motors, ICICI Bank, Tech Mahindra, SBI, and Wi...
15 Apr 2024
NEW DELHI — The risk on trade in global markets is witnessing a huge rally in equities as well as gold. There is an emerging view that the rally in gold is being fuelled by the surge in equities. “Record-high gold prices have accompanied record-h...
14 Apr 2024
SEOUL — The combined market capitalisation of Hyundai Motor and Kia is widely expected to surpass the 100 trillion-won ($72.2 billion) mark this year, according to industry watchers. Currently, the combined market capitalisation of the two companie...
14 Apr 2024
‘investigation found the Bournvita contains sugar levels, much above the acceptable limits‘ NEW DELHI — The Ministry of Commerce and Industry has issued an advisory to the e-commerce companies, directing them to remove all drinks and be...
13 Apr 2024
JAIPUR — The Gem Jewellery Export Promotion Council (GJEPC) is holding the third edition of the International Gem & Jewellery Show (IGJS) in Jaipur from April 12-14, which is being attended by 250 buyers from 27 countries. Buyers from countries...
13 Apr 2024
WASHINGTON — South Korea and the United States have agreed to hold bilateral talks on supply chain and commercial issues and a trilateral industry ministers’ meeting with Japan in the first half of the year, a senior Seoul official said. Indu...
13 Apr 2024
MUMBAI — India’s foreign exchange reserves went up by $2.98 billion during the week ended April 5 to scale a new all-time high of $648.562 billion, data released by the RBI showed on Friday. This is the seventh consecutive week marking a jump...
12 Apr 2024
MUMBAI — Gold futures on India’s Multi Commodity Exchange (MCX) rose to INR 72,423 per 10 grams on Friday for June 5 delivery, tracking the rally in the international market which saw the price of the precious metal soar to a new lifetime high at...
12 Apr 2024
NEW DELHI — India secured the third position globally in terms of funding raised for the fintech sector in the first quarter (Q1) of this year, a report showed on Friday. Total funding received by the fintech sector increased by 59 per cent in Q1 2...
12 Apr 2024
NEW DELHI — Mid-range smartphones in India have seen a surge in demand due to their unique ability to offer a balance of style, performance, and powerful camera setup at a fraction of the cost of top flagships. These smartphones provide consumers w...
12 Apr 2024
PANAJI — Goa-based private airline FLY91 announced on Thursday that it would operate four flights a week to Agatti in the Lakshadweep islands and three flights a week to Jalgaon in Maharashtra, the two new destinations that have come on to its dome...
11 Apr 2024
MUMBAI — Tata Passenger Electric Mobility Ltd (TPEM) said on Thursday that it has signed a non-binding Memorandum of Understanding with Shell India Markets Private Limited (SIMPL) to collaborate in setting up public charging stations across India. ...
11 Apr 2024
NEW DELHI — Automaker Hyundai Motor on Thursday launched the corporate edition of the ‘Grand i10 NIOS’ at an introductory price of INR 6,93,200 in India. The new vehicle comes available in seven colours — Atlas White, Typhoon Silv...
11 Apr 2024
KOLKATA — The Calcutta High Court has directed the execution of a foreign award against Hindustan Copper Ltd (HCL) in India that had arisen out of a two-tier arbitration in relation to an agreement between HCL and US-based Centrotrade Minerals and ...
11 Apr 2024
NEW DELHI — Leading carmaker Maruti Suzuki on Wednesday announced an increase in the prices of its popular Swift and Grand Vitara Sigma models by INR 25,000 and 19,000 respectively. The Swift was priced in the INR 5.99 lakh to 9.03 lakh range while...
10 Apr 2024
NEW DELHI — The Centre on Wednesday directed all states and UTs to enforce weekly stock disclosure of pulses by all stockholding entities and verify the stocks declared by them in order to prevent hoarding and market manipulation that leads to an i...
10 Apr 2024
BENGALURU —IT major Wipro on Wednesday appointed Malay Joshi as CEO of its Americas 1 Strategic Market Unit, with immediate effect. Joshi will also join the company’s executive board. He succeeds Srini Pallia, who has been appointed as CEO an...
10 Apr 2024
