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Nord Stream 1 Resumes Gas Deliveries To Germany After Maintenance

Berlin, July 21 : Gas deliveries through the German-Russian pipeline Nord Stream 1 resumed on Thursday morning after 10 days of maintenance, the German news agency dpa reported. Gas is...

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Pakistan Allows State-owned Company To Import 0.3 Million Tons Of Wheat To Manage Strategic Reserves

Islamabad, July 21 : Pakistan’s Economic Coordination Committee (ECC) of the cabinet has allowed the state-owned Trading Corporation of Pakistan (TCP) to import 0.3 million tons of wheat to manage...

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Indonesian President To Visit East Asia For Economic Cooperation

Jakarta, July 21 : Indonesian President Joko Widodo is scheduled to visit China, Japan and South Korea on July 25-28 to discuss economic cooperation, including on trade and investment, Foreign...

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Amazon Ramps Up India Hiring For Cheaper Internet Service As Musk\'s Starlink Quits

New Delhi, July 21 : As Elon Musk-run SpaceX abandoned its affordable internet project Starlink in India, Amazon has ramped up its efforts to launch its fast and cheaper internet...

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58k Public General Insurance Staffers To Strike Work On July 27-28

Mumbai, July 21 : Over 58,000 employees in the public sector general insurance companies will go on a 2-day strike on July 27-28 to highlight their woes of wage revision...

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Skorea To Cut Corporate, Income Taxes Next Year

Seoul, July 21 : South Korea’s finance ministry said on Thursday that it will cut corporate and income taxes next year in a bid to boost corporate investment and lower...

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Many Australian Businesses Struggling To Find Workers

Sydney, July 21 : Almost 40 per cent of Australian small and medium business owners are facing labour shortages, according to one of the nation’s largest banks. New research by...

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Tesla Profits Dip In Q2 Due To China Lockdowns

San Francisco, July 21 : Amid supply chain disruptions and extended Covid-19 lockdowns in China, Elon Musk-owned electric vehicle company Tesla has reported $16.9 billion in revenue for the second...

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Netflix Adds 11 Lakh Paid Subscribers In Asia-pacific In Q2

New Delhi, July 20 : Streaming giant Netflix added 1.1 million (11 lakh) paid subscribes in the Asia-Pacific region in the second quarter (Q2) this year. The Average Revenue per...

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Bangladesh Sets 67 Bln Usd Export Target For 2022-23 Fiscal Year

Dhaka, July 20 : After skyrocketing growth in the immediate past 2021-22 fiscal year (July 2021-June 2022), the Bangladesh government has raised its export target by over 11 per cent...

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Bangladesh Sets 67 Bln Usd Export Target For 2022-23 Fiscal Year

Dhaka, July 20 : After skyrocketing growth in the immediate past 2021-22 fiscal year (July 2021-June 2022), the Bangladesh government has raised its export target by over 11 per cent...

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Britain\'s Inflation Hits Fresh 40-year High As Fuel, Food Prices Surge

London, July 20 : Amid rising prices for motor fuels and food, Britain’s Consumer Prices Index (CPI) rose by 9.4 per cent in the 12 months to June, hitting a...

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Cloud Adoption Can Add $380 Bn To India\'s Gdp, Create 14 Mn Jobs: Nasscom

New Delhi, July 20 : Large-scale adoption of Cloud has the potential to contribute $380 billion to the countrys gross domestic product (GDP), creating 14 million direct and indirect employment...

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Ukraine Seeks To Postpone Eurobond Repayments By 24 Months

Kiev, July 20 : The Ukrainian government will negotiate with its foreign creditors to postpone Ukraine’s Eurobond repayments by 24 months, the Interfax-Ukraine news agency reported on Wednesday, citing a...

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95% Of New Digital Workloads To Be Deployed On Cloud By 2025: Nadella

New Delhi, July 20 : Nearly 95 per cent of all new digital workloads will be deployed on the Cloud by 2025, Microsoft’s Executive Chairman CEO Satya Nadella has said....

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Aussie State Calls For Tag System To Safeguard Livestock From Foot-and-mouth Disease

Sydney, July 20 : Authorities in the Australian state of New South Wales (NSW) are calling for stricter and more extensive biosecurity measures to protect its livestock industry from the...

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\'low Metro Ridership Shows Lack Of Planning, Faulty Dpr\'

New Delhi, July 19 : Barring Delhi and Mumbai Line 1, most of the operational metros in cities including Bengaluru, Hyderabad, Lucknow, Chennai, Kolkata and Kochi have lower ridership than...

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Google Allows App Developers In Eu To Use Rival Payment Systems, Cuts Fees

New Delhi, July 19 : Google on Tuesday said it will reduce the Play Store service fee for non-gaming app developers in the European Union by 3 per cent –...

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Chinese App Tiktok Begins Laying Off People Amid Restructuring

New Delhi, July 19 : Chinese short-video making app TikTok has started sacking employees worldwide as part of “a much larger re-organisation effort”. Owned by ByteDance and banned in India...

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Skorea, Us Agree To Supply Fx Liquidity, If Needed

Seoul, July 19 : South Korea and the United States agreed on Tuesday to implement liquidity facilities, if needed, as part of efforts to cooperate in stabilising the foreign exchange...

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Austria\'s Inflation Hits 47-year High In June

Vienna, July 19 : Austria’s inflation rate has continued to soar, reaching 8.7 per cent in June, the highest level since September 1975, Statistics Austria said on Tuesday. The June...

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Odisha Cabinet Approves New It Policy

Bhubaneswar, July 19 : Aiming to attract investment in the IT sector in the state, the cabinet of Odisha government on Tuesday approved new IT policy. The state cabinet headed...

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Musk Plans To Countersue Twitter To Scrap $44 Bn Deal: Report

San Francisco, July 19 : Tech billionaire Elon Musk has reportedly planned to file a counter-lawsuit against micro-blogging site Twitter to scrap a $44 billion acquisition deal. Musk’s lawyers are...

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Malaysia Keen To Export More Palm Oil Among Agricultural Products To China: Minister

Kuala Lumpur, July 19 : Malaysia is ready to export more agricultural products including palm oil and tropical fruits to China, Plantation Industries and Commodities Minister Zuraida Kamaruddin said. Local...

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Australia\'s First Gas-to-grid Project Kicks Off In Sydney

Sydney, July 19 : Australia has started its first trial of generating gigajoules of biomethane from wastewater, which will see renewable biomethane support the energy demands of up to 13,000...

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Global Smartphone Shipments Fall 9% In Q2 Amid Economic Downturn

New Delhi, July 19 : Global smartphone shipments fell 9 per cent (year on year) in the second quarter (Q2) this year as Samsung led with a 21 per cent...

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Malaysian Airline To Resume Flights To More Australian Capital Cities

Sydney, July 19 : Malaysian airline AirAsia has announced that it would recommence flights to several Australian capital cities and New Zealand later this year for the first time since...

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Apple To Slow Down Hiring For 2023: Report

San Francisco, July 19 : After Microsoft, Meta and Google, Apple has reportedly become the next Big Tech company to slow down hiring for 2023 owing to tough global macroeconomic...

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Pak Rupee Plunges To All-time Low After Bypoll Results

Karachi, July 18 : The Pakistani rupee on Monday plunged to an all-time low of 215 against the US dollar in the interbank trade, according to the Exchange Companies Association...

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Ev Solid-state Battery Deployment To Get Delayed By 2030: Report

New Delhi, July 18 : The deployment of solid-state batteries in electric vehicles (EVs) is set to be delayed to 2030 owing to key technical challenges, according to a report....

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​motilal Oswal Mutual Fund Launches 2 Passive Funds

Motilal Oswal Asset Management Company (MOAMC) has announced the launch of 2 passive funds i.e, Motilal Oswal S&P BSE Financials ex Bank 30 Index Fund and Motilal Oswal S&P BSE...

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Nepal Extends Ban On Import Of 10 Types Of Goods To Save Forex

Kathmandu, July 17 : The Nepali government is extending a complete ban on the import of 10 types of products till the end of August, as the country still struggles...

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Us Senators Want Crypto Miners To Share Emission, Energy Use Data

San Francisco, July 17 : US Senator Elizabeth Warren (D-Massachusetts) and other Democrat leaders have asked the Environmental Protection Agency and Department of Energy in the US to crack down...

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Skorea To Push To Exempt Taxes On Foreigners\' Investment In Gov\'t Bonds

Seoul, July 17 : South Korea will push to exempt taxes on interest income and capital gains from foreigners’ investment in government bonds and monetary stabilisation bonds in a bid...

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Tesla Getting Closer To Integrating Steam For In-car Gaming

San Francisco, July 17 : Tesla CEO Elon Musk has said that the electric vehicle company is getting closer to integrating Valve’s Steam to take its in-car gaming platform to...

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Gst For Packaged Food: Rice Will Become Costlier In Tn

Chennai, July 17 : The decision of the government of India to levy 5 per cent Goods and Service Tax (GST) on packaged food may increase the price of rice...

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Jk Tyre Expands Retail Network In Andhra Pradesh

Indian tyre industry major & the market leader in Truck Bus Radial segment, JK Tyre & Industries Ltd., today inaugurated new JK Tyre Truck Wheel Centre in Nellore, Andhra Pradesh.The...

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Tesla To Protect Life, Spacex To Extend It Beyond Earth: Musk

San Francisco, July 16 : Tesla and SpaceX CEO Elon Musk has said that the electric vehicle company is to protect life on Earth and his space company to extend...

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China\'s Supply Chain \'irreplaceable\' Despite India, Vietnam Appearing On Map

Beijing, July 16 : As India plans to become a global manufacturing hub, a contract manufacturer of major Chinese smartphones here has said that while it becomes an “inevitable trend”...

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Saudi Arabia, Iraq Sign Electric Power Grids Deal

Riyadh, July 16 : Saudi Arabia and Iraq have signed an electric power grids deal to boost economic cooperation. The deal was signed between Saudi Energy Minister Prince Abdulaziz bin...

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Sony Completes $3.6 Bn Acquisition Of Game Maker Bungie

New Delhi, July 16 : Japanese giant Sony has closed the $3.6 billion acquisition of Bungie, the developer of Destiny and the original creator of the hugely popular Halo franchise....

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Ghana Commits To Fiscal Discipline To Mitigate Economic Headwinds

Accra, July 16 : The Ghanaian government is committed to fiscal measures to help mitigate the impact of global economic headwinds on the local economy, the Ministry of Finance said...

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Tiktok\'s Global Security Chief To Step Down Amid Data Controversy

San Francisco, July 16 : Short video platform TikTok’s global chief security officer (CSO) Roland Cloutier will step down from that position and shift into a strategic advisory role. Cloutier’s...

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Twitter Urges Shareholders To Approve Sale To Musk In Revised Proxy Filing

San Francisco, July 16 : Microblogging site Twitter’s board of directors unanimously recommended that its shareholders vote to approve tech billionaire Elon Musk’s $44 billion acquisition of the company. Twitter...

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Up Tourism To Revamp Its Budget Hotels \'rahi\'

Lucknow, July 15 : Uttar Pradesh Tourism budget hotels “Rahi” that have been lying in neglect for years and running into major losses, will now be renovated on the PPP...

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Coinswitch, Startup Karnataka Launch Blockchain Hackathon \'building Future Cities\'

New Delhi, July 15 : Crypto investing platform CoinSwitch on Friday announced a Blockchain hackathon in association with Startup Karnataka, a state government initiative, along with BJP MP Tejasvi Surya....

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Mac Cosmetics Unveils An All-new Pocket-friendly 13 Ml Prep+prime Fix+ With Brand Ambassador, Bhumi Pednekar

M·A·C Cosmetics India, one of the world’s most iconic make-up brands, is all set to unveil an all-new 13ML bottle of one of its bestsellers Prep + Prime Fix+ at...

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Saudi Arabia Opens Air Space For All Air Carriers

Riyadh, July 15 : Saudi Arabia on Friday announced a decision to open its air space for all air carriers. The country’s General Authority of Civil Aviation tweeted that the...

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Skorea\'s Automotive Export Hits 8-year High In First Six Months

Seoul, July 15 : South Korea’s automotive export hit the highest in eight years in the first half of 2022 owing to strong demand for eco-friendly vehicles. Automotive shipment rose...

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China\'s Economic Growth Plunges To Mere 0.4% In Q2, Lowest In 2 Yrs (ld)

Beijing, July 15 : China, which is the world’s second-largest economy, saw its growth plummeting to a mere 0.4 per cent in the second quarter (Q2) compared to the same...

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It Spending In India To Reach $112 Bn In 2022 Amid Global Uncertainties

Mumbai, July 15 : The IT spending in India is likely to reach $114.9 billion in 2022, growing 7.7 per cent from last year, a Gartner reports said on Friday....

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Us Weekly Jobless Claims Rise To Eight-month High Amid Economic Slowdown

Washington, July 15 : Initial jobless claims in the United States last week rose to 244,000, the highest level in eight months and the latest sign that the labour market...

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Xiaomi India Elevates Coo Muralikrishnan As President

Bengaluru, July 15 : Global tech company Xiaomi India on Friday announced to elevate Muralikrishnan B as President of its India operations, effective from August 1. Muralikrishnan will be responsible...

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Realme To Democratize Power Of 5g Across Products, Beyond Smartphones

New Delhi, July 15 : 5G, one of the most anticipated technology marvels in recent times, is almost at the threshold of deployment in India.The government of India has recently...

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Blochchain Platform 5ire Raises $100 Mn, Becomes 105th Unicorn In India

New Delhi, July 15 : Blockchain startup 5ire on Friday said it has raised $100 million in Series A funding from UK-based conglomerate SRAM & MRAM, taking its valuation to...

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Amazon Agrees To Address Anti-trust Concerns To Avoid Eu Fines

London, July 14 : Amazon has agreed to address competition concerns over its use of non-public marketplace seller data in Europe along with a possible bias in granting sellers access...

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Twitter Suffers Outage As Users Get Error Messages Across Web, App

New Delhi, July 14 : Micro-blogging platform Twitter suffered a mega outage on Thursday evening as several users across the world had error messages like “this page is down”. While...

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Over 14 Bn Esim Devices To Be Shipped By 2030, Smartphones To Lead

New Delhi, July 14 : More than 14 billion eSIM devices are likely to be shipped between 2021 and 2030, covering all form factors, a new report has shown. Smartphones...

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Petrol Price To Go Down Today, Says Pak Fm

Islamabad, July 14 : Pakistan Finance Minister Muftah Ismail has said that petrol prices will be slashed today (on Thursday), local media reported. Talking to media here, Finance Minister Ismail...

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Staff-level Agreement Between Pakistan, Imf Reached

By Hamza AmeerIslamabad, July 14 : Pakistan has finally reached a staff level agreement with the International Monetary Fund (IMF) as it announced agreement on the completion of two outstanding...

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Nintendo Acquires Cg Production Firm Dynamo Pictures

Tokyo, July 14 : Japanese gaming giant on Thursday announced it has acquired CG production company Dynamo Pictures for an undisclosed sum. The company will rename Dynamo as “Nintendo Pictures,”...

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Australian Unemployment Falls But Working Hours Reduced Due To Covid, Influenza

Canberra, July 14 : Australia’s unemployment rate has fallen to its lowest level in almost 50 years. According to labour force data published by the Australian Bureau of Statistics (ABS)...

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Intel Set To Hike Chip Prices Amid Supply Chain Crisis: Report

New Delhi, July 14 : Chip-maker Intel is rising prices of a broad range of microprocessors owing to a supply-chain crisis in the tough global macro-economic environment, the media reported...

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Netflix Partners Microsoft For New Ad-supported Subscription Plan

New Delhi, July 14 : Hit by a dwindling user base, streaming giant Netflix has partnered Satya Nadella-run Microsoft for its new ad-supported subscription plan for its over 221 million...

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Singapore Further Tightens Monetary Policy

Singapore, July 14 : The Monetary Authority of Singapore (MAS) on Thursday further tightened its policy stand by raising the mid-point of the Singapore dollar Nominal Effective Exchange Rate (S$NEER)...

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A World Made Smaller With New Connections Announcing The Launch Of Open Doors From Truecaller

Truecaller, the world’s leading global communications platform, today launched a brand new app for safe, secure and private audio conversations: Open Doors.The app is a labour of love, built over...

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Time To Review Windfall Tax On Oil

Chennai, July 13 : The fall in the crude oil prices as well as the refining margin for diesel, petrol and aviation turbine fuel, raises the question whether the Indian...

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Lightspeed Raises $7 Bn, Keeps $500 Mn For India & South East Asian Startups

New Delhi, July 12 : Lightspeed Venture Partners on Tuesday announced a global fund raise of more than $7 billion that includes a $500 million early-stage fund for the startups...

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Piramal Capital And Housing Finance Ltd Organizes ‘griha Utsav’ In Warangal; Offers Affordable Home Loans

Piramal Capital and Housing Finance Ltd (PCHFL), the wholly owned subsidiary of Piramal Enterprises Limited, will be organizing ‘Griha Utsav’, a first-of-its-kind property exhibition in Warangal, Telangana.Through this initiative, the...

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Rain Relief Work Yet To Gain Pace After Gujarat Bjp Chief\'s Appeal

Gandhinagar, July 12 : After a heavy downpour in many parts of the state, several villages and towns have been submerged in flood water with people being badly affected.But BJP...

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Global Pc Shipments See Sharpest Decline In 9 Years In Q2

New Delhi, July 12 : Global PC shipments faced sharpest decline in nine years in the second quarter (April-June period), brought on by geopolitical, economic and supply chain challenges impacting...

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Hyundai Motor To Build Dedicated Ev Plant In S.korea

Seoul, July 12 : The union of Hyundai Motor said on Tuesday it has tentatively agreed with the company to build a dedicated electric vehicle (EV) plant in South Korea...

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Most Indian Businesses Now Investing In Risk Management Capabilities: Report

New Delhi, July 12 : In the current turbulent business environment, nearly eight in 10 business executives in India say that keeping up with the speed of digital and other...

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Adobe Hires Salesforce\'s Venu Juvvala To Lead India Digital Experience Biz

New Delhi, July 11 : Sotfware major Adobe on Monday announced the appointment of Venu Juvvala as Head of Digital Experience Business for the Indian market. Juvvala, who joins Adobe...

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Ford Recalls Over 1 Lakh Cars Over Under-hood Fire Risk

San Francisco, July 11 : Automaker Ford is reportedly recalling more than 1 lakh vehicles, including Maverick, Escape and Corsair models, that faces fire risk and will start notifying owners...

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Yogi Inaugurates Lulu Mall In Lucknow

Lucknow, July 10 : Uttar Pradesh Chief Minister Yogi Adityanath, on Sunday, inaugurated the Lulu Mall — the Abu Dhabi-based Lulu Group’s fifth mall in the country — in Lucknow....

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Google Offered To Split Its Ad-tech Biz To Avoid Anti-trust Lawsuit: Report

San Francisco, July 9 : Google reportedly offered the US government to split its ad-tech business, which allows companies to place ads on Internet and and apps, into a separate...

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Car Parking At Chennai International Airport To Have Ev Charging Stations, Multiplexes

Chennai, July 9 : The multi-level car parking that will soon be operational at the Chennai International Airport will have five charging stations for electric vehicles (EV) apart from multiplex,...

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Twitter Claims It Suspends 1 Mn Spam Users A Day

San Francisco, July 8 : As Elon Musk threatened to scrap the $44 billion Twitter acquisition deal over spam and fake accounts, the microblogging platform has revealed that it is...

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Greece\'s Inflation Hits 30-year Record High In June

Athens, July 8 : Greece’s annual inflation rate reached 12.1 per cent in June, hitting a 30-year record high in the country, the Hellenic Statistical Authority (ELSTAT) said on Friday....

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Another Senior Ola Executive Quits Amid Several Resignations

New Delhi, July 8 : Shikharr Sood, the head of Ola’s Talent Acquisition, and in charge of talent acquisition for the entire Ola Group, is now reportedly the latest executive...

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China\'s Wechat Shuts Bloomberg\'s Financial News Account

New Delhi, July 8 : As China controls the internet companies under toughened laws, social media platform WeChat has shut down a Bloomberg social media account, accusing it of violating...

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Tokyo Stocks Close Slightly Higher, Gains Capped By Abe Shooting

Tokyo, July 8 : Tokyo stocks closed fractionally higher on Friday after early gains made on eased concerns over the US Federal Reserve’s aggressive rate hikes were largely erased by...

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Lg Electronics Expects Q2 Earnings To Decrease 12% On Weaker Demand

Seoul, July 7 : LG Electronics on Thursday estimated its second-quarter operating profit decreased 12 per cent year-over-year on weaker demand for TV and home appliances amid rising inflation and...

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Samsung Estimates $11 Bn In Q2 Profit Riding On Chip Biz

Seoul, July 7 : Samsung Electronics said on Thursday it is likely to report its best second-quarter earnings in four years on the back of solid chip demand. In its...

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Chinese Directors Of Firm Associated With Vivo Flee As Ed Continues Raids (ld)

New Delhi, July 7 : As the Enforcement Directorate (ED) continued searches at the premises of Chinese companies, including smartphone maker Vivo, at 44 locations in 22 states on Wednesday,...

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Ibm Acquires Databand.ai To Boost Data Observability Biz

New Delhi, July 6 : Tech company IBM on Wednesday announced it has acquired Databand.ai, an Israel-based data observability software provider that helps organisations fix issues with their data, for...

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Aiwa Unveils New Range Of Smart Tvs In India

New Delhi, July 6 : In a bid to woo Indian consumers, Japanese consumer electronics brand Aiwa on Wednesday launched a new range of TV series — Magnifiq — that...

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Hisense Unveils 120-inch Laser Tv In India For Rs 5 Lakh

New Delhi, July 6 : With an aim to transform the home entertainment experience, global technology brand Hisense on Wednesday launched a new 120-inch 4K smart laser TV, 120L9G, in...

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Seoul Stocks Dip To 20-month Low On Recession Fears; Korean Won At 13-yr Low

Seoul, July 6 : South Korean stocks dipped to a 20-month low Wednesday, as bleak data from Europe and a sharp fall in oil prices underscore worries over a global...

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India Says Big Tech Must Obey Law Of The Land As Twitter Goes To Court

New Delhi, July 5 : The Indian government on Tuesday said that all Internet intermediaries and social media platforms have to comply with the law of the land, after Twitter...

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1 In 2 Indians Facing Extortion, Data Misuse Via Instant Loan Apps

New Delhi, July 5 : More than one in two Indian consumers who use instant loan apps are facing very high interest charges, extortion and data misuse, as the Reserve...

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Musk Hopes Tesla Won\'t Need To Enter Mining Business: Report

San Francisco, July 5 : While the idea of Tesla entering the mining business is quite exciting, CEO Elon Musk said he hopes the company would prefer it if it...

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In A First, States Ranked For Food & Nutrition

New Delhi, July 5 : In the first ever ‘State Ranking Index’ under the National Food Security Act (NFSA) released on Tuesday, Odisha has topped the list of general category...

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Samsung Likely To Log $11 Bn In Profit On Robust Chip Biz In Q2

Seoul, July 5 : Samsung Electronics is expected to report more than 15 percent rise in operating profit for the second quarter, helped by strong semiconductor business despite slowing demand...

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Jammer To Block, Booster To Enhance Mobile Signal Illegal: Centre (lead)

New Delhi, July 4 : The Centre on Monday said the use of cellular signal jammer, GPS blocker or other signal jamming device is illegal, except specifically permitted by the...

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5g Fwa Subscriptions To Exceed 460 Mn Subscriptions By 2030

New Delhi, July 4 : As the buzz around 5G gains momentum, 5G-enabled Fixed Wireless Access (FWA) broadband subscriptions to cross 462 million by 2030, from roughly 75 million in...

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Sequoia Capital Aims To Raise $2.25 Bn Amid Funding Winter

San Francisco/New Delhi, July 2 : US-based investment firm Sequoia Capital is reportedly raising new funds worth $2.25 billion from potential VCs in the funding winter. The firm is working...

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S.korean Police Drop Tesla\'s \'defective\' Door Handle Case

San Francisco, July 1 : A case of “defective” door handle of Elon Musk-owned electric vehicle company Tesla has been dropped by the South Korean police, media reports say. Back...

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Hyundai\'s Sales Fall 4.5% Globally Amid Chip Shortage

Seoul, July 1 : Hyundai Motor, South Korea’s biggest carmaker, said on Friday that its sales fell 4.5 per cent in June from a year earlier, as a global chip...

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Google To Pay $90 Mn To Developers To Settle Play Store Lawsuit

San Francisco, July 1 : Google has reached a settlement over a lawsuit with a group of developers, where it will establish a $90 million fund to support developers in...

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Coinbase Sold Software To Us Authorities To Track Crypto Transactions

San Francisco, July 1 : Cryptocurrency exchange Coinbase has provided sophisticated tools to the US Immigration and Customs Enforcement (ICE) agency to help it track transactions across Bitcoin, Ether and...

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Saudi Arabia Launches Aircraft Leasing Company

Riyadh, July 1 : Saudi Arabia announced the founding of an aircraft leasing company named AviLease, as a way to diversify the kingdom’s oil-reliant economy. Sponsored by the Public Investment...

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Greece\'s Gdp Growth Forecast Revised Down To 3.2%

Athens, July 1 : The central Bank of Greece (BoG) has announced a downwards revision of its forecast for this year’s GDP growth, from 3.8 per cent announced in April...

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Lab, Training Centre To Be Set Up To Boost Ne Spice Industry

Guwahati, June 30 : Assam Chief Minister Himanta Biswa Sarma on Thursday said the state government and the Spices Board would establish a Quality Evaluation Laboratory and Training Centre for...

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Cryptocurrencies Are Clear Danger To Financial Systems: Rbi Governor

New Delhi, June 30 : Reserve Bank of India (RBI) Governor Shaktikanta Das said on Thursday that cryptocurrencies are a clear danger to the financial systems, adding that we must...

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Top Nft Marketplace Opensea Admits Email Data Breach

New Delhi, June 30 : Leading non-fungible token (NFT) marketplace OpenSea has admitted a major email security breah, warning users that they may have been impacted. In a blog post,...

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Hyundai To Create New Us Affiliate After $10.5 Bn Investment Pledge

Seoul, June 30 : Hyundai Motor Group said on Thursday it is setting up a new investment affiliate in the US, in a follow-up to its pledge to invest $10.5...

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Lenskart Takes Majority Stake In Japanese Eyewear Firm Owndays For $400 Mn

New Delhi, June 30 : Omnichannel eyewear unicorn Lenskart on Thursday announced it has taken a majority stake in Japanese eyewear brand Owndays in a deal that is reportedly around...

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Uzbekistan Eyes Additional $9 Bn In Revenue From Textile Industry

Tashkent, June 30 : Uzbek President Shavkat Mirziyoyev has directed the government to generate an additional $9 billion in revenue per year by processing yarn into finished products and attracting...

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Cambodian Minister Tells Exporters To Reap Benefits Of Rcep

Phnom Penh, June 29 : Cambodian Commerce Minister Pan Sorasak on Wednesday told local exporters to reap the benefits of the Regional Comprehensive Economic Partnership (RCEP) free trade pact, which...

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Cambodian Minister Tells Exporters To Reap Benefits Of Rcep

Phnom Penh, June 29 : Cambodian Commerce Minister Pan Sorasak on Wednesday told local exporters to reap the benefits of the Regional Comprehensive Economic Partnership (RCEP) free trade pact, which...

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Andhra Pradesh Is On The Road To Recovery, With More Than 1 Lakh Job Openings Recorded In The State This Quarter

Stimulating the growing Indian economy, Andhra Pradesh has established itself as an important commercial hub for various companies in the last few months, reveals apna.co – India’s India’s largest professional...

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Lg To Invest $1.5 Bn In Clean Technology Over 5 Years

Seoul, June 29 : LG Corp, South Korea’s fourth-largest conglomerate, said on Wednesday it plans to invest more than 2 trillion won ($1.5 billion) over the next five years in...

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Hyundai Shares Nosedive On German Raid Over Defeat Car Devices

Seoul, June 29 : Shares in Hyundai Motor and its affiliate Kia plunged on Wednesday, as German authorities raided the carmakers’ local offices over suspicions they had installed defeat devices...

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Gi Tag To J&k Saffron And Promotion Of Kashmiri Products

Srinagar, June 29 : The J&K government has launched new initiatives to promote the marketing and export of specific products from the union territory.Geographical Indication (GI) tagging is also one...

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S.korea\'s Inflation Expectations Hit 10-year High In June

Seoul, June 29 : South Korea’s inflation expectations hit the highest in over 10 years this month, fueling worry about faster-than-expected interest rate hikes, central bank data showed Wednesday. Inflation...

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Fintech Platform Razorpay Rejigs Senior Leadership Team

Bengaluru, June 29 : Fintech platform Razorpay on Wednesday appointed Murali Brahmadesam as head of engineering and chief technology officer.Ex-CTO and co-founder Shashank Kumar will now take on the new...

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Vc Firm Bertelsmann To Invest $500 Mn In Indian Startups

New Delhi, June 28 : Bertelsmann India Investments (BII) on Tuesday announced to invest around $500 million to new startups in the country along with follow-up investments and plans to...

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Crypto Exchange Ftx Denies It Is Acquiring Robinhood

San Francisco, June 28 : Global crypto exchange FTX has clarified that it is not in active talks to acquire Silicon Valley-based online trading app Robinhood, the media reported on...

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Homegrown B2b Marketplace Solv Raises $40 Mn To Empower Msmes

Bengaluru, June 27 : B2B digital marketplace for small businesses Solv on Monday said it has raised $40 million in its latest round of funding led by Japans SBI Holdings...

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100 More Employees Quit Trell, Platform Says Paid All Creators (lead)

New Delhi, June 27 : Lifestyle social commerce platform Trell has seen another wave of employee exodus as it struggles to pay creators in the country.The company, however, on Monday...

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Concerns Grow That India Being Used As Potential \'back Door\' Into Europe For Russian Oil

London, June 26 : Concerns are growing that India is being used as a potential back door into Europe for Russian oil supplies, given the surge in imports, media reports...

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Morena\'s Sugar Mill Languishes, As Plans To Produce Ethanol Come Unstuck

By Sundeep PouranikMorena/Bhopal, June 26 : Due to the emerging need of ethanol as an alternate hi-performance, cleaner fuel, and the prospect of getting better prices for sugarcane for this...

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Crypto Exchange Ftx Acquiring Stake In Blockfi: Report

San Francisco, June 26 : Leading crypto change is reportedly acquiring a stake in the beleaguered crypto lending firm BlockFi, as the crypto industry faces meltdown. According to Wall Street...

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Underwear Maker Submits Bid To Buy Ailing Ssangyong Motor

Seoul/New Delhi, June 24 : South Korean underwear company Ssangbangwool said on Friday that it has submitted a bid for SsangYong Motor in the auction to find a new investor...

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Explained: How Bharatagri Leverages Big Data And Analytics To Improve Farmer Lives

New Delhi, June 24 : As the Indian farmers embrace technologies like big data and analytics in improving crop yield, BharatAgri app is offering personalised crop advisory to the farmers...

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Intel Delays $20 Bn Semiconductor Factory Over Us Chips Act

San Francisco, June 24 : Intel has reportedly delayed plans to build its $20 billion semiconductor factory in the US over CHIPS Act, a $52 billion funding package for domestic...

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Tata Nexon Ev Catches Fire, Company Probing Thermal Incident (ld)

Mumbai/New Delhi, June 23 : In a first such case involving an electric car in India, a Tata Nexon EV caught fire in Mumbai and the company said on Thursday...

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Ransomware, Ip & Data Theft Top Concerns For Indian Pharma Firms

Mumbai, June 23 : Ransomware attacks and IP and data theft are the top cybersecurity concerns for pharma companies in India as they take the digital leap, a new report...

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Assam Flood Toll Rises To 100, Over 50 Lakh Affected

Guwahati, June 22 : The flood situation in Assam remained unchanged on Wednesday, while another 12 more persons, including four children, died, taking the death toll to 100. As many...

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Indian Drone Start-up Garuda Aerospace To Set Up Plant In Malaysia

Chennai, June 22 : India’s integrated drone manufacture and drone-as-a-service (DAAS) provider Garuda Aerospace Pvt.Ltd.will set up a production facility in Malaysia at an outlay of Rs 115 crore, said...

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Thomson Launches Affordable Alpha Series Smart Tv In India

New Delhi, June 22 : In a bid to attract Indian consumers, French consumer electronics brand Thomson on Wednesday launched a new 32-inch smart TV under its Alpha series.Priced at...

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Global Vc Firm Accel Announces $4 Bn Late-stage Fund

New Delhi, June 22 : Global VC firm Accel has announced a new $4 billion later-stage fund to provide expansion capital to promising companies within its own portfolio worldwide, as...

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Bundelkhand Expressway To Be Ready Next Month

Lucknow, June 22 : The Bundelkhand Expressway in Uttar Pradesh is nearing its completion and is likely to be inaugurated by Prime Minister Narendra Modi in mid-July. Additional Chief Secretary...

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Neobanking Platform Stashfin Raises $270 Mn To Expand Global Footprint

New Delhi, June 21 : Singapore-based neobanking platform Stashfin, which only serves the India market, on Tuesday raised $270 million in its Series C equity and debt led by global...

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Few \'unresolved Matters\' Still Remain With Twitter: Elon Musk

New Delhi, June 21 : Tesla and SpaceX CEO Elon Musk on Tuesday said that there are still a few “unresolved matters” with Twitter before he moves ahead with his...

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Few \'unresolved Matters\' Still Remain With Twitter: Elon Musk

New Delhi, June 21 : Tesla and SpaceX CEO Elon Musk on Tuesday said that there are still a few “unresolved matters” with Twitter before he moves ahead with his...

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Musk Says Tesla Will Cut Salaried Workforce By 10% Over 3 Months

New Delhi, June 21 : Elon Musk on Tuesday said that Tesla will reduce its salaried workforce by 10 per cent over the next three months. Addressing the Qatar Economic...

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India\'s New Unicorn Leadsquared Raises $153mn From Westbridge Capital

Bengaluru, June 21 : Sales automation software-as-a-service (SaaS) platform LeadSquared on Tuesday announced it has raised $153 million in a Series C funding round from WestBridge Capital to become a...

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Cage Farming: Goa Forward Party Wants Only Locals Engaged

Panaji, June 20 : The Goa Forward Party (GFP) has demanded change in the eligibility criteria, presently giving scope to fishermen from other states to carry out open sea cage...

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Gujarat Fishermen In Trouble Due To Polluted Rivers And Problematic Regulations

New Delhi, June 20 : Even as Gujarat ranks third amongst Indian states for fish production across marine and inland fishing, its fishermen get a raw deal because of polluted...

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Gaming-led Global Metaverse Market To Reach $28 Bn By 2028

New Delhi, June 20 : Fueled by gaming, the global metaverse market is projected to reach $28 billion by 2028, from $510 million this year, at a compound annual growth...

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Bytedance Shuts Game Development Studio, Lays Off Over 100

Hong Kong, June 18 : China-based ByteDance has shut down a game development studio, laying off more than 100 employees, media reports said. ByteDance, TikTok’s parent company, shut down the...

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States Must Recognise Strength & Define Targets For India To Become $5 Trillion Economy: Pm Modi

New Delhi, June 18 : Every state must recognise its strength, define its targets and develop a roadmap to achieve the same as this is essential for India to become...

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India Has $85 Bn Opportunity In $500 Bn Global Chip Supply Chain Market

New Delhi, June 17 : India has a $85 billion opportunity in the global $500 billion semiconductor manufacturing supply chain market comprising materials (gases, chemicals, minerals, equipment and services), a...

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Sharechat Closes $520 Mn Funding Round At $5 Bn Valuation

New Delhi, June 16 : Homegrown social media company ShareChat on Thursday said it has closed a $520 million multi-tranche funding round, taking its valuation to $5 billion. In the...

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Oil Meals Exports In May 2022 Report 12% Hike

New Delhi, June 16 : At 2,55,453 tonne in May 2022 compared to 2,28,319 tonne in May 2021, the export of oil meals for May 2022 has provisionally reported a...

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Samsung Reduces Procurement Orders Amid Inventory Pressure: Report

Seoul, June 16 : Samsung Electronics has reportedly halted new procurement orders for a brief period, telling suppliers to either delay or reduce shipments of components and parts owing to...

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Majority Of Ford India\'s Workers Continue Protest, Some Resume Duty

By Venkatachari JagannathanChennai, June 16 : While the majority of Ford India Private Ltd’s about 2,600 workers at its Maraimalai Nagar plant near here are continuing their protest demanding a...

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Us Fed Makes Biggest Rate Hike Since 1994

Washington, June 16 : The US Federal Reserve raised the interest rate by 0.75 percentage points, the highest on-shot increase since 1994, to tackle inflation that is at its highest...

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Us Fed Makes Biggest Interest Rate Raise In Three Decades

Washington, June 16 : With the US seeing inflation at historic highs, the Federal Reserve on Wednesday undertook its highest interest rate raise in nearly three decades, by three-quarters of...

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Softbank-backed Unicommerce To Hire Over 150 People In Next 2-3 Months

New Delhi, June 15 : SoftBank-backed integrated software-as-a-service (SaaS) platform Unicommerce on Wednesday said it will hire more than 150 people in FY23, expanding its workforce by 50 per cent....

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Nfts, Crypto Are \'100% Based On Greater Fool Theory\': Bill Gates

San Francisco, June 15 : Tech billionaire Bill Gates has said that he holds no position in cryptocurrencies or non-fungible tokens (NFTs), as they are “100 per cent based on...

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Tn Converts Temple Gold Into Rs 10 Crore Bond

Chennai, June 15 : The Tamil Nadu government has invested Rs 10 crore in gold bonds by converting 27,250.500 grams of gold/ gold jewellery into bars belonging to Mariamman Temple...

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Samsung To Relocate Workers Of Closed Tv Lcd Biz To Chip Unit

Seoul, June 15 : Samsung Electronics plans to move around 300 workers from its display business’ liquid crystal display (LCD) division to the company’s semiconductor unit, sources said. The plan...

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Skorea, Us Agree To Bolster Economic Security Cooperation

Seoul, June 15 : South Korea and the United States agreed to step up cooperation for stable supply chains of critical minerals and other economic security issues in their high-level...

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Tesla Fsd Beta V.11 Likely To Be Ready For Wide Release Soon: Musk

San Francisco, June 15 : Tech billionaire Elon Musk has estimated that his electric vehicle company Tesla’s full self-driving (FSD) Beta version 11 would be ready for wide release by...

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Higher Unemployment Rate Looms In Us As Fed Fights Inflation: Wsj

New York, June 15 : US Federal Reserve officials are beginning to signal that their efforts to tackle scorching inflation by raising interest rates may lead to higher unemployment, said...

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Shiprocket Acquires E-commerce Platform Pickrr For Rs 1,560 Cr

New Delhi, June 15 : Logistics technology platform Shiprocket on Wednesday announced it has acquired a majority stake in Pickrr, an ecommerce software-as-a-service (SaaS) platform for D2C brands and SME...

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Up\'s \'odop\' Products To Be On Modi\'s Gift List

Lucknow, June 15 : Prime Minister Narendra Modi will now be the brand ambassador of Uttar Pradesh’s flagship ‘One District-One Product’ (ODOP) scheme. He will gift special products made by...

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Now Nordvpn To Remove Servers From India Over New Cert-in Data Norms

New Delhi, June 14 : Leading virtual private network (VPN) service provider NordVPN on Tuesday announced it will remove servers from India over a recent cybersecurity directive from the Indian...

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88% Drop In Google Searches For \'buying Nfts\' As Crypto Market Crashes

New Delhi, June 14 : As mayhem continues across the crypto market, be it cryptocurrencies or Blockchain-based Decentralised finance (DeFi), there has also been a massive 88 per cent drop...

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Bengaluru Now 5th On Global Tech Vc Investment Map

New Delhi, June 14 : Bengaluru has found itself a distinct place on the global startup tech map as the leading Asian city is now ranked fifth for tech venture...

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Automaker Geely Acquires Ailing Chinese Smartphone Brand Meizu

Beijing, June 14 : Chinese carmaker Geely has acquired Meizu, the Alibaba Group-backed smartphone maker, as the automaker plans to bolster its connected ecosystem. Hubei Xingji Shidai Technology, a venture...

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Tesla Had Very Tough Quarter, Says Musk In Leaked Email

San Francisco, June 14 : Tech billionaire Elon Musk has said that its electric vehicle company Tesla had a ‘very tough quarter’ and needs to rally. According to the auto-tech...

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Qualcomm Acquires Cellwize To Boost 5g Adoption

San Francisco, June 13 : Chip-maker Qualcomm has acquired Cellwize Wireless Technologies, a leader in mobile network automation and management, for an undisclosed sum. The acquisition will boost Qualcomm’s as...

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Government It Spending In India To Reach $9.5 Bn This Year

New Delhi, June 13 : The government IT spending in India is likely to reach $9.5 billion in 2022, an increase of 12.1 per cent from last year, a new...

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Nearly 1 In 2 Indian Software Developer Plan To Quit Job This Year

New Delhi, June 13 : About 44 per cent of developers based in India are considering leaving their job this year compared to 42 per cent globally, according to a...

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Myntra Sells Record-breaking 50 Lakh Products On Day 1 Of Eors-16

Bengaluru, June 13 : Myntra, one of India’s leading fashion, beauty and lifestyle destinations, on Monday said that the 16th edition of its flagship EORS-16 (End of Reason Sale) witnessed...

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Global Pc Shipments To Fall 8.2% In 2022 Due To Economic Slowdown

New Delhi, June 12 : The global macro-economic factors are set to hamper global shipments of traditional PCs this year, leading to a 8.2 per cent fall (on-year) to 321.2...

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Rough Road For Pak Pm As His Govt Presents Fiscal Budget

By Hamza AmeerIslamabad, June 10 : As Pakistan government under the leadership of Prime Minister Shehbaz Sharif presents its first budget for the country’s financial year; it’s a race against...

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Sri Lankan Pm Meets Imf Official On Economic Instability

Colombo, June 8 : Sri Lankan Prime Minister Ranil Wickremesinghe discussed with Managing Director of the International Monetary Fund Kristalina Georgieva over the country’s economic crisis, the prime minister’s office...

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Google Contractors Flag Concerns Over Being Underpaid By Recruiting Agency

San Francisco, June 7 : A group of Google contractors have called out a recruitment agency over being underpaid for a long time, amounting to thousands of dollars in unpaid...

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Musk Warns Of Killing Twitter Deal Over Lack Of User Data Transparency: Report

San Francisco, June 6 : Tesla and SpaceX CEO Elon Musk on Monday stated that if Twitter fails to give data on spam and fake accounts, he may walk out...

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A Narcissistic Boss Can Stymie Knowledge Flow, Cooperation

New York, June 6 : Narcissist bosses can cause knowledge barriers within organisations and hinder cooperation between teams due to a sense of superiority, finds a study. Narcissism, in which...

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Companies With Machiavellian Ceos Benefit More: Study

New York, June 5 : Companies whose CEOs possess Machiavellian traits such as sneakiness, cunningness, and lack of a moral code are able to save more, suggests a study. Despite...

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Public Police Ngo Launches Its Chapter In West Bengal

Kolkata, June 4 : The Public Police has been incorporated as a registered trust (NGO) in Delhi with the blessings of its Chairman, Justice K.G.Balakrishnan, former Chief Justice of India...

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Ipl Teams Commanding Higher Valuations Than Global Football Counterparts

New Delhi, June 4 : Revenue CAGRs of Manchester United (MANU), Juventus and Borussia Dortmund have been at 1.1 per cent, 4.7 per cent and 4.0 per cent, in the...

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Amazon Retail Ceo Dave Clark Resigns After 23 Years

San Francisco, June 4 : Amazon has announced that Dave Clark, its CEO of worldwide consumer business, is leaving the company after 23 years. Clark played a key role in...

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Elon Musk Plans 10% Staff Cut At Tesla, Freezes Hiring

San Francisco, June 3 : Elon Musk is reportedly planning to axe 10 per cent of Tesla staff, along with freezing hiring amid stalled Twitter deal, global macroeconomic conditions like...

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Over 500 Scholarships To Study At Jindal Global Law School In 2022-23

New Delhi, June 3 : In a major announcement, the Jindal Global Law School (JGLS) under the OP Jindal Global University (JGU) has instituted over 500 scholarships for students joining...

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Over 500 Scholarships To Study At Jindal Global Law School In 2022-23

New Delhi, June 3 : In a major announcement, the Jindal Global Law School (JGLS) under the OP Jindal Global University (JGU) has instituted over 500 scholarships for students joining...

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India Adds 14 Unicorns In 2022 First Half, Builds 70k Startups In 8 Years

New Delhi, June 3 : Before the funding winter hit the Indian startup ecosystem, the country gave birth to at least 14 unicorns in the first five months of the...

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Sbi Assures Support To Family Of Bank Official Gunned Down In J&k

Mumbai, June 3 : The SBI on Thursday expressed grief over the killing of Vijay Kumar, branch manager with Ellaquai Dehati Bank (EBD), a Srinagar-headquartered Regional Rural Bank sponsored by...

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Over 20k Startup Employees Lose Jobs Globally, India And Us Top List

New Delhi, June 2 : As VC money disappears amid economic slowdown, tech startups have laid off over 20,000 employees the world over since April, while more than 8,000 employees...

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Realme\'s 1st \'global Flagship Store\' In Ahmedabad To Bring Next-gen Innovations To Users

New Delhi, June 2 : Global smartphone brand realme has launched its first global, premium flagship store in Ahmedabad to fulfill the company’s ‘Go Premium’ strategy in India and strengthening...

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Micron Ventures To Invest $200 Mn In Deep Tech Startups

San Francisco, June 2 : Micron Ventures, the corporate venture capital arm of Micron Technology, on Thursday announced to invest $200 million in deep tech startups. The latest investment builds...

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Moto E32s Launched With 90hz Display, Helio G37, And 16mp Triple Cameras

Motorola India today announced the launch of its ‘stylish entertainer’, the moto e32s, on Flipkart, JioMart, Reliance Digital and across 60,000+ retail stores, through Jio Mart Digital.Aimed at giving the...

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Kia\'s Sales Fall 4.9% Globally Amid Chip Shortage

Seoul/New Delhi, June 2 : Kia, South Korea’s second-largest automaker, said on Thursday its sales fell 4.9 per cent last month from a year earlier as a global chip shortage...

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Petrol Prices Up For 10th Time In Vietnam This Year

Hanoi, June 2 : Petroleum prices in Vietnam broke a record after being adjusted up for the 10th time so far this year. From Wednesday, the price of RON95 bio-fuel...

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Come To Office Or Get Out, Elon Musk Warns Tesla Employees

New Delhi, June 1 : Elon Musk on Wednesday gave an ultimatum to Tesla employees to either return to office or get out, saying they “should pretend to work somewhere...

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Binance Labs Announces $500 Mn Fund For Blockchain, Web3.0 Startups

New Delhi, June 1 : As venture capital (VC) funds squeeze the flow of money to traditional startups and invest in emerging tech like Web3.0, Binance Labs, the venture capital...

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Alibaba Best-paying Tech Company In China Despite Crackdown

Beijing, June 1 : Despite China aiming to rein in domestic Internet giants, Alibaba is still the best-paying tech company in the country at an average monthly salary of $5,000,...

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Indiabulls-run Social Commerce Platform Yaari Lays Off 150 Workers

New Delhi, May 31 : In the latest string of layoffs in the funding winter, conglomerate Indiabulls’ social commerce platform Yaari has reportedly laid off nearly 150 employees which makes...

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Singapore Launches New Project To Test Digital Asset Tokenisation And Defi

Singapore, May 31 : As the global crypto market grapples with uncertainties amid government crackdowns, Singapore on Tuesday launched a new project to explore the tokenisation of financial assets and...

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Samsung Likely To Close Lcd Panel Manufacturing Soon

Seoul, May 31 : South Korean tech giant Samsung is reportedly planning to close down its last liquid-crystal displays (LCD) production lines. The decision to close the LCD business, by...

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No Restaurant Can Charge 18% Tax On Products, Says Complaint

Shimla, May 30 : No restaurant can charge 18 per cent tax on products, a complaint by Chandigarh-based advocate Ajay Jagga said on Monday. He said some of the eateries...

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Raveendran Set To Focus On Global Biz, Coo Mrinal Mohit To Handle India Market (lead)

New Delhi, May 30 : Edtech leader BYJU’s is in for a big change with its Founder and CEO Byju Raveendran set to focus his energies on global operations, especially...

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Myntra\'s \'end Of Reason Sale\' To Start From June 11

Bengaluru, May 30 : E-commerce platform Myntra on Monday announced that the 16th edition of its flagship ‘End Of Reason Sale (EORS)’ is scheduled to be held between June 11...

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