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E-com players log $4.6 bn sales in India festive week, Flipkart leads

New Delhi, Oct 14 : The e-commerce players registered a whopping $4.6 billion (nearly Rs 32,000 crore) sales during the first week of the festive season — a 23 per...

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Bitcoin could cause the next financial crash

New Delhi, Oct 14 : Bitcoin and other cryptocurrencies could cause the next financial crash, according to a top Bank of England official, Daily Mail reported. Deputy Governor Sir Jon...

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SL central bank to keep policy rates steady

Colombo, Oct 14 : The Central Bank of Sri Lanka (CBSL) announced on Thursday that it would keep policy rates at their current levels while maintaining inflation at targeted levels...

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Singapore tightens monetary policy

Singapore, Oct 14 : The Monetary Authority of Singapore (MAS) on Thursday announced that it will raise slightly the slope of the Singapore dollar Nominal Effective Exchange Rate (S$NEER) policy...

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Dell unveils new telecom software, solutions to boost 5G in India

New Delhi, Oct 14 : As India takes advanced steps to launch 5G technology soon, Dell Technologies has introduced new telecom software, solutions and services to help communications service providers...

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US Fed could start tapering asset purchases in mid-Nov or mid-Dec

Washington, Oct 14 : US Federal Reserve officials broadly agreed last month the central bank could start tapering asset purchases in mid-November or mid-December, according to the minutes of the...

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US inflation remained elevated in Sep amid supply chain disruptions

Washington, Oct 14 : US inflation remained elevated in September as supply chain disruptions have persisted for months, the Labour Department reported. The consumer price index (CPI) increased 0.4 per...

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Pakistan stocks take a beating on controversy over ISI chief appointment

New Delhi, Oct 13 : Shares at the Pakistan Stock Exchange ended the day in the red on Wednesday as investors were worried over the controversy surrounding the appointment of...

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Air Canada launches Delhi-Montreal non-stop flights

Toronto, Oct 13 : Air Canada is launching a new thrice weekly, non-stop flight between Delhi and Montreal from October 31. The airline is also increasing its daily non-stop flights...

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LG sees Q3 operating profit to drop nearly by half from a year earlier

Seoul, Oct 13 : LG Electronics has estimated its third-quarter operating profit to drop nearly by half from a year earlier, largely due to a recall provision cost. In its...

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US House approves short-term debt limit hike to avert default

Washington, Oct 13 : The US House of Representatives has approved a bill to increase the nation’s borrowing limit in the short term to avert a looming debt default, sending...

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Emerging from 'very tough' 2nd wave, India keeps top global spot with 9.5% GDP growth (Ld)

By Arul LouisUnited Nations, Oct 12 : India has emerged from a “very tough second wave” of Covid-19, Gita Gopinath, the International Monetary Fund’s (IMF) Chief Economist, said on Tuesday...

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IMF keeps India's 2021-22 GDP growth at 9.5%, retains top global spot

By Arul LouisUnited Nations, Oct 12 : India will continue to be the world’s fastest growing major economy, clocking a growth rate of 9.5 per cent this fiscal year and...

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itel emerges as most popular brand in sub-Rs 7K smartphone segment: CMR

New Delhi, Oct 12 : Over the course of the pandemic, the smartphone (in the sub-Rs-7,000 segment) has been a key enabler of human lives in India, as per new...

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Commercial property demand witnesses increase during Navratras, festive season

Gurugram, Oct 12 : Real estate giants said the sector is recording a surge in commercial property demand during the Navratras and the festive season. The time from October to...

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UP tops in financing units under PMEGP

Lucknow, Oct 11 : Uttar Pradesh now boasts of having financed the highest number of units in the country under Prime Minister Employment Generation Programme (PMEGP). The UP government has...

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TSMC, Sony to partner on new $7bn chip plant in Japan: Report

Taipei, Oct 10 : Chipmaker Taiwan Semiconductor Manufacturing Company (TSMC) and the Sony Group are reportedly considering joint construction of a semiconductor factory in western Japan amid a global chip...

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Railways launch 2 long haul freight trains 'Trishul', 'Garuda'

New Delhi, Oct 10 : The Indian Railways has launched two long haul freight trains “Trishul” and “Garuda” — which are twice or multiple times longer than the normal composition...

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Lakhs of fingerlings ranched as 'River Ranching' programme launched in 5 states

New Delhi, Oct 9 : With three lakh fingerlings ranched at three sites in Uttar Pradesh, Union government on Friday launched the ‘River Ranching’ programme across Uttar Pradesh, Uttarakhand, Odisha,...

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Agri exports up from Jammu & Kashmir, Ladakh: APEDA

New Delhi, Oct 9 : With the mandate of promoting agri-export from Union Territories of Jammu & Kashmir and Ladakh, the Agricultural and Processed Food Products Export Development Authority (APEDA)...

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'Domestic oil prices on decline, mustard oil outlier'

New Delhi, Oct 9 : Even when the international prices of edible oils have gone up in the range of 1.95 per cent to 7.17 per cent after the import...

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Canada's unemployment rate down to 6.9% in Sept

Ottawa, Oct 9 : Canada’s unemployment rate continued downward trend, falling 0.2 percentage points to 6.9 per cent in September 2021, the lowest rate since the onset of the Covid-19...

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Microsoft acquires Ally.io to boost employee experience

New Delhi, Oct 8 : Microsoft has acquired productivity platform Ally.io to help improve employe experience by aligning their work to the companys strategic mission and core priorities. Ally.io, a...

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Ireland decides to join OECD int'l tax agreement

Dublin, Oct 8 : The Irish government has agreed to join an international agreement to reform the global tax rules to address the challenges arising from the digitalisation of the...

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India's economy to grow by 8.3%, making it 2nd fastest growing-major economy

By Arul LouisUnited Nations, Oct 8 : India’s economy is expected to grow by 8.3 per cent this fiscal year, according to the World Bank, making it the second-fastest-growing major...

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Yes Bank scam: SC grants interim bail to Rana Kapoor's wife, daughters

New Delhi, Oct 7 : The Supreme Court on Thursday granted interim bail to Yes Bank founder Rana Kapoor’s wife Bindu Kapoor and two daughters – Radha and Roshni Kapoor...

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Ola launches new vehicle commerce platform

Bengaluru, Oct 7 : Cab-hailing platform Ola on Thursday announced a new vehicle commerce platform — Ola Cars — that will provide a better vehicle purchase and ownership experience to...

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IPO-bound Netcore Cloud hires veteran Ramesh Srinivasan as CEO

Mumbai, Oct 7 : Marketing technology company Netcore Cloud on Thursday announced the appointment of veteran Ramesh Srinivasan as CEO for its India operations, as the software-as-a-service (SaaS) platform prepares...

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Nearly 30K farmers benefitted from paddy procurement under KMS

New Delhi, Oct 6 : Nearly 30,000 farmers benefited from paddy procurement under Kharif Marketing Season (KMS) 2021-22 so far. A quantity of 2,87,552 MT of Paddy has been procured...

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Smartphone makers report robust festive sales despite chip shortage

New Delhi, Oct 6 : Despite acute chip shortage, smartphone brands have managed to sell record handsets during the India festive week, making mobiles the strongest and most-loved category once...

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Visa launches India's 1st card 'token' service for online platforms

New Delhi, Oct 6 : Digital payments firm Visa on Wednesday launched Card-on-File (CoF) tokenization services in India in line with the recently issued guidelines by the Reserve Bank of...

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Cabinet okays bonus equivalent to 78 days wages to non-gazetted railway staff

New Delhi, Oct 6 : The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved Productivity Linked Bonus (PLB) equivalent to 78 days’ wages for the financial year...

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Xiaomi India sells 20 lakh smartphones in 1st wave of festive sales

New Delhi, Oct 6 : Xiaomi India on Wednesday announced that it has sold over 20 lakh smartphones in 5 days of the festive sale across channels. In the premium...

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Crypto platform CoinSwitch Kuber raises $260 mn, to scale India biz

New Delhi, Oct 6 : Leading crypto platform CoinSwitch Kuber on Wednesday said it has raised over $260 million in its Series C funding round from Andreessen Horowitz (a16z), Coinbase...

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Indian BPO market to hit $8.8 bn by 2025 amid liberalised regime

New Delhi, Oct 6 : As India reopens, the enterprise spending on business process outsourcing (BPO) services in India is set to grow at a compound annual growth rate (CAGR)...

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Is India spending enough on agricultural innovations?

New Delhi, Oct 5 : Water usage per acre for most crops is sky high using the traditional method called flood irrigation.Drip irrigation is an innovation that has started to...

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Aus central bank forecasts economic, employment rebound

Canberra, Oct 5 : As the Reserve Bank of Australia (RBA) reckons with rising unemployment indicators, the central bank’s Governor Philip Lowe on Tuesday expressed optimism for an end-of-year rebound....

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How Facebook outage wreaked havoc on the global ad empire

By Nishant AroraNew Delhi, Oct 5 : Facebook reported a 47 per cent (year-over-year) increase in ad revenue amounting to $28 billion in the second quarter (Q2) this year.The massive...

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Eurogroup meeting held in Luxembourg

Helsinki, Oct 5 : European Commission President Ursula von der Leyen has backed Finland’s recovery and resilience plan, which comes as part of the European Union’s (EU) multi-billion pandemic recovery...

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Flipkart set to lead smartphone, fashion shopping in festive season

New Delhi, Oct 4 : As the festive season sales begin, Flipkart is set to retain its lead in smartphone and fashion categories while Amazon will rely on Prime members...

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WeWork India bolsters leadership team as country reopens

Bengaluru, Oct 4 : As India reopens and companies and startups adjust to the new normal, curated shared workspace provider WeWork India on Monday announced key strategic appointments to the...

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Over 18L Indian students to go for foreign education by 2024: Report

New Delhi, Oct 4 : As international borders reopen with the Covid situation easing, studying abroad is set to grow in the coming years and according to new forecast, over...

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BetterPlace acquires Oust Labs to upskill 10 cr workers

Mumbai, Oct 4 : Indian blue-collar lifecycle management startup BetterPlace on Monday announced it has acquired US-based Oust Labs, a micro-learning software-as-a-service (SaaS) platform, in an all-cash deal.It, however, did...

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Aircraft under bridge: AI says plane sold earlier

New Delhi, Oct 4 : A social media clip showing an aircraft in Air India colours getting stuck under a foot-over-bridge was sold by the airline and was being transported...

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Flipkart sees 40% growth in early access Big Billion Days sales

Bengaluru, Oct 3 : Flipkart on Sunday said it saw a 40 per cent growth in early access for Flipkart Plus customers as compared to last year, as the commerce...

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BJP Chief JP Nadda appeals to party workers to buy Khadi products

New Delhi, Oct 2 : Bharatiya Janata Party National President J.P.Nadda on Saturday appealed to party workers across the country to buy Khadi products from Khadi India stores and shops...

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Retrenched HM car plant workers withdraw stir temporarily

Chennai, Oct 2 : On the assurance given by the Tiruvallur District Collector that their issue would be sorted out in the coming week, the retrenched workers of Hindustan Motors/Hindustan...

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EU postpones trade talks with Australia

Brussels, Oct 2 : The European Commission has postponed its free trade negotiations with Australia for a month, a spokesperson of the EU executive said here on Friday. The decision...

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Eurozone inflation hits 13-year high of 3.4%

Brussels, Oct 2 : Eurozone inflation accelerated to 3.4 per cent year-on-year (y-o-y) in September, reaching a 13-year high, according to a flash estimate published on Friday by Eurostat, the...

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Electric train in U.P begins from Gorakhpur to Nautanwa

Gorakhpur, Oct 1 : Electric trains have started running in Uttar Pradesh between Gorakhpur and Nautanwa. Chief Public Relations Officer (CPRO), Pankaj Kumar Singh said the train service began from...

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Biden signs last-minute stopgap funding bill, averting government shutdown

Washington, Oct 1 : US President Joe Biden signed a short-term funding bill after Congress passed the measure, averting a partial government shutdown that was set to begin midnight on...

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US Senate approves short-term spending bill as govt shutdown deadline looms

Washington, Oct 1 : The US Senate on Thursday passed a short-term spending bill to avert shutdown as government funding is set to expire in just a few hours, sending...

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Protest at Vizag Steel Plant against privatisation

Visakhapatnam, Sep 30 : Employees of Visakhapatnam Steel Plant on Thursday staged protests demanding a halt to the process of appointing legal advisors for privatization of the public sector undertaking....

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Power blackouts now rolled out in Beijing and Shanghai

New Delhi, Sep 29 : China has now started rolling blackouts in Beijing and Shanghai, metropolises home to 48 million people, as the country struggles with crippling power shortages that...

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Swedish contingent meets K'taka CM, Indian cos CEOs to boost investment

Bengaluru, Sep 29 : A Swedish delegation met Karnataka Chief Minister Basavaraj Bommai in Bengaluru and interacted with several major Swedish and Indian companies for fostering investment in the state.The...

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Chinese projects worth $843bn reveal major hike in 'hidden debt' for 42 nations

By Sanjeev SharmaNew Delhi, Sep 29 : Forty-two countries now have levels of public debt exposure to China in excess of 10 per cent of GDP. AidData, an international development...

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Healthtech startup MFine bags Rs 356 cr to build a virtual hospital

Bengaluru, Sep 29 : Healthtech startup MFine on Wednesday announced it has raised $48 million (about Rs 356 crore) in Series C funding co-led by Moore Strategic Ventures and BEENEXT...

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This community-led bank in UP helps villagers keep moneylenders at bay

Bahraich (Uttar Pradesh), Sep 29 (101Reporters/IANS) In the foothills of the Himalayas, surrounded by the dense Katarniya Ghat forest, lies the small village of Bishunapur, 47 km from Mihinpurwa village...

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\'East Asia & Pacific\'s Recovery Undermined By Delta Variant\'

Washington, Sep 28 : The East Asia and Pacific region’s recovery has been undermined by the spread of the Covid-19 Delta variant, the World Bank said, calling for a comprehensive...

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Yogi Govt To Train Youth In Culinary Skills

Lucknow, Sep 28 : The Uttar Pradesh government will now train the youth in culinary skills, including bakery and confectionary. The government has started diploma courses especially to train interested...

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Gadkari, Sinha Lay Foundation For 4 NH Projects In J&K

Srinagar, Sep 27 : Union Minister of Road Transport and Highways, Nitin Gadkari and J&K Lieutenant Governor Manoj Sinha on Monday laid the foundation stones for four National Highway projects...

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Agra Metro Construction Work Picks Up Momentum

Agra, Sep 27 : The construction work of the first corridor of Agra Metro project is going full steam ahead. The Metro project team completed the erection of 100 piers...

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NABARD Sanctions Rs 206 Cr For 25 Road Projects In Odisha

Bhubaneswar, Sep 27 : The National Bank for Agriculture and Rural Development (NABARD) has sanctioned Rs 206 crore to the Odisha government for construction of 25 roads, officials said on...

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99% Indian Business Travellers Want To Resume Work Trips: Study

New Delhi, Sep 27 : About 99 per cent of Indian business travellers aim to resume work trips within the next 12 months, a new study showed on Monday. Over...

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Panchjanya Calling Amazon As East India Company Corroborates CAIT\'s View

New Delhi, Sep 27 : The Confederation of All India Traders (CAIT) has greatly appreciated the lead article carried by forthcoming edition of Panchjanya which has cited Amazon as East...

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Thailand\'s Battered Tourism Sector Big Blow To Economy, Pushes Suicide Rates

By Mahua VenkateshNew Delhi, Sep 27: Thailand, one of the most favoured holiday destinations for Indians, is struggling to its economy back on track.As the Thai government barred international tourist...

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Skilling The Youth Of Northeast India For Employment

By Ganesh BhattNew Delhi, Sep 26 : The Union Ministry of Skill Development has been imparting various kinds of training to the youth of the northeast region of the country.This...

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Haryana To Conduct Mushroom Survey In Kalesar Sanctuary

Chandigarh, Sep 26 : To explore the biodiversity, Haryana’s first mushroom survey will be conducted on September 30, in Kalesar National Park and Wildlife Sanctuary in Yamunanagar district, it was...

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Centre To Bring New Cooperative Policy Soon: Amit Shah

New Delhi, Sep 25 : Union Home and Cooperation Minister Amit Shah on Saturday said that the government will bring a new cooperative policy with suitable changes, the new policy...

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Seaweed Farming Will Help Boost Economy, Reduce Climate Impact

Kochi, Sep 25 : The Central government is looking forward to developing a sustainable economy through highly prospective seaweed cultivation, said a top Central government official, on Saturday. Fisheries Union...

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Wildlife Board Clears PMGSY Road Projects In Border Areas

New Delhi, Sep 25 : The National Board for Wildlife (NBWL) has given clearance for the completion of a road construction project under the Pradhan Mantri Grameen Sadak Yojana (PMGSY)...

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Rs 300cr Undisclosed Income Detected By I-T At Financing Syndicates

Chennai, Sep 25 : The Income Tax (IT) Department has detected Rs.300 crore of undisclosed income and seized Rs.9 crore unaccounted cash during it search and seizure operation on two...

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In A First, Varanasi City To Have Ropeway Service

Varanasi, Sep 24 : Varanasi will soon become the first Indian city to use the ropeway services in the public transportation. About 220 cable cars will be available between Cantt...

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Tehri Dam Achieves Full Potential Of 830m Capacity

Rishikesh, Sep 24 : The Tehri Dam Project in Uttarakhand reached a milestone as it achieved full capacity of 830 metres, for the first time ever. Though the project has...

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Goa Electronic City To Be Ready By March 22: CM

Panaji, Sep 24 : Despite being delayed by the Covid-19 pandemic, the Goa government’s ambitious electronic city cluster at Tuem village in North Goa will be ready for setting up...

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Cancel Culture Grips Africa Against Chinese Investment

New Delhi, Sep 24 : African countries are becoming increasingly wary of Chinese investments with several of them cancelling their contracts on the grounds of being exploitative and unfair deals.Whereas...

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Biden Administration Prepares For Possible Govt Shutdown

Washington, Sep 24 : The Joe Biden administration is preparing for a possible government shutdown in the event that current funding runs out on September 30, White House press secretary...

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After Meeting Modi, CEOs See High Potential For India To Attract Investments

By Arul LouisNew York, Sep 24 : India has great potential for attracting investments and manufacturing under the various programmes introduced by Prime Minister Narendra Modi as companies try to...

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Freshworks IPO Created 500 Crorepatis

New Delhi, Sep 23 : Indian software-as-a-service (SaaS) firm Freshworks made its trading debut on US stock exchange Nasdaq on Wednesday and it was a strong one.The company was valued...

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US Fed Signals Tapering Could Start Soon

Washington, Sep 23 : The US Federal Reserve has kept its benchmark interest rate unchanged at the record-low level of near zero, while signaling that the central bank may begin...

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K\'taka CM Sets Deadline For B\'luru Metro 2nd Phase Completion

Bengaluru, Sep 22 : Karnataka Chief Minister Basavaraj Bommai has set a deadline for Bengaluru Metro Rail Corporation Limited (BMRCL) to complete two phases of Metro work in the city...

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After Cutting Billionaires Jack Ma & Pony Ma To Size China Clips Didi Founder Cheng\'s Wings

By SPS PannuNew Delhi, Sep 22: After cutting Alibaba founder Jack Ma and Internet behemoth Tencent founder Pony Ma to size, Communist China is now clipping the wings of high-flying...

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Telangana May Hike Bus Fares, Electricity Charges

Hyderabad, Sep 22 : The government of Telangana may hike the bus fares and electricity tariff to overcome the losses due to the Covid-19 pandemic and increase in fuel prices....

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Goa Accounts For 12% Of Drug Manufacturing In India: CM

Panaji, Sep 21 : The pharmaceutical industry in Goa accounts for 12 per cent of all medicines manufactured in the country, Chief Minister Pramod Sawant said on Tuesday, while also...

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Odisha Approves Projects Worth Rs 640 Cr Under OMBADC

Bhubaneswar, Sep 21 : The Odisha government on Tuesday approved development projects worth Rs 640 crore for mining affected districts under Odisha Mineral Bearing Areas Development Corporation (OMBADC) fund. The...

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Rural India, A Bright Spot Which Cannot Light Up The Whole Economy

By Sreejith BalasubramanianThe RBI Governor in his August policy address noted “The robust outlook for agriculture and rural demand would continue to support private consumption”.Rural India has been cited as...

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Rajasthan The Most Unemployed State After Haryana

Jaipur, Sep 21 : In its latest figures released as part of the unemployment rate report by the CMIE (Centre for Monitoring Indian Economy, May-August, 2021), Rajasthan is the most...

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\'Low Birth Rate Causes Fear Of Economic Stagnation In UK\'

London, Sep 21 : A low birth rate risks causing long-term economic stagnation for the UK, a British political public policy think-tank warned in a report. Falling fertility rates will...

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Govt Mulls Restructuring Rly Operations Based On Sanyal Committee Suggestions

By Subhash NarayanNew Delhi, Sep 19 : The Centre is planning a major reorganisation of companies functioning under the ministry of railways as part of an exercise to professionalise the...

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Kerala Aiming For 15,000 Startups By 2026: Vijayan

Kochi, Sep 18 : Kerala is working towards a four-fold increase in the number of startups by aiming to take their total to 15,000 in the next five years, said...

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Cryptocurrency Hyper Fund Under Govt Scanner (IANS Investigation)

New Delhi, Sep 18 : The government is keeping a close eye on cryptocurrency floating in the market based out of the country folowing alert that agencies responsible to check...

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Aerostructures Of Boeing\'s F-15EX Eagle II To Be Built In India

New Delhi, Sep 17 : Aerospace major Boeing has awarded a contract to India-based Dynamatic Technologies for manufacturing assemblies for its tactical fighter ‘F-15EX Eagle II’. According to the aerospace...

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US Initial Jobless Claims Tick Up Again To 332,000

Washington, Sep 17 : Initial jobless claims in the US ticked up to 332,000 last week, indicating a disrupted labor market recovery amid the Delta variant surge, the US Labor...

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UNCTAD Projects Fastest Global Economy Growth In 50 Years

Geneva, Sep 16 : The global economy is expected to bounce back this year with a growth of 5.3 per cent, the fastest in nearly five decades, the UN Conference...

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GST Council Meeting In Lucknow On Friday

Lucknow, Sep 16 : Union Finance Minister Nirmala Sitharaman will preside over the 45th meeting of the Goods and Services Tax (GST) Council in Lucknow on Friday. During the meeting...

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Gadkari To Review Progress Of Delhi-Mumbai Expressway

Gurugram, Sep 15 : Union Minister for Road Transport and Highways Nitin Gadkari will review the progress of the Delhi-Mumbai Expressway project on September 16 in Sohna block of Gurugram...

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Delhi To Get 300 E-buses In January 2022: DTC Official

New Delhi, Sep 15 : Delhi will receive its first fleet of 300 e-buses in January 2022 since the tender for it has matured, said Ravinder Singh Minhas, Deputy Chief...

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Reconfigure Agricultural Producer Support: UN Report

New Delhi, Sep 15 : Calling for repurposing damaging incentives to the agriculture sector that is price distorting and environmentally and socially harmful, a new United Nations (UN) report has...

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US Inflation Shows Signs Of Easing In August Amid Delta Variant Surge

Washington, Sep 15 : US consumer goods prices rose less than expected in August, as inflation showed signs of easing up amid the Delta variant-driven Covid-19 surge and continued supply...

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Gurugram: Construction Work Speeds Up For Atul Kataria Chowk Flyover

Gurugram, Sep 14 : To complete an under-construction flyover and underpass work at Atul Kataria Chowk in Gurugram on stipulated time, the road connecting Kapashera Border on the old Delhi...

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Croatia On Track To Adopt Euro In 2023: EU Official

Brussels, Sep 14 : Croatia was on track to adopt the euro by 2023, as long as it meets the criteria set out by the European Commission, EU’s economy Commissioner...

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IPhone 13 Launch: Can Apple Capture A Larger Market Share In India?

By Md Waquar HaiderNew Delhi, Sep 13 : Apple is all set to unleash its new iPhone models on September 14.With its upcoming iPhone 13 series launch, it is primed...

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UP\'s ODOP Products To Be Showcased In Dubai Expo

Lucknow, Sep 12 : The Yogi Adityanath government in Uttar Pradesh has now planned to launch its products under the ODOP (One District One Product) scheme in the international market....

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Morning After, Apple, Epic Challenger Split Points Over Size Of Breach In Payment Wall

By Nikhila NatarajanNew York, Sep 12 : Both Apple and legal challenger, Epic Games, seem headed for appeal against a 185-page ruling delivered in a California court on Friday. “It’s...

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Landmark Breach In Apple Walled Garden On Payments; Stock Dented Ahead Of Sep 14 Event

By Nikhila NatarajanNew York, Sep 11 : A US court on Friday tore down some of Apple’s key restrictions on how its developers can collect payments within the apps. The...

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ECB Sets \'moderately Lower Pace\' For Bond Buying

Frankfurt, Sep 10 : The European Central Bank (ECB) decided to leave its key interest rates unchanged and set a “moderately lower pace” for the Covid-19 pandemic-related bond buying. “Based...

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Festive Prospects: Healthy Demand To Sustain Despite Challenges Says Maruti Suzuki

By Rohit VaidNew Delhi, Sep 10 : Passenger vehicle (PV) demand is expected to maintain growth momentum in the coming months despite rising ownership cost as well as production challenges....

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Need To Allow Money To Flow Into Afghanistan: UN Envoy

United Nations, Sep 10 : The top UN envoy for Afghanistan has called for a modus vivendi for money to flow into the country and for efforts to address the...

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Japan Logs $17.3 Bn Current Account Surplus In July

Tokyo, Sep 8 : Japan marked a current account surplus of 1.91 trillion yen ($17.3 billion) in July, growing 24.5 per cent year on year, amid the increase in exports...

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S.Korean Banks\' Household Loan Keeps Growing In August

Seoul, Sep 8 : South Korean banks’ household loan kept growing last month as the policy rate remained at a low level, central bank data showed Wednesday. Debt, owed by...

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Japan\'s April-June GDP Growth Rises 1.9% On Capital Expenditure

Tokyo, Sep 8 : Japan’s economy grew at an annual rate of 1.9 per cent from April to June, increased from the preliminary growth of 1.3 per cent, reflecting stronger...

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Andhra Appoints Former SBI Chief Rajnish Kumar As Economic Advisor

Amaravati, Sep 7 : The Andhra Pradesh government has appointed Rajnish Kumar as its economic advisor.A former SBI chairman, Rajnish Kumar’s tenure in the cabinet rank position is for two...

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\'TN Govt May Get Into Reform Mode After Local Body Polls\'

By Venkatachari JagannathanChennai, Aug 27 : The DMK-led Tamil Nadu government may get into reform mode post the local body elections likely to be held by the end of 2021,...

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Freshwater-based Coal Power Plants Guzzle The Most Water: CSE

New Delhi, Aug 27 : Even six years after the water consumption norms came into force, the water-guzzling coal power industry is ignoring water regulations and there is a high...

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TN\'s Aavin Targets Rs 60 Cr From Exports, Other Indian States

Chennai, Aug 21 : With the aim to earn nearly Rs 60 crore revenue and a profit of Rs six crore by selling Aavin’s dairy products overseas and in other...

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Three US Giants To Invest In UP

Lucknow, Aug 20 : American tech giants Microsoft and MAQ Software, as well as PepsiCo have come forward to set up their units in Uttar Pradesh at a cost of...

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That Rs 20L-Cr Pandemic Package Expires, Bequeathing @ 15% As \'loans\'! (IANS Exclusive)

By Quaid NajmiPune (Maharashtra), Aug 11 : It’s official.The much-touted Rs 20-Lakh-crore special pandemic package, announced in May 2020 to revive the Covid-hit economy, was apparently a dud, according to...

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India Unlocks Oracle Cloud Benefits For Govt, Public Sector

New Delhi, Aug 11 : Cloud major Oracle on Wednesday announced it has become an empanelment Cloud infrastructure provider with the Ministry of Electronics and Information Technology (MeitY), which certifies...

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Hiring In India Surpasses Pre-Covid Levels In July: Report

New Delhi, Aug 6 : Hiring activity in India touched an all-time high in July 2021, indicating a strong revival of economic growth and a sustained recovery from the impact...

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Sugarcane Output Per Hectare Rises In UP

Lucknow, July 28 : Uttar Pradesh has scored another high with the sugarcane cultivation. According to a government spokesman, the average cane production reached 815 quintal per hectare in 2020-21.In...

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CBI Searches 3 Places In Andhra, Telangana In Bank Fraud Case

New Delhi, July 26 : The Central Bureau of Investigation (CBI) on Monday said that it has carried out searches at three locations in Telangana and Andhra Pradesh in connection...

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Rs 1,060 Cr Spend On Chennai-Bengaluru Industrial Corridor Project

Chennai, July 26 : A total of Rs1,060.02 crore has been spent during the last three fiscal years for the Chennai-Bengaluru Industrial Corridor project, the government told the Rajya Sabha....

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Rajasthan Govt To Roll Out EV Policy Soon

By Archana SharmaJaipur, July 22 : Close on the heels of Maharashtra, Delhi, Gujarat and Telangana governments, the Rajasthan government is also ready to launch the much-awaited Electric Vehicles (EV)...

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Short News Aggregator Inshorts Raises $60 Mn

New Delhi, July 15 : Short news aggregator Inshorts on Thursday said it has secured $60 million in funding from Vy Capital with participation from existing investors. Inshorts, which also...

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US-based Compass Aims To Double Headcount In India

New Delhi, July 1 : Leading real estate technology company Compass on Thursday said it aims to double its headcount in India at the Compass India Development Centre (IDC) over...

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CCI Orders Tamil/Telugu Film Producers Not To Issue Boycott Calls

Chennai, June 24 : The Competition Commission of India (CCI) has ordered the Tamil Film Producers Council (TFPC) and Telugu Film Chamber of Commerce (TFCC) and their office bearers from...

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Fuel Price Hiked Again, Petrol Nearing Century Mark Across The Country

New Delhi, June 22 : Fuel prices increased again across the country on Tuesday adding more misery for the common man already grappling with rising food prices amid shrinking income....

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Foodgrains Worth Rs 1.6K Cr Procured In Andhra

Amaravati, June 19 : Andhra Pradesh civil supplies commissioner Kona Sasidhar said food grains worth 1,637 crore have been procured until now and noted that Rs 200 crore funds will...

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Verloop.io Invests Over $2.5 Mn To Build NLP Super Bots

New Delhi, June 18 : Customer support automation startup Verloop.io has announced that it has invested as much as $2.5 million into developing super bots that can understand natural languages,...

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Sale Of Pre-owned Phones On Rise In India Amid Pandemic: Report

New Delhi, June 17 : Covid-19 has pushed people to buy a second gadget for work from home and educational purposes, leading a surge in the pre-owned smartphone market in...

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\'Centre In Favour Of Setting Up Petro-chemical Corridor In Andhra\'

New Delhi/Amaravati, June 16 : Andhra Pradesh Industries Minister Mekapati Goutham Reddy on Wednesday said the Central government is in favour of establishing a petro-chemical corridor in the state. He...

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Hyd Airport Uses Video Analytics To Enhance Passenger Safety

Hyderabad, June 16 : GMR Hyderabad International Airport Ltd (GHIAL) on Wednesday announced that it has implemented Queue Management Systems combining IoT security cameras and AI video analytics that help...

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Fishing Ban Ends In TN, But Fewer Boats To Venture Into Sea

Chennai, June 15 : Even as the fishing ban in Tamil Nadu ended on Monday midnight, less fishing boats are likely to venture into the sea for deep-sea fishing.Around 1,200...

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Petrol Price Goes Past Rs 100 In Hyd

Hyderabad, June 14 : With the latest fuel price hike, the price of petrol in Hyderabad crossed Rs 100 per litre mark on Monday. The oil companies on Monday hiked...

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Online Music Learning Platform Muzigal Logs 20% Growth In Remote Era

New Delhi, June 14 : Online music learning platform Muzigal on Monday said that it is now growing at 20 per cent month-on-month in revenue and new learners and aims...

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Andhra Sanctions Rs 1.4K Cr To Develop State Node Of CBIC

Amaravati, June 12 : The Andhra Pradesh government has sanctioned Rs 1,448 crore to form a special purpose vehicle, NKICDL (NICDIT Krishnapatnam Industrial City Development Limited), with equity from the...

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Jagan Garnered Rs 34K Cr Investment, Employed 1.3L In 2 Yrs: YSRCP

Amaravati, June 10 : Senior YSR Congress Party (YSRCP) leader and Member of Parliament V.Vijayasai Reddy on Thursday said the Y.S.Jagan Mohan Reddy-led government accords equal importance to welfare and...

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Uber Hiring 250 Engineers In India To Expand Tech, Product Teams

Bengaluru, June 9 : Ride-hailing major Uber on Wednesday announced to hire nearly 250 engineers for its Bengaluru and Hyderabad-based teams, as the company expands operations for its engineering and...

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Telangana To Spend Rs 10K Cr To Improve Healthcare Infra

Hyderabad, June 9 : The government of Telangana will spend Rs 10,000 crore over next two years to provide world-class healthcare facilities to the poor in the state. The decision...

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UpGrad To Hire 1,000 People In India In Next 3 Months

Mumbai, June 8 : Global online higher education provider upGrad on Tuesday said it will onboard 1,000 employees in the next three months in India from more than 100 campuses,...

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STPI To Launch 12 Centres Of Excellence Soon

Hyderabad, June 6 : The Software Technology Parks of India (STPI) will soon launch 12 more Centres of Excellence (CoE) in various parts of the country. STPI Director General, Omkar...

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Baggage Delivery Firm CarterX Raises Funds From Venture Catalysts

New Delhi, June 4 : On-demand baggage delivery platform CarterX on Friday said it has secured an undisclosed seed-round from Venture Catalysts. Other co-investors that participated in the round included...

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Delhivery Confirms $275 Mn In Funding At $3 Bn Valuation (Ld)

New Delhi, May 31 : Supply chain services provider Delhivery on Monday confirmed that it has raised $275 million in a primary funding round led by Fidelity Management and Research...

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Telangana Resumes Registration Of Properties, Vehicles

Hyderabad, May 31 : Registration of land, properties and vehicles resumed in Telangana with the extended relaxation hours coming into force in the ongoing lockdown from Monday. The resumption of...

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Cognizant Launches Vax Drive For 6.5 Lakh Strong Ecosystem In India

New Delhi, May 31 : IT major Cognizant on Monday announced a nationwide drive to vaccinate more than 650,000 associates, their families and support teams, along with delivering 1,000 oxygenated...

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Logistics Firm Delhivery Raises $277M, Now Valued At $3B

New Delhi, May 31 : Ahead of its initial public offering (IPO) this year, supply chain services provider Delhivery has reportedly raised $277 million in its latest round of funding,...

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Companies Step Forward To Strengthen Covid-relief Efforts In India

New Delhi, May 27 : Online travel major MakeMyTrip on Thursday announced a partnership with over 500 hotels across multiple cities offering safe and comfortable isolation rooms for patients affected...

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Ford India Workers Boycott Lunch Over Early Action On Covid Measures

By Venkatachari JagannathanChennai, May 27 : About 900 workers of Ford India Private Ltd on Thursday boycotted lunch demanding an early settlement of their Covid-19 related demands, said a Union...

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15 Lakh Andhra Farmers Receive Rs 1820 Crore Under YSR Free Crop Insurance Scheme

Amaravati, May 25 : Chief Minister Y.S.Jagan Mohan Reddy on Tuesday credited Rs 1820.23 crore under ‘YSR Free Crop Insurance’ scheme to the bank accounts of 15.15 lakh farmers who...

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Close Factories Or Treat Us As Frontline Covid Warriors: Auto Workers Demand (ld)

By Venkatachari JagannathanChennai, May 25 : With hundreds of them in many automobile units getting infected with coronavirus in the second wave, workers want factories to shut down to break...

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Close Factories Or Treat Us As Frontline Covidwarriors: Auto Workers Demand

By Venkatachari JagannathanChennai, May 25 : With hundreds of them in many automobile units getting infected with coronavirus in the second wave, workers want factories to shut down to break...

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Flipkart Hires 23K To Bolster Its Supply Chain Amid Pandemic

Bengaluru, May 25 : Flipkart on Tuesday said it has hired 23,000 people across its supply chain, including delivery executives, in the last three months as the e-commerce marketplace strengthens...

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RDIF, Panacea Biotec To Start Sputnik V Production In India

New Delhi, May 24 : Production of the Sputnik V vaccine against coronavirus will begin in India this summer, the Russian Direct Investment Fund (RDIF) and pharmaceutical company Panacea Biotec...

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\'ISRO Set To Transfer Technology For Oxygen Concentrator Soon\'

By Venkatachari JagannathanChennai, May 22 : The Indian space agency will soon transfer the technology for making the ‘Shwaas’, the oxygen concentrator developed by it at a cost of about...

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Investment, Research Driving AI Growth In India, Says Study

Hyderabad, May 21 : Higher investment and research is driving significant growth of Artificial Intelligence (AI) in India, finds a study. The AI Index 2021 annual report by the Indian...

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Andhra Pradesh Budget Focuses Big On Welfare, Development (ld)

Amaravati, May 20 : Andhra Pradesh Finance Minister Buggana Rajendernath presented the budget for the year 2021-22, with an outlay of Rs 2,29,779.27 crore, combining welfare priorities with development. The...

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Andhra Socio-economic Survey Pegs Per Capita Income Growth At Rs 1,735

Amaravati, May 19 : Ahead of the budget session of the assembly that begins on Thursday, Chief Minister Y.S.Jagan Mohan Reddy released the Socio-economic Survey (SES) at his camp office...

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Synechron To Hire Up To 2,000 Professionals To Boost India Plans

New Delhi, May 17 : Digital transformation consulting firm Synechron on Monday announced plans to hire up to 2,000 professionals to specifically boost its India operations in Pune, Bengaluru, Hyderabad,...

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Covid Care: Boeing Plans To Set Up Field Hospitals In India (IANS Exclusive)

By Rohit VaidNew Delhi, May 15 : Aerospace major Boeing has tied-up with state governments along with NGOs to set up field hospitals in India to treat Covid patients. Accordingly,...

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MediBuddy, HCL To Support India\'s Covid Mitigation Efforts

New Delhi, May 14 : Digital healthcare platform MediBuddy has tied up with more than 350 top hospitals across 130 cities to strengthen the vaccine rollout across the country, the...

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Zoho, Tech Mahindra, LG Pledge To Support Covid Relief Efforts In India

New Delhi, May 13 : Chennai-based technology firm Zoho Corporation on Thursday announced to help hospitals and health care centers across Tamil Nadu with procurement and distribution of essential medical...

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MSN Labs Inks Deal With Lilly To Launch Baricitinib

Hyderabad, May 13 : MSN Labs (MSN) on Thursday announced it has entered into a royalty free, non-exclusive, voluntary license agreement with Eli Lilly and Company of USA for manufacturing...

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Bharat Biotech Supplying Covaxin To 18 States (Ld)

Hyderabad, May 11 : Bharat Biotech has been directly supplying its Covid-19 vaccine Covaxin to 18 states since May 1, the company said on Tuesday. “Unflinching in our efforts, we...

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Hyundai To Provide \'Medicare Oxygen\' Equipment To States Most Affected By Covid

New Delhi, May 11 : Automobile manufacturer Hyundai Motor India’s philanthropic arm – Hyundai Motor India Foundation – on Tuesday announced its CSR project ‘Back-to-life’. Accordingly, the project is aimed...

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T\'gana Innovation Cell, Kautilya School Create Social Innovation Ecosystem

Hyderabad, May 11 : The Telangana State Innovation Cell (TSIC) has entered into an agreement with the Kautilya School of Public Policy (KSPP), and Gitam deemed University, to enable a...

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Government To Distribute 20 Lakh Seed Kits Of Pulses

New Delhi, May 6 : The Ministry of Agriculture and Farmers Welfare has formulated a special strategy for the ensuing Kharif 2021 season and has proposed to distribute 20,27,318, almost...

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Covid Slayer: Bharat Biotech\'s BSL-3 Facilities Key To Achieving 700M Doses Production (IANS Special)

By Rohit VaidNew Delhi, April 29 : Biotechnology major Bharat Biotechs BSL-3 (Biosafety Level-3) facilities will play a pivotal role in empowering the companys plans to ramp-up production of Indias...

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Lenskart Acquihires DailyJoy, To Hire Over 100 In 6 Months

New Delhi, April 27 : Eye-wear brand Lenskart on Tuesday said it has acqui-hired essential delivery startup DailyJoy along with opening a technology centre in Hyderabad that will provide employment...

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IACC Urges US To Provide Raw Material For Vax To India

Hyderabad, April 26 : The Indo American Chamber of Commerce (IACC), the apex bi-lateral chamber synergizing India-US economic engagement, has urged the US authorities to provide raw material required to...

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TN Hoteliers Want \'oxygen\' To Breathe As Night Curfew \'choking\' Business

By Venkatachari JagannathanChennai, April 21 : With nearly 50 per cent of the business gone since the outbreak of coronavirus and the lockdown last year, the night curfew and ban...

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Kisan Rail Transports 1st Load Of Telangana Mangoes To Delhi

Secunderabad, April 13 : For the first time, mangoes from Telangana are being transported to Delhi by Kisan Rail.On Tuesday, a total of 476 tons of mangoes were loaded in...

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Brokerage Firm Upstox Hacked, 25-30 Lakh Users\' Data At Risk (Lead)

New Delhi, April 12 : Digital stockbroking firm Upstox, one of the official partners of the Indian Premier League (IPL), has admitted a data breach, saying that the financial details...

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`Hotel Banquet, Meeting Curbs Should Be Commensurate With Venue Size\'

Chennai, April 12 : Requesting the Tamil Nadu government for relaxation or waiver of statutory payments, the Federation of Hotel and Restaurant Associations of India (FHRAI) also urged the former...

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Amazon India To Cover Covid-19 Vaccine Cost For 10 Lakh People

New Delhi, April 12 : As individuals above 45 years of age in the country can now get Covid-19 vaccines, Amazon India on Monday said that it will cover the...

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BYJU\'S Raises $455 Mn Led By Baron Funds As Part Of $1B Round

New Delhi, April 12 : Leading ed-tech company BYJU’S has raised $455 million from investors that include Baron Funds and Facebook cofounder Eduardo Saverin’s B Capital Group, as part of...

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76% Growth In Digital Payments In India In Last 12 Months (Ld)

Bengaluru, April 12 : Online transactions saw a healthy growth of 76 per cent in the first quarter of 2021 as compared to 2020, as tier 2 and 3 cities...

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Govt To Frame New Electricity Policy

New Delhi, April 12 : The Power Ministry has set up an expert panel to prepare the Draft National Electricity Policy 2021. The Central government, from time to time, in...

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India Sees 76% Growth In Digital Payments In Last 12 Months

Bengaluru, April 12 : Online transactions in the first quarter of this year saw a growth of 76 per cent in the first quarter of 2010 as compared to 2020,...

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Microsoft To Buy Speech-recognition Firm Nuance For $16B: Report

San Francisco, April 12 : Microsoft is reportedly acquiring speech-recognition company Nuance Communications for nearly $16 billion and the deal could be announced on Monday (US time), the media reported....

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Amazon \'Mentor Connect\' Programme For Startups Launched

Bengaluru, April 11 : Amazon India on Sunday announced the launch of its “Mentor Connect” programme for thousands of startups and emerging brands. Introduced ahead of ahead of the company’s...

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72mn Households Worldwide To Own 8K TV By 2025: Report

San Francisco, April 11 : The adoption of 8K TV will begin to build momentum over the next few years, reaching 72 million households worldwide by 2025, a new report...

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Lenovo Leads Global PC Market In Q1 2021, HP 2nd

New Delhi, April 11 : Lenovo led the global traditional PC market (including desktops, notebooks, and workstations) in the first quarter of 2020 with 24.3 per cent share, as the...

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3 IPhone 12 Phones Contribute To 71% Of Apple Sales In Jan

New Delhi, April 11 : Three iPhone 12 series smartphones (12, 12 Pro and 12 Pro Max) have contributed to 71 per cent of Apples total sales for the month...

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Chinese Companies To Grab Top 3 Spots In TV Panel Shipments

Seoul, April 10 : Chinese companies are forecast to occupy the top three positions in the global TV panel market this year, with BOE leading with 65.2 million units, followed...

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Apple Likely To Use 120Hz ProMotion Display In \'iPhone 13\' Lineup

San Francisco, April 10 : The next-gen iPhone 13 Pro lineup will reportedly come with 120Hz ProMotion display for the first time. According to AppleInsider, low-temperature polycrystalline oxide (LTPO) displays...

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China Slaps Record $2.7B Fine On Jack Ma\'s Alibaba

Beijing, April 10 : Taking its war against Jack Ma-founded empire to a serious level, Chinese regulators on Saturday slapped a record fine of 18.2 billion yuan ($2.8 billion) on...

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Risky Assets Will Benefit In Next 100 Days Of Biden Admin: JP Morgan

By Nikhila NatarajanNew York, April 10 : Global investment analysts at a closed door JP Morgan huddle are betting that “risky assets” will cruise, market volatility will decline, asset bubbles...

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Amazon Workers Vote Against Alabama Union Drive

San Francisco, April 9 : Amazon appears to have defeated a major union drive as preliminary tally on Friday suggests that workers at a warehouse in Alabama voted against forming...

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Sony Launches BRAVIA X80J Google TV Series In India

New Delhi, April 9 : Sony India on Friday unveiled all-new X80J Google TV series with 4K Ultra HD LED display at Rs 1,30,000. The new X80J TV series is...

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Yogi Opts For RBI\'s E-Kuber System For Payment Disbursement

Lucknow, April 9 : To ease government transactions and improve transparency and efficiency, the Yogi Adityanath government has decided to implement the e-Kuber system of RBI to disburse government funds...

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Hyundai Expands Key Plant Suspension On Chip Shortage

Seoul, April 9 : Hyundai Motor said on Friday it will temporarily suspend another domestic plant next week due to an electronic parts shortage. Hyundai will halt the operation of...

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Number Of Multi-millionaires In Hong Kong Reaches New High

Hong Kong, April 9 : A survey released by Citibank Hong Kong showed that the number of multi-millionaires in Hong Kong has reached 515,000, up 2.18 per cent compared with...

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Gupshup Enters Unicorn Club With $100 Mn Funding

New Delhi, April 8 : Adding another unicorn to the Indian growth story, enterprise messaging platform GupShup on Thursday said it has raised $100 million from Tiger Global at a...

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T-Fiber Project To Cover All Municipalities Across Telangana

Hyderabad, April 8 : Telangana’s Minister for Information Technology and Municipal Administration K.T.Rama Rao on Thursday directed officials to expand the Telangana Fiber Grid (T-Fiber) project to all the municipalities...

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More Indian SMBs Shut Up Shop Amid Ongoing Pandemic: Facebook

New Delhi, April 8 : As small businesses around the world still struggle to cope with the ongoing pandemic amid vaccine roll-out, small and medium businesses (SMBs) in India have...

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Driven Exports Worth $3B, Created 1M Jobs In India: Amazon

Bengaluru, April 8 : Providing a glimpse of its growth in the India market, Amazon on Thursday said that it has digitised 25 lakh MSMEs, enabled cumulative exports worth $3...

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Avanti Finance Raises Rs 195cr In Debt And Equity

Bengaluru, April 8 : Bengaluru-based Avanti Finance, a technology led non-banking financial company (NBFC), has raised $26 million (nearly Rs 195 crore) in debt and equity from Oikocredit, Nomura and...

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Uber Announces $250mn Stimulus For Drivers

San Francisco, April 8 : With nearly 30 per cent of the population in the US now receiving at least one dose of the Covid-19 vaccine, ride-hailing major Uber has...

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ShareChat, Moj Raise Rs 3,726 Cr, Join Unicorn Club

New Delhi, April 8 : Mohalla Tech, the parent company of leading short video app Moj and vernacular social media platform ShareChat, on Thursday said it has raised $502 million...

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Retail Sector Revives Hiring As 2nd Covid Wave Haunts India

New Delhi, April 8 : As the second Covid wave begins to haunt us, a new report said on Thursday that apart from the IT-software industry, retail sector that was...

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