Business

  • Uber exploring autonomous bikes, scooters option

    San Francisco: Resuming its self-driving programme, global ride-sharing major Uber has hired a “micro-mobility robotics” team to work on autonomous bikes and scooters. The company is working to develop electric scooters and…

  • India should be an APEC member: Australian Shadow Trade Minister

    New Delhi: With trade becoming fundamental for global peace and stability and preventing the US-China kind of trade wars, it is vital to push for an Indo-Pacific free trade zone like the…

  • China’s economic growth rate slowest since 1990

    Beijing: China’s economy grew 6.6 percent in 2018, the weakest annual performance since 1990, confirming a slowdown in the world’s second-largest economy that could threaten global growth, according to official data on…

  • Sensex opens higher then trades flat

    Mumbai: The Sensex and Nifty on Monday traded on a flat note after opening marginally higher. The financial and industrial stocks slipped in the red while the energy sector gained. The Sensex…

  • SBI raises US $1.25 billion funds through bonds from overseas market

    Ahmedabad: SBI Chairman Rajnish Kumar on Saturday said that India’s largest public sector lender has raised the US $ 1.25 billion through bonds from the overseas market. Kumar said: “State Bank of…

  • CBDT refutes media reports about en masse issuance of prosecution notices to TDS defaulters

    New Delhi: The Central Board of Direct Taxes (CBDT) on Sunday refuted reports regarding en masse issue of prosecution notices to small companies for TDS default, terming them as “completely misleading and…

  • Tokyo stocks open higher on Wall St gain, lower yen

    Tokyo: Tokyo stocks opened higher on Thursday with investor sentiment buoyed by gains on Wall Street and a lower yen. The benchmark Nikkei 225 index rose 0.52 percent or 105.36 points to…

  • Hong Kong stocks extend gains at open

    Hong Kong: Hong Kong stocks rose in the first few minutes of trade on Thursday, building on the previous two days’ gains, after a positive start to the US corporate reporting season.…

  • Tokyo stocks open higher on US-China trade rumours

    Tokyo: Tokyo stocks opened higher on Friday, tracking gains on Wall Street as investors took heart from a report the US could lift trade tariffs on China. The benchmark Nikkei 225 index…

  • Hong Kong stocks rally into break on trade hopes

    Hong Kong: Hong Kong stocks rose almost one percent in the morning session Friday, in line with a global advance after a report said the US was considering lifting tariffs on China…

  • 2019: A propitious year for the real estate market

    New Delhi: The year 2018 has been a resuscitating year for real estate in our country. Housing sales have shown an emergence in its sales with the preoccupation of the real estate…

  • Mercedes-Benz India sales volumes grows by 1.4%

    Pune: Luxury car maker Mercedes-Benz India’s 2018 sales volumes inched up by 1.4 per cent amidst strong macro-economic headwinds in the second half of the year. According to the firm, sales increased…

  • HDFC Bank’s Q3 net profit up 20%

    Mumbai: HDFC Bank on Saturday reported a 20.32 per cent increase in its net profit for the October-December quarter, on a year-on-year basis. Its net profit for the third quarter (Q3) of…

  • Government forms GoM for GST issues in real estate

    New Delhi: The Centre on Tuesday constituted a seven-member Group of Ministers (GoM) to look into Goods and Services Tax (GST)-related issues of the real estate sector. Nitin Patel, the Deputy Chief…

  • US stocks trade higher amid trade prospects

    New York: US stocks traded on an upbeat note on Friday amid growing expectations on potential progress in trade talks between the United States and its trading partners. The Dow Jones Industrial…

  • US dollar rises on China-US trade optimism

    New York: The US dollar rose as optimism on China-US trade relations lifted the investor sentiment. In late New York trading on Friday, the euro decreased to $1.1369 from $1.1390 in the…

  • US stocks rally amid trade optimism, economic data

    New York: US stocks rose as Wall Street became more optimistic about potential progress in trade negotiations between Washington and its key trading partners while digesting some key economic data. The Dow…

  • US stocks rise again on hopes of trade deal

    New York: Wall Street stocks pushed higher on Friday as optimism over a potential US-China trade agreement offset mixed earnings reports from Netflix and others. About 35 minutes into trading, the Dow…

  • Equity market gains 1% on easing trade tension, inflation

    Mumbai: Sensex and Nifty gained over 1 per cent during the week ended Friday over easing trade tension and expectations of a rate cut by the Reserve Bank of India in its…

  • Tata Motors Group global sales down 14% in December

    New Delhi: Tata Motors on Friday reported a 13.9 per cent decline in its global wholesales in December 2018 including Jaguar Land Rover. “The Tata Motors Group global wholesales in December 2018,…

  • Gahlaut Buildcon ventures into the entertainment sector

    New Delhi: With spanking hold in real estate world, Gahlaut Buildcon is now all set to take up entertainment industry by storm with its venture Gahlaut Entertainment Private Limited. The founder and…

  • Ozone Group launches convertible homes

    New Delhi: Ozone Group, the pioneer of lifestyle living, is excited to introduce the concept of Convertible Homes to the Chennai Market for its value home buyers. These revolutionary space-saving convertible homes…

  • Centre dismisses two PNB Executive Directors

    Chennai: The Central government has removed two Punjab National Bank (PNB) Executive Directors — Sanjiv Sharan and K.Veera Brahmaji Rao — for the lapses in the Rs 13,500 crore fraud allegedly perpetrated…

  • redBus, goibibo partner with Acko to offer customized insurance products

    New Delhi: New age insurance company, Acko General Insurance Limited has announced a strategic tie-up with Ibibo Group to offer customized travel insurance products to users of redBus and GoCabs. redBus, India’s…

  • UnDiscover Australia with Parineeti Chopra

    New Delhi: Cricket is a shared passion between India and Australia and with India’s cricket tour of Australia taking center stage for the past three months, the spotlight has firmly shone on…

  • US Freedom Capital co-hosted a panel discussion with Phillip Capital on global investments

    New Delhi: US Freedom Capital, a global investment firm partnered with Phillip Capital, a financial house headquartered in Singapore, to host a panel discussion on global investments. The discussion, hosted over breakfast,…

  • Merck Foundation calls for applications for media recognition awards 2018 to eliminate infertility stigma

    New Delhi: Merck Foundation, the philanthropic arm of Merck KGaA Germany in partnership with H.E. REBECCA NAA OKAIKOR AKUFO-ADDO, The First Lady of Ghana and Ambassador of Merck More Than a Mother…

  • Sensex, Nifty ends flat; healthcare stocks fall 2%

    Mumbai: Mixed global cues, weakness in the Indian currency and heavy selling in the healthcare and finance stocks dragged the key equity indices on Friday, with Sensex and Nifty ending flat with…

  • Sensex, Nifty trade flat as index heavyweights lose

    Mumbai: Amid broadly positive global cues and selling in index heavyweights, major Indian equity indices traded flat during Friday’s afternoon trade session. Except for energy, oil and gas sector on BSE all…

  • China lowers 2017 GDP growth

    Beijing: China has lowered its final 2017 GDP growth from 6.9 per cent, announced initially, to 6.8 per cent, the National Bureau of Statistics of China said on Friday. China calculates its…

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