Business
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Ban on broken rice export imposed after recent rise in exports: Centre
New Delhi: The Indian government on Thursday said that the ban on the export of broken rice was imposed after a rise in its exports in the last few months. “The ban…
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Gujarat gets USD 350 mn loan from World Bank for augmenting healthcare services
New Delhi: The World Bank on Thursday said it has approved a USD 350 million (over Rs 2,832 crore) loan to Gujarat for spending towards public healthcare services, focussed specially on adolescent…
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Rupee tanks 83 paise to close at record low of 80.79 on Fed rate hike
Mumbai: The rupee plunged by 83 paise — its biggest single-day loss in nearly seven months — to close at an all-time low of 80.79 against the US dollar on Thursday after…
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Cars should get in-build tech to tame drunk drivers, says US safety board
San Francisco: The National Transportation Safety Board (NTSB) in the US has asked the government to tell automakers to install alcohol impairment detection systems in all new vehicles to detect drunk or…
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Sensex tumbles 337 pts post Fed rate hike; FMCG cos buck trend
Mumbai: Equity benchmarks retreated for the second session on the trot on Thursday, in lockstep with a bearish trend overseas after the US Federal Reserve increased interest rates by 75 basis points…
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RazorpayX, Zaggle to enable employees save up to Rs 40K in tax
Bengaluru: RazorpayX, the neo-banking arm of fintech platform Razorpay, on Thursday partnered B2B software-as-a-service (SaaS) platform Zaggle to enable employees save up to Rs 40,000 more in tax while adhering to the…
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Business disruption, cash flow top risks for Indian firms amid economic slowdown
Mumbai: After economic slowdown, business interruption and cash flow/liquidity risks are the two top risks for Indian companies in the coming years, a new report said on Thursday. While 83.3 per cent…
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Rupee hit new all-time low as dollar index rises 20-year high
Mumbai: The Indian rupee has depreciated to the record low since the morning trade after the dollar index surged to 20-year high and 75 basis points rate hike by the US Fed,…
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India’s Swiggy, Zomato amongst Top 10 global food delivery platforms
New Delhi : Indian food aggregator platforms Swiggy and Zomato have featured in world’s ‘Top 10’ e-commerce-based food delivery companies. A report published by Canada-headquartered global research firm ETC Group titled ‘Food…
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Kia, Hyundai sued in US after TikTok challenge triggered car thefts
San Francisco: Automaker Hyundai and its subsidiary Kia have been sued in the US for a defect in their cars that was exposed in a trending TikTok challenge which resulted in vehicle…
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Mobile phones should take place of tickets sold to passengers: Union Transport minister Gadkari
New Delhi : Emphasising on the need to adapt to new technology and innovations, Minister of Road Transport and Highways Nitin Gadkari suggested on Wednesday that a time was coming when tickets…
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Gold gains Rs 152; silver jumps Rs 333
New Delhi: Gold prices in the national capital rose by Rs 152 to Rs 49,871 per 10 grams on Wednesday, amid a rise in international precious metal prices along with rupee depreciation,…
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Rupee falls 22 paise to close at 79.96 against dollar on forex outflows
Mumbai: The rupee declined by 22 paise to close at 79.96 against the US dollar on Wednesday, tracking the strength of the American currency in the overseas markets and a muted trend…
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Ford India finalises severance package with workers at Chennai plant
Chennai: Ford India Private Ltd, which is shutting down its plant near here, has arrived at a final severance package settlement with the workers union, the company said on Wednesday. According to…