Business
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Go First cancels all flights till May 12
New Delhi: Cash-strapped airline Go First on Friday said it has cancelled all its flights till May 12. The Wadia group-owned carrier has filed a plea for voluntary insolvency resolution proceedings before…
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India’s foreign exchange reserves rise to $588.78 billion
New Delhi: India’s foreign exchange reserves increased marginally by $4.53 billion to $588.78 billion during the week ending April 28, according to Reserve Bank of India data released on Friday. As per…
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Paytm logs Rs 7,990 cr revenue in FY23, becomes India’s highest earning new-age firm
New Delhi: Leading payments and financial services company Paytm on Friday announced an impressive growth in its fourth quarter of FY23, ending the financial year on a high note. In Q4 FY23,…
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Apple set quarterly record in India, country at a tipping point: Tim Cook
New Delhi: Apple set a quarterly record in the January-March period in India and grew very strong, in double digits year-over-year, said Tim Cook, the company’s CEO who was in India last…
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Another US regional bank First Horizon’s stock tumbles after merger collapses
New York: First Horizon and TD Bank have called off a $13 billion deal that would have formed Americas sixth-largest bank, adding to the turmoil sweeping the countrys regional lenders, a media…
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India to become 50% non-cash economy in consumption in 3 years
New Delhi: India is expected to become a 50 per cent non-cash economy in consumption in the next three years, with person-to-merchant digital transactions reaching over $1.5 trillion by FY26, a report…
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Achieving net zero target by 2070 would need reduction in energy intensity: RBI report
New Delhi: India’s goal of achieving the net zero target by 2070 would require an accelerated reduction in the energy intensity of GDP by around 5 percent annually and a significant improvement…
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Hyderabad: Odisha inks pact with ICRISAT to develop agri marketing network
Bhubaneswar: The Odisha State Agricultural Marketing Board (OSAM) under the cooperation department of Odisha government on Tuesday signed an agreement with International Crops Research Institute for the Semi-Arid Tropics (ICRISAT), Hyderabad, to…
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MediaTek unveils ‘Dimensity 7050’ to power 5G smartphones in India
New Delhi: Chip-maker MediaTek on Tuesday launched a new chipset ‘Dimensity 7050’ to power next-gen 5G smartphones in India. Homegrown smartphone brand Lava becomes India’s first OEM (original equipment manufacturer) to collaborate…
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Apple’s savings account draws nearly $1 bn in deposits in just 4 days
San Francisco: Apple’s new high-yield savings account has drawn nearly $1 billion in deposits in just four days of its launch, the media reported, amid a cascade of US bank failures, the…
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YouTube introduces new ad formats for Shorts
San Francisco: Google-owned YouTube has announced that it is rolling out new ad formats to its short-form feature Shorts. The company said that it is expanding Shorts into its video reach campaigns.…
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Pine Labs joins ICICI Bank to accept digital rupee on its PoS terminals
New Delhi: Merchant commerce omni-channel platform Pine Labs on Tuesday announced the acceptance of digital rupee on its point of sale (PoS) terminals in partnership with ICICI Bank. To begin with, Pine…