Business
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Rupee falls 26 paise to 81.93 against USD on forex outflows
Mumbai: The rupee depreciated 26 paise to close at 81.93 against the US currency on Wednesday due to dollar buying by banks on behalf of importers and rising crude oil prices in…
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Sitharaman inaugurates 400th birth anniversary celebration of Lachit Borphukan
New Delhi: Union Finance Minister Nirmala Sitharaman on Wednesday inaugurated the 3-day celebrations of the 400th birth anniversary of the 17th century Ahom Army General Lachit Borphukan at Vigyan Bhawan in Delhi.…
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FTX collateral crashed down to $8 bn from $60 bn as CEO ‘froze up in face of pressure’
San Francisco: Sam Bankman-Fried (SBF), founder of bankrupt crypto exchange FTX and trading house Alameda Research, “froze up in the face of pressure” as his company collapsed, bringing its collateral down to…
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Wasn’t Twitter supposed to die by now or something, asks Elon Musk
New Delhi: Elon Musk on Wednesday shrugged off the #RIPTwitter hashtag again, saying that the micro-blogging platform under him is actually growing and is not going to die as projected. Despite too…
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Spotify expands audiobooks to countries beyond US
San Francisco: Leading music streaming platform Spotify has announced that it has expanded its audiobooks in more countries. Audiobooks are now also available in the U.K., Ireland, Australia, and New Zealand, the…
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Apple to voluntarily correct unfair commission policy in app market
Seoul: Tech giant Apple has expressed its intention to voluntarily correct its commission policy, which ends up charging more for local app developers, South Korea’s antitrust regulator has said. The move came…
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ASUS launches new desktops with optimised performance in India
New Delhi: Taiwanese tech giant ASUS on Wednesday launched two desktops powered by 12th Gen Intel Core processors with optimised performance for consumers in India. Starting at Rs 54,990 and Rs 65,990,…
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Air India tops list in on-time performance, Go First at bottom
Delhi: Air India turned out to be the most punctual airline in October while Go First was at the bottom in the list of airlines with regard to on-time performance during the…
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India among fastest growing economies in Asia amid global slowdown: OECD
London: India, with a growth rate of 6.6 per cent in this financial year, is among the fastest growing economies in Asia amid a global slowdown triggered by a massive energy shock…
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Sensex rebounds after 3 days of fall as RIL, IT stocks spurt
Mumbai: Equity indices staged a pullback on Tuesday after three days of declines as investors scooped up IT, metal and consumption stocks amid a largely positive trend overseas. A recovery in the…
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Domino’s to roll out electric pizza delivery fleet with Chevy Bolts in US
San Francisco: Pizza restaurant chain Domino’s has announced that it will roll out more than 800 electric pizza delivery vehicles with Chevy Bolts, for electrifying pizza delivery in the US. This month,…
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Meta rolls out new privacy updates for teens on Instagram, Facebook
New Delhi: Meta has rolled out new privacy updates for teenagers on Instagram and Facebook, to protect them from online harm. Starting now, anyone who joins Facebook under the age of 16,…
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Flipkart-Axis Bank credit card to help shoppers earn rewards up to Rs 20K
Bengaluru: Flipkart and Axis Bank on Tuesday launched the ‘Super Elite Credit Card’ for shoppers to earn rewards up to Rs 20,000 on Flipkart, Myntra and Cleartrip. The credit card will offer…
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OYO Q2 profitability to get impacted due to slower budget travel recovery
New Delhi: IPO-bound hospitality tech player OYO has surprised the industry observers by posting a positive EBITDA of Rs 10 crore in the first quarter of FY23 — against the backdrop of…
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Twitter adds 1.6 mn daily active users in 1 week: Musk
San Francisco: Twitter CEO Elon Musk on Tuesday said that the micro-blogging platform has added 1.6 million daily active users in the last week. He tweeted: “Twitter added 1.6M daily active users…
