Business
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All-electric aircraft prototype takes off on its first flight in US
San Francisco: A prototype of an all-electric airplane, named Alice, took its first flight in central Washington state in the US this week. According to The Seattle Times, the plane took two…
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Centre authorises SBI to issue electoral bonds between Oct 1-10
New Delhi: The State Bank of India (SBI) has been authorised to issue and encash electoral bonds through its 29 branches between October 1-10. This would be the 22nd phase of sale…
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Rupee rises 35 paise to 81.58 against US dollar
Mumbai: The rupee appreciated 35 paise to 81.58 against the US dollar in early trade on Thursday as the American currency retreated from its elevated levels. At the interbank foreign exchange, the…
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Uber rival Lyft freezes all hirings amid economic instability
San Francisco: Ride-hailing platform Lyft has announced to freeze all hirings amid the economic instability and recession fears. The freeze affects all Lyft departments in the US and will last into next…
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Zomato says confident to make profit from inter-city food delivery
New Delhi: Online food aggregator Zomato on Wednesday said that its inter-city food delivery will start making profit even at “a slight scale” amid concerns of the service being a logistical nightmare…
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Virgin Atlantic updates gender identity policy, gives staff choice of uniform
New Delhi: Virgin Atlantic has launched its updated gender identity policy, giving its crew, pilots and ground team the option to choose which of the iconic uniforms, designed by Vivienne Westwood, best…
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Sensex skids for sixth day to close below 57k; metal, banking stocks tumble
Mumbai: BSE benchmark Sensex spiralled lower for the sixth consecutive session on Wednesday to finish below the 57,000-level, weighed by heavy selling in metal, banking and finance stocks amid a sell-off in…
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Essar Oil UK signs offtake agreement with Vertex Hydrogen
London: Essar Oil UK Limited (Essar) has announced that it has signed a Heads of Terms offtake agreement with Vertex Hydrogen (Vertex) for the supply of 280MW plus of hydrogen. The hydrogen…
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EV players welcome govt’s decision to defer stringent EV battery standards
New Delhi: Electric vehicle (EV) players on Wednesday welcomed the government’s decision to defer the implementation of stringent EV battery testing standards, saying it will help Indian battery makers redesign batteries and…
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Russia’s social network removed from App Store globally
Moscow: Apple has removed the iOS apps of VK, the technology conglomerate behind Russia’s version of Facebook — VKontakte — from its App Store globally. According to The Verge, VK said its…
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Users may be at risk as developers are abandoning Android apps: Report
San Francisco: Android apps have been abandoned without an update in more volume than iOS or iPad apps, and that lack of attention can endanger users, says a new report. According to…
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Rupee slides to all-time low of 81.93 against US dollar
Mumbai: The Indian rupee has depreciated to trade at an all-time low of 81.93 against the US dollar after the surge in dollar index, dealers said. At the interbank foreign exchange, the…
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realme brings tech x trendy lifestyle to consumers with realme Design Studio
New Delhi: As India undergoes a not-so-quiet smartphone revolution — as an explosion in feature smartphones is shaking up the market providing multiple options to users — global smartphone brand realme has…