Business
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Sitharaman criticises states seeking more funds, says ‘You Me’ culture won’t work
Chennai: Union Finance Minister Nirmala Sitharaman on Monday criticised states seeking greater funds from the Central government on the basis of the fact that they generated more revenue. Addressing a CNN-News18 Town…
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Flipkart says ‘anomalies’ behind some iPhone 13 order cancellations
New Delhi: After some iPhone 13 buyers went to Twitter to express their frustration of not receiving their devices after placing online orders on Flipkart, the e-commerce platform on Monday said a…
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Investors lose Rs 13.30 lakh cr in four days of market crash
New Delhi: Equity investors’ wealth has tumbled by over Rs 13.30 lakh crore in four days of market plunge amid a sharp sell-off in global markets. Falling for the fourth straight day,…
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Markets warn pound slump could lead UK interest rates to triple by next year
London: The plummeting value of the pound has sent the interest rate on government debts to a 12-year high, with money markets now predicting the Bank of England base rate could almost…
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Sitharaman to review performance of credit schemes for SCs by public sector banks
New Delhi: Union Finance Minister Nirmala Sitharaman will hold a review meeting of public sector banks on Tuesday, where the focus would be on status and performance of their credit and other…
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Markets in free fall; Sensex, Nifty tumble nearly 2%
Mumbai: Benchmark indices fell sharply on Monday, with the Sensex and Nifty tumbling nearly 2 percent each amid weak global market trends and foreign fund outflows. Falling for the fourth straight day, the…
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Apple likely to shun ‘Pro Max’ branding for ‘Ultra’ with iPhone 15
New Delhi: More reports have now surfaced that Apple may replace the current “Pro Max” branding next year with the top-end iPhone 15 series, calling it “Ultra”. The “Pro Max” branding appeared…
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Indian workforce to get average salary hike of 10.4% in 2023
New Delhi: Despite global macroeconomic conditions and rising inflation, salaries in India are likely to increase by 10.4 per cent on average in 2023, compared to an actual increase of 10.6 per…
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Samsung launches credit card in India with 10% cashback on its products 24/7
New Delhi: Samsung India on Monday announced its first-ever credit card in India in partnership with Axis Bank and Visa, that will give customers 10 per cent cashback across all Samsung products…
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Rupee hits new record low of 81.55 against USD
Mumbai: The Indian rupee fell to a new record low of 81.55 against the US dollar on Monday after a sharp uptick in dollar index, dealers said. At the interbank foreign exchange…
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Interpol issues red notice for crypto firm Terraform founder Do Kwon
Seoul: Do Kwon, founder and CEO of Terraform Labs that wiped out investors’ money worth $40 billion, is now wanted by Interpol which has issued a red notice for him. South Korean…
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Musk set to depose before Twitter lawyers ahead of Oct trial
San Francisco: Tesla and SpaceX CEO Elon Musk is set to depose before the Twitter lawyers earlier this week in the $44 billion takeover deal that he has terminated. The deposition is…
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Apple begins manufacturing iPhone 14 at Foxconn plant in India
New Delhi: In a fillip to India’s thrust on local manufacturing, Apple on Monday confirmed it has kicked off the production of new iPhone 14 in India, a first for the tech…
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No let-up in Rupee depreciation; touches another lifetime low
New Delhi : Continuing with the depreciation, Rupee slipped further from the past week’s low and hit another lifetime low on Monday morning. This consistent depreciation follows the ongoing strengthening of the…
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NFT startups shun Apple App Store due to high commission, tough rules
San Francisco: Non-fungible token (NFT) trading startups do not want to sell their offerings through Apple App Store because 30 per cent commission on in-app purchases, and other tough rules, will bleed…
