Business
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Rupee jumps 45 paise to close at 74.62 against US dollar
Mumbai: The rupee surged 45 paise to close at 74.62 (provisional) against the US dollar on Monday supported by positive domestic equities and improved risk appetite. At the interbank forex market, the…
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Number of space sector startups more than doubled in 2021: Economic Survey
Chennai: The number of new startups in the space sector more than doubled in 2021 to 47 as compared to the previous year numbers, said India’s Economic Survey that was released on…
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Rupee gains 15 paise to 74.92 against US dollar in early trade
Mumbai: The rupee appreciated 15 paise to 74.92 against the US dollar in opening trade on Monday, supported by the recovery in domestic equities. However, the surge in the rupee was restricted…
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Tesla lost USD 109 bn in single day amid weak outlook for 2022
New Delhi: Despite delivering a record number of cars in 2021, Elon Musk-run electric car maker Tesla lost nearly $109 billion in market valuation in a single day after its fourth-quarter earnings…
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Automakers to suffer from chip, labour shortages amid new Covid surges
New Delhi: With Covid-19 continuing to impact the global economy in its second year, the automotive semiconductor market will experience uneven shortages and tight supply amid labour shortfall, according to a new…
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India’s gold demand skyrockets to 797.3 tons in 2021: WGC
Mumbai: India’s gold consumption surged to 797.3 tonnes in 2021, on the back of recovery in consumer sentiments and pent-up demand post COVID-19-related disruptions and the bullish trend is set to continue…
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Biggest Factor: Union Budget FY23 to chart equities’ course
Mumbai: The Union Budget FY23’s proposals will determine the trajectory of the Indian equities markets during the coming week. Besides, global cues such as the Russia-Ukraine conflict along with domestic quarterly earning…
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Tesla not working on its $25K electric car right now: Musk
San Francisco: Tesla CEO Elon Musk has confirmed that its electric vehicle company is not working on its previously announced $25,000 electric car right now because it has “too much on its…
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How Musk’s SpaceX rocket will deliver a crater on Moon on March 4
New Delhi: On March 4, Moon will get a fresh crater thanks to a chunk of a SpaceX rocket that blasted off seven years ago and was abandoned in space after completing…
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Apple’s holiday iPhone sales surge despite supply shortages
San Ramon: Apple shook off supply shortages that have curtailed production of iPhones and other popular devices to deliver its most profitable holiday season yet. The results posted Thursday for the final…
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Equities settle marginally low, Nifty bank, auto top losers
New Delhi: After a substantial rebound in the morning session primarily due to value buying at lower levels, the Indian equities settled a tad low on Friday. The losses in the indices…
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Get Catalyzed- Digital Marketing Agency plunge into Indian Waters
New Delhi: After working on over 150 projects with 50+ brands and individuals across 20 nations, a Jaipur-based digital marketing agency Get Catalyzed is all set to get into the lucrative Indian…
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Samsung tops global smartphone market in 2021 with 271 mn units
New Delhi: The global smartphone market grew for the first time since 2017, with annual shipments reaching 1.39 billion units in 2021, with Samsung leading the pack with 271 million units, a…
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Google to invest USD 1 bn in Airtel; to buy 1.28 pc stake for USD 700 mn
New Delhi: Internet giant Google will invest USD 1 billion in telecom major Bharti Airtel which includes equity investment as well as a corpus for potential commercial agreements, to be identified and…
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Tesla quietly unveils fleet of new electric trucks: Report
San Francisco: Elon Musk-owned electric vehicle company Tesla has quietly unveiled a fleet of new ‘Tesla Semi’ electric trucks as part of its new financial result report. However, there is no word…