Business
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RBI rate hike on expected line, says Kerala Inc
Kochi: Leading industrialists and bankers in Kerala have welcomed the rate hike decision taken by the Reserve Bank of India’s Monetary Policy Committee (MPC), as they say these measures are timely and…
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Apple plans to build team for its electric car soon
San Francisco: Tech giant Apple is reportedly planning to build a team for its electric car project — Project Titan — before the end of the year. On the microblogging site, analyst…
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SoftBank to trim 30% of workforce at loss-making Vision Fund: Report
Tokyo: Battered by heavy losses, Masayoshi Son-run SoftBank is laying off at least 30 per cent of employees at its loss-making Vision Fund, a media report said on Thursday. Bloomberg reported that…
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Rising price of fruits & vegetables burn holes in customers’ pocket
Noida: With the advent of festive season, the price of vegetables and fruits began increasing in Noida, making it difficult for the residents to strike a proper balance in their daily budget.…
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Rupee rises 33 paise to close at 81.40 against US dollar
Mumbai: The rupee extended its initial gains and settled 33 paise higher at 81.40 against US dollar on Friday, after the Reserve Bank of India raised the benchmark lending rate by 50…
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Ford India inks severance package deal with the Union, announces sign-off bonus
Chennai: Ford India Private Ltd and the Chennai Ford Employees Union (CFEU) on Friday inked the Settlement Agreement or the deal for severance package, said the company. The company has also announced…
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EMIs to rise as RBI hikes interest rate again
Mumbai: Home, auto and other loan EMIs are set to rise further after the RBI on Friday raised the key interest rate by 50 basis points, the fourth straight increase since May,…
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Amazon brings live shopping via content creators to India
Bengaluru: Amazon on Friday rolled out its live commerce feature ‘Amazon Live’ in India where customers can directly interact with content creators and social media influencers and buy products from links provided…
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Cybertruck will ‘serve briefly as boat’, says Elon Musk
San Francisco: Tesla CEO Elon Musk said that the EV maker’s upcoming Cybertruck will “serve briefly as a boat” that will help in crossing rivers and other water bodies. According to Musk,…
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Global app stores sales drop to $31.6 bn in Q3, TikTok breaks record
New Delhi: Global consumer spending on in-app purchases, premium apps, and subscriptions on Apple App Store and Google Play declined by 4.8 per cent (year-over-year) to $31.6 billion in the third quarter…
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Akasa Air uses AI-powered product to make travel affordable
New Delhi: Akasa Air, India’s newest airline, has selected an Artificial Intelligence (AI)-powered product to make air travel affordable by leveraging accurate and real-time airfare data. AirGain by RateGain allows access and…
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GST evasion worth Rs 824 cr unearthed, ICICI Prudential among 15 entities under probe
New Delhi: A Goods and Services tax (GST) evasion worth Rs 824 crore has been detected against 15 insurance companies as well as several non-banking financial companies (NBFCs). According to sources privy…
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Google to shut Cloud gaming service Stadia on Jan 18, 2023
New Delhi: In a shocking news to gaming fans, Google on Thursday announced to shut down its cloud gaming service Stadia, admitting that it hasn’t gained the traction the company had expected.…
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Tesla appoints Airbnb co-founder Joe Gebbia to board
San Francisco: Elon Musk-run Tesla has appointed billionaire and Airbnb Co-founder Joe Gebbia to its board of directors. According to a filing with the US Securities and Exchange Commission (SEC), Gebbia has…
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Karnataka has immense scope for millets, says Sitharaman
New Delhi: Union Finance Minister Nirmala Sitharaman on Thursday emphasised on the immense scope of millets, especially for Karnataka which is a leading producer of the crop, as she said that start-ups…
