Business
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India provides Sri Lanka USD 55 mn credit line for fertiliser imports
Colombo: India has provided a USD 55 million Line of Credit to crisis-hit Sri Lanka for the import of fertiliser, in a bid to help the island nation tide over its worst…
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African Union is India’s fourth largest trading partner
Johannesburg: The African Union is India’s fourth largest trading partner after the United States, China and the United Arab Emirates, propped up by diversification in Indian exports to the continent, a senior…
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Tesla plans 3-way stock split to make its shares affordable
San Francisco: Elon Musk-run Tesla has asked its shareholders to approve a three-way stock split which will make its share more affordable. Tesla stock has jumped 43.5 per cent since the company’s…
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Inquiry into Tesla Autopilot being expanded by US safety officials
San Francisco: After discovering fresh incidences of Tesla’s Autopilot advanced driver assistance system colliding with parked first-responder vehicles, US federal safety officials have “upgraded” their probe. The National Highway Traffic Safety Administration…
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Indices slump sharply on global cues, Sensex tumbles over 1,000 pts
New Delhi: Domestic equity benchmark indices declined further as the session progressed and settled sharply lower on Friday, triggered by strong sell-off in global equities. With Friday’s slump, the indices have declined…
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Majority feel latest moves by RBI would fail to tame inflation
New Delhi: Rising prices caused by shortages, global oil prices and supply chain disruptions have been a matter of concern for a majority of Indians ever since the first lockdown was announced…
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Jeff Bezos, Mukesh Ambani set to battle for IPL media rights
New Delhi: Founder of e-commerce giant Amazon Jeff Bezos and Reliance Industries Limited Chairman Mukesh Ambani is getting ready for another battle. This time they are going to fight for IPL media…
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Okinawa pips Ola Electric to become No 1 electric 2-wheeler brand
New Delhi: Despite the incidents of fire, electric two-wheeler manufacturer Okinawa Autotech has overtaken Ola Electric to become India’s top electric two-wheeler brand. According to the Federation of Automobile Dealers Associations (FADA),…
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Rupee rebounds from record low, spurts 10 paise to 77.68 vs USD
Mumbai: Recovering from its lifetime low, the rupee advanced 10 paise to settle at 77.68 against the US dollar on Wednesday after the RBI raised the interest rate by 50 basis points…
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Indices extend losses; Sensex, Nifty shed over 1% each
New Delhi: Domestic indices on Tuesday extended their losses from the previous session as the overall sentiments still remain cautious amongst investors as they are worried about inflation and benchmark interest rates,…
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World Bank cuts India’s economic growth forecast to 7.5 pc for FY23
Washington: The World Bank on Tuesday cut India’s economic growth forecast for the current fiscal to 7.5 per cent as rising inflation, supply chain disruptions and geopolitical tensions taper recovery. This is…
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RBI’s monetary policy meet: Here’s some of the expectations
New Delhi: Though the RBI’s raising policy rates in the ongoing monetary policy committee meeting is a “no-brainer”, as its Governor Shaktikanta Das said in a recent interview, investors, however, await the…
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Indices start fresh week marginally in red, RBI policy meet outcome in focus
New Delhi: Though the indices narrowed their losses as the day progressed, domestic equity benchmark indices declined marginally in red on Monday as the three-day monetary policy committee meeting of the RBI…
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Unique airport initiatives for a greener India
New Delhi: Passengers flying through Mumbai, Ahmedabad, Thiruvananthapuram, Lucknow, Jaipur, Mangaluru, and Guwahati, were in for a pleasant surprise. Their baggage tags were not the usual paper tags but filled with plantable…
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Ford to invest $4.7bn to improve manufacturing plants
San Francisco: US-based automaker Ford is reportedly planning to invest $3.7 billion to add over 6,200 union jobs to its manufacturing plants in Michigan, Ohio, and Missouri. The automaker also plans to…
