Business
-
Omicron Blow: Rupee expected to weaken on inflation, infection woes
Mumbai: Likely surge in bond yields along with rising COVID-19 cases are expected to weaken the Indian rupee during the upcoming week. Besides, persistently high energy costs could subdue the rupee bulls.…
-
Musk takes dig at General Motors’ EV sales in Q4
San Francisco: Tech billionaire and Tesla CEO Elon Musk took a dig at US-based automaker General Motors (GM) which sold only 26 EVs during the fourth quarter of 2021. As noted by…
-
‘Banarasi’ mangoes in London, Dubai
New Delhi: For the first time, Banarasi mangoes are being exported to London, Dubai and other parts of the world under Agricultural and Processed Food Products Export Development Authority (APEDA) supervision, according…
-
Equities settle marginally high on Friday; Nifty oil & gas top gainer
New Delhi: The Indian equity indices — S&P BSE Sensex and NSE Nifty50 — settled in the green on Friday. The Sensex and Nifty settled at 59,744 points and 17,812 points, up…
-
Electric two-wheelers’ sales jump 132% in 2021: SMEV
New Delhi: Electric two-wheeler (E2W) sales in India increased by 132 per cent in 2021 on a year-on-year basis, said the Society of Manufacturers of Electric Vehicles (SMEV). Total sales of E2W,…
-
Mozilla pauses crypto donations amid climate impact debate
San Francisco: After facing a backlash, Mozilla, the nonprofit organisation behind the Firefox web browser, has announced to stop taking cryptocurrency donations. Cryptocurrency mining has come under intense scrutiny for its climate…
-
Spread of Omicron to reduce GDP growth in FY22: Ind-Ra
New Delhi: Rising cases of the Omicron variant of Covid-19 and the subsequent curbs will have an adverse impact on India’s Q4FY22 GDP, said India Ratings and Research (Ind-Ra). The rising cases…
-
Tata Power, UPL stocks seen rising in near-term, says Lead Research
Mumbai: Shares of Tata Power and agro-chemicals firm UPL are expected to give healthy returns in the short run, Lead Research said in a report. The research firm recommended investors to buy…
-
BMW India sold 8,876 units in 2021; 34% up YoY and highest in a decade
New Delhi: Automaker BMW’s total sales in India during 2021 were at 8,876 units, which is 34 per cent higher year-on-year and its highest growth in a decade. Of the total, the…
-
Rupee jumps 20 paise to 74.38 against US dollar
Mumbai: The rupee surged 20 paise to close at 74.38 against the US currency on Wednesday, propped up by foreign banks’ dollar sales and fund inflows into domestic equities. At the interbank…
-
Toyota dethrones GM as top-selling automaker in US for 1st time
San Francisco: For the first time since 1931, Detroit-based General Motors has lost the crown of top-selling automaker in the US, handing over the baton to Japanese giant Toyota Motor, as automakers stare…
-
Equities settle in green; Sensex breaches 60K level
New Delhi: After a marginal decline in early trade primarily due to profit booking, Indian equity market traded in the green later in the day and settled higher on Wednesday. Accordingly, Sensex…
-
Rupee gains 10 paise to 74.48 against US dollar in early trade
Mumbai: The rupee appreciated by 10 paise to 74.48 against the US dollar in opening trade on Wednesday, tracking gains in domestic equity markets. At the interbank foreign exchange, the rupee opened…
-
Google acquires cybersecurity startup Siemplify for $500 mn
San Francisco: To bolster its response to ever-growing cyber-attacks, Google has acquired an Israel-based cybersecurity startup ‘Siemplify’ reportedly for $500 million. The startup will be integrated into Google Cloud Platform, especially its…
-
Delhi HC dismisses Future’s plea to end arbitration with Amazon
New Delhi: In a setback to the Future Group, the Delhi High Court on Tuesday dismissed its pleas seeking a direction to a Singapore tribunal to deal with its termination application in…
