Business
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Economic Survey pitches for more FDI from China
New Delhi: Amidst strained ties with China, the pre-budget Economic Survey on Monday made a strong case for seeking foreign direct investments (FDI) from Beijing to boost local manufacturing and tap the…
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WazirX announces $23 mn bounty to recover $234 mn lost in cyber breach
New Delhi: Crypto platform WazirX, which lost a staggering $234 million worth of digital assets in a cyber breach, on Sunday announced $23 million in bounty to recover the stolen funds. The…
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Stock markets see volatility as Biden drops out of US presidential race
New Delhi: With US President Joe Biden dropping out of the 2024 race for the White House, stock markets worldwide, including in Asia, may see a volatile period ahead, experts said on…
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Rupee recovers 5 paise from all-time low to 83.65 against US dollar in early trade
Mumbai: The rupee recovered from its all-time low level and appreciated by 5 paise to 83.65 against the US dollar in early trade on Monday, as the American currency retreated from its…
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Stock markets see volatility as Biden drops out of US presidential race
New Delhi: With US President Joe Biden dropping out of the 2024 race for the White House, stock markets worldwide, including in Asia, may see a volatile period ahead, experts said on…
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PhonePe CEO clarifies comments on Karnataka job quota bill, offers apology
Bengaluru: PhonePe Founder and CEO Sameer Nigam on Sunday clarified his personal comment regarding Karnataka’s draft job reservation bill, saying it was never his intention to insult the state or its people.…
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Commercial vehicle sales surge amid rapid urbanisation, economic growth in India
New Delhi: Driven by friendly government policies, rapid urbanisation and economic growth, sales volumes of commercial vehicles (CV) have nearly recovered to the pre-Covid times, according to Girish Wagh, Executive Director of…
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100 crore new jobs to be created globally in 20 years, India to have 25 pc share
New Delhi: The world is likely to see a huge addition of 100 crore new workers in the global economy in the next 20 years and India will have at least 25…
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UPI adding up to 60 lakh new users every month, global adoption surge
New Delhi: The digital payment growth continues to surge and Unified payments Interface (UPI) is now adding up to 60 lakh new users every month. The stupendous growth in UPI transactions has…
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Reliance Retail Ventures posts revenue of Rs 75,615 cr in Q1 FY25
Mumbai: Reliance Retail Ventures Limited (RRVL) delivered steady performance during Q1 FY25 with revenue of Rs 75,615 crore, up 8.1 per cent year-on-year. The company reported EBITDA at Rs 5,664 crore, which…
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Reliance Industries posts gross revenue of Rs 2.57L crore for Q1 FY25
Mumbai: Reliance Industries on Friday reported quarterly gross revenue of Rs 2.57 lakh crore ($30.9 billion) for Q1 FY25, up 11.5 per cent year-on-year, led by order-to-cash (O2C) on higher oil and…
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China launches new Earth observation satellite
Beijing: China on Friday sent a new Earth observation satellite into space from the Taiyuan Satellite Launch Center in north China’s Shanxi Province. The Gaofen-11 05 satellite was launched at 11:03 a.m.…
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CrowdStrike says single software update behind Microsoft Windows crash
New Delhi: As the Microsoft Windows crash created mayhem globally, cyber-security platform CrowdStrike on Friday said it is actively working with customers impacted by a defect found in a single content update…
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SBI says systems working fine, unaffected by Microsoft outage
Mumbai: Country’s largest lender State Bank of India (SBI) on Friday said its systems are unaffected by the Microsoft global outage. “We are all fine,” its chairman Dinesh Khara told PTI, when…
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Retail sales surge in India amid high disposable incomes, rising consumption
New Delhi: As household consumption expenditure on goods and services surged with rising disposable incomes, the country saw a significant 5 per cent growth in retail sales in the month of June.…
