Business
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Nokia, Ericsson ink multi-year deal with Jio to deploy 5G in India
New Delhi: Handset makers Nokia and Ericsson on Monday announced that they have inked a deal with Reliance Jio to build one of the largest 5G networks in India. Nokia said that…
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UP govt hikes DA of its employees to 38% from July 1, 2022
Lucknow: Ahead of Diwali, the Uttar Pradesh government has announced an increase in dearness allowance and dearness relief of its employees and pensioners from 34 per cent at present to 38 per…
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Gold falls Rs 40; silver declines Rs 594
New Delhi: Gold price in the national capital fell Rs 40 to Rs 50,833 per 10 grams on Monday amid a fall in the precious metal prices in the overseas market, according…
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Builders’ properties worth Rs 270 crore to be auctioned on Nov 3
Greater Noida: The auction of residential, commercial properties of the builders seized so far will be held on November 3 with the most expensive property being of Rs 54 crore and the…
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Increase in crude prices will weaken Indian oil companies: Moody’s
Chennai: A Rs 220 billion one time grant to the three oil marketing companies by the Centre would cover their losses on sales of domestic liquefied petroleum gas (LPG) they still incur…
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FM deserves Phd: Cong on Sitharaman’s dollar strengthening statement
New Delhi: Taking a jibe at Nirmala Sitharaman over her statement that Indian currency is not sliding, the dollar is strengthening, the Congress on Monday said that the Finance Minister qualifies for…
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PM says dedicated banking units to strengthen financial inclusion
New Delhi: Prime Minister Narendra Modi on Sunday dedicated 75 digital banking units (DBUs) across the 75 districts to the nation through video conferencing, stating that it will further financial inclusion and…
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5G services to be rolled out in Odisha by March 2023: Vaishnaw
Bhubaneswar: High-speed 5G services will be rolled out in a few big cities of Odisha by March 2023, Union IT Minister Ashwini Vaishnaw said here on Sunday. Speaking to media persons here,…
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Oppn slams Sitharaman’s remark that rupee has not weakened
New Delhi: Opposition parties on Sunday slammed Finance Minister Nirmala Sitharaman’s remark that rupee has not weakened but it is the dollar that has strengthened, saying she cannot hide the failure of…
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Kia union approves tentative 2022 wage deal amid chip shortage
Seoul: Unionised workers at Kia have tentatively agreed to a wage deal for 2022 amid the extended chip shortage and COVID-19 pandemic, the company has said. Kia’s 30,000-strong union tentatively accepted the…
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Nirmala Sitharaman meets EU Economy Commissioner, discusses India’s G20 presidency
Washington, Oct 14 (IANS) Finance Minister Nirmala Sitharaman on Friday met Paolo Gentiloni, Commissioner of Economy at EU Commission, on the sidelines of IMF-WBG Annual Meetings here. Both the leaders discussed issues…
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Rupee rises 5 paise to close at 82.19 against US dollar
Mumbai: The rupee reversed intra-day losses and closed 5 paise higher at 82.19 against the US dollar on Friday amid a firm greenback overseas and sliding crude oil prices. At the interbank…
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Sensex zooms amid global rebound; closes slightly lower for the week
Mumbai: Equity benchmarks Sensex and Nifty ratcheted higher on Friday, boosted by heavy buying in Infosys, banking and finance stocks amid a rally in global stock markets. After soaring nearly 1,200 points…