Business
-
With 950 billionaires, Asia outnumbers all other regions
Tokyo: When it comes to the number of billionaires by region, Asia now has 951 outnumbering all other regions. North America has 777 billionaires and Europe, 536. A region-by-region analysis of assets…
-
Sensex, Nifty rebound over 2 pc amid relief rally in global markets
Mumbai: Benchmark indices Sensex and Nifty bounced back on Tuesday to close over 2 per cent higher amid positive trends in global equity markets. The 30-share BSE Sensex spurted 1,276.66 points or…
-
Slow recovery of low income households slowed down India’s economic recovery
Chennai: The slow economic recovery of the low income households post Covid-19 pandemic has resulted in the overall economic recovery of the country, said Kotak Securities Ltd. In a research report, Kotak…
-
Bajaj Electronics IPO to remain open till October 7
Mumbai: The Initial Public Offering (IPO) of Electronic Mart India Limited (EMIL), (Bajaj Electronics) will remain open till October 7. The price band for a share of EMIL has been fixed at…
-
Samsung may unveil affordable Galaxy A54 next year
Seoul: South Korean tech giant Samsung is reportedly working on a new affordable Galaxy A-series smartphone that will likely sport a 50MP primary camera sensor. According to GizmoChina, the device is currently…
-
Rupee falls 49 paise against US dollar
Mumbai: Increasing crude prices and demand for dollars resulted in Indian rupee falling by 49 paise to touch Rs 81.89 against the greenback. The crude prices increased with oil producers indicating lowering…
-
CNG price shoots up by Rs 6 to Rs 86/kg; PNG up by Rs 4 to Rs 52.50/SCM
Mumbai: City gas utility Mahanagar Gas has increased the retail price of compressed natural gas (CNG) and piped natural gas (PNG) by Rs 6/kg and by Rs 4/ SCM respectively in and…
-
Rupee declines by 42 paise to 81.82 against dollar on spike in crude oil
Mumbai: The rupee fell by 42 paise to close at 81.82 against the US dollar on Monday, snapping its two-session gaining streak as heavy selling in domestic equities and a spike in…
-
India’s GDP growth to decline to 5.7 pc in 2022: UNCTAD
United Nations: India’s economic growth is expected to decline to 5.7 per cent this year from 8.2 per cent in 2021, a top UN agency projected on Monday, citing higher financing cost…
-
PayU calls off $4.7 bn acquisition of Indian fintech major BillDesk
New Delhi: In a significant move, PayU (owned by Prosus) on Monday called off the $4.7 billion acquisition of Indian digital payments provider BillDesk, saying that “certain conditions precedent were not fulfilled”…
-
LG unveils world’s largest OLED TV at US trade show
Seoul: LG Electronics said it has showcased the world’s largest organic light-emitting diode (OLED) TV at the latest trade show in the US in a bid to target the premium TV market…
-
Lava launches its 1st 5G phone, to be priced around Rs 10k
New Delhi: Homegrown smartphone brand Lava International on Monday launched its of first 5G smartphone – Lava Blaze 5G – for its consumer in the country, which is likely to be priced…
-
Protest intensifies in TN’s Kancheepuram against airport project at Parandur
Chennai: Protests against the proposed airport at Parandur have intensified in Tamil Nadu’s Kancheepuram district with the grama sabha meeting passing a resolution against it. The resolution was passed by Ekanpuram villagers…