Business
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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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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…
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Advocacy groups seek to block Musk’s Twitter deal
San Francisco: Nearly a dozen advocacy groups have launched a new campaign against Elon Musk to block his $44 billion takeover deal, as the micro-blogging platform said the waiting period for the…
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Gaming platform WinZo sues Mobile Premier League over copyright violation
New Delhi: India’s largest vernacular gaming platform WinZo has filed a lawsuit in Delhi High Court against gaming unicorn Mobile Premier League (MPL) over alleged copyright violation. WinZo said in a statement…
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Rupee pares initial gains, settles 6 paise lower at 77.66 per USD
Mumbai: The rupee pared initial gains and settled 6 paise lower at 77.66 against the US dollar on Friday, in line with a muted trend in domestic equities. Forex traders said persistent…
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Forex reserves up by USD 3.854 bn to USD 601.363 bn
Mumbai: The country’s foreign exchange reserves increased by USD 3.854 billion to USD 601.363 billion in the week ended May 27, according to RBI data. In the previous week, the reserves rose…
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Pinterest acquires AI shopping startup ‘The Yes’
New Delhi: Photo sharing social media platform Pinterest has acquired AI-powered shopping startup ‘The Yes’ for an undisclosed sum. THE YES was founded in 2018 by CEO Julie Bornstein, an ecommerce and…
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New York halts Bitcoin mining for 2 years, ‘grim day’ for Blockchain
New York: In bad news for Bitcoin and Blockchain lovers, the New York State on Friday passed a bill to halt new permits for certain fossil fuel power plants to be used…