Business news
- Business
RBI unveils measures to check rupee fall; raises overseas borrowing limits for cos
Mumbai: Reserve Bank of India (RBI) on Wednesday raised overseas borrowing limits for companies and liberalised norms for foreign investments in government bonds as it announced a slew of measures to boost…
- Business
Bangladesh’s exports hit all-time high of over $52 bn in FY 2021-22
Dhaka: Bangladesh saw exports soar more than 34 per cent to $52.08 billion in the 2021-22 fiscal year (July 2021-June 2022), official data showed. According to data released on Sunday by the…
- World
US special Envoy for Business Affairs to visit India, Bangladesh, Pakistan
Washington: US Special Representative for Commercial and Business Affairs, Dilawar Syed, will visit India, Bangladesh and Pakistan to build commercial and economic ties in the South Asia region. Taking to Twitter, Syed…
- Telangana
Telangana among top achievers in ease of doing business ranking
New Delhi: Telangana, Andhra Pradesh, and Gujarat are among the seven states categorised as top achievers in the ranking of states and Union Territories based on the implementation of the business reform action…
- Business
Reliance Jio becomes largest fixed line service provider in Gujarat
Ahmedabad: Adding over 4 lakh subscribers in less than three years of its launch, Reliance Jio has become the largest provider of fixed line service in Gujarat, it said on Wednesday. Since…
- Business
Rupee slides 18 paise to close at all-time low of 79.03 against US dollar
Mumbai: Falling for the fourth session in a row, the rupee slid by 18 paise to close at a record low of 79.03 against the US dollar on Wednesday, weighed down by…
- Business
Curd, lassi, cheque books, ink among things to turn costlier
Chandigarh: Coming July 18, 18 per cent Goods and Services Tax (GST) will be applicable on bank cheque book/loose leaf cheques and 12 per cent on maps, atlas, and globes. Similarly, unbranded…
- Business
Indian rupee slips to 78.68 against US dollar
Chennai: The increasing global crude oil prices and inflation concern turned slippery for the Indian rupee as it went down against the US dollar on Tuesday. Further, foreign investors (FII) continued to…
- Business
Ola shuts used car biz, winds up Q-commerce platform Ola Dash
New Delhi: Ride-hailing platform Ola has shut down its used vehicle business Ola Cars as well as Ola Dash, its quick-commerce business, at a time when Indian companies are pouring money into…
- Business
Rupee settles at all-time low of 78.33 against US dollar
Mumbai: The rupee on Friday slipped 1 paisa to close at its all-time low of 78.33 against the US dollar amid growing concerns over aggressive monetary policy tightening by central banks and…
- Business
Zomato acquires 15-minute delivery platform Blinkit for Rs 4,447 cr
New Delhi: Online food delivery platform Zomato on Friday announced it had acquired quick-commerce platform Blinkit for Rs 4,447 crore (about $568 million) in an all-stock deal. Zomato already owned more than…
- Technology
Apple grabs 62% premium market share in Q1 2022
New Delhi: Apple continued to lead the global premium market in Q1 2022, taking 62 per cent market share for the second consecutive quarter, a new report showed on Thursday. This was…
- Business
If Tatas can’t make Air India work, no one else in India can: Emirates President
Doha: It is not easy for an airline to operate in India and if the Tata Group cannot make Air India work, no one else in the country will be able to…
- Business
Rupee drops 15 paise to 78.13 against US dollar
Mumbai: Snapping its three-day rising streak, the rupee declined 15 paise to close at 78.13 against the US dollar on Tuesday as persistent foreign fund outflows and a jump in crude oil…
- Business
Bitcoin falls below $18K, Ethereum down 80% in freezing crypto winter
New Delhi: Leading cryptocurrency Bitcoin dropped below $18,000 per digital coin on Sunday — a massive over 70 per cent drop from its record high of $68,000 in November last year —…
