Business news
- Business
Over two-month deadlock between truckers, Adani Group ends in Himachal
Shimla: The over two-month deadlock between the transporters and the Adani Group, which owned two major cement plants in Himachal Pradesh, ended on Monday with both agreeing on the freight rate. With…
- Business
India’s GDP growth in FY23 to be 7%, FY24 at 6%: Acuite Ratings
Chennai: Credit rating agency Acuite Ratings and Research on Monday reiterated India’s gross domestic product (GDP) growth estimate for FY23 at 7 percent. It also anticipates the economic growth trajectory in FY24…
- Business
Shining outlook for gold in 2023
Chennai: As in 2022, gold is expected to log double-digit gains this year as per indications, said experts. “The yellow metal has already posted over three percent gains in the month of…
- Technology
TRAI directs telcos to improve call services for better 5G experience
New Delhi: The Telecom Regulatory Authority of India (TRAI) has directed telecom service providers to take urgent steps to demonstrate visible improvement in quality of service and quality of experience by consumers,…
- World
San Francisco gets emptier and emptier, Musk finds it ‘tragic’
San Francisco: Tech leaders and internet stars are lamenting that downtown San Francisco’s real estate market has deteriorated and the city is getting “emptier and emptier”, with Elon Musk calling this “tragic”.…
- Technology
Twitter to soon let users adjust algorithm: Musk
San Francisco: Twitter CEO Elon Musk on Saturday said that the micro-blogging platform will provide users the ability to adjust the algorithm to their “closer match”, in the “coming months”. Musk tweeted:…
- Business
RBI issues draft rules for lending, borrowing of govt securities
New Delhi: The Reserve Bank of India (RBI) on Friday issued draft guidelines for lending and borrowing government securities. It is aimed at improving liquidity and price discovery in the market. The…
- Business
India’s forex reserves post biggest weekly fall in 11 months
New Delhi: India’s foreign exchange reserves fell by $8.3 billion to $566.95 billion in the week ended February 10 its biggest weekly fall in 11 months. According to data released by RBI…
- Business
Snapchat crosses over 750 mn monthly active users
San Francisco: Snapchat has crossed over 750 million monthly active users, its parent company Snap announced on Friday. Snap CEO and co-founder, Evan Spiegel, made this announcement at the company’s “Investor Day”.…
- Business
E-Rupee to be piloted by 5 more banks in 9 more cities soon
Mumbai: Five more banks will join the pilot on the central bank digital currency or e-rupee for retail customers and the project will be extended to nine additional cities, the Reserve Bank…
- Business
Sensex rebounds 377 pts, Nifty closes above 17,850 as RBI slows down rate hike
Mumbai: Benchmark Sensex rebounded 377 points while Nifty closed above the 17,850 level on buying in IT, financial and oil stocks after the RBI slowed down the pace of interest rate hikes…
- News
Bharti Airtel Q3 net profit surges 92 pc to Rs 1,588 crore
Delhi: Telecom operator Bharti Airtel on Tuesday reported a 91.5 per cent year-on-year rise in consolidated net profit at Rs 1,588 crore for the three months ended December 2022, helped by competitive…
- Technology
Jio True 5G now available in 236 cities, fastest telco to achieve the feat
New Delhi: Reliance Jio on Tuesday said that its True 5G services have gone live in 236 cities, thus becoming the first and only telecom operator to reach such a wide network…
- Business
India’s economy already 10% more energy efficient than G20 average: IEA
New Delhi: India’s economy is already 10 per cent more energy efficient than both the global and G20 average. India took less time to go from half to full electricity access than…
- Technology
WhatsApp rolls out ability to create avatars on iOS
New Delhi: Meta-owned messaging platform WhatsApp, in its latest update to iOS, has rolled out the ability to create personalized avatars and use them as stickers and profile pictures. Some users may…
