Business news
- Business
Now travel across 184 nations with 1 Airtel ‘World Pass’ data roaming pack
New Delhi: Airtel on Tuesday launched a ‘World Pass’ traveller data roaming pack that works seamlessly across 184 countries. The ‘Airtel World Pass’ data pack starts from Rs 649 for one day…
- Business
World Bank upgrades India’s GDP growth to 6.9% for current fiscal
New Delhi: The World Bank on Tuesday expressed optimism that India’s real GDP would grow at 6.9 per cent in the current fiscal, an improvement from its previous projection of 6.5 per…
- Business
Demand for moderate rate hike by RBI voiced
Chennai: With the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) expected to revise upwards the interest rate on Wednesday, industry players are voicing out for a moderation. The MPC has…
- Business
Digital transformation spending in India to reach $85 bn by 2026
New Delhi: The digital transformation (DX) spending in India is likely to reach $85 billion by 2026 as firms in the country aim to reduce the costs by increasing efficiency, improving security/risk…
- Business
Coal production rose to 75.87 mn tonnes in Nov
New Delhi: India’s total coal production went up by 11.66 per cent to 75.87 million tonnes in November 2022 from 67.94 million tonnes recorded during the corresponding period of last year. According…
- Technology
UPI transactions see 650% rise at semi-urban, rural stores: Report
New Delhi: The unified payments interface (UPI) transactions witnessed a meteoric 650 per cent rise at the semi-urban and rural stores in India this year, a report showed on Tuesday. There was…
- Technology
Musk converts several rooms at Twitter HQ into bedrooms for employees
San Francisco: After his call to either be “extremely hardcore” at work or quit, Elon Musk has converted rooms at Twitter headquarters in San Francisco into small bedrooms, featuring unmade mattresses, drab…
- Technology
Uber Eats to pay millions for listing US restaurants without consent
San Francisco: Ride-hailing major Uber will pay millions of dollars as settlement with the City of Chicago in the US for listing local restaurants in food delivery apps Uber Eats and Postmates…
- Business
Closed down Coke factory property to be given to Kerala govt, protesters up in arms
Thiruvananthapuram: The Plachimada Struggle Solidarity Committee, which through its long drawn struggle saw to the closure of the Coca-Cola factory in Palakkad district in 2004, is getting ready for another battle with…
- Technology
After iPhones, Apple now plans to shift some iPad production to India
San Francisco: As Apple plans to shift more iPhone production away from China to India, it is now reportedly looking to also move the production of some iPads to India to keep…
- Business
Rupee falls 52 paise to close at 81.85 against US dollar on forex outflows, firm crude
Mumbai: The rupee pared its initial gains to settle down by 52 paise at a nearly two-week low of 81.85 against the US dollar on Monday weighed down by weak domestic markets,…
- Business
Air India leases 12 more aircraft to enhance operations
New Delhi: Air India on Monday announced the lease of six Airbus A320neo narrow body aircraft and six Boeing B777-300 ER widebody aircraft to further augment its existing fleet. These aircraft are…
- Business
Oil prices rise as cap set Russian crude
London: Oil prices rose on Monday following an agreement by the G7 group ofnations and its allies to cap the price of Russian oil at $60 a barrel, BBC reported. Brent crude…
- Business
HealthifyMe sacks 150 employees amid lacklustre growth
New Delhi: Leading AI health and fitness platform HealthifyMe has sacked at least 150 employees as the company’s growth did not “keep pace with expectations and hiring”. The company has a physical…
- Business
FTX CEO unlikely to testify at US House Committee hearing on Dec 13
San Francisco: Sam Bankman-Fried (SBF), the CEO of now bankrupt crypto exchange FTX facing charges of swindling billions of dollars, said he is not prepared to testify before a US Congress committee…