Business news
- Business
LIC can be converted into composite insurer merging 4 PSU general insurers with it
Chennai: With the Central government proposing to allow composite insurers, the four public sector general insurance companies can be merged with the Life Insurance Corporation of India (LIC) is one of the…
- Business
RBI’s inflation control measures turn home loan EMIs inflationary
Chennai: Even as the Reserve Bank of India (RBI) is hiking repo rate to control inflation, home loan borrowers will see their equated monthly instalment (EMI) turning inflationary, say in a month’s…
- World
Musk briefly loses world’s richest man’s title to Bernard Arnault
San Francisco: Twitter owner Elon Musk briefly lost his position as the world’s richest man to Bernard Arnault, the chief executive of luxury brand Louis Vuitton’s parent company LVMH on Wednesday. According…
- Business
35,000 customers in North Carolina without power after substation sabotage
Washington: Tens of thousands of customers in the US state of North Carolina remain without power days after substations in Moore County were attacked and vandalised. Duke Energy said on Tuesday that…
- Business
Germany arrests 25 accused of coup
Berlin: Twenty-five people have been arrested in raids across Germany on suspicion of plotting to overthrow the government. German reports say the group of far-right and former military figures planned to storm…
- Business
RBI hikes repo rate by 35bps, to continue battle against inflation
Chennai: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) on Wednesday in a 5:1 decision increased the repo rate by 35 basis points (bps) to 6.25 per cent to contain…
- Technology
Myntra’s EORS 17 to cater to 5 mn shoppers with 17 lakh styles from Dec 10-16
Bengaluru: The 17th edition of Myntras biannual End of Reason Sale (EORS) is set to cater to 5 million shoppers with a whopping 17 lakh styles across leading fashion, beauty and lifestyle…
- Business
No scientific evidence that e-cigarettes are less harmful: Health experts
New Delhi: The growing use of e-cigarettes or ENDS (Electronic Nicotine Delivery Systems), also known as vaping devices, has become a cause of great concern globally as well as in India. The…
- Business
Paid Telegram Premium service tops 1 mn subscribers: CEO
New Delhi: Telegram Founder and CEO Pavel Durov on Wednesday said that the paid Telegram Premium, which we introduced just five months ago, has surpassed 1 million subscribers. Telegram in October reduced…
- Business
Continuing battle against inflation, RBI hikes repo rate by 35 bps
Chennai: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) on Wednesday in a 5:1 decision increased the repo rate by 35 basis points (bps) to 6.25 per cent to contain…
- Business
Tim Cook, Joe Biden plan ‘make in America’ chips at TSMC plant
San Francisco: In their bid to cut the dependency on China amid the supply chain turmoil, US President Joe Biden and Apple CEO Tim Cook have announced plans to start using chips…
- Technology
Microsoft to train, certify over 1 lakh Indian software developers in a month
New Delhi: IT company Microsoft will train and certify over 1 lakh software developers in India in a month under its pan-India “Future Ready Champions of Code” program, the company said on…
- 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…
