Business news
- Business
Rupee falls 8 paise to 82.88 against US dollar
Mumbai: The rupee depreciated by 8 paise to close at 82.88 against the US dollar on Thursday, after the US Federal Reserve raised interest rates and maintained a hawkish stance. At the…
- Business
Reliance Capital Committee of Creditors to meet Friday to decide on Challenge Mechanism
Mumbai: The Committee of Creditors (CoC) of Reliance Capital (RCAP) is scheduled to meet on Friday to decide on the newly-introduced clause, Challenge Mechanism, in the final binding process. Notably, bidders like…
- Business
With LVB integrated fully, DBS Bank India focuses on gold loan & MSMEs
Chennai: Growing gold/MSME loan business, launching proprietary credit card and increasing bancassurance tie ups are some of the focus areas of DBS Bank India Ltd, said a senior official. He also said…
- Technology
Our 5G wireless fibre offers great opportunities for India: Qualcomm CEO
New Delhi: The 5G wireless fibre presents significant opportunities in India as the country embarks on a 5G journey with deploying necessary infrastructure, Cristiano Amon, President and CEO of chip-maker Qualcomm has…
- Business
India’s gaming market reaches $2.6 bn with 507 mn gamers
New Delhi: Riding on more than 500 million gamers across mobile, PC and Cloud gaming platforms, India’s gaming market has likely reached $2.6 billion in revenue this year which is expected to…
- Business
Rupee falls 21 paise to close at 82.80 against US dollar
Mumbai: The rupee depreciated 21 paise to close at 82.80 against the US dollar on Wednesday, tracking a muted trend in domestic equities ahead of the release of the US Fed’s policy…
- Business
UPI processes record 7.3 bn transactions in October
New Delhi: The Unified Payments Interface (UPI) platform processed 7.3 billion transactions in the month of October, a record high as India witnessed a bumper festive season. According to the National Payments…
- Business
Rupee rebounds 22 paise to 82.59 against US dollar
Mumbai: The rupee appreciated 22 paise to close at 82.59 against the US dollar on Tuesday amid persistent foreign fund inflows and a weakening greenback overseas. At the interbank foreign exchange market,…
- Business
IndiGo launches direct flights between Indore and Chandigarh
New Delhi: In its bid to strengthen domestic connectivity and offer consumers the ease of taking direct flights to maximum destinations, IndiGo has launched direct flights between Indore-Chandigarh. The ceremony on Tuesday…
- Business
GST collections touch Rs 1,51,718 cr in Oct, 2nd highest since April
New Delhi: The government collected Rs 1,51,718 crore gross GST revenue in October, which is the second highest collection ever after April this year, official data revealed on Tuesday. The monthly GST…
- Business
Bajaj Auto logs lower sales in October
Chennai: Two and three-wheeler major Bajaj Auto Ltd logged lower sales volume last month at 3,95,238 vehicles as compared to the corresponding period previous year. In a regulatory filing on Tuesday, the…
- Technology
Two more senior executives leave Apple: Report
San Francisco: Two more senior Apple executives are reportedly moving on amid some high-profile exits from the company in the recent past. Anna Matthiasson, Vice president of online retail, and Chief Information…
- Business
Q3 2022 gold demand shines in India
Chennai: The demand for gold went up by 14 per cent to 191.7 ton in India during the third quarter of this calendar year, said the World Gold Council (WGC) on Tuesday.…
- Business
Costly imports, Ukraine crisis hit India’s paper supplies
New Delhi: The Ukraine-Russia war has put a strain on global supply chains and while transportation of various commodities have been severely impacted, India’s paper imports were hit to such an extent…
- Business
Musk dissolves Twitter’s board, is now the sole director
San Francisco: Chief Twit Elon Musk has dissolved Twitter’s board of directors after his takeover of the company, according to a US Securities and Exchange Commission (SEC) filing on Monday. Musk, according…