Business news
- Business
Apple slides as China plans to broaden iPhone ban
New York: Apple shares fell in the early pre-market hours in New York on another report outlining China’s plan to broaden an iPhone ban for certain government departments, state-backed agencies, and firms…
- Business
DGCA grants Air India conditional approval to use simulator
New Delhi: India’s aviation watchdog, the Directorate General of Civil Aviation (DGCA), has granted conditional renewed approval to Air India’s simulator facilities in Mumbai and Hyderabad. This decision enables the airline to…
- Technology
Huawei’s shift to Kirin processors to hurt Qualcomm the most: Top analyst
New Delhi: Chinese smartphone brand Huawei’s new smartphones will fully adopt the new self-developed Kirin processors starting in 2024, a move that will hurt chip-maker Qualcomm the most, according to leading analyst…
- Business
Razorpay’s new UPI Autopay on QR lets you pay in just 30 seconds
New Delhi: Full-stack fintech platform Razorpay in collaboration with NPCI (National Payments Corporation of India) on Wednesday launched ‘UPI Autopay on QR‘ that will transform customer onboarding into a swift two-step process,…
- Business
Rupee falls 33 paise to close at 83.04 against US dollar
New Delhi: The rupee plunged by 33 paise to close at 83.04 (provisional) against the US dollar on Tuesday, tracking a strong American currency and higher crude oil prices. Foreign fund outflows…
- Business
SpiceJet’ Board grants approval for issuance of equity shares
New Delhi: Indian low-cost carrier SpiceJet Ltd said that its Board of Directors’ allotment committee, during its meeting held on Monday, has deliberated upon and granted approval for the issuance of equity…
- Business
US economy added jobs at robust pace last month
Minneapolis: The US economy added 187,000 jobs in August, slightly more than expected, according to data released on Friday by the Bureau of Labor Statistics, a media report said. The monthly job…
- India
Retail inflation expected to start coming down from this month: RBI Governor
Indore: Reserve Bank governor Shaktikanta Das on Friday said the central bank expects retail inflation to start declining from this month. He was referring to the central government’s steps to check prices…
- Business
CCI grants approval for merger of Vistara and Air India
New Delhi: The Competition Commission of India (CCI) granted approval on Friday for the merger between Tata Group’s airlines – Vistara and Air India. This significant development opens the door for Air…
- Business
Tesla cuts prices up to 19%, Model X now qualifies for US tax credit
San Francisco: Elon Musk-run Tesla on Friday reduced prices on the Model S and X electric vehicles, with price drops of up to 19 per cent in the US. People can buy…
- Business
NCLAT permits Go First lessor to inspect leased aircraft
New Delhi: The National Company Law Appellate Tribunal (NCLAT) on Thursday granted permission to Ireland-based lessor Jackson Square Aviation Ltd to inspect its aircraft leased to cash-strapped Go First. This decision follows…
- Business
Global EV sales grow 50%, China market faces slowdown
New Delhi: The global electric vehicle (EV) sales grew 50 per cent (year-on-year) in the second quarter (Q2) this year, as China’s domestic market continued to dominate globally but growth failed to…
- India
India’s GDP growth towers over several economies, says chief economic adviser
New Delhi: Even as the GDP growth for the first quarter of current fiscal stood at 7.8 per cent, a sharp fall from the corresponding period of last year, when it was…
- Business
Australia’s inflation falls to lowest in 12 months
Canberra: Falling produce and fuel prices have eased Australia’s rate of inflation to its lowest level in over 12 months, official data revealed on Wednesday. According to data from the Australian Bureau…
- Business
MediBuddy raises $18 mn for strategic acquisitions, continued expansion
New Delhi: Digital healthcare platform MediBuddy on Wednesday said it has secured additional funding of $18 million from existing investors Quadria Capital, Lightrock and TEAMFund. In February 2022, MediBuddy raised $125 million…