Business news
- Business
Sensex declines 400 points in early trade; Nifty tests 17,690 level
Mumbai: Equity benchmark indices opened on a muted note on Monday, with the Sensex falling nearly 400 points in early trade, dragged down by index heavyweights Infosys, Reliance Industries and HDFC twins…
- Business
Strong dollar dents India’s foreign reserves, forex down by over $11 bn
Mumbai: Global currency fluctuations, due to a rise in US dollar strength, depleted India’s foreign reserve by over $11.173 billion during the week that ended on April 1. The foreign currency assets…
- Business
Ashneer hits out at BharatPe board members for ‘snatching keys’
New Delhi: Former Co-founder and managing director of BharatPe, Ashneer Grover, on Thursday once again hit at the board members of the fintech company, saying snatching the keys and running a corner…
- Business
HDFC announces merger with HDFC Bank, shares surge
New Delhi: Housing loan major Housing Development Finance Corporation (HDFC) on Monday said its Board has approved merger of its wholly owned subsidiaries HDFC Investments and HDFC Holdings with HDFC Bank. Upon the…
- Business
Gold declines Rs 437; silver tumbles Rs 722
New Delhi: Gold prices declined sharply by Rs 437 to Rs 51,151 per 10 grams in the national capital on Tuesday in line with fall in the precious metal in global markets…
- Business
Ukraine crisis to keep crude prices elevated
New Delhi: Global crude oil prices are expected to further rise as Russian-Ukrainian war drags on. The Russia-Ukraine crisis, as well as robust demand, has led to a global hike in crude…
- Business
Rupee falls 11 paise to 76.35 against US dollar in early trade
Mumbai: The rupee declined 11 paise to 76.35 against the US dollar in the opening trade on Monday following a negative trend in domestic equities amid concerns over fresh foreign capital outflows.…
- Technology
SpaceX raises prices for rocket launches, Starlink satellite internet
San Francisco: Elon Musk’s SpaceX just raised prices for its launch and Starlink internet services because of rising inflation. According to Space News, the company advised customers of its Starlink service March…
- Business
Musk projected to become world’s first trillionaire in 2024
San Francisco: Tesla and SpaceX CEO Elon Musk could become the first person to ever accumulate a $1 trillion net worth, and it could happen as soon as 2024, says a new…
- Business
Equity indices close lower; Nifty, Sensex down 1% each
New Delhi: India’s key equity indices — Sensex and Nifty – widened its opening session losses to settle sharply lower on Monday. Rising crude oil prices amid no signs of settling down…
- Business
Foxconn aims to get 5% of global market share for EV business by 2025
Beijing: Foxconn, the world’s largest electronics contract manufacturer and Apple’s main iPhone supplier, is planning to capture around 5 per cent of the market share globally in the electric vehicles (EV) by…
- Business
Ola Electric to raise e-scooter prices in next purchase window
New Delhi: Ola Electric has announced that it will be raising prices of S1 Pro e-scooters in the next purchase window. The firm is slated to commence the next purchase window on…
- Business
Chinese tech stocks tank over geopolitical risks, COVID lockdowns
Beijing: Covid-19 lockdowns and China’s position on the Ukraine conflict led to tech shares rout on Tuesday, slashing billions of dollars from the likes of Alibaba Group Holding and Tencent Holdings in…
- Business
Elon Musk to resign from Endeavor Board of Directors
Washington: Tesla founder Elon Musk will resign from the board of directors of Endeavor Group Holdings, the Hollywood conglomerate whose properties include the William Morris talent agency and Ultimate Fighting Championship. As…
- Business
Air fares to go sky-high as jet fuel prices surge
New Delhi: Exorbitant jet fuel prices on the back of high crude oil costs are expected to drive up domestic air fares from their current levels. In recent days, fares have risen…
