India expected to see normal monsoon rains, could boost crop output
India is likely to see normal monsoon rains in 2022, the state-run weather office said on Tuesday, the fourth straight year of normal or abo...
10-year bond yield rises to 3-week high; GDP data in focus
India's benchmark 10-year bond yield touched a three-week high in early trade on Tuesday, as global crude oil prices rose further raisi...
India sends one more consignment of 40,000 MT of diesel to Sri Lanka
India on Tuesday said it has delivered one more consignment of 40,000 metric tonnes of diesel to Sri Lanka to help ease the acute fuel short...
Cryptoverse: Will you grow old with bitcoin?
Some 27% of Americans aged 18-60 - around 50 million people - have owned or traded crypto in the past six months, a poll published last week...
Sun Pharma shares tumble over 4% post Q4 earnings
Shares of Sun Pharmaceutical Industries fell by over 4 per cent in morning trade on Tuesday a day after the company said its consolidated ne...
Bond yields at 1-week high tracking uptick in global crude prices
India's benchmark 10-year bond yield rose to its highest level in a week on Monday as a rally in global crude oil prices to nearly $120 ...
JSW Steel maintains shipments to Europe without passing on export tax cost
JSW Steel Ltd, will continue to supply products to its buyers in Europe without passing on any increase in costs despite New Delhi's dec...
Who is tech tycoon-turned climate activist Mike Cannon-Brookes
The campaign by Australia’s fourth-richest person to halt the breakup of utility AGL Energy Ltd. is just one of a raft of initiatives and in...
Axis MF says cooperating with regulatory authorities in front-running case
Axis Asset Management has said that it is cooperating with regulatory authorities amid reports of Sebi carrying out 'search and seizure&...
Reliance Jio starts mobile telephony service on Kedarnath trek route in Uttarakhand
https://ift.tt/napJOPX Dehradun, May 30 Badrinath-Kedarnath Mandir Samiti chairman Ajendra Ajay on Sunday inaugurated the mobile and data s...
India heading towards another power crisis in July-August: Report
A lower pre-monsoon coal stock at thermal power plants in India is suggestive of another power crisis in July-August, independent research o...
Do not share Aadhaar photocopy with any organization: UIDAI
UIDAI in an advisory has warned against sharing photocopies of Aadhaar with private organizations citing chances of misuse. As an alternativ...
ONGC reports highest net profit of Rs 40,306 crore; becomes India's 2nd most profitable firm
https://ift.tt/9fVimpH New Delhi, May 29 On the back of the best-ever price it earned on crude oil it produces, state-owned Oil and Natural...
US surpasses China as India's biggest trading partner in FY22 at $119.42 bn
According to the data of the commerce ministry, in 2021-22, the bilateral trade between the US and India stood at $119.42 billion as against...
Govt to soon launch common platform for delivery of various schemes
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ONGC reports highest net profit of Rs 40,306 crore
State-owned Oil and Natural Gas Corporation (ONGC) reported a record net profit of Rs 40,305 crore in the fiscal year ended March 31, becomi...
Coal India to import for first time in years as power shortages loom
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ONGC reports highest net profit of Rs 40,306 cr; becomes India's 2nd most profitable firm
On the back of the best-ever price it earned on crude oil it produces, state-owned Oil and Natural Gas Corporation (ONGC) reported a record ...
Tata Motors gets Gujarat nod to take over Ford's Sanand plant
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IndiGo fined Rs 5 lakh for not allowing special child to board
Civil aviation regulator DGCA has fined private carrier IndiGo Rs 5 lakh for "deficient" handling of a special child who wasn'...
Centre to develop framework to check fake reviews on e-commerce websites
The government on Saturday said it will develop a framework to keep a check on fake reviews posted on e-commerce websites to protect consume...
Ola scouts for land to set up cell, electric car factories
Mobility giant Ola Electric is scouting for land to set up its cell and electric car factories and is in talks with multiple states. https:/...
High WPI may put pressure on retail inflation: RBI
Sounding a note of caution, the Reserve Bank said on Friday said there is a risk of high wholesale price inflation (WPI) putting pressure on...
Google in talks to join open e-commerce network ONDC
Alphabet Inc's Google is in talks with the Indian government to integrate its shopping services with the country's open e-commerce n...
Structural reforms essential for sustained, balanced, inclusive growth: RBI
https://ift.tt/el4YIna Mumbai, May 27 Making a strong case for structural reforms, the Reserve Bank on Friday said they are essential for s...
Majority of Indian airline passengers unhappy at lousy service
India’s flying public is becoming increasingly frustrated with the nation’s airlines, according to a survey undertaken for Bloomberg, saying...
Moody's slashes Indian economy growth forecast to 8.8 per cent for 2022
https://ift.tt/dVQz2lX New Delhi, May 26 Moody's Investors Service on Thursday slashed India's economic growth projection to 8.8 pe...
Apple to keep iPhone production flat in 2022: Report
Apple Inc plans to keep iPhone production for 2022 roughly flat at about 220 million units, Bloomberg News reported on Thursday, as China...
SC sets aside order staying SFIO probe into 9 cos related to Sahara
The Supreme Court on Thursday set aside a Delhi High Court order staying a Serious Fraud Investigation Office (SFIO) probe into nine compan...
Shakeup: Jack Dorsey exits board, Silver Lake Co-CEO fails to get votes
Twitter Inc. director Egon Durban, the co-chief executive officer of private equity firm Silver Lake, failed to get enough votes for re-elec...
Apple to increase starting pay for US workers
The starting pay for the company's US team members will rise to $22 per hour, or higher based upon the market, a 45% jump from 2018 leve...
Higher fuel costs push IndiGo to bigger loss in Q4
InterGlobe Aviation, the operator of India's biggest airline IndiGo, reported a larger loss for the fourth quarter on Wednesday as highe...
Twitter to hold annual meeting amid Musk uncertainty
Twitter Inc will face skeptical shareholders on Wednesday during its annual meeting, as doubt remains over whether the company will complete...
Adani Ports and Special Economic Zone Limited quarterly profit falls 22 per cent to Rs 1,033 crore
https://ift.tt/RTmEdWZ New Delhi, May 25 Adani Ports and Special Economic Zone Limited (APSEZ) has reported a 21.78 per cent decline in con...
Advanced economies to be back on track by 2024: Gopinath
Advanced economies will be back on track by 2024, but developing economies will be 5 per cent below where they would have been otherwise, I...
Pay ‘with a smile or a wave’: Why Mastercard’s new face recognition payment system raises concerns
https://ift.tt/RTmEdWZ Sydney, May 25 Mastercard's "smile to pay" system, announced last week, is supposed to save time for c...
Palm oil imports could fall to 11-yr low: Report
India's palm oil imports could fall 19% to the lowest level in 11-years as soyoil, now cheaper, takes more market share because of Indon...
Digit Insurance targets $5 billion in IPO valuation: Report
Digit Insurance, backed by Canadian billionaire Prem Watsa's Fairfax Group, is considering raising about $500 million in an initial pub...
India may restrict sugar exports for first time in six years
India plans to restrict sugar exports for the first time in six years to prevent a surge in domestic prices, potentially capping this season...
LIC board to consider dividend payment; declare results on May 30
The board of directors of the state-owned Life Insurance Corporation of India (LIC) is scheduled to meet at the end of this month to declare...
Markets reverse early gains in volatile trade; Sensex falls 236 points
https://ift.tt/bM4Sk09 Mumbai, May 24 Equity indices failed to hold on to morning gains on Tuesday, with the Sensex falling 236 points amid...
Housing prices rise up to 11 per cent across 8 cities in January-March
https://ift.tt/bM4Sk09 New Delhi, May 24 Housing prices increased by up to 11 per cent annually across eight major cities during the Januar...
World economy has 'buffer' against recession says IMF's Gopinath
While the world economy faces headwinds, current growth forecasts offer a buffer against a potential global recession, the International Mo...
Biden, Modi discuss efforts to curb rise in food, energy prices
President Joe Biden and Indian Prime Minister Narendra Modi discussed efforts to combat the rise in energy and food prices caused by Russia’...
Oyo plans IPO after Sept, may settle for lower valuation
OYO's move to launch the IPO after the September quarter is mainly driven by the expectation of improvement in its financial performance...
Akasa Air releases first look of its aircraft
The airline recently reaffirmed its commitment of being on track to receive its first aircraft in India by mid-June and launch commercial op...
India set to be leader in green hydrogen: Puri
India is more conscious of going for green energy than any other country in the world, union petroleum and natural gas minister Hardeep Sin...
Mahindra to explore more partnerships for EV parts: CEO
Mahindra and Mahindra will explore sourcing more components from other companies to boost its electric vehicle (EV) portfolio, its chief ex...
I'm not running your Twitter account, Musk tells Pune techie
On Monday, Elon Musk said that he is not running Pathole's Twitter account. Pathole, who has more than 1.6 lakh followers, tweeted: &quo...
Prolonged high temperatures could worsen inflation, hurt growth: Moody’s
https://ift.tt/aRLu7JV New Delhi, May 23 Prolonged high temperatures are credit negative for India, as that could exacerbate inflation and ...
Bandhan Bank to increase exposure to secured loans: MD&CEO
Kolkata, May 22 (PTI) Private lender Bandhan Bank will gradually increase its exposure to secured loans by enhancing advances to the housing...
Inflation should be viewed as public enemy number 1, here's why
https://ift.tt/npKArBx Johannesburg, May 22 Inflation is a process of sustained increases in the general price level over a period of time,...
Biden highlights Hyundai announcement of $10 billion US investment
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Excise duty cut: Petrol price slashed by Rs 8.69/litre, diesel by Rs 7.05/litre
The excise duty cut will translate into a reduction of Rs 8.69 a litre on petrol in Delhi and Rs 7.05 per litre in diesel after taking into ...
FPIs dump Indian equities worth over Rs 35,000 crore in May so far
New Delhi, May 22 (PTI) Exodus of foreign money from the Indian equity markets continues unabated with FPIs pulling out over Rs 35,000 crore...
PNB earns over Rs 645 crore through ATM transaction charges in FY22
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Govt jacks up thermal power output, averts major blackout
Coal-fired electricity generation has registered a sharp increase this month, preventing large-scale blackouts as the power, coal and railwa...
In big relief for consumers, Centre cuts fuel tax to pre-Covid level
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