More From Economy
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United Airlines launches new daily Delhi-Chicago non-stop service
December 13, 2020 8:57 ISTUS-based United Airlines on Saturday launched its new daily non-stop service between Delhi and its hometown hub of Chicago.
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Bar licensing rules eased in UP
December 12, 2020 21:01 ISTThe Uttar Pradesh government has delegated its power to grant licenses to run liquor bars to divisional commissioners, an official statement said on Saturday.
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iPhone plant in Karnataka vandalised by employees. This is the reason
December 12, 2020 16:41 ISTAn iPhone manufacturing plant run by Taiwanese tech giant Wistron Corporation at Narsapura came under attack on Saturday from its employees over salary dues, the police said.
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Air India gets reprieve in UK court over aircraft lease payments
December 12, 2020 16:29 ISTAir India has got some reprieve from a UK court as it allowed India’s flag carrier time until early January to make payments in a case of unpaid dues of over USD 17.6 million, with the judge accepting the 'broad thrust' of the airline’s financial difficulties, especially due to the grounding of flights during the COVID-19 lockdown.
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Tech key to exploring new frontiers of economic recovery: Nadella
December 12, 2020 14:22 ISTMicrosoft's Chief Executive Officer Satya Nadella on Saturday said that despite the constraint caused by the pandemic, digital technology is being adopted to scale core resilience, not only for future transformation but for business continuity.
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Microsoft launches Covid-19 vaccine management platform
December 12, 2020 13:12 ISTWith Covid-19 vaccines soon to be available globally, Microsoft has launched a vaccine management platform for both government and healthcare customers.
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India's pvt credit-to-GDP ratio lowest among peers; govt working on framework: NITI Aayog CEO
December 12, 2020 11:53 ISTAddressing a virtual event organised by the Global Alliance for Mass Entrepreneurship (GAME), Kant said credit scenario in India in recent years for a greater part has been seen as a drag on the economy.
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Chhotu, At Your Service! Indian Oil gives brand identity to 5 kg cylinder
December 12, 2020 11:24 ISTIndianOil launched its 5 kg free trade LPG (FTL) cylinder, named "Chhotu", in New Delhi on Friday.
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Oracle to move Silicon Valley headquarters to Texas
December 12, 2020 10:34 ISTCloud major Oracle has announced to move its California-based headquarters to Austin, Texas and cited flexibility of employee work as the key reason behind the decision.
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Festive demand lifts November domestic passenger vehicle sales by nearly 5%: SIAM
December 11, 2020 21:33 ISTAs many as 2,64,898 passenger vehicles were sold in November as against 2,53,139 units in the same month last year, SIAM said in revised numbers.
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Govt buys 368.7 lakh ton kharif paddy so far at MSP for Rs 69,612 crore
December 11, 2020 18:00 ISTIn the ongoing kharif marketing season (KMS) 2020-21, the government continues to procure kharif 2020-21 crops at its MSP (minimum support price) from farmers,
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Fuel on fire! Petrol price tops Rs 91.59 mark in Bhopal. Check city wise rates
December 11, 2020 12:03 ISTThe oil marketing companies have hiked the fuel prices around Rs 2 and Rs 3.50 respectively, which have risen by a quarter since early November. Diesel is currently retailing at Rs 73.87 per litre in the capital, while petrol is retailing at Rs 83.71 per litre in Delhi.
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Rupee opens on flat note against US dollar
December 11, 2020 11:06 ISTThe rupee opened on a flat note and was trading in a narrow range against the US dollar in opening session on Friday, even as the domestic equity market traded with gains.
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Air India divestment: Intimation date for qualified interested bidders extended to January 5
December 10, 2020 22:15 ISTThe government on Thursday said it will intimate qualified interested bidders (QIBs) of Air India on January 5 next year, instead of the earlier decided date of December 29, 2020.
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5G spectrum bands to be announced soon; govt consulting defence, department of space
December 10, 2020 21:56 ISTTelecom operators Reliance Jio, Bharti Airtel and Vodafone Idea said 5G spectrum identified by the government for auction is not enough and proposed prices are too high.
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Water to be traded on Wall Street as Futures commodity; joins likes of gold, oil
December 10, 2020 20:08 ISTIn a first, water is officially joining gold, oil and other commodities that are traded on Wall Street.
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TCS plans to invest over USD 100 million in Austin, hire 1000 new employees across Texas
December 10, 2020 19:34 ISTTata Consultancy Services (TCS) on Thursday said it plans to invest more than USD 100 million in Austin and hire 1,000 new employees across Texas.
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Walmart commits to export $10 billion India-made goods each year by 2027
December 10, 2020 17:59 ISTWalmart on Thursday announced that it will triple its exports of goods from India to $10 billion each year by 2027.
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Swiggy to onboard 36,000 street vendors under PM SVANidhi scheme in first phase
December 10, 2020 15:22 ISTFood ordering platform Swiggy on Thursday announced the expansion of its street food vendors program to 125 cities under the Prime Minister Street Vendor's AtmaNibhar Nidhi (PM SVANidhi) scheme.
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Jewar airport: Swiss developer selects four-company consortium to design passenger terminal
December 10, 2020 15:18 ISTSwiss developer Zurich Airport International has selected a four-company consortium to design the passenger terminal for the greenfield Noida airport in Jewar, one of its top officials said on Thursday.
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Mukesh, Nita Ambani become grandparents! Akash, Shloka welcome baby boy
December 10, 2020 14:56 ISTReliance Industries Chairman Mukesh Ambani on Thursday welcomed a new member to their family as eldest son Akash and daughter-in-law Shloka became proud parents to a baby boy.
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IRCTC shares fall 8% as govt offers stake sale of 20%
December 10, 2020 13:44 ISTAround 12 p.m., IRCTC shares on the BSE were trading at Rs 1,481.50, lower by Rs 136.55 or 8.44 per cent from its previous close.
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EDMC Budget: Three new taxes proposed to augment revenue
December 10, 2020 12:34 ISTNorth and South Corporations, budget for both of which were presented in the last two days, have not proposed any new taxes.
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Govt to sell up to 20 per cent stake in IRCTC via OFS; fixes floor price of Rs 1,367 per share
December 09, 2020 23:05 ISTThe government is planning to sell up to 20 per cent stake in Indian Railway Catering and Tourism Corp (IRCTC) through an Offer for Sale (OFS) which opens for subscription on Thursday.
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RBI proposes guidelines for NBFCs for declaring dividends. Check details
December 09, 2020 22:02 ISTWith a view to ensure financial discipline and transparency, the Reserve Bank of India (RBI) on Tuesday proposed guidelines for non-banking financial companies (NBFCs) for declaring dividends.
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TCS' Rs 16,000-crore buyback offer to open on December 18
December 09, 2020 21:07 ISTIndia's largest IT services firm Tata Consultancy Services (TCS) on Wednesday said its up to Rs 16,000-crore share buyback programme will commence on December 18 and close on January 1, 2021.
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Facebook India FY20 revenue up 43% at Rs 1,277.3 crore, net profit doubles
December 09, 2020 20:11 ISTSocial media giant Facebook India's revenues grew 43 per cent year-on-year to about Rs 1,277.3 crore in 2019-20, while its net profit more than doubled to Rs 135.7 crore, as per regulatory documents.
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24x7 RTGS for high-value transactions from December 14. Check details
December 10, 2020 9:43 ISTThe Real Time Gross Settlement System (RTGS) for high-value transactions will be available 24x7 on all days from December 14. This would make India one of the few countries to operate the system round-the-clock. "RTGS 24x7x365 will be launched with effect from 00:30 hours on December 14, 2020," the Reserve Bank of India (RBI) said in a statement.
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Rohit Sharma to bid goodbye to international cricket after final ODI vs England at Lord's?
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One killed, several injured as crane collapses onto vehicles in Mumbai
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