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  2. Business

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India's manufacturing PMI dips to 55.1 amid 15 months of straight growth

India's manufacturing PMI dips to 55.1 amid 15 months of straight growth

5 hours ago
New Delhi, Oct 3 (IANS) India's manufacturing sector dipped to a three-month-low of 55.1 in September 2022, against August's 56.2, and in face of estimates of 55.8, but still ....
DHFL scam: Delhi court dismisses bail plea of Wadhawans

DHFL scam: Delhi court dismisses bail plea of Wadhawans

6 hours ago
New Delhi, Oct 3 (IANS) A Delhi court has dismissed the statutory bail pleas of Mumbai-based Dewan Housing Finance Corporation Ltd's (DHFL) former promoters Kapil Rajesh Wadha....
OPEC oil cartel, allies to consider biggest cut in oil production since pandemic

OPEC oil cartel, allies to consider biggest cut in oil production since pandemic

6 hours ago
Abu Dhabi, Oct 3 (IANS) Major oil producing states are bracing the world for the biggest cut in oil production since the pandemic, the media reported.
Myntra onboards record 1.2 mn new users during its Big Fashion Festival, with 45% of overall visitors from small-town India

Myntra onboards record 1.2 mn new users during its Big Fashion Festival, with 45% of overall visitors from small-town India

8 hours ago
Bengaluru, Oct 3 (IANS) Myntra, one of India's leading fashion, beauty and lifestyle destinations, on Monday said its third and the biggest edition of 'Big Fashion Festival' (....
Sandeep Kumar Gupta assumes charge as Chairman and MD, GAIL

Sandeep Kumar Gupta assumes charge as Chairman and MD, GAIL

8 hours ago
New Delhi, Oct 3 (IANS) Sandeep Kumar Gupta on Monday assumed charge as Chairman and Managing Director, GAIL (India) Ltd.
Wipro, Infosys, Tech Mahindra revoke offer letters given to freshers: Reports

Wipro, Infosys, Tech Mahindra revoke offer letters given to freshers: Reports

9 hours ago
New Delhi, Oct 3 (IANS) Top IT and tech firms like Wipro, Infosys and Tech Mahindra have reportedly revoked offer letters given to students after delaying their joinings by ne....
Rupee falls 49 paise against US dollar

Rupee falls 49 paise against US dollar

9 hours ago
Mumbai, Oct 3 (IANS) Increasing crude prices and demand for dollars resulted in Indian rupee falling by 49 paise to touch Rs 81.89 against the greenback.
Google to nurture 20 startups by Indian women founders

Google to nurture 20 startups by Indian women founders

10 hours ago
New Delhi, Oct 3 (IANS) Google on Monday announced the first class of 20 women founded/co-founded startups, selected from close to 400 applications, for the inaugural cohort o....
Reimpose 5% import duty on metallurgical coke, IMCOM urges Finance Minister

Reimpose 5% import duty on metallurgical coke, IMCOM urges Finance Minister

10 hours ago
New Delhi, Oct 3 (IANS) The Indian Metallurgical Coke Manufacturers Association (IMCOM), which represents a majority of merchant manufacturers of metallurgical coke in the cou....
SC restrains IPGCL, PPCL, DTL from disconnecting power supply to BSES discoms

SC restrains IPGCL, PPCL, DTL from disconnecting power supply to BSES discoms

11 hours ago
New Delhi, Oct 3 (IANS) The capital's power distribution company BSES on Monday said that the Supreme Court has restrained Delhi power utilities IPGCL, PPCL and DTL from cutti....
PayU calls off $4.7 bn acquisition of Indian fintech major BillDesk

PayU calls off $4.7 bn acquisition of Indian fintech major BillDesk

12 hours ago
New Delhi, Oct 3 (IANS) In a significant move, PayU (owned by Prosus) on Monday called off the $4.7 billion acquisition of Indian digital payments provider BillDesk, saying th....
Plea seeks NGT to look into flat construction sans EC in Delhi

Plea seeks NGT to look into flat construction sans EC in Delhi

12 hours ago
New Delhi, Oct 3 (IANS) A plea before the National Green Tribunal has sought directions against the construction of a housing project at GT Road adjoining Model Town, Delhi al....
Chennai port to Maduravoyal corridor in TN to be completed by Dec 2024

Chennai port to Maduravoyal corridor in TN to be completed by Dec 2024

12 hours ago
New Delhi, Oct 3 (IANS) Union Minister for Road Transport and Highways Nitin Gadkari on Monday said that for working towards providing seamless multimodal connectivity in New ....
Higher US rates, stronger dollar could lead to acceleration of capital outflows from Asia

Higher US rates, stronger dollar could lead to acceleration of capital outflows from Asia

13 hours ago
New Delhi, Oct 3 (IANS) Higher US rates and a stronger dollar could lead to a further acceleration of capital outflows from Asia, Morgan Stanley said in a report.
Air India unveils new domestic In-flight menu

Air India unveils new domestic In-flight menu

13 hours ago
New Delhi, Oct 3 (IANS) Air India has unveiled a specially curated menu for its domestic passengers with effect from October 1 coinciding with the onset of festive season.
Though dollar is strong, 2022 is not 1997/98 or 2013: Morgan Stanley

Though dollar is strong, 2022 is not 1997/98 or 2013: Morgan Stanley

14 hours ago
Chennai, Oct 3 (IANS) The rising dollar against various Asian currencies will not result in a repeat of the financial crisis of 1997/98 or rate hikes in 2013 as the conditions....
UK government has U-turned on plans to scrap top income tax rate

UK government has U-turned on plans to scrap top income tax rate

15 hours ago
London, Oct 3 (IANS) The UK government has U-turned on plans to scrap the 45p rate of income tax, the chancellor has confirmed, BBC reported.
Vedanta founder Anil Agarwal honoured with Global Indian Award in Canada

Vedanta founder Anil Agarwal honoured with Global Indian Award in Canada

15 hours ago
Toronto, Oct 3 (IANS) Vedanta founder Anil Agarwal was honoured with the Global Indian Award worth $50,000 by the Canada-India Foundation at its 15th annual gala here at the w....
Protest intensifies in TN's Kancheepuram against airport project at Parandur

Protest intensifies in TN's Kancheepuram against airport project at Parandur

17 hours ago
Chennai, Oct 3 (IANS) Protests against the proposed airport at Parandur have intensified in Tamil Nadu's Kancheepuram district with the grama sabha meeting passing a resoluti....
Indian corporate credit quality remains strong: CRISIL Ratings

Indian corporate credit quality remains strong: CRISIL Ratings

17 hours ago
Chennai, Oct 3 (IANS) Debt light balance sheets, domestic demand and better cash flows has resulted in higher credit ratio during the first half of FY23, said CRISIL Ratings.
Coinbase paused transactions in US for hours, restored now

Coinbase paused transactions in US for hours, restored now

18 hours ago
San Francisco, Oct 3 (IANS) Leading crypto exchange Coinbase paused transactions for users in the US owing to some technical issues, and resolved it hours later.
Tesla delivers record 343,830 vehicles in Q3, Musk elated

Tesla delivers record 343,830 vehicles in Q3, Musk elated

18 hours ago
San Francisco, Oct 3 (IANS) Electric car-maker Tesla delivered a record 343,830 vehicles in the third quarter (Q3), after a weak performance in the second quarter owing to Cov....
Credit Suisse fighting for its survival

Credit Suisse fighting for its survival

1 day ago
New York, Oct 2 (IANS) Speculation surrounding the future of the Swiss banking giant, Credit Suisse has been going on for several months in the markets, in business and politi....
Govt will set up 100 5G labs to promote innovation: IT Minister

Govt will set up 100 5G labs to promote innovation: IT Minister

1 day ago
New Delhi, Oct 2 (IANS) The government will set up 100 5G labs across the country and some of these labs will become incubators to train students, promote innovation, research....
Honda Motorcycles and Scooter overtakes Hero Motorcorp in retail sales

Honda Motorcycles and Scooter overtakes Hero Motorcorp in retail sales

1 day ago
Chennai, Oct 2 (IANS) The month of September 2022 saw Honda Motorcycle and Scooter India overtaking the world's largest two-wheeler maker Hero Motocorp Ltd in terms of retail ....
Indian crypto exchange WazirX fires 40% of staff: Report

Indian crypto exchange WazirX fires 40% of staff: Report

1 day ago
New Delhi, Oct 2 (IANS) Amid the current global economic slowdown, crypto exchange WazirX has reportedly laid off 40 per cent of its total workforce.
Ready for detariffing motor TP premium, but after freedom to hike/discount 40%: Committee

Ready for detariffing motor TP premium, but after freedom to hike/discount 40%: Committee

1 day ago
Chennai, Oct 2 (IANS) With the base premium for third party liability under the vehicle insurance fixed by the Indian government, the general insurance companies want the flex....
Sterlite Technologies launches optical solution for 5G rollout

Sterlite Technologies launches optical solution for 5G rollout

2 days ago
Chennai, Oct 2 (IANS) Sterlite Technologies Ltd on Sunday unveiled 5G Cosmos - an optical solution for towers and small cells for speedy 5G roll out.
Rampaging US dollar posts strongest quarter in at least 7 years

Rampaging US dollar posts strongest quarter in at least 7 years

2 days ago
New York, Oct 2 (IANS) The dollar wrapped up its biggest quarterly climb in at least seven years on Friday, along with its largest four-month advance since November 2008 -- th....
India to add 80 airports in next 4-5 years; new rules for aerodromes

India to add 80 airports in next 4-5 years; new rules for aerodromes

2 days ago
New Delhi, Oct 2 (IANS) The country is likely to add nearly 80 airports in the next four to five years, the aviation regulator has said, adding that aerodromes meanwhile need ....
Worst is yet to come for global economy: Credit Suisse

Worst is yet to come for global economy: Credit Suisse

2 days ago
New Delhi, Oct 1 (IANS) In emerging economies, weaker external demand and dollar strength will weigh on growth, foreign brokerage Credit Suisse said in a report.
Car makers log sales growth in September

Car makers log sales growth in September

2 days ago
Chennai, Oct 1 (IANS) Festive season and new launches geared the passenger vehicle sales last month as car majors in India logged sales growth last month as compared to the pr....
Record Rs 1,47,686cr gross GST revenue collected in Sep

Record Rs 1,47,686cr gross GST revenue collected in Sep

2 days ago
New Delhi, Oct 1 (IANS) The gross GST revenue collected in the month of September 2022 is Rs 1,47,686 crore which is nearly 26 per cent higher than the GST revenue in the same....
Public cloud services market in Asia-Pacific to reach $165.2 bn

Public cloud services market in Asia-Pacific to reach $165.2 bn

2 days ago
New Delhi, Oct 1 (IANS) The public cloud services market in the Asia-Pacific region is likely to reach $165.2 Billion in 2026, according to an IDC report.
PM launches 5G services, says it is beginning of an infinite sky of opportunities (Ld)

PM launches 5G services, says it is beginning of an infinite sky of opportunities (Ld)

2 days ago
New Delhi, Oct 1 (IANS) Prime Minister Narendra Modi on Saturday launched 5G telephony services, ushering in an era of ultra high-speed Internet.
Prices of essential food items significantly spike

Prices of essential food items significantly spike

3 days ago
New Delhi, Oct 1 (IANS) The average retail prices of essential food items, including rice, wheat and atta, have significantly increase in the last one year.
5G to transform economic landscape of India, say industry leaders

5G to transform economic landscape of India, say industry leaders

3 days ago
New Delhi, Oct 1 (IANS) 5G will open new avenues for manufacturing, healthcare, education, R&D, gaming and smart city projects by integrating with new-age technologies like In....
RBI repo rate hike: Not much of an impact on home loan borrower

RBI repo rate hike: Not much of an impact on home loan borrower

3 days ago
Chennai, Oct 1 (IANS) Mixed views were expressed by housing finance companies and real estate players on the impact of Reserve Bank of India's (RBI) decision to hike the repo ....
Airtel showcases 5G ambulance, smart agri 5G solutions to PM Modi

Airtel showcases 5G ambulance, smart agri 5G solutions to PM Modi

3 days ago
New Delhi, Oct 1 (IANS) Bharti Airtel on Saturday showcased a 5G-connected ambulance to transform primary health care in emergency situations, along with smart farming solutio....
Smartphone firms hail 5G launch, prepare bundled offers with telcos

Smartphone firms hail 5G launch, prepare bundled offers with telcos

3 days ago
New Delhi, Oct 1 (IANS) Leading smartphone players on Saturday said that the 5G launch by Prime Minister Narendra Modi will unleash new economic opportunities and societal ben....