NEW DELHI, AUGUST 4 (IANS): The Covid-19 pandemic is taking a heavy toll on the Indian economy with estimates now suggesting that the country's real GDP may have shrunk by 5 per cent in July as compared to
NEW DELHI, AUGUST 3 (IANS): As the world goes through an unprecedented recession amid the pandemic, global remittances may fall by $108.6 billion in 2020 if the economic impact of Covid-19 persists throughout t
SAN FRANCISCO, AUGUST 3 (IANS): Microsoft has officially confirmed it is in talks to acquire the operations of video-sharing platform TikTok in the US, Canada, Australia and New Zealand markets following a conv
NEW DELHI, AUGUST 3 (IANS): With economic disruptions set for a long haul due to COVID-19 pandemic, India could see its fiscal deficit this year to balloon to over 6.8 per cent of Gross Domestic Product (GDP),
Mumbai, August 3 (IANS): Bull run in domestic gold futures continued on Monday as prices in the international market surged to new highs.
The active October contract on the Multi-Commodity Exchange (MCX) tou
Mumbai, August 3 (IANS): ICICI Bank has reduced its marginal cost of funds-based lending rates (MCLR) by 10 basis points across tenors with effect from August 1.
Post the cut, EMIs on the loans linked to MCL
New Delhi, August 2 (PTI): The domestic equity market in this coming week will be driven by a host of key developments like RBI monetary policy, macro-economic data release and corporate earnings, analysts said
San Francisco, August 1 (IANS): US chip-maker Nvidia is reportedly in advance talks to acquire SoftBank-owned UK chip company ARM in a cash-and-stock deal worth at least $32 billion.
According to a report in
San Francisco, August 1 (IANS): Riding on strong quarter results despite the pandemic, Apple has surpassed Saudi Aramco to become the worlds most valuable company with a market cap of $1.84 trillion.
The str
New Delhi, August 1 (IANS): Automobile major Hyundai Motor India reported cumulative sales of 41,300 units during July 2020.
"July'20 domestic sales volume is 98 per cent of July'19 domestic sal
NEW DELHI, JULY 31 (IANS): Reliance Industries Ltd (RIL) Chairman Mukesh Ambani on Friday said that the government should take policy measures to end 2nd generation mobile connectivity as it keeps people devoid
SAN FRANCISCO, JULY 31 (IANS): Amazon is planning to get more sellers on board as the company focuses on digitising a lot of micro, small and medium-sized businesses in India and hiring many more people, a top
Mumbai/Tokyo, July 31 (IANS): Reliance Power Limited and JERA Co., Inc. through their project company, are developing a new gas-fired power generation project in Bangladesh.
The project company has now signe
New Delhi, July 31 (IANS): The global smartphone market slumped 24 per ent year-over-year in the second quarter of this year to 271.4 million units, registering the fastest ever rate of decline, a Counterpoint
New Delhi, July 31 (IANS): Amazon Web Services (AWS), the Cloud arm of retail behemoth Amazon, has become a $43 billion annualized run rate business, up nearly $10 billion in run rate in the last 12 months.
Mumbai, July 30 (PTI): Yes Bank has taken over the headquarter of Anil Ambani's group in surburban Santacruz for failure to repay dues worth Rs 2,892 crore.
The private sector lender has also taken posse
Chennai, July 30 (PTI): Trade body CII on Thursday said the new set of relaxations introduced while extending the lockdown till August 31 in Tamil Nadu would pave way for quick revival of the economy besides en
BENGALURU, JULY 30 (IANS): Over 100 small and medium-sized businesses and start-ups on Amazon.in will be launching more than 1,000 new products across 17 categories on Prime Day in India that starts at midnight
NEW DELHI, JULY 30 (IANS): Former Union Finance Minister P. Chidambaram has hit out at the government over the looming economic crisis in the country and warned that collapse of the telecom and aviation sectors
NEW DELHI, JULY 30 (IANS): Despite the US trade restrictions, Huawei has overthrown Samsung and Apple to become the leader in smartphone shipments globally in the second quarter of 2020, a new report said on Th