Business and Economy

Sugar rates steady in Kolhapur market

Kolhapur, May 25 (UNI) The prices of M 30 and S 30 grades of sugar rates remained steady in Kolhapur sugar market on Saturday to Rs 3280/3300 and Rs 3180/3200 per quintal respectively. There was no ...

NTPC posts profit at Rs 4,350 cr in Q4

New Delhi, May 25 (UNI) NTPC Ltd, the largest power generator, on Saturday posted its net profit at Rs 4,350.32 crore in the fourth quarter ended March 2019 as against Rs 2,925.59 crore in the same q...

WhatsApp confirms Status Ads coming in 2020

San Francisco, May 25 (IANS) Ads are coming to WhatsApp, finally, and the intrusion into the popular ad-free mobile messaging platform would begin from Status page. At a Facebook Marketing Summit ...

US dollar declines as trade fears linger

New York, May 25 (IANS) The US dollar declined on Friday as investors monitored global trade prospects and digested the manufacturing data. The seasonally adjusted IHS Markit Flash US Manufacturin...

US stocks rise amid trade hopes

New York, May 25 (IANS) US stocks closed higher on Friday, regaining some of the ground it lost in a rout in the previous session, as Wall Street reignited hopes for de-escalation of global trade ten...

India 2nd in government requests for users' data on FB

Washington, May 24 (IANS) The Indian government requested Facebook to provide data for 20,805 users (including 861 emergency requests) -- second only to the US government -- in the July-December 2018...

Punjab reaps biggest wheat crop in 20 years

Chandigarh, May 24 (IANS) Punjab has harvested a 20-year record bumper wheat crop this season with its production of 129.93 lakh tonnes, an official said on Friday. During the current wheat procur...

Vistara leases six aircraft to boost domestic market growth

New Delhi, May 24 (IANS) Full-service carrier Vistara on Friday said it has leased an additional six aircraft from BOC Aviation to accelerate its growth in the domestic market. As part of the agre...

Mother Dairy hikes poly pack milk prices

New Delhi, May 24 (IANS) Mother Dairy is to raise the consumer prices of its poly pack milk variants in Delhi NCR from Saturday. The 1 litre pack has been increased by Re 1 and the 500 ml pack by Rs ...

Huawei could be part of US-China trade deal: Trump

Washington, May 24 (IANS) US President Donald Trump has raised the possibility of easing restrictions on Huawei as part of a broader trade deal with Beijing, despite labelling the Chinese telecommuni...

US aviation regulators meet global counterparts over 737 MAX

Washington, May 24 (IANS) Officials of the US Federal Aviation Administration (FAA) met aviation regulators from over 30 countries over the safety of the grounded Boeing 737 MAX jets. After the cl...

Volatility index drops by another 16%

Mumbai, May 24 (IANS) The volatility index or the 'India VIX' cooled by another 16 per cent on Friday after the conclusion of the general elections. A decisive victory for the BJP-led NDA and the ...

US dollar declines against rising Yen

New York, May 24 (IANS) The US dollar declined against most of its major rivals in late trading on Thursday amid investors' growing appetite for the Japanese Yen. The Japanese Yen was among the be...

Sensex up 275 pts, Nifty above 11,700

Mumbai, May 24: Sensex on Friday opened on a firm note but shed most of its gains to trade just over 275 points higher from its Thursday's close. The Sensex at 11.46 a.m., was trading 275.94 poin...

Musk's tunnelling company bags $48.6 mn deal in Vegas

San Francisco, May 23 (IANS) Tesla CEO Elon Musk's tunnelling company -Boring - has bagged a $48.6 million worth contract to build an underground transportation system around the Las Vegas Convention...

Sensex down 400 pts as investors rush to book profit

Mumbai, May 23 (IANS) The S&P BSE Sensex , at 3.17 p.m., fell over 400 points or 1.02 per cent to 38,709.95 after hitting a record high of 40,124.96 as investors rushed to book profit. The Nifty f...

'Main Bhi Chowkidar' emerged big winner on social media

New Delhi, May 23 (IANS) As the Bharatiya Janata Party (BJP) led by Prime Minister Narendra Modi on Thursday appeared set to retain power, the party emerged as a clear winner on social networks and t...

Ex-Nissan chief Ghosn attends pre-trial talks

Tokyo, May 23 (IANS) Former Nissan Motor Co. Chairman Carlos Ghosn took part in the first pre-trial process at the Tokyo District Court on Thursday for allegedly transferring private investment losse...

Woman asks Amazon CEO to return product in meeting

San Francisco, May 23 (IANS) Amid Amazon's annual shareholders conference where dozens of people joined to discuss issues like renewable energy use and equal pay, a woman called out to Amazon CEO Jef...

Dorsey's mobile payment firm starts hiring for crypto project

San Francisco, May 23 (IANS) Twitter CEO Jack Dorsey's mobile payment company - Square - is getting closer to launching its long-awaited crypto project and is ready to make its first hire. Earlier...

Key Indian equity market indices open in green

Mumbai, May 23 (IANS) Taking a cue from the initial trend of the Lok Sabha polls verdict which indicates the BJP-led NDA candidates are leading, the key Indian equity market indices on Thursday opene...

Mobile networks suspending orders for Huawei smartphones

Hong Kong, May 23 (IANS) Mobile networks in Asia and Europe have issued suspending orders for Huawei smartphones following the US decision last week to restrict the company's access to American techn...

US dollar declines amid Fed minutes

(06:16) New York, May 23 (IANS) US dollar declined on Wednesday as investors digested the newly-released minutes by the Federal Reserve. The US central bank on Wednesday released the minutes of...

Reliance topples IOC to become the biggest Indian company

New Delhi, May 21 (PTI) Richest Indian Mukesh Ambani's oil-to-telecom conglomerate Reliance Industries has toppled state-owned Indian Oil Corp (IOC) to become the country's biggest company by revenue...

Sensex ends 382 points lower after record high

Mumbai, May 21 (IANS) The Sensex on Tuesday ended 382 points in the red, after touching a record high of 39,572 minutes into the trade. The session started on a firm note with Sensex hitting a lif...

Another Air India pilot under scanner over sexual abuse charges

New Delhi, May 21 (IANS) Days after allegations of sexual harassment against an Air India commander, a senior pilot of the airline has come under the scanner for suppression of information regarding ...

Reliance Retail set to disrupt Amazon, Walmart-Flipkart: Report

New Delhi, May 21 (IANS) Reliance Retail's upcoming entry into the online retail sector is the biggest challenge for Amazon and Walmart-Flipkart as the Mukesh Ambani-led behemoth is well positioned t...

US temporarily loosens restrictions on Huawei products

Washington, May 21 (IANS) The US Commerce Department has announced loosening of some of the restrictions Washington placed on Huawei equipment last week, which made it difficult for American companie...

Jet staff knock on Aviation Ministry's doors

New Delhi, May 21 (IANS) Faced with the prospect of job loss, the employees of grounded Jet Airways knocked on the doors of government for helping to save the airline. The airline staff from acros...

Markets surge: Sensex hits record high

Mumbai, May 21 (IANS) Markets hit record highs on Tuesday's openning session extending their rally for the second day running as the BSE Sensex rose over 100 points to an all-time high of 39,571.73 i...

Tariffs on shoes 'catastrophic': Sneaker brands tell Trump

Washington, May 21 (IANS) Major sneaker brands, including Adidas and Nike, told US President Donald Trump that proposed tariffs on imported shoes from China would be "catastrophic" for American consu...

Markets surge: Sensex hits record high

Mumbai, May 21: Markets hit record highs on Tuesday's openning session extending their rally for the second day running as the BSE Sensex rose over 100 points to an all-time high of 39,571.73 in ear...

Facebook releases maps to help fight disease outbreak

San Francisco, May 20 (IANS) In a bid to fight disease outbreaks, Facebook has built new maps that can help its health partners better understand where people live, how they are moving and whether th...

Google limits Huawei's use of Android

Washington, May 20 (IANS) Google has barred Huawei from some updates to the Android operating system, dealing a major blow to the world's second-largest smartphone seller. It also means loss of Andro...

Redmi Note 7S with 48MP primary camera now in India

New Delhi, May 20 (IANS) Chinese smartphone maker Xiaomi on Monday refreshed its Redmi Note 7 lineup with the 48MP camera-powered Redmi Note 7S for a starting price of Rs 10,999. The 6.3-inch devi...

Connected driverless cars can improve traffic flow by 35%

London, May 20 (IANS) A fleet of driverless cars with the ability to communicate with each other can improve overall traffic flow by at least 35 per cent, shows an experiment by University of Cambrid...

Centre moves Supreme Court on retrospective effect of Black Money law

New Delhi, May 20 (IANS) The Centre on Monday moved the Supreme Court on the applicability of the Black Money law after the Delhi High Court had stayed proceedings against advocate Gautam Khaitan ove...

Older Samsung watches to get brand new features

Seoul, May 20 (IANS) Samsung is rolling out an update that would bring latest features in its Galaxy Watch Active to older smartwatches. The update would bring features like One UI interface, heal...

Deutsche Bank staff saw suspicious activity by Trump, Kushner

New York, May 20 (IANS) Anti-money laundering specialists at Deutsche Bank recommended in 2016 and 2017 that multiple transactions involving legal entities controlled by Donald Trump and his son-in-l...

Google restricts Huawei's use of Android

Washington, May 20 (IANS) Google has cut phone maker Huawei off from some updates to the Android operating system, dealing a blow to the Chinese firm. New Huawei smartphones will also lose access to ...

Redmi Note 7S with 48MP primary camera now in India

New Delhi, May 20: Chinese smartphone maker Xiaomi on Monday refreshed its Redmi Note 7 lineup with the 48MP camera-powered Redmi Note 7S for a starting price of Rs 10,999. The 6.3-inch device wi...