RBI Governor seeks better deal for retail customers in forex market
Mumbai, April 8 - RBI Governor Shaktikanta Das on Monday emphasised the need to give retail customers a fair deal in foreign exchange markets that is at par with large customers.
Swiggy now delivers to houseboats on Dal Lake in Srinagar
New Delhi, April 8 - Online food delivery platform Swiggy on Monday said that it now delivers to tourists staying on houseboats on Dal Lake in Srinagar.
Apple ecosystem building workers’ homes another milestone in PM Modi’s PLI scheme: Minister
New Delhi, April 8 - Union minister and Thiruvananthapuram BJP candidate, Rajeev Chandrasekhar, on Monday, said that it is due to the visionary production-linked incentive (PLI) scheme of Prime Minister Narendra Modi that the Apple ecosystem in the country is not only providing
Samsung launches new smartphones under its Galaxy M series in India
New Delhi, April 8 - Samsung on Monday launched two new smartphones under its Galaxy M series -- M55 5G and M15 5G in India.
S. Korea’s hydrogen charging infra deteriorates in past 3 years: Report
Seoul, April 7 - South Korea's charging infrastructure for hydrogen fuel-cell electric vehicles (FCEVs) deteriorated in the past three years, a local automobile association said on Sunday.
Adani Gas subsidiary joins MG Motor India to install charging stations to boost India’s EV goals
New Delhi, April 8 - In a bid to help India build a robust and efficient EV charging infrastructure, Adani TotalEnergies E-Mobility Limited (ATEL) and MG Motor India on Monday signed a memorandum of understanding (MoU), which is aimed at enabling ease of
Byju’s-owned Aakash Educational Services appoints Deepak Mehrotra as MD, CEO
New Delhi, April 8 - Aakash Educational Services, owned by Byju’s, has appointed former Pearson India executive, Deepak Mehrotra, as its Managing Director and CEO, effective immediately, the company said on Monday.
Crypto mogul Do Kwon liable in US civil fraud trial, finds jury
Washington, April 6 - A jury in New York found crypto mogul Do Kwon and his company, Terraform Labs, liable on civil fraud charges, news outlets reported, as he is in Montenegro pending a process to determine whether he should be extradited to
Nestle India board approves hike in royalty payment to parent company
New Delhi, April 5 - The Nestle India Board of Directors has approved a staggered hike of 0.15 per cent per annum in royalty payment to its parent company.
India’s hydropower capacity poised to post 50% jump by 2031-32
New Delhi, April 15 - Hydroelectric power projects with an aggregate capacity of 15 GW are under construction in the country, which will increase the hydro capacity by more than 50 per cent from 42 GW to 67 GW by 2031-32, the Ministry
India’s forex reserves surge to lifetime high of $645.58 bn
Mumbai, April 5 - India's foreign exchange reserves rose for a sixth consecutive week to hit a historic high of $645.58 billion for the week ended March 29, according to RBI data released on Friday.
India okays export of essential goods to help Maldives despite soured ties
New Delhi, April 5 - India on Friday allowed limited exports of essential goods including sugar, wheat, rice, onions and eggs to the Maldives as a goodwill gesture amid soured ties with the neighbouring country which has suddenly shown a marked tilt towards
Australian envoy to India discusses future collaborations with Gautam Adani
New Delhi, April 5 - Australia's High Commissioner to India, Philip Green, on Friday said he met Adani Group's Founder and Chairman, Gautam Adani, and had a detailed discussion that not only focused on existing investments but also future collaborations in various fields
Tesla to showcase a ‘robotaxi’ on August 8: Elon Musk
San Francisco, April 6 - Elon Musk on Saturday said that his electric car company Tesla will unveil its robotaxi on August 8.
Economists unsure when RBI will cut repo rate
Chennai, April 5 - With the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) deciding to retain the repo rate at 6.5 per cent, economists are not sure when the central bank would cut the rate.
EV sales in India to grow 66 pc this year riding on consumer interest, govt initiatives
New Delhi, April 5 - Driven by rising consumer interest, government initiatives and infrastructure development, India’s EV sales nearly doubled in 2023 and are likely to grow 66 per cent this year, a report showed on Friday.
Homegrown electronics maker MIVI invests Rs 200 cr in local manufacturing
New Delhi, April 5 - Homegrown manufacturer of audio electronics, MIVI, on Friday said that it invested Rs 200 crore in local manufacturing, as the company laid the foundation stone for its new state-of-the-art factory in Hyderabad.
India’s private space sector soared in last decade
New Delhi, April 5 - In 2012, India had just one registered startup in the space sector -- Dhruva Space from Hyderabad. The country now has close to 200 space startups.
Nifty gains for third consecutive week
Mumbai, April 5 - On the weekly charts, Nifty rose 0.84 per cent, up for the third consecutive week, said Deepak Jasani, Head of Retail Research, HDFC Securities.
Nifty closes flat after RBI keeps repo rate unchanged
Mumbai, April 5 - The Nifty recovered from intraday lower levels to close flat on Friday after the RBI kept the repo rate unchanged at 6.5 per cent for the seventh consecutive time, said Siddhartha Khemka, Head of Retail Research at Motilal Oswal