From Zomato to Oyo, massive surge in orders, bookings on New Year’s Eve
New Delhi, Jan 1 - Food delivery platforms like Zomato and Swiggy and quick commerce platforms like Blinkit and Zepto, along with hospitality major Oyo, saw highest-ever orders and bookings on the New Year's Eve, compared to previous years.
International alert triggers safety checks on Boeing 737 Max fleet by Indian airlines
New Delhi, Dec 31 - An international advisory alerting to a potential safety concern related to loose bolts has been issued for the worldwide Boeing 737 Max passenger aircraft fleet.
Remarkable finish for US oil & gas sector with strong production figures for 2023
Washington, Dec 31 - The US has produced more oil and natural gas than ever before even as government planners were trying a tectonic shift to other alternative greener sources of energy to adhere to the climate change protocol's deadlines.
US family credits Apple’s AirTag that tracked down stolen luggage, thief
San Francisco, Dec 31 - Apple's AirTag item tracker has been credited with helping a vacationing US family in tracking down their stolen luggage and the thief.
US dollar losing its dominance
Moscow, Dec 31 - The US dollar’s share of global central bank reserves has continued to decrease, nosediving to 59.2 per cent in the third quarter of 2023, according to the latest data released by the International Monetary Fund (IMF). The decline comes
Ratings agencies cheer India’s GDP surge buoyed by infra push, strong DPI
New Delhi, Dec 31 - India has emerged as the world’s fastest growing economy amidst a worldwide economic slowdown and continues to be a bright spot going ahead with the IMF upgrading its growth forecast for the country twice this year.
Indian economy to stay as ‘star performer’ with key indicators in its favour
New Delhi, Dec 31 - India continues to be a ‘star performing’ economy as against other emerging markets, as per a report by Axis Securities.
Drop in global prices a relief for oil import-dependent Indian economy
New Delhi, Dec 31 - The decline in global oil prices, despite the geopolitical uncertainty in West Asia, has come as a major shot in the arm for the Indian economy as the country imports over 85 per cent of its crude oil
India’s external position resilient despite pessimistic global trade outlook
New Delhi, Dec 31 - Global trade is projected to end the year 5 per cent down compared to 2022’s record levels, shrinking by about $1.5 trillion to below $31 trillion, according to UNCTAD’s latest Global Trade Update.
Mobile phone exports at Rs 75,000 cr till Nov, on way to cross Rs 1,24,000 cr in FY24
New Delhi, Dec 31 - Riding on the local manufacturing growth, mobile phone exports from the country have surpassed $9 billion (more than Rs 75,000 crore) from April to November in the current fiscal year, industry data showed on Sunday.
Electronic goods production in India to hit $115 bn in FY24, mobile phones at $50 bn
New Delhi, Dec 31 - The total production of electronic goods in India in FY23-24 is likely to reach $115 billion, buoyed by mobile phones’ local production which is estimated to exceed $50 billion in the current fiscal year, said the India Cellular
Malaysian PM pledges further economic development in 2024
Kuala Lumpur, Jan 1 - Malaysian Prime Minister Anwar Ibrahim pledged to prioritise economic development that will directly benefit the people in a New Year message.
Jordan’s economy grows by 2.7% by end of Q3
Amman, Jan 1 - Jordan's economy grew by 2.7 per cent by the end of the third quarter compared to the same period last year, the state-run Petra news agency reported.
Wall Street hit record high after record high in 2023
New York, Dec 30 - Wall Street hit record high after record high in 2023, a year investors had feared would be a washout as elevated interest rates threatened to grind the economy to a halt, media reports said.
Vietnam’s foreign trade hits 683 bln USD in 2023
Hanoi, Dec 30 - Vietnam posted a foreign trade record of 683 billion U.S. dollars in 2023, down 6.6 percent year on year with a trade surplus of 28 billion dollars, according to the latest statistics of the country's General Statistics Office.
Tony Nader inaugurates 134 nation assembly of 10,000 for world peace
Hyderabad, Dec 29 - With 10,125 representatives from 134 nations in attendance, and with the blessings of His Holiness Shri ShankaraVijayandra Saraswati ShankracharyaSwamigalof Sri KanchiKamakotiPeetham (Sri KanchiMatham,Tamil Nadu), Dr. Tony Nader, MD, PhD, formally inaugurated the Assembly of 10,000 for World Peace, which
How Tesla can be able to produce a Rs 20 lakh EV for Indian masses
New Delhi, Dec 30 - Elon Musk looks all set to enter the burgeoning Indian electric vehicle (EV) market in the New Year after several years of dilly-dallying, giving the masses a hope that owning a cheaper Tesla Model 3 may soon be
AI to touch every aspect of Indian tech industry in 2024: Top leaders
New Delhi, Dec 30 - Leading Indian tech industry leaders said on Saturday that the coming year presents an exciting opportunity for purpose-driven organisations to better serve their communities as we advance in ways of using AI which will require more funding and
Musk’s X can’t avoid content moderation law: US judge
San Francisco, Dec 30 - A judge in the US has ruled that Elon Musk-run X cannot avoid a California law that asks social media platforms to disclose their plans for moderating harmful content and misinformation.
Pilot phase of ‘UPI for secondary market’ to begin from Jan 1: NPCI
Mumbai, Dec 29 - The National Payments Corporation of India (NPCI) on Friday announced the launch of "UPI for Secondary Market" from January 1 in its Beta phase for the equity cash segment.