Economy

New Delhi: Hours after the Enforcement Directorate (ED) seized Rs 5,551.27 crore of Xiaomi Technology India Private Limited lying in the bank accounts under the provisions of Foreign Exchange Management Act (FEMA) in connection with the…
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New York : Marked by stomach-churning volatility and bruising losses in once-popular technology trades, the S&P 500 booked its worst start to a year through the first four months of 2022 in over 80 years, with the steepest decline in…
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New Delhi : Flipkart has registered an FIR in Delhi against unknown persons for storing narcotic substances in packages by counterfeiting Flipkarts trademark, logo and copyright. In the FIR, Flipkart said that it learnt from media…
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Thiruvananthapuram : The Kerala Startup Mission (KSUM), the nodal agency of the state government for entrepreneurship development and incubation activities, has provided Rs 25 crore as innovation grant to startups in the past five years…
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New York : US stocks plunged, with the Nasdaq marking its worst month since October 2008 and the S&P notching its worst month since March 2020 at the onset of the Covid pandemic. The tech-heavy Nasdaq fell 4.2 per cent on Friday,…
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New Delhi : Multinational oil and gas company Shell has agreed to acquire India-based renewable power firm Sprng Energy for $1.55 billion, multiple reports said. It aims to boost the energy company's low-carbon output as it shifts away…
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Chennai : Former Tamil Nadu Chief Minister O. Panneerselvam on Saturday said the stoppage of production at two car plants in the state is a major concern. Panneerselvam, also the AIADMK Coordinator, was referring to the decision of…
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Chandigarh:  Amid a heatwave spell, the peak power demand in Haryana touched an all-time high with additional requirement of 3,000 MW electricity. The BJP government claims necessary arrangements are being made to overcome the shortage.…
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Chandigarh: Punjab is facing acute power outage with its thermal plants heading to either facing deficiency of coal or hitting by a snag owing to increase in load capacity, state officials said on Saturday. Officials say since most of…
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Jaipur:  Reeling under an acute power crisis, the Rajasthan government has announced scheduled power cuts each day across the state as there has been a wide gap between power demand and supply. Bhaskar A. Sawant, the state's Chief…
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