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Economy
Equity indices open positive despite high inflation in March
New Delhi: Indian benchmark equity indices opened on a positive note despite inflation print for March coming more than market expectations.
Retail inflation for March came at 6.95 per cent, which has been above RBI's upper tolerance!-->…
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Twitter acquires OpenBack to make push notifications better
New Delhi: Twitter has acquired OpenBack, a Dublin-based push notifications company, for an undisclosed sum as the micro-blogging platform aims to make notifications timely, relevant and engaging.
In a tweet thread, Jay Sullivan who is!-->…
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Pine Labs takes majority stake in payments solutions platform Mosambee
New Delhi: Merchant commerce platform Pine Labs on Wednesday said it has made a significant majority investment in end-to-end payment solution provider Mosambee in India, as it expands Buy Now Pay Later (BNPL) offering in Southeast Asia.!-->…
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US inflation hits 40-year high
London: The US inflation rate hit a 40-year high in the year to March after fuel prices soared during the first full month of the Ukraine war, BBC reported.
Consumer prices surged by 8.5 per cent -- the largest annual gain since December!-->…
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Lay-off season begins at startups as India reopens
New Delhi: As Indian companies start reopening their campuses and the country returns to normal after two years of the pandemic, a course correction has begun across the growth-stage startup ecosystem and thousands of workers have either!-->…
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Industry hails TRAI recommendations to slash prime 5G spectrum base price
New Delhi: Leading industry bodies on Tuesday hailed the Telecom Regulatory Authority of India's (TRAI) recommendations of around 35-40 per cent cut in the reserve price for 5G spectrum for mobile services, terming it historic and which!-->…
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India’s Feb 2022 industrial production rises sequentially, YoY
New Delhi : Rise in manufacturing activity pushed India's industrial output higher on a sequential as well as on a year-on-year basis in February 2022, official data showed on Tuesday.
The Index of Industrial Production (IIP) rose by 1.7!-->…
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India’s March retail inflation at 17-month high of near 7%
New Delhi : Higher cost of food items, as well as expensive fuel and manufactured goods like clothing and footwear, pushed India's retail inflation to a 17-month high in March 2022.
As per the data furnished by the National Statistical!-->…
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Arunachal Pradesh slashes VAT on aviation fuel
New Delhi : Arunachal Pradesh on Tuesday announced a reduction in Value Added Tax on Air Turbine Fuel from 20 per cent to 1 per cent.
"The Governor of Arunachal Pradesh is hereby, pleased to reduce the rate of tax in respect of Air!-->…
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India’s EV segment presents Rs 3 lk cr opportunity in next 5 yrs
New Delhi : The electric vehicles (EVs) segment presents an opportunity of almost Rs 3 lakh crore for various stakeholders in India during the next five years through fiscal 2026.
As per a Crisil Research analysis, the opportunity!-->…
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