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Economy
McDonald’s, Starbucks, Coca-Cola shut shops, halt production in Russia
New Delhi/Moscow : Several consumer giants including McDonald's, Coca-Cola, Starbucks and PepsiCo have shut their restaurants and paused business in Russia due to its invasion of Ukraine.
Other well-known Western food giants such as KFC!-->…
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Samsung set to become top premium player in India with S22 series
New Delhi : Samsung India on Wednesday said that it has received 1,4 lakh pre-bookings for its newly-launched Galaxy S22 series in the country to date, as the company aims to make its premium flagships more accessible to the aspirational!-->…
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Indian non-life industry grew by Rs 814 crore in Feb
Chennai : Indian general insurance industry closed February 2022, with a gross premium of Rs 16,560.99 crore, up by Rs 814 crore over the corresponding period last year.
According to the Insurance Regulatory and Development Authority of!-->…
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Fair market regulator CCI is ‘spineless, toothless’, says CAIT
New Delhi: Coming down heavily on the Competition Commission of India (CCI) for dropping investigation against Amazon for alleged violations pertaining to selling private labels on its portal, the Confederation Of All India Traders (CAIT)!-->…
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After S.Korea, India too needs law to ensure fairer app economy: ADIF
New Delhi: As South Korea set an example in curbing abuse of dominance by Apple and Google app stores, New Delhi-based Alliance of Digital India Foundation (ADIF) on Wednesday urged the government to create similar legislative reforms in!-->…
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NLMC to be setup for monetisation of CPSE’s surplus land, buildings
New Delhi: A National Land Monetisation Corporation (NLMC) will be set up to undertake the monetisation of surplus land and building assets of Central Public Sector Enterprises (CPSEs) and other government agencies.
Accordingly, the!-->…
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SpiceJet, Indigo shares fly as Centre allows scheduled int’l flights
New Delhi: Shares of Spicejet and Interglobe Aviation – which operates airline Indigo – rose sharply on Wednesday after the Centre's announcement to lift the ban on scheduled international flights.
India will allow resumption of!-->…
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First ethanol refinery to produce 30K litre from bamboo to come up in India
New Delhi : The world's first ethanol production refinery project from bamboo with a daily capacity of 30,000 litres is to be built in India, following an agreement signed between a Hyderabad-based company and a farmers' company in!-->…
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Ukraine war will have impact on Indian economy: Sitharaman
Bengaluru : The ongoing Russia-Ukraine war will certainly have an impact on the Indian economy, Union Finance Minister Niramala Sitaraman said on Tuesday.
"Prices of crude oil prices are rising due to the Ukraine crisis and the Central!-->…
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India to allow scheduled international flight ops from March 27
New Delhi : India will allow resumption of scheduled commercial international passenger services from March 27.
"After having recognised the increased vaccination coverage across the globe and in consultation with the stakeholders, the!-->…
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