Economy

Chennai:  The Tamil Nadu government has reduced the prices of plots at Small Industries Development Corporation (SIDCO) estates across the state to make them affordable to small and medium industries that come under the MSME bracket.…
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New Delhi:  Reduction in Central excise as well as state VAT on petrol and diesel is expected to ease domestic inflationary pressure, RBI Governor Shaktikanta Das said on Wednesday. In a virtual address post the monetary policy meet, the…
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New Delhi: India must complete the migration from 2G to 4G to 5G at the earliest and the roll out of 5G should be India's national priority, Mukesh Ambani, Chairman and Managing Director, Reliance Industries Limited (RIL), said here on…
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Chennai: Spice Jet has announced that it would file an appeal in the Madras High Court against an order of the single bench of the high court directing the airline to wind up its operation. Justice Subramaniam of the Madras High Court…
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Mumbai:  To support a durable as well as lasting economic recovery amid concerns over the Omicron variant of the coronavirus, the Reserve Bank of India on Wednesday retained its key lending rates along with the growth-oriented accommodative…
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New Delhi:  The 30-scrip Sensitive Index (Sensex) rose sharply in early trade on Wednesday after the announcement of the Reserve Bank of India's Monetary Policy Committee outcome. The central bank kept repo rate and reverse repo rate…
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Mumbai:  Abu Dhabi Chemicals Derivatives Company RSC Ltd (TAZIZ) and Reliance Industries Limited (RIL) have agreed to launch a chemical production joint venture at the TAZIZ Industrial Chemicals Zone in Ruwais. The new joint venture --…
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New Delhi:  With more than six million paying users, and a 85 per cent renewal rate, edtech unicorn BYJU's has had a glorious run in India, particularly since the Covid-19 pandemic began. However, behind this meteoric rise lies customer…
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San Francisco:  Toyota Motor Corp has announced that it is building a new $1.29 billion battery factory in North Carolina in an effort to bring some of its electric vehicle supply chain to the US. Toyota announced that it will invest…
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New Delhi:  The first half of 2021-22 has seen a 185 per cent increase in stainless steel imports compared to the average monthly imports in the last fiscal, creating havoc for the Indian players. The import tide of stainless steel from…
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