Economy

New Delhi: Indian steel prices will soften by 10 to 15 per cent next year as domestic and international steel spreads narrow. Supply constraints will ease due to stronger Indian crude steel production, with more material directed towards…
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New Delhi:  Healthtech startup Pristyn Care on Wednesday announced it has raised $96 million in its Series E round, doubling its valuation in the last seven months to $1.4 billion and becoming a unicorn. The latest round was led by…
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Berlin:  The ifo Institute, a research institution based in Munich, has lowered its 2022 economic growth forecast for Germany from the previous forecast of 5.1 to 3.7 per cent in 2022. "A strong recovery will set in during the summer in…
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Lagos:  The African Development Bank (AfDB) has said it has approved a $210 million loan to unlock Nigeria's agriculture sector potential and promote industrialisation through the development of strategic crops and livestock. In a…
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New Delhi:  India's November merchandise exports rose to $30.04 billion, higher by 27.16 per cent on a year-on-year basis, official data showed on Tuesday. Exports during November 2020 stood at $23.62 billion. The data by the Ministry…
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New Delhi: Bharti Airtel and technology services major Capgemini on Tuesday announced to collaborate on bringing India-specific, 5G-based enterprise grade solutions to the country. Capgemini's 5G Lab within its Mumbai campus and Airtel's…
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New Delhi:  Elon Musk-owned electric vehicle company Tesla has received approval for three more trims of its electric vehicles in India, bringing the total to seven versions approved in the country, media reports said. Tesla India…
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New Delhi: Higher prices of commodities, food items and manufactured products lifted India's November wholesale inflation on both sequential and year-on-year basis. Accordingly, the annual rate of inflation, based on wholesale prices,…
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New Delhi: Adani Green Energy Ltd (AGEL), the worlds largest solar power developer and the renewable energy arm of the diversified Adani Group, has signed an agreement with the Solar Energy Corporation of India (SECI) to supply 4,667 MW of…
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Kabul:  Amid the ongoing humanitarian crisis in Afghanistan, the national currency, the afghani, has recorded an alarming drop against the US dollar leading to a sharp increase in the prices essential items like food and fuel. The…
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