Browsing Category
Economy
RBI Governor Shaktikanta Das Silences Critics with Right Monetary Policy Mix in Tough Covid Timee
New Delhi: When Shaktikanta Das was appointed governor of the Reserve Bank of India (RBI) in December 2018, many pundits were quick to write volumes about how his coming would mark the end of the Central Banks autonomy. He was appointed…
Read More...
Read More...
RBI Tweaks Current Account Opening Rules for Borrowers with Exposure
Mumbai: The Reserve Bank of India has allowed banks to open current accounts of borrowers with credit exposure, subject to safeguard provisions.
In a notification, it said: "On a review and taking into account feedback received from…
Read More...
Read More...
Adani Group to Invest in Cleartrip, Deepens Strategic Partnership with Flipkart
New Delhi: The Adani Group, India's fastest-growing diversified conglomerate, on Friday announced that it is investing in Cleartrip Private Limited, an online travel aggregator (OTA) and part of the Flipkart Group, India's homegrown…
Read More...
Read More...
AWS Sales Jump 39% as Companies Accelerate Cloud Journey
New Delhi: Amazon Web Services (AWS), the Cloud arm of Amazon, has seen its revenue increasing 39 per cent to $16.11 billion in the September quarter, as customers of all sizes and across all industries are using AWS as the preferred cloud…
Read More...
Read More...
India’s Q3CY21 YoY Gold Demand up 47%: WGC
New Delhi: India's Q3CY21 gold demand rose 47 per cent on a year-on-year basis, said World Gold Council.
Accordingly, the demand for gold in India for Q3CY21 rose 139.1 tonnes from 94.6 tonnes reported for the corresponding quarter of…
Read More...
Read More...
Facebook, WhatsApp, Insta Apps Retain Name, as Parent Finds a New One, Meta
New York: Facebook founder Mark Zuckerberg on Thursday announced that his company will have a new name, Meta.
Somewhat predictably, Zuckerberg downplayed that this rebranding, the first in Facebook's 17 years of existence, is to divert…
Read More...
Read More...
Apple Releases New iOS 14 Updates with Focus on Security
San Francisco: Apple has released iOS 14.8.1 as well as iPad 14.8.1 updates with multiple security updates for those who are still using iOS 14.
According to MacRumors, the iOS and iPadOS 14.8.1 updates can be downloaded for free and the…
Read More...
Read More...
Samsung to Expand Premium Foldable Smartphone, Affordable 5G Lineup
New Delhi: Despite component supply constraints across the industry, Samsung said on Thursday that it will further expand premium smartphone sales with Galaxy Z Flip3 Bespoke Edition while continuing sales momentum of the Galaxy S series.…
Read More...
Read More...
Allocations to Indian Market Increase in September
New Delhi: The month of September saw listed funds inflows of $362 mn, dominated by ETF inflows of S$295 mn into India, Kotak Institutional Equities said in a report.
India-dedicated funds saw inflows of $172 mn led by non-ETF inflows of…
Read More...
Read More...
FADA Seeks ‘Auto Dealer’s Protection Act’
New Delhi: The Centre should consider to introducing an Automobile Dealers Protection Act, the Federation of Automobile Dealers Associations (FADA) said on Wednesday.
According to FADA, after GM (2017), MAN Trucks (2018), UM Lohia…
Read More...
Read More...