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Economy
Banks’ Asset Risks Rise, but Credit Strength to Stay Intact: Moody’s
New Delhi: Asset risks for banks will rise in most parts of ASEAN (the Association of Southeast Asian Nations) and India as the region battles new waves of coronavirus infections amid low vaccination rates, according to a report by Moody's…
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Samsung ranks 4th in Android 5G smartphone market in Q2
Seoul: Samsung Electronics was the world's fourth-largest vendor of Android 5G smartphones in the second quarter of the year, a report showed on Tuesday, as Chinese makers aggressively expanded their presence.
Samsung had a market share…
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Sensex up 200 points, banking stocks rise
Mumbai: The key Indian equity indices traded on a positive note on Tuesday morning with the BSE Sensex rising over 200 points.
Healthy buying was witnessed in banking and finance stocks.
Around 10.05 a.m., Sensex was trading at…
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Reliance New Energy Solar to invest in US-based energy storage firm Ambri Inc
Mumbai: Reliance New Energy Solar Ltd (RNESL), a wholly owned subsidiary of Reliance Industries Ltd (RIL), along with strategic investors Paulson & Co. Inc. and Bill Gates, and a few other investors, will invest $144 million in Ambri…
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FB makes data portability more seamless for billions of users
New Delhi: Facebook on Monday announced several updates to make data portability more seamless for billions of users, as the company aims to provide people with choice and control over their data.
The company said that it has rebuilt…
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Volunteer for inquiry: SC refuses to stop CCI probe against Amazon, Flipkart
New Delhi: The Supreme Court on Monday declined to entertain a plea by e-commerce giants Amazon and Flipkart, saying they must face inquiry by Competition Commission of India (CCI) for anti-competitive practices.
A bench headed by Chief…
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Digital Transactions Grow 80% in Last 250 Days: Report
Bengaluru: Digital transactions have grown by 80 per cent in the last 250 days in India and the home services industry (such as carpentry, plumbing and more) has started to embrace digital payments, making transactions grow by a mighty 138…
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Scrap Deposit Insurance, Bring in Insurance for Advances: AIBEA
Chennai: Public sector commercial banks are unnecessarily bearing the cross of deposit insurance and it should be stopped, said the All India Bank Employees' Association (AIBEA).
He said, there is a valid case for reducing the premium…
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SEBI took up 94 cases for probe in alleged violation of norms in FY21
Mumbai: The Securities and Exchange Board of India (SEBI) took up 94 new cases for investigation of alleged violation of securities market regulations in the last financial year.
In its annual report for 2020-21, the capital market…
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Motorola Edge 20 series likely to come in India soon
New Delhi: Lenovo-owned smartphone brand Motorola has hinted that its "Edge 20" series is coming soon for Indian users.
The company has posted some teasers on its official Instagram and Twitter accounts with the hashtag #FindYourEdge,…
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