After the recent fuel price hike, economists are now warning that petrol and diesel prices in India could rise even further in the coming weeks, possibly by as much as ₹10 per litre. India’s state-run oil marketing companies (OMCs), which control nearly 90% of the country’s fuel retail market, recently increased petrol and diesel prices […]
Business
New Delhi Television Ltd. (NDTV) reported its fourth consecutive quarterly loss as rising operational and production expenses continued to impact the broadcaster’s financial performance. The company posted a loss of ₹527.7 million for the July-September quarter, compared to a profit of ₹59.1 million during the same period last year. NDTV said its expenses increased sharply
ANI Pharmaceuticals Inc. director Patrick D. Walsh has sold company shares worth more than $1.13 million, according to a recent filing with the US Securities and Exchange Commission (SEC). The stock sale took place over two separate transactions earlier this week. On May 11, Walsh sold 3,973 shares at a price of $80.75 per share. […]
Gold and silver prices witnessed a mild decline in India’s retail market on Friday, 15 May, as global economic factors and a stronger US dollar continued to put pressure on bullion rates. The price of 24K and 22K gold dipped marginally across major Indian cities including Delhi, Mumbai, and Chennai, while silver prices also moved […]
Ride-hailing company Uber is set to establish its first-ever data center in India through a partnership with the Adani Group, marking a major step in the company’s growing investment in the country’s technology ecosystem. The announcement was made by Uber CEO Dara Khosrowshahi after his meeting with Adani Group Chairman Gautam Adani in Ahmedabad. Sharing […]
Nearly a decade after his last visit, US President Donald Trump has returned to China — but this time he is stepping into a country that is stronger, more confident, and far more influential on the global stage. When Trump last visited Beijing in 2017, Chinese President Xi Jinping welcomed him with grand ceremonies, including […]
Veteran banker and industry leader Uday Kotak has issued a serious warning about the possible impact of the ongoing US-Iran conflict on India, saying the country should prepare for difficult times ahead rather than wait for the crisis to hit. Speaking at the CII Annual Business Summit in Delhi, Kotak said India has not yet […]
The Indian government has sharply increased customs duties on gold, silver and other precious metals as part of a larger strategy to protect the country’s economy during a time of global uncertainty. The move comes after Prime Minister Narendra Modi urged citizens to cut unnecessary spending, save fuel, and reduce imports that put pressure on […]
Navrattan Cement Industries LLP, a subsidiary of Navrattan Group, has announced an initial investment of ₹250 crore to establish a new green cement manufacturing plant in Punjab. The upcoming facility will be located in Rai Majra village, Rajpura, Patiala district. The company said the new unit will use advanced green cement technologies aimed at lowering […]
After Prime Minister Narendra Modi appealed to citizens to conserve fuel and work from home, IT employees across India are now demanding official action. The Nascent Information Technology Employees Senate (NITES) has written to the Union Labour Ministry, asking for a temporary mandatory work-from-home policy for IT and IT-enabled services employees in the national
