Apple to open two retail stores in India this month, check out details
Tech major Apple on Tuesday announced it will open its two official retail stores in Mumbai and Delhi soon.
Finance
IMF cuts India's FY24 growth rate to 5.9 pc
The International Monetary Fund (IMF) has reduced its GDP growth estimate for India for the financial year 2023-24 by 20 basis points to 5.9 percent.
Shapoorji Pallonji Group to raise $2 billion via asset sale in engineering firm: Report
Mumbai: Shapoorji Pallonji Group, owned by billionaire Shapoor Mistry, is contemplating the sale of assets, including a controlling stake in its primary engineering company, that is expected to generate around $2 billion, Bloomberg reported citing sources.
Volvo Car India celebrates delivers 200th Pure Electric XC40 Recharge
Kolkata: Volvo Car India Tuesday announced delivery of its two hundredth all electric XC40 Recharge, the company said in a press release.
NPCI appoints Vishal Kanvaty as CTO
New Delhi/IBNS: National Payments Corporation of India (NPCI) has appointed Vishal Anand Kanvaty as its Chief Technology Officer (CTO), a statement said on Tuesday.
Unified Portal of Central Bureau of Narcotics launched
New Delhi/IBNS: The Central Bureau of Narcotics on Tuesday launched its unified portal as one step solution for the user industry to facilitate the licensing and ExIM authorisations issued by the Bureau.
ICICI Bank introduces EMI facility for UPI payments by scanning QR code
Mumbai: ICICI Bank Tuesday announced that it has introduced an easy EMI facility for UPI payments made by scanning QR code.
FM Sitharaman holds roundtable with investors, biz leaders during US visit
Washington: Finance Minister Nirmala Sitharaman on Monday attended a roundtable meeting with business leaders and investors, co-hosted the by Confederation of Indian Industry (CII) and US-India Business Council in the US Chamber, in Washington, DC.
ONGC's Coal Bed Methane block in Bokaro commissions new Gas Collecting Station
Mumbai: Oil and Natural Gas Corporation Limited (ONGC) on Tuesday has successfully commissioned a new Gas Collecting Station (GCS) in its Bokaro Coal Bed Methane block.
Bank of India launches web-based security MIS Application
Mumbai: Bank of India on Tuesday said it has taken a significant step towards enhancing its security measures by launching a web-based Security MIS (Management Information System) application.
Baskin Robbins launches new Product Portfolio, introduces new dessert categories
Ice cream major Baskin Robbins has announced the launch of a number of product categories and new flavors beginning this summer season.
India's Adani Power begins supplying thermal power to Bangladesh
Godda: Adani Power Limited (APL), a part of the diversified Adani Group, announces the commissioning of its first 800 MW ultra-super-critical thermal power generation unit at Godda in the Jharkhand district of India and begins supplying Bangladesh with 748 MW of power.
Tata Group may complete Wistron’s iPhone plant buyout deal this month: Reports
Bengaluru: Tata Group might soon complete its takeover of Wistron’s iPhone plant in Bengaluru by the end of April.
Modi govt sets rules for export of 'halal certified' meat and meat products
New Delhi: The Centre has issued a clarification on the export of ‘halal certified’ meat and meat products, stating that such items will be given the certification only if they are produced, processed, and packaged in a facility validated by a body accredited by a board of the Quality Council of India.
Rs 23.2 lakh cr sanctioned to over 40.82 cr accounts under Mudra loan scheme since inception: Nirmala Sitharaman
New Delhi/IBNS: The government has sanctioned around Rs 23.2 lakh crore to 40.82 crore loan accounts under the Pradhan Mantri Mudra Yojana (PMMY) scheme as of March 24, 2023, Finance Minister Nirmala Sitharaman said on Saturday.
FM Sitharaman to visit US to attend Spring Annual Meetings of the IMF-World Bank
New Delhi/IBNS: Finance Minister Nirmala Sitharaman will start an official visit to the USA on April 10, 2023, an official statement said on Saturday.
Kolkata Metro to test run underwater coaches on Sunday: Report
Kolkata: West Bengal’s capital Kolkata is set to witness the test run of two six-coach trains on the 4.8 km stretch between Esplanade and Howrah Maidan, marking India’s first underwater journey, TOI reported.
Employment slows down in US as economy cools
Washington: Job gains in the US decreased for a second consecutive month in March, the latest government data revealed, indicating that the economy is slowing down as policymakers continue their efforts to curb inflation, AFP reported.
Fintech company ZestMoney to cut 20% workforce: Report
Bengaluru: ZestMoney, a buy now, pay later (BNPL) platform based in Bengaluru, is cutting 100 jobs, around 20% of its workforce, Business Standard reported.
Mustard seed prices slip below MSP: Report
Pune: The price of mustard seeds, India's primary oilseed crops, has slipped below the minimum support price (MSP), ET reported.
Tesla cuts down car prices amid economic slowdown
New York: Elon Musk’s Tesla has reduced the prices of its electric cars in the United States, its website showed on Thursday, apparently to offer discounts to potential customers in light of an economic slowdown.
CCI approves SREI Infra Finance's acquisition by NARCL, IDRCL
New Delhi: The Competition Commission of India (CCI) announced on Thursday that it has given the green light for National Asset Reconstruction Company Ltd (NARCL) and India Debt Resolution Company Ltd (IDRCL) to acquire SREI Infrastructure Finance.
Airbus to set up new assembly line in China, gets nod for 160 plane order
Beijing: European aircraft manufacturer Airbus has announced plans to set up a second assembly line in China, with the aim of doubling its capacity in the country and enhancing its presence in the world's second-largest aviation market, Reuters reported.
Russia remains top crude oil supplier to India in March with 1.64 million bpd
Russia supplied 1.64 million barrel per day (bpd) of crude oil to India, surpassing traditional suppliers such as Saudi Arabia and Iraq, Moneycontrol reported.
Suzuki introduces Stunning New Colours for its legendary Hayabusa
New Delhi: Suzuki Motorcycle India Pvt. Ltd. (SMIPL), the two-wheeler subsidiary of Suzuki Motor Corporation on Friday launched a new series of vibrant colours for the third generation Hayabusa model which has now become OBD2-A compliant.
Rasna creator Areez Pirojshaw Khambatta awarded ‘Padma Shri’
Kolkata: Late Areez Pirojshaw Khambatta, Founder and Chairman of Rasna Group, has been awarded the Padma Shri (Posthumous), 2023, for his work in Trade and Industry in the state of Gujarat.
Pohela Boisakh: Amazon.in launches specially curated shopping store
Kolkata: Double up your excitement and celebration this festive season as Amazon.in brings to you it's specially curated ‘Pohela Boishakh shopping store’ that offers a wide selection of products to address the varied shopping needs of customers celebrating Bengali new year.
Cabinet approves revised domestic gas pricing guidelines, natural gas price set at 10 pct of Indian Crude Basket monthly average
New Delhi/IBNS: The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi has approved the revised domestic natural gas pricing guidelines for gas produced from nomination fields of ONGC and other legacy old fields.
ICICI Securities appoints Pratik Loonker as Head of Institutional Syndication
Mumbai: ICICI Securities Thursday said it has appointed Pratik Loonker as the Head of Institutional syndication of the organisation.
UPI emerges as the second most preferred repayment method for digital loans: CASHe Report
Kolkata: UPI emerged as the second most preferred repayment method after e-NACH for borrowers on CASHe, a credit-led, AI-driven financial wellness platform.