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Business

Crude oil $86/barrel, fuel hike feared

Mumbai: The global crude oil price rally has stoked fears of oil marketing companies raising prices of diesel and petrol.As NYMEX crude traded above $86 per barrel, the highest level since October 2014, sector experts see an upward revision...

Indian billionaires up from 102 to 142

New Delhi: Pandemic may have led to suffering and decline in income for the poor and vulnerable sections of the society but India's rich got richer during the crisis of the century.While 84 per cent of households suffered a...

Motorola developing smartphone with 200MP camera

Berlin: After launching its flagship smartphone Motorola Edge+ in early 2020, Lenovo owned Motorola is said to be working on another flagship phone.According to a report published by the German website TechnikNews, the device is being developed internally under...

Samsung made over 300mn smartphones in 2021

Seoul: Samsung manufactured over 300 million smartphones, which includes those manufactured by its own units as well as its manufacturing partners, in 2021.According to a report published in The Elec, "it manufactured 238.88 million units on its own. "Over 60...

Dalmia Bharat adds 2.9 MT cement capacity at its Murli plant

Mumbai: Cement manufacturer Dalmia Cement (Bharat) on Saturday said it has commenced commercial operations at its manufacturing plant in Chandrapur, Maharashtra, adding 2.9 million tonne to its overall installed capacity.With this, the company’s installed cement capacity has now grown...

Rupee down 20 paise against USD

Mumbai: The Rupee on Friday tumbled down 20 paise to 74.08 in the opening trade on rising demand for US Dollar by bankers and importers, dealers at the Foreign Exchange said.The local unit remained under pressure because of sliding...

Air passenger traffic up by 5-6%

New Delhi: Domestic air passenger traffic grew by 5-6 per cent at 111 lakh in December 2021, compared to 105 lakh in the previous month, rating agency IRCA said.The average daily departures were 2,800, compared to 2,065 in December...

Employment in nine key sectors rises by 2 lakh in Q2, says Labour Ministry survey

New Delhi: Formal job creation in nine key sectors such as manufacturing, construction, trade education and health has shown uptrend with about 2 lakh additional workers joining the workforce during the July-September quarter of the current fiscal."The estimated total...

SBI Ecowrap-GDP expects to grow by 9.2% in FY22

Kolkata: The first Advance Estimate (AE) of GDP for FY22 has indicated GDP growth at 9.2 per cent and GVA growth at 8.6 per cent. According to a research report on Sunday from State Bank of India’s Economic Research Department,...

IndiGo plans 20% cut in capacity as Omicron cases rise

New Delhi: Low-cost carrier IndiGo would pull out 20% of its flights out of over 1,500 daily flights as Omicron cases surge across the country especially in key metros such as Delhi and Mumbai."We anticipate that around 20% of...

Latest News

Manipur King calls for return of ‘lost territory’, Congress counters with historical facts

Imphal: Manipur’s Titular King, Maharaja Sanajaoba Leishemba, has urged the Indian government to explore the possibility of reclaiming Kabaw...