Business

Business

Rupee gains 9 paise more against dollar at 64.95

The rupee advanced 9 paise against  the dollar to breach the 65 level at 64.95 -- a fresh 17-month  high -- in early session on Wednesday...

Rishi Sunak speaks on April GDP statistics, says world seeing a slowing growth

  NATIONS around the world are witnessing a sluggish growth and the UK is no exception. This is what Rishi Sunak, the chancellor to the exchequer, said in...

IMF cuts growth forecast for India, warns on inflation

THE INTERNATIONAL MONETARY FUND has cut its growth forecast for India and warned that Asia`s third-largest economy is flirting dangerously with double-digit inflation. In...

MMTC sees more gold import curbs, says official

THE government may further raise import duties on gold or put a cap on purchases in a bid to rein in the current account...

ICICI Bank appoints Sandeep Bakhshi as COO; Kochhar to remain on leave

ICICI Bank announced on Monday the appointment of Sandeep Bakhshi as chief operating officer and said CEO Chanda Kochhar would be on leave till...

Tata Motors to shut Spanish bus unit over losses

INDIA’S giant Tata Motors announced on Tuesday (September 24) it is closing its Spanish bus and coach manufacturing factory next month due to “huge...

Amazon launches online pharmacy in India

US tech giant Amazon launched its first Indian online pharmacy service on Friday as it attempts to grab more of the country's burgeoning e-commerce...

Investors lean towards opposition after exit polls

THE rupee rose to a five-week high against the dollar and stocks jumped around 1.5 per cent to near record highs on Thursday (December...

India car sales slide 26 per cent, biggest drop in 12 years

CAR SALES in India’s once-booming passenger market plunged nearly 26 per cent last month on an annual basis, their worst performance in 12 years,...

Amazon to invest $1 billion in digitising Indian small businesses

Amazon chief Jeff Bezos on Wednesday said the e-commerce major will invest $1 billion in digitising small and medium businesses in India. The company will...