Category: Business

On Monday, the rupee hit a record low of 79.38 against the US dollar, as dollar strength and negative trends in domestic equities put pressure on the domestic currency. However, falling oil prices kept the losses in check. By 0436 GMT,On Monday, the rupee hit a record low of 79.38 against the US dollar, as dollar strength and negative trends in domestic equities put pressure on the domestic currency. However, falling oil prices kept the losses in check. By 0436 GMT,

With the payments through various UPI apps fast becoming the norm of the day, regulators and even lawmakers are becoming wary of a strong duopoly in the market and that too of foreign-owned entities. As per the latest data from theWith the payments through various UPI apps fast becoming the norm of the day, regulators and even lawmakers are becoming wary of a strong duopoly in the market and that too of foreign-owned entities. As per the latest data from the

Digital financial services firm Paytm’s loan disbursement jumped nearly nine-fold to Rs 5,554 crore through 84.78 lakh transactions in the April-June quarter, reaching an annualised run rate of Rs 24,000 crore, the company said in a BSE filing. The company hadDigital financial services firm Paytm’s loan disbursement jumped nearly nine-fold to Rs 5,554 crore through 84.78 lakh transactions in the April-June quarter, reaching an annualised run rate of Rs 24,000 crore, the company said in a BSE filing. The company had

The prices of Brent futures declined below $100 a barrel for the first time since April amid worries of a likely global recession. Brent futures was trading around $101.53 per barrel on Thursday at 6 pm IST. Meanwhile, the pricesThe prices of Brent futures declined below $100 a barrel for the first time since April amid worries of a likely global recession. Brent futures was trading around $101.53 per barrel on Thursday at 6 pm IST. Meanwhile, the prices

As Uber aggressively pushed into markets around the world, the ride-sharing service lobbied political leaders to relax labour and taxi laws, used a “kill switch” to thwart regulators and law enforcement, channeled money through Bermuda and other tax havens and consideredAs Uber aggressively pushed into markets around the world, the ride-sharing service lobbied political leaders to relax labour and taxi laws, used a “kill switch” to thwart regulators and law enforcement, channeled money through Bermuda and other tax havens and considered

Billionaire Gautam Adani’s group is said to be planning a surprise entry into the 5G race to acquire telecom spectrum, which will pitch it directly against Mukesh Ambani’s Reliance Jio and telecom czar Sunil Bharti Mittal’s Airtel, sources told news agencyBillionaire Gautam Adani’s group is said to be planning a surprise entry into the 5G race to acquire telecom spectrum, which will pitch it directly against Mukesh Ambani’s Reliance Jio and telecom czar Sunil Bharti Mittal’s Airtel, sources told news agency

Indian equities saw bulls making a comeback and in Friday’s session Nifty ended higher reclaiming 16,200 levels. Broader indices however lagged marginally and Bank Nifty continued to be in good shape. While historically, there is positive momentum in July,Indian equities saw bulls making a comeback and in Friday’s session Nifty ended higher reclaiming 16,200 levels. Broader indices however lagged marginally and Bank Nifty continued to be in good shape. While historically, there is positive momentum in July,

Avenue Supermarts today reported its June quarter results wherein standalone profit has increased to Rs. 680 crore as against Rs. 115 crore in the same quarter last year. Total revenue at the retail concern has also inched higher byAvenue Supermarts today reported its June quarter results wherein standalone profit has increased to Rs. 680 crore as against Rs. 115 crore in the same quarter last year. Total revenue at the retail concern has also inched higher by

A significant employment growth and an average growth in employee numbers was witnessing a 108 per cent increase in the last two years in the electric vehicle space, a study by CIEL Human Resources services said on Saturday. Engineering department hasA significant employment growth and an average growth in employee numbers was witnessing a 108 per cent increase in the last two years in the electric vehicle space, a study by CIEL Human Resources services said on Saturday. Engineering department has

Union minister Nitin Gadkari has expressed confidence that green fuel will end the need for the use of petrol in vehicles in the country after five years. He made the statement in Maharashtra’s Akola on Thursday, where he was conferred anUnion minister Nitin Gadkari has expressed confidence that green fuel will end the need for the use of petrol in vehicles in the country after five years. He made the statement in Maharashtra’s Akola on Thursday, where he was conferred an