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Home  Business

Business

Gold imports surge to USD 45 billion in April-Feb this fiscal

Gold imports surge to USD 45 billion in April-Feb this fiscal

  • Samsung planning its own designer smartphone skins

    The South Korean giant has filed a trademark application for the moniker 'Fashion Film' with the United Kingdom Intellectual Property Office, described as "Protective and decorative films adapted for smartphones."
  • India GDP growth forecast cut to 7.9 per cent: Morgan Stanley

    New Delhi: As higher oil prices torpedo economic recovery worldwide, Morgan Stanley has cut India’s GDP forecast for the fiscal year beginning April 1 by 50 basis points to 7.9 per cent, raised retail inflation projection to 6 per cent and expects current account deficit to widen to 3 per cent of GDP. “Even as […]
  • New iPhone SE 5G to open up more mid-end segments

    iPhone SE will be available in 64GB, 128GB, and 256GB models in midnight, starlight and (PRODUCT)RED starting at Rs 43,900.
  • Paytm CEO arrested, later released on bail for rash driving

    Delhi Police Spokesperson Suman Nalwa told IANS that the incident took place on February 22 in south Delhi' Malviya Nagar area.
  • Centre nets over Rs 3.78 lakh crore from divestment

    Hyderabad: The disinvestment drive undertaken by the BJP government at the Centre has netted an incredible amount of Rs 3,78,383 crore so far, if the statistics released by the Centre are any indication. Ever since the BJP took over the reins of the Central government in 2014, close to 155 disinvestment /fund transfers took place. […]
  • RBI lifts all restrictions on HDFC Bank; permits new digital launches

    New Delhi: The RBI has lifted all restrictions on HDFC Bank, permitting it to launch new digital initiatives, the private sector lender said on Saturday. “We would like to inform one and all that the Reserve Bank of India (RBI) has lifted the restriction on the business generating activities planned under the Bank’s Digital 2.0 […]
  • Pickright to expand user base, raise funds by May 2022

    Hyderabad: Pickright Technologies, a unified and diversified investment advisory platform, is aiming to raise funds and build a 10-lakh user base in the coming years. The company will raise $2 million (over Rs 15 crore) by May 2022 to meet its expansion needs. The company will be serving investors pan-India particularly targeting those in the […]
  • Virtual reality gaming gets bigger with Zero Latency’s entry into Hyderabad

    Hyderabad: The battlegrounds for the survival shooter games and their ilk just got bigger with Zero Latency, the Australian virtual reality gaming studio known across several countries for its life-like experience, recently opting to launch at the Hyderabad International Airport. It offers free roam virtual reality, which allows multi-players to actually move around the arena […]
  • Esri India looking at new applications, innovations based on GIS technology

    Hyderabad: Esri India Technologies, an end-to-end Geographic Information System (GIS) software and solutions provider, is looking at new innovations including indoor mapping for airports, office infrastructure, manufacturing plants, which helps in facilities management, saving energy costs, and to make infrastructure more sustainable. It is also strengthening the usage of GIS and exploring new applications in […]
  • Interest rate on provident fund cut to four-decade low of 8.1 per cent

    New Delhi: Interest rate on employees’ provident fund deposits on Saturday was proposed to be cut to a four-decade low of 8.1 per cent for the current 2021-22 fiscal from 8.5 per cent in the previous year, sources said. This is the lowest interest rate since 1977-78 on deposits that employees make towards their retirement […]
  • Green Hydrogen policy to support Renewable Energy capacity addition

    New Delhi: ‘Green Hydrogen’ policy is expected to support the Renewable Energy (RE) capacity addition targets of the country. At present, ‘Green Hydrogen’ is produced through using renewable energy. On the other hand, ‘Gray Hydrogen’ which is the most commonly used is derived from fossil fuels. The ‘Green Hydrogen’ segment is becoming popular globally but […]
  • RBI bars Paytm Payments Bank from onboarding new customers

    The RBI has also directed Paytm Payments Bank to appoint an IT audit firm to conduct a comprehensive system audit of its IT system.
  • NTT business solutions to recruit 400 people in Hyderabad

    Hyderabad: NTT DATA Business Solutions, which is part of the NTT Group, has plans to recruit about 400 people in Hyderabad. The company has also begun an experiment to recruit people from rural areas like Adilabad through a partnership with a local startup, NTT DATA Business Solutions Managing Director and CEO Sanjeev Deshpande tells Telangana […]
  • Hyderabad-based VST Industries embraces solar power

    Hyderabad: Hyderabad-based VST Industries, as part of its commitment to sustainability, commissioned a 1 MW rooftop solar plants for its manufacturing units. These plants will provide about 25 per cent of the company’s energy needs. This will result in reducing a total of 1,310 MT of carbon dioxide emissions. Energy generated from these plants will […]
  • Netweb plans innovation lab in Hyderabad, manufacturing also on the cards

    Hyderabad: Faridabad-based Netweb Technologies, a server manufacturer, which has been selected amongst 14 applicants under the PLI scheme for the manufacturing of IT hardware products, is looking to manufacture motherboards and other hardware products in India. To support its R&D further, the company will set up an innovation lab in Hyderabad in the next 2-3 […]
  • Hyderabad: Large spaced apartments in demand

    Hyderabad: A few years back whenever one would picture a 2BHK or a 3BHK apartment it would be mostly in the size range of 700 sqft to a maximum of 1,200 sqft. While for a 2BHK the bedroom sizes would be less than 150 sqft each and the rest would include the living area that […]
  • 71 per cent employees choose remote work over promotion

    Hyderabad: Work from home has become the norm and majority prefers this model even as many office spaces are looking to starting full-time. A study by Ivanti on Future of Work highlights that about 71 per cent of employees are choosing to work from anywhere over being promoted. However, the report also pointed out that […]
  • Elon Musk, Grimes welcome second child via surrogacy

    The Canadian singer, born Claire Boucher, was initially reluctant to reveal the couple's second child, nicknamed "Y", but during an interview at her home in Austin, Texas, Vanity Fair journalist Devin Gordon overheard a baby crying.
  • Bikanervala sets up Rs 50-crore facility in Telangana, to generate over 250 jobs

    Hyderabad: New Delhi-based Bikanervala Foods (Bikano), a snack and packaged food company, has set up a new manufacturing unit in Telangana with an investment of about Rs 50 crore, with a potential to create over 250 jobs in the near-term. The plant will primarily cater to Telangana, Andhra Pradesh, and Maharashtra markets. Bikano has five […]
  • PhonePe’s new marketing campaign aims to revive long lost truck art

    As part of the campaign, a fleet of trucks plying on highways in Maharashtra, covering Pune, Nashik and Mumbai, will have catchy phrases on art canvases on their tailgates.
  • Sensex jumps 268 points after initial fall; Nifty climbs over 16,600 level

    The 30-share BSE Sensex opened weak and declined 414.44 points to 55,049.95 in opening deals. But, within minutes, it pared all its losses and jumped 268.39 points to 55,732.78.
  • Apple reportedly planning to launch first M2 Macs later this year

    M2 is expected to have the same 8-core CPU as the M1, but there will be speed and efficiency improvements as it may be built on a smaller node.
  • Qentelli to hire 700 people for Hyderabad centre, aims for $1 billion valuation

    Hyderabad: US-headquartered Qentelli, which has its global development centre in Hyderabad, is aiming for $1 billion valuation by the end of 2023. The company is expanding its operations globally and hiring over 1,000 people by the end of 2022, out of which 700 would be for Hyderabad centre alone. The company caters to wide ranging […]
  • Hyderabad’s popsicle brand Skippi to expand footprint pan-India

    Hyderabad: Hyderabad-based Skippi Ice Pops, India’s first popsicle brand, which has a manufacturing facility in Shamshabad is going to spread its base pan-India. The company is going to raise funds to a tune of about Rs 10 crore to expand its manufacturing and retail presence. The company recently received Rs 1.2 crore for 18 per […]
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