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Home  Business

Business

Retail inflation for industrial workers rises marginally to 5.24 pc in May

Retail inflation for industrial workers rises marginally to 5.24 pc in May

  • Investors’ wealth soars Rs 25.46 lakh crore so far this fiscal

    Mirroring the optimistic sentiment, the market capitalisation of BSE-listed companies reached its lifetime peak of Rs 2,31,58,316.92 crore on June 15 this year.
  • GST reduced tax rate, increased compliance: Finance Ministry

    Under GST, businesses with an annual turnover of up to Rs 40 lakh are exempt from the tax.
  • Apple now Google’s largest corporate client for cloud storage

    As of May, Apple was on track to spend about $300 million on Google cloud storage services in 2021, about a 50 per cent increase year-over-year, reports The Information.
  • Industrial AI firm Detect Technologies raises $12 miliion

    The funding round saw significant participation from existing investor Elevation Capital and continued support from Bharat Innovation Fund, BlueHill Capital, and Axilor Ventures.
  • Mi 11 Lite logs sales worth Rs 200 cr within first week

    The company said that Mi 11 Lite has received an outstanding response from Mi Fans and consumers.
  • International flights suspension extended till July 31

    "However, international scheduled flights may be allowed on selected routes by the competent authority on case to case basis."
  • TSIIC invites EoI for setting up special food processing zones

    An extensive meeting was chaired by Ministers KT Rama Rao, S Niranjan Reddy and Gangula Kamalakar at TSIIC office here on Wednesday, to discuss setting up special food processing zones.
  • Santro to Alcazar: Hyundai Motor India rolled out 10M cars

    As the country's largest exporter of automobiles, Hyundai Motor surpassed the three million vehicle export milestone in early 2020.
  • Amitabh Kant gets another 1-year extension as NITI Aayog CEO

    The Appointments Committee of the Cabinet (ACC), chaired by Prime Minister Narendra Modi, took the decision on Tuesday.
  • RBI raises average base rate for NBFC-MFI to 7.98%

    The rate has been increased from 7.81 per cent that was applicable in the April-June quarter.
  • Bharath Biotech refutes charges of irregularities in Covaxin supply to Brazil

    This assertion came from Bharath Biotech, after Brazil indicated suspension of its contract with the Hyderabad-based vaccine maker after allegations of irregularities in the deal surfaced.
  • Apple unveils new International Collection bands

    The collection features a 22 limited-edition Sport Loop bands with colourful designs that represent those nations across the globe, the company said in a statement on Tuesday.
  • Amazon unveils 2 new Echo Show devices in India

    The all-new Echo Show 10 is priced at Rs 24,999 and will be available on Amazon in the black colour option.
  • Hyderabad-based Fourth Partner Energy raises $125 million

    Funding from Norwegian Investment Fund and TPG’s fund to help the solar solutions in business expansion across India and global markets
  • Strong fiscal policy support needed to kick start growth: EY India

    The report said that although growth is projected at 8.3 per cent in 2021 for India, this masks significant expected economic damage from Covid's second wave.
  • Fuel prices rise by Rs 8.50 per litre during peak of Covid

    Starting from a price line of Rs 90.40 a litre on May 1, petrol is now priced at Rs 98.81 a litre in the national capital, rising by a sharp Rs 8.41 per litre in the last 60 days.
  • United Airlines orders 200 more Boeing 737 MAX jets

    The largest model in the family, the 737-10 seats up to 230 passengers in a single-class configuration and can fly up to 3,300 miles, according to Boeing.
  • Zomato’s $100M investment to turn Grofers into unicorn: Report

    According to TechCrunch, the proposed investment values the seven-year-old startup Grofers, which counts SoftBank as its largest investor, at over $1 billion.
  • Sensex rises over 200 pts in early trade; Nifty tops 15,800

    Maruti was the top gainer in the Sensex pack, rising over 1 per cent, followed by Titan, Infosys, Tata Steel, M&M, Asian Paints and Nestle India.
  • Industry aiming for digital resilience: Unisys

    A latest study by Unisys in collaboration with IDC, reveals that across the globe, almost 40 per cent of the workforce was forced to shift to remote ways of working almost overnight.
  • Bharti to invest additional Rs 3,700 cr into OneWeb

    The announcement comes as OneWeb gears up for its eighth launch on July 1, delivering much-anticipated and strategically valuable Arctic region coverage down to 50 degrees latitude.
  • Oil prices very challenging: India to OPEC

    Fuel rates are at record highs across the country and petrol has crossed Rs 100 a litre mark in about a dozen states and union territories.
  • Computer History Museum honour for Raj Reddy

    Raj Reddy, an Indian-American professor and researcher in AI and Robotics, was recognised for his contribution towards revolutionising AI and speaker-independent continuous speech recognition.
  • Rupee falls by 4 paise to 74.23 on fiscal concerns, strong dollar

    The expectations of higher-than-expected fiscal deficit after governments' announcement of new relief package on Monday weighed on investor sentiment.
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