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Home  Business

Business

US Fed keeps interest rates near zero amid inflation concerns

US Fed keeps interest rates near zero amid inflation concerns

  • Rotary Clubs in UK donate O2 concentrators to TN hospitals

    The money was routed through Rotary Club of Madras Chenna Patna, which also contributed nearly Rs 5 lakh with the help of its members and 1985 batch mates of National Public School.
  • Indian pharma industry sales to log robust growth: Fitch Ratings

    The credit rating agency said pharma company sales will grow in FY22 as sales normalise in categories affected by the pandemic in the previous year.
  • T-Hub funding programme T-Angel launched

    T-Angel is a 45-days acceleration programme and about 15-20 tech startups with the leading-edge solutions in the various sectors will be shortlisted.
  • Edible oil prices down up to 20% in certain categories, says govt

    Vanaspati was Rs 154 per kg on May 2 and now has come down to Rs 141 per kg, a drop of 8 per cent.
  • Karnataka to use Israeli technologies to boost horticulture

    Lauding the partnership, Yediyurappa said there is scope for adoption of new technologies in crop production and post-harvest management to boost horticulture production in the state.
  • Rupee slips 33 paise to 73.65 against US dollar in early trade

    At the interbank foreign exchange, the domestic unit opened at 73.65 against the dollar, registering a decline of 33 paise over its previous close.
  • CEO Satya Nadella steps in as Microsoft Chairman too

    Gates stepped down as chairman in 2014 and the board then elected John Thompson as independent chairman.
  • Sensex drops over 300 pts in early trade; Nifty slips below 15,700

    The 30-share BSE index was trading 302.80 points or 0.58 per cent lower at 52,199.18 in initial deals. Similarly, the broader NSE Nifty declined 93.70 points or 0.59 per cent to 15,673.85.
  • Skye Air to help Telangana in ‘Medicine from the Sky’ project

    The company is aiming to bring transformational change in rural and remote healthcare systems by enabling easy and faster access to vital medical supplies.
  • Adani group shares tumble

    Shares of Adani Transmission dived 5 per cent, Adani Total Gas Ltd dipped 5 per cent, Adani Power slumped 4.97 per cent and Adani Green Energy declined 3.10 per cent.
  • Post GST, drug firms must cut prices: NPPA

    Drug pricing regulator says companies must pass on the benefit to customers.
  • Ikea fined of USD 1.2 million by French court over spying campaign

    Ikea was fined for a campaign to spy on union representatives, employees and some unhappy customers in France
  • Dr Reddy’s in final phase of Sputnik V pilot rollout

    Being a limited pilot phase presently, registration on CoWIN is not open yet to public, but will become open at the time of commercial launch.
  • RBI likely to maintain status quo in August policy: SBI report

    The Consumer Price Index (CPI)-based inflation hit a six-month high of 6.3 per cent in May, from 4.3 per cent in April.
  • What’s the average data consumption per smartphone in India?

    Average data consumption per smartphone at 14.6 GB per month in India continues to be the second-highest in the world, according to the Ericsson Mobility Report 2021.
  • IT companies set to slash 3 million jobs by 2022

    Roughly 0.7 million roles are expected to be replaced by RPA alone and the rest due to other technological upgrades.
  • Airtel Hyderabad Marathon 2021 postponed 

    The marathon was scheduled to be held on August 29
  • Samco Securities launches KyaTrade to recommend investment ideas

    These investment ideas are curated by Samco's research experts along with machine-led execution strategy, said Jimeet Modi, Founder and CEO, Samco Group.
  • Calf serum used in manufacturing of viral vaccines: Bharat Biotech

    "New born calf serum is used in the manufacturing of viral vaccines. It is used for the growth of cells, but neither used in growth of SARS CoV2 virus nor in the final formulation," the company said in a statement.
  • 22 million Indians applying for new credits every month, says report

    India’s domestic credit growth has averaged 15.1 per cent from March 2000 to March 2021, primarily driven by retail loans and increasing penetration of credit cards, it said.
  • Samsung Display labour union set for 1st ever strike next week

    The labour union said its six officials will first stage a walkout on Monday and will encourage more members to join the move.
  • Hyundai Motor chief tests self-driving EV during US visit

    Chung tested a self-driving Ioniq 5 electric vehicle during his visit to Motional's Boston headquarters and discussed ways to expand the partnership with its senior executives, Hyundai Motor said.
  • Gold slips by Rs 48; silver up by Rs 340

    In the international market, both gold and silver were trading flat at USD 1,859 per ounce and USD 27.78 per ounce, respectively.
  • Ronaldo knocks off $4 billion from Coca-Cola’s value

    The Portuguese star footballer, who plays for Juventus in Serie A and is acknowledged as one of the two best footballers of current era alongside Argentine Lionel Messi, sat down for the interaction with a teammate
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