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Home  Business

Business

Household debt soars to 37.1% of GDP

Household debt soars to 37.1% of GDP

  • Lockdown diaries: Startups developed newer business models to sustain

    While a few sectors like logistics, on-demand platforms did see a negative impact, startup founders and experts believe the agility of entrepreneurs helped them sail through the pandemic with ease
  • Future Group moves division bench of Delhi HC

    "The company has filed an appeal before the High Court of Delhi against the impugned order dated March 18, 2021 passed by Single Judge,” said Future Retail.
  • Forensic accounting standards have adequate flexibility to address unique situations: ICAI

    Institute of Chartered Accountants of India (ICAI) has issued 13 Forensic Accounting and Investigation Standards (FAIS)
  • IRDAI asks insurers to be more transparent in health insurance claims settlement

    It it essential that all insurers establish procedures to let policyholders get clear and transparent communication at various stages of claim process, Irdai said in a circular.
  • Oil giant Saudi Aramco sees 2020 profits drop to $49 billion

    Aramco said it would stick to its promise of paying quarterly dividends of USD 18.75 billion — USD 75 billion a year — due to commitments the company made to shareholders in the run-up to its initial public offering.
  • Voltas expects double-digit growth in Air Conditioner sales

    Voltas is also witnessing an increase in sales in smaller towns.
  • Coinbase to pay $6.5 million to settle CFTC trading probe

    "Reporting false, misleading, or inaccurate transaction information undermines the integrity of digital asset pricing," Vincent McGonagle, Acting Director of Enforcement at CFTC, said in a statement.
  • Gold imports slip 3.3 per cent to USD 26.11 billion in Apr-Feb

    The decline in gold imports has helped in narrowing the country's trade deficit to USD 84.62 billion during the 11-month of the current fiscal, as against USD 151.37 billion a year ago.
  • Obey the law on heir’s employment restrictions: Samsung panel

    After hours of discussion, the compliance committee concluded that Samsung Electronics should obey relevant laws and prevent any illicit activities when the company proceeds with Lee's case.
  • Brazil fines Apple $2M for no charger with iPhone 12

    Apple in October last year announced that the iPhone 12 would not come with chargers or earbuds in their boxes, citing environmental concerns. The new iPhones come with only a USB-C to Lightning cable.
  • Airtel adds 6.9 million active users in Jan, extends gain: TRAI data

    Active subscribers declined for Jio after rising in the previous two months -- an addition of 3.2 million in December and 5.4 million in November, observed JM Financial note.
  • Quixy helps businesses with no-code apps

    This startup offers a no-code application development platform wherein businesses users without any coding skills can automate workflows and processes, and build enterprise-grade application.
  • String of bank holidays from March 27 to April 5

    Hyderabad: Brace up for a string of bank holidays from March 27 to April 5 since there are only three working days during this period. The banks are closed on March 27 on account of fourth Saturday of the month, March 28 is a Sunday and March 29 is Holi festival. March 30 i.e., Tuesday […]
  • TCS to roll out salary hikes for FY22

    TCS was the first IT services company to announce a salary hike for all employees for FY21 in October last year.
  • PSU oil cos expanded retail operations during pandemic

    The private sector on the other hand remained mute on their marketing initiatives adding a mere 376 fuel outlets
  • Crompton Greaves to see growth by 10 to 15 per cent annually

    Crompton Greaves Consumer Electricals Vice President Rangarajan Sriram said it holds 50 per cent market share in Tamil Nadu.
  • Lenovo working on Snapdragon 870-powered Android tablet

    Lenovo Notebook Product Manager Lin Lin posted a 'Settings' page screenshot of an upcoming Lenovo tablet. The picture reveals some of the key specs of this product, reports GizmoChina.
  • Noted inadvertent error in subscriber info given to TRAI for Jan: Voda Idea

    The statement by the company comes after Telecom Regulatory Authority of India (TRAI) subscriber data for January 2021 showed VIL's mobile net additions at 1.7 million, with a spike in UP (West) circle.
  • OLED display chip shortage may impact iPhone production

    As Samsung manufactured the OLED display used in iPhone 12 and Apple Watch models at the Texas facility, the plant's closure could impact Apple
  • Save your date with full-blown mobile manufacturing in India

    While convincing tech giants to shift manufacturing of an entire mobile ecosystem from China to India is an uphill task, but the government has woken up to the reality with the production-linked incentive (PLI) scheme.
  • Xiaomi projected to be 3rd largest phone maker globally in 2021

    "In Asia Pacific, Vivo, Xiaomi and OPPO will become top 3 players driven by aggressive marketing, expanding channel footprints and competitive pricing," said Linda Sui, Senior Director at market research firm Strategy Analytics.
  • GoAir makes history with 1st Srinagar night flight

    Going forward, GoAir will operate daily scheduled flight from Srinagar that will depart at 8.30 p.m. GoAir was also the first airline to operate morning flights to-and-from Srinagar.
  • Mining reforms to increase employment, GDP: Ficci

    The bill is yet to be tabled in the Rajya Sabha.
  • Sterling Holiday expands amid hopes of vax-drive business growth

    Hoteliers are expecting their business to improve with increased Covid-19 vaccination.
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