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Amid high inflation & weak rupee, Fin Min review says economic performance impressive
Business

Amid high inflation & weak rupee, Fin Min review says economic performance...

New Delhi, Oct 22: Even as economic growth and rising inflation remain major concerns for India, with Finance Minister Nirmala Sitharaman saying that these twin challenges would be in focus in the next Union Budget, the monthly economic review for September has said that country's economic...
Akasa Air launches Agartala-Bengaluru flight
Business

Akasa Air launches Agartala-Bengaluru flight

Agartala, Oct 22: Akasa Air, India's newest airline, on Friday launched its daily flight services in the Agartala-Bengaluru route, via Guwahati. A total of 107 passengers boarded the maiden flight, which was flagged-off by Tripura Chief Minister Manik Saha at a simple ceremony at Agartala's...
Rupee bounces back by 25 paise to close at 82.75 against US dollar
Business

Rupee bounces back by 25 paise to close at 82.75 against US dollar

Mumbai, Oct 20: The rupee rebounded from its lifetime lows to close 25 paise higher at 82.75 (provisional) against the US dollar on Thursday amid weakness in the greenback overseas. Fag-end buying in domestic equities also bolstered sentiment, forex traders said. However, rising crude oil...
Rupee hits record low of 83.06 against US dollar
National

Rupee hits record low of 83.06 against US dollar

Mumbai, Oct 20: The rupee depreciated 6 paise to a record low of 83.06 against the US dollar in opening trade on Thursday due to a stronger greenback overseas and unrelenting foreign fund outflows. Besides, a sell-off in domestic equities and risk-averse sentiments weighed on the local...
Rupee hits new record low of 82.95 against USD
Business

Rupee hits new record low of 82.95 against USD

New Delhi, Oct 19: The rupee on Wednesday hit a new low of 82.95 against the US dollar on anticipation of more rate hikes by major central banks across the globe to curb rising inflation. The currency fell to a record low of 82.95 after the US dollar strengthened against all major currencies...
Business

'Bad situation': Soaring US dollar spreads pain worldwide

Washington, Oct 18: The cost of living in Cairo has soared so much that security guard Mustafa Gamal had to send his wife and year-old daughter to live with his parents in a village 70 miles south of the Egyptian capital to save money. Gamal, 28, stayed behind, working two jobs, sharing an...
Markets fall in early trade amid weak global cues
Business

Markets fall in early trade amid weak global cues

Mumbai, Oct 17: Equity benchmark indices fell in early trade on Monday amid weak global market trends and continuous foreign fund outflows. The 30-share BSE Sensex fell 137.84 points to 57,782.13 in early trade. Similarly, the broader NSE Nifty declined 52.75 points to 17,132.95. Among the Nifty...
International conclave to focus on entrepreneurship in space industry
Business

International conclave to focus on entrepreneurship in space industry

Chennai, Oct 16: A three-day international space conclave titled 'Space Technology: The Next Business Frontier' will focus on entrepreneurship and networking in the space industry. The space conclave organised by the US Consulate General, Chennai, and hosted by the Indian Institute of Technology,...
Govt to give Rs 22,000 cr grant to oil PSUs to cover LPG losses
Business

Govt to give Rs 22,000 cr grant to oil PSUs to cover LPG losses

New Delhi, Oct 12: The government will extend a one-time grant of Rs 22,000 crore to three state-owned fuel retailers to cover for the losses they incurred on selling domestic cooking gas LPG below cost in the last two years, I&B Minister Anurag Thakur said on Wednesday. The Union Cabinet...
India
Business

India's space economy expected to be worth USD 12.8 billion by 2025: Report

New Delhi, Oct 10: India's space economy is likely to be worth nearly USD 13 billion by 2025, with the satellite launch services segment set to witness the fastest growth spurred by increasing private participation, according to a report released on Monday. The growing demand for smaller...
Dhoni launches drone Droni
Business

Dhoni launches drone Droni

Chennai, Oct 10: Helicopter shot specialist cricketer Mahendra Singh Dhoni launched a consumer camera drone branded as Droni. Manufactured by the city-based drone startup Garuda Aerospace, the Droni drone is a quadcopter consumer camera drone. According to the company's Founder and CEO,...
People struggle as prices of vegetables; grains go through roof in mandis
Business

People struggle as prices of vegetables; grains go through roof in mandis

Noida, Oct 8: Skyrocketing prices of essentials has dealt a heavy blow to the public already struggling to recover from the repercussions of the Covid-induced lockdowns imposed in phases since early 2020.Be it vegetables or foodgrains, the prices have touched the roof right from taking them out...
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