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Gold prices in the international market are 12 per cent lower than their record high levels of $2,072 per ounce. DC ImageBusiness
Duties fail to make dent in gold imports

The duty benefits led to rapid expansion of refining capacity in India, with number of refineries growing from three in...

10 Dec 2021 1:34 AM IST

SpiceJet dismisses security lapse findings. (Photo: ANI)Nation
Airlines, airports suffer Rs 20K cr losses

In the pandemic year of FY21, airlines are estimated to have incurred loss of about Rs 19,564 cr and airports losses of...

6 Dec 2021 11:45 PM IST

Once the user downloads the fake app, which claims to test blood oxygen levels using fingerprint sensors, through a SMS, it asks permission to access various features in the mobile. (Representative Image: AFP)Business
Mobile payments triple in one year to Rs 111.4 L cr

The increased payments are a result of acceptance of Quick Response-based payment solutions

6 Dec 2021 2:38 AM IST

Ravi will also be the managing trustee of SOT and others will be trustees. The SOT was formed in 2006 as a private discretionary trust. As per reports, SOT owns close to a 30 per cent stake in the groups holding company Shriram Capital. Representational image/By arrangementBusiness
Shriram Group puts succession plan in place

The board members have been appointed by Shriram Ownership Trust (SOT), which will function as the promoter group

1 Dec 2021 10:00 AM IST

Repeating the clich©, data is the new oil , the Finance Minister said the country needs to take advantage of Analytics, Fintech and Internet of Things (IOT). In this regard, she proposed to bring out soon a policy to enable private sector to build Data Centre parks throughout the country.Business
Data centres to attract large funding

Global businesses which are into data management have also announced partnerships or acquisitions to develop capacity in...

29 Nov 2021 7:27 AM IST

The SIP project is being coordinated by Union ministries of Jal Shakti, urban affairs, tourism and culture, and the respective state government. (DC File Photo)Business
Incremental hiring up in travel, hospitality

Revival in domestic travel to tourist spots has seen hiring of housekeeping staff, travel consultants, tour guides, visa...

1 Nov 2021 8:24 AM IST

Real estate companies from three cities, Mumbai, Bengaluru and Hyderabad, have approached to avail bailout fund.Business
Home prices seen moving up in a year

Real estate prices have remained stagnant for six-seven years and have hit rock-bottom in recent times

20 Oct 2021 9:09 AM IST

According to the Gems and Jewellery Export Promotion Council, off-take by China as well as Hong Kong has come down by 10 per cent since the outbreak.Business
Discretionary goods see rise in festive demand

The demand for discretionary categories has improved month-on-month even in August and is now closer to 2019 levels

12 Oct 2021 7:23 AM IST

Covid19 hit South Asia very hard, worst economic performance in 40 years says World Bank. (PTI Photo)Business
India's poverty rate to be around 10% in FY22: WB

As labour markets continue to improve, poverty reduction is expected to slowly resume its pre-pandemic trajectory

11 Oct 2021 2:53 AM IST

The government hopes the venture will generate one lakh direct and two lakh indirect employment per park. (Representional Image)Business
Textile parks to get over Rs 4,400 crore incentives

Parks will be developed by a special purpose vehicle which will be owned by the state government and the Centre

7 Oct 2021 7:30 AM IST

\I do not want every Tom, Dick and Harry to collect money. Is there any state control over this collection of funds via crowdfunding? We should know where the money is going,\ the court said. (RepresenAFP Photo)Business
Sa-Dhan seeks additional Rs 7.5K crore credit guarantee

The guarantee cover was available up to March 31, 2022 or until the guarantees for Rs 7,500 crore loans were used up

6 Oct 2021 7:28 AM IST

Globally, 54 per cent women lost their jobs during the Covid pandemic, said Columbia University Medical Centre Public Psychiatry Education Director and Clinical Psychiatry Associate Professor Dr Stephanie M. Le Melle on Saturday. (Photo:PTI)Business
Services, jobs in expansion mode

Post-loosening of pandemic restrictions, the services sector continued to expand in September

6 Oct 2021 7:22 AM IST

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