Business news
- Technology
Intel aims to put a trillion transistors in a chip package by 2030
San Francisco: As chip packaging gets more advanced, Intel has said it aspires to put a trillion transistors in a package by 2030 with his next-generation chip packaging technology. Intel has led…
- Business
Online food, grocery delivery platforms buckle up for heavy rush amid G20 Summit
New Delhi: Online food and grocery delivery platforms on Thursday said that are prepared for minimal to no disruption in their services amid the expected heavy demand as a majority of their…
- Business
Govt notifies amendments to GST law on deposit refunds issued by online gaming portals, casinos
New Delhi: The government has notified amendments to GST law in relation to the valuation methodology to be adopted by online gaming companies and casinos for calculating tax. The finance ministry notified…
- Business
Apple slides as China plans to broaden iPhone ban
New York: Apple shares fell in the early pre-market hours in New York on another report outlining China’s plan to broaden an iPhone ban for certain government departments, state-backed agencies, and firms…
- Business
DGCA grants Air India conditional approval to use simulator
New Delhi: India’s aviation watchdog, the Directorate General of Civil Aviation (DGCA), has granted conditional renewed approval to Air India’s simulator facilities in Mumbai and Hyderabad. This decision enables the airline to…
- Technology
Huawei’s shift to Kirin processors to hurt Qualcomm the most: Top analyst
New Delhi: Chinese smartphone brand Huawei’s new smartphones will fully adopt the new self-developed Kirin processors starting in 2024, a move that will hurt chip-maker Qualcomm the most, according to leading analyst…
- Business
Razorpay’s new UPI Autopay on QR lets you pay in just 30 seconds
New Delhi: Full-stack fintech platform Razorpay in collaboration with NPCI (National Payments Corporation of India) on Wednesday launched ‘UPI Autopay on QR‘ that will transform customer onboarding into a swift two-step process,…
- Business
Rupee falls 33 paise to close at 83.04 against US dollar
New Delhi: The rupee plunged by 33 paise to close at 83.04 (provisional) against the US dollar on Tuesday, tracking a strong American currency and higher crude oil prices. Foreign fund outflows…
- Business
SpiceJet’ Board grants approval for issuance of equity shares
New Delhi: Indian low-cost carrier SpiceJet Ltd said that its Board of Directors’ allotment committee, during its meeting held on Monday, has deliberated upon and granted approval for the issuance of equity…
- Business
US economy added jobs at robust pace last month
Minneapolis: The US economy added 187,000 jobs in August, slightly more than expected, according to data released on Friday by the Bureau of Labor Statistics, a media report said. The monthly job…
- India
Retail inflation expected to start coming down from this month: RBI Governor
Indore: Reserve Bank governor Shaktikanta Das on Friday said the central bank expects retail inflation to start declining from this month. He was referring to the central government’s steps to check prices…
- Business
CCI grants approval for merger of Vistara and Air India
New Delhi: The Competition Commission of India (CCI) granted approval on Friday for the merger between Tata Group’s airlines – Vistara and Air India. This significant development opens the door for Air…
- Business
Tesla cuts prices up to 19%, Model X now qualifies for US tax credit
San Francisco: Elon Musk-run Tesla on Friday reduced prices on the Model S and X electric vehicles, with price drops of up to 19 per cent in the US. People can buy…
- Business
NCLAT permits Go First lessor to inspect leased aircraft
New Delhi: The National Company Law Appellate Tribunal (NCLAT) on Thursday granted permission to Ireland-based lessor Jackson Square Aviation Ltd to inspect its aircraft leased to cash-strapped Go First. This decision follows…
- Business
Global EV sales grow 50%, China market faces slowdown
New Delhi: The global electric vehicle (EV) sales grew 50 per cent (year-on-year) in the second quarter (Q2) this year, as China’s domestic market continued to dominate globally but growth failed to…