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India will be among top semiconductor producers in 5 years: Ashwini Vaishnaw

New Delhi , March 28 (ANI): India is set to enter the league of top five semiconductor producers over the next five years, Union...

India’s Swiggy records $200 million loss, document shows, as it plans IPO

By M. Sriram MUMBAI (Reuters) - Indian food delivery giant Swiggy recorded a $200 million loss for the nine months to December 2023, according to an internal document of the company, which is looking

Dollar gains on euro with Fed’s Waller hawkish on rates

By Karen Brettell and Alun John NEW YORK (Reuters) - The dollar gained on the euro on Thursday after a U.S. Federal Reserve policy maker said he wasn't in a hurry to cut rates, while traders also

Rupee falls 6 paise to 83.39 against US dollar

Mumbai, Mar 28 (PTI) The rupee depreciated 6 paise to settle at 83.39 against the US dollar on Thursday due to a strengthening greenback...

Interest rates on small savings schemes remain unchanged for April-June qtr

New Delhi, Mar 28 (PTI) The government on Thursday said the interest rates on various small savings schemes will remain unchanged for the...

Centre’s tax devolution to states up by Rs 2.25 lakh crore in FY24

New Delhi , March 28 (ANI): Total funds amounting to Rs 10.3 lakh crore have been transferred to state governments as a devolution of...

Pratt & Whitney Canada signs engine services agreement with India’s FLY91

New Delhi , March 28 (ANI): Global aerospace manufacturer Pratt & Whitney Canada (P&WC) has signed a multi-year engine services agreement with FLY91 for...

Facility to exchange, deposit Rs 2,000 notes not available on Apr 1: RBI

Mumbai, Mar 28 (PTI) The facility to exchange or deposit Rs 2,000 banknotes will not be available on Monday, April 1, 2024 due...

Stocks head into quarter-end on the up; yen on intervention watch

By Rae Wee and Amanda Cooper LONDON/SINGAPORE (Reuters) -Global shares rose on Thursday, heading for their second quarterly gain, while a strong dollar kept the yen languishing near its weakest in

Markets exit FY24 with smart returns; investors become richer by Rs 128.77 lakh cr

New Delhi, Mar 28 (PTI) Riding on a bull run, equity investors became richer by Rs 128.77 lakh crore in the 2023-24 fiscal, driven...

On Camera

Rajkummar Rao must keep his chin up. Questions will be asked and he’s no victim

Rajkummar Rao now looks pretty much unrecognisable. It doesn’t take much to deduce that eyebrows will be raised, and questions will be asked about his face.

Kotak Mahindra Bank shares drop 10% after RBI bans it from taking new customers via digital channels

The private lender's shares tumbled to be top Nifty 50 loser after India's central bank barred it from taking on new customers through online and mobile banking channels.

Russia-Ukraine war a gold mine for US, British defence firms — sales rocket, stock prices soar

Such has been the growth in the defence sector that companies are spending billions of dollars on buying back their own shares with record number of orders in pipeline and counting.

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.