Rupee rises against US dollar amid pandemic
Our Bureau New Delhi With the ongoing pandemic crisis, Indian rupee has little advanced against dollar. It raised 18 paise against dollar, it was 73.60…
BUSINESS
From US to Asia, markets and economies showing signs of recovery from pandemic
Rising exports are boosting some economies in developing Asia amid strengthening global economic activity, including a rebound in manufacturing Our BureauNew Delhi It may…
Economy on track, says FM as small businesses take a bit hit of pandemic
Fitch Ratings says the resurgence of infections may delay India’s economic recovery Our BureauNew Delhi Over three-fourths of small businesses in the country have…
India’s Bharti Airtel and US chipmaker Qualcomm collaborate for 5G rollout in India
Airtel recently became India’s first telecommunication service to demonstrate 5G over a live commercial network in Hyderabad. On Tuesday, Indian telecommunication operator Bharti Airtel and…
Indian retailers’ body demands ban on Amazon in India after news report
A prominent group of Indian retailers on Wednesday asked the government to ban the operations of e-commerce giant Amazon in India after a Reuters report…
Amazon documents reveal secret strategy to dodge Indian regulators, says Report
Internal company documents reviewed by Reuters show that Amazon for several years has been providing preferential treatment to a small group of sellers on its…
India’s Minister of Commerce welcomes US businesses to manufacture in India
India’s Minister of Commerce and Industry Piyush Goyal said that India will now have a 74% FDI (Foreign Direct Investment) allowed through the automatic route…
Amazon announces its first manufacturing line in India
The announcement followed after a meeting between Senior Vice President, Amazon India Amit Agarwal, and Minister of Information and Technology Ravi Shankar Prasad. On Tuesday,…
Cairn Energy files case in US court to make India pay $1.2 billion award
According to a court document, British company Cairn Energy filed a case in a US district court to enforce a $1.2 billion arbitration award it…
Tesla to start manufacturing cars in India, says Karnataka CM
Karnataka Chief Minister BS Yediyurappa officially confirmed that Elon Musk-owned Tesla would set up an electric car manufacturing unit in Bengaluru. American electric vehicle company…