V-shaped recovery: After a fall of 8% in 2020, India all set to grow at 11% in 2021
Economic Survey recommends an increase in public spending on healthcare services from 1% to 2.5 to 3 % of GDP as envisaged in the National…
BUSINESS
IndianOil’s Q3 profit moves up to Rs 4,917 crore on rising sales
Oil marketing firm IndianOil Corporation (IOC) said on Friday its net profit for December quarter more than doubled to Rs 4,917 crore from Rs 2,339…
Output of eight core industries shrinks by 1.3 pc in December 2020
The combined Index of eight core industries stood at 133.8 in December 2020 and declined by 1.3 (provisional) per cent as compared to the Index…
US govt allows Boeing to sell F-15EX fighter jet to India
Boeing will compete with France’s Rafale and Sweden’s Gripen among others for the Indian Air Force’s plan to buy 114 multi-role aircraft in order to replace…
USIBC gives major recommendations to Biden administration to strengthen India-US ties
On Tuesday on the occasion of India’s 72nd Republic Day, the US-India Business Council (USIBC) suggested a series of major recommendations to the Biden administration…
Reserve Bank proposes revised tighter regulations for NBFCs
Our BureauNew Delhi The Reserve Bank of India (RBI) on Friday proposed tighter regulations for large non-banking finance companies (NBFCs) and creation of a multi-layer…
Record breaking: Jio makes $10 billion annualized revenue run-rate in Q3 results
Indigenously developed 5G Radio integrated with Jio’s 5G Core Network and 5G Smartphones achieve over the air throughputs in excess of 1 Gbps Our BureauNew…
Amazon offers Biden help with vaccination efforts
CEO at Amazon World Wide Consumer Dave Clark reiterated a request Amazon had made to the Centers for Disease Control and Prevention asking that frontline…
PVR reports huge loss; Indian apparel exports to growth
PVR reports huge loss and film industry suffers Multiplex player PVR Cinemas on Friday reported a consolidated net loss of Rs 49 crore for the…
New rules on H-1B visa application may not affect Indian IT firms
About 20 to 30 per cent of Indian IT services employees work onsite with nearly 40 to 50 per cent dependent on the H-1B visa …