Business news
- Business
Crypto exchange Binance ordered to halt services in Belgium
San Francisco: Leading blockchain and cryptocurrency platform Binance has been ordered by Belgium’s Financial Services and Markets Authority (FSMA) to cease immediately all offers of virtual currency services in the country. The…
- Business
LIC announces relaxations for victims of Cyclone Biparjoy
New Delhi: Following insurance regulator Irdai directive, LIC on Saturday announced concessions to mitigate the hardships of the claimants of policies and also of Pradhan Mantri Jeevan Jyoti Bima Yojana affected by…
- Business
Sony unhappy with Zee developments, merger may unravel
New Delhi: Sony’s board of directors is said to be unhappy with developments is looking at invoking force majeure and material adverse clause in the shareholder agreement in the proposed merger with…
- Business
Bitcoin and Ethereum price remains unfazed by US SEC lawsuits
New Delhi: The lawsuits against top crypto exchanges Binance and Coinbase by the US Securities and Exchange Commission (SEC) have not been able to severely impact the price of Bitcoin which is…
- World
Business groups eye India for global diversification: WH official
Washington: Many business groups look at India as part of a strategy to diversify globally and as a land for new supply chains and investment opportunities, a top White House official has…
- Business
IndiGo targets 100 mn passengers in FY24: CEO Pieter Elbers
Istanbul: IndiGo aims to carry 100 million passengers in the year ending March 2024, as the carrier adds more domestic and international routes, its CEO Pieter Elbers said on Monday. The budget…
- Business
7.2 per cent GDP growth historic despite global situation: Goyal
New Delhi: Commerce and Industry Minister Piyush Goyal on Thursday said a 7.2 per cent growth in GDP in 2022-23 is historic, given the current global economic situation, and going forward India…
- Automobile
McLaren Artura arrives in India at a price tag of Rs 5.1 crore
Mumbai: British luxury supercar-maker McLaren Automotive on Friday introduced the all-new McLaren Artura in India for Rs 5.1 crore (ex-showroom, Delhi price), which is the company’s first-ever series-production High-Performance Hybrid (HPH) supercar…
- Jobs
About 27K employees lost jobs at Indian startups to date
New Delhi: At least 27,000 tech employees at Indian startups have lost their jobs since the funding winter crept in last year, and the list is only growing. Nearly 26,868 employees have…
- Business
Russia-China trade surges to record USD 200 billion in 2023
Hong Kong: Trade between Russia and China is expected to hit a new record level of $200 billion this year, according to Russian Prime Minister Mikhail Mishustin during his trip to China,…
- Jobs
2 lakh tech employees lose jobs in 2023 to date, more in the offing
New Delhi: The year 2023 has become the worst year for tech employees as nearly 2 lakh tech employees — from Big Tech firms to startups — have been sacked to date…
- World
Vice Media files for bankruptcy, lenders to purchase it for USD 225 million
San Francisco: Vice Media Group has filed for bankruptcy and the company’s lenders, Fortress Investment Group, Soros Fund Management and Monroe Capital, agreed to purchase the company for $225 million — just…
- Entertainment
Sana Farheen’s modest clothing pitch wows Shark Tank India judges
Mumbai: Sony TV’s Shark Tank India is the Indian version of the popular American TV show Shark Tank. It brings together aspiring entrepreneurs from across the country who pitch their business models…
- World
Argentina’s interest rate soars to 97 per cent as inflation reaches 100 per cent
Buenos Aires: The Central Bank of Argentina raised its key interest rate by six percentage points to 97 per cent in an effort to tackle soaring inflation that has reached 30-year highs.…
- Business
AWS, Microsoft, Google control 64 per cent of global cloud services market
New Delhi: The top three Cloud services providers — Amazon Web Services (AWS), Microsoft Azure and Google Cloud — collectively grew 22 per cent in the first quarter to account for a…
