Category: Business

New Delhi, January 16Wholesale price-based inflation (WPI) declined to a 22-month low of 4.95% in December 2022, mainly due to fall in prices of food articles, especially vegetables, and oilseeds. WPI-based inflation was 5.85% in November 2022 and 14.27% in December 2021. The last low level of WPI inflation was…

New Delhi, January 6 Bank account holders are no longer required to visit their bank branches to update ‘know your customer’ (KYC) details provided they have already submitted valid documents and not changed their address, the RBI has said. Instead, if there is no change in KYC information, they can…

Washington, January 5 E-commerce giant Amazon and business software maker Salesforce are the latest US technology companies to announce major job cuts as they prune payrolls that rapidly expanded during the pandemic lockdown. Amazon said Wednesday that it will be cutting about 18,000 positions. It’s the largest set of layoffs…

Washington, November 15 The US has ordered Air India to pay a whopping $121.5 million as refunds and $1.4 million as penalties for extreme delays in providing refunds to passengers due to the cancellation or change in flights, mostly during the pandemic, officials said. Air India is among the six…

Vijay C RoyChandigarh, November 4Vice-President Jagdeep Dhankhar today said the farmers are the backbone of the country and they cannot be made to suffer financially to sustain others.FPOs can transform farm sector: ITC chiefThe government has taken far-sighted steps to promote Farmer Producer Organisations (FPOs) with multi-dimensional schemes to support…

London, November 3Jio Platforms Limited (JPL) won the Cloud Native Award at the 24th World Communication Awards (WCA) ceremony that was held in London by Total Telecom, an international telecom media company.As the world opens up after a two-year-long hiatus caused by the Covid pandemic, senior executives from across the…

Mumbai, October 11 Equity benchmark indices fell sharply on Tuesday, with the Sensex tumbling nearly 844 points, in line with weak global market trends and foreign fund outflows. The 30-share BSE benchmark slumped 843.79 points or 1.46 per cent to settle at 57,147.32. During the day, it tanked 940.71 points…

New Delhi, August 4Automobile retail sales in India dropped 8% on an annual basis in July on account of fall in registrations of passenger vehicles, two-wheelers and tractors.As per data released by the automobile dealers’ body FADA on Thursday, the overall automobile retail sales last month stood at 14,36,927 units,…