KEY POINTS India banned exports of broken rice and imposed a 20% duty on exports of various grades of rice on Thursday as the world’s biggest exporter of the grain tries to augment supplies and calm local prices after below-average monsoon rainfall curtailed planting. India exports rice to more than […]
Month: September 2022
KEY POINTS India is a great market and the “best bet” in the global economy, said Ashok Hinduja, chairman of Hinduja Group, India. The U.S., U.K. and Europe appear headed for a recession, while there are problems in China, he said. “India, politically, is well settled,” he told CNBC’s Tanvir […]
KEY POINTS Indian Prime Minister Narendra Modi may have publicly rebuked Russian President Vladimir Putin over the war in Ukraine, but the longstanding friendship between the two countries isn’t going away, analysts said. “India is in a unique position where it needs Russia in the short term to manage China,” […]
KEY POINTS India’s startup market is worth betting on, though it’s still “a few years” behind China’s, Facebook co-founder Eduardo Saverin said. During a panel discussion at the Forbes Global CEO Conference in Singapore this week, Saverin said his investment company B Capital is deploying “a lot of dollars” into India […]
KEY POINTS India could have a large role to play in the semiconductor industry, analysts say. India has been making moves to bring the manufacturing of chips to the country. New Delhi’s strategy is twofold — lure in foreign companies and build on areas where India has an advantage, such […]
Tata Motors has finally launched its smallest electric car in the Indian market – the Tiago EV. The all-electric hatchback has been introduced at a base price of Rs 8.49 lakh, going all the way up to Rs 11.79 lakh (both prices, ex-showroom). This makes it the most affordable electric […]
NEW DELHI: US business and media publication Fast Company said it shut down its website on Tuesday evening after the site was hacked and sent “obscene and racist” notifications to Apple users via the iPhone maker’s Apple News service. News publishers using the Apple News aggregation app can connect their […]
MUMBAI: The rupee depreciated 40 paise to an all-time low of 81.93 against the US dollar in early trade on Wednesday as the strengthening of the American currency and risk-averse sentiment among investors weighed on the local unit. Moreover, a negative trend in domestic equities and significant foreign fund outflows […]
Key Points Apple on Monday said it is assembling its flagship iPhone 14 in India as the U.S. technology giant looks to shift some production away from China. Apple’s main iPhone assembler, Foxconn, is manufacturing the devices at its Sriperumbudur factory on the outskirts of Chennai. Apple has been manufacturing […]
Published on Sep 16, 2022 12:46 PM EST Kohinoor Belongs To Lord Jagannath: Odisha Organization Seeks Its Return After Queen’s Death Since the passing of Queen Elizabeth last week, the internet has been having multiple field days with one demand — Return the Kohinoor diamond to India. While most of […]