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ECONOMY
Bitcoin falls below $18K, Ethereum down 80% in freezing crypto winter
New Delhi: Leading cryptocurrency Bitcoin dropped below $18,000 per digital coin on Sunday -- a massive over 70 per cent drop from its record high of $68,000 in November last year -- as mayhem in the crypto market continued.
Overall, the…
Singapore logs fastest internet speed at 207.61 Mbps globally
New Delhi: Singapore has emerged as the fastest internet speed hub in the world with a median internet speed of 207.61 Megabits per second (Mbps).
According to an analysis by niche news publisher BanklessTimes.com, Chile and Thailand…
Ferrari says 60% of its lineup will be electrified by 2026
Maranello: At an investor presentation, luxury carmaker Ferrari has announced that it will be 60 per cent electrified by 2026.
The carmaker said that by 2026 Ferrari targets a well-diversified product portfolio, composed of 60 per cent…
All about 5G spectrum auction; key dates and other features
New Delhi: The Union Cabinet has approved the telecom department's proposal to conduct an auction through which spectrum will be assigned to the successful bidders for providing 5G services to public and enterprises.
The Cabinet…
Auction of 5G Spectrum approved by Cabinet
New Delhi: The Union Cabinet on Wednesday approved the Telecom department's proposal to conduct a spectrum auction through which spectrum will be assigned to the successful bidders for providing 5G services to public and enterprises.
A…
Wholesale inflation hits record high in May at 15.88%
New Delhi: India's wholesale inflation gauged by the Wholesale Price Index, with base year as 2011-12, rose to a record high of 15.88 per cent in May 2022 from 15.08 per cent in April, official data revealed on Tuesday.
The wholesale…
Amazon suffers outage with error messages for thousands of shoppers
New Delhi: Amazon went down for thousands of users for a couple of hours as the e-commerce portal pages did not load at all, displayed error messages, or loaded slowly with missing information.
The outage occurred late on Monday and…
RBI doubles housing loan limits for co-operative banks
New Delhi: Taking into account the increase in prices since the housing loan limits were last revised and considering the customer needs, central bank Reserve Bank of India decided to increase the existing limits on individual housing loans…
Investors lose Rs 1.2 lakh cr as LIC shares tumble 20% below issue price
New Delhi: Those investors who had put their money in the initial public offerings of Life Insurance Corporation of India had experienced a heavy depreciation in their portfolio, as the shares of the insurance major have been tumbling ever…
HDFC raises lending rates, EMIs on home loans to go up
New Delhi: Housing Finance Company HDFC has increased its Retail Prime Lending Rate (RPLR) on housing loans by 5 basis points.
The revision would come into effect from Wednesday itself.
The upward revision in rates will essentially…