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ECONOMY
RBI should let rupee appreciate to reduce imported inflation: SBI Ecowrap report
New Delhi: The Reserve Bank should let rupee appreciate to reduce imported inflation, a SBI Ecowrap report said on Wednesday.
According to the report, the US dollar is expected to remain weak due to fragile US economic conditions.
"It…
Toyota launches third generation of Innova MPV
New Delhi: Auto major Toyota Kirloskar Motor on Tuesday launched the third generation of MPV Innova -- 'Innova Crysta' priced between Rs 16.26 lakh and Rs 24.33 lakh.
"The Innova redefined the segment when it was introduced in India…
Vaccine hopes push gold below Rs 49,000 per 10 gram
Mumbai: Futures of gold, which were soaring well above the Rs 50,000 mark till sometime back amid the weak economic scenario, have now started to ease and have fallen below the Rs 49,000-mark amid optimism regarding vaccines for the novel…
Google Pay to remove payments on web app, add transfer fee
New Delhi: Google Pay is set to kill the peer-to-peer payments facility on its web app in January and is going to add a fee for instant money transfers, the media reported.
Google Pay offered the ability to manage payments as well as…
Petrol & diesel prices rises for 2nd straight day
New Delhi: Oil marketing companies (OMCs) on Saturday raised the retail price of petrol and diesel for the second consecutive day after a break of almost two months.
The price of petrol has increased by 15 paisa per litre in the…
Zomato not to charge restaurants for its takeaway service
New Delhi: As demand grows for takeaway food in the social distancing times amid surge in Covid cases, Zomato on Wednesday said its takeaway service is now available to restaurants at zero commission.
The food delivery platform said that…
‘Aquaculture farmers should use biofloc technology carefully’
Chennai: The unscientific manner of practicing biofloc fish farming technology by many farmers may cause harm to their ventures, say experts from the ICAR-Central Institute of Brackishwater Aquaculture (ICAR-CIBA).
"Lured by videos on…
Flipkart acquires AR firm Scapic to boost user experience
Bengaluru: In a bid to offer more immersive experiences to its consumers, Flipkart Group on Tuesday announced the acquisition of Bengaluru-based Augmented Reality (AR) company Scapic for an undisclosed sum.
Scapic is a Cloud-based…
Huawei sells Honor smartphone biz to ‘ensure its own survival’
New Delhi: Struggling to keep its consumer business afloat in the wake of the US sanctions, Chinese conglomerate Huawei on Tuesday announced to sell off its Honor smartphone business assets to China-based Shenzhen Zhixin New Information…
After 8-yr of negotiations, 15 Asia-Pacific countries sign RCEP
Beijing: After eight years of negotiations, 15 Asia-Pacific countries on Sunday signed the Regional Comprehensive Economic Partnership (RCEP), the world's biggest trade pact, a move considered a massive coup for regional economic…
