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Post a sensible Budget, markets have rallied; now, a consolidation is needed

Feb 4, 2024

New Delhi, Feb 4 (IANS) The week gone by was super eventful, volatile and action packed. We had the last of the Union budgets by the present government being presented. Even though it was just a vote-on-account, there was expectation which got built up into the same.This was partly on account of media hype and the opposition wishing and wanting to…

Spacetech startup raises $15.5 mn to harvest natural resources from Moon

Feb 4, 2024

San Francisco, Feb 4 (IANS) Interlune, a spacetech startup led by former Blue Origin leaders, has quietly raised $15.5 million in new funding and aims to close another $2 million, according to its filing with the US Securities and Exchange…

Business

Hyundai, Kia’s EV sales surpass 1.5 mn units

Feb 4, 2024

Seoul, Feb 4 (IANS) South Korea's Hyundai Motor and its smaller affiliate Kia on Sunday said their combined electric vehicle sales exceeded 1.5 million units as of December, 12 years after Hyundai debuted its first EV model.Hyundai launched…

Business

Markets expect RBI to maintain status quo in policy meeting

Feb 4, 2024

New Delhi, Feb 4 (IANS) Domestic markets will focus on the RBI policy meeting in the coming week.With the US Fed and Interim Budget now behind, all eyes will be on RBI’s policy meeting. We expect the central bank to maintain its status quo,…

Business

Ashneer Grover shares pic of Tesla car in Delhi, users react

Feb 4, 2024

New Delhi, Feb 4 (IANS) BharatPe's former MD Ashneer Grover has shared a picture of the first "cross-breed" Tesla car in Delhi on the social media platform X.According to the entrepreneur post, the car, a BYD (Build Your Dreams) Atto 3 in…

Business

WB Budget 2024-25: Caught between ‘dole expectations’ and ‘revenue pressure’

Feb 4, 2024

Kolkata, Feb 4 (IANS) As the West Bengal Minister of State for Finance (Independent charge), Chandrima Bhattacharya, is all set to present the state budget for the financial year 2024-25 this week, economists and the people of the state are…

Business

Delhi Airport’s re-carpeted runway becomes operational: DIAL

Feb 3, 2024

New Delhi, Feb 3 (IANS) The GMR-led Delhi International Airport Limited (DIAL) on Saturday announced the completion of the re-carpeting and refurbishment work of Runway 10/28 (RWY 10/28 - also known as the second runway). The runway has…

Business

Global banks face mounting losses on lending to troubled US commercial property sector

Feb 3, 2024

London, Feb 3 (IANS) Nearly a year on from a banking crisis that led to the collapse of three US regional lenders and the emergency takeover of Credit Suisse in Europe, a fresh chill is running through banks as far apart as New York, Tokyo…

Business

India a silver lining is 5G era as Ericsson, Nokia, Samsung report revenue slump

Feb 3, 2024

New Delhi, Feb 3 (IANS) Marking 5G era’s first record low year, Ericsson, Nokia and Samsung each announced a drop in overall 2023 sales in their earnings calls, citing macroeconomic challenges and a shrinking mobile network infrastructure…

Business

India’s first solar-powered village in Gujarat a template for country to follow

Feb 3, 2024

Modhera, Feb 3 (IANS) A unique blend of tradition and modernity, the hamlet of Modhera, nestled in the heart of Gujarat, has carved its name in history by becoming India's first solar-powered village.This initiative, which caught global…

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