Vietnam's VinFast, TN govt join hands to set up $2 bn EV facility in India

New Delhi/Chennai (IANS) Vietnam’s leading electric vehicle (EV) manufacturer VinFast and the Tamil Nadu state government on Saturday announced a partnership to build a $2 billion EV facility in the country, with an intended commitment of $500 million…

At 6.2% growth rate projection for 2024, Indian economy outperformed peers: UN economist

United Nations (IANS) With a projected growth rate of 6.2 per cent for 2024, the "Indian economy outperformed its peers" in a global economy which is expected to expand by only 2.4 per cent, according to the UN official monitoring the world economy.

IndiGo announces to remove fuel charges after reduction in ATF

New Delhi (IANS) Budget carrier IndiGo on Thursday announced the removal of fuel charge applicable on its on domestic and international routes.

The fuel charge had been introduced in October, 2023, following a surge in Aviation Turbine Fuel…

Indian fintech sector funding plunges 63% in 2023: Report

New Delhi (IANS) India's fintech sector saw funding plunge 63 per cent in 2023 -- at just $2 billion -- from $5.4 billion raised in 2022, a report showed on Thursday.

InCred was the only unicorn created in 2023, while the fintech sector…

Market bounces back after two negative trading days

Mumbai (IANS) The market bounced back on Thursday after two negative trading days led by strong monthly business updates of leading banks, emphasising robust credit growth, said Vinod Nair, Head of Research at Geojit Financial Services.

At…

Gold prices likely to move towards a new high of Rs 70,000

New Delhi (IANS) Gold prices are likely to move towards a new high of Rs 70,000, as per a report by ICICI Direct, while silver, remaining supported amid rising industrial demand, may edge higher towards Rs 85,000.

Gold prices are likely to…

AI will be at the forefront of smartphone tech transformation: Industry

New Delhi (IANS) Artificial Intelligence (AI) will significantly transform the IT and technology sector, including upcoming smartphones, in India and will play a crucial role in enhancing battery life, improving camera quality and boosting voice assistant…

itel launches A70, India’s 1st smartphone with 256GB storage and 12GB (4+8) RAM at just Rs 7,299

New Delhi (IANS) itel, the most popular sub-Rs 10,000 smartphone brand in India, on Wednesday launched the country's first phone with 256GB storage and 12GB RAM through memory fusion at just Rs 7,299, marking a significant leap into 2024.
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Sensex down more than 500 points

New Delhi (IANS) Equity benchmarks sank on Tuesday with selling emerging at higher levels.

BSE Sensex was down 559 points at 71,712 as heavyweight stocks came under selling pressure.

Ultratech Cement was down more than 3 per cent, M&M,…

Passenger vehicles remain flat in Dec as entry-level segment remains a drag

New Delhi (IANS) In passenger vehicles, despite a strong growth of 15 per cent YoY for UVs, overall PVs remained flat in December YoY due to sluggishness in the entry level segment, says a report by Motilal Oswal Financial Services.

Commercial…