Rupee slides to all-time low of 81.93 against US dollar

Mumbai (IANS) The Indian rupee has depreciated to trade at an all-time low of 81.93 against the US dollar after the surge in dollar index, dealers said.

At the interbank foreign exchange, the rupee opened at 81.90 against the dollar, then fell…

100 mn Indian mobile users want 5G, half of them won't mind paying extra

New Delhi (IANS) More than 100 million users with 5G-ready smartphones in India wish to upgrade to a 5G subscription in 2023, while more than half of them are open to upgrading to a higher data tier plan in the next 12 months, an Ericsson report said…

India sees Rs 24,000 cr worth online festive sales in 4 days, mobiles lead

Bengaluru (IANS) Led by mobiles, e-commerce platforms in India clocked over Rs 24,500 crore (nearly $3.5 billion) in the first four days of the festive sales that began from September 22, signalling a better-than-anticipated kickoff to the festive…

Look for opportunities to buy on dips

The week gone by saw markets gain on the first two days of the week and then lose on the remaining three days. The selling pressure was quite a bit and the losses at the end of the week were substantial.

BSE SENSEX lost 741.87 points or 1.26…

PM Modi set to gift 5G services to Indians on Oct 1

New Delhi (IANS) The National Broadband Mission (NBM) under the Ministry of Communications on Saturday tweeted (and later deleted) that Prime Minister Narendra Modi will officially roll out the 5G services in India on October 1 -- the same day when…

Rupee slips first time below 81-mark against US dollar

Mumbai (IANS) The Indian rupee fell below 81-mark against the US dollar during the early morning trade for the first time against the US dollar.

This was because of uncertainty created after the uptick in dollar index, increase in policy rate…

Rupee hits new all-time low as dollar index rises to 20-year high

Mumbai (IANS) The Indian rupee has depreciated to the record low since the morning trade after the dollar index surged to 20-year high and 75 basis points rate hike by the US Fed, and hint at more rate hikes in the future.

Rupee's previous…

Aiming a low carbon future, Air India, AirAsia India and Vistara partner with CSIR-IIP

New Delhi (IANS) Air India, AirAsia India and Vistara (Tata Group Airlines) joined hands with the Council of Scientific and Industrial Research - Indian Institute of Petroleum on Thursday to collaborate and work together on the research, development…

India creating massive AI database to boost startup ecosystem: Rajeev Chandrasekhar

Mumbai (IANS) Minister of State for Electronics and IT, Rajeev Chandrasekhar, said on Wednesday that the country is creating one of the largest datasets programmes where anonymised non-personal data will be available for the entire AI ecosystem to…

Future of financing in India is through digitisation: Sitharaman

New Delhi (IANS) Finance Minister Nirmala Sitharaman on Tuesday said that future of financing in India is going to be governed through digitisation, noting that in July 2022 alone, 6.2 billion transactions worth Rs 10.6 trillion were conducted.