SpiceJet opens five new air routes in Uttar Pradesh

The Uttar Pradesh government on Wednesday signed an agreement with private airline SpiceJet to introduce flights on five new routes, a move aimed at improving air connectivity and supporting economic activity across the state.

The proposed…

Larger number of bad loans originated in 2006-2008: RBI ex-chief

A significant portion of India's non-performing assets (NPAs) originated during the country's high-growth period between 2006 and 2008, when banks became overly optimistic about economic and project performance, former Reserve Bank of India…

As proud Indians, we want to bring the best to India: Consulting perfumer Abdulla Ajmal

Ajmal Perfumes is looking to strengthen its presence in India, with third-generation family member and consulting perfumer Abdulla Ajmal describing the brand's renewed focus on the country as a "ghar wapsi".

The Dubai-based Indian…

Sensex plunges 467 points on weak rupee; Nifty loses 151 points

Indian equity markets ended sharply lower on Monday, with the benchmark Sensex falling 467 points and the Nifty50 declining 151 points, amid a weak rupee and subdued global market sentiment.

The Indian rupee touched a fresh record low of 72.67…

Alibaba CEO Zhang to succeed Jack Ma as Chairman

Chinese e-commerce giant Alibaba Group on Monday announced that Chief Executive Daniel Zhang will succeed co-founder Jack Ma as chairman of the company from September 10, 2019.

According to the company, Ma will continue as executive chairman…

Domestic fuel prices high due to weak rupee against USD: Pradhan

Union Petroleum Minister Dharmendra Pradhan on Saturday attributed the sharp rise in domestic petrol and diesel prices to the weakening Indian rupee against the US dollar and constraints in global crude oil supplies.

His remarks came as petrol…

Alibaba's Jack Ma to retire

Alibaba co-founder and executive chairman Jack Ma is set to step down from the Chinese e-commerce giant on Monday, marking a major leadership transition for one of China's most influential technology companies.

Ma, who will turn 54 on Monday,…

Let Indian users decide on data localisation: Experts

Experts have raised concerns over mandatory data localisation in India, arguing that consumers should have greater freedom to choose where their data is stored and warning that forcing companies to keep all data within the country could increase costs…

Kolkata best city for 4G availability in India: OpenSignal

Kolkata has emerged as India's leading telecom circle for 4G availability, recording a score of 90.7 per cent, according to London-based wireless coverage mapping company OpenSignal.

The findings highlight the rapid expansion of 4G connectivity…

Rupee slips to a new low; touches 71.75/$

The Indian rupee fell to a new record low of 71.75 against the US dollar during morning trading on Wednesday, extending its recent decline against the greenback.

At around 10.40 a.m., the rupee was trading at 71.75 to a dollar, marking its…