Airlines misguiding people, forcing passengers to pay more, says Parl Panel

New Delhi (IANS) A Parliamentary Standing Committee has taken note of the high air fares charged by some airline operators in the domestic sector, and held that they are misguiding the public and forcing passengers to pay more.

The Committee…

India's smart home security camera market grows 44%

New Delhi (IANS) India's smart home security camera market shipments experienced 44 per cent (on-year) growth in 2022, a report has said.

Xiaomi led the market in 2022 with a 33 per cent share. Tapo registered 88 per cent growth and maintained…

Stock markets across Asia fall as global banking fears widen

Hong Kong (IANS) Stock markets across Asia fell on Thursday as troubles at international banking giant Credit Suisse intensified fears of a wider bank crisis.

Major indexes in Japan, Hong Kong and Australia fell by over 1 per cent amid heavier…

CCI okays acquisition of METRO Cash, Carry by Reliance Retail Ventures

New Delhi (IANS) The Competition Commission of India (CCI) has approved the acquisition of METRO Cash and Carry India Private Limited by Reliance Retail Ventures Limited.

The proposed combination involves acquisition of 100 per cent of the…

Two US bank failures not to impact banks in India, APAC: Moody's

Chennai (IANS) The successive failure of two private banks in the US -- Signature Bank and Silicon Valley Bank -- though would result in tightening of liquidity in the global debt markets, the impact will be limited for most of the rated finance institutions…

Retail inflation sees marginal fall to 6.44% in February 2023

New Delhi (IANS) Retail inflation for February 2023 fell marginally to 6.44 per cent compared to 6.52 per cent in January 2023 as commodity prices witnessed a slight slide.

Food inflation also slid to 5.95 per cent in February 2023 compared…

Torrent Group to appeal against NCLAT order in Reliance Capital matter in SC

Chennai (IANS) With the Committee of Creditors (CoC) for the bankrupt Reliance Capital Ltd set for the second round of Challenge Mechanism on March 20, the Torrent Group, one of the suitors, is likely to mention their plea in the apex court on Monday.

Silicon Valley Bank collapse leaves Indian startups worried

New Delhi (IANS) The collapse of Silicon Valley Bank (SVB) in the US has left several Indian startups worried who have exposure to its investments and their raised funds may now be stuck.

According to recent data by global software-as-a-service…

India-US ink pact for setting up semiconductor supply chain

New Delhi (IANS) India and the US on Friday inked an agreement for establishing semiconductor supply chain and innovation partnership under the framework of India - US Commercial Dialogue.

The agreement was signed between Commerce Minister…

India-Australia to finalise economic cooperation agreement by this year

New Delhi (IANS) Australian Prime Minister Anthony Albanese on Friday said that his country and India have agreed on an early conclusion of the ambitious comprehensive economic cooperation agreement, expecting it to be finalised by this year itself.