Business
November 18, 2024
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Amazon India Shifting Its Bengaluru Headquarters To Save Costs; Check Details

Last Updated:November 18, 2024, 18:21 IST The move is part of a cost-cutting strategy that involves vacating 500,000 square feet of premium office space spread across 18 floors at WTC, owned by Brigade Enterprises Ltd. The new location’s rent will be less than one-third of the Rs 250 per square foot Amazon currently pays at […]

Business
November 18, 2024
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RBI aims to launch cloud services in 2025 to counter global dominance: Report

The Reserve Bank of India is planning to initiate a pilot programme next year in 2025, which will offer data storage to financial institutions at reasonable prices, according to sources cited by Reuters.In the first-of-its-kind initiative from a major global central bank, the cloud platform will be utilizing local IT firms, against Amazon Web Services, […]

Business
November 18, 2024
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Energy prices forecast to rise again in January

Domestic energy prices are expected to edge up again in the New Year, according to consultancy Cornwall Insight. A household using a typical amount of gas and electricity will pay £1,736 a year from January, according to the forecaster, which is widely regarded for its accurate predictions. That would be a £19 a year rise, […]

Business
November 18, 2024
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From Snow-capped Peaks To Coastal Shores, A Look At NH-44's Epic Route

Last Updated:November 18, 2024, 13:05 IST National Highway 44 starts in Srinagar, Kashmir, and ends in Kanyakumari, Tamil Nadu. NH-44 offers a complete journey across India. Over the past decade, India has transitioned from building highways to constructing expressways. Among these, the Delhi-Mumbai Expressway is a significant infrastructure project. However, in terms of length, it […]

Business
November 18, 2024
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CLSA, Citi split on outlook for Indian equities

Foreign investors have sold over $13 billion of Indian equities since October. CLSA and Citi are taking opposite stances on Indian equities. CLSA reversed its tactical overweight on China while raising exposure to India, saying the South Asian nation is least likely to feel the heat from potentially higher tariffs when Donald Trump takes office […]

Business
November 18, 2024
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Is November 20 A Bank Holiday In Maharashtra Due To State Assembly Election?

New Delhi: Bank branches across Maharashtra will remain closed owing to State Assembly Election being held on November 20. In addition to banks, government has declared a public holiday for state government offices and other associated organizations on November 20.  The RBI official holiday list too mentions bank holiday across Maharashtra on November 20 due […]

Business
November 18, 2024
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Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On November 18

Last Updated:November 18, 2024, 08:02 IST Stay updated with the latest petrol and diesel prices in Mumbai, other cities for November 18, 2024. Discover the current rates per litre and understand the factors influencing daily fuel prices. Petrol and diesel prices on November 18 Petrol, Diesel Prices Today On November 18, 2024: Every day at […]

Business
November 18, 2024
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German manufacturers warn of the sector's 'formidable crash'

Beckhoff Automation German business owner Hans Beckhoff says the country’s manufacturers are struggling In the 44 years since Beckhoff Automation opened for business, owner Hans Beckhoff says he hasn’t seen an economic crisis like this one. “You can usually expect a crisis about once every five to eight years,” says Mr Beckhoff. “This time it’s […]

Business
November 17, 2024
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Nifty companies see marginal 4% rise in profits in Q2

MUMBAI: The September quarter of FY25 was the second consecutive three-month period when Nifty 50 companies showed a single-digit growth in net profits, thanks to the poor showing by companies in the commodities sector. However, the good news is that the second half of the current fiscal is expected to be better, a report by […]

Business
November 17, 2024
3 views 9 mins 0

India calls out developed nations for climate inaction at COP29 conference

India voiced strong concerns regarding developed nations’ reluctance to engage meaningfully in discussions about supporting climate initiatives in developing countries at the COP29 conference in Baku while highlighting that addressing climate change requires substantial financial and technological assistance.India, during the Mitigation Work Programme’s closing plenary on Saturday, highlighted how developed nations, despite their historical responsibility […]