Cryptos are gambling, their value only make-believe: RBI governor
MUMBAI: Reserve Bank governor Shaktikanta Das on Friday reiterated his call for an outright ban on cryptocurrencies, saying these are “nothing but gambling” and their perceived “value is nothing but m ...
Key takeaways from India, US December inflation data
NEW DELHI: Persistently rising inflation was a major concern for all economies alike last year. However, the first few days of the new year 2023 has brought some cheer as consumer prices are seen to b ...
Adani Group plans to invest Rs 60,000 crore in MP in various sectors
INDORE: Ports-to-energy conglomerate Adani Group on Wednesday said that it has plans to invest Rs 60,000 crore in mineral exploration, energy, agriculture, renewable energy and coal sectors.The group, ...
Tata-run iPhone plant would be a boon for India, executive says
NEW DELHI: Tata Group succeeding with its bid to take over an iPhone assembly plant in southern India would give a boost to the country’s ambitions to become an electronics manufacturing hub, a top ex ...
Loan fraud case: Ex-ICICI Bank MD Chanda Kochhar, husband granted bail
NEW DELHI: The Bombay high court on Monday granted bail to Chanda Kochhar, former ICICI Bank CEO and MD, and her husband Deepak Kochhar in a loan fraud case linked to Videocon group of companies.The C ...
1.5 mln Americans file jobless benefits last week
Business Posted Unemployment claims dipped last week to 1.5 million but remained historically high. As Fred Katayama reports, a second wave of layoffs amid weak demand and fractured supply chains is ...