Relief from hoax international calls: The Department of Telecommunications (DoT) and mobile operators have developed a system to identify and block spoof international calls that appear as Indian numbers. This initiative aims to provide relief to mobile users who have been receiving such calls from cyber criminals impersonating police officials, courier company workers, and even…
Jaguar Land Rover owned by India’s Tata Motors, is set to commence the production of its iconic Range Rover and Range Rover Sport models in India. This marks the first time in the 54-year history of these models that they will be manufactured outside of the UK. Previously, both models were exclusively produced at Jaguar…
Gold price outlook: The current circumstances appear to be ideal for gold, and overlooking its appeal could be a costly mistake for investors seeking to safeguard their wealth.Central banks in emerging markets are accumulating gold reserves as tensions persist in West Asia, enhancing the metal’s status as a reliable store of value. Additionally, the near…
MUMBAI: Punit Goenka-helmed Zee Entertainment Enterprises has sought a termination fee of $90 million from Sony Pictures Networks India after the latter pulled the plug on a $10-billion merger deal. In a regulatory filing, Zee said: “Sony Pictures Networks India (now known as Culver Max) and Bangla Entertainment, a unit of Sony Pictures, have failed…
NEW DELHI: In a first for Indian carriers, IndiGo has clocked nearly $ 1 billion annual profit. The profitable airline is also planning to get comfortable for passengers in the front end of aircraft by having a business class on some routes by the year-end.The airline reported a profit of Rs 1,895 crore this January-March,…
India has emerged as the sole nation among the top five steel producers in the world to witness growth in production during April, while others experienced declines of up to 7%.According to an ET report by Nikita Periwal, China, the global leader in steel production, saw its April output decrease by over 7% year-on-year to…
9-carat gold to be hallmarked soon? The gold trade has requested the Bureau of Indian Standards (BIS) to implement hallmarking and Hallmarking Unique Identification (HUID) numbers for 9-carat gold jewelry. This move comes as the prices of gold and silver have reached record highs, making them unaffordable for many consumers. At present, only 14, 18,…
Paytm Q4 results: In the fourth quarter ended March 2024, Paytm, the fintech major, reported a significant increase in losses, reaching Rs 550 crore compared to Rs 169 crore in the corresponding quarter of the previous year. The company’s revenue from operations also experienced a 3% year-on-year decline, amounting to Rs 2,267 crore, in contrast…
India is poised for a long-awaited economic take-off, driven by rising aggregate demand and increased non-food spending in the rural economy, according to the Reserve Bank of India‘s May Bulletin released on Tuesday. Rising aggregate demand The RBI’s article on the ‘State of the Economy’ highlighted a quickening momentum in aggregate demand. Recent indicators show…
Zomato CEO Deepinder Goyal has shared interesting insights into the days when he started the food delivery and restaurant aggregator platform. Recalling the days when he planned to launch Zomato, Goyal said his father was skeptical about the startup. “My dad at that time told me, janta hai tera baap kaun hai?” Goyal said at…
