Higher interest rates would effectively increase the capex costs for automakers, as well as financing costs for vehicle buyers. The only sustainable way out of this double whammy would be a pick-up in employment and growth and consequently, demandfrom Moneycontrol Business News https://ift.tt/c1FtAVD
Strong demand following Russia#39;s invasion of Ukraine means growers are receiving the highest prices ever for their crops, while also easing pressure on the state#39;s grain procurement agency which racks up huge debts as a buyer of last resort.
A round-up of the biggest articles from newspapers
The Open Network for Digital Commerce (ONDC) is an initiative of the government to promote an open platform for all aspects of the exchange of goods and services through electronic networks.
The latest uptick was thanks to the Bank of Japan, which sent the yen falling through 130-per-dollar for the first time since 2002 on Thursday when it reinforced a commitment to its super-low yield policy.
Amazon.com Inc delivered a disappointing quarter and outlook on Thursday as the e-commerce giant was swamped by higher costs to run its warehouses and deliver packages to customers.
Chipmaker Intel Corp forecast second-quarter revenue and profit below Wall Street expectations on Thursday on worries of demand weakness in its largest end market, PCs, and increased supply-chain uncertainty due to COVID-19 lockdowns in China.
The firm, which offers consulting, digital, technical and engineering services, reported first-quarter revenue of 5.17 billion euros ($5.44 billion), up 17.7 percent year-on-year at constant exchange rates.
Now 66, Nandan Nilekani has one more ambitious goal. The high-profile mogul is helping Prime Minister Narendra Modi build an open technology network that seeks to level the playing field for small merchants in the countryâs fragmented but fast-growing $1 trillion retail market.
Godrej Properties: The development on this land will comprise primarily of plotted residential units and will offer an estimated saleable area of 1.5 million sq. ft.
UPI payments have become ubiquitous and became the first big thing which impacted retail, Nilekani, the founding chairman of UIDAI (Aadhaar), noted.
We see AU Small Finance Bank as a long-term winner to be added on any decline
A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum and Tether to help jump-start the day.
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Bitcoin#39;s price is currently Rs 31.15 lakh, with a dominance of 41.22 percent. This is a 0.03 percent decrease over the day
A round-up of the biggest articles from newspapers
The board of Eureka Forbes, in a meeting held on Tuesday, approved the appointment of Arvind Uppal as chairman with immediate effect, the company said a regulatory filing.
The airline is also introducing additional frequencies between Ahmedabad and Pune.
Biocon Sdn Bhd has been awarded the three-year contract by Ministry of Health (MoH), Malaysia.
Jack Dorsey said his biggest regret is Twitter being "owned by Wall Street and the ad model" and that "taking it back from Wall Street is the correct first step"
Remote work made more normal by the pandemic has altered how companies operate, especially when it comes to hiring
The scooter was bought for close to Rs 70,000 on April 22 and exploded within a day of purchase while charging in the house at around 3.30 am in the morning on April 23
The auto major has hiked prices by 1.1 percent on average to partially offset the rise in input cost. Maruti Suzuki, too, recently hiked the prices of its cars
Right from how much they have eaten to how much milk they have given in a day to their health status, the fitness band tied on the cow#39;s neck will track all such data. This information can be tracked on an app in a smartphone owned by the Dairy Farmer and Amul
The British high commission said Boris Johnson is expected to discuss with Modi the next-generation defence and security collaboration across the five domains â land, sea, air, space and cyber â as both nations face complex new threats.
HCL Tech remains one of the cheapest large IT stocks and could be added gradually in a volatile market
Norton recently opened its new manufacturing facility in Solihull, West Midlands, to build bikes using traditional hand-crafted techniques with modern-day machinery for consistently high quality.
The first launch with New Space India is expected in 2022 from the Satish Dhawan Space Centre (SDSC) SHAR, Sriharikota.
The company, which currently sells models like Seltos and Sonet in the country, will open the bookings for the electric model on May 26.