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Business

Index of Industrial Production falls for 3rd straight month by 3.8% in October

New Delhi: Showing signs of economic slowdown, Industrial production shrank for third consecutive month in October by 3.8 per cent, mainly due to output fall in manufacturing, mining and electricity sectors, as per official data released on Thursday.

 


Reliance Jio brings new plans, prices rise by up to 39%

New Delhi: Reliance Jio on Wednesday announced new plans which will be costlier by up to 39 per cent compared to older plans for its customers.


LATEST HEADLINES

Shehbaz Sharif says ceasefire extends beyond Iran, including “Lebanon and elsewhere”


US rules out use of nuclear weapons against Iran


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Amid blistering heat in coastal areas, Udupi DC urges precautionary measures


RR amass 150/3 against MI in rain-truncated game


Kerala polls: Vijayan, Revanth Reddy trade barbs as campaigning ends


Two killed as bus hits motorbike


Odisha: Two girls drown while bathing in village pond


Bengaluru: CCB police busts black marketing of IPL tickets, 11 arrested


Unreserved vacancies for candidates with disabilities open for all categories: SC


Bengal polls: Mamata Banerjee backs Jyotipriya Mallick as TMC's candidate from Habra




Larry Page, Sergey Brin step down; Sundar Pichai promoted as Alphabet CEO

Google's India-born Chief Executive Officer Sundar Pichai will assume the leadership role at its parent firm Alphabet after the internet giant's co-founders Larry Page and Sergey Brin stepped down from its active management, making him one of the most powerful corporate leaders of the world.

About 92,700 BSNL,MTNL employees opt for voluntary retirement; firms to save Rs 8,800 crore annually

New Delhi: Nearly 92,700 employees of BSNL and MTNL have opted for voluntary retirement, which is expected to save about Rs 8,800 crore annually in salary bills for the debt-laden telecom companies.

 

India's GDP growth slips to six year low 4.5 pc in July-Sept

New Delhi: India's economic growth slipped further to hit an over six-year low of 4.5 per cent in July-September, according to official data released on Friday.

 

Tata Steel confirms 1,000 job cuts in UK as talks with workers kick off

London: Tata Steel Europe said it had begun consultations with the European Works Council (EWC) on Wednesday on restructuring plans for its business, which would include up to 3,000 job losses 1,000 of which will be in the UK.

 

Sensex, Nifty hit record peaks in opening session

Mumbai: Market benchmark BSE Sensex jumped over 200 points in early trade on Tuesday to hit its record high of 41,108, and NSE Nifty surged to its lifetime peak of 12,126 amid sustained foreign fund inflow and positive global cues.

 

India becoming $5 trillion economy by 2025 ‘simply out of question’: Ex-RBI Governor C Rangarajan

New Delhi: Claiming that India will need another 22 years of sustained growth to become a “developed country,” former Reserve Bank of India (RBI) governor C Rangarajan said on Thursday that at the current growth rate, India becoming a USD 5 trillion economy by 2025 is “simply out of question.”

 
Tata Steel confirms job cuts of up to 3,000 across European operations

London: Tata Steel has confirmed cuts of up to 3,000 jobs across its European operations as part of a wider restructuring and cost-cutting strategy to counter stagnant steel demand in Europe and global overcapacity.

 

IT companies may shed 30,000-40,000 mid-level staff: TV Mohandas Pai

Bengaluru: India's information technology services companies may shed 30,000 to 40,000 middle-level employees this year as growth slows down, IT industry veteran T V Mohandas Pai said Monday.

 

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