Category: Business and Finance

India’s petrol consumption grew for the first time since February in September, with diesel demand also recovering month on month, according to data released by the government’s Petroleum Planning and Analysis Cell. The petrol consumption last month, at 2,450 thousand metric tonnes (TMT), was even higher than for the corresponding … Read more

To onboard street food vendors on its ecommerce platform, giving them online access to thousands of consumers and help these vendors grow their businesses, the Ministry of Housing & Urban Affairs (MoHUA) has entered into an MoU with Swiggy, the leading food ordering and delivery platform in India. This is … Read more

HSBC will target net zero carbon emissions across its entire customer base by 2050 at the latest, and provide between $750 billion and $1 trillion in financing to help clients make the transition, Chief Executive Noel Quinn. The pledge is the strongest statement by Europe’s biggest bank on climate change … Read more

E-invoicing uptake has seen immense progress with over 69.5 lakh Invoice Reference Number (IRN)s generated between October 1 and October 7, senior officials said. On the very first day of e-invoicing system, more than 8.40 lakh IRNs were generated by 8,453 users while on October 7, about 13.69 lakh IRNs … Read more

Amazon.com Inc AMZN.O has invested 7 billion rupees ($95.51 million) in its Indian payments unit, ahead of the festive season, data from business intelligence firm Tofler showed. Amazon will begin its festive season sales on Oct. 17, and has been trying to encourage payments through Amazon Pay with cashbacks and … Read more

The benchmark indices were trading with minor gains on Friday, on the back of mixed global cues, ahead of the monetary policy address of RBI Governor Shaktikanta Das at 10 am. The S&P BSE Sensex gained 100 points at 40,270 levels and the Nifty50 index held on to the 11,850-mark. … Read more

New Delhi: Delhi Environment Minister Gopal Rai on Thursday inaugurated a ‘green war room’ at the Delhi Secretariat to monitor pollution levels in the city this winter. The minister said a 10-member team has been set up to monitor the levels of primary pollutants, measures taken to curb pollution and … Read more

Mumbai: The rupee opened on a flat note and inched 5 paise higher to 73.28 against the US dollar in early trade on Thursday supported by positive domestic equities and weak American currency. Traders said investors are cautious ahead of the RBI Monetary Policy Committee (MPC) decision on Friday. At … Read more

Amazon on Thursday introduced ‘Live TV’ feature for Fire TV devices in India, making it easier for customers to discover live channels from their favourite content providers. The new feature introduces a ‘Live’ tab on the navigation pane and an ‘On Now’ row on the Fire TV home screen, making … Read more