The US dollar weakened as the US Federal Reserve Chairman Jerome Powell's dovish remarks on rate hikes coupled with strong jobs data alleviated traders' demand for safe havens. In late New York trading on Friday, the euro was up to $1.1398 from $1.1391 in the previous session, and the British pound rose to $1.2740 from $1.2629 in the...
Following sexual harassment allegations in November 2018 and an indefinite period of leave, Sotheby's Managing Director for India Gaurav Bhatia has stepped down from the post, an official statement said on Saturday. Confirming the news, Bhatia in a statement said he has decided to move on from ...
Pakistan and the United Arab Emirates (UAE) have finalised a $6.2 billion support package to help Islamabad address its balance of payments challenge, the media reported on Saturday. The package involves $3.2 billion worth of oil supplies on deferred payment, besides a $3 billion cash deposit. It is expected to be announced by Crown ...
Defying the global markets, the benchmark Sensex gained over 200 points during the afternoon trade session on Friday as financial stocks gained. In addition, the sentiments were lifted as the Indian currency strengthened by over 30 paise on Friday to trade at 69.88 per dollar, against the previous ...
US-based business process services company Conduent has completed the acquisition of software company Health Solutions Plus (HSP) for an undisclosed sum. New York-based HSP developed a healthcare payer administration software that would enable Conduent to better serve commercial and government payer clients ...
Maintaining a balance between ties with the US and Russia, talks on free trade agreements with Europe and Southeast Asia, and making the Indo-Pacific concept gain global acceptability will be among India's top foreign policy priorities in the year ahead....
Beginning his Twitter tirade in New Year, Tesla founder and CEO Elon Musk has criticized Singapore, saying the government there has been "unwelcome" to his electric car plans for the city state. Responding to one of his follower's question on why Tesla was not yet in ...
Sensex on Friday opened higher in a sharp contrast to the global markets which suffered heavy losses as slowdown concerns magnified after a weak US factory data outcome. Earlier Chinese factory data along with that of India's suggested a global growth slowdown....
The Karnataka government on Thursday agreed to give its share of the Bengaluru suburban train project cost from the state budget for fiscal 2019-20, an official statement said. "The state government will clear the city's suburban train network's detailed project report (DPR) by Sunday and allocate funds for it in its budget to be ...
Around 82 per cent of start-ups in the country are yet to receive any benefit under the Centre's Startup India initiative, a report said on Thursday. "Only 18 per cent start-ups and SMEs (small and medium enterprises) in the next poll claimed to have benefited from the Startup India Mission. This means that...
