Swedish music streaming service Spotify is not paying 30 per cent 'Apple tax' on its subscriptions via App Store as claimed but even less than 1 per cent of paid subscribers, Apple has said....
RBI Deputy Governor Viral Acharya's resignation on Monday did not surprise many. Market sources said it was expected, given his views on the Reserve Bank of India's (RBI) position in the economy. Acharya's exit from the RBI top ranks was being speculated upon since last ...
Reserve Bank of India's (RBI) Deputy Governor Viral Acharya has quit six months before the end of his term, sources said on Monday. Acharya is the third top official to quit RBI before completing their term. The first being former RBI Governor Raghuram Rajan and second being former Governor ...
The Principal Advisor to Lucknow Metro Rail Corporation (LMRC) Padma Vibhushan E. Sreedharan has submitted his resignation citing health issues, an official said on Monday. The LMRC has forwarded the letter to the state government for its approval. ...
Binny Bansal, the co-founder of India's leading e-tailer Flipkart, sold around 54 lakh of his equity shares valued at $76.4 million (Rs 531 crore) to world's retail giant Walmart's Luxembourg entity FIT Holdings SARL, business intelligence platform Paper.vc said on Monday....
In a bid to reduce travel time, the Indian Railways, under its 100-day action plan, envisages increasing the speeds of trains on the Delhi-Mumbai and Delhi-Howrah routes at an investment of over Rs 13,500 crore, officials said. A senior railway ministry official told IANS: "In a proposal approved by ...
Sensex and Nifty declined during the morning session of the trade on Monday over weak global cues....
Facebook co-founder Chris Hughes, who initiated the call to break up the social networking giant, has termed the new digital currency Libra "frightening". In a series of tweets, Hughes said Libra has a long way to go before being successful, but in theory, it's "brilliant and frightening"....
The leaders of the Association of Southeast Asian Nations on Saturday gathered in Bangkok for a summit to discuss economic matters affecting the region amid the ongoing trade tensions between the US and China, as well as to broach an array of policies promoting a path toward greater sustainability....
The trade war between US and China seemed like a distant conflict to most Indians. As the two largest economies in the world dished out threats and counter-threats of tariff hikes, India was largely a disinterested bystander with the only consequential fear of slower global trade. However, over the ...