Category: Business
Core US inflation eases a fourth month, sealing Fed rate cut
In July, the core consumer price index in the US rose 3.2% from a year ago, marking a four-month decline in underlying inflation. Monthly, it […]
Cabin pressurisation snag: AI London-bound flight returns to Mumbai 3 hours after take off
An Air India Boeing 777 from Mumbai to London experienced a cabin pressurisation issue shortly after takeoff and returned to Mumbai. The aircraft landed safely, […]
New bank locker rules: Amendments to nomination rule for bank lockers, deposits proposed – here’s what you should know
Banking Laws (Amendment) Bill, 2024: When there are multiple simultaneous nominees, the nomination will be effective in a predetermined proportion. In the case of successive […]
Sachin Tendulkar to turn entrepreneur with new athleisure brand to compete with top brands, but at affordable pricing
Sachin Tendulkar, along with former Swiggy executives, is launching a sports athleisure brand. The venture aims to compete with top brands, focusing on affordability and […]
Why Indian Railways is unlikely to go for aluminium-bodied Vande Bharat trains
Indian Railways has nixed plans for aluminium-bodied Vande Bharat trains due to high costs and lack of domestic expertise. Future focus aims at cost-effective sleeper […]
Fastest manufacturing growth in 50 years? Apple’s India business surpasses Rs 2 lakh crore; tech giant India’s largest global value chain
In FY24, Apple’s India business grew beyond Rs 2 lakh crore due to increased iPhone production and strong sales of other products. The company’s shift […]
Stock market today: BSE Sensex opens over 100 points up; Nifty50 near 24,150
Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, moved up in opening trade on Wednesday. While BSE Sensex opened over 100 points […]
Starbucks gains $27 billion in a day on new ‘dream’ CEO
Starbucks’ shares jumped 25% with the hiring of Chipotle CEO Brian Niccol, enhancing its market capitalization by $21.4 billion. Analysts endorsed the appointment, crediting Niccol’s […]