1. Business & Economy

Business & Economy

Amazon’s record profit run ends, Bezos high on Prime delivery

July 26, 2019 San Francisco: A weaker-than-expected result saw Amazon shares down as the retail giant reported $63.4 billion in revenue with $2.6 billion in net income for the second quarter (Q2) of 2019. A…

Tata Motors’ loss in June quarter doubles to Rs 3,679.66 cr

July 25, 2019 Mumbai: India’s ongoing economic slowdown has claimed jobs, profits and caused investors to run scared of participating in the financial markets. An important indicators of economic growth is sale of commercial vehicle…

Business & Economy

Fuel subsidies 3 times higher than e-vehicle budget: Report

July 25, 2019 New Delhi: India’s subsidies to petrol and diesel between October 2018 and June 2019 amounted to almost three times the three-year government budget for electric vehicle (EV) support, a new study revealed…

With 2.41bn users, Facebook posts strong results in Q2

July 25, 2019 San Francisco: Despite paying a record $5 billion fine to the US Federal Trade Commission (FTC) over privacy violations, Facebook posted strong results for the second quarter (Q2), earning $16.9 billion in…

IndiGo announces entry into Myanmar, Daily Dhaka- N Delhi flight

New Delhi: IndiGo has introduced daily non-stop flights between Delhi and Dhaka from August 22 and from coming September it will add Yangon as the 18th international destination The Dhaka Delhi fare is starting at…

Emirates partners with Dubali’s renowned hotels for major benefit to its summer customers

  July 24, 2019 New Delhi: Emirates has partnered with world-renowned hotel providers to offer its passengers travelling to and through Dubai attractive summer rates in some of the UAE’s most prestigious hotels. Customers who…

Netflix unveils mobile plan in India at Rs 199 per month

July 24, 2019 New Delhi:  Aiming to come close to its rivals like Amazon Prime and Hotstar in India, American video streaming giant Netflix on Wednesday unveiled a mobile subscription plan for India at Rs…

Business & Economy

It’s official, 23 PSUs up for strategic disinvestment

July 24, 2019 New Delhi: The Narendra Modi government has decided to go for strategic disinvestment of 23 Public Sector Undertakings (PSUs). The budget estimate for the move in 2019-20 has been set at Rs…

Business & Economy

Deadline for filing ITR extended by a month to August 31

July 23, 2019 New Delhi:  In a major relief to the taxpayers, the government has extended the deadline for filing income tax return (ITR) for the financial year 2018-19 by a month to August 31,…

Business & Economy

Government panel suggests banning cryptocurrency, proposes penalty

July 22, 2019 New Delhi:  An inter-ministerial committee has recommended banning cryptocurrencies in India along with imposition of fines and penalties on activities linked with private virtual currencies in the country. The report and the…

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