Business

Top 5 gadgets that grabbed eyeballs in India in 2018

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New Delhi: From high-end tablets to powerful cameras, the year 2018 saw some cool gadgets arriving in India. Here are the top 5 picks from the lot. Apple Watch Series 4 Call it guardian of your health. If you are constantly worried about an elderly person in your family suffering a fall in the bathroom or in the garden, the ...

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Apple made false claims about iPhone X series, claims lawsuit

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San Francisco: A lawsuit filed in a US court has accused Apple of making false claims about the screen sizes and pixel counts of the displays in its iPhone X series, CNET reported. The suit filed on Friday in the District Court of Northern California alleges that the Cupertino, California-headquartered tech giant lied about the screen sizes of iPhone X, ...

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WPI inflation falls to 4.64% in November on softening food prices

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New Delhi: Inflation based on wholesale prices fell to a three-month low of 4.64 percent in November, as prices of food articles, especially vegetables, softened. The Wholesale Price Index (WPI)-based inflation stood was 5.28 percent in October and 4.02 percent in November last year. According to the government data released Friday, food articles witnessed softening of prices with deflation at ...

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Markets end marginally higher, Nifty reclaims 10,800

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Mumbai: Markets ended marginally higher on Friday as investors remained cautious of the crucial RBI board meeting under new Governor Shaktikanta Das. The BSE Sensex ended higher at 35,962.93, by jumping 33.29 points or 0.09 percent while the NSE Nifty reclaimed 10,800 mark by climbing 13.90 points or 0.13 percent to 10,805.45. The RBI board to deliberate on the central ...

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Saudi Arabia likely to make biggest investment in Pakistan’s history

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Islamabad: A Pakistan minister on Thursday said that an incoming investment package from Saudi Arabia promises to be “the biggest foreign investment in the country`s history”. Asad Umar, while addressing an event in Islamabad, said that the package would be announced soon, reports Dawn news. “The ball is in our court. It is going to the cabinet for approval next ...

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United Bank of India raises deposit rates by 0.25%

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New Delhi: State-owned India United Bank of India on Wednesday raised deposit rates across select maturities by 0.25 percent. With the increase, fixed deposit rate for one-year tenure will increase to 6.5 percent from existing 6.35 percent, the bank said in a regulatory filing. The interest rate for fixed deposits between 1-3 years will increase to 6.25 percent from 6 ...

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Sebi expands OFS framework to all cos with market-cap of Rs 1K-cr and above

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Mumbai: Capital markets regulator Sebi Wednesday decided to expand its offer for sale (OFS) framework to all the companies with market capitalisation of Rs 1,000 crore and above. Currently, the OFS framework is available to top 200 companies by market capitalisation. Also, if the seller fails to get sufficient demand from non-retail investors at or above the floor price on ...

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Operational independence of central banks important: IMF on RBI

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The International Monetary Fund (IMF) on Thursday said “operational independence” of central banks like the Reserve Bank of India (RBI) was important for carrying out their responsibilities. Gerry Rice, IMF Director, Communication, said this in response to a question on the recent developments at the RBI. He, however, added that his views were in the context of international experiences. “International ...

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