Business

[ad_1] PUNE: After its listing on the New York Stock Exchange, GE Aerospace has announced an investment of over Rs 240 crore (~$30 million) to expand and upgrade its manufacturing facility in Pune. The investment will allow the facility to add new projects and manufacturing processes by acquiring equipment and …

[ad_1] Gold rate today: Gold prices reached a new all-time high on Thursday, influenced by global commodity prices. US Fed Chair Jerome Powell‘s statement, indicating that recent job numbers and higher-than-expected inflation wouldn’t change the central bank’s monetary strategy much, boosted investor confidence in gold, sparking increased buying activity.According to …

[ad_1] China pips India in buying Russian oil! India is no longer the top buyer of seaborne Russian oil. The country has been forced to reject some cargoes of sea-borne Russian oil because of sanctions. China is now lapping oil from Russia at deeply discounted rates. In March, China outpaced …

[ad_1] NEW DELHI: The Reserve Bank of India will likely keep interest rates unchanged Friday, with chances of an early cut fading after the government warned of a coming heatwave and the economy grew faster than expected.The central bank will likely keep its benchmark repurchase rate at 6.5% for a …

[ad_1] Stock market rally today: BSE Sensex and Nifty50, the Indian equity benchmark indices, hit fresh life-time highs in trade on Thursday. While BSE Sensex surged 500 points to hit the 74,501.73 mark, Nifty50 topped 22,600 levels for the first time. At 9:27 AM, BSE Sensex was trading at 74,263.89, …

[ad_1] Indian Railways readies a big 100 day plan for the new government! Indian Railways is finalising plans for the rollout of Vande Bharat sleeper, completion of the major Kashmir railway project that will link J&K with the rest of India and rolling stock procurement for the bullet train project.Indian …

[ad_1] Mumbai: Global private equity major Blackstone, which manages $1 trillion in assets, plans to invest $25 billion in India over the next five years.Blackstone chief operating officer Jonathan Gray said here that India was the third biggest investment destination for Blackstone after the US and UK. “The fact that …

[ad_1] MUMBAI: Chicago-based airline United Airlines has launched a new digital tool on its app and website for customers who use wheelchairs to find flights that can best accommodate the specific dimensions of their personal mobility device. The airline also announced that eligible customers may seek a refund of the …

[ad_1] MUMBAI: Malaysia Airlines and IndiGo on Wednesday announced the signing of a Memorandum of Understanding (MoU) for a codeshare partnership and mutual cooperation agreement. The agreement will enable both carriers to provide customers with more options and flexibility for seamless travels between Malaysia and India. Through this cooperation, Malaysia …

[ad_1] Tesla Inc’s disastrous sales report on Tuesday, and traders’ aggressive selling of the stock in the months leading up to it, have the share price plunging toward a critical level for investors.The electric-vehicle giant’s stock price has sunk more than 33% this year, making it the worst performer in …