BUSINESS

Ola Electric slashes prices for S1 X line of e-scooters

ola scooter

Ola Electric has unveiled new pricing structures for its S1 X line of e-scooters, alongside details regarding delivery. The S1 X series, available in three battery variants – 2 kWh, 3 kWh, and 4 kWh, will now be priced at Rs 69,999 (introductory offer), Rs 84,999, and Rs 99,999, respectively. Deliveries are slated to commence next week. A spokesperson from Ola ...

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Sensex down by 300 points, Israel’s return attack fears grip markets

sensex

BSE Sensex is down by more than 300 points on Tuesday after a plunge of 845 points on Monday, continuing the declining trend amid concerns about general elections, geopolitical factors, and uncertainty in the markets. Sensex is trading at 73,040 points, down by 358 points. Sensex is on the verge of falling below the 73K mark if the weakness persists. IT ...

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Who’s Sarath Chandra Reddy? Liquor scam approver who paid crores in EBs

Hyderabad-based businessman Sarath Chandra Reddy, the man whose revelations led to the arrest of BRS MLC K. Kavitha and Delhi CM Aravind Kejriwal over the past week, also paid Rs 55 crore to the Bharatiya Janata Party through electoral bonds, the data released on March 21 reflected. Sarath Chandra Reddy won licences for five liquor retail zones under the excise ...

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Sensex, Nifty tank lower, midcaps see sharper decline

sensex

The Nifty hit a new low, marking its lowest point in over a month, as it closed down by 1.08 percent or 238.3 points at 21,817.5 on Tuesday. Trading volumes in the NSE cash market were modest at Rs. 0.83 lakh crore. Despite the negative advance-decline ratio at 0.36:1, the midcap index experienced a sharper decline compared to the Nifty. ...

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Bitcoin Future: What happens If The Cryptocurrency Creator Satoshi Nakamoto’s Identity Is Revealed?

bitcoin

The enigmatic figure behind Bitcoin’s creation, known as Satoshi Nakamoto, has captivated the imagination of the cryptocurrency community since the inception of Bitcoin. The potential unveiling of Nakamoto’s identity has spurred intense speculation and debate, prompting considerations about the ramifications for Bitcoin’s future. Satoshi Nakamoto, the pseudonymous individual or group responsible for birthing Bitcoin, remains a mystery to this day. ...

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What’s ‘Manohari’ tea? Just sold at Rs.1.15 lakh per kg in auction

A special tea named ‘Manohari tea’ in Assam’s Dibrugarh district has been sold for Rs 1.15 lakh per kg at a private auction, compared to Rs.99,999 last year. The proprietor of the tea estate, Rajan Lohia said that ‘Manohari Gold Tea’ fetched the price at an auction on the private portal ‘Tea Intech’ on Friday. Due to a cap on ...

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Cisco joins Big Tech Layoff, begins firing 4,000 Employees

Google job search engine

Joining the Big Tech layoff season, networking major Cisco has reportedly started laying off 5 per cent of its workforce, which is more than 4,000 employees as a part of its “rebalancing” act and “rightsizing certain businesses”. Silicon Valley Business Journal reported that many workers took to TheLayoff.com and Blind portal to post about the job cuts at the company. ...

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RBI hikes Repo Rate by another 50 basis points to 5.9%

GDP for 2022-23 projected to grow at 7.0%. Internet banking facility to be started for Regional Rural Banks’ customers. Regulation of offline payment aggregators proposed. Repo Rate hiked to 5.90% The repo rate, the rate at which RBI lends money to commercial banks, has been hiked by 50 basis points again. Considering the prevailing adverse global environment, resilience in domestic ...

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Telecom fraud: DoT unearths fraudulent illegal Telecom set-ups to route ISD calls

Fraudsters use illegal telecom set-ups to route ISD calls received through internet (VoIP) illegally to domestic mobile and wireline customers in India. Illegal telecom setups primarily use internet connectivity on one side and connect to domestic mobile and landline network for distribution of call which is not allowed as per regulations. Such illegal setups pose security threat and revenue loss ...

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Vice President flags off Jaipur Foot team to Syria to provide artificial limbs to amputees

‘Nothing is more religious than serving the people in need’ says Vice President Jagdeep Dhankhar. Dhankhar lauds the efforts of Bhagwan Mahaveer Viklang Sahayata Samiti (BMVSS) for their untiring efforts, Says, ‘BMVSS’ service for humanity reflects India’s civilisational ethos of sharing and caring’. The Vice President, Shri Jagdeep Dhankhar today said that “there is nothing more religious than serving the ...

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President of India Inaugurates Integrated Cryogenic Engine Manufacturing Facility of Hindustan Aeronautics Limited; Also Lays The Foundation Stone for The Zonal Institute of Virology

President Murmu

The President of India, Smt Droupadi Murmu, inaugurated the Integrated Cryogenic Engine Manufacturing Facility of Hindustan Aeronautics Limited (HAL) in Bengaluru today (September 27, 2022). She also laid the foundation stone for the Zonal Institute of Virology (South Zone) virtually on the occasion. Addressing the gathering, the President said that inauguration of the Integrated Cryogenic Engine Manufacturing Facility is indeed ...

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Amazon Great Indian Festival 2022 enters second day of sale; Lowest prices

Amazon Great Indian Festival 2022 sale has picked up but the numbers are not available still still compared Flipkart’s Big Billion Deal as both entered the second day on Saturday. The massive festive season sales are offering big discounts on popular smartphones, large appliances, and other electronic items. If you’re looking to get all your Diwali shopping done online, here ...

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Big Billion Days 2022: Flipkart shoppers peak to 1.6 million users per second

Flipkart

E-commerce major Flipkart witnessed record number of shoppers at 1.6 million users per second the moment it opened the ninth edition of its ‘Big Billion Days 2022’ festive sales on Friday. Attributing the huge rush to its opening to shoppers from tier 2 and smaller cities, the number of Flipkart Plus customers using Early Access saw huge rise from its ...

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Breaking: Indian Rupee hits 81 per US dollar

rupee-dollar/IANS

Though expected a little later, Indian rupee has plunged to its lowest today touching Rs.81 per US dollar, amid gloomy prospects of markets around the world in view of a steep rise in interest rates by the US Federal reserve by 0.75 percentage points, vowing to further hike in the future. On Thursday, experts expected the Indian rupee to hit ...

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Sensex plunges by 800 points, Indian Rupee touches 80.81 per US dollar

Indian benchmark indice Sensex fell by 800 points as of 01:30 p.m. on Friday. which is at 58,314.78 points or 804.94 (1.36%) points down from the previus day, revealing the deep impact caused by the US Fed Reserve decision to hike interest rates steeply and its pledge to continue further to tame the inflation. Nifty is also down to 17,407.05 ...

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Starlink satellite link is global now, declares SpaceX chief Elon Musk

Tech billionaire Elon Musk on Monday announced that Starlink, the satellite Internet division of his rocket company, is now active on all the continents, including Antarctica, connecting the entire world on one internet provision at a speed of around 50-200 Mbps. On the microblogging site Twitter, Musk wrote, “Starlink is now active on all continents, including Antarctica. Another batch with ...

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CBDT issues new guidelines, help decriminalisation of offences

Income-Tax

Sep 17 (IANS) Aiming decriminalisation of offences, the Central Board of Direct Taxes (CBDT) on Saturday issued revised guidelines for compounding of offences under the Income Tax Act, 1961 with reference to various offences covered under its prosecution provisions. Some of the major changes made for the benefit of taxpayers include making the offence punishable under Section 276 of the Act ...

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British pound slumps to a 37-year low; Now 1 pound=1.14 US dollar or 91 INR

Pounds/IANS

Sep 16 (IANS) The British pound slumped to a 37-year low on Friday after new data showed that shoppers are pulling back spending as inflation squeezes household budgets, underscoring fears that the economy may already be shrinking, media reports said. The currency fell below $1.14, its lowest since 1985, after the Office for National Statistics said that retail sales in August ...

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