By the end of the April-June quarter, Vodafone can look into raising its tariffs and immediately postpone its plan for price increases after Reliance Jio drops its telephone use cost by 25%. The third largest telco in Spain with an average user income of Rs 121 less than Bharti Airtel Rs 166 and Jio’s Rs […]
Category Archives: Business
Virgin Atlantic, which has been hit hard by the COVID-19 pandemic, is expected to raise 160 million pounds ($222.75 million) in new funding, according to a spokeswoman for Richard Branson’s airline. The spokeswoman said, “We continue to bolster our balance sheet in anticipation of the lifting of international travel restrictions in the second quarter of […]
The Asia-Pacific vending machines market is anticipated to grow with a considerable CAGR of 7.9% during the forecast period (2020-2026). Vending machines can be easily found around the stations, hotels, hospitals, amusement parks, commercial buildings, or simply by the side of the road. The growth of the market will be mainly influenced by the high […]
On Saturday, 13th March 2021, Bitcoin briefly surpassed $60,000 for the first time, as growing funding from corporate titans aids the world’s most common virtual currency in continuing its record-breaking streak. As per the site CoinMarketCap, the cryptographic money arrived at an unequalled high of $60,012 at 1149 GMT. Bitcoin has been on a meteoric […]
According to the Reserve Bank of India, loans increased by 6.64% to Rs 107.15 lakh crore and deposits increased by 12% to Rs 149.44 lakh crore. On 28 February 2020, bank credit amounted to Rs 101.05 lakh crore and Rs 133.26 lakh crore deposits, consistent with recent data released by the RBI. Bank loans increased […]
Former RBI Governor, Raghuram Rajan on Sunday cautioned that “drastic changes” in India’s monetary policy framework can upset the bond market as the current system has helped in containing inflation and promoting growth. Rajan, who is also an economist, believes the government’s ambitious goal of making India a $5 trillion economy by 2024-2025 was “more […]
In India, the Mines Ministry has developed a framework for the reuse of non-ferrous materials, including aluminium and copper, with the aim of reducing the purchase of scrap items. The Ministry of Mines also believes that one of the biggest challenges faced by the non-ferrous metals industry is its high reliance on steel imports and […]
On Monday, 15th March 15, 2021, global stock prices rose sharply, while the US bond yields hovered near a 13-month high, as investors bet that the US economy will pick up speed after the passing of a major stimulus package. When the Federal Reserve released its new economic projections at the conclusion of the Federal […]
According to new drone regulations that came into effect on Friday, 12th March, 2021 in India, drones weighing more than 250 grammes (gm) can only be flown by a remote pilot with permission from the Directorate General of Civil Aviation (DGCA) for each flight. However, the regulations, which were finalized after ten months of consultations, […]
After getting the toxic ammonia on the space suits, the spacewalking astronauts had to take extra safety precautions. The toxic ammonia was leaked from the international space stations external cooling system. Two astronauts named Victor Glover and Mike Hopkins faced no trouble when they tried to remove and vent the old jumper cables which would […]