India’s textile industry, often regarded as one of the oldest and most employment-generating sectors in the country, is witnessing a recovery driven by external demand, government support, and a more favourable input cost environment. Although domestic cotton prices remain elevated in comparison to global rates, the broader operating landscape has improved — offering tailwinds to both manufacturers and investors keeping an eye on textile stocks.
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Global digital payments platform PayPal plans to hire over 1,000 engineers for its India Development Centres across Bengaluru, Chennai and Hyderabad over the course of the year. The move comes despite PayPal announcing last month that it had decided to wind down its domestic payment services in India from April 1.
New Delhi, Mar 2: Bharti Airtel on Tuesday said that it has acquired 355.45 MHz spectrum across Sub GHz, mid band and 2m300 MHz bands for a total consideration of Rs 18,699 crore in the latest spectrum auction conducted by the Department of Telecommunications (DoT).
San Francisco, Mar 2: Twitter says it has begun labelling tweets that include misleading information about Covid-19 vaccines and using a “strike system” to eventually remove accounts that repeatedly violate its rules.
Mumbai, Mar 1: Equity benchmark indices traded firm during early hours on Monday on the back upbeat global sentiment and India getting technically out of recession with Q3 GDP data showing 0.4 per cent growth.
Washington, Feb 27: Facebook has doubled down on its efforts to take on the growing Chinese short-video making platform TikTok, this time by launching a new app for creating and sharing raps.
New Delhi, Feb 26: Extending its losses the BSE Sensex declined over 1,500 points in line with global selloff.
New Delhi, Feb 25: The four-hour long trading halt on the National Stock Exchange (NSE) has raised several questions among the investors and brokers who may have to face huge losses as a result of the glitch. One major question is why did the disaster recovery site not come to the rescue when it was needed the most.
Mumbai, Feb 24: Equity benchmark indices jumped by nearly 2 per cent on Wednesday with banking and financial stocks gaining substantial ground. The BSE S&P Sensex closed 1,030 points or 2.07 per cent higher at 50,782 while the Nifty 50 advanced by 274 points or 1.86 per cent to 14,982. At the National Stock Exchange (NSE), trading in all segments remained halted for several hours due to a
Geneva, Feb 24: Poorer countries will most likely "bear the brunt of hundreds of thousands of needless deaths" due to inequalities in access to COVID-19 vaccines.