The retail sales across segments rose by 10 per cent to 2,45,30,334...
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74 pc Indians in favour of govt creating mandatory BIS standard for hospital bills: Report
"The three years of the Covid-19 pandemic brought to light, several...
India’s Ayurveda product market to reach Rs 1.2 lakh crore by FY28: Study
Ayurveda product market has experienced significant growth due to...
Pandemic speeds labour shift from humans to robots, WEF survey finds
“COVID-19 has accelerated the arrival of the future of work,” WEF Managing Director Saadia Zahidi said.
World trade rebounding slowly, outlook uncertain: U.N. report
Global trade recovered somewhat in the third quarter, when it was estimated at about 4.5% less than in the same period a year ago, the agency said in its latest update.
“Trade in home office equipment and medical supplies has increased in Q3, while it further weakened in the automotive and energy sectors,” UNCTAD said. Growth in the textiles sector was also strong.
Less carbon, more electric vehicles: automakers prepare for potential Biden win
Trump’s and Biden’s policies for autos and transportation diverge, presenting automakers with very different sets of risks and rewards.
f elected, Biden is expected to quickly reinstate the legal basis for California’s zero-emission vehicle rules and begin the process of reversing the Trump administration’s decision to ease fuel efficiency and carbon emission requirements through 2025.
Automakers could also face sharply higher penalties for failing to meet fuel-efficiency requirements. The Trump administration rolled back those penalties, which the industry said saved at least $1 billion in annual compliance costs, but a federal appeals court in August reversed the administration action.
London must ‘seize the moment’ to maintain global leadership amid COVID-19 pandemic:Report
Britain accounted for nearly a third of financial activity in the European Union, which it left last January, and will no longer have to comply with its rules after Dec. 31.
New Financial said in its study “Beyond Brexit,” supported by Barclays bank, that leaving the EU would be a seismic change and involve significant disruption for the banking and finance industry’s relations with the bloc.
Riding without helmet will now lead to 3-month suspension of driving license: Karnataka Govt
“As per new directives, helmets are mandatory for all two-wheeler riders who are over four years of age. State govt has imposed a 3-month suspension of driving license along with a penalty in case of violation,” said State Department of Transport, Karnataka.
Lockdown has ended, but virus still there; All must be cautious during festivities: PM
The prime minister said the government is making all efforts to ensure that a vaccine, whenever it is launched, reaches every Indian.
Microsoft, Elon Musk’s SpaceX tie up to woo space customers
The partnership with SpaceX Starlink will provide high-speed satellite broadband for Microsoft’s cloud computing data centers, the company said here in a blog post.
Cloud companies have seen a surge in demand this year as more businesses use their services for switching to work from home due to the COVID-19 pandemic
Berkshire Hathaway to pay $4.14 million to settle Iran sanctions violations claims
Berkshire voluntarily reported the apparent violations in May 2016 after receiving an anonymous tip, replaced employees who were involved, and upgraded compliance procedures for its foreign subsidiaries, OFAC said.
U.S. says Google breakup may be needed to end violations of antitrust law
The federal government’s complaint against Alphabet Inc’s GOOGL.O, which alleges that Google acted unlawfully to maintain its position in search and search advertising on the internet, was joined by 11 states.
The government said Google has nearly 90% of all general search engine queries in the United States and almost 95% of searches on mobile.
The lawsuit marks the first time the U.S. has cracked down on a major tech company since it sued Microsoft Corp MSFT.O for anti-competitive practices in 1998.
The European Union fined Google $1.7 billion in 2019 for stopping websites from using Google’s rivals to find advertisers, $2.6 billion in 2017 for favoring its own shopping business in search, and $4.9 billion in 2018 for blocking rivals on its wireless Android operating system.
Wizz Air CEO expects smaller airline industry after pandemic
While aircraft deliveries are down sharply as airlines struggle to preserve cash, Wizz Air has continued to add to its Airbus fleet during the crisis. Together with India’s IndiGo it makes up about a quarter of Airbus deliveries.