NEW DELHI: After temporarily shelving his $44 billion deal to acquire social media platform Twitter, Elon Musk said he remains committed to the acquisition. The clarification came 2 hours after Musk tweeted that the deal was “temporarily on hold” until

Cranes lifting heavy material, dusty roads leading to the construction site, people in safety vests and helmets going about their work amid piles of sand and cement scattered everywhere. There are many indications that the construction of

Conflicting atmospheric conditions in the Pacific and Indian Oceans could result in normal to above-average rainfall in the first half of the monsoon season and bode well for seeding. However, fleeting rains could hit the second half of the season,

Export finance institution India Exim Bank is considering restructuring its $1.3 billion exposure in crisis-hit Sri Lanka. However, it has no exposure to Ukraine or direct exposure to Russia. It will also offer services to provide MSME exporters with easier

US carmaker Ford has dropped plans to manufacture electric vehicles in India for global markets. The Indian management of the US automaker announced this to the employees at the Chennai plant on Thursday. Ford India was among 20 different companies

BENGALURU : Life Insurance Corporation (LIC), whose IPO ended with a record subscription, has undrawn funds of Rs 21,336 crore, which is enough to fund two Manned Space Missions (Gaganyaan) launched with the budget of Rs 10,000 crore for get

NEW DELHI: In a decision that will have far-reaching implications for the issue of net neutrality, the government’s top body on telecoms affairs is likely to soon take a call on whether cellphone companies should be allowed to manage network

NEW DELHI: The Punjab National Bank, a public sector lender, on Wednesday reported a 66 percent fall in its standalone net income to Rs.202 billion for the quarter ended March 2022 due to a higher amount parked for the provision,

NEW DELHI: Domestic tariff caps will continue until domestic air traffic stabilizes for a quarter and jet fuel (ATF) prices fall from their current stratospheric levels. Union Aviation Minister Jyotiraditya Scindia said on Wednesday those caps – the last remaining

The rupee was up against the US dollar in early morning trade on Wednesday after hitting a record low on Monday. The rupee appreciated against the US dollar HIGHLIGHTS On Tuesday, the rupee gained 10 paise to close at 77.34