BENGALURU: Online shopping is expanding beyond India’s biggest cities, but the value of those purchases remains concentrated in larger markets.Of more than 200 million orders processed in the last 12 months up to July this year, 57.2% originated outside the 96 largest cities, but these orders accounted for only 39.3% of total transaction value. Their…
NEW DELHI: Microsoft’s new India South Central cloud region in Hyderabad is among its largest infrastructure investments in Asia, the company’s India and South Asia president Puneet Chandok said, as it expands capacity for cloud and AI services.The facility is part of Microsoft’s $20.5 billion investment commitment across Asia. Chandok did not disclose how much…
NEW DELHI/MUMBAI: A year after GST rates were cut, automobile dispatches have continued to climb. Several two-wheeler users moved to four-wheelers as price cuts improved affordability, TV buyers have shifted towards larger sets and consumer goods volumes picked up in the Oct-Dec quarter, although they are now under pressure due to the West Asia crisis.Passenger…
Starbucks plans Chennai GCC with 800 new jobs CHENNAI: US-based coffee chain Starbucks will set up a global capability centre (GCC) in Chennai. It will likely create 800 high-value jobs in the first phase.The new centre will add to Chennai’s growing GCC ecosystem, with companies using the city to build technology, business and other global…
NEW DELHI: Govt has with immediate effect dissolved its apex decision-making body for telecom and digital communication – digital communications commission (DCC), which was originally established as telecom commission in 1989, before being renamed in 2018. The communication ministry’s department of telecommunication (DoT) notified this decision through a Sept 19, 2026 resolution that was published…
A man walks past an Indian Rupee symbol installation at the Reserve Bank of India (RBI) headquarters in Mumbai, India, August 5, 2026. The rupee rose 5 paise to 95.82 against the US dollar in early trade on Monday, after closing at 95.87 on Friday, as traders watched oil prices and foreign portfolio flows for…
Court ruled in favour of the tenant and rejected the landlord’s plea seeking her eviction. (Image for representative purpose only) He moved to Canada and rented his Punjab house for Rs 20,000 a month, then sought eviction to use it during India visits; Punjab & Haryana HC rules against landlord, allows tenant to stayA man…
India weighs US tariff threat as Russian oil remains key to energy sourcing (representative image) India is studying the details of proposed US tariffs targeting countries that buy Russian oil, Union commerce and industry minister Piyush Goyal said on Monday, days after the US House of Representatives passed legislation aimed at increasing economic pressure on…
India-New Zealand trade deal to come into force on Dussehra (representative image) The India-New Zealand Free Trade Agreement (FTA) will come into force on October 20, coinciding with Dussehra, commerce and industry minister Piyush Goyal said on Monday, with India securing duty-free access for 100 per cent of its exports to New Zealand.Goyal made the…
File photo: Members of United Forum of Bank Unions (UFBU) hold placards during the nationwide strike for various demands (ANI Photo) The finance ministry on Monday urged bank employees to refrain from resorting to strikes and resolve their remaining demands through dialogue, saying most concerns raised by unions had been substantially addressed.The appeal comes ahead…
