Oil prices remain above $100 per barrel Oil prices climbed back above the $100-a-barrel mark as tensions in the Middle East continued to intensify, keeping markets on edge. Brent crude rose 0.51% to $100.80 a barrel, while US West Texas Intermediate (WTI) gained 0.43% to $92.77, on Tuesday.The rise, however, was limited as traders weighed…
India-New Zealand trade deal to come into force on Dussehra (representative image) NEW DELHI: The India-New Zealand free trade agreement (FTA) will come into force on Oct 20 (Dusshera), providing duty-free access to 100% of India’s exports, commerce and industry minister Piyush Goyal announced Monday. And, talks with Canada for a comprehensive economic partnership agreement…
MUMBAI: The Rs 22,568-crore NSE IPO was subscribed 5.7 times the bidding amount, generating a total demand worth nearly Rs 90,200 crore. While the institutional part was subscribed 12.7 times, the HNI part was subscribed 6.6 times and the retail part 1.4 times, data on BSE showed. The part reserved for employees was subscribed 2.4…
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…
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/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…
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…
JP Morgan chairman & CEO Jamie Dimon MUMBAI: JP Morgan is the world’s most valuable bank, and its chairman and CEO Jamie Dimon is the longest serving chief of a large global bank. In an interview with TOI, Dimon speaks of what it takes to run America’s largest bank and his definition of success.You completed…
Bill Goldberg, PC: Wikipedia WWE Hall of Famer and former NFL player Bill Goldberg listed his Eagle Mountain Estate in Bonsall, California, for $3.2 million in November 2019, after spending two decades expanding the property around the home he bought in 1999. Goldberg paid about $1 million for the original estate, which covered roughly 17.5…
