Apple begins iPhone XR production in India

New Delhi: In a big impetus for its India manufacturing dream, Apple has started production of its highly successful iPhone XR in the country. The iPhone XR demand further saw an uplift after the price drop and aided by heavy promotional activities Multiple sources confirmed on Monday that the production of iPhone XR, that was launched last year but More...

by Agencies | Published 11 hours ago
By Agencies On Monday, October 21st, 2019
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Indo-US energy trade to touch $10 billion in FY20: Pradhan

New Delhi: India’s energy trade with the US is likely to touch $10 billion in financial year 2019-20, with the country having increased its import of crude oil, LNG and coking coal, said Union Petroleum Minister More...

By Agencies On Saturday, October 19th, 2019
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Second N-plant at TN’s Kudankulam stops operation

Chennai: The second 1,000 MW nuclear power unit at Kudankulam, owned by the Nuclear Power Corporation of India Ltd (NPCIL) stopped power generation on Saturday, said Power System Operation Corporation Ltd (POSOCO). The More...

By Agencies On Thursday, October 17th, 2019
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NALCO faces ‘acute’ shortage of coal, scrips down 4%

Mumbai: National Aluminium Company Limited (NALCO) on the NSE fell over 4 per cent after the company informed the exchanges of acute shortage of coal to run operations. NALCO’s requirement of coal for its More...

By Indileak Web Desk On Tuesday, October 15th, 2019
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Nokia partners with Wipro to develop 5G ecosystem in India

New Delhi: Finnish telecommunications equipment maker Nokia on Tuesday announced partnering with IT major Wipro to jointly develop 5G use cases at its Bengaluru R&D centre in order to help operators maximise More...

By Agencies On Tuesday, October 15th, 2019
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Indian economy in ‘tailspin’ warns Nobel laureate Banerjee

New York: The newly-minted economics Nobel laureate Abhijit Banerjee has warned that the Indian economy is going into “a tailspin” and his prescription is for the government to focus to increasing demand More...

By Indileak Web Desk On Thursday, October 10th, 2019
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Air India launches flights on Amritsar-Stansted route

Chandigarh: National carrier Air India will launch flights on the Mumbai-Amritsar-Stansted route thrice a week from October 31 to mark the 550th birth anniversary of Guru Nanak Dev, an official said on Thursday. The More...

By Indileak Web Desk On Thursday, October 10th, 2019
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Farmers prefer DBT route for fertiliser subsidy: Study

New Delhi: The first study commisioned by the NITI Aayog on Direct Benefit Transfer in Fertiliser (DBT-F) programme has found that farmers prefer the new system because it has improved the availability of fertilisers More...

By IANS On Thursday, October 10th, 2019
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RBI rejects India Bulls-Lakshmi Vilas Bank amalgamation (Lead)

Mumbai/Chennai: The Reserve Bank of India on Wednesday rejected the merger of Lakshmi Vilas Bank and India Bulls Housing Finance Ltd, months after the bank had sought its approval on May 7. The Lakshmi Vilas Bank More...

By Agencies On Wednesday, October 9th, 2019
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IMF warns of economic slowdown in 90 per cent of world

Washington: The new managing director of the International Monetary Fund (IMF) Kristalina Georgieva warned of an economic slowdown in 2019 in 90 per cent of the world during her first speech at the helm of the multilateral More...