The executive board of the International Monetary Fund (IMF) has approved a proposal for a new general Special Drawing Rights (SDR) allocation of $650 billion, the largest allocation in the organisation's history, to help recovery from the Covid-19 pandemic, IMF Managing Director Kristalina Georgieva said on Friday. ...
South Korean battery maker Samsung SDI is considering investment in the US to meet growing demand for electric vehicles, industry sources said on Friday, stoking speculation over potential partnership with major automakers....
The European Commission (EC) on Thursday fined German carmakers Volkswagen and BMW a total of 875 million euros ($1.036 billion) for colluding to curb the use of emission cleaning technology in diesel cars. ...
The finance ministry came in strong defence of reports suggesting Cairn getting French court nod to takeover Indian assets in Paris to recover part of arbitration award, saying that no such communication has been received by it on the matter....
African nations have been urged to build an inclusive and transformative agricultural sector to boost food security and nutrition amid the Covid-19 pandemic and climate change challenges....
Zomato Ltd will open its Initial Public Offering (IPO) on July 14, and will close it on July 16....
Union Minister of Commerce & Industry, Consumer Affairs and Food & Public Distribution, Piyush Goyal on Thursday took charge of the Ministry of Textiles from Union Minister of Women and Child Development, Smriti Zubin Irani. ...
Flows into global gold ETFs were mostly flat in June, with slight inflows of 2.9 tonne, worth $191 million....
Amazon on Thursday announced that it is all set for its annual Prime Day event in India on July 26 and 27 that will deliver deals and savings across categories, including smartphones, consumer electronics, TVs, appliances, etc. ...
India's overall vehicle retail sales rose in both sequential and on year-on-year basis in June 2021. ...
