BEIJING: Alibaba Group Holding Ltd’s Singles’ Day sales surged past last year’s 91.2 billion yuan ($13.36 billion) total with nearly nine hours left on the clock, but growth was markedly slower than in 2015 as shoppers sought even bigger price cuts. Amid fanfare and celebrity razzmatazz, sales on Alibaba’s platforms ... Read More »
NEW DELHI: With the government extending use of old Rs 500 and Rs 1,000 notes, among other things, to buy airline tickets from airport counters till Monday midnight, airlines have come out with stringent norms to check misuse of this relaxation. India’s largest domestic airline IndiGo, for instance, tweeted: “Tickets ... Read More »
NEW DELHI: Confusion over the facility for exchanging old high-denomination notes, subject to a limit of Rs 4,000, at banks and post offices by providing valid identity cards has led to some people misusing the system to legalise their unaccounted wealth. At present, the exchange facility is a one-time window ... Read More »
NWE YORK: The Dow Jonesindustrial average ended at a record closing high on Friday, capping off its best week since 2011 after Donald Trump’s unexpected victory in the US presidential election. Since his triumph on Tuesday, investors have been betting on Trump’s campaign promises to simplify regulation in the health ... Read More »
Japan and India signed a civilian nuclear accord on Friday, opening the door for Tokyo to supply New Delhi with fuel, equipment and technology for nuclear power production, as India looks to atomic energy to sustain its rapid economic growth. (Narendra Modi in Japan, see pictures here) It was the ... Read More »
The digitisation amongst enterprises leads to increasing adoption of startup technologies. With 50 percent of enterprise-ready startups, banking, retail, and healthcare are the top adopters of the enterprise technology solutions, according to the Ecosystem Report on Enterprise ReadyStartups 2016 released by Microsoft Accelerator. In the wake of digital transformation across ... Read More »
Over the past week, Delhi has remained under the grip of dense smog. This year’s pollution levels are the highest ever measured in two decades. Newspapers reported that much of this pollution originated in the neighbouring states of Punjab and Haryana where farmers burn their fields to dispose crop residue. ... Read More »
Indiabulls Real Estate Ltd ended at Rs 72.2, up by Rs 4.35 or 6.41% from its previous closing of Rs 67.85 on the BSE after the board will meet on November 24, to consider buyback of equity shares. Stock Commentary: The scrip opened at Rs 64.05 and touched a high ... Read More »
Real estate and jewellery continued to reel under selling pressure on Friday, three days after the government demonetised Rs 500 and Rs 1,000 notes in a bid to curb black money circulation in the economy. While the Nifty Realty index tanked nearly 5% in morning deals, stocks of most gems ... Read More »
There is currently a lot of debate happening on how the government’s demonetisation move will impact the real estate sector. The Nifty Realty Index fell almost 12% on Wednesday, purely on sentiment. While the bellwether indices are hinting at dark days ahead, these fears can at best be called unfounded ... Read More »
A suicide bomber has rammed a truck into a German consulate in Afghanistan, killing at least six civilians and wounding 120, officials said. Gunman attacked the building after the blast, in the city of Mazar-e-Sharif, battling with German and Afghan forces. The Taliban said it carried out the attack in ... Read More »
If you missed last week’s 7 days quiz, try it here Picture credits: 1, – PA; 2, 7 – Getty Images; 3 – BBC; 4 – Infineon; 5 – University of Reading; 6 – EPA [Source:-BBC] Read More »
