Daily Archives

August 7, 2021

What’s Causing That Smell in My Car?

If your vehicle is giving off an unusual or sickening odor instead of that instantly identifiable new-car smell, follow your nose and find the source of the aroma. Bad smells can lead to expensive repairs or health hazards and shouldn’t be ignored.…

Rita Hemrajani set to be next Managing Director of NHDC

New Delhi: Rita Hemrajani is set to be the next Managing Director (MD) of the National Handloom Development Corporation (NHDC), a PSU under the Ministry of Textile. She has been recommended for the post by the panel of Public Enterprises Selection…

Indian Navy’s V Raja Sekhara Rao set to be CMD of NSC Ltd

New Delhi: V Raja Sekhara Rao is set to be the next Chairman & Managing Director (CMD) of National Seeds Corporation (NSC) Limited, a Miniratna PSU under the Ministry of Agriculture and Farmers Welfare. He has been recommended for the post by a…

Gold tumbles Rs 283; silver declines by Rs 661

NEW DELHI: Gold in the national capital on Friday dipped by Rs 283 to Rs 46,570 per 10 gram amid weak international trends, according to HDFC Securities. The precious metal had in the previous trade closed at Rs 46,853 per 10 gram. Silver also…

Digital currency model likely by the end of year: RBI

MUMBAI: The Reserve Bank expects to come out with a model for operations of fiat digital currencies by the end of the year, Deputy Governor T Rabi Sankar said on Friday. He reiterated that the RBI is internally evaluating the possibility of…

Focus on multimodal logistics key to drive growth: Experts

In a conversation with Prabhu Chawla, Editorial Director, The New Indian Express, author and senior journalist Kaveree Bamzai on TNIE’s Expressions — a series of webcast — sector experts such as Randhir Singh Kalsi, Executive Board Member, Maruti…

Huawei revenue sinks as smartphones hurt by US sanctions

BEIJING: Chinese tech giant Huawei's revenue fell 29.4 per cent from a year earlier in the first half of 2021 as smartphones sales tumbled under U.S. sanctions imposed in a fight with Beijing over technology and security. Revenue declined to 320.4…

RBI absorbs inflation heat to support growth

NEW DELHI: If one thing is clear from the August policy review, it is that the Reserve Bank of India (RBI) is now looking to move past its peak dovish stance. On Friday, the six-member Monetary Policy Committee (MPC) of the central bank voted…