Economy and Finance

Karnataka HC dismisses petitions against probing Amazon, Flipkart: Here are the allegations against e-commerce giants

Karnataka High Court quashed petitions filed by Amazon and Flipkart against an order by competition regulator over unfair trade practices.

India’s merchandise exports witnessed an increase of 67.38% in May, trade deficit narrows to an eight-month low

India’s merchandise exports in May 2021 was USD 32.21 billion, an increase of 67.39% over May 2020 exports of USD 19.24 billion

‘Will they give livelihood 100 million farmers’: Amul MD responds to PETA India for asking them to use ‘vegan milk’ after losing a case...

Amul MD R S Sodhi questioned if PETA India will give livelihood to 100 million dairy farmers, 70% of whom are landless

Dogecoin: All you need to know about the cryptocurrency based on a meme

On crypto data tracker CoinGecko.com, Dogecoin jumped more than 800% over the last month and is now the fourth-largest digital currency, with a market capitalization of $73 billion.

RBI drafts a COVID fight plan, including term liquidity facility and support to small firms and borrowers amid second coronavirus outbreak

RBI governor Shaktikanta Das today announced a slew of measures to ameliorate the strain on economy due to the resurgent COVID-19 outbreak

Union Government announces ₹15,000 crore interest-free 50 year loan for states to spend on capital projects

Union Govt to provide an additional amount upto Rs 15,000 crore to states as interest-free 50-year loans for capital projects

Paranoid China wants to tame Elon Musk, will it succeed? All you need to know about the brewing war between China and Tesla

Elon Musk headed Tesla has been facing a pressure campaign in China with Chinese Communist state-backed media and regulators

Bombay Oxygen Investment’s stock prices soar amidst rising demand for oxygen during Covid crisis, except it doesn’t manufacture the gas

Investors had invested their money in Bombay Oxygen Corporation Ltd thinking it is into the production of oxygen, but the company is listed as an NBFC on Bombay Stock Exchange.

China: Communist regime pressurises Ant Group to ditch its founder Jack Ma and divest his stake in the company

According to a Reuters report, Chinese govt has directed Alibaba's affiliate Ant Group to take away control from founder Jack Ma

Adani announces deal with Flipkart for new data centre and logistics facility, ‘Ambani-Adani’ social media warriors now want to boycott Flipkart

Adani Group's chairman Gautam Adani announced on Twitter that in the two-prog partnership, AdaniConneX will build Flipkart's new Tier 4 data centre and Adani Logistics, India's leader in logistics, will build Flipkart's 534,000 sqft fulfilment centre.

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