Gold jewellery demand nearly doubles in 2021
Gold jewellery demand in India grew 93% to a six-year high of 611 tonne in 2021 from 316 tonne in 2020. As increase in number of weddings, higher savings and pent-up demand boosted the jewellery market, many retailers reported record sales volume in the previous year.
Air India takes off on long haul to revival
Air India flights started operating under the Tata banner from Friday after nearly seven decades. Getting the most suitable buyer means the debt-laden airline has avoided a shutdown like Kingfisher or Jet Airways. But what does it mean for passengers?
After Jio deal, Google to invest $1 billion in Airtel now
Sunil Mittal’s Airtel secured a $1 billion ‘strategic funding’ from Google as the American tech giant widened its investment spread in India beyond the $4.5 billion (Rs 33,737 crore) deal it had signed up with Mukesh Ambani’s Reliance Jio in July 2020.
Govt plans over $40 billion for food, fertiliser subsidy for 2022-23
The government is likely to set aside about Rs 3 lakh crore ($40 billion) on food and fertiliser subsidies in its budget next week for 2022-23, officials said, roughly the same amount the government budgeted for this fiscal year ending in March.
White House calling liquid natural gas suppliers for help in case Russia cuts off Europe
The Biden administration has been calling liquid natural gas suppliers both foreign and domestic seeking assistance in the instance that Russia cuts off supply of the critical energy source amid its aggression toward Ukraine
New York’s controversial DA Bragg may be ‘rethinking’ his policies
Business leaders in New York tell Fox Business News that they have scheduled a meeting next week with embattled Manhattan District Attorney Alvin Bragg. Bragg has come under fire for a memo he wrote upon taking office, in which he described prosecutorial priorities that many see as soft on crime.
As cyberattack threats rise, expert reveals 'nightmare scenario'
Concerns have mounted in recent weeks that the U.S. could fall victim to a targeted cyberattack, particularly in the face of Russian aggression in Eastern Europe. But a top cybersecurity expert said it is not the attack he fears, but rather the reaction of the American populous.