It might not have been the first to have a touchscreen but it was Tesla’s Model S, with its minimalist cabin built around a huge full-colour display, that set the trend. For years almost every new car sold has come with a high-tech, futuristic screen, which controls everything from the air conditioning and satnav to…
Bengaluru: US President Donald Trump signed an executive order on Friday that requires companies to pay $100,000 annually, for every foreign worker brought under the H-1B visa, up from about $1,000 at present – a 9,900% increase This could increase the visa fees to about 10% of the profits of India’s five largest recipients of…
Bank Holiday Today: All public and private banks across India will be open on Saturday, September 20, as it is the third Saturday of the month and there is no bank holiday on this day. What are the usual bank holidays in India? According to the Reserve Bank of India bank holiday calendar (RBI), banks…
MUMBAI : Trade and settlement platform Clearing Corporation of India (CCIL) should explore putting in place necessary infrastructure to facilitate trading and settlement of currency pairs beyond just USD/INR, given the broader objective of internalisation of the rupee, Reserve Bank of India Governor Sanjay Malhotra said today. Speaking at an event to mark the 25th…
NEW DELHI: The central government is expanding a key agricultural mechanization scheme to specifically target small and marginal women farmers in India’s hilly regions, offering subsidies on lightweight, ergonomic tools to boost productivity and reduce the physical burden of farm work. The move comes as the government aims to address a long-standing issue in states…
India’s advertising industry’s self-regulator plans to educate children about dark patterns or strategies used by online retailers to trick users into making unwanted purchases. “Kids are a good focus area for us over the next few months, and we have just started a pilot to look at building advertising literacy for school kids,” Manisha Kapoor,…
New Delhi: The government will fast-track Bureau of Indian Standards (BIS) approvals for Taiwanese integrated steel plants, enabling MSME importers to secure raw material under a quality control order (QCO) issued in June this year, two people aware of the matter said on the condition of anonymity. The steel ministry is working on securing these…
New Delhi: Oil India has recovered over 91% of its $1 billion investment in Russia’s Vankorneft and Taas Yuryakh projects, receiving about $942 million in dividends, and expects full recovery in the coming financial year, its chairman and managing director (CMD) Ranjit Rath said. Talking to reporters after the company’s annual general meeting on Thursday,…
Monster budgets, towering stars, breath-taking action—Bollywood crafted a formula for sure-fire success in the days since the pandemic, churning out a series of blockbusters. However, viewer fatigue appears to be setting in, casting a cloud over similar movies in the pipeline, and raising an uncomfortable question: Is it time to move on? Hrithik Roshan and…
The Reserve Bank of India (RBI) recently said it has revoked the licences of 31 non-bank financial companies (NBFCs), including two little-known Kolkata-based firms linked to fugitive liquor baron and Kingfisher Airlines founder Vijay Mallya. These two companies are Kamsco Industries and Pharma Trading Co., which are registered at the same Kolkata address and once…