Business
Airtel launches 4G in Kargil, Leh, Dras in Ladakh region Airtel launches 4G in Kargil, Leh, Dras in Ladakh region


New Delhi, Bharti Airtel on Tuesday launched 4G services in the Ladakh region of Jammu and Kashmir, a company statement said here.

The statement said customers in 130 towns and villages, including Kargil, Leh, and Dras will now get connected with 4G.

India ranks 109 in mobile internet speed: Ookla India ranks 109 in mobile internet speed: Ookla



New Delhi,  India is ranked 109th in the mobile internet speed and 76th for fixed broadband speed globally, which is a 15 per cent increase, according to data from Ooklas November Speedtest Global Index.

"At the start of 2017, the average mobile download speed in India was 7.65 Mbps. Heading into the end of the year, average mobile download speed is 8.80 Mbps as of November. That's a 15 per cent increase," a statement said here on Monday.

Bitcoin surges above $14,000 to new high Bitcoin surges above $14,000 to new high



London,  Bitcoin crossed $14,000 on Thursday, surging $2,000 in less than 24 hours, a new record high for the cryptocurrency.

Bitcoin began the year below $1,000 but continues its sharp rise despite warnings of a dangerous bubble, reports the BBC.

Online retail giant Amazon enters Australian market Online retail giant Amazon enters Australian market



Canberra,  Online US retail giant Amazon has officially launched operations in Australia on Tuesday, with the brand looking to make an impact in the lead up to the busy Christmas period.

Their 24,000-square-meter warehouse in the outskirts of Melbourne will offer 23 consumer categories ranging from books, electronics, clothing, home improvement, kitchen goods, health and beauty and baby products, reports Xinhua news agency

US dollar declines amid political uncertainties US dollar declines amid political uncertainties



New York, The US dollar fell against most other major currencies after former National Security Adviser Michael Flynn pleaded guilty to lying to the Federal Bureau of Investigation (FBI) regarding his contacts with Russia.

"My guilty plea and agreement to cooperate with the special counsel's office reflect a decision I made in the best interests of my family and of our country. I will accept full responsibility for my actions," Flynn told a court in 

India will become $5 trillion economy before 2024: Mukesh Ambani India will become $5 trillion economy before 2024: Mukesh Ambani



New Delhi, Reliance Industries Ltd Chairman Mukesh Ambani on Friday said India will become a $5 trillion economy well before 2024.

"Thirteen years ago, when I spoke here, India was a $500 billion economy. And I said in 2004 that India would be an $5 trillion economy in 20 years. Today that

Bitcoin value hits record high Bitcoin value hits record high


London, Bitcoin, the virtual currency on Monday hit record high as it rocketed above $9,000 for the first time and was trading above $9,500 in Asia.

Stock markets around the world have been on a tear this year, but their gains are paltry compared with bitcoin's, reports CNN.

Oil prices rise ahead of OPEC meeting Oil prices rise ahead of OPEC meeting



New York,  Oil prices climbed on Tuesday as investors were awaiting the closely-watched OPEC (Organisation of the Petroleum Exporting Countries) meeting next week, a media report said.

OPEC and other key oil producers will meet on November 30 to discuss whether to extend the current price-supporting curbs on crude output, Xinhua news agency reported.

Oil prices jump but post weekly losses Oil prices jump but post weekly losses



New York, Oil prices rebounded on Friday, but posted weekly losses amid concerns about oversupply, a media report said.

Oil prices have slipped from the two-year highs earlier this week as the market worried that rising US crude oil inventories could potentially undermine the Organization of the Petroleum Exporting Countries (OPEC)' efforts to tighten the market., Xinhua news agency reported.

Airtel broadband users can now carry forward unused data Airtel broadband users can now carry forward unused data



New Delhi, In order to facilitate its customers to carry forward unused data, Bharti Airtel on Tuesday introduced a ‘data rollover facility for its home broadband customers.

With this, all unused monthly data will be carried forward and added to the data benefit of the next billing cycle, further enhancing the value proposition for customers, the statement said here.

"With this innovation, our home broadband users no longer have to worry about

Facebook reports $4.7 bn profit, 2.07 bn monthly users in Q3 Facebook reports $4.7 bn profit, 2.07 bn monthly users in Q3


San Francisco, With 1.37 billion daily active users and 2.07 billion monthly active users, Facebook again topped expectations when it reported 79 per cent increase in its quarterly profit and nearly 50 per cent rise in revenues in the third quarter.

With apparently no influence of the ongoing hearing regarding its role in Russia meddling, Facebook late on Wednesday published its financial results for the quarter that ended on September 30, reporting that its profitability hit $4.7 billion mark and earned $10.3 billion in revenue compared to an estimate of $9.84 billion

SBI reduces lending rates on home and vehicle loans SBI reduces lending rates on home and vehicle loans


Mumbai, India's largest lender State Bank of India (SBI) on Thursday announced reduction of interest rates on home and automobile loans by five basis points (bps).

In a statement issued here the bank said, it has reduced home loan interest rates to 8.30 per cent.

Similarly, automobile loan is now offered at a starting interest rate of 8.70 per cent per annum compared to earlier 8.75 per cent.

India jumps 30 ranks to 100th in World Bank's ease of doing business list India jumps 30 ranks to 100th in World Bank's ease of doing business list


New Delhi, India for the first time has moved into the top 100 in the World Banks Ease of Doing Business global rankings from its 130th position last year, riding on sustained government reforms which include making tax paying easier, according to the banks latest report released here on Tuesday.

Tesla to open manufacturing plant in China Tesla to open manufacturing plant in China



San Francisco, Electric car maker Tesla has struck a deal with the Chinese government to establish a manufacturing facility in Shanghai, a media report said.

Jio unveils new Dhan Dhana Dhan tariff plans US dollar declines against other major currencies Gas trading exchange coming up: Pradhan Leopard enters Suzuki's Manesar plant, production hit In four years, Patanjali will be world's largest FMCG brand: Ramdev 3-day India Mobile Congress 2017 to start from Wednesday Reliance Home Finance to list on Friday Jio's entry broke myth that Indians averse to new technology- Mukesh Ambani Bitcoin at record high value, passes $4,000-mark City Union Bank posts Rs 140 crore profit 100 Chinese automobile companies attend 'Make in India' seminars Here comes a cellphone that works without batteries GST impact, global cues to set market trajectory Jio launches new submarine cable system Flipkart teams up with HP, Intel, Microsoft for laptops Google Pixel 2 smartphones codenames revealed Hyundai to recall over 43,700 cars Google Android OS installed on 2 bn active devices McDonald's to collaborate with Uber to deliver food Australian hair care brand enters Indian market Facebook to hire 3,000 more workers to monitor content Recharge Idea 2G, 3G, 4G data for same price Sun Pharma's Mohali plant out of US FDA's Import Alert list Ready for talks with banks to settle- Mallya General Motors India to stop production at Gujarat plant Indian pharma sector faces growth pains Bitcoin: Can RBI ignore the elephant in the room? Allow small shops to open all days: Assocham Reliance Jio crosses 100 mn customer Mukesh Ambani Global warming to hit Indian dairy sector hard