Business

The Indian Regional Navigation Satellite System, known as Navic, is the country's navigation satellite built to provide accurate position information service to users in India as well as the region extending up to 1,500 kilometre from its boundary.

HSBC Holdings Plc is considering a complete exit from retail banking in the United States after narrowing the options for how to improve performance at its struggling North America business, the Financial Times reported on Saturday.

Stocks across the globe rose on Friday and remained on track for their strongest monthly performance on record as recent vaccine progress, Joe Biden's U.S. presidential election win and a weaker dollar continue to entice risktaking.

The U.S. government's road safety agency is investigating complaints that suspensions can fail on nearly 115,000 Tesla electric vehicles.

Huawei founder Ren Zhengfei called on employees of its departing Honor subbrand to strive to surpass its parent in a farewell speech as the tech giant sells the budget brand to keep its sanctionhobbled supply chains alive.

Spain is planning a new effort to encourage workers to retire later as part of moves to cancel out its social security deficit within two years, after the government concluded that an earlier pension reform has had little impact so far.

Global aviation heavyweights led by airline body IATA are pushing to suspend airport slot access rules until October 2021, a document seen by Reuters showed, while giving some ground to budget carriers angered by measures they deem anticompetitive.

Emerging markets have moved past a phase of capital outflows, and recent strong inflows are projected to continue through the yearend, the Institute of International Finance said on Thursday.

The United States is having a Thanksgiving holiday like no other.

French and German consumer confidence plunged in November as new coronavirus restrictions crushed any prospect of a quick return to normal in the euro zone's two biggest economies, data published on Thursday showed.

Singapore's industrial output in October unexpectedly declined 0.9% onyear, missing economists' forecasts, with biomedical and electronics manufacturing cooling from the pace marked in the previous month, official data showed on Thursday.

In the previous session, Sensex slumped 694.92 points or 1.56 per cent to finish at 43,828.10. The index touched a lifetime high of 44,825.37 in the opening session. Nifty too touched a record intra-day peak of 13,145.85, before ending 196.75 points or 1....

Gold prices rose on Thursday as grim U.S. jobs data and worries over surging COVID19 cases worldwide cast doubts over a quick economic recovery and bolstered the metal's safehaven appeal.

Benchmark U.S. crude oil for January delivery rose 80 cents to $45.71 a barrel Wednesday. Brent crude oil for January delivery rose 75 cents to $48.61 a barrel.

Britain will borrow almost 400 billion pounds ($533.60 billion) in the current financial year to pay for the massive coronavirus hit to its economy, finance minister Rishi Sunak said on Wednesday.

As Presidentelect Joe Biden builds his economic team in the coming days, some influential lawmakers are urging him to choose Katherine Tai, the Democratic trade counsel on the House of Representatives' Ways and Means Committee, as U.S. trade representativ...