Rupee to remain under pressure, may test new levels

Indian rupee, which earlier this week touched an all-time low, is likely to remain under pressure and may test new levels as a fallout of the US Federal Reserve indicating more interest rate hikes,......

Ukraine war impact: Steel producers feel a new pinch in India

Russia’s war on Ukraine has sent steel prices soaring to its highest levels in the domestic market since November 2021. But there is little cheer in the industry. Photograph: Reuters......

India to have 1 billion smartphone users by 2026: Deloitte

India will have 1 billion smartphone users by 2026 with rural areas driving the sale of internet-enabled phones, a Deloitte study said on Tuesday. Photograph: Hitesh Harisinghani/Rediff.com India......

Reliance buys New York's premium luxury hotel Mandarin Oriental for $98.15 mn

Mandarin Oriental New York, the premium luxury hotel a subsidiary of Reliance Industries is acquiring, is known for its much-in-demand ballroom, five-star spa and eating and drinking venues,......