Business News

US productivity growth slows to 2.2 per cent rate in Q3

US productivity growth slows to 2.2 per cent rate in Q3

WASHINGTON: US grew at an annual of 2.2 per cent in the third quarter. It marks a slowdown from the previous quarter but is still better than the weak gains seen for most of this nine-year expansion. Labour costs accelerated but still remained at a low level. The Labour says […]

Startups Are Transforming Jobs and Economic Paradigm

Startups Are Transforming Jobs and Economic Paradigm

Just 20 to 30 years ago you would have been considered either very brave, or very foolish to start your own business. The economic world was a different place, the internet was barely a thing and certainly not the global phenomena it is today. In the modern, digital world it is much […]

Mahindra Logistics Q2 net up 38% to Rs 19.1cr

Mahindra Logistics Q2 net up 38% to Rs 19.1cr

MUMBAI: Logistics on Thursday posted a 38.2 per cent rise in September quarter net to Rs 19.1 crore on margin expansion. The ‘s logistics arm had posted a net profit of Rs 13.8 crore in the year-ago period. Its overall revenues grew by 10.9 per cent to Rs 927.4 crore […]

“As a businessman you always have to find a way around”

“As a businessman you always have to find a way around”

The business itinerary of Rubén Cherñajovsky is very particular. In 1987 he installed his first plant in Tierra del Fuego to position himself today as the largest group of household appliances in the country, owner of a portfolio of emblematic brands, such as Noblex, Siam, Atma, Sanyo and Philco. “There […]

Indian gold demand rises 10 per cent in Sep quater; festive outlook muted

Indian gold demand rises 10 per cent in Sep quater; festive outlook muted

MUMBAI: Indian gold demand during the September quarter registered a 10 per cent rise to 183.2 tonne from a year earlier, as prices fell significantly resulting in bargain buying, the (WGC) said in a report Thursday. Going forward, however, the seasonal spike in gold demand could be moderate this Dhanteras-Diwali, […]

Eric Lefkofsky’s Tempus Recently Gained Unicorn Status

Eric Lefkofsky’s Tempus Recently Gained Unicorn Status

The worldwide stock market is essentially a way for businesses to gather money for investments. Public companies list their shares on such stock markets, effectively opening their doors of investment to anybody with money across planet Earth. However, getting a company’s shares listed on stock exchanges costs lots of money paid to […]

Honda Operating Profit for Third Quarter Slides on Recalls

Honda Operating Profit for Third Quarter Slides on Recalls

Honda Motor Co posted an operating profit for the third quarter that dropped 22%, which was more than had been expected due to an increase in costs for the massive recall of vehicles worldwide due to air bag problems.

October record: 16% increase in the number of passengers who flew in the country

October record: 16% increase in the number of passengers who flew in the country

Almost 1.34 million people flew in October by plane within our country, 16% more against the 1.15 million a year earlier and a record figure for the month, the Ministry of Transport reported. The cumulative of the first ten months of the year, with 11.67 million passengers, shows an interannual […]