BUSINESS
Russia's oil output up 2% in 2022 despite sanctions
"I would especially like to talk about the oil and gas sector. Despite the previously mentioned sanctions pressure, oil production in Russia increased by about two per cent in 2022," Putin added on Tuesday. "The volume of production amounted to 535 million tons," he said.
First Global Tourism Summit in April as part of G-20 presidency
Ahead of the roadshow, Tourism Ministry officials from various northern region states, at an event in CII Northern Region Headquarters, emphasised how G20 will be the Centre's main area to establish India as a key tourism destination, during its year-long leadership.
Government cuts windfall tax on domestically produced crude oil, jet fuel
Windfall tax on export of diesel and jet fuel has also been reduced, the order, dated January 16, said. The tax on export of diesel has been brought down to Rs 5 per litre, from Rs 6.5 per litre, while on jet fuel, it has been brought down to Rs 3.5 a litre from Rs 4.5 a litre. The new price regime has come into effect from Tuesday.
iPhone manufacturing in India to reach 50% by 2027
According to estimates by DigiTimes research analysts Luke Lin, India and Vietnam are to become the biggest beneficiaries of smartphone supply chain migration out of China. Lin stated that India accounted for 10-15 per cent of iPhones' overall production capacity at the end of 2022, but the actual output so far has been less than 5 per cent.
How to apply for Sukanya Samriddhi Yojana?
The Sukanya Samriddhi Yojana is a governmental scheme that is aimed at directing the betterment of the women of India. Rather it will be best to concede that Sukanya Samriddhi Yojana is the best scheme designed for addressing the girl child of the nation.
The Benefits and Drawbacks of Sticking with a Car Insurance Company
To help you make a decision on whether to continue your relationship with your insurer or look for other options, we’ve come up with a list of the various advantages and disadvantages that you get to experience by staying with your current car insurance company.
Brand will be 'all-electric' in future, says Harley-Davidson CEO
"At some point in time, Harley Davidson will be all-electric. "But that's a long-term transition that needs to happen. It's not something you do overnight," Zeitz was quoted as saying. According to Zeitz, electrification is the next logical step in the evolution of the brand that was founded 120 years ago, reports Dezeen.
Global chip revenue reaches $602 bn last year: Report
According to Gartner, the combined revenue of the top 25 semiconductor vendors increased by 2.8 per cent in 2022 and accounted for 77.5 per cent of the market."2022 began with many semiconductor devices in shortage resulting in extended lead times and increasing pricing which led to reduced electronic equipment
Marketing losses of India's oil PSUs to ease: Moody's
In a report, Moody's said the marketing losses for Indian Oil Corporation Ltd (IOCL), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) will go down. "Still, overall earnings for fiscal 2023 ending on 31 March 2023 will be weak because of marketing losses
Goldman Sachs lays off 3,000 staff after calling them for '7.30 a.m. business meetings'
The New York Post reported that Goldman Sachs' CEO David Solomon "e-mailed calendar invites that called targeted employees to phony 'business meetings' at its New York headquarters" last week. Once the employees arrived at the conference room -- some as early as 7.30 a.m. -- they were told by their managers that they were being fired.
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