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Domestic air traffic may be back to full pre-COVID-19 level by summer: Hardeep Puri

Stating that civil aviation is the critical driver of economic growth, he said that between 2013-14 and 2019-20, the country#39;s domestic traffic growth has been 14 per cent.

Private hospitals can charge up to Rs 250 per dose of COVID-19 vaccine: Govt

The vaccine doses would be administered free of cost at the government-run Covid vaccination centres.

Stock gains power Warren Buffett#39;s Berkshire Hathaway to higher profit

Fourth-quarter operating income rose to $5.02 billion, or approximately $3,252 per Class A share, from $4.42 billion, a year earlier.

Warren Buffett sends annual letter to Berkshire Hathaway shareholders: Here is the full text

Charlie Munger and I want our conglomerate to own all or part of a diverse group of businesses with good economic characteristics and good managers, said Warren Buffett in his letter to shareholders. Read the full text here.

Warren Buffett again encourages investors to bet on America

Buffett hardly even addressed the coronavirus that ravaged many businesses last year, instead focusing on the long-term prospects for the railroad, utility and insurance businesses and stocks that Berkshire Hathaway owns.

About 13 lakh MSMEs in Uttar Pradesh get Rs 42,700 crore loan in FY21

About 41.16 per cent of bank accounts have been covered under the Pradhan Mantri Suraksha Bima Yojana (PMSBY) against the total Jan Dhan accounts in UP.

This week in Auto: 7-seater SUVs catch people’s fancy; GM India warns workers; Osamu Suzuki announces retirement and more

Here is a complete wrap of all the top stories of the week

JLR to write off 1.5 billion pounds in March quarter as part of restructuring

Ardian Mardell, Chief Financial Officer, JLR, said in a presentation to investors that the restructuring exercise was a part of its #39;Reimagine#39; strategy.

SC notice to Centre on appeal against UltraTech Cement#39;s limestone mining project in Gujarat

A bench comprising Justices D Y Chandrachud and M R Shah issued notices to the Ministry of Environment and Forests, Gujarat Pollution Control Board, UltraTech Cement, Uncha Kotda Gram Panchayat and others.

Maruti Suzuki crosses 20 lakh cumulative exports mark

The auto major achieved the milestone as a batch of products comprising S-Presso, Swift and Vitara Brezza left for South Africa from the Mundra Port in Gujarat.

Narendra Modi at The India Toy Fair 2021: Use things that can be recycled, PM appeals to toymakers

Prime Minister Narendra Modi said that the way #39;reuse#39; and #39;recycling#39; had been a part of the Indian lifestyle, it was also seen in India’s toy-making.

Around 11 lakh people will lose jobs if Future-Reliance deal falls through: FMCG distributors, traders

Amazon and Future Group are locked in a legal dispute over the sale of the Indian company’s retail, logistics and warehousing assets to Reliance Retail Ventures.

Insurance policy request or claim rejected? Blame the bot

Artificial intelligence bots are now slowly starting to take decisions on whether your insurance claim should be paid or whether you should be allowed to buy a new policy. From your driving habits to fitness behaviour, everything has started being tracked.

1MDB scandal: Malaysian bank AmBank to pay $699 million as settlement

The payment by AMMB Holdings Bhd is for «all outstanding claims and actions in relation to the AmBank Group#39;s involvement in the 1MDB matter,» Malaysia#39;s finance ministry said.

SBI savings account: How to change, update email ID online

So, if you have recently changed your email ID then get it updated with your bank. This will help you to keep a tab on all your transactions.

Kerala Lottery Result: #39;Karunya KR-488#39; lottery winners to be announced today at 3 pm

Kerala Lottery Result: The first prize winner of the Kerala state lottery #39;Karunya KR-488#39; will take home Rs 80 lakh.

Lottery Sambad Result February 27: #39;Dear Bangasree Damodar#39; lottery winners to be announced at 4 pm

Lottery Sambad Result: The first prize winner of the #39;Dear Bangasree Damodar#39; lottery will take home Rs 50 lakh.

In Pics | All-new Mercedes-Benz C-Class interior, features and other images

There’s no word on when the C-Class will arrive in India, but expect it sometime next year, given Mercedes-Benz India’s tendency to stay ahead of the curve at all times. This is a luxury-oriented sedan, but there will be the option of rear-wheel ste

Coronavirus News Live Updates: Odisha makes 7-day home isolation mandatory for travellers from Maharashtra, 11 other states

Coronavirus News Live Updates: Today is the 339th day since India implemented a nationwide lockdown to help curb the novel coronavirus pandemic.

Vedanta Resources raises $1.2 billion ahead of open offer for Indian listed unit

Vedanta Resources Finance II Plc, a subsidiary of London-based Vedanta Resources, had gone to the market for raising USD 1 billion.

IOC to invest Rs 32,496 crore to expand Panipat refinery capacity

Panipat refinery currently has a capacity to turn 15 million tonnes per annum of crude oil into value-added fuels such as petrol, diesel, and ATF.

India tablet PC market returns to growth, logs 14.7% growth in 2020: IDC

Consumer shipments reported an «exceptional» 59.8 per cent growth over 2019.

DLF plans to raise up to Rs 395 crore via issue of debentures

The company, which is the largest real estate developer in market capitalisation, is constructing many housing and commercial projects across the country.

India tab market returns to growth, logs 14.7% growth in 2020: IDC

Consumer shipments reported an «exceptional» 59.8 per cent growth over 2019.

Containing COVID-19, Volkswagen expects strong rebound in 2021

Deliveries and sales, which were both hit in 2020 as carmakers were forced to idle production while demand briefly fell, are seen up significantly this year. In 2020, sales fell 11.8% to 222.9 billion euros, while deliveries dropped 15.2%.

LVMH-backed fund buys majority stake in Birkenstock

The family-owned German company did not disclose financial details of a deal it said would help it to grow in China and India as well as expand its online business.

Market crash wipes off Rs 5.3 lakh crore of investor wealth

At the close of trade, the total market capitalisation of BSE-listed companies eroded by Rs 5,37,375.94 crore to Rs 2,00,81,095.73 crore.

Huge potential of private investment in 400 maritime projects worth Rs 2.24 lakh crore: Govt

Prime Minister Narendra Modi is scheduled to inaugurate Maritime India Summit 2021 (MIS 2021) on March 2, which will be held virtually and is likely to be participated by 24 nations.

Budget announcement on tax incentives to give traction to IFSC: FM Nirmala Sitharaman

Speaking at the India Aircraft Leasing Summit, Nirmala Sitharaman said the government has rapidly built on the International Financial Services Centre (IFSC) owing to its cost-effective feature.

Bharat Biotech strikes deal with Brazil to supply 20 million doses of Covaxin

The deal would be a shot in the arm for Bharat Biotech, which is looking for markets beyond India to sell its vaccine.

Indian Oil plans $4.5 billion Panipat refinery expansion by September 2024

India, the world#39;s third biggest oil importer and consumer, aims to expand its 5 million bpd refining capacity by 60 percent to meet rising local demand as Prime Minister Narendra Modi seeks to boost the manufacturing sector.

Eight core industries#39; output up 0.1% in January

The core sectors had expanded by 2.2 percent in January 2020, according to the provisional data released by the Commerce and Industry Ministry on Friday.

Is the latest spike of COVID-19 cases in India linked to new variants? How serious are these variants and are we tracking them?

Two new mutant variants of the SAR-CoV-2 virus N440K and E484Q have been detected in Maharashtra and some other states. The government has earlier clarified that current upsurge of COVID-19 cases in Maharashtra cannot be attributed to these two strains.

Sony to unlock PlayStation 5 for internal storage upgrades in summer

Sony is also working to enable support for additional drives with a firmware update which would help unlock higher cooling-fan speeds, ensuring the console doesn’t overheat.

India Toy Fair 2021 begins virtually to promote ‘Vocal for Local’

India Toy Fair 2021: Multinational toy retailer Hamleys is the fair#39;s title sponsor and set up its virtual booth on the platform.

SpiceJet, HAL among six companies to set up aircraft leasing units in GIFT City

This follows the government announcing tax breaks for leasing companies in the Union Budget

COVID-19 claim settlements have been swift after our intervention, says IRDAI chairman

There were a number of complaints by health insurance customers in 2020 about the delay in claim payments and also about the dropping of many components from settlement in the final hospital bill.

Budget provided clear roadmap to expand private sector participation: PM Narendra Modi

“The government#39;s vision of the country#39;s financial sector is very clear – with place for ifs and buts. Our top priority is to ensure that depositors and investors experience trust and transparency. The old ways and old systems of banking and

Exclusive | We’ll have a double-digit market share in FY22, says Shailesh Chandra, Tata Motors’ passenger vehicles czar

Tata Motors, once a laggard in the auto industry when it came to car sales within India, is suddenly firing on all cylinders. In just ten months, and with just five models, it has managed to script a surge in turnover, with Nexon sales doubling to 8,200 unit
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