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Programming work done in India, analysts estimate, is twice as profitable as writing code in the US. On a typical project, 70% or more of the work is done in India. Photo: Hemant Mishra/Mint

Tue, Oct 16 2018. 01 42 PM IST

Infosys built its global machine with Indian workers. But what about ‘Hire Americans’?

Infosys built itself into a global giant by running the digital engine rooms of US corporations with armies of engineers in India. But the new technology center is in the epicenter of the American Midwest

Gross bad loans as a percentage of total loans stood at 3.11 percent at September-end, compared with 3 percent in the previous quarter and 2.39 percent a year earlier. Photo: Mint

Tue, Oct 16 2018. 01 39 PM IST

Federal Bank posts marginal growth in quarterly profit

Net profit was 2.66 billion rupees ($36.08 million) in the quarter ended Sept. 30, compared with 2.64 billion rupees a year earlier

The hike in petrol, diesel prices was for the 11th consecutive day today. Photo: Reuters

Tue, Oct 16 2018. 01 27 PM IST

Diesel price in Delhi touch new record high, reverses fuel price reduction by Centre

As compared with Delhi, both petrol and diesel are cheaper in the neighbouring Gurgaon or Gurugram (by about Rs 1.40 a litre) and Noida (by about Rs 2.5).

Photo: Mint

Tue, Oct 16 2018. 01 08 PM IST

Railways may remove curtains from AC train coaches

Since curtains are washed once in a month, they often get dirty because of misuse

Honor 8X. Photo: Honor India

Tue, Oct 16 2018. 12 56 PM IST

Honor 8X launched at Rs 14,999 with Kirin 710 SoC, AI enabled dual cameras: Price, specifications, offers

The Honor 8X is also available in 6GB RAM/64 ROM and 6GB RAM/128 ROM versions which are priced at Rs 16,999 and Rs 18,999 respectively

Huawei Mate 10. Image only for representative purposes. Photo: Huawei

Tue, Oct 16 2018. 12 36 PM IST

Huawei Mate 20 Pro launch today: Expected price, specifications

Three phones are expected to be launched today at the Huawei event—the Mate 20, Mate 20 Pro and the Mate 20 X

Besides discounts and zero-interest EMIs on mobile phones, Amazon was providing another offer of free 1-year screen protection insurance.

Tue, Oct 16 2018. 12 29 PM IST

OnePlus 6, Redmi 6A top selling smartphones on Amazon

Xiaomi phones on Amazon.in registered 200% growth over last year’s sales while the growth for OnePlus mobile phones was 100%.

India is the world’s third biggest oil consumer and importer. Photo: Bloomberg

Tue, Oct 16 2018. 12 22 PM IST

India oil demand to rise 5.8 million barrels per day by 2040: OPEC

Global oil demand is expected to increase by 14.5 million barrels per day (bpd) from 2017 to 111.7 million bpd in 2040

Spot gold rate was little-changed at $1,226.11 an ounce at 0353 GMT. Photo: Reuters

Tue, Oct 16 2018. 12 13 PM IST

Gold prices near 2-1/2-month high as risk aversion lends support

Global gold prices remain steady near last session’s 2-1/2-month high as risk-averse investors sought refuge in the metal amid rising political tensions and economic uncertainty

Photo: Reuters

Tue, Oct 16 2018. 12 09 PM IST

Donald Trump says U.S. attendance uncertain at Saudi investment meeting

Treasury Secretary Steven Mnuchin, who was scheduled to attend the Riyadh conference, will decide by Friday whether to participate, says

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