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Basis

General Motors is handling production issues on a ‘weekly basis,’ CEO Mary Barra says

General Motors is still dealing with production snags that will last into next year, CEO Mary Barra told CNBC's Jim Cramer on Thursday."It's gotten better this year than last year, but really this will go into '23. … It's going to take additional capacity," Barra said in an interview on "Mad Money." "But right now, it's we solve issues and new issues pop up, and we're just dealing with it on a weekly basis," she added.The auto manufacturer said in a filing earlier this month that supply chain issues will put pressure on…

Derby’s Take: Some Banks See a Need for a 75 Basis Point Rate Increase

While many banks think the Federal Reserve will hold off from a truly supersize rate rise on Wednesday, fearful of what such an unexpected action could do to markets and the broader economy, some believe the central bank may need to surprise with an aggressive move in the wake of bad inflation news. Investment banks Jefferies, Barclays , Goldman Sachs and J.P. Morgan told clients in research notes over recent days they now believe the Fed will boost the federal-funds target rate range, now…

‘On a Global Basis, Startups are Now Inclined Towards Venture Debts’ Says Ankur Bansal

In our latest podcast series, Satavisa Pati, Content Analyst at Analytics Insight, talks to Ankur Bansal, Co-Founder of BlackSoil. During the conversation, he takes us through the latest trends of venture debts for the growth of startups. He also provides insights into the investment outlook of the tech sector. Analytics Insight · ‘On a Global Basis, Startups are Now Inclined Towards Venture Debts’ Says Ankur BansalThe post ‘On a Global Basis, Startups are Now Inclined Towards Venture…

TN to Install ANPR Cameras at Vellore Border on Trial Basis to Detect Traffic Offenders

Image for representation. (Credits: Twitter)Vellore district police have installed Automatic Number Plate Recognition (ANPR) cameras at border check posts to auto-detect traffic offenders.IANS Last Updated:April 28, 2022, 09:22 ISTFOLLOW US ON:Vellore district police have installed Automatic Number Plate Recognition (ANPR) cameras at border check posts to auto-detect traffic offenders.These cameras will capture the photograph of the number plates of vehicles and analyse data that is already fed into the system. The ANPR…

Jio Emergency Data Loan Facility Launched, Offers Up to 5GB of High-Speed Internet Access on Pay-Later Basis

Jio users now have the facility to get instant high-speed data on loan and pay for it later. Called Emergency Data Loan, the latest offering by the Mumbai-based telecom operator is aimed to allow its prepaid subscribers to get up to five data loan packs of 1GB each — 5GB in total. The subscribers will be able to pay for the added data at a later stage. The new facility will help users who have exhausted their existing data allocation and are not able to purchase a data top-up for their accounts.Each emergency data loan…