Fresh spell of rain in Delhi, IMD forecasts light showers for Sunday

There was a fresh spell of rain in the national capital on Saturday morning with the maximum temperature settling at 33.5 degrees Celsius, a notch below the season’s average, the India Meteorological Department said. The minimum temperature settled at 25.2 degrees Celsius, two notches below the season’s average, the IMD added. The… Continue reading Fresh spell of rain in Delhi, IMD forecasts light showers for Sunday

Uber forecasts quarterly operating profit above estimates on ride demand

Uber Technologies on Tuesday forecast third-quarter operating profit above Wall Street expectations as it sees growing demand for ride hailing due to strong leisure travel trends and gradual return to in-office work.   The San Francisco-based company’s shares rose over 4% in trading before the bell. The stock has doubled so far this… Continue reading Uber forecasts quarterly operating profit above estimates on ride demand