Business briefs: Govt steadfast in easing regulatory burdens, says Sitharaman

New Delhi: Finance Minister Nirmala Sitharaman on Tuesday said the government remained steadfast in reducing regulatory burdens, besides enhancing trust-based governance and taking steps to make India a “seamless, export-friendly” economy. She said a robust manufacturing sector free from unnecessary regulatory bottlenecks would further attract both domestic and foreign investments. PTI

Gold glitters, reclaims Rs 89K-mark amid tariff war

Ludhiana: Gold on Tuesday reclaimed the Rs 89,000-mark by rallying Rs 1,100 in the national capital on increased buying by jewellers and stockists and strong global trends as tariff war worries boosts safe haven demand. TNS

Bajaj unveils GoGo electric auto-rickshaw range

Ludhiana: Bajaj Auto Ltd. has announced the launch of Bajaj GoGo: the all-new brand of electric autos. The new product would be available in three variants — P5009, P5012, and P7012. “In the variant nomenclature, ‘P’ stands for passenger, ‘50’ and ‘70’ are size indicators, while ‘09’ and ‘12’ denote the battery capacity of 9 kWh and 12 kWh, respectively,” a release stated. TNS

Jio, tech giants to create Open Telecom AI Platform

New Delhi: Jio Platforms has teamed up with technology companies AMD, Cisco and Nokia to build an Open Telecom AI Platform that is expected to enhance network security and efficiency while reducing technology costs . PTI