Parliamentary panel seeks note from DoT on allowing telcos to surrender spectrum
A parliamentary committee, headed by BJP MP Nishikant Dubey, has sought a factual note from the Ministry of Communications regarding...
Business
USD 1 million can buy only 99 square meters of prime residential real estate in Mumbai
MUMBAI: According to the latest wealth report by property consulting firm Knight Frank, a buyer with a budget of USD...
Jio Financial Services to buy SBI stake in Jio Payments Bank
Jio Financial Services (JFSL), financial services arm of the Reliance Industry, on Tuesday said it will buy out the State...
Dalal Street resists global stock slump amid Trump’s tariff war, pharma, IT hit hard
Among pharma stocks, Sun Pharma was the top loser with over 2% loss. Gland Pharma and Mankind Pharma dropped over...
Ola Electric to lay off over a thousand employees amid declining sales
MUMBAI: Electric two-wheeler manufacturer Ola Electric is laying off over a thousand employees and contract workers as part of a...
Manufacturing sector growth falls to a 14-month low of 56.3 in February
MUMBAI: The manufacturing sector growth has lost its momentum and has fallen to a 14-month low 56.3 in February, down...
How to make sense of the stock market sell-off
There is a lot of chatter on social media about the fall in the equity markets in India. There are...
Court orders FIR against ex-Sebi boss Madhabi Puri Buch, five others in alleged stock market fraud
The court, after considering the material on record, directed the ACB Worli, Mumbai Region, to register an FIR under relevant...
Municipal bond market has potential to jump tenfold to Rs 30,000 crore by FY34
Civic bodies have primarily financed their capital expenditure from their revenue sources besides grants from the state and the Centre....
GST collections rise 9% to Rs 1.84 lakh cr; indicate economic revival, say experts
NEW DELHI: Gross GST collections rose by 9.1 per cent to about Rs 1.84 lakh crore in February, boosted by...
Technicolor India shuts down; to impact over 2500 employees in Bengaluru, Mumbai offices
BENGALURU: Many employees of Technicolor India, Paris-based visual effects (VFX) group's India unit, received their layoff letters on Friday, as...
India emerging from valley of gloom, but economic nirvana will have to wait
Coming to the sub-components of national output, it seems as though the troubles of the economy are moving from one...
Why Delhi HC order on BHPC trade mark sets a significant precedent
Intellectual property (IP) protection has long been a concern in India, primarily due to a lack of awareness and abuse...
UltraTech’s entry into cables and wires sector sparks market turmoil
NEW DELHI: The entry of UltraTech, the flagship cement company of the Aditya Birla Group, into the cables and wires...
강남유흥에서 특별한 날을 기념할 장소는?
날을 기념할 장소는 강남은 서울에서 가장 세련되고 화려한 유흥 문화를 자랑하는 곳으로, 특별한 날을 기념하기에 최적의 장소가 많다. 생일, 기념일,...
오피사이트는 어떻게 회사 문화를 강화할 수 있습니까?
오피사이트는 어떻게 오피사이트(Office Site)는 현대 기업에서 중요한 역할을 하는 공간으로, 단순한 업무 수행을 위한 장소를 넘어 조직의 가치와 문화를 형성하는...
SpiceJet turns net worth positive first time in a decade; reports Q3 PAT at Rs 26 crore
NEW DELHI: Low-cost carrier SpiceJet reported a net loss of Rs 441.7 crore for the July-September quarter but bounced back...
Mobile maker Micromax announces new venture to make solar panels in India
NEW DELHI: Micromax Informatics, India’s consumer electronics brand, announced its entry into the energy sector on Wednesday with the launch...
Quick commerce industry may struggle to maintain growth: Report
Though quick commerce is projected to grow to 128 million MTUs, the number looks ambitious. In July 2021, Jefferies projected...
Zara shuts down its 51,300-square-foot flagship store in Mumbai
Spanish retail brand Zara closed its 51,300-square-foot flagship store in Mumbai. The store was located in the historic Ismail Building...
DBS to reduce workforce by 4,000 in 3 years because of AI adoption: CEO
DBS Group expects a 10% reduction in its workforce in the next three years as artificial intelligence adoption goes deeper...
FY25 could see historic FII exodus
“The Chinese stock market responded positively, with the Hang Seng index surging by 18.7% in a month, in sharp contrast...
Ease of doing business still long way from bottom-up levels: Hiranandani
The Hiranandani group is lining up around Rs 7,000 crore in five projects in and around the megalopolis in the...
Adani Group paid Rs 58,000 crore in global taxes in FY24
The Adani group, which has constantly come under scrutiny over its business practices, has said that the group’s listed entities...
Godrej Enterprises invests ₹200 crore to expand Dahej facility
The Process Equipment division of Godrej Enterprises Group has announced an additional investment of ₹200 crore to expand its advanced...
Aster DM to invest Rs 850 crore to expand infrastructure and services in Kerala over 3 years
Participating in the Invest Kerala Global Summit 2025, Dr. Azad Moopen, said, “Kerala has always been at the heart of...
Staying invested is more important than trying to time the market
Play the Game as per your strength. A Reverse sweep is a tough shot. Players like Rishabh Pant and Surayakumar...
No need to comment on small and mid-cap valuations now: Sebi chief
MUMBAI: After raising concerns about the rising froth, or "irrational exuberance," in small- and mid-cap stocks a year ago, Sebi...
EV policy deadline can be extended if Tesla shows interest
The government is open to extending the deadline for availing benefits under the proposed EV policy if Elon Musk’s Tesla...
Mercedes-Benz profits plunge as German carmakers reel
Frankfurt: Mercedes-Benz said Thursday it planned hefty cost cuts after its 2024 profits plunged by almost a third amid a...
RBI economists say Budget 25-26 is conducive for robust and sustainable growth
The government has continued with its focus on capex alongside consumption boosting measures which would help the economy to improve...
Kochi-based Othor AI secures USD 30K pre-seed funding to accelerate market entry
KOCHI: Othor AI, the second venture from entrepreneur Unni Koroth, announced today that it has successfully raised $30,000 in pre-seed...
Uber rolls out subscription-based zero commission model for auto drivers
Riders will need to pay drivers directly in cash or via UPI (using the driver’s UPI ID). Digital payment methods...
Infosys tops Karnataka’s most valuable companies with a value of Rs 7,99,400 crore
Anas Rahman Junaid, Founder and Chief Researcher, Hurun India said, “Karnataka continues to make a powerful mark in the 2024...
HTTPS란 무엇이며 대출 사이트에서 왜 중요합니까?
사이트에서 왜 중요합니까 인터넷을 통해 다양한 서비스가 이루어지는 현대 사회에서, 웹사이트의 보안은 매우 중요한 문제입니다. 특히, 개인 정보와 금융 정보가...
Vizhinjam port handles three lakh TEUs cargo in six months
THIRUVANANTHAPURAM: Vizhinjam International Seaport handled three times more cargo than the original estimates since commercial operations began six months ago.As...
Equity markets may rebound this week
NEW DELHI: India’s equity market could witness a rebound this week, as historical data suggests that markets often recover after...
An e-voyage from Chennai to Kolkata in 3 hrs — this IIT-M startup claims it’s possible with just Rs 600
Waterfly Technologies, a startup incubated at IIT Madras, is developing electric seagliders, a sustainable alternative to traditional air and ferry...
IBC recovery hovers at 31 per cent as more cases get liquidated
However, since the measure of the effectiveness of the INC is the ratio of liquidation to resolution, thanks to several...
Trump’s reciprocal tariffs pose short-term risks for India, medium-term gains possible: Nomura
Unsurprisingly, these industries form the backbone of Indian manufacturing and constitute some of the largest formal sector employers, especially labour-intensive...
PwC India announces major leadership restructuring effective from April 2025
He added, “We have more than doubled our number of people and have significantly enhanced our presence with domestic businesses...
How do the top 10 tire brands fare in customer reviews?
How do the top 10 tire brands fare in customer reviews? When choosing the right tires, customer feedback plays a...
BSNL posts Rs 262 crore profit in Q3, marks first profit in 17 years
The net profit came in at about Rs 262 crore in the third quarter of the financial year.Mobility services revenue...
JSW’s KSK Mahanadi bid gets NCLT nod
NEW DELHI: The Hyderabad bench of the National Company Law Tribunal (NCLT) on Thursday approved the Rs 16,084 crore resolution...
Rashmi Saluja ousted from Religare board
Saluja’s exit coincides with a competing open offer for Religare by US-based investor Danny Gaekwad. However, Gaekwad reportedly missed the...
Next decade presents huge opportunity in manufacturing sector in India: Experts
Guruprasad Mudlapur, President & Managing Director, Bosch Group in India, Bosch Limited, stressed the need to develop strong infrastructure manufacturing...
What color schemes complement natural wood panel textures?
natural wood panel textures When incorporating wood panel textures into your home or office design, one of the key aspects...
Income Tax Bill introduces new ‘Tax Year’ concept, replacing assessment year
The Income-Tax Bill, 2025, which is likely to be introduced in the Parliament on Thursday (13/02), rolls out key changes...
Retail inflation slows to 4.31 pc in Jan
NEW DELHI: Retail inflation slowed to 4.31 per cent in January mainly due to lower food prices, according to official...
Gail’s Dhabol LNG port set for all-weather ops, gas imports to get leg-up
The Dhabol LNG Port, owned and operated by national gas major Gail, is set for major capacity augmentation with the...
JD Vance rails against ‘excessive regulation’ of AI at Paris summit
PARIS: US Vice President J D Vance on Tuesday warned global leaders and tech industry executives that “excessive regulation” in...
IT firms intensify evaluation and assessment processes
BENGALURU: After two-and-a-half years' wait, many campus recruits got their jobs in Infosys in October last year, but at least...
Sensex, Nifty fall for 4th day amid fresh US tariff concerns, foreign fund outflows
MUMBAI: Stock markets closed with losses for the fourth consecutive day on Monday, with the benchmark Sensex declining by 548...
A diamond may not be forever
China market contractsThe diamond industry is no stranger to boom-and-bust cycles, but what the takeaway from the DeBeers saga is...
Amara Raja reports 10% rise in Q3 revenue to Rs 3,164.02 crore
NEW DELHI: Amara Raja Energy & Mobility Limited (ARE&M), a leading player in the energy and mobility sector, on Saturday...
Rs 1 trillion worth of National Highway projects delayed: Care Ratings
MUMBAI: As much as 55% of the 374 road projects awarded by the national highways body, with an aggregate construction cost...
Airbus and Boeing eye India’s ‘soaring skies’
Air traffic is booming in India, even though only a tiny fraction of its people fly each year, and manufacturers...
LIC net jumps 17% to Rs 11,056 cr, premium income down 9%
Life Insurance Corporation has reported a 17% jump in net income at Rs 11,056 crore for the quarter to December,...
RBI Governor announces new internet domains to curb financial frauds
While this requirement, is currently mandatory only for domestic transactions, “to provide a similar level of safety for online international...
Akasa secures funding from Azim Premji and Ranjan Pai
Akasa Air said on Thursday that it has signed agreements with marquee investors to infuse fresh capital into the airline. A...
Analysts see 25 bps policy rate reduction by RBI panel
The MPC meeting comes amid falling rupee, which has lost over 3% since the December meeting, and tight liquidity conditions...
Assam women participation high in stock market investment
GUWAHATI: Assam has the fifth highest female participation among all states in India’s investment landscape, with women making up 29.8...
US Postal Service says suspending parcels from China
WASHINGTON, United States: The US Postal Service (USPS) has said it is temporarily suspending inbound parcels from China and Hong...
India to create AI foundational model in ten months, build own GPU within four years: Ashwini Vaishnaw
"We already embarked 18,000 GPUs, very high-end GPUs, and out of that, 10,000 are already available. So this 18,000 compute...
China imposes tariffs on US energy, autos in trade war retaliation
Beijing, China: China said Tuesday it would impose tariffs on imports of US energy, vehicles and equipment, firing a return...
Tata Communications gets RBI nod to sell ATM biz to Australian firm Findi
“This acquisition expands our ATM network to over 12,000 and strengthens our position in financial services sector here. The deal...
Tax dispute puts its $1.5 billion investment in India at risk, says Volkswagen
Indian authorities, however, allege that Volkswagen used internal software to place bulk orders for vehicles, which were then broken down...
How the Makhana Board announced in the Budget will help Bihar farmers?
In the Union Budget 2025, Finance Minister Nirmala Sitharaman announced the establishment of a Makhana Board in Bihar, aimed at...
FM Nirmala Sitharaman touts India’s fiscal consolidation to Moody’s not changing ratings post-Budget
While India is making strides toward fiscal discipline and inflation control, Moody's maintains that for a rating upgrade, a substantial...
Push for AI, expansion of five IITs, education budget gets over 6 per cent hike
Describing the budget as a forward-thinking vision for higher education that focuses on skill development, innovation, and inclusivity, University Grants...
Leather exports to grow from Rs 3,000 crore to Rs 8,000 crore over reduction in duties
Israr Ahmed, who is director of Farida Prime Tannery said that it would benefit the Tamil Nadu leather manufacturers immensely....
Time to reduce excessive regulatory burden on industry: Economic Survey
MUMBAI: Warning that business as usual approach to policy reforms will push the economy which is already facing hiccups, to...
How B2B Networks Support International Business Growth?
B2B Networks Support International Business A successful B2B network supports your business in a number of ways, including providing access...
5G services launched in all states, UTs by October 2024: Economic Survey 2024-25
NEW DELHI: All states and union territories had 5G services launched by October 2024, according to the Economic Survey 2025...
After Rs 27 lakh crore rout, all eyes on Budget 2025 for relief
Investors are now placing high hopes on the upcoming Union Budget to revive market sentiment, as the ongoing equity market...
German economy shrank more than expected at end of 2024
FRANKFURT: Germany's economy shrank more than expected at the end of 2024, official data showed Thursday, the latest bad news...
US indictment against Adani a ‘strategic blunder; risks damaging India-US ties: Report
The DoJ’s action, however, undermines economic collaboration and trust at a critical juncture, potentially pushing India closer to Russia and...
‘Govt may announce tax breaks to priority sectors to spur investments’
The income tax law review is work in progress. What more could be done to simplify tax laws? Till the time...
Paytm Payments Services CEO Nakul Jain steps down
New Delhi: Nakul Jain has stepped down as Managing Director and Chief Executive Officer of Paytm Payments Services Ltd (PPSL),...
Decline in job market linked to skill demand over degrees, say academicians
Reimagining classroomBoth educators called for a shift in how classrooms operate, especially in the context of modern distractions. Dr Ramanathan...
RBI unveils series of measures to inject ₹1.5 Trillion liquidity; markets see imminent rate cut
Faced with rising liquidity crunch which has crossed Rs 3 trillion mark many times in the recent weeks, the Reserve...
Labour Department clears registration of Samsung India Workers Union
CHENNAI: The Tamil Nadu Labour Department has approved the registration of the CITU-backed Samsung India Workers Union (SIWU) on Monday....
AMFI signs MoU with Indonesia’s AMII to strengthen bilateral financial cooperation
The Association of Mutual Funds in India (AMFI) and the Asosiasi Manajer Investasi Indonesia (AMII), the Indonesian Investment Managers Association...
US Fed prepares to pause in first rate decision since Trump’s inauguration
Trump's 'demands' lower ratesTrump has frequently criticized the Fed, which has a dual mandate from Congress to act independently to...
Yes Bank Q3 net income soars 2.6x to ₹612 crore
Mumbai:Mid-tier private sector lender Yes Bank reported a 2.6x increase in net income, reaching ₹612 crore in the December quarter....
Amul’s 1-litre milk price cut sparks consumer debate
The move comes after Amul's June 2024 price increase of Rs 2 per litre, which was subsequently mirrored by Mother...
Budget ’25 to meet fiscal targets at 4.5%, say analysts
On the revenue front, she expects gross tax revenue collection to grow at 11.5-12% in FY26 vs 10.7% so far...
Achyut Ghatak takes charge as Director (Technical) of Coal India
NEW DELHI: Achyut Ghatak on Friday assumed the position of Director (Technical) at Coal India Limited (CIL). He succeeds Dr....
NPAs may rise 25% in this and next fiscals over FY24 on rising stress in unsecured retail books
The increasing stress levels in unsecured retail loan books of banks can spiral out of control and create asset quality...
Andhra CM Naidu at Davos summit
AMARAVATI: Andhra Pradesh Chief Minister N Chandrababu Naidu said at the World Economic Forum in Davos, Switzerland that India's golden...
Demand trends remained subdued, says HUL MD
FMCG major Hindustan Unilever (HUL) reported a 19% year-on-year rise in its net profit for the fiscal third quarter ended...
룸 파트타임 일자리는 정규직 일자리에 비해 어떤 이점이 있나요?
룸 파트타임 일자리는 정규직 일자리에 비해 어떤 이점이 있나요? 2025년도에 접어들면서 밤알바는 많은 사람들에게 중요한 직업 선택지로 떠오르고 있습니다. 특히...
Trade, tariffs, AI and UN chief Guterres dominate World Economic Forum agenda
DAVOS, Switzlerand: A speech by the UN chief, economic growth potential in places like China and Russia, the challenges of...
Trump ‘not the president of workers’: unions chief
DAVOS: Donald Trump has heralded his record on workers, vowing to be a voice for the working classes on the...
WEF’s case for investing in women’s health
DAVOS: Making a strong case for investing in women's health worldwide, the World Economic Forum on Tuesday said its new...
What is Social Engineering in the Context of Information Security?
Context of Information Security In the context of information security, social engineering is a type of cyberattack that manipulates an...
Bharti Airtel ties up with Bajaj Finance to ensure faster last mile delivery of financial services
Gopal Vittal, vice chairman and managing director of Bharti Airtel, said their combined reach, scale and distribution strength will serve...
The Role of Automation in Managed IT Services
Role of Automation in Managed IT Services As the digital age continues to evolve, organizations need agile and efficient IT...
What taxpayers can expect in Budget 2025
NEW DELHI: The run-up to Budget 2025 has raised expectations of the middle class that the government is likely to...
Indusind Bank CFO Gobind Jain resigns
NEW DELHI: Gobind Jain, chief financial officer of the private sector lender Indusind Bank, has put in his paper “to...
Insurance industry seeks key reforms in budget to drive growth and accessibility
“Currently, a pensioner is taxed at both ends first when withdrawing the pension and then again when withdrawing an annuity...
Trump launches his own meme coin, value soars
WASHINGTON: US President-elect Donald Trump has launched his own cryptocurrency, appropriately called $TRUMP, sparking feverish buying that sent its market...
‘Suchir Balaji was a valuable member,’ OpenAI responds to whistleblower’s mother’s ‘murder’ claims
"Suchir Balaji was a valued member of the team," ChatGPT maker OpenAI said on Friday, reacting to the claims of...
Mukesh, Nita Ambani to attend US President-elect Trump’s inauguration
WASHINGTON: Reliance Industries chairman Mukesh Ambani and the Reliance Foundation founder and chairperson Nita Ambani will attend President-elect Donald Trump's...
Maruti Suzuki unveils its first BEV e Vitara at Bharat Mobility Global Expo
Toshihiro Suzuki, Representative Director and President, of Suzuki Motor Corporation, said, “We aim to make BEVs attractive to customers through...
Binod Kumar new Indian Bank CEO
The Chennai-based public sector lender Indian Bank has said Binod Kumar assumed office as its managing director & cheif executive effective...
Who is Nathan Anderson, the brain behind Hindenburg Research?
While Anderson's work has earned him a reputation as a financial truth-teller, he has also faced criticism. Some detractors argue...
Bloomberg reports that Meta will lay off 5% of staff
News reports say that social media company Meta Platforms is planning to cut 5% of total staff this year by...
‘BSNL call drop issue to be fixed by February,’ says officials
NEW DELHI: State-owned Bharat Sanchar Nigam Limited (BSNL) is working aggressively to resolve call drops, call mute issues, and other...
India has 33 years before it gets ‘too old’: McKinsey demographic report
NEW DELHI: A McKinsey report on demographics has warned that India has only 33 years, a little over one generation,...
Rupee recovers from record low, rises 21 paise to 86.49 against US dollar in early trade
Last week, the local currency had declined 18 paise to settle at 86.04 against the US dollar on Friday, a...
HCLTech reports 5.5 per cent profit growth in Q3 FY25, declares special dividend
BENGALURU: IT services giant HCLTech met Street expectations with a 5.5 per cent increase in its consolidated net profit, reaching...
China’s exports in December up 10.7 per cent, beating estimates as higher US tariffs loom
HONG KONG: China's exports in December grew at a faster-than-expected pace as factories rushed to fill orders in anticipation of...
Gautam Adani announces Rs 65,000 crore investment in energy, cement projects in Chhattisgarh
RAIPUR: Industrialist Gautam Adani on Sunday called on Chhattisgarh Chief Minister Vishnu Deo Sai and announced an investment of Rs...
FPIs withdraw Rs 22,194 crore in January amid weak earnings outlook, rising dollar
NEW DELHI: Foreign investors have withdrawn Rs 22,194 crore from Indian equities this month, driven by expectations of a weak...
Canada unemployment ticks down but Trump tariff threats cloud outlook
Montreal: Canada's unemployment rate ticked down in December, the national statistics agency said Friday, ending 2024 with signs of strength...
TVS veteran H Lakshmanan dies at 92 due to age-related ailments
NEW DELHI: H Lakshmanan, former executive director of Sundaram Clayton and a key member of Chennai-based TVS group passed away...
Cognizant acted with anticompetitive malice, alleges Infosys in counterclaim filed in US court
In October 2022, Kumar resigned from Infosys, and later joined as Cognizant CEO."In addition to recruiting away Infosys leadership, Cognizant...
Supreme Court stays GST proceedings against online gaming companies
NEW DELHI: In a major relief to online gaming companies, the Supreme Court (SC) has stayed the GST show-cause notices...
Rupee reaches new low, approaching the 86 mark
The rupee hit a record low on Thursday as the dollar strengthened, driven by expectations of slower rate cuts by...
Centre to launch new credit guarantee scheme for MSME sector up to Rs 100 cr
NEW DELHI: Financial Services Secretary M Nagaraju on Thursday said the government would soon launch a new credit guarantee scheme...
Over 400 workers killed in India in 2024
When it comes to workplace safety in India, 2024 has been another dreadful year, according to IndustriALL Global Union. By...
Navi Mumbai Airport conducts commercial flight test, to be functional from early next fiscal
MUMBAI: The upcoming Navi Mumbai International Airport is set to be functional from early next fiscal year with the expected...
Section of Akasa Air pilots seeks detailed DGCA audit
On December 27, the DGCA ordered the suspension of Akasa Air's directors of operations and training for six months for...
Credila Financial Services files for Rs 5,000 cr IPO
MUMBAI: Credila Financial Services, formerly HDFC Credila Financial Services has filed the pre-filed draft papers with the markets regulator SEBI...
JSW Energy to buy O2 Power for ent value of Rs 12,468 crore
NEW DELHI: JSW Neo Energy, a wholly-owned subsidiary of JSW Energy, has announced the signing of a definitive agreement to...
DGCA order suspension of 2 directors of Akasa Air for training lapses
Mumbai: Aviation safety regulator DGCA on Friday ordered the suspension of director of operations and director of training at Akasa...
Manmohan Singh’s New Economic Policy 1991 helps unshackle India’s economy
Key features of NEP 1991Fiscal discipline: The government set the target of bringing down the fiscal deficit to 3-4% in...
FM, industrialists and economists mourn the death of the architect of liberalisation
Industrialists and economic stakeholders mourned the death of former Prime Minister Manmohan Singh, who is credited with successfully anchoring the...
Ola Electric opens 3,200 new stores
Ola’s competitors TVS Motor and Bajaj Auto have been narrowing their sales gap with Ola. TVS recorded 26,036 registrations, accounting...
N Srinivasan and key members resign from India Cement board as CCI clears UltraTech takeover
The board of cement maker India Cements is going through a major shake-up following UltraTech Cement's ₹7,000-crore takeover. On December...
No GST on sale of used car at loss
GST would be leviable only if this margin is positive, says a source. To illustrate it, he cites the example...
NFRA penalises Deloitte Haskins & Sells LLP, 2 auditors over lapses in ZEE audit
NEW DELHI: The National Financial Reporting Authority (NFRA) has imposed a fine of Rs 2 crore on Deloitte Haskins &...
Used car market faces challenges
Sandeep Aggarwal, founder and CEO of Droom, a used car marketplace, said businesses that purchase pre-owned cars as capital assets...
Adani Defence acquires 85.8% stake in Air Works at Rs 400 crore enterprise value
Adani Defence Systems & Technologies Ltd (ADSTL) is acquiring 85.8% shareholding in Air Works (AWIEPL), India’s largest private sector MRO...
Airtel Gains Subscribers While Jio and Vodafone Idea Lose; BSNL Sees Small Growth in October 2024
NEW DELHI: For the first time since the tariff hike announced by private telecom operators in July 2024, Bharti Airtel...
New GST Invoicing: A step forward or backward?
The Goods and Services Tax (GST) framework in India has undergone several changes since its inception in 2017. One of...
Number of domestic migrants lowered by 12 per cent since 2011: Report
NEW DELHI: The number of domestic migrants have lowered by nearly 12% to 40.20 crore between 2011 and 2023, indicating...
TikTok the thug of the neighbourhood, says PM as Albania shuts down app for at least a year
TIRANA: Albanian Prime Minister Edi Rama announced Saturday that the government will shut down social network TikTok for at least...
Aligning inflation to RBI’s 4 per cent target key to ensuring growth: MPC minutes
MUMBAI: The members of the Reserve Bank rate-setting panel in the minutes of its December meeting released on Friday said...
MPC votes for CRR cut, expects inflation to ease in Q4
The members of the Reserve Bank of India’s (RBI) rate-setting panel have shifted their policy stance and voted for a...
Govt proposes new legislation to curb proliferation of illegal lending apps
The bill provides for not only severe punitive measures against those found involved in illegal lending, but also raids without...
Too many central schemes diluting spirit of co-operative fiscal federalism: RBI report
The Union Budget for fiscal 2025 has increased the allocation under the long-term interest free loans to support states to...
Rupee plunges 12 paise to hit new low of 85.07 against US dollar
The rupee has plumbed to a new life time low Thursday crossing the sensitive 85 mark to a dollar weighed...
Markets under pressure ahead of the FOMC outcome, Sensex sheds 2,000 points in three sessions
The street expects the Federal Reserve to slash the benchmark interest rate by 25 basis points (bps) this time after...
Gold import up on tariff cut, UAE pact
“The reduction of import tariffs from 15% to 6% in the last Budget, aimed at checking gold imports from Dubai,...
‘March and November emerged as the most active months for crypto trading in 2024’
Bitcoin (BTC) and Ethereum (ETH) secured the second and third spots in investor preferences with 7 per cent and 6...
Security vulnerabilities hinder AI adoption in India, reveals Deloitte report
The urgency for effective AI governance is further underscored by the alarming statistic that over half of technology workers do...
Tata Steel makes history by introducing first ever all-women shift in iron ore mines in India
Vice President, Raw Material, Tata Steel, DB Sundara Ramam, said, “This all-women shift represents a landmark achievement not only for...
Withdrawal of EPF from ATM may take time
NEW DELHI: The plan for allowing withdrawal of employee provident fund (EPF) claims through ATM has a long way to...
FIIs re-enter India, buy Rs 22,766 crore in the first two weeks of December
“Even though FIIs have turned buyers in December, they have been large sellers,too, on certain days. This indicates that at...
'Can’t let big biz into banking yet,' says banker Kundapur Vaman Kamath
MUMBAI: Kundapur Vaman Kamath, the veteran banker who led the rapid growth of ICICI Bank and helmed it for nearly...
Schools targeted with AI apps despite grave doubts
'Ease the pressure'During the pandemic boom in 2021, venture capitalists pumped more than $17 billion into Ed Tech. But that...
VIL to invest around Rs 55,000 crore to strengthen 4G, 5G network rollout
NEW DELHI: Vodafone Idea Limited (VIL) on Friday announced that it plans to invest nearly Rs 50,000-Rs 55,000 crore over...
Forex reserves fall by $3.23 billion; Rupee gains 10 paise
MUMBAI: With the rupee hitting a new low of 84.88 to the dollar last week, the Reserve Bank of India...
November inflation falls to 5.5%; raises rate cut hope in February
The easing in inflation was expected as – the main seasonal factor for high food inflation – come down during...
JK Tyre secures 30 million euro loan from German firm DEG
German financial firm Deutsche Investitions und Entwicklungsgesellschaft (DEG) is giving a long-term loan of 30 million euros to tyre manufacturer...
Google’s willow to usher in a new tech order
BENGALURU: Will Google’s monumental tech revolution—the next-gen quantum computing chip, Willow—bring about civilizational change, or will it usher in a...
Sebi wants to tap DigiLocker for unclaimed assets transfer
The markets regulator Securities and Exchange Board of India (SEBI) wants to leverage the a government-backed digital document storage platform...
Amazon set to enter quick commerce with pilot in Bengaluru
NEW DELHI: Amazon is set to enter the quick commerce space with its 15-min delivery service ready to begin from...
Tamil Nadu’s contribution to Indian economy better, GSDP up by 14 percent: CAG report
CHENNAI: Tamil Nadu's Gross State Domestic Product (GSDP) increased by 14 percent in 2022-2023, reaching Rs 23,64,514 crore. With its...
Government may extend laptop, PC import deadline beyond Dec 31
NEW DELHI: The government is likely to extend the deadline of the import authorisation scheme for laptop and personal computers...
Dezerv surpasses Rs 10,000 crore in Assets Under Management, targets Rs 25,000 crore by December 2025
MUMBAI: Wealth management firm Dezerv announced on Monday that its total Assets Under Management (AUM) have surpassed Rs 10,000 crore,...
RBI adds 27 tonne gold in October, 50 per cent of central banks’ buying
MUMBAI: The Reserve Bank has bought 48% of all the gold that the central banks bought in October, adding a...
UltraTech’s India Cement buyout under CCI scrutiny
NEW DELHI: The acquisition of India Cements by UltraTech Cement has come under the lens of the Competition Commission of...
Wooden Street secures 34 million euros in Series C funding from Premji Invest
Wooden Street, a leading furniture and home décor brand, has raised 34 million euro (approximately Rs 354 crore) in its...
Hyderabad-based drug manufacturer Suven to acquire majority stake in NJ Bio for $64 million
MUMBAI: Hyderabad-based drug contract manufacturer(CDMO) Suven Pharmaceuticals has agreed to acquire 56 per cent stake in the US-based NJ Bio...
Economists ask Finance Minister to focus on growth rather than fiscal consolidation
NEW DELHI: With the second quarter GDP growth falling to a 7-quarter low of 5.4%, economists have asked the government...
Maruti, Mahindra and MG cars to become pricier by 3-4% from next month
JSW MG Motor India said that the price increase is a result of continuously rising input costs and other external...
Vishal Mega Mart’s Rs 8,000 crore public offer to open on December 11
MUMBAI: Leading supermarket player Vishal Mega Mart’s Rs 8,000 crore initial public offer will be opening on December 11. The...
Ahead of RBI monetary policy committee outcome, Sensex and Nifty gain 1 per cent
NEW DELHI: India’s equity rallied sharply during the second half of Thursday’s trading session amidst renewed hope of a dovish...
Bitcoin tops $100,000 as big rally sparked by Trump election win rolls on
NEW YORK: Bitcoin has topped the USD 100,000 mark as a massive rally in the world's most popular cryptocurrency sparked...
Pernord Ricard India officials violated domestic trade law: Internal probe
Despite repeated denials of any wrongdoing regarding the alleged violation of domestic rules—specifically using corporate guarantees to back retailers, involving...
Government has kept banks stable in last 10 years, says Finance Minister Nirmala Sitharaman
Today the banks are being professionally run, the public sector banks are safe, stable and healthy, and have performed exceptionally...
A cut in cash reserve ratio likely, but not in repo rate
The Reserve Bank’s rate-setting panel, the Monetary Policy Committee (MPC), begins its meeting here on Wednesday (4-6 December) amidst a...
Experts see FY25 GDP growth at 6-6.8%
MUMBAI: With the second quarter growth slumping to a seven-month low of 5.4% as against 8.1% a year ago, many...
Shadow banks’ loan growth to moderate to 15-17 per cent this and next fiscal
Home loans are expected to maintain steady growth of 13-14 per cent. Policy initiatives, such as the re-introduction of the...
What makes loans against gold jewellery hit among borrowers
Ease of getting a loan against gold jewellery, the price of which had sniffed at Rs 8,000/gram late October is...
FPI selling spree continues in November at Rs 21,612 crore
NEW DELHI: Foreign investors pulled out Rs 21,612 crore (USD 2.56 billion) from the Indian equity market in November, mainly...
Quick commerce is here to stay
“Like any other sector, FMCG companies are also experiencing significant benefits from the rise of q-commerce, focusing heavily on ultra-fast...
Banks see deposits rise for the third consecutive fortnight since mid-October
MUMBAI: Indian banks' intense efforts to mop up deposits have finally begun to pay off, with liabilities growing faster than...
Capex slowdown helps govt cut deficit by 6.6 per cent in Apr-Oct
NEW DELHI: The slowing down of capital expenditure has helped the central government keep its books in order with fiscal...
DLF to sell Kolkata Tech Park 1 to RDB Primarc for Rs 637 crore
DLF, the country’s largest real estate company, plans to sell its Kolkata Tech Park 1 business undertaking to RDB Primarc...
Experts see GDP growth below 6.5% in second quarter
DK Srivastava from EY raises concerns about CPI inflation rate, which stood at 6.2% in October, alongside an expected lower...
Testing facilities for energy storage systems needed for India’s energy transition: NITI Aayog member
The revised target represents a significant increase from the original goal of 22 GW, driven by the need to manage...
SoftBank CEO meets startup founders
In 2011, SoftBank invested $200 million and InMobi became the first start-up in the country to turn into a unicorn....
Lower capex may reduce fiscal deficit by 19 bps to 4.71% this financial year
Mumbai: The continued slowdown in government spending may result a lower-than-budgeted fiscal deficit, which is likely to be down by...
Adani Green informs stock exchange
NEW DELHI: Billionaire Gautam Adani and his nephew Sagar Adani have not been charged with any violations of the US...
RBI governor Shaktikanta Das discharged from Chennai hospital
MUMBAI: The Reserve Bank has said the governor Shaktikanta Das, who was admitted to a Chennai hospital after suffering from...
Government waives bank guarantees for telecom operators on pre-2022 spectrum purchases; Vi to benefit most
NEW DELHI: In a move aimed at easing the financial burden on Indian telecom service providers, particularly Vodafone Idea Limited,...
Real estate player Kalpataru gets Sebi nod for Rs 1590 crore IPO
MUMBAI: Real estate developer Kalpataru Group announced on Monday that it has received regulatory approval to launch an initial public...
Is govt trying to guide interest rates?
Or does it indicate the government is seriously concerned about the plight of the public amidst rising inflation--as was made...
US SEC has no jurisdiction to summon foreign nationals, Adani notice to go via ‘proper channel’
NEW YORK: The US SEC will need to serve summons on Adani Group Founder and Chairman Gautam Adani, along with...
Binny Bansal steps down from PhonePe Board
Sameer Nigam, CEO and founder of PhonePe, said, “Binny Bansal’s engagement, strategic guidance, and personal mentorship have profoundly enriched our...
Pvt sector performs better on new biz gains, higher exports; sees record hiring
MUMBAI: New business gains and higher exports helped the private sector to perform better in November leading to the composite...
IPO-bound Zepto bags $350 mn from domestic investors
BENGALURU: Quick commerce start-up Zepto has raised $350 million in its latest round, which included investments from Indian HNIs, family...
Quick commerce dominates essentials; physical stores retain high-value appeal
A recent survey by Grant Thornton Bharat reveals significant insights into consumer preferences across various retail channels. Quick commerce has...
NTPC Green IPO booked 93% on Day 2
NEW DELHI: The initial public offer of NTPC Green Energy Ltd, the renewable energy arm of NTPC, got subscribed 93...
Kenya cancels airport and energy deals with Adani group after US indictment
NAIROBI: Kenya's president said Thursday he has cancelled multimillion-dollar airport expansion and energy deals with Indian business tycoon Gautam Adani...
US charges billionaire Gautam Adani with $265 million bribery scheme, alleged investor fraud
The indictment also charges Ranjit Gupta and Rupesh Agarwal, former executives of a renewable-energy company whose securities were traded on...
