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Release for grief
EYE CULTURE
![RBI supersedes New India Co-op Bank Board RBI supersedes New India Co-op Bank Board](https://reseuro.magzter.com/100x125/articles/18959/1994617/efOp3b4y21739569875031/RBI-SUPERSEDES-NEW-INDIA-COOP-BANK-BOARD.jpg)
RBI supersedes New India Co-op Bank Board
Alleged misappropriation of funds behind curbs
Reciprocal tax plan sets off alarm bells amid global trade war buzz
The move by the United States President Donald Trump to impose 'reciprocal' tariffs on a 'country-by-country' basis is set to trigger a global trade war, according to officials watching this space.
![Sachin Bansal steps down as Navi CEO amid top-level rejig Sachin Bansal steps down as Navi CEO amid top-level rejig](https://reseuro.magzter.com/100x125/articles/18959/1994617/CtuTdAAhH1739570481434/SACHIN-BANSAL-STEPS-DOWN-AS-NAVI-CEO-AMID-TOPLEVEL-REJIG.jpg)
Sachin Bansal steps down as Navi CEO amid top-level rejig
To serve as executive chairman of the group
![Pharma Stocks Plunge Amid Tariff Concerns Pharma Stocks Plunge Amid Tariff Concerns](https://reseuro.magzter.com/100x125/articles/18959/1994617/aA6VzshLDsnBqtWgwVisys/PHARMA-STOCKS-PLUNGE-AMID-TARIFF-CONCERNS.jpg)
Pharma Stocks Plunge Amid Tariff Concerns
Analysts Say Exports Unlikely to Face Major Impact
I-T Bill empowers taxman to ask for access to electronic systems
In a move that could make it easier to scrutinise cryptocur rency and other virtual digital assets, the new income-tax Bill introduced in the Lok Sabha on Thursday empowers tax authorities to demand codes for access to electronic systems during surveys and searches.
![Cummins' engine may rev low in near term Cummins' engine may rev low in near term](https://reseuro.magzter.com/100x125/articles/18959/1994617/pnVVWCPHc0bAQDU7vrssys/CUMMINS-ENGINE-MAY-REV-LOW-IN-NEAR-TERM.jpg)
Cummins' engine may rev low in near term
Brokerages upbeat on firm's long-term prospects after a strong Q3
Smallcaps slip into bear mkt territory, midcaps on brink
Investors endured another challenging session on Friday as smallcap stocks tumbled over 3 per cent, sliding into bear-market territory, while midcaps fell 2.4 per cent, extending their decline from peak levels to 18.4 per cent.
![Deep state, shallow state, non-state Deep state, shallow state, non-state](https://reseuro.magzter.com/100x125/articles/18959/1994617/l4CAx436yEFj4xL94x3sys/DEEP-STATE-SHALLOW-STATE-NONSTATE.jpg)
Deep state, shallow state, non-state
The deep state has now become the engine of conspiracy theories across democracies. America was the first and India is catching up fast. Many European democracies are on the bandwagon too
DPIIT to sign MoUs with firms for setting up manufacturing incubation centres
In a move to give a fillip to manufacturing startups, the Department of Promotion of Industry and Internal Trade (DPIIT) will be signing memorandums of understanding (MoUs) with corporates to set up manufacturing incubation centres.
![Varying constants of Delhi Varying constants of Delhi](https://reseuro.magzter.com/100x125/articles/18959/1994617/u4HykPN9nXZu2xaDutEsys/VARYING-CONSTANTS-OF-DELHI.jpg)
Varying constants of Delhi
\"Mazza aa gaya,\" chortled a functionary of the Bharatiya Janata Party (BJP) in Delhi after the Assembly election results, which installed the party in power in the city (the party lost power in 1998). \"But the path of the new chief minister is not going to be easy.\"
SC Junks Telcos' Petitions on Miscalculation in AGR Dues
In a setback to telecom majors including Bharti Airtel and Vodafone Idea, the Supreme Court (SC) has refused to review its 2021 order rejecting their pleas for rectification of alleged errors in calculation of adjusted gross revenue (AGR) dues payable by them.
Meta to connect India to US via 50,000 km undersea cable
Social media conglomerate Meta would build a 50,000 km undersea cable—spanning five continents—connecting India to the United States, the two countries said in a joint statement.
![Vance Asks Europe To Stem Illegal Migration Vance Asks Europe To Stem Illegal Migration](https://reseuro.magzter.com/100x125/articles/18959/1994617/rboe5TguZWiAJqfFFHnsys/VANCE-ASKS-EUROPE-TO-STEM-ILLEGAL-MIGRATION.jpg)
Vance Asks Europe To Stem Illegal Migration
Russia Strikes Chernobyl Power Plant Near Ukraine Border, Hours Before Zelenskyy, US V-P Were Set To Discuss The War
Will make 'wonderful' trade deal: Trump as he meets PM
India, US look to negotiate agreement in 7-8 months, eye $500 bn bilateral trade by '30
![Trump Tariff Shadow Over Metal Industry's ₹8.6 Trillion Capex Push Trump Tariff Shadow Over Metal Industry's ₹8.6 Trillion Capex Push](https://reseuro.magzter.com/100x125/articles/18959/1994617/VAZeVBC1EaDeO7rUNhdsys/TRUMP-TARIFF-SHADOW-OVER-METAL-INDUSTRYS-86-TRILLION-CAPEX-PUSH.jpg)
Trump Tariff Shadow Over Metal Industry's ₹8.6 Trillion Capex Push
Higher US metal tariffs come even as the industry has announced record investments in additional capacity in the last few years.
Expect export growth to remain strong in coming qtrs: Hinduja
The key export markets for Ashok Leyland's buses and trucks are stable, and the company expects strong volume growth in exports to continue in the coming quarters, Executive Chairman Dheeraj Hinduja (pictured) told Business Standard.
![Fresh Harvest Pulls Down WPI Inflation to 2.31% Fresh Harvest Pulls Down WPI Inflation to 2.31%](https://reseuro.magzter.com/100x125/articles/18959/1994617/g834ZkiKERT9ebmAkaisys/FRESH-HARVEST-PULLS-DOWN-WPI-INFLATION-TO-231.jpg)
Fresh Harvest Pulls Down WPI Inflation to 2.31%
India's wholesale price index (WPI)-based inflation declined to 2.31 per cent in January from 2.37 per cent in December as the food prices came down due to the arrival of fresh harvests while fuel rates too remained under check, according to the government data released on Friday.
![Sebi Turns Down Gaekwad's Plea for Competing Open Offer for Religare Sebi Turns Down Gaekwad's Plea for Competing Open Offer for Religare](https://reseuro.magzter.com/100x125/articles/18959/1994617/gxJUtQtaBN43C80mMGdsys/SEBI-TURNS-DOWN-GAEKWADS-PLEA-FOR-COMPETING-OPEN-OFFER-FOR-RELIGARE.jpg)
Sebi Turns Down Gaekwad's Plea for Competing Open Offer for Religare
Regulator says application 'frivolous', not backed by financial capabilities
PwC Rejigs Key Leadership Roles
PwC on Friday announced key leadership changes to strengthen its presence in India effective from April 1, 2025.
US Welcomes India's Steps to Lower Tariffs on American Products
Both sides launched a new initiative—the US-India COMPACT (Catalyzing Opportunities for Military Partnership, Accelerated Commerce & Technology) for the 21st Century—to drive transformative change across key areas of cooperation.
MaxiVision Plans Expansion in Maha, Eyes IPO in 2 Years
MaxiVision, the south India's eye care hospital chain led by industry veteran GSK Velu, is now eyeing expansion in western India and has earmarked ₹500 crore investment fund for Maharashtra.
![India's Share in World Equity Market Cap Declines to 18-Month Low of 3.63% India's Share in World Equity Market Cap Declines to 18-Month Low of 3.63%](https://reseuro.magzter.com/100x125/articles/18959/1994617/qm5xZ5WClDPt6LdWJKRsys/INDIAS-SHARE-IN-WORLD-EQUITY-MARKET-CAP-DECLINES-TO-18MONTH-LOW-OF-363.jpg)
India's Share in World Equity Market Cap Declines to 18-Month Low of 3.63%
Combined mcap of country's listed companies down nearly $1,050 bn since September-end
![Good times are ahead: Puri on natural gas availability Good times are ahead: Puri on natural gas availability](https://reseuro.magzter.com/100x125/articles/18959/1994617/RXCdlSTS92OKF9sPQF3sys/GOOD-TIMES-ARE-AHEAD-PURI-ON-NATURAL-GAS-AVAILABILITY.jpg)
Good times are ahead: Puri on natural gas availability
Minister says India will have all the gas it needs over next 18 months
![MFI loan disbursements may slow down MFI loan disbursements may slow down](https://reseuro.magzter.com/100x125/articles/18959/1994617/5ehUtzktykiFx5jYGVmsys/MFI-LOAN-DISBURSEMENTS-MAY-SLOW-DOWN.jpg)
MFI loan disbursements may slow down
Move to increase micro loan delinquencies, says India Ratings
Restrictions not to be interpreted as cancellation of bank's licence: RBI
A complaint was filed by the bank's chief compliance officer with the Economic Offences Wing (EOW) of the Mumbai Police on Thursday, alleging misappropriation of funds.
![Natural gas, N-power get renewed push in partnership talks Natural gas, N-power get renewed push in partnership talks](https://reseuro.magzter.com/100x125/articles/18959/1994617/0ODPGcNai40jMM55bcJsys/NATURAL-GAS-NPOWER-GET-RENEWED-PUSH-IN-PARTNERSHIP-TALKS.jpg)
Natural gas, N-power get renewed push in partnership talks
India's efforts to build a multi-fuel basket to power its energy security were reinforced when Prime Minister Narendra Modi and American President Donald Trump announced the two countries' partnership in natural gas and nuclear power.
![Is AI Making Us Stupider? Maybe Is AI Making Us Stupider? Maybe](https://reseuro.magzter.com/100x125/articles/18959/1994617/0Ecc9CqtsbmB2phXA9gsys/IS-AI-MAKING-US-STUPIDER-MAYBE.jpg)
Is AI Making Us Stupider? Maybe
There is only so much thinking most of us can do in our heads. Try dividing 16,951 by 67 without reaching for a pen and paper.
![Trump's volley of tariffs will not hurt India business Trump's volley of tariffs will not hurt India business](https://reseuro.magzter.com/100x125/articles/18959/1994617/4Bj0bz84jFX5VF8dwEJsys/TRUMPS-VOLLEY-OF-TARIFFS-WILL-NOT-HURT-INDIA-BUSINESS.jpg)
Trump's volley of tariffs will not hurt India business
Hindalco Industries plans to spend ₹6,000 crore as capex in India in 2024-25 (FY25) and ₹8,000 crore the next year. SATISH PAI, the company's managing director, told Amritha Pillay in a video interview that he expects Novelis, a subsidiary, to bounce back in the fourth quarter (Q4). Pai said America's announcement of trade tariffs will not have a \"negative\" impact on Hindalco, and Chinese aluminium imports to India are no longer cheaper. Edited excerpts:
![Roses to chocolates: Ecom gets V-Week push Roses to chocolates: Ecom gets V-Week push](https://reseuro.magzter.com/100x125/articles/18959/1994617/rk3Vw19vNfGwBMScUCYsys/ROSES-TO-CHOCOLATES-ECOM-GETS-VWEEK-PUSH.jpg)
Roses to chocolates: Ecom gets V-Week push
Mad dash for roses, chocolates, jewelleries, books and strangely de-tan kits kept e-commerce players and delivery boys on their toes on Friday as youngsters celebrated Valentine's Day.