CATEGORIES

Indian-Americans rally behind Harris

As the US election heads for a finish, Democratic nominee Kamala Harris, the daughter of Indian and Jamaican immigrants, has been counting on support from the Indian-American community in most of the pivotal battleground states.

'Davos in the desert' finds almost no mention of war

Saudi Arabia, its Gulf neighbours seek to reassure investors that it's safe to do business amid turmoil in West Asia

Alphabet's AI bet pays off with Cloud, search growth

Google parent Alphabet said its AI investments were \"paying off\" as it reported a 35 percent surge in its cloud business and US poll-related spending lifted YouTube ad sales in the third quarter.

Samsung's $122 bn wipeout shows cost of sleeping on AI

Just a few months ago, Samsung Electronics looked primed to benefit from the global AI boom: profits were surging and its stock was rising toward an all-time high.

US election nerves are fuelling bets on Asian sovereign bonds

India, Indonesia, South Korea top picks

Robust spending drives US Q3 GDP growth 2.8%

Consumer spending rises at fastest pace since Q1 2023

'Invest in China' to boost 'Make in India': Feihong

Chinese envoy calls for closer commercial ties between the two nations

Canada alleges Shah behind plot to target Khalistanis

A Canadian official alleged Tuesday that Home Minister Amit Shah ordered a campaign of violence, intimidation and intelligence-gathering targeting Khalistanis in Canada.

Bulk onion sales stabilised prices across mkts: Centre

The retail price of onions has stabilised in major markets of Andhra Pradesh, Maharashtra, Karnataka, Uttar Pradesh, Tamil Nadu and New Delhi since the bulk sale through trains began on October 20, the Centre claimed on Wednesday, as the second rake carrying 840 tonnes of buffer onions reached the national capital.

Disengagement between India, China troops in eastern Ladakh complete

Indian and Chinese troops have completed disengagement at two friction points at Demchok and Depsang Plains in eastern Ladakh and patrolling is set to commence soon at these points, Army sources said on Wednesday.

Aditya Birla Cap Q2 net up 42% on one-off gain

Aditya Birla Capital on Wednesday reported 42 per cent year-on-year (Y-o-Y) growth in consolidated net profit to ₹1,001 crore in July-September quarter of 2024-25 (Q2FY25) from ₹705 crore in Q2FY24.

Canara Bank reins in gold loan growth

Public sector lender Canara Bank has moderated the gold loan growth to 15-17 per cent from an earlier pace of 25-30 per cent in the backdrop of regulatory concerns and to balance the portfolio.

Centre exploring move to ease foreign investment norms

Policymakers looking at option of foreign investments through mix of equity and debt

AAP and BJP lock horns over 'health model' ahead of polls

The efficacy of Delhi's 'health model' versus the Centre's Ayushman Bharat scheme is set to shape the contours of the political contestation between the ruling Aam Aadmi Party (AAP) and the opposition Bharatiya Janata Party (BJP) in the run-up to the Assembly polls in the national capital.

Expansion to benefit elderly, but experts flag reimbursement woes

With rising number of patients, healthcare providers call for timely payments

Pvt banks see sequential fall in profit

Slippages in unsecured retail portfolios take a toll on private lenders' Q2 showing; elevated credit costs also hurt

Apr-Sep fiscal deficit at 29% of FY25 target

Rising tax revenues and RBI dividend boost receipts

US-China tensions no opportunity for India

India is not looking at the ongoing US-China trade tensions as an opportunity for its own benefit, and the country stands on its strengths such as democratic institutions, robust rule of law, and talented youth.

IBBI, IBA partner for centralised platform to auction liquid assets

Assets undergoing liquidation through the Insolvency and Bankruptcy Code (IBC) will soon be available to potential buyers under a centralised platform for listing and auction as the regulatory body overseeing insolvency proceedings has collaborated with the Indian Banks Association (IBA) to facilitate the auction under one umbrella, a circular issued by the Insolvency and Bankruptcy Board of India (IBBI) said.

Core sector bounces back on refinery, cement gains

Flashes 2% growth in Sep after contraction in Aug; IIP may show modest uptick

BSNL deploys over 50,000 4G sites

State-run telecom operator Bharat Sanchar Nigam Limited (BSNL) has successfully deployed more than 50,000 indigenous 4G sites nationwide, the Ministry of Communications announced on Wednesday.

Torrent Pharma promoters sell 3% stake, raise ₹3K cr

Plan to use funds for investment in power business

Meesho generates positive operating cash flow of ₹232 crore in FY24

Meesho said on Wednesday it has become the first \"horizontal\" Indian e-commerce company to achieve profitability and generate positive free cash flow and operating cash flow of ₹232 crore in FY24.

Smartphone market value surges 12% in Q3CY24: Counterpoint

India's smartphone market grew by three per cent year-on-year (Y-o-Y) in volume in the third quarter (Q3) of calendar year 2024, while its value surged by 12 per cent Y-o-Y to reach an all-time record for a single quarter, according to a report by research firm Counterpoint.

Bharti Telecom plans to raise ₹8.5K cr via bond sale

Bharti Telecom, owned by billionaire Sunil Bharti Mittal, is planning to raise about ₹8,500 crore in the rupee bond market, according to people familiar with the matter.

Biocon profit slumps 84%

Bengaluru-based biopharma Biocon on Wednesday reported a consolidated year-on-year decrease of 84.3 per cent in net profit to ₹27.1 crore in the second quarter of the financial year 2025 (Q2FY25) from ₹172.7 crore in Q2FY24.

Tata Power net up 6% at ₹926 cr

Private power producer Tata Power reported a 6 per cent year on year (Y-o-Y) increase in net profit (attributable to owners of the company) at ₹926.53 for the second quarter of the current financial year (Q2FY25), missing the Street estimates.

‘We want to be a co-pilot in India’s AI journey’

Last year, Microsoft launched the Secure Future Initiative (SFI), an effort to advance cybersecurity protection. IRINA GHOSE, managing director, Microsoft India and South Asia talks about the initiative and how Indian enterprises are looking at cybersecurity. October is also the month of cybersecurity awareness. She tells Shivani Shinde over a video call, how AI is getting infused in security and Microsoft’s focus in the new year. Edited excerpts:

3 mins |

Dabur net falls 17% on low urban demand

Home-grown fast-moving consumer goods (FMCG) major Dabur India on Wednesday reported a 17.5 per cent year-on-year (Y-o-Y) drop in net profit to ₹425 crore in the second quarter, as high food inflation and heavy monsoon impacted sales.