CATEGORIES

Its chip found in Huawei item, TSMC cuts off China's Sophgo

Taiwan Semiconductor Manufacturing Company (TSMC) suspended shipments to China-based chip designer Sophgo after a chip it made was found on a Huawei AI processor, said two people familiar with the matter.

South Africa amends guidelines to allow genetically modified children

A little-noticed change to South Africa's national health research guidelines, published in May of this year, has put the country on an ethical precipice.

Economic leaders face a new era of industrial policy

Policymakers brace for more protectionism and demise of 'neoliberalism' if Trump is re-elected in the US

A sigh of relief as Khamenei stops short of retaliation call

Satellite images show impact of Israeli attack on 2 secret Iranian military bases

Immigration remains a contentious issue in US presidential race

With just nine days left for Election Day, immigration remained one of the contentious issues in the US presidential campaign, with many immigrants, including from India and other South Asian nations, fearing a backlash if Republican hopeful Donald Trump wins the poll.

Winds of change

October 29 marks 25 years since the devastating 1999 Super Cyclone. RAMANI RANJAN MOHAPATRA reflects on Odisha's journey from ruin to resilience, now recognised globally as a model in disaster management

On a wing and a prayer

The Jharkhand Assembly elections will see electors cast their vote on November 13 and 20. SHIKHA CHATURVEDI analyses how food inflation, poverty, and promises are playing out in the fiscally-strained state

Surge in illegal Indian migration to US; China tally trebles in 2 years

The debate around illegal immigration has intensified in the runup to the US presidential election. ARCHIS MOHAN gives insight into the issue

Das receives A+ in Central Bank Report Cards 2024

Reserve Bank of India (RBI) Governor Shaktikanta Das received an A* grade in the Central Bank Report Cards 2024 for the second consecutive year.

Nabfid may raise ₹40K cr via bonds in H2

Its borrowing from markets was about ₹9,000 cr in the first half of FY25

LIC eyes foray into bond FRA market by FY25-end

State-owned Life Insurance Corporation of India (LIC), the country's largest insurer, is set to enter the bond forward rate agreement (FRA) market by the end of the current financial year (FY25).

PADDY PROCUREMENT NORMS: Govt rules out state-specific relaxations

The government on Sunday virtually ruled out giving any specific relaxation in paddy procurement norms to any state, including Punjab, saying whatever easing will be done would apply to all uniformly.

NMDC-KIOCL merger on cards

The Union government is planning to merge Kudremukh Iron Ore Company Ltd (KIOCL) with India's largest iron ore merchant miner, NMDC—a Central Public Sector Enterprise (CPSE) soon, according to a senior steel ministry official.

Interest subsidy plan for exporters up for revamp

Move after FinMin sought justification

Progress on MDB reforms 'disappointing': G20 report

Terming the steps taken towards the multilateral development banks' (MDB) reforms suggested under India's G20 presidency as \"disappointing\", a G20 independent expert group has said the pace and ambition of implementation falls well short of what is required even though every institution has embarked on a programme of reform.

IDBI Bank stake sale gathers pace

The Union Ministry of Finance is expecting to complete the privatisation process of IDBI Bank by March 2025, according to a senior government official familiar with the matter.

Not easy to make Brics draft on int'l payment systems work

Astute businessmen and finance executives would have taken note of four initiatives the leaders of Brics, a grouping of nine countries, proposed when they met last week at Kazan, Russia: more trade between the Brics member countries, payments in national currencies of Brics member countries, an electronic platform for settlement of interbank transactions and a new currency to facilitate transactions and build up of reserves.

Govt puts listing of CPSEs' green units in fast lane

NTPC Green Energy, SGEL, NLC India Green Energy may see IPOs by FY25-end

Mcap of 9 most valued firms drops by ₹2 trn

Nine of the top-10 most valued firms together lost a whopping ₹2.09 trillion from market valuation last week, in line with weak trends in equities, with Hindustan Unilever and Reliance Industries Limited taking the biggest hit.

Adani's ₹3K cr bet on ITD rides infra-capex wave

Adani Group's acquisition of a controlling stake in ITD Cementation India through a ₹3,204 crore deal marks the conglomerate's entry into the engineering and construction (EPC) sector.

MobiKwik cut IPO size due to higher FY24 revenue: Co-founder

Fintech firm MobiKwik reduced its initial public offering (IPO) size this year as compared to its 2021 plans on the back of higher operational revenue and a shift towards positive Ebitda (earnings before interest, taxes, depreciation, and amortisation) in financial year 2024 (FY24), a senior company executive said.

'Our capacities are just in time to meet growing demand in India'

A surge in steel exports from China has been casting a shadow on the global steel industry. As steel prices slipped, the country's largest steelmaker, JSW Steel, reported an 84 per cent year-on-year decline in consolidated net profit in Q2FY25. In a telephonic interview, JSW Steel, joint managing director and chief executive officer, JAYANT ACHARYA, tells Ishita Ayan Dutt that short-term challenges will not be a direction for its overall expansion in the medium to long term. Edited excerpts:

Crude palm oil rates on boil, FMCG prices move north

With crude palm oil prices on the rise, companies have started to jack up rates of soaps and edible oils in order to pass on the hike to consumers.

Vistara, Air India merger: Navigating brand synergy

Experts say the merged entity will draw on USPs of both firms

BMW India net profit rises 52% to ₹311 cr in FY24

Car sales witness 61% Y-o-Y growth

At least 50 flights receive bomb threats; 2 diverted

At least 50 flights operated by Indian airlines received bomb threats and two of them were diverted on Sunday, according to sources.

E-com fireworks in rural India this festival season

India's e-commerce giants, led by Flipkart, Amazon, and Meesho, are making a strategic push into Tier-II and -III cities and rural regions, where demand for online shopping is surging during the festival season.

Israel strike on Iran may add to market woes

Restrained attack a relief, but oil prices remain key

Apple seeds growth via supply chain in India

There are 15 Indian suppliers; further expansion on the cards

Stable taxation supports ITC in volume recovery

Unchanged taxation on cigarettes expected to bolster market share