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At home in India's eternal city

Every time I visit Banaras, I leave with a wish to return to its warm embrace. The superficial reason is that there is so much to see that one life-time is just not enough. The deeper reason is a thirst for an opportunity to experience stillness amidst the chaos of a city that seems as ancient as beginningless time. The calming presence of the river Ganga has a mysterious pull not only for worshippers but also for those who seek nourishment in the lap of nature.

Two big risks and two challenges for India

Having successfully tackled internal economic instability, it now faces external threats to growth ILLUSTRATION: BINAY SINHA

Boosting confidence

Accepting international arbitration will increase investment

The quantum clock is ticking

On August 13 this year, a significant milestone in quantum technology was achieved as the National Institute of Standards and Technology (NIST) announced the first three Post-Quantum Cryptography (PQC) standards.

A valuable legacy

Ratan Tata built a cohesive and forward-looking group

BMW, Mercedes-Benz sales plunge in China

BMW AG and Mercedes-Benz Group AG saw car sales slump in China in the third quarter as weak consumer sentiment in their biggest market weighed on luxury spending.

X to dodge requirements of landmark EU tech rules

Elon Musk's X will not be designated as a gatekeeper under landmark EU tech rules known as the Digital Markets Act, which would have subjected it to an onerous list of obligations, people with direct knowledge of the matter said on Thursday.

Israeli forces fire at UN peacekeepers in Lebanon

Israeli forces fired on two positions used by UN peacekeepers in Lebanon on Thursday and at a third one on Wednesday, the UN force said, as Israel warned Lebanese civilians not to return to homes in the south and pressed on with its assault on Hezbollah.

Google's Nobel winners stir debate over AI research

The award this week of Nobel prizes in chemistry and physics to a small number of artificial intelligence pioneers affiliated with Google has stirred debate over the company's research dominance and how breakthroughs in computer science ought to be recognised.

Citi, Mastercard tie up on cross-border payments

Mastercard Inc and Citigroup Inc are collaborating to facilitate around-the-clock, cross-border payments with debit cards, giving consumers and companies another way to conduct business worldwide.

Han Kang first South Korean writer to win Literature Nobel

South Korean author Han Kang was awarded the Nobel Prize in Literature \"for her intense poetic prose that confronts historical traumas and exposes the fragility of human life.\"

Tesla's 'dream premium' faces moment of truth at Robotaxi reveal

The stakes for Tesla Inc are high as investors eagerly await the first look at the company's fully self-driving vehicle late on Thursday.

US inflation eases to its lowest level since Feb 2021

CPI up 2.4% Y-o-Y, slightly above forecast

Good Glamm buys Sirona for ₹450 crore

Beauty and personal care conglomerate Good Glamm Group has completed the acquisition of Sirona Hygiene for ₹450 crore (approximately $60 million) in an all-cash deal, marking one of the largest cash exits for a direct-to-consumer (D2C) startup in India, especially in the FemTech space.

Myntra's festival sale clocks record 627 mn user visits

Fashion e-commerce company Myntra has said that its recently concluded festival sale has been the firm's largest such edition by far, registering 627 million user visits, a significant growth over last year's edition.

NFRA slaps ₹2 crore penalty on Coffee Day auditors, bars CAs

The National Financial Reporting Authority (NFRA) on Thursday slapped a penalty of ₹2 crore on the statutory auditor and ₹15 lakh on two chartered accountants for professional misconduct in the audit of Coffee Day Enterprises Limited (CDEL) in FY20.

Ola Electric seeks time to resolve service complaints

Executives meet MHI after ARAI notice

Ministry of Ports plans int'l tie-ups to pool funds for insurance entity

Initially, the proposed P&I entity would cover only coastal and riverine vessels, which fall outside the international P&I framework and carry a lower risk profile, as previously reported.

WORLD BANK REPORT - Manufacturing output to jump 9% if more women join workforce

India's manufacturing output would increase by 9 per cent if more women joined the workforce, the World Bank said in its South Asia Development Update on Thursday.

WTO cuts 2025 global trade growth outlook to 3%

Says West Asia conflict may disrupt shipping, raise energy prices

Economists caution on RBI's growth optimism

Most project FY25 growth below 7.2%

Govt releases ₹1.8 trn to states in tax devolution

Includes advance instalment of ₹89K crore ahead of festival season

NBFCs raise over ₹3 trn in H1FY25 via domestic debt

Sep fundraise highest in current FY

PSB share in incremental credit falls on slower lending to NBFCs

Public sector banks' (PSBs) share in incremental credit declined by three percentage points to 51 per cent in September 2024 from 54 per cent a year ago as they moderated the pace of disbursements to non-banking finance companies and unsecured credit.

JCB bets on 'greener' machines

Heavy machines maker JCB, which is growing in double digits this year, is planning to make its machines “greener” by reducing fossil fuel consumption, the firm said.

IT firms' focus on building IP and platforms may trigger more lawsuits

Recently there has been a spurt in litigation by information-technology (IT) services players as the industry's business model transitions towards platform and intellectual property-led deals.

Air India orders 85 additional Airbus aircraft

Airline also considering placing order using Boeing options

Discretionary deal demand still low

In an analyst call on Thursday, Tata Consultancy Services Chief Executive Officer K Krithivasan elaborated that cost optimisation, vendor consolidation, customer experience transformation, and supply chain modernisation remain central themes for clients.

TCS sets in motion FY26 campus hiring process

IT major adds 11,000 employees in the first half of FY25

Who's who queue up to bid farewell to Ratan Tata

Industrialists, politicians, film stars, Tata group employees, friends, family members and admirers -- running into thousands -- queued up at the National Centre of Performing Arts (NCPA) at Nariman Point since Thursday morning to pay their last respects to Ratan Tata, 86.