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How the world economy learned to love chaos

Central banks have embarked monetary on austere policy to crush inflation. Worries about the financial system, from bond markets to commercial property to the health of the banks, are everpresent.

Permian rivals reach deal to create $50 billion oil-and-gas behemoth

Rivals Diamondback Energy and Endeavor Energy Resources are merging to create an oil-and-gas behemoth worth more than $50 billion, as higher oil prices and a rush to grab prime acreage fuel consolidation in the energy sector.

Saudi Arabia cites energy transition for oil capacity U-turn

Saudi Arabia's U-turn on its oil capacity expansion plans was because of the energy transition, its energy minister said on Monday, adding that the kingdom has plenty of spare capacity to cushion the oil market.

AI is starting to threaten white-collar jobs. Few industries are immune.

Leaders say the fast-evolving technology means many jobs might never return

SpiceJet laying off 15% staff to save 100 crore per year

The layoffs have begun, and will hit employees in all categories of operations, except pilots

Court strikes right note for music industry, but grey areas remain

The recent Bombay High Court judgement upholding the authority of Phonographic Performance Ltd (PPL) and Novex Communications Pvt Ltd to issue licences as copyright owners could pave the way for royalties for playing music at weddings, restaurants, and other public places.

'Keyboard will now become AI keyboard, pen an AI pen'

Qualcomm Technologies is successfully transitioning from a communications-based to a connected-computing firm, said Alex Katouzian, senior vice-president and general manager of the US company's mobile, personal computing, voice, music, wearables, and extended reality (XR) business units.

'Good firms always on right side of regulation'

Whatever RBI comes up with, it has a good reason for it, says Bhargava

'Vedanta to produce cheapest aluminium'

Vedanta, the largest aluminium producer in India, will soon become the lowest-cost producer of the silver-white metal in the world as the company works on backward integration of its supply chain, including acquisition of more coal mines, according to John Slaven, the chief executive of the company's aluminium business.

GSK India arm's profit in Q3 falls on government price cap

GlaxoSmithKline Pharmaceuticals, the Indian unit of the UK's GSK, reported a 3% fall in third-quarter profit on Monday, hurt by the government's pricing cap on certain medicines.

Sebi ups scrutiny of IPO docs

The market regulator Securities and Exchange Board of India (Sebi) is increasing scrutiny of issue documents filed by companies going public, four people said on Monday, amid a rise in initial public offerings (IPOs) in the Indian market.

Small investors bump up stake in NSE on hopes of listing

Small retail investors and HNIs hiked their stakes in NSE in the December quarter on hopes of a much-anticipated listing of the country's largest bourse and the world's largest derivatives one, according to data accessed from NSE.

Demand woes and rising debt a worry for Ramco Cements

The cement sector is currently characterized by weak demand and subdued pricing trends. Added to this, The Ramco Cements Ltd is facing other challenges as well.

Fair Q3 but bumpy ride for Hero

Hero MotoCorp Ltd's shares hit a 52-week high of ₹4,949.05 apiece in early trading hours on Monday but proceeded to close nearly 5% lower with broader markets remaining weak.

'Incredible India push needs a digital revamp'

India's impressive economic growth hasn't translated into booming tourism, with calls for a \"dynamic and digital\" revamp of the Incredible India campaign failing to attract foreign visitors, former CEO of Niti Aayog and Indian G20 Sherpa Amitabh Kant said.

No review of action against Paytm Payments Bank: RBI gov

Reserve Bank of India (RBI) governor Shaktikanta Das on Monday ruled out any review of the central bank's action against Paytm Payments Bank Ltd.(PPBL), saying the decision was taken after a lot of consideration and a comprehensive analysis of the lender's functioning.

Govt to bring in 14 QCOs amid FTA push

The Union government is planning to introduce 14 quality control orders (QCOS) covering 129 new products by the end of the year, two people aware of the matter said, in a move aimed at making India-made products more competitive globally.

'India's job creation engines must fire for rural populace"

Need to broaden jobs; but digital economy good enough to be replicated by rich nations

Urban jobless rate falls to 6.5% in Q3: Statistics ministry

The unemployment rate in urban areas fell to 6.5% in the three months to December, down from 7.2% in the same period of 2022, the ministry of statistics and programme implementation (MOSPI) said on Monday.

Aion readies Clix for sale, in talks to hire bankers

A private ion Capital, a fund of US-based equity (PE) firm Apollo Global Management, has started the process of exiting non-bank lender Clix Capital Services, two people aware of the matter said.

Factories power up; retail inflation falls

The Indian economy showed signs of resilience at the beginning of the year as industrial output rose and inflation fell, data released on Monday showed.

India eyes ghee for cheese in UK FTA

Traceability of ghee a stumbling block for trade negotiators

Till Dec, Ministries Used Up Only 68% Of Revised Budget Allocation

A large number of Union ministries had utilized only about two-thirds of their revised budgetary allocations for 2023-24 in the first nine months of the financial year.

Tesla Was Once About AI, Climate Change. Now What?

Elon Musk’s changing personal priorities raise questions about where the automaker is heading

How To Make Your Work Résumé Shine In AI Era

With the appraisal W season around the corner, employees across the country are equal part nervous and excited.

Doom Spending Doesn't Mean The Same As Caring For Yourself

Itis a nihilistic coping mechanism that can strip us of our savings

The strategy behind the budget lies embedded in its fine details

Indias deficit targets have won praise but the deft re-ordering of spending needed to achieve that has escaped public scrutiny

Science fiction must escape the dystopia it has trapped itself in

Books are increasingly filled with dread of the future at a time we need literature investing in hope

White paper: It's politics above economic fidelity

Even as political tools, such documents perform better by aiming for broad credibility. Its archival value would've been notable had it taken an even-handed look at the UPA decade

FLIGHT OF GOD'S OWN ANGELS DEEPENS INDIA'S HEALTH WOES

Long hours, poor working conditions, and miserable pay are driving nurses to distant shores