CATEGORIES

DITCHED BY THE RICH, VODKA NEEDS A NEW SPIRIT

Indians buy tons of cheap vodka, but gin is the runaway leader in consumption growth when it comes to premium white spirits

SoftBank returns to health with a bump from AI

Global tech investor SoftBank is finally getting something out of AI. SoftBank shares surged 11% Thursday in their biggest daily jump in nearly two years, thanks to a jump in sales at its subsidiary Arm, a giant chipdesign company that has benefited from enthusiasm about artificial intelligence.

American CEOs visiting China can't escape having to dance on stage

American CEOs traveling to China face big challenges. Perhaps the most terrifying? The local tradition that business leaders dance and sing on stage to huge crowds.

India to replace its troops in Maldives with technical personnel

India said on Thursday that it will replace its troops stationed in the Maldives with technical personnel, in a move that could ease strained bilateral relations.

Spectrum sale, rail projects of ₹12,300 crore get Cabinet nod

The Union cabinet on Thursday approved auction of 10,523 MHz of telecom spectrum in multiple bands, including 5G, and aims to mop up ₹96,317.65 crore, minister for information and broadcasting Anurag Thakur said.

Indian airports seek digital boost: SITA

Indian carriers are also showing interest in the firm’s tech to cut emissions

Delhi HC's ruling to hit social media sharing

Experts say users could face legal action for reposting libellous posts

Disney+Hotstar picks up

In December quarter, paid subscriptions have increased—the first time since it lost IPL rights

For young, rich globetrotters, vacations are me-time

Young travellers are seeking out luxurious, bespoke, adventurous experiences when they plan holidays

The new 'it' thing in men's fashion: scoop necklines

Designers and high-street labels are experimenting with a deep-neck trend

Can Berger Paints sustain margin amid growing competition?

Berger Paints India Ltd outperformed its larger peers on revenue growth in the December quarter (Q3FY24).

RBI's inflation outlook, policy stand fail to soothe markets

The Indian stock markets tumbled nearly 1% on Thursday following the Reserve Bank of India's decision to keep rates unchanged for the sixth time in a row, signalling its reluctance to lower interest rates anytime soon.

Trent continues to grab eyeballs

Just when you thought Trent Ltd had done its best, the apparel retailer surprised its investors, yet again.

Seven textile parks in PM MITRA scheme to get developers by March'24

The selection of infrastructure developers for seven mega-textile parks will be completed by the end of March, two officials said, as India makes a push for becoming a textile manufacturing hub.

Petronet to start gas supply for Sri Lankan power plants in "25

State-run Petronet LNG is expected to supply liquefied natural gas (LNG) to Sri Lanka starting in 2025, said the company's managing director and chief executive officer A.K. Singh.

OVL eyes Venezuelan projects

With US sanctions on Venezuela lifted, state-run ONGC Videsh Ltd (OVL) is in talks with the Venezuelan government for operating two oil and gas projects in the country, said Rajarshi Gupta, managing director of the company.

Govt targets hoarders, cuts pvt wheat stock limits again

Move comes after the consumer food price index rose to 9.5% in Dec from 8.7% in November

Musk opens new front in Disney fight

Elon Musk is intensifying his feud with Disney. Musk, the billionaire owner of X, is soliciting people who want to sue Disney for discrimination. He says he is willing to help pay for their cases.

IT casts skill filter for campus picks

In a year of thinning campus recruitments, two of the three large IT companies that still plan to hire freshers have told engineering colleges that they will prefer only those with certifications in advanced software skills.

White paper triggers govt-opposition clash

The ruling National Democratic Alliance (NDA) government and the opposition Congress party locked horns on Thursday, over a paper tabled in the Lok Sabha by finance minister Nirmala Sitharaman accusing the previous United Progressive Alliance regime of undermining the country's macroeconomic fundamentals, and the Congress hitting back at the government citing price rice and unemployment.

How fears of China link shut the doors on a Paytm venture

Paytm's troubles with the authorities started much before India's central bank announced strictures on its associate company, Paytm Payments Bank, on 31 January.

We give all enough time to comply: Das on Paytm

The central bank on Thursday said it imposed restrictions on Paytm Payments Bank because of persistent noncompliance, insisting that it resorted to such measures only after prolonged engagement with the entities involved.

Rates on hold in last mile on disinflation

RBI expects GDP growth at 7%, inflation at 4.5% in 2024-25

Powell reduced Fed flexibility by going off-script post-policy

He broke with official policy by almost ruling out a March rate cut

The interim budget features hits and misses on climate pathways

It has worthy initiatives. India's carbon reduction must go by hard-nosed realism so that we don't back-load climate action

Maximize the Innovation Fund's impact by focusing on key goals

It must focus on high-tech manufacturing, industrial decarbonization and export competitiveness

Is a truly uniform civil code possible in India?

Uttarakhand's UCC proposal does aim at gender justice in family matters, but falls short on uniformity. Its live-in rules intrude on conjugal relations and its prism is heteronormative

HDFC vs ICICI: A tale of two fund houses and their BAFs

Deciding which balanced advantage fund is better for you depends on your risk appetite

THE LONG WAIT FOR INDIA'S FIRST AGRITECH UNICORN

Interest rate hikes and investor caution have led to a more prudent investment climate

Thali becomes cheaper in Jan on fall in onion, tomato prices

Non-vegetarian thali cost fell 8% last month, as broiler prices declined significantly