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Vishal Mega Mart's $944 million IPO fully sold on second day

Vishal Mega Mart Ltd.'s $944 million initial public offering was fully sold on the second day of the sale, driven by strong demand from high-networth and retail investors.

Industrial output at 3-month high of 3.5% in Oct

India's industrial output rose to a three-month high of 3.5% year-on-year in October, helped by a pickup in consumer durables and garment manufacturing during the festival season, government data showed on Thursday.

It's newbies versus biggies in quick drug delivery space

NEW DELHI: As Flipkart and Swiggy prepare to add medicines to their quick-delivery portfolios, relatively unknown entities such as Medino's, Medstown, and Plazza have started 30-minute services in smaller cities and are looking to raise funds to expand and take on the giants.

Auto component industry grows 11% to ₹3.32 lakh cr in H1 FY25

NEW DELHI: The automotive components industry grew 11% year-on-year to ₹3.32 lakh crore in the first half of the current fiscal, industry body Acma said on Thursday.

India needs $2.2 tn infra funds to be $7 tn economy by '30: Report

NEW DELHI: India will require an investment of $2.2 trillion for infrastructure development to become a $7 trillion economy by 2030, Knight Frank India said on Thursday, while stressing the need for radical measures to encourage private participation in this area.

ROSNEFT, RELIANCE AGREE BIGGEST EVER INDIA-RUSSIA OIL SUPPLY DEAL

Russia's state oil firm Rosneft has agreed to supply nearly 500,000 barrels per day (bpd) of crude to Indian private refiner Reliance in the biggest ever energy deal between the two countries, three sources familiar with the deal said.

BLUESTONE FILES FOR INDIA IPO, TO SELL NEW SHARES WORTH $118 MN

India's Bluestone Jewellery and Lifestyle filed for an initial public offering on Thursday, aiming to cash in on a booming IPO market in a country that is also the world's second-biggest gold consumer.

India, EU eye mutually beneficial FTA: Goyal

NEW DELHI: India and the European Union (EU) are working towards a balanced, ambitious, comprehensive and mutually beneficial free trade agreement (FTA), said the ministry of commerce and industry in a statement on Thursday.

November retail inflation eases on easing food price

NEW DELHI: India's retail inflation eased in November as soaring vegetable prices moderated, boosting expectations of an interest rate cut by the central bank at its next policy review amid concerns around slowing growth.

Govt may raise green bond target by 25% for FY26

The govt plans to use this fund to boost climate-friendly projects' financing

BRAZIL PREZ LULA TO UNDERGO NEW PROCEDURE AFTER 1ST BRAIN SURGERY

Brazilian President Luiz Inácio Lula da Silva underwent a new procedure on Thursday, following up on an unplanned surgery earlier this week for a brain bleed, doctors said.

S Korea's Opposition files 2nd motion to impeach prez Yoon

The opposition requires at least eight ruling party votes to pass the motion and seven members have hinted at backing Yoon impeachment

Blinken Visits Jordan in Syria diplomacy push

AQABA: US Secretary of State Antony Blinken and Jordan's King Abdullah II called for a secure Syria as the top US diplomat opened a regional tour, on Thursday, following the overthrow of Bashar al-Assad in Damascus.

Luigi Mangione's murder charge spurs donations

NEW YORK: In the days since Luigi Mangione was charged with murder for gunning down a top health insurance executive, more than a thousand donations have poured into an online fundraiser for his legal defense, with messages supporting him and even celebrating the crime.

Israeli strikes on Gaza kill 35 people: Report

CAIRO: At least 35 Palestinians were killed early on Thursday in Israeli bombings of various areas in the Gaza Strip, the Palestinian news agency WAFA reported.

Trump taps immigration hard-liner Kari Lake as head of VOA

WASHINGTON: President-elect Donald Trump said on Wednesday that he's picking Kari Lake as director of Voice of America, installing a staunch loyalist who ran unsuccessfully for Arizona governor and a Senate seat to head the congressionally funded broadcaster that provides independent news reporting around the world.

Maha teachers flag rising workload with new scheme

MUMBAI: Teachers of government and state-aided schools in Maharashtra are up in arms over the state education department's decision to carry out physical inspection of adult literacy classes running under the ULLAS (Understanding of Life-long Learning for All in Society) Nav Bharat Saaksharta Karyakram or New India Literacy Programme.

Nudging government to conserve wetlands

The Supreme Court's order on Wednesday to states to protect 30,000 additional wetlands, over the 2.01 lakh already being conserved under a 2017 order, is a timely intervention.

The US deep state and its discontents

The idea of a State within a State is not entirely imaginary. With the political rise of Trump, the spectre of a deep state has become a bugbear in Right-wing circles

Supreme Court draws the line

Directive to lower courts to keep off pleas seeking to undermine the Places of Worship Act is timely

Battle against low visibility takes off in Indian aviation

As we head into the annual winter chaos in aviation—the fog that envelopes large parts of North India in December and January—a feeling of dread begins to accompany all ticket bookings by passengers coming into the region.

A candlelight revolution in the making in South Korea

The dramatic turn of events in South Korea, initiated by President Yoon Suk Yeol's declaration of martial law on December 3, has plunged the country into a political crisis.

12-metre-long buses will not run on congested roads: BEST

THE TRANSPORT FACILITY IN MUMBAI TOOK THE CALL IN THE AFTERMATH OF THE BUS ACCIDENT IN KURLA WHERE 7 DIED AND 42 WERE LEFT INJURED

PM2.5 exposure leads to 1.5mn deaths per yr in India

Long-term exposure to PM2.5 pollution concentrations higher than the World Health Organisation's (WHO) annual average guideline of 5 µg/m³ is potentially associated with 1.5 million deaths annually in India, according to a study published in The Lancet Planetary Health on Wednesday.

Laws are being tweaked to boost ease of doing biz

INTERVIEW | SARBANANDA SONOWAL, UNION MINISTER

Willow: What Google's landmark error-correcting chip means for the world of quantum computing

NEW DELHI: Google has just announced a new quantum chip, Willow, and the breakthrough needs to be read right in order to understand its implications.

EYE ON POLLS, AAP UNVEILS MONTHLY ASSISTANCE FOR WOMEN IN DELHI

AAP supremo Arvind Kejriwal on Thursday announced the launch of the Mukhya Mantri Mahila Samman Yojna to give a monthly assistance of ₹1,000 to women in Delhi, and promised the amount would be raised to ₹2,100 after the elections.

List of ministers ready, central leaders to take last call, says Fadnavis

Maharashtra chief minister Devendra Fadnavis on Thursday said the names of the probable ministers from the BJP in his cabinet have been short-listed and the final decision will be taken by the party's central leadership.

Rainfall likely over TN, Puducherry today: IMD

The India Meteorological Department has predicted light to moderate rainfall over most parts of Tamil Nadu, Puducherry and Karaikal area with thunderstorms and lighting expected at isolated locations on Friday and Saturday.

Bus catches fire, charred to skeleton on Agra-Lucknow e-way

AGRA: A sleeper private bus caught fire within the limits of the Fatehabad police station of Agra district on the Agra-Lucknow Expressway in the wee hours of Thursday.