CATEGORIES

Climate change is now a real and pressing economic threat

Climate change is no longer just affecting lives. It's hurting the economy more than ever before, whether through extreme heat or rain bringing down farm output and driving up prices, or making countries adopt cross-border tariffs to factor in the costs of carbon reduction. And it's only going to get worse.

Govt spending may power recovery from growth lull

Boost from the festival season and resilient rural consumption are also likely to support growth in H2

RETHINKING THE PURPOSE OF ECONOMIC POLICY

The purpose of economic growth must be to improve the ease of earning and living for all

India's external trade braces for an action-packed '25

A silver lining is the border disengagement with China, followed by a bilateral meeting Modi and Xi

Poor concert infrastructure triggers a discordant note

India's booming concert scene faces a reality check as logistics fail to keep up with demand

Short-form apps' innovative, local content enthrals users

Regional creators, nano-influencers are redefining digital content by crafting authentic and localized stories

Google offers looser search deals as a remedy in US case

The offer comes even as the US government pushes to make Google sell its Chrome browser

Oyo acquires G6 Hospitality

The transaction is expected to add about 1,500 franchised hotels across the US and Canada to Oyo's portfolio

GEF Capital bets $20 mn on EPACK Prefab

GEF Capital Partners, which last week led a funding round in the global products and solutions unit of Vedanta-owned Sterlite Power Transmission, has made a fresh bet in the modular construction segment.

Adani to buy Air Works for ₹400 cr

Ahmedabad-headquartered Adani Group's defence arm Adani Defence and Aerospace on Monday entered into an agreement to acquire an 85.8% stake in Air Works, India's largest privately-held aircraft maintenance, repair, and overhaul (MRO) company.

High-speed data plans to target concertgoers

Users seek reliable data connectivity when they attend high-profile events

Mahindra arm narrows focus to 3 cities

Mahindra Lifespace Developers Ltd, the realty arm of the Mahindra Group, will pause fresh investments in the Delhi-National Capital Region (NCR) region, and narrow operations to markets where it can create a niche as a 'net zero' developer.

Polycab India is wired for growth and the stock reflects it

Charged up

Siemens stares at bumpy FY25

Not even Siemens's order inflow has been volatile lately due to chunky orders in some years.

In rare crackdown, Sebi halts trading in Bharat Global

BGDL's share price surged 105x over the past year, rising from ₹16.14 in Nov 2023 to ₹1,702.95 in Nov 2024

Banks push for new rate benchmark

A group of Indian lenders has asked the central bank to approve a new benchmark for overnight indexed swaps, according to people familiar with the matter.

Sensex, Nifty up after 5-day loss

The Nifty and Sensex dropped about 5% last week, the worst since June 2022

Rupee slips to all-time low pressured by weak yuan

The Indian rupee weakened to its lifetime low on Monday, pressured by weakness in the offshore Chinese yuan and strong dollar bids from importers, likely related to month-end payments, while state-run banks' dollar sales capped the decline.

In emerging markets, 'better luck next year' is a hard sell

Emerging markets-focused investors have had little to celebrate over the past year. Or, for that matter, over the past decade. Now, the prospect of Donald Trump's tariffs and trade wars has some considering abandoning them altogether.

Used car platforms set for bumpy ride ahead

GST hike on small cars to hurt margins; buyers, too, may have to pay more

Aakash's ex-CEO launches new edtech startup

Sparkl is an AI-powered online one-on-one tutoring platform focusing on 6-12 grades for IGCSE and IB curricula

GST on corporate sponsorships eased

Shifting the onus of remitting tax on sponsorship deals from the donor is set to enable the donor to lower its overall tax liability

PNGRB to expand LPG pipeline for safer transport, cost cutting

The Petroleum and Natural Gas Regulatory Board (PNGRB) is planning to expand India's pipeline network for safer and eco-friendly transportation of liquified petroleum gas (LPG), said Anil Kumar Jain, the chairperson of PNGRB.

India plans to import 20 more cheetahs, 2 elephants

India is in discussions with Kenya, Botswana and Tanzania to import 20 more cheetahs and two female elephants by March, two government officials said.

Regulators must coordinate to protect consumer rights

We are focusing on digital landscape, addressing emerging issues like data privacy, online advertising Pralhad Joshi Union minister of food and consumer affairs

Weather woes could crush sugar production hopes

Sugarcane yields in India are declining due to last year's drought and this year's excessive rains, which could reduce the country's sugar production below consumption levels for the first time in eight years, farmers and industry officials said on Monday.

Big money pours into housing finance firms

Fresh capital from PE, VC firms up tenfold in sector seen as less risky

Soaring fancy for flying premium lifts demand, airfares

Indians are opting to fly premium more often, especially on metro routes, as they seek better experiences and business travel grows. That's sent fares for such seats on aircraft soaring through the roof.

Wipro sees the quiet rise of veteran execs

Veterans at Wipro Ltd are steadily rising to the top in Srinivas Pallia's eight months in the corner office, at a time when India's fourth largest technology services firm is working to recover from a full-year revenue decline.

Vande Bharats to get a bullet boost

Home-made bullet trains may race down specialized railway corridors in the not-too-distant future.