CATEGORIES

₹ falls 8 paise to hit 84.5 vs $ for first time

The rupee depreciated to a new low of 84.50 per dollar as foreign portfolio investors sold domestic equities amid escalating geopolitical tensions and a spike in crude oil prices.

US bribery taint melts Adani stocks

ADANI, OTHERS IN $265 MN BRIBERY CASE: KENYA CAN CELS Al RPORT, EN ERGY DEALS

At 122, harmful AQI days in 2024 six more than last year

Number of days with air AQI between 0 and 200 in Delhi has stood at 201 this year so far

Cricket's heavyweights pad up for pitch-perfect battle Down Under

\"Hello, and welcome to all our international viewers to the WACA Ground in Perth..,' For many, the understated, mellow Voice of Richie Benaud served as a window into a distant land where cricket was loud, aggressive, and played in colossal amphitheatre-like stadia.

Govt prepares logistics plan for metros to tackle traffic, pollution

The Centre has prepared a 'City Logistics Plan' for metros such as Delhi and Bengaluru for efficient freight and logistics movement within the city, a senior official of the Department for Promotion of Industry and Internal Trade (DPIIT) said on Wednesday.

NOT SO HOT ON HYBRID

A new report says EVs ancl CNG vehicles will outpace hybrids byfar

Voltas Well placed to improve market share

Analysts positive on volume-led growth that will reflect in stock price

Domestic business, lower guidance to weigh on PI Industries

PI Industries reported a revenue growth of 5 per cent year-on-year (Y-o-Y) in Q2FY25, led by a surge in the custom synthesis and manufacturing (CSM) segment and the export business, which posted 10 per cent growth.

CIEL HR files draft papers, eyes ₹335 crore via fresh issue

Chennai-based CIEL HR Services, which provides technology-driven human resources solutions, on Wednesday filed a draft red herring prospectus with markets regulator Sebi to raise funds through initial public offering (IPO).

Maharashtra poll results unlikely to move markets

The outcome of the Maharashtra Assembly elections is unlikely to shake domestic markets that have other bigger developments to worry about, according to analysts.

Period of easy returns now over, taper expectations: Motilal Oswal

The period of easy returns where rising tide lifts all boats is likely over, Motilal Oswal Private Wealth said in a recent note, citing the likelihood of a moderation in corporate earnings growth in the coming years.

SMEs voice concern over tighter IPO norms

Sebi has proposed an overhaul of SME IPO rules to curb fund diversion and malpractices

Smaller towns outrun cities in SIP account openings

B30 SIP accounts jump 42% in a year compared to 28% rise in T30 tally

Towards a US Jrl world

The world needs to return to a strong, rules-based international order - one step ata time

Rio realities

The broad-brush declaration lacks s Decif Ics

Charting the path to financial security

At the age of 42, Scott Galloway—a renowned professor, entrepreneur, and author—welcomed his son into the world. But instead of joy, he felt shame.

Expanding regulation

Proposals will improve governance in SME platforms

Shaping cities for the future

Cities are more than just a mere collection of buildings.

VW union for $1.6 bn cost cuts, no plant closures

Volkswagen workers offered on Wednesday to back 1.5 billion euros ($1.6 billion) in cost savings if it rules out closing plants in Germany, but warned the automaker would face an historic battle if it pressed ahead with swingeing cuts.

Ford to cut 14% jobs in Europe

Weak EV demand, poor govt support cited as reasons

Trump taps Lutnick, McMahon for key Cabinet roles

President-elect Donald Trump on Tuesday chose Cantor Fitzgerald LP Chief Executive Officer Howard Lutnick to lead the Commerce Department, a central position in an administration that will likely be shaped by proposals for sweeping tariff increases.

Israeli PM offers $5 mn reward for each hostage freed

NETANYAHU'S RARE GAZA VISIT

Putin open to Trump's Ukraine peace plan

Russian President rules out making any major territorial concessions

Urban voter apathy plays out in Maha polls again

Mumbai City district, comprising 10 seats, sees just 49% turnout till 5 pm

Mumbai's industry leaders ink their fingers for Maharashtra's future

Mumbai, the financial hub of India and the capital of Maharashtra, saw some high-profile people cast their votes on Wednesday.

'No evidence of exchange policy hurting exports'

The Reserve Bank of India (RBI) has said that recent claims by some experts, suggesting that the central bank's exchange rate policy stance has significantly impacted India's export competitiveness, are not supported by evidence.

RBI buys net $8.52 bn in H1FY25

LENDING SUPPORT

'Hoping to achieve in 5-6 years what we've in past 165 years'

At a time when foreign banks in lndia are recalibratingtheir operations and selling off portfolios to domestic players to focus on niche areas, HSBC India is lookingto strengthen its presence across various segments, including wealth management, corporate banking, startups, and its equity and debt capital markets businesses. HITENDRA DAVE, chief executive officer (CEO) of HSBC India, spoke with Ma nojit Saha and Subrata Panda in Mumbai aboutthe London-based bank's plans for India and how it aims to capitalise on the opportunities the country has to offer. Edited excerpts:

Focus on cooperation, not conflict: Rajnath to Chinese counterpart

Defence Minister Rajnath Singh on Wednesday met his Chinese counterpart Dong Jun in Laos where he called for drawing lessons from border clashes of 2020, and preventing the recurrence of such incidents along the India-China border.

EPFO added 1.8 mn members in Sep as employment rose

Retirement fund body EPFO recorded a 9.33 per cent growth in net member additions in September, totaling 1.88 million compared to the same month last year, according to payroll data released on Wednesday.