CATEGORIES

Delhi HC quashes lookout circular against Ashneer Grover, wife

The Delhi High Court has ordered cancellation of a lookout circular (LOC) issued against Ashneer Grover, the former managing director (MD) of payment app BharatPe, and his wife Madhuri Jain Grover, noting that the FIR lodged against them over allegations of cheating and forgery has already been quashed.

Wilson & Hughes PE acquires travel firm Cox & Kings assets, brands

Iconic travel brand Cox & Kings, which went bust in 2019, is all set to make a comeback under a new owner, Singapore's private equity (PE) firm Wilson & Hughes which wants a pie of the fast-growing Indian travel market.

Any waiver to be sectoral, not just for Vi: Scindia

Minister reiterates Starlink will have to comply with all norms to get satcom services licence

Colonialism vs environmentalism

The premise of this collection of essays on prominent naturalists, mainly Indian, is notable, needed and quite frankly, inspirational. It contests effectively the widely held notions that love for nature and the creation and adoption of methods that help the environment are Western constructs and inventions that India has adopted.

Slowing capex

Recognising growth dynamics is necessary instead of changing norms to chase expenditure targets

Foreign funding

Higher FDI will improve growth outcomes

Credit for growth

Flow of credit can improve MSME performance

Key to Maharashtra's growth

India's economic reforms, which began in 1991, have created significant and unexpected outperformers and underperformers in terms of states' relative economic growth.

COP29 agreement a boost for India's carbon market ambitions

Pact enables climate action by raising carbon credit demand

US imposes methane fee on oil, gas producers...

US President Joe Biden's administration on Tuesday finalized a methane fee for big oil and gas producers meant to slash emissions of the powerful greenhouse gas, but which is likely to be scrapped by the incoming presidency of Donald Trump.

Brits can't buy new Jaguars for a year amid EV shift

Monday came and went without much fuss about a major bit of British automotive history: Jaguar, the go-to car marque for prime ministers and members of the royal family, stopped selling any new vehicles in the UK.

SoftBank back in black helped by Indian IPO mkt

SoftBank swung to its biggest quarterly profit in two years on a series of successful Indian listings, giving its founder Masayoshi Son more ammunition for his next bet.

Shell wins appeal in landmark climate case

Friends of the Earth Netherlands says it would continue its fight; firm terms the decision right for global energy transition

Trump to choose China hawk Rubio as secretary of state

President-elect turns to allies on Capitol Hill to fill top Cabinet posts

ED raids 17 places in Jharkhand, Bengal over 'Bangladeshi infiltration' case

The Enforcement Directorate (ED) on Tuesday raided multiple locations in poll-bound Jharkhand apart from West Bengal in a money laundering investigation linked to alleged illegal infiltration of Bangladeshi nationals, official sources said.

States should list gencos, discoms: Khattar

Citing that the country's power sector would require investments to the tune of ₹22 trillion in this decade, Union Minister for Power M L Khattar (pictured) urged states to publicly list their profit-making entities.

Day before polls, Cong promises caste-based Census in J'khand

The Congress on Tuesday released its manifesto for the Jharkhand Assembly elections promising 250 units of free electricity, caste-based Census, and filling up of all vacant government posts within a year.

NFRA for audit standards in line with global norms

Recommends revision that will hold group auditor responsible for the audit

Premiums of non-life insurers up 28% in Oct

Non-life insurers have reported a 27.53 per cent year-on-year (Y-o-Y) growth in premiums in October, supported by growth in standalone health and multi-line insurers.

'May reach $100 bn trade volume with Russia ahead of 2030'

India is confident of achieving $100 billion in annual bilateral trade with Russia well ahead of the timeline of 2030 and a more substantive relationship between the two nations has a larger global resonance, External Affairs Minister S Jaishankar said on Tuesday.

India Inc files ECB intent of $4.84 bn in September

Indian corporates, including non-banking financial companies (NBFCs), filed proposals in September 2024 with the Reserve Bank of India (RBI) to raise $4.84 billion through External Commercial Borrowings (ECBs).

₹ hits new intraday low of 84.41

The rupee depreciated to a new intraday low of 84.41 per dollar as foreign portfolio investors continued selling domestic equities amid persisting demand for the greenback, said dealers.

SBI eyes ₹10K cr via infra bond

State Bank of India (SBI), India's largest lender, is looking to raise ₹10,000 crore through 15-year infrastructure bonds as early as next week, said multiple sources aware of the development.

Further upside likely in factory output

\"The retail inflation in November 2024 is expected to be around 6 percent,\" said Paras Jasrai, economist at India Ratings.

Rich nations try to shift pollution responsibility to India, China

Developing countries in Asia, including India, and climate activists are seeking over $1 trillion annually as grants alone from rich, polluting nations as compensation for climate change in the runup to COP 29 in Baku, Azerbaijan, the world's biggest climate event, which began this week, according to delegates and observers at the COP29 event in Baku.

PSBs clocked 11% growth in H1FY25

The Union Finance Ministry on Tuesday said that aggregate business of public sector banks (PSBs) has shown strong growth of 11 per cent in the first half of the financial year 2024-25 (H1FY25) to touch ₹236 trillion.

FM: May ease tariffs if no harm to economy

The government may take back the increased tariffs on products that do not harm the domestic industry, Union Finance Minister Nirmala Sitharaman said on Tuesday.

L&T bags over ₹15,000 cr NTPC order for thermal power plants

This is one of the biggest order wins for the company in the domestic market

States' borrowings at 60% of Dec target

Officials say lower borrowings a sign of prudent fiscal management

Nykaa profit up 66% on beauty, fashion biz

FSN E-Commerce Ventures, the parent company of beauty and fashion brand Nykaa, on Tuesday reported a 67 per cent rise in its net profit to ₹13 crore for the second quarter of financial year 2025 (Q2FY25), compared to ₹7.8 crore in the year-ago period.