CATEGORIES

India on track to achieve 6.5-7% GDP growth: CEA

Chief Economic Advisor (CEA) V Anantha Nageswaran on Thursday said India is on track to achieve 6.5-7 per cent GDP growth for the current financial year, pencilled in Economic Survey.

Avoid protectionism that hinders trade: Commerce secretary

Commerce Secretary Sunil Barthwal on Thursday said the world needs to avoid the kind of protectionism which creates more barriers that hinders trade.

'India needs to ramp up structural reforms'

World Bank Chief Economist Indermit Gill said on Thursday that although India is better positioned than many of its peers to navigate the current global challenges, it should accelerate its structural reforms.

‘India needs to ramp up structural reforms’

World Bank Chief Economist Indermit Gill said on Thursday that although India is better positioned than many of its peers to navigate the current global challenges, it should accelerate its structural reforms.

India lays stress on 'transition period' for EU green norms

Shares discussion paper flagging possible disruptions

Titan eyes 20 Zoya stores over next 3 to 4 years

Titan's luxury brand Zoya is eyeing 20 stores in the next three to four years, CEO of the brand's jewellery division, Ajoy Chawla, said on the sidelines of a Zoya boutique launch in Kolkata, marking the entry of the brand in East India.

Delhi HC junks ₹5K cr demand against Indus Towers

The Delhi High Court on Thursday allowed a plea challenging the show-cause notice (SCN) seeking to deny the input tax credit (ITC) on inputs and input services used for setting up passive infrastructure and quashed the ₹5,454 crore demand raised against Indus Towers Ltd.

FMCG firms passing 3-7% of price rise to consumers

Fast-moving consumer goods (FMCG) companies are increasing prices but are not passing on the entire price hike to the consumer as rural markets have just about begun to witness revival while urban demand is stagnating.

Sterlite Power raises ₹725 crore to fuel GPS biz expansion

Leading power transmission player Sterlite Power on Thursday announced raising ₹725 crore for its global products and services (GPS) business from GEF Capital Partners and ENAM Holdings.

Govt announces formula for classifying 'green steel'

The steel ministry on Thursday announced a formula for defining 'green steel,' classifying it under three categories based on the quantity of carbon emissions per metric tonne of the alloy produced.

Auto industry bodies send SOS to govt on steel imports

Two leading auto industry bodiesAutomotive Component Manufacturers Association of India (Acma) and Society of Indian Automobile Manufacturers (Siam)have urged the Ministry of Steel and the Ministry of Heavy Industries to lift restrictions on certain steel imports, citing concerns over potential disruptions to automobile production in India.

'We should double in size in 5 years'

Bajaj Finance has recently unveiled its long-range strategy for the next five years, where it has said the company will pivot from financial technology to FinAl. RAJEEV JAIN, managing director of Bajaj Finance, shares the milestones the company aims to achieve in the next five years in a telephonic interview with Manojit Saha. Edited excerpts:

Samsung accuses CCI of detaining employees, seizing data unlawfully

Samsung has accused the Competition Commission of India (CCI) of unlawfully detaining its employees and seizing data in a raid carried out in connection with an antitrust investigation on Amazon and Walmart's Flipkart, a legal filing shows.

Retail inflation eases to 5.48%

With the slowdown in food prices and a high base, which is favourable, India's retail inflation rate, based on the consumer price index (CPI), fell within the Reserve Bank of India's (RBI's) tolerance band at 5.48 per cent in November, from a 14-month high of 6.21 per cent in October, raising hopes of a much anticipated policy rate cut in the February review.

Rosneft inks record oil supply deal with RIL

To supply up to 500K bpd; transaction estimated at $13 bn per year

Gukesh draws against Liren in 13th game

Indian Grandmaster D Gukesh (pictured) tried his best but could not break past a resilient defending champion Ding Liren of China and had to settle for a draw after 68 moves in the 13th and penultimate game of the World Chess championship on Wednesday.

Indian tourist boom spurs revival in US hotel revenues

US hotels and travel companies are aiming to tap a surge in Indian tourists to boost revenue as domestic leisure spending falters and demand from East Asian countries remains below pre-pandemic levels.

First human gene therapy for Hemophilia A now in India

Offering hope to around 136,000 Hemophilia A patients in India, the Department of Biotechnology (DBT) along with the Centre of Stem Cell Research (CSCR) at Christian Medical College (CMC), Vellore announced that they have successfully executed a first-in-human gene therapy using lentiviral vectors for the disease.

Pollution levels drop across India as weather improves

Pollution levels across the country are declining due to changing weather conditions.

Willow sets the stage for AI's quantum leap

With Google announcing the milestone of Willow—a state-of-the-art quantum computing chip that can solve complex problems in under five minutes, a computation so complex it would have taken a supercomputer around 10 septillion years to complete—tech experts believe this breakthrough could impact artificial intelligence (AI), particularly by making it more accessible to the masses.

Content overload causing indigestion

PRASOON JOSHI (53) began as a writer in his teens, did an MBA and then got into advertising. From Daag Ache hain (Surf Excel) to Thanda Matlab Coca-Cola, his work shone with an Indianness that changed the way marketers spoke to consumers. His second foray into writing, as a lyricist (Taare Zameen Par, Delhi 6, etc), dialogue writer (Rang De Basanti) and then a scriptwriter (Bhaag Milkha Bhaag) has been successful. In 2017, he became the head of the Central Board for Film Certification (CBFC). In November this year, Joshi forayed into theatre, with Rajadhiraaj: Love. Life. Leela., a musical depicting the journey of Shri Krishna. In a video interview, Vanita Kohli-Khandekar spoke to Joshi about the play and other things. Edited excerpts:

STAR TREK

As Mercedes completes three decades in India, its three-pointed star sits atop the luxury table. What drives it?

UNREGULATED BOND PLATFORM MENACE Go with regulated entity: Listed bonds subject to ratings, oversight

The Securities and Exchange Board of India (Sebi), through a circular dated December 5, 2024, warned investors against transacting on unregulated online bond platforms that promote unlisted securities.

AI-first, low-cost leader: Bajaj Fin's path to FY29

Bajaj Finance (BFL) shares rose 3.3 per cent intraday to ₹7,165 apiece before closing 2.6 per cent higher (₹7,116) on the BSE on Wednesday.

Day 1: MobiKwik booked 7x, Vishal Mega Mart gets 51% subscription

The initial public offering (IPO) of One MobiKwik Systems was subscribed 7.3 times on Wednesday, on the first day of offer.

Varun Beverages' growth strategy could help investors reap benefits

Varun Beverages (VBL) has increased its Africa presence with the acquisition of two major beverage companies, and completed the acquisition of a remaining stake in a third entity.

George Heber to become Jio BlackRock's 1st CIO

Company insider George Heber Joseph will be the first chief investment officer (CIO) of the newly-incorporated joint venture firm Jio BlackRock Asset Management Company (AMC).

Sensex, Nifty close with marginal gains

Benchmark equity indices Sensex and Nifty closed higher in restricted trade on Wednesday as investors awaited key US inflation data for further cues.

SIP net additions fell to six-month low in Nov

Experts cite festival holidays and wedding season as reason for dip

Stable govt, GDP growth to help India attract foreign investors

India is drawing global attention from investors due to its stable government, robust legal system, and fast-paced economic growth, tells STEPHEN DAINTON, president of Barclays Bank PLC and head of Investment Bank Management, in an interview with Dev Chatterjee and Jaden Mathew Paul at Barclays' new office in Mumbai. With over 30 years of experience in global markets, including trading, sales, and capital markets, Dainton also talks about how the markets are responding to the geopolitical events globally. Edited excerpts: