CATEGORIES

Sri Lanka president begins China visit

Anura Kumara Dissanayake's first overseas visit as president was to India in December. — BLOOMBERG

US Sanctions Push Up Oil Shipping Rates

Supertanker freight rates jumped after the US expanded sanctions on Russia's oil industry, sending traders rushing to book vessels to ship supply from other countries to China and India, shipbrokers and traders said.

Global EV sales up 25% in record 2024

Electric car sales rose by 25% globally last year, surging in China but slowing in Europe, according to figures published Tuesday by the British consultancy Rho Motion.

LinkedIn lacks tools for disclosure: ASCI

(ASCI) on Tuesday said popular professional networking platform LinkedIn lacks disclosure tools and asked content creators or influencers to come clear on their associations.

Parliament Panel to Summon Meta

Seeking an apology from social media giant Meta for \"tarnishing\" India's image, Bharatiya Janata Party member of Parliament Nishikant Dubey, who heads Parliament's standing committee on communications and information technology, on Tuesday said the panel will summon the firm following its chairman's comments that India's ruling dispensation lost the Lok Sabha election last year.

Shoppers Stop Sees 41% Jump in Profit

Shoppers Stop Ltd posted a rise in quarterly profit on Tuesday, after two straight quarters of loss, driven by strong demand for premium products such as watches and perfumes during the festive season.

UK Launches Probe Into Google Search

Britain's competition watchdog on Tuesday launched an investigation into Google's dominant position in the search engine market and its impacts on consumers and businesses.

'Slow EV ramp-up hurting Hyundai'

A slow ramp-up of electric vehicle (EV) sales for Hyundai and its affiliate Kia in India and increased sales of petrol-engine SUVs are undermining their decarbonization efforts, Greenpeace East Asia said on Tuesday.

Centre begins talks for easing MSMEs' compliance burden

Focus also on financing hurdles faced by the sector employing over 216 mn people

'Paris Agreement in grave danger'

The WMO's Celeste Saulo pointed out that 2024 was the hottest year on record globally.

China reins in its once-freewheeling finance sector with purges and pay cuts

Xi's campaign against capitalist excess ushers out internationally experienced financiers for a new generation of loyal functionaries

Hanging out at Starbucks? You now need to order something

The new code of conduct for customers is part of the coffee giant's effort to make its stores more hospitable

Soaring star fees threatening the profitability of regional cinema

However, it's not fair to expect top stars to settle for peanuts when the recovery runs into crores, say trade experts

Credit-Deposit Gap Widens

Deposit growth fails to keep pace with advances in 2024, highlighting the challenges for the banking sector

China Officials Discuss TikTok Sale to Musk

The core of TikTok's video-sharing app is the algorithm containing software code originally written by its parent, ByteDance, for figuring out what users want to watch and delivering relevant content to them.

2025 to be India's year in chips

With India set to produce its first chip by August, 2025 will be the country's year in semiconductors, Ashwini Vaishnaw, minister of electronics and information technology, railways, and information and broadcasting, said in an interview with Mint.

How Can India's Consumption Growth Be Revived?

Net tax burden on households now exceeds 20% of private consumption spending

Adani in talks to acquire Emaar India stake for up to ₹5,000 cr

Just a month earlier, Emaar India, which recorded a total income of ₹2,756.6 crore in FY24, up from ₹1,765.8 crore in FY23, entered the real estate market in Mumbai with a holiday home project in Alibaug.

Spat over, BharatPe back on track for profitability, IPO

BharatPe has registered a GMV of ₹15,500 crore from both its merchant and consumer businesses

Automobile Dispatches Rise 12% in 2024: Siam

Automobile dispatches from companies to dealers rose 12% last year compared to 2023 on the back of positive consumer sentiments which aided robust demand for two-wheelers, industry body Siam said on Tuesday.

Hunger games: Battle for fast food delivery heats up

Zepto outpaced Blinkit and Swiggy with its quick food delivery service, Zepto Cafe in 2022

Govt seeks quality compliance plan from MSME drugmakers

The drug quality norms are being tightened after the medicines made in India failed overseas quality tests

New RBI governor signals he's open to more flexible rupee

The currency tumbled by the most in nearly two years on Monday to cross the symbolic 86 a dollar level

Power thieves dragging one of India's oldest power utilities

Lacking charge

HCL valuation's a touchy point

Persisting trend?

India's $556 billion equity rout to worsen as growth cools

Investors are expecting Indian stocks to post another quarter of losses as a slowdown in economic growth and sticky inflation hurt corporate earnings and foreign flows.

India Eyes Stake Sales in Five Lenders

The aim is to bring down the government's holding in the lenders to below 75%

Sebi Mulls New Demat Norms

Sebi Proposed Mandating Listed Companies to Issue Securities Only in Demat Form Following Stock Split

AM Green partners DP World for green H2 supply chain

Reeneko founders-backed AM Green has partnered with global logistics giant DP World to establish advanced logistics and storage infrastructure in India and overseas to accelerate exports of green hydrogen.

IMD aims to improve its forecasts

India aims to improve its weather forecasting accuracy by 10-15% in the next five years by installing more radars and observational systems, India Meteorological Department (IMD) director general Mrutyunjay Mohapatra said on Tuesday.