CATEGORIES

Work From Office, Fewer IT Jobs Kill Moonlighting Spirit

Moonlighting has waned in the tech services sector as a subdued job market, fewer freelance gigs and back-to-office policies shrink opportunities for employees keen to make a quick buck on the side.

Igloo-inspired dome stays, the latest in luxury camping

From the desert to the mountains, geodesic domes’ are sprouting across the country as glamping’s new trend

Persona theft need not always result in injury

The Delhi high court's order barring the unauthorized use of actor Anil Kapoor's persona is understandable in the age of AI. Over-strictness on this, though, could punish harmless fun

Why VPF, NPS should be in your retirement portfolio

The interest rate is comparatively higher and these have the advantage of tax benefits

INSIDE INDIAN AVIATION'S HIGH-STAKES BATTLE

Between FY19 and FY23, Indian carriers have gained more share of international traffic

Piaggio India sees a premium tide rising

Co will launch its Aprilia high-performance motorcycles in 2024

Savings trend due to preference for homes: FinMin

The finance ministry on Thursday sought to address concerns expressed by economists about the reducing magnitude of financial savings added by households, attributing it to people's preference for non-financial assets such as homes.

India-Canada airfares soar amid troubled ties

Last-minute airfares in India-Canada routes have gone through the roof, as travellers advance their plans in the wake of a growing rift between the two countries.

BoE keeps rates unchanged for first time in nearly two years

The Bank of England has brought the most aggressive cycle of interest-rate rises in more than three decades to a close amid falling inflation and mounting fears of recession.

Easier debt rules for large cos

The board of the Securities and Exchange Board of India has made it easier for large companies to raise debt financing.

FIIs plough into realty stocks though home loan rates have gained

Shares of Indian real estate companies are attracting a lot of attention from foreign institutional investors (FIIs). In fact, absolute equity holdings of FIIs in real estate stocks as on 15 September was the highest so far in 2023, showed the data compiled by Yes Securities.

For Fed, RBI, it's same battle, different fields

The US Federal Reserve (Fed) is back to a pause again. Following a status quo in June, and a 25 basis point (bps) rate hike in July, the Fed held its policy rate steady in September, in line with market expectations. With this, after a spate of rate hikes since March 2022, the benchmark Fed funds rate now stands at 5.25-5.50%, the highest since 2001.

Online scams using QR codes, OTPs on the rise

Financial fraud estimated at 80% of cybercrimes, says non-profit FCRF

Nvidia chief Huang touts India as major Al market

During a five-day tour of India earlier this month, Nvidia Corp. chief executive officer (CEO) Jensen Huang visited four cities, dined with tech executives and researchers, took numerous selfies, and sat for a one-on-one conversation with Prime Minister Narendra Modi about the artificial intelligence (AI) sector. Huang's India itinerary was so crammed that he confessed to surviving entire work days on spicy masala omelettes and cold coffees.

'Govt on course to achieving 12% ethanol blending target this year'

The Centre is confident of reaching its target of 12% ethanol blending with petrol target by the end of the current ethanol supply year ending October, Union food and public distribution secretary Sanjeev Chopra said on Thursday.

Road ministry revives focus on BOT

The Union road ministry plans to directly award road projects under the Build, Operate, Transfer (BOT) model with easier terms this fiscal year, aiming to attract private investors.

'India hopeful about climate financing at UN conference'

India is optimistic that the UN conference on climate change slated to be held in Dubai later this year will bring greater clarity on the “financial pathways\" needed in the fight against climate change, according to environment, forest and climate change secretary Leena Nandan. In doing so, it is likely to build upon the declaration adopted at the recent G20 leaders’ summit in New Delhi, she said in an interview ahead of the 28th Conference of the Parties (COP) of the UN Climate Change Conference, to be held from 30 November-12 December. Edited excerpts:

HDFC AMC gets RBI approval to raise stakes in five pvt banks

HDFC Asset Management Co. Ltd, or HDFC AMC, has secured the Reserve Bank of India's (RBI's) approval to raise its stake to 9.5% in five private lenders, signalling growing investor interest in private lenders and a potential bullish trend.

Murdoch to step down as chair of Fox, News Corp

Rupert Murdoch is stepping down as chair of Fox building a media empire over seven decades that revolutionized news and entertainment and made him one of the world's most influential and controversial tycoons.

India suspends visa services in Canada

India temporarily suspended visa services in Canada, citing heightened security threats to its missions, while also directing Ottawa to cut its diplomatic strength in India, marking an escalation in tensions. New Delhi alleged a lack of action by Canadian authorities to deal with the threats.

Centre seeks inputs over FDI dip worries

Govt plans to address issues that hinder foreign investments

Why fintech apps ask you to open a demat account

Most such apps make profits by cross-selling other financial products to their customers

Sunak dilutes green agenda, delays ban on new petrol cars

The British prime minister has pushed back UK’s ban on sale of new petrol and diesel cars by five years to 2035

DEVANS ventures into premium spirits

GianChand single malt maker DeVANS Modern Breweries Ltd aims to diversify into various spirit categories including premium gin, whisky, and stout beer

Total may lead Adani plan to raise $1.5 bn for green power

The French firm’s 300 mn investment in JV with Adani Green reaffirms its commitment

Akasa gets nod to fly overseas

Aviation regulator to look into availability of bilateral air traffic rights following approval granted to the airline

Ola Electric writes to i-banks for $700 mn IPO filing by end Oct

India's Ola Electric plans to file regulatory papers for its up to $700 million IPO before the end of October as the e-scooter maker fast-tracks its listing move, three people with direct knowledge said

Nomura trims HDFC Bank to neutral, stock closes 4% down

Shares of HDFC Bank Ltd fell as much as 4.2% after Nomura Holdings Inc. downgraded the stock, prompted by the lender's lowered revision of the business absorbed from its parent

BHEL shines on order inflows, but execution needs to catch up too

Bharat Heavy Electricals Ltd (BHEL) stock is having its moment in the sun. The capital goods company’s shares have risen by a whopping 56% so far in 2023, aided by robust order inflows. In comparison, the Nifty 500 index has gained only 13%

Asia Healthcare acquires AINU

600 cr buyout of nephrology urology-focused chain marks Asia Healthcare's entry into a fourth speciality