CATEGORIES

After six years of GST, ₹1.5 tn monthly tax revenue is the 'new normal'

Tax officers are using data analytics, artificial intelligence and machine learning to curb tax evasion.

India, Israel to boost ties in agriculture

India and Israel are planning a slew of initiatives to bolster their cooperation in agriculture, said Ohad Nakash Kaynar, Deputy Chief of Mission at Israel’s Embassy in New Delhi.

Hotel demand soars as travellers return

The Khyber Himalayan Resort & Spa in Gulmarg, Jammu and Kashmir, has witnessed a surge in demand this summer, unlike anything it has seen in its over a decade of operation.

UAE gold imports fall despite pact

Gold shipments from the United Arab Emirates (UAE) have nearly halved from the previous year to a two-decade low in the year ended 31 March 2023 despite the concessional duty offered under the bilateral comprehensive trade pact that came into force in May last year.

Aspartame sweetener possible carcinogen

One of the world's most common sweeteners artificial is set to be declared a possible carcinogen next month by a leading global health body, according to two people with knowledge of the process, pitting it against the food industry and regulators.

Byju's exposes gap in NFRA mandate

Regulator’s oversight extends to listed firms, banks, insurers

Smashing the patriarchy with ferocity and fun

Though appointed as a Member of the British Empire, Chila Kumari Singh Burman's exhibition challenges British colonial legacies

Asia's enduring love affair with sweet bean preparations

A range of desserts and sweets feature red, black and mung beans in Japan, China, Thailand and beyond

Paul McCartney's rediscovered photos on show

The exhibit McCartney is derived from photos had taken in 1963 and 1964

The once-bold UK has begun to look like a climate laggard

Londons leadership on climate action has turned into diffidence

Central bank credibility is key to achieving a Goldilocks economy

RBI must achieve its 4% inflation target and estimate India's real equilibrium rate of interest well in the process of doing so

Russian instability need not inspire an oil rethink

India needn't reduce its crude imports from Russia even if a weaker regime in Moscow has raised risks. We need the best deal on offer and the global market for oil to remain stable

What effective strategies can help generate a steady income stream during retirement?

You can move your savings account funds to fixed-income instruments like non-covertible debentures (NCDs), fixed deposits (FDs), which will give regular income.

MS-Activision deal 'a blow to PlayStation'

Sony Interactive Entertainment head James Ryan believes the Microsoft-Activision deal is bad for competition.

Top central bankers bat for higher interest

Powell, Lagarde and Bailey said the strong jobs market was driving inflation, which has shifted to service sector

Wagner chief Prigozhin had plans to capture Russian military leaders

Western intelligence officials say Russian domestic espionage agency had gotten wind of the plot in advance

Toxic loans hit 10-yr low; RBI sees even better days ahead

Expects NPAs in the banking system to decline further from 3.9% to 3.6% by March 2024

TaMo eyes strategic tech, chip alliances to drive JLR, PV biz

The move follows JLR's decision to lay the roadmap for an electric future.

Vedanta deepens tech push with $4 bn India display factory

The newly appointed chief executive officer of Vedanta Resources Ltd.'s untried display business is seeking to hire global talent to build and run a $4 billion factory in western India.

'Merged HDFC may soak deposits, loans'

The combined HDFC entity could gobble up deposits and mortgages.

P&G India to invest ₹2K crore to build export-focused unit in Guj

P&G India is planning the plant at Sanand in Gujarat.

Turmoil at Byju's highlights hurdles for India startup scene

Even as India is being hailed as the next global growth story, a crucial building block for that success — its startup ecosystem — is getting pummeled.

RTP Global launches $1 bn fourth fund

RTP Global, an early-stage venture capital firm which has backed Indian startups such as Cred, Rebel Foods, DeHaat, Delivery Hero, Practo and Mobile Premier League, has floated its fourth fund with a target corpus of $1 billion (₹8,205 crore).

Epiq Capital closes 2nd fund at $225 mn; to invest in 10 cos

Growth-stage tech investment firm Epiq Capital, which has backed companies like Lenskart, Curefit, Dailyhunt, Builder.ai, PristynCare, and Park+, has made the final close of its second fund at $225 million (₹1,846 crore).

'Google is studying Al bias in Indian context'

Google hosted on Wednesday a developer event in Bengaluru, opening access to its Pathways Language Model (PaLM) large language model (LLM) to Indian developers.

Panel finds 30 minerals critical to India

An expert committee set up by the Centre has identified 30 minerals as critical to India, including lithium and vanadium which are largely used in the manufacturing of batteries.

Govt review of PLI takes stock of slower pace in 6 sectors

Government officials and business executives on Tuesday reviewed the flagship Production Linked Incentive (PLI) schemes, discussing the future roadmap.

India attends int'l Ukraine donor conference, quietly

India has remained neutral over the Ukraine war; conference condemned Russia for war

States can borrow more for reforms in power sector

The finance ministry on Wednesday said it has earmarked ₹1.43 trillion to states for additional borrowings in FY24 to undertake power sector reforms.

Companies race to build a more efficient air conditioner

Air conditioners make people cooler and the world hotter. A slew of startups are launching new products to break that cycle.