CATEGORIES

A Boycott of Costco for Its DEI Efforts Is Not Likely to Succeed

The US retailer has a loyal base of shoppers that it's unlikely to lose

Wealth tax: Let's judge it by principles of taxation

Tax canons laid down by Adam Smith remain relevant, though his list has been extended. Test the idea of a wealth tax against these, lest we get carried away by progressive idealism

Hacked in 2024? India's privacy rules require you to take action

Draft digital personal data protection rules demand that data breaches be reported retrospectively

Cutting Through the Clutter: Key Focus Areas for Retail Investors in 2025

Remember that social media is for fun, and not serious topics such as personal finance advice

Health insurance claims: How to ensure grievance redressal

Health insurance claims can be a source of frustration when rejected. This article explores the process of grievance redressal for rejected health insurance claims in India, focusing on the rights of policyholders and the role of the IRDAI guidelines.

Assam mining tragedy: Rescue operations on for fourth day

Rescue operations by multiple state and central agencies continued for the fourth day on Thursday to locate trapped miners inside an illegal rat-hole coal mine in Dima Hasao district of Assam, officials said.

Centre to give LPG subsidy to oil PSUs

The government is likely to provide a subsidy of ₹35,000 crore to state-owned Indian Oil Corporation Ltd (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) to make up for losses they incurred on selling the fuel this fiscal, people aware about the development said.

Eli Lilly to Set Up GCC in Hyderabad

Pharma major Eli Lilly and Co. on Thursday said it plans to establish a new global capability centre (GCC) in Hyderabad and hire over 1,000 people to strengthen its digital strategy and service delivery.

Bank officers' union warns of strike

Bank officers' union AIBOC on Thursday threatened to go on a nationwide strike on 24-25 February to press for their various demands, including a five-day work week and adequate recruitment in all cadres.

NRAI to take action on Zomato, Swiggy

Opposing \"private labelling\" by Zomato and Swiggy and their recent foray into quick commerce food delivery via separate apps, restaurant body National Restaurant Association of India (NRAI) on Thursday said it will file complaints with \"relevant regulatory authorities\" and initiate legal action to prevent them from monopolising the market.

RBI Chief Seeks To Improve Forecasts

Reserve Bank of India's (RBI) new governor Sanjay Malhotra has initiated a review of the central bank's inflation and growth forecasting tools to minimise projection errors, four sources said.

HMPV Is Not a New Pathogen in India

India saw more than 200 cases of Human Metapneumovirus (HMPV) cases between January and December last year, senior government scientists said, emphasizing that the virus is not a new pathogen and there was no cause for concern.

Adani group to sell 20% in Wilmar JV

Adani Group plans to sell a stake of up to 20% in Adani Wilmar amid plans to exit.

Earthquake-hit Tibet calls off search

Authorities moved more than 45,000 people in Tibet to shelters in a massive rescue operation near the foot of the Himalayas, as they wound down the search in a high-altitude environment where the odds of survival were always slim.

Well-poised for 700 hotels by '30: IHCL

(IHCL) on Thursday said it is \"well poised\" to achieve the portfolio of 700 hotels by 2030 under its \"Accelerate 2030\" strategy.

Centre to regroup about 1,200 medical devices for uniformity

The current size of India's medical devices sector is about $11 billion

Trump's NATO vision spells trouble for the alliance

Call for higher arms spending and threat of grabbing allies' land dial up pressure on members

Swiggy adopts hybrid app strategy to grow

Launches stand-alone apps for Instamart, while retaining unified platform

Vijay's exit tests Tamil films' star culture

As audiences favour strong narratives, Tamil film has a chance to reinvent itself if it sheds its star-centric legacy

Emami eyes wider male grooming market

Emami Ltd, the consumer company that sells Zandu and Navratna ayurvedic products, has renamed its almost two-decade-old male grooming brand as it plans to tap a wider market that is set to expand to ₹32,000 crore over the coming years.

Mercedes Bets On Smaller Cities Amid Youth Spending

Luxury vehicles account for 1% of annual car sales of some 4 million units, growing at a fast pace in the market

No resolution in sight for Dunzo as Biswas moves to Flipkart

Dunzo is swamped with liabilities of about $70 million and still has 30-40 full-time employees, as per reports

India Inc.'s earnings blues may continue into third quarter

Overvaluation concerns and shifting global market sentiment likely to keep growth subdued

TCS Revenue Dips on Muted US, Europe

Last year. While TCS does not offer revenue guidance, at the current pace, its performance will not be much better than last year, when revenue grew 4.1% on a yearly basis.

Global Alcohol Cos Demand $466 Mn From Telangana In Payments Row

Telangana owes unpaid dues of about ₹4,000 cr to whisky and beer firms, people from the industry said

Beyond Snack raises $8.3 million in Series A funding

Snacking brand Beyond Snack has raised $8.3 million in a Series A funding round led by 12 Flags Group, a consumer-focused fund set up by Rakesh Kapoor, the former global chief executive of Reckitt Benckiser.

CCPA to strike cos with class action over quality concern

The top consumer watchdog seeks to curb substandard products flooding retail markets

Inflows into equity mutual funds jump 14% in December

The overall assets under management of mutual funds came at ₹66.93 tn as on 31 December 2024

Asset Class Diversification Is More Crucial Now Than Ever

Two decades ago, investing mostly meant parking money in fixed deposits, property, or maybe equities, leaving little room for diversification—spreading investments across various asset classes.

Why Manappuram Ended Flat Even After Lifting of MFI Ban

Manappuram Finance Ltd stock rose 5.5% in early trade on Thursday after the Reserve Bank of India (RBI) lifted restrictions on its microfinance arm, Asirvad Micro Finance Ltd (AMFL), with immediate effect.