CATEGORIES

Biden allows Ukraine to use US weapons to strike inside Russia

Decision comes after months of resistance from Washington; Zelenskyy says missiles would 'speak for themselves'

Xiaomi revenue soars in Sept qtr as EVs gain steam

Chinese electronics maker Xiaomi Corp posted a 30.5 per cent jump in third-quarter revenue as consumers clamoured for its first electric vehicle, the SU7 sedan.

Riddles in Dalit politics

In the wake of the Supreme Court's sub-classification verdict, SHREYAS UBGADE analyses how ideological divides and political alignments of Dalit groups make this a complex electoral battle in Maharashtra

Centre rushes 5k troops to ;volatile' Manipur

Internet suspension extended; Shah reviews situation; Oppn demands PM visit

Urban unemployment rate at fresh low

Fell to 6.4% in Q2 on back of sharp decline in female joblessness

Power & Pawars: Behind coin-toss electoral showdown in sugarland

Pune's sugar mills shape local politics and elections; a number of prominent candidates in the region are tied to such factories. PRACHI PISAL reports from the ground

Taxpayers must disclose foreign income by Dec 31

Central Board of Direct Taxes (CBDT) chairman Ravi Agarwal on Monday said taxpayers who have not disclosed their foreign income or assets in their Income Tax Returns (ITRs) have time till December 31 to file their revised return for financial year 2023-24.

SBI plans to open 300-400 branches a yr in medium term

India's largest lender, State Bank of India (SBI), plans to add 300-400 branches annually to its existing network in the medium term to increase penetration of financial services in the country, Chairman C S Setty said on Monday.

FinMin sets dividend norms for NBFC CPSEs

The Ministry of Finance on Monday brought in central public sector enterprises (CPSEs) classified as non-banking financial companies (NBFCs) under the minimum annual dividend payout norm of 30 per cent of profit after tax (PAT) or 4 per cent of the net worth, whichever is higher.

SBI secures $500 mn via 5-year bonds

State-owned lender also raises 10,000 crore through 15-year infra bonds at 7.23%

RBI guv's term may be extended again

The government is likely to extend the term of Reserve Bank of India (RBI) Governor Shaktikanta Das for a second time, sources with knowledge of the matter told Reuters, an unprecedented move that would make him the longest-serving chief since the 1960s.

India, developing World face E U resistance to climate finance

Talks on global climate finance Virtually ground to a halt last week at COP29, the annual United Nations (UN) Climate Change event in Baku, Azerbaijan, as the developed world, led by the European Union (EU), and developing countries including India, Brazil, South Africa, and a clutch of island nations and African countries faced awide chasm between their expectations.

Be vigilant for concentrations in biz models: Das to bank boards

RBI guv says need to curb unethical practices such as mis-selling of products

'We may be in a position to list AAHL in 2 to 3 years'

We are doing that.

IT, ITeS must adopt Cloud, boost security: Airtel Business

India's information technology (IT) & IT-enabled services (ITeS) sector must evolve from its current cost-arbitrage model to an innovation engine, Airtel Business said in a white paper.

HealthKart secures $153 mn in funding

Round led by ChrysCapital, Motilal Oswal Alternates

Punit Goenka asks ZEEL board to relieve him from MD position

Punit Goenka (pictured) has asked the board of ZEE Entertainment Enterprises Ltd (ZEEL) to relieve him from the position of managing director of the company as he wants to focus on the operational responsibilities as the chief executive officer (CEO), the media and entertainment firm said in a statement on November 18.

MakeMyTrip to acquire Happay from Cred

Online travel aggregator MakeMyTrip on Monday said that it has signed a business transfer agreement to acquire Happay's expense management platform from Cred for an undisclosed amount.

Light vehicles brace for slow drive next year

According to S&P Global Mobility, growth for 2024 is projected to be even lower at 2.9%

The Good Glamm Group fully acquires The Moms Co

The Good Glamm Group, the direct-to-consumer beauty and personal care firm, on Monday announced the 100 per cent acquisition of The Moms Co.

India Inc's Q2 numbers show growing dependence on BFSI

Sector's share in profits hits 38.2% in the quarter, the highest since 2012

Now, Roy Kapur Films looks to sell stake

Mumbai-based Roy Kapur Films (RKF), founded by Siddharth Roy Kapur, the former managing director of Walt Disney India, is seeking equity investment to scale its operations, according to merchant bankers familiar with the matter.

Banks urge RBI for boards' workload mgmt

Private sector bank board members have urged the Reserve Bank of India (RBI) top brass to consider workload management of the boards as they feel there are too many issues that go to the boards for approval and the situation becomes unmanageable at times.

CCI: WHATSAPP CAN'T SHARE DATA WITH META FIRMS FOR 5 YRS

Slaps ₹213 crore fine

₹1trn airport capex plan for 5 yrs: Jeet Adani

JEET ADANI, director of Adani Airport Holdings Limited (AAHL), which runs seven major airports in the country and is building the Navi Mumbai airport, has ambitious plans. Industrialist Gautam Adani's younger son joined the Group CFO's office of Adani Enterprises (AEL) back in 2019 as part of the strategic finance, capital markets, risk and governance policy team and was then asked to lead the group's airport business in 2022. The engineering graduate from the University of Pennsylvania is also in charge of the group's digital and defence businesses. In an exclusive interview to Deepak Patel in Ahmedabad, Jeet, 27, outlined his vision for the airports business that's expected to attract investments of around ₹1 trillion over the next few years. Edited excerpts:

°Banks need to make loans more affordable,

Union Finance Minister Nirmala Sitharaman on Monday called on banks to make interest rates more affordable at a time when the government wants industries to build capacity.

Deadline to phase out fossil fuel appears elusive

India opposes curbs on hydrocarbon investments, calls for expanding decarbonisation efforts, renewables

Two-thirds mid, smallcaps slide into bear territory

692 such stocks are down over20°/o from 52-week highs; analysts see no early relief

India Takes A Leap In Global Race For Hypersonic Missile

DRDO successfully test-fires missile that is hard to intercept

Truth coming out: Modi on The Sabarmati Report

Prime Minister Narendra Modi said on Sunday that a fake narrative can persist only for a limited period of time, while referring to The Sabarmati Report, a movie on the Godhra train-burning incident of 2002, when he was the chief minister of Gujarat.