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An upbeat report works best with clarity on risk

The finance ministry's annual economic review exudes optimism on India's economy this year but its sketchy look at important concerns and risks reduces its utility as a document

Mid-career women struggle without mentors

Study says empathy-based leadership helps women rise in their careers

Gov is a threat to TN's peace: Stalin

Governor R. N. Ravi \"instigates communal hatred\" and he is a \"threat\" to Tamil Nadu's peace, chief minister M. K. Stalin has conveyed to President Droupadi Murmu, the government said

Rivers in spate, 15 people dead as heavy rains lash north India

Waterlogging led to traffic woes with people wading through inundated roads in Delhi

Sudan faces 'full-scale civil war', says UN; air raid kills 22

Conflict-torn Sudan is on the brink of a \"full-scale civil war\" that could destabilise the entire region, the United Nations warned Sunday, after an air strike on a residential area killed around two dozen civilians

Iran-backed militia is setting up illegal outposts: Israeli officials

Israel says Hezbollah, an Iranian-backed militia in southern Lebanon, has set up more than two dozen military outposts along the countries' border in violation of international agreements, a development it says risks increasing confrontation

Yellen says US-China ties on 'surer footing' after her visit

Frictions between the two nations have tumbled into a tit-for-tat trade war, with both sides restricting exports

Airlines seek tech to curb emissions: Sita

Indian airlines are in discussions with aviation technology service provider Sita to adopt solutions for reducing carbon emissions and increasing fuel efficiency, said Sumesh Patel, president of Asia Pacific, Sita (Société Internationale de Télécommunications Aéronautiques), in an interview

IT firms to cut payouts as outlook weakens

The information technology (IT) industry is likely to offer muted variable payouts of 60-70% of the promised amount for the June quarter, with top performers getting as much as 80%, as IT companies focus on saving costs amid a weakening revenue outlook and reduced employee turnover

Bajaj Auto seeks RBI nod for new NBFC as Bajaj Fin diversifies

Two and three-wheeler maker Bajaj Auto Ltd said it is setting up a wholly-owned subsidiary, Bajaj Auto Consumer Finance Ltd, and has applied to the Reserve Bank of India for a non-banking financial company (NBFC) licence

FPIs remain bullish on Indian equities

Foreign portfolio investors (FPIs) continue their liking for Indian equities with a net infusion of nearly ₹22,000 crore in the first week of this month due to resilience of the domestic economy amid an uncertain global macro backdrop

Ant to buy back shares at 70% lower valuation than IPO

Jack Ma-backed Ant Group Co. is proposing to buy back as much as 7.6% of shares in an effort to retain talent and provide a chance to cut stakes for investors ensnared by a years-long regulatory crackdown at the company

Founders will also be measured on GQ'

Founders of startups will also be measured on governance quotient in addition to intelligence quotient and emotional quotient, boAt co-founder and CMO Aman Gupta said on Saturday

'India has fewer high-quality deals relative to fund supply'

Zephyr Peacock India, a growth capital investor that has backed firms such as Ripplr, MPower Financing, and 20Cube Logistics, is looking to float its fourth India-focused fund by December-end

Russia oil discount to India shrinks to $4; delivery charges still opaque

The steep discounts on Russian crude oil that India has gorged on since the Ukraine war, have plunged but the shipping rates charged by Russia-arranged entities continue to remain 'opaque' and higher than normal, sources said

'Coal gasification business to get VGF scheme in 3 months'

Proposal for 6,000-crore VGF support has been approved by the expenditure finance panel

Why Ukraine's counteroffensive is slow

Why Ukraine's counteroffensive is slow

India fails to draw China+1 FDI flows

India’s manufacturing sector has failed to capitalize on multinational companies’ efforts to diversify supply chains away from China, foreign direct investment (FDI) data shows, even as manufacturing continues to shrink at the northern neighbour

Indian firms' Q1 earnings growth likely at 7-qtr high

Banking and automobile sectors are seen to be leading drivers of overall profits

'ICAI to soon finish financial statement review of 101 firms'

NEW DELHI : The Institute of Chartered Accountants of India (ICAI), which selected the financial statements of 101 companies for review in the 12 months to February 2023, will complete the process in a few months, said the chief of the accounting rule maker and audit self-regulator

Sebi clears decks for private equity funds sponsoring MFs

The Securities and Exchange Board of India (Sebi) on Friday issued a framework allowing private equity funds to sponsor mutual funds. It also issued rules for self-sponsored asset management companies (AMCs).

Tomatoes go missing in burgers as firms cite crop shortage

Amid soaring prices and a scarcity of quality tomatoes during the monsoon season, several fast-food restaurants in India have halted serving the culinary staple to customers.

Banks submit expected credit loss impact estimates to RBI

Banks have informed the Reserve Bank of India (RBI) about the financial impact of a proposed regime where they have to make early provisions for the loans they expect to sour, the regulator’s response to a Right to Information (RTI) request showed.

Govt weighs SFIO probe after auditor exit at Byju's

The ministry of corporate affairs is exploring the possibility of involving the Serious Fraud Investigation Office (SFIO), which has experts from different arms of the government, to probe the auditor resignation and delayed financial reporting by Think and Learn Pvt. Ltd, which runs online tutor Byju’s, two people familiar with the development said.

GST Council aims to close gold loophole

Shipping gold, precious stones above ₹2L may need e-way bills

SpiceJet must pay Marans entire ₹380 crore, says SC

Airline failed to pay 75 crore on time; need to send a clear message, says SC bench

Gujarat HC upholds Gandhi's conviction in defamation case

In a setback to Rahul Gandhi’s effort to regain his Lok Sabha membership, Gujarat High Court on Friday refused to suspend his conviction, and two-year prison sentence, in a criminal defamation case, saying that the Congress leader “breached the modesty\", and “moral turpitude\".

Trai begins consultation process to regulate OTT apps

India’s telecom regulator has started the process of consultation for regulating over-the-top or OTT services such as WhatsApp, Signal, and Telegram, where it has sought stakeholder views on selective banning of some services.

Erratic rains pose demand challenges for beverage makers

Summer sales of cold drinks were “challenging\" this year as unseasonal rains crimped demand for beverages in India, said a top executive at Coca-Cola India.

Reliance Retail plans to buy out minority shareholders

After buyback, RRVL, the holding company of Reliance Retail, will be fully promoter-owned