CATEGORIES

Cos suffer as Chinese steel floods market

Cheaper stainless steel imports from China have flooded the Indian market, leading to small and medium enterprises operating at just 30% of their capacity because of weak demand for local products.

Small-, mid-caps rally may have steam left

BSE MidCap and SmallCap indices gained 11% and 11.7% in past 3 months

There's more trouble brewing for regional banks in the US

The stock market is growing more sanguine about US regional banks, but the lenders still face serious pressure.

Moody's sees India Ql growth at 6-6.3%

Moody's on Sunday said the Indian economy is expected to clock a 6.0-6.3% growth in June quarter, and flagged risks of fiscal slippage arising from weakerthan-expected government revenues in the current fiscal.

SCI selloff closer as demerged non-core unit heads for listing

The government is likely to invite financial bids for the privatization of Shipping Corp. of India after listing its non-core asset business SCILAL on the stock exchanges this month, an official said.

PVR Inox's investors need more Pathaans, and soon enough

The lockdowns and shut screens are fading into memory, but multiplexes are still yearning for the footfalls of pre-pandemic days, as movies fail to shine at the box office.

Juneja exits Disruptors to launch First Unicorn

Raj Snehil Juneja, who founded early-stage venture capital firm Disruptors Capital, has left the company and started a new VC firm called First Unicorn Capital.

'Odisha crash investigators focusing on manual bypass of track signal'

An official probe into the Odisha rail crash is focusing on suspected manual bypassing of an automated signalling system that guides train movement-an action investigators believe sent the Coromandel Express into the stationary goods train, three Indian Railways officials said.

EESL asks local bodies to pay up dues

State-run Energy Efficiency Services Ltd (EESL) has written to municipalities across the country seeking payment of dues under the national street lighting programme.

Israeli concerns of Indian IT influx stall free trade talks

Perception that Israel, with a smaller economy, would gain more from FTA also queers pitch

BAM Digital to set up 2nd data centre in Mumbai

BAM Digital Realty, a joint venture between Digital Realty and Brookfield Infrastructure Partners, is set to build a data centre campus in Mumbai, property registration records showed.

Irdai asks insurers to create ABHA IDS for policy seekers

India's insurance regulator has directed insurers to create Ayushman Bharat Health Account (ABHA) IDs, the 14-digit unique identifiers to be issued to all citizens, for both new insurance seekers and existing policyholders.

NaBFID planning to offer takeout loans

Infrastructure lender gives 30-yr loans; will aid banks' early exit

Women's football is on the rise

The increasing popularity of women's football is a good omen for the women's World Cup in July

A library comes to life

Mumbai's historic David Sassoon Library and Reading Room has got a makeover after months of restoration work

Commit to well-being

Begin with as little as 15 or 30 minutes every day to take conscious action and work on your own mental health

Italy's Maire keen on green energy push

He noted that the company would continue to focus on the conventional downstream segment including petrochemicals along with the businesses on the energy transition front.

RBI aims to bring RuPay on par with global card rivals

Nod for RuPay forex cards seen as move to internationalize homegrown card network

NPPA expands price control to 23 additional drugs

Manufacturers not complying with the ceiling price will have to deposit the overcharged amount with govt

Fairfax-backed Go Digit gets green light for life insurance

The new joint venture is likely to have Fairfax effectively holding a 30-40% stake initially

Trump becomes 1st ex-US president to face criminal charges

The indictment piles on legal and political pressure as he also has been charged in an unrelated New York case

Mirroring Jio, cricket goes free on Disney+ Hotstar

Disney+ Hotstar will offer the Asia Cup and the ICC Men's Cricket World Cup free to its mobile users in India, mirroring rival Viacom18's strategy of granting free access to the Indian Premier League (IPL) on its digital platform JioCinema, as the two streaming platforms try to outdo each other to win over new users.

Foreign study hot spots turn up scrutiny as visa abuses surface

Education consultants warned of heightened scrutiny on outbound Indian students as foreign universities and countries crack down on forged documents, absenteeism from universities, work permit violations, and cases of absconding students.

NMDC Nagarnar unit opens soon, govt to call bids

The government plans to commission NMDC Steel Ltd’s (NSL’s) 3 million tonne plant at Nagarnar in Chhattisgarh by the end of the month before inviting financial bids for its strategic sale, a steel ministry official aware of the plans said.

'India to regulate AI for user protection'

India will regulate artificial intelligence (AI) to protect citizens from harm, said Rajeev Chandrasekhar, minister of state for electronics and information technology.

Stronger El Nino dims monsoon prospects

Climate pattern to gradually strengthen into the winter: NOAA

Aging With Grace: Are Senior Living Homes Right For You?

Retirement communities in India are estimated to be valued at $9.75 bn, with 8% annual growth

Pause Stays On Interest Rates; Eyes On Inflation

Five MPC members voted to keep policy stance at withdrawal of accommodation

Central banks are not done raising interest rates just yet

A pause serves little purpose if more increases are still to follow

RBI has done well not to waver from inflation

Its monetary policy committee’s status quo on the policy rate, even as it maintained an ‘Arjuna’-like eye on price rises, points to a resolve to rebuild its inflation-fighting credentials