CATEGORIES

Indians Pick UPI Over Debit Cards For Ease Of Use, Zero Fees

With homegrown instant payment system Unified Payments Interface, or UPI, emerging as the most preferred payment method, consumers are not too keen to use debit cards, latest official data showed.

Why Alternative Investment Funds Are Betting On Performing Credit

Mutual funds have cut credit exposure after the Franklin Templeton crisis; banks and NBFCs have less flexibility

Railway board recommends CBI probe into Odisha crash

Railways is currently focusing on restoration of services on both lines on the route

'India's green energy sector to attract $800 bn investment'

Investment in the Indian green energy sector could reach as much as $800 billion over the next decade, said Debasish Purohit, co-head of investment banking for Bank of America in India.

Falling costs power Q4 earnings after two quarters of weakness

Banks and financial services firms continue to remain key earnings drivers like in the previous two quarters

Coders feud over whether to crush memecoin frenzy

The coders who maintain Bitcoin's blockchain are clashing over whether to stamp out the meme tokens swarming the network.

'Premiumization now drives growth at HUL's home care'

Division's revenue contribution to HUL up from 32.3% in FY16 to 36% or ₹21,230 cr in FY23

Lemon Tree can ride high on expansion amid improved demand

The recovery of corporate travel and an uptick in leisure travel demand over the past one year has held hotel companies, including Lemon Tree Hotels in good stead.

Two-wheelers kick into high gear

Two-wheeler auto companies are finally having their moment in the sun, show the wholesale volumes in May.

PE/VC deal value hits $851 mn

The total value of private equity and venture capiT tal deals in India surged nearly fourfold last week from the previous five-day period helped by a couple of large investments by PE firms and several mid- to small-sized transactions.

IFC plans $500 mn long-term financing for smart meter cos

Smart metering is expected to cut commercial losses for power discoms to 12-15% by 2024-25

US may transfer military tech to India

U S Defence Secretary Lloyd Austin arrived in India on Sunday on a two-day visit to explore ways to further strengthen bilateral defence cooperation, especially in areas of transfer of critical technologies for co-development of military hardware.

Manipur govt urges Centre to lower prices of PDS rice amid tensions

The state government of Manipur has requested the Union government to lower rice prices to ₹3,200 a quintal from ₹3,400 amid tension in the state, three government officials aware of the matter said.

India to join global scheme to improve quality of drugs

Scheme will help MSMEs to adopt global manufacturing standards and give market access

India may bring back CVD on steel to check flood of imports

India may impose a countervailing duty (CVD) on stainless steel imports to deter the flood of cheap imports and protect local manufacturers, a steel ministry official said.

'Sectors linked to infra poised for new investments'

Confederation of Indian Industry (CII) president and TVS Supply Chain Solutions managing director R. Dinesh forecasts a promising investment outlook for infrastructure-related sectors such as cement, steel, and electrical machinery.

RBI may continue pause on rate hike

The Reserve Bank of India's (RBI) monetary policy committee (MPC) is likely to keep the repo rate unchanged at 6.5% in the policy meeting scheduled between 6 and 8 June.

Govt plans €15k cr push for batteries

Grid-scale batteries stabilize grids with stored renewable energy

HOW PLASTIC ENTERS FOOD CHAIN

One of the most enduring effects of the modern way of life is plastic pollution, which is now so pervasive that it is even contaminating the food we grow

PLASTIC ADDICTION IS CHOKING US

All the plastic that we use creates waste that never really breaks down. The plastic crisis needs our immediate intervention, and its resolution will require significant changes to the economy and environment. This World Environment Day, let's take a pledge to protect and act responsibly for our planet's needs

Regulator directs SBI Life to take over Sahara Life policies

Founded in 2004, Sahara India Life Insurance was a pioneer in the life insurance business in India under the patronage of Subroto Roy, the ambitious founder of the group.

Tech fix for mineral grade issues, transport on cards

The new system is expected to streamline mining, reduce delays and raise efficiency

Copper imports hit all-time high amid supply disruptions

Despite achieving the highest copper production in the past five years at 555,000 tonnes in FY23, India still had to import 181,000 tonnes to meet rising demand, which reached an all-time high of 706,000 tonnes during the year

Netflix, Disney may contest new tobacco warning rules

Netflix, Amazon and DisN ney on Friday privately discussed mounting a possible legal challenge and other ways to stall India’s new tobacco warning rules, amid fears they will need to edit millions of hours of existing web content, sources said.

RBI casts info security duty on payment sector entities

Boards responsible for implementing security policy; phased rollout from April 2024

Amazon may bundle mobile service for Prime users in US

Retailer is negotiating with Verizon, T-Mobile and Dish Network for the lowest price

Hello, ChefGPT: it's the age of smart cooking technology

Smart appliance delishUp brings the power of Al to the kitchen, hand-holding you through recipes. We put it to the test

Freedom as a work in progress

Twenty years on, the themes of A Married Woman'—women's lives, agency, marriage and sexuality—feel as relevant today

Lenders shell out bigger foreign-education loans as costs rise

As living costs rise and colleges in countries like Germany, Australia, and Canada raise their fees, students are forced to borrow more

Dorsey-backed Bluesky draws users in droves

At a recent event hosted by a tech company, dozens of San Francisco young professionals and others crowded into a basement event space decorated with string lights and munched on pizza and sipped LaCroix. Like attendees at so many Bay Area gatherings, they were chasing the latest hot new thing. This wasn't the real place they wanted to be.