CATEGORIES

As cloud over CEO lifts, AU Small Finance Bank may be set for re-rating

Until Wednesday, shares of AU Small Finance Bank (AU SFB) were nearly 21% lower than their 52-week highs seen in April last year.

Telecom tariff hikes: Difficult, but urgent

Telecom operators are likely to report dull financial results for the quarter ended March (Q4FY23) in the absence of price hikes and fewer number of days sequentially.

Dollar drops to two-month low on cooling US inflation

The dollar fell to a two-month low on Thursday after data showed US inflation slowed sharply in March, bolstering hopes that the Federal Reserve's rate-hiking campaign is either already finished or will be by May.

MediaTek open to using India-made chips

Fabless chipmaker MediaTek, which supplies chips to some of the world’s top electronics firms, said it is open to considering using chips made in India once the country’s ecosystem develops.

India, Latin America in talks to expand preferential trade agreement

India and MERCOSUR signed the PTA in 2004, which allowed New Delhi to forge closer economic ties with one of the world’s largest trade blocs.

Centre to revamp soil health card initiative to aid farmers

The government is redesigning the soil health card initiative, targeting small and marginal farmers with an investment of ₹596.51 crore to analyze 50 million soil specimens in the coming three years.

'Heal by India' scheme to send medicos abroad nears launch

Indian doctors, nurses and paramedical personnel are to be despatched abroad to help out with medical treatments, two officials aware of the matter said, outlining a scheme that is to be launched shortly.

Guj court to rule on Rahul Gandhi petition on 20 April defamation

Rahul Gandhi's lawyer said.

HSBC plans to hire 30 bankers to serve the ultra-rich in India

To service India's ultra-rich through its private bank.

Direct tax buoyancy highest in 15 years

The tax authority also said that net direct tax collections have risen by an impressive 121% from Rs. 6.38 trillion in FY14 to Rs. 14 trillion in the 2021-22 fiscal year

PSUs to get exclusive rights to offshore mineral blocks

Govt plans to table an amendment to Offshore Areas Act 2002 during the monsoon session

In this worker vs. bot battle, humans are winning by a mile

The Nanit baby monitor uses a high-tech camera and software to track an infant's sleep habits.

Apple's India push gets $7 bn output boost

Apple Inc. assembled more than $7 billion of iPhones in India last fiscal year, tripling production in the world’s fastest-growing smartphone arena after accelerating a move beyond China.

India FY23 exports defy global turmoil to hit record high

In a year of uncertainties worldwide, India exported a record $447 billion worth of goods in FY23, up about 6% from the previous year, commerce ministry data showed.

Comcast makes big India bet via Bodhi

Comcast-run NBC Universal received approval from the Competition Commission of India (CCI) late Wednesday to invest in Bodhi Tree, a move that will pave the way for the American multinational to own a small indirect stake in Viacom18 Media.

The recipe to gain a million YouTube subscribers

Ahead of Poila Baisakh, team Bong Eats discusses how they document recipes and the future of the cuisine

It's Mario time at the movies. Move over, Minions

The plumber is set to make more at the box office than any animated movie

When Bhubaneswar turned into a canvas

Roughly 8 lakh sq. ft of the city has been transformed by murals with narrative, figurative, abstract, folk and contemporary art

The Texas abortion pill ruling threatens pharma innovation

Drug makers will worry about heightened regulatory uncertainty

Close trade ties with France and Italy will promote Indian exports

The support of Rome and Paris could help conclude an India-EU trade deal that's headed for a fifth round of talks this June

This looks like the last gasp of the pandemic

Unless we are in for a nasty surprise, India may currently be watching the 'end of covid' as forecast. We have had a harsh run. Let's keep watch and see it through till it goes endemic

Will the new cap on expense limits of insurers benefit policy buyers?

Irdai wants insurers to ensure fair and transparent competition among agents, besides cost-effective distribution

WHY I CAN'T FIND THE RIGHT THERAPIST

While there has been a proliferation of professionals offering psychotherapy, many simply don't have what it takes

US consumer prices see moderate rise in March

Stubbornly high rents have kept underlying inflation pressures simmering

Streaming video takes a leaf out of conventional TV with periodic episodes

Streaming video platforms are experimenting with shows that drop episodes regularly like in conventional television, diverging from their established practice of dropping entire seasons of a show at one go.

Running Twitter quite painful: Musk

Billionaire Elon Musk has told the BBC that running Twitter has been \"quite painful\" but that the social media company is now roughly breaking even after he acquired it late last year.

PDS may invest up to ₹225 cr in India, Egypt to service US mkt

Fashion supply chain company PDS Ltd, which counts Tesco, Asos, Primark, Macy’s and Calvin Klein, as its clients, plans to invest ₹170-225 crore to expand its manufacturing facilities both in India and Egypt, a top company executive said.

'Incentives for e-3 wheelers must stay for 2 more years'

Mahindra and Mahindra’s subsidiary Last Mile Mobility is stepping up efforts to consolidate its position in the electrification of three-wheelers and small commercial vehicles, which will be driven by its new brownfield facility in Zaheerabad, Telangana, and the construction of the unit will start in this quarter.

March retail inflation cools to 15-month low of 5.66%

It slipped below RBI's upper tolerance level of 6% for the first time in three months

Investments in Indian AI startups 5th highest globally: Stanford

India ranked fifth in terms of investments received by startups offering artificial intelligence (AI)-based products and services last year, according to Stanford University’s annual AI Index report.