CATEGORIES

RBI should adhere to its price-stability mandate

Headline inflation is a better yardstick of tlie impact of prices on peoples well-being in India than some truncated construct. RBI lias good reason to stick to tlie price gauge tliat itis using

So, you correctly predicted the US election result... Or did you?

Hindsight bias often gets us to think we knew an event's outcome beforehand although we did not

Do low-volatility funds help amid market uncertainty?

A low-volatility strategy outperforms in bearish markets but check if it fits your portfolio

Balancing risk and reward: A hybrid approach to your retirement savings

I'm 42, with a moderate investment approach. I am looking to build a diversified portfolio using BAFs or MAFs. With around 18 years to retirement, a 10% return target and focus on downside protection, can you recommend hybrid funds I can invest in, how many, and what structure aligns with my goals?

Adani offers dollar bond again after Oct deal postponed

Billionaire Gautam B Adani's conglomerate kicked off a dollar bond sale Wednesday after postponing an offering last month when some investors pushed back on pricing.

Ford to cut 4,000 jobs in Europe, cites disruptive shift to EVs

Ford Motor Co. says it will reduce its workforce by 4,000 in Europe and the UK by the end of 2027, citing headwinds from the economy and pressure from increased competition and weaker than expected sales of electric cars.

Top cities post 23% rise in house prices

Rising demand for luxury units has boosted overall property prices, according to Anarock.

KPMG to partner with Google Cloud

KPMG said on Wednesday it would spend $100 million over the next four years to bolster its enterprise artificial intelligence services through a partnership with Alphabet's Google Cloud.

Airtel taps Nokia for 5G expansion

Finnish telecom gear supplier Nokia has won a multi-year, multi-billion deal from Bharti Airtel to deploy 4G and 5G equipment across key Indian cities and states, a release said on Wednesday.

Mirae Asset Group to set up India GCC

Multinational financial services provider Mirae Asset Group plans to set up a global capability centre (GCC) in India to tap India's talent pool and support its global operations, a senior company official said.

India forging more payment linkages

India is forging mobile-payment linkages with several countries, a senior official at the South Asian nation's central bank said on Wednesday.

India-UK FTA talks to focus on tariffs

The India-UK free trade agreement (FTA) talks that are set to resume in early 2025 will focus on a range of critical areas including market access, regulatory frameworks, and tariff barriers.

Vedanta Aluminium, GAIL ink supply pact

Vedanta Aluminium on Wednesday said it has entered a pact with state-owned gas utility GAIL (India) Ltd for the supply of natural gas to its smelter at Jharsuguda, Odisha.

RBI bullish on India's economic outlook

The slackness in economic activities in the September quarter is behind and the medium-term outlook remains bullish as the country's innate strength reasserts itself, the Reserve Bank Bulletin said on Wednesday.

Frooti maker faces 12% revenue drop

Beverages company Parle Agro Pvt Ltd that sells Frooti and Appy Fizz brand of drinks reported a 12% drop in standalone revenues for the 12 months ended 31 March 2024, according to data shared by business intelligence platform Tofler.

Exit polls tilt towards BJP in Maha; Jharkand is a tight race

Mahayuti may have an edge over Maha Vikas Aghadi in Maharashtrefs elections

It isn't just data centers—AI's plumbing needs an upgrade

The coming wave of artificial intelligence usage won't just strain data centers and power grids—it will also stress the country's network capabilities.

American companies are stocking up to get ahead of Trump's China tariffs

Businesses plan to stockpile, raise prices and accelerate shift to manufacturing elsewhere

North Korea sent a mystery man to lead its troops fighting Ukraine

In a country that fetes its military elites like celebrities, Col. Gen. Kim Yong Bok was rarely seen or even mentioned in public. His role leading North Korea's special forces required him to keep a low profile to conceal his identity. But now he is a very public figure.

Piramal unfazed by Trump-led uncertainty in its biggest market

Trump's plan to impose import tariffs has ramifications for pharma firms but Piramal is betting on its US facilities

Blockbuster pricing: Box office booster or keeping viewers away?

The strategy of pricing film tickets exorbitantly during festivals such as the recent Diwali weekend on the assumption that people have more money at their disposal during the holidays has divided theatre operators and experts.

Insolvency board seeks to limit liquidators, discretion

The Insolvency and Bankruptcy Board of India (IBBI) has sought to limit the discretion of officials authorized to liquidate insolvent companies and has said they must consult creditors compulsorily when rejecting the highest bids.

Steelmakers place hopes on Q4 as prices stay at 4-yr low

Despite hints ofa rebound, prices in QB are expected to be lower by ₹l,500-2,000 per tonne

NTPC eyes green fuel offtake to 2 MNCs

Australian mining major Fortescue is in talks with NTPC to produce green hydrogen at its ₹1.85tn hub in Andhra Pradesh

Apple's India revenue climbs 36% in FY24

The tech giant has been Scoring record quarterly sales in India Since 2023

SC's tax credit ruling gives relief to telcos

Overturns 2014 verdict denying telecom firms credits for these items

Adani mulls surrendering 5G spectrum

Adani Data Networks, a subsidiary of Adani Enterprises, which bought 5G spectrum in the 26 GHz band in the 2022 auctions, is mulling surrendering the airwaves after over two years of not using them, said four people aware of the development.

Risk to Sobha's ambitious FY25 pre-sales guidance looms

After a muted first half (H1FY25), South India-focused realty company Sobha Ltd is lagging on pre-sales and new launches.

OfBusiness hires Axis, JPMorgan, Citi for 2025 IPO

Of Business is unconcerned by the recent market correction in India, said Nitin Jain, the firm's co-founder

Hyundai's margin woes persist

Hyundai Motor India Ltd's lukewarm stock market debut in October was followed by an equally underwhelming maiden quarterly performance.