CATEGORIES
Categorías
Rabi sowing a tad below last year's level; oilseed cultivation down 5.5%
WITH JUST A few weeks left for the rabi season to be over, sowing of winter crops such as wheat, pulses, oilseeds, and coarse cereals has been a tad below last year's level so far as the area under oilseeds have declined.
Household liabilities rise to 6.4% of GDP in FY24
THE NET FINANCIAL liabilities of India's households went up to ₹18.79 lakh crore in FY24, or 6.4% of GDP, a rise over the previous year's 15.96 lakh crore, or 5.9% of GDP, data from the Reserve Bank of India (RBI) showed.
Economic growth to pick up in H2FY25, says RBI bulletin
THE COUNTRY'S ECONOMIC growth trajectory will likely pick up in the second half of the current financial year, driven by domestic private consumption and a sustained revival of rural demand, the Reserve Bank of India (RBI) said in its monthly bulletin released on Tuesday.
Unincorporated sector generates 11 mn jobs
THE UNINCORPORATED NON-AGRICULTURAL sector in India has added about 11 million more jobs in October 2023-September 2024 as compared to the year-ago period, with addition of 8.4 million establishments, official data released on Tuesday showed.
Labour-intensive exports: Gains likely to be short-lived
Significant import content in several sectors, sharper drop in other currencies to play spoilsport should have come as a shot in the arm for India's labour-intensive exports.
NFRA slaps ₹2-cr fine on Deloitte Haskins for Zee audit
THE NATIONAL FINANCIAL Reporting Authority (NFRA) has imposed a fine of ₹2 crore on Deloitte Haskins & Sells, and penalties on two chartered accountants (CAs) for lapses in the auditing of Zee Entertainment Enterprises (ZEEL) for FY19 and FY20.
Local satellites push draws 30 aspirants
Companies include Google-backed Pixxel, Tata arm
Walking into a minefield
MADHABI PURI BUCH won't forget 2024 in a hurry. In an interview to a business magazine at the beginning of the year, she had proudly proclaimed that she knew exactly \"where all the skeletons are hidden.\" Just about six months after that statement, the world turned upside down for the first woman chairperson of the Securities and Exchange Board of India (Sebi), with many questioning whether the so-called \"skeletons\" were actually hidden in her cupboard.
Economists seek FTAs, land & labour reforms
Stress the need to return to 7-8% GDP growth
Shyam Benegal, pioneer of parallel cinema, dies
JUST WHEN MAINSTREAM Hindi cinema stepped into an exciting new phase with the rise of the 'Angry Young Man' in the '70s, Shyam Benegal made a stunning debut as the writer and director of Ankur (The Seedling, 1974), propelling the parallel cinema movement in India.
The year AI took centrestage
The debate if it is a blessing or a Frankenstein rages on
US launches new probe into legacy Chinese chips
The effort could offer Trump a ready avenue to begin imposing some of the hefty 60% tariffs he has threatened on Chinese imports
UK insurer Aviva to shed up to 2,300 jobs in $4.65-billion deal
British insurer Aviva could cut up to 2,300 jobs as it takes over smaller rival Direct Line in a 3.7 billion pound ($4.65 billion) cash-and-stock deal, the companies said on Monday, creating the UK's largest home and motor insurer.
Now, Musk wants you to pay 'X-tra' as premium plans
Marks the largest price increase since acquisition
Govt schools can fail class 5, 8; no-detention policy ends
THE CENTRE HAS scrapped the no-detention policy in schools governed by it, including Kendriya Vidyalayas and Jawahar Navodaya Vidyalayas, allowing students of Classes 5 and 8 to be held back from the ongoing academic session.
In a note to India, Bangladesh demands Hasina's extradition
Dhaka insists on Hasina's trial, India declines comment
Awfis Space Solutions: Sustained growth outlook
35% CAGR in seat additions during FY24-27 projected
Emami: Operating margins to improve
Bolt-on acquisitions to drive double-digit revenue growth
Siemens: Weak outlook on HVDC, Rlys
Cuts EPS forecast for FY25E/ 26/27 by 9%, 15% & 11%
The conundrum of repo rate arguments
Monetary policy always triggers debate as theoretical arguments on both sides: repo rate induces investment or repo rate lowers inflation are equally strong
Merge to survive
Electric mobility is disrupting the global auto industry, forcing alliances and consolidation
Struggles with a consumer society
TIGHTENING GOVERNMENT CONTROL ON CHINESE SOCIETY IS AT ODDS WITH ITS GOAL OF RAISING CONSUMPTION
Europe's hottest stock has an American architect
FORCED TO SEEK a government rescue barely a year ago, Siemens Energy was an unlikely candidate for Europe's best performing stock of 2024.
Non-life insurance claims ratio dips to 83%
NET INCURRED CLAIMS to net earned premium (claims ratio) of the non-life insurance industry stood at 82.52% during 2023-24, compared with 82.95% in the preceding fiscal, according to the Irdai's annual report.
Kalyani Investment pays ₹1.12 crore to settle case with Sebi
KALYANI INVESTMENT, ONE of the promoter group entities of Bharat Forge, has settled a case with Sebi about the alleged violation of disclosure norms after paying ₹1.12 crore towards the settlement fee.
HUDCO, PGCIL raise 10-yr bonds at 7.12%
HOUSING AND URBAN Development Corporation (HUDCO) and Power Grid Corporation (PGCIL) have raised funds from the domestic debt capital market. Both the companies issued 10-year bonds at a coupon rate of 7.12%.
Burman family gets Sebi nod for Religare open offer
The Burman family's open offer to acquire an additional 26% stake in Religare Enterprises has received an approval from the Securities and Exchange Board of India (Sebi), according to a report.
Banks lobby RBI for new swaps market benchmark
A GROUP OF banks has asked the Reserve Bank of India to approve a new benchmark for overnight indexed swaps, according to people familiar with the matter.
Sebi suspends trading in Bharat Global on financial irregularities
SEBI ON MONDAY suspended trading in Bharat Global Developers for alleged financial misrepresentation, misleading disclosures, price manipulation and offloading shares at inflated prices.
Rupee closes at its lifetime low of 85.12
Weak yuan, demand for dollar keep the currency under pressure