CATEGORIES

EPFO weighs higher equity investments

Labour ministry panel to look at ways to raise exposure

Apple's new vision for computing is a foldable iPad

APPLE'S NEW VISION for the future of computing is a giant, iPad-like foldable device.

The Ustad whose tabla blurred boundaries

IT ISN'T OFTEN that a percussionist finds life in the intricacies of punctuation.

LG eyeing up to $15 billion valuation for India unit IPO

BAIJU KALESH, YOOLIM LEE, JULIA FIORETTI DAVE SEBASTIAN December 16

Rupee falls 11 paise to a new low of 84.91/dollar

THE RUPEE DEPRECIATED by 11 paise to close at an all-time low level of 84.91 against the US dollar on Monday, dragged down by a negative trend in domestic equities.

Zerodha hits $1-billion revenue mark in FY24

Zerodha posted a revenue from operations of ₹9,372 crore or a little over $1.1 billion in FY24, marking a 37% increase from ₹6,832 crore it generated in FY23.

Israeli strikes missile warehouses in Syria

A UK-BASED war monitor says Israeli airstrikes early Monday hit missile warehouses in Syria and called it the \"most violent strikes\" since 2012.

EU plans $11-bn satellite network to rival Starlink

THE EUROPEAN UNION (EU) is committing to build a ₹10.6 billion ($11.13 billion) constellation of satellites that will provide the bloc with encrypted global internet connectivity in a bid to provide a homegrown alternative to Elon Musk's Starlink.

SoftBank CEO to unveil $100-bn investment in US

SOFTBANK GROUP CEO Masayoshi Son will announce a $100 billion investment in the United States over the next four years during a Monday visit to US President-elect Donald Trump's residence, Mar-a-Lago, CNBC reported.

Popeye, Tintin to enter public domain in '25

POPEYE CAN PUNCH without permission and Tintin can roam freely starting in 2025.

Canadian FM quits after clash with PM

CANADA'S FINANCE MINISTER Chrystia Freeland quit on Monday after clashing with Prime Minister Justin Trudeau on issues including how to handle possible U.S. tariffs, dealing another blow to an already unpopular government.

Chancellor Scholz loses vote of confidence in Germany

THE GERMAN PARLIAMENT accepted Chancellor Olaf Scholz's invitation to withdraw its confidence in him and his government on Monday, clearing the way for the February 23 early election necessitated by the collapse of his government.

Pakistan cuts interest rates to lowest in over 2 years

PAKISTAN'S CENTRAL BANK cut its key policy rate by 200 basis points to 13% on Monday, it said in a statement, its fifth straight reduction since June to revive a sluggish economy.

Trump transition team to roll back Biden EV policy

Regulations on fossil-fuel cars likely to be eased

Senate probe finds Amazon manipulates workplace injury data

FOR YEARS, WORKER advocates and some government officials have argued that Amazon's strict production quotas lead to high rates of injury for its warehouse employees.

Long-term outlook positive for cement sector

GROWTH MOMENTUM CONTINUES

Dabur to leverage new launches

Plans to acquire new customers, boost order frequency

Apollo Tyres: Cost pressure to persist in Q3

Aims to expand network with focus on micro-regions

Urban growth takes a toll

TOLLING IN WHAT HAVE BECOME ARTERIAL ROADS IN CITIES GETS A PUSHBACK FROM CITIZENS

Upgrade cross-border payments

With India being the world's largest recipient of remittances since 2022, the urgency to modernise its payment systems has never been greater

Mega deals won't lead M&A rebound Under Trump

US BANKERS ARE rubbing their hands at an expected boom in dealmaking under a market-friendly President-elect Donald Trump next year. But scratch the surface and it is apparent that the mergers and acquisitions to come are far more likely to be among smaller companies. Mega deals won't lead the way.

The Swiss confusion

Constantly varying interpretations of treaty provisions can potentially dent India's image

High reinsurance costs a bigger worry for life insurers

Aditya Birla Sun Life Insurance (ABSLI), which ended FY24 with around ₹17,500 crore in gross written premiums (GWP), aims to double its business in the next three years.

PSBS split over perquisite tax liability for employees

@ SBI, BoB cover tax; PNB, Union Bank offer loans to staff

RBI governor urges colleagues to strive for perfection

RBI GOVERNOR SANJAY Malhotra on Monday urged staff to aim for perfection in their duties, emphasising continuous improvement as the institution enters a new era.

Lobana appointed Google's India V-P

TECH GIANT GOOGLE on announced the Monday appointment of Preeti Lobana as the new country manager and vice president for India.

HDFC Bank gets warning from Sebi, second in a week

HDFC BANK ON Monday said it has received a second administrative warning from the Securities and Exchange Board of India (Sebi) within nearly a week, due to a three-day delay in disclosing the resignation of its mortgage business head Arvind Kapil in March this year.

Despite CRR cut, call rates jump above MSF

TOUGH ROAD AHEAD

2024 to end with record office space leasing: Report

INDIA'S OFFICE LEASING market is expected to achieve a milestone in 2024, with gross leasing volumes (GLV) projected to reach 83-85 million sq ft, marking a 13% year-on-year increase over the previous peak in 2023, a report said on Monday.

India leading in AI adoption: Report

INDIAN ENTERPRISES ARE leading in the adoption and experimentation with artificial intelligence as compared to the global average, according to a report by data integration, analytics, and artificial intelligence (AI) service provider Qlik.