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P&W must supply 5 engines per month to Go First: SIAC

Both parties have also been directed to provide the tribunal with quarterly updates

FSSAI to assess WHO rules on sweeteners

Food Safety and Standards Authority of India (FSSAI) said it would look at the impact of non-sugar sweeteners on the Indian population via an expert panel and engage with stakeholders before concluding any adverse effects of such additives used in foods and beverages.

'Biocon Biologics ahead of plan in integrating Viatris'

The biosimilar unit of Biocon expects to raise additional capital this year, says CEO Tambe

VC funding plunges globally in first half despite AI frenzy

Venture capital (VC) funding globally almost halved in the first six months of 2023, data from research firm PitchBook showed, highlighting a lack of enthusiasm on the part of investors as well as less demand amid sharply higher interest rates.

Battery Smart bags $33 mn from Tiger Global, Blume, two others

Battery swapping network platform for electric two and three-wheelers Battery Smart has raised $33 million (about ₹273 crore) in a pre - Series B funding round from existing and new investors.

PE investments in real estate to stay slow on macro woes

Private equity investments in the real estate sector remained stagnant in FY23 at $4.2 billion

Oil marketers' shares hit 52-week highs on margin hopes

Stock prices of oil marketing companies Bharat Petroleum Corp Ltd (BPCL), Indian Oil Corp Ltd (IOCL) and Hindustan Petroleum Corp Ltd (HPCL) scaled 52-week highs on Thursday on expectations of healthy June quarter performance.

FinMin points to EU carbon tax cloud over steel, cement exports

Already facing subdued demand from developed nations, India's exports are likely to be hit by the European Union's 20-35% tariffs on high-carbon goods like steel, iron ore and cement, the finance ministry said in a report released on Thursday.

Sebi nudges FPIs to bond RFQ platform

Sebi on Thursday proposed mandating Foreign Portfolio Investors (FPIs) to undertake at least 10% of their total secondary market trades in corporate bonds by value on the RFQ (Request For Quote) platform of the stock exchanges.

Interim relief for Goyal in loan case

The Bombay High Court on Thursday granted an interim stay on a showcause notice issued by IDBI Bank to Naresh Goyal, former promoter of debt-laden carrier Jet Airways.

Long notice periods are back

Talent shortage, transition woes prompt India Inc to revert to extended notice periods of 2-3 months

IIT to open first foreign campus in Zanzibar; classes begin this October

The Tanzanian province of Zanzibar will host the first foreign campus of the premier Indian Institute of Technology, in a move that the ministry of external affairs said was set to burnish India’s credentials in South-South cooperation.

Thali plates reflect spike in food prices

The data reveals ingredients such as cereals, pulses, broiler and cooking gas driving changes in the price of a thali

FM tells PSBs to boost deposits, farm credit

Asset quality of PSBS has improved significantly with gross NPAs at 4.97%

Instagram unveils Threads app, a threat to Musk's Twitter

Meta Platforms Inc.’s Instagram officially unveiled Threads, an app designed as a direct rival to Twitter, launching the most serious threat yet to Elon Musk’s struggling social-media site.

Can't rest on laurels, India poised for growth: FinMin

India’s painstakingly built economic stability, which placed it on a quicker recovery path than many other nations, should not be diluted as the economy is poised to sustain its growth in a more durable way in the future, a finance ministry report said.

Adani Green board approves plan to raise ₹12,300 crore

The board of Adani Green Energy Ltd (AGEL), on Thursday, said the renewables energy firm is planning to raise up to ₹12,300 crore.

GST Council to weigh tax cuts on select items

The goods and services tax (GST) Council meeting next week will discuss tax relief on certain medicines, farm products, arthroplasty implants, and services such as satellite launches by private organizations, a person with direct knowledge of the matter said.

'Coal export strategy in works; local lithium hunt gains pace'

The Centre will devise a strategy to tap export markets for Indian coal as domestic production sets new records, Union minister of parliamentary affairs, coal and mines Pralhad Joshi said.

End of tax benefits worries French FPIs

They fear tax treaty tweaks to end capital gains exemptions

Can A Single Woman Working As A Freelancer Secure A Home Loan?

It is very much possible to secure a home loan with proper planning and consideration.

Music With AI Elements Eligible For Grammys

As the music industry comes to terms with Al, so too will the Grammys

It will take nuclear energy for global shipping to hit net zero

It has its risks but uranium is the green fuel that ships must adopt

Anti-corruption drives that turn cronyist can worsen the scourge

The relative elasticities of corruption among groups in favour and out of it could end up sending aggregate pelf even higher

Relieve GST of its warps to regain its reform cred

The great tax simplifier has not met its promise so far. GST has spurred formalization and scored its 'one market' goal, but it awaits a major reset to prove itself historic as a reform

Israel ends raid on West Bank

The large-scale military operation over the previous two days has left 12 Palestinians and an Israeli soldier dead

Jio's content push may stir an OTT turf war

JioCinema, the video streaming platform owned by Mukesh Ambani’s Reliance Industries Ltd, is set to disrupt the Indian OTT market with its free local language programming, which sets it apart from rivals such as SonyLIV or ZEE5, who have similar content behind a paywall.

Tata Steel: India steel demand to stay robust this fiscal yr

Demand for steel in India is expected to remain robust this financial year with consumption growing in double digits on the back of infrastructure development, rapid urbanization and supportive policy reforms, Tata Steel chairman Natarajan Chandrasekaran said at the company’s annual meeting of shareholders on Wednesday.

Amazon seller exports from India to cross $8 bn this year

The firm had earlier revised its target of cumulative exports from $10 bn to $20 bn by 2025

Rising demand drives hotel expansion plans

India’s largest hotel chains are rapidly expanding their portfolios amid record-high room rates.