CATEGORIES

Govt to amend rules to auction lithium, rare earth minerals

The government has initiated a plan to auction newly discovered lithium and other rare earth minerals later this year, with the mines ministry proposing an amendment to mineral concession rules 2016 to determine the methodology for fixing the value of the estimated resources.

How AI is catapulting Nvidia toward the prized $1 tn club

The business that started 30 years ago with a meeting at a Denny's has become the semiconductor company at the heart of the artificial-intelligence revolution, putting it on the cusp of becoming the first $1 trillion chip company.

'IPL outcome has debunked myth about TV's death'

Amin Lakhani, chief executive for South Asia at GroupM-owned media services company Mindshare, said that both Disney Star and JioCinema, the TV and digital rights holders of the Indian Premier League (IPL), have failed to achieve their threshold advertising potential this season.

IMD retains normal monsoon forecast

The India Meteorological Department on Friday retained its forecast for a normal monsoon despite the developing El Nino weather pattern that disrupts rainfall and causes droughts in parts of India.

'India leading war on climate change'

Country has transformed into an engine of global growth: Goyal

Why Nusli Wadia's SOS Couldn't Save Go First

What went wrong with the low-cost airline? Here’s the inside story

RBI Presses Work 24x7 To Pump Out ₹500 Notes

This is because more customers are coming forward to exchange ₹2,000 notes instead of depositing them in their accounts.

National Symbols Must Always Work As Unifiers

India’s new Parliament building to be inaugurated this Sunday has seen a political battle erupt. Dissonance has arisen over Indian symbols. No matter what, the truth

EU Climate Chief Says Greater Responsibility On Rich Nations

EU’s climate policy chief cautioned against protectionist moves while looking for ways to address climate change.

Last Chinese emperor's watch sells for $6.2M

Qing dynasty's Aisin-Gioro Puyi held on to the rare Patek Philippe for years

A decade of reformist action has catalysed the emergence of India

Seven key aspects of the Modi government’s economic strategy have set the stage for our long-term ambitions to be achieved

How laddering, barbell can get better returns for FDs

These strategies, along with compounding period selection, maximizes returns from the deposits

Rock & roll music legend Tina Turner dies at 83

Tina Turner, the unstoppable singer and stage performer who teamed with husband Ike Turner for a dynamic run of hit records and live shows in the 1960s and '70s and survived her horrifying marriage to triumph in middle age with the chart-topping \"What's Love Got to Do With It,\" has died at 83.

DGCA asks Go First for flight resumption plan

Go First has 30 days to submit a comprehensive plan to resume normal flight operations. The airline has been asked to provide information on operational aircraft, pilots and maintenance arrangements, as well as details of its working capital and arrangements with aircraft lessors and vendors

Ola Electric hires Goldman, Kotak for IPO in early 2024

The company plans to file its draft prospectus with Sebi at the beginning of the next quarter

Campus hires face six-month delay at Amazon India

The big tech and internet giants have together retrenched more than 70,000 job cuts since January amid fears a global recession will affect growth

Tata Motors' Tiago, Tigor sales fuelled by EVs, CNG

The homegrown automotive major’s electric and CNG variants saw hatchback Tiago and compact sedan Tigor contribute 54% to its overall combined sales of the two models between January 2023 and April 2023

Page Industries badly needs to script a new chapter on growth

In Q3, Page’s revenues grew by just 3% year-on-year. But in Q4, revenues have fallen by almost 13% to ₹969 crore with a 14.6% drop in volume.

Nykaa feels blues despite pink sale

Despite the Pink Love Sale in February, orders in the beauty and personal care segment fell by 7.4% in the March quarter compared to a 4% drop in the same quarter last year

Seed stocks to be beefed up as part of El Nino contingency preparation

The government maintains varieties of seeds for all crops, including paddy, soybean, cotton and millets like ragi and sorghum in the kharif season.

Record food grain output likely: Govt

Total production of rice during the 2022-23 crop year is estimated to be 135.5 mt as compared to 129.4 mt in the previous year, while wheat output is seen to be 112.7 mt against the previous year’s estimated production of 107.7 mt.

No angel tax relief for 3 popular jurisdictions

The tax authority has listed 21 other countries including the UK, the US, Germany and Australia as jurisdictions portfolio investors from which are exempt from angel tax

Energy security is critical to sustain India's growth: CEA

Nageswaran stressed the importance of continued funding for fossil fuels, even as India moves towards a better balance of renewables in the energy mix.

Brokers asked to run warnings on F&O trading risks

Nithin Kamath, co-founder of Zerodha, said his company recently warned its active clients about the pitfalls of trading in derivatives

Banks to flag big ₹2K deposits to I-T dept

They are mandated to report such transactions to tax dept

Invest long term, invest in India, says Quant's Tandon

Quant founder Sandeep Tandon unveils the secrets of his portfolio and investment strategies

Myntra unveils MyFashionGPT feature

Fashion e-commerce site Myntra, which is owned by the Flipkart group, has launched a new search feature MyFashionGPT, powered by ChatGPT. The innovative feature aims to enhance the shopping experience of its customers and enable improved product discovery and drive higher engagement on its app.

GRMs of state-run refineries double on higher oil demand

Increasing demand for petroleum products and cheaper oil imports from Russia helped refineries run by public sector oil marketing companies (OMC) witness a surge in gross refining margins (GRM) during the last financial year.

India to get bulk of QED's $925 mn fund

Global fintech-focused venture capital firm, QED Investors, plans to invest a substantial part of its new $925 million fund in India and Southeast Asia, a senior company official said.

Telcos petition DoT to halt new e-waste rules

Companies say rules will impact existing 2G, 4G and future 5G networks