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Amazon's Newest Competitors Are Stepping Into Its Territory
Shein, TikTok are seeking to poach Amazon's employees and building out workspaces in the same office tower
A services-led export strategy holds appeal only up to a point
Indian policy cant afford to focus on service exports at the cost of our current employment-oriented manufacturing thrust
A policy pivot is not on the central bank's cards
Inflation uncertainty means an extended wait for a shift in RBI's stance that could lead to a rate cut. Luckily, policymakers are placed well to keep their focus firmly on price stability
Will going 100% cashless raise my health insurance premium?
How does the implementation of a 100% cashless network affect my current health insurance coverage? Will my premiums increase as a result? What is the relevance of the network hospital of my insurer now if all hospitals have become cashless.
How to access assets when breadwinner is incapacitated
Sebi has proposed giving more powers to nominees in case the asset owner is incapacitated
DITCHED BY THE RICH, VODKA NEEDS A NEW SPIRIT
Indians buy tons of cheap vodka, but gin is the runaway leader in consumption growth when it comes to premium white spirits
SoftBank returns to health with a bump from AI
Global tech investor SoftBank is finally getting something out of AI. SoftBank shares surged 11% Thursday in their biggest daily jump in nearly two years, thanks to a jump in sales at its subsidiary Arm, a giant chipdesign company that has benefited from enthusiasm about artificial intelligence.
American CEOs visiting China can't escape having to dance on stage
American CEOs traveling to China face big challenges. Perhaps the most terrifying? The local tradition that business leaders dance and sing on stage to huge crowds.
India to replace its troops in Maldives with technical personnel
India said on Thursday that it will replace its troops stationed in the Maldives with technical personnel, in a move that could ease strained bilateral relations.
Spectrum sale, rail projects of ₹12,300 crore get Cabinet nod
The Union cabinet on Thursday approved auction of 10,523 MHz of telecom spectrum in multiple bands, including 5G, and aims to mop up ₹96,317.65 crore, minister for information and broadcasting Anurag Thakur said.
Indian airports seek digital boost: SITA
Indian carriers are also showing interest in the firm’s tech to cut emissions
Delhi HC's ruling to hit social media sharing
Experts say users could face legal action for reposting libellous posts
Disney+Hotstar picks up
In December quarter, paid subscriptions have increased—the first time since it lost IPL rights
For young, rich globetrotters, vacations are me-time
Young travellers are seeking out luxurious, bespoke, adventurous experiences when they plan holidays
The new 'it' thing in men's fashion: scoop necklines
Designers and high-street labels are experimenting with a deep-neck trend
Can Berger Paints sustain margin amid growing competition?
Berger Paints India Ltd outperformed its larger peers on revenue growth in the December quarter (Q3FY24).
RBI's inflation outlook, policy stand fail to soothe markets
The Indian stock markets tumbled nearly 1% on Thursday following the Reserve Bank of India's decision to keep rates unchanged for the sixth time in a row, signalling its reluctance to lower interest rates anytime soon.
Trent continues to grab eyeballs
Just when you thought Trent Ltd had done its best, the apparel retailer surprised its investors, yet again.
Seven textile parks in PM MITRA scheme to get developers by March'24
The selection of infrastructure developers for seven mega-textile parks will be completed by the end of March, two officials said, as India makes a push for becoming a textile manufacturing hub.
Petronet to start gas supply for Sri Lankan power plants in "25
State-run Petronet LNG is expected to supply liquefied natural gas (LNG) to Sri Lanka starting in 2025, said the company's managing director and chief executive officer A.K. Singh.
OVL eyes Venezuelan projects
With US sanctions on Venezuela lifted, state-run ONGC Videsh Ltd (OVL) is in talks with the Venezuelan government for operating two oil and gas projects in the country, said Rajarshi Gupta, managing director of the company.
Govt targets hoarders, cuts pvt wheat stock limits again
Move comes after the consumer food price index rose to 9.5% in Dec from 8.7% in November
Musk opens new front in Disney fight
Elon Musk is intensifying his feud with Disney. Musk, the billionaire owner of X, is soliciting people who want to sue Disney for discrimination. He says he is willing to help pay for their cases.
IT casts skill filter for campus picks
In a year of thinning campus recruitments, two of the three large IT companies that still plan to hire freshers have told engineering colleges that they will prefer only those with certifications in advanced software skills.
White paper triggers govt-opposition clash
The ruling National Democratic Alliance (NDA) government and the opposition Congress party locked horns on Thursday, over a paper tabled in the Lok Sabha by finance minister Nirmala Sitharaman accusing the previous United Progressive Alliance regime of undermining the country's macroeconomic fundamentals, and the Congress hitting back at the government citing price rice and unemployment.
How fears of China link shut the doors on a Paytm venture
Paytm's troubles with the authorities started much before India's central bank announced strictures on its associate company, Paytm Payments Bank, on 31 January.
We give all enough time to comply: Das on Paytm
The central bank on Thursday said it imposed restrictions on Paytm Payments Bank because of persistent noncompliance, insisting that it resorted to such measures only after prolonged engagement with the entities involved.
Rates on hold in last mile on disinflation
RBI expects GDP growth at 7%, inflation at 4.5% in 2024-25
Powell reduced Fed flexibility by going off-script post-policy
He broke with official policy by almost ruling out a March rate cut
The interim budget features hits and misses on climate pathways
It has worthy initiatives. India's carbon reduction must go by hard-nosed realism so that we don't back-load climate action