CATEGORIES

Foreign law firms get a foot in door

The Bar Council of India on Wednesday allowed foreign lawyers and law firms to practise foreign law in India, offering a limited opening to a sector that has remained shut to foreign entities so far.

Low-cost homes hit by rate hike spree

Fewer customers are taking out loans to buy so-called affordable homes after several back-to-back interest rate hikes, with demand slackening sharply in the last few months, according to senior bankers and data analyzed by State Bank of India’s research wing.

Credit Suisse plunges as bank storm spreads

Swiss lender's troubles come days after two major bank failures in the US

Sensex Slips 0.58% To Close Below 58,000

Asripple effects from the US banking crisis and fears of financial contagion continued to pressure the markets, the BSE Sensex lost 0.58%, failing to hold the 58,000 mark.

How To Avoid Investing In Great Businesses At Untimely Valuations

The path to minimal investing errors can be found by assessing analytical and behavioural aspects of investing.

Indian women seek to dominate the world of boxing

The Women's Boxing Championships begin in New Delhi today and Indian boxers are ready to show who's boss

Will Karim Benzema deliver for Real Madrid?

Benzema's form is a concern for Real's quest for another European Cup

Women's golf is taking centre stage in India

Golfers Aditi Ashok and Avani Prashanth are having an incredible 2023. And others are waiting in the wings to make their mark

Lineker scored a hat-trick over the BBC's withdrawn red card

He exposed BBC flaws, Tory policy cynicism and a Labour cop-out

Gati Shakti is the third pillar of our Amrit Kaal growth strategy

India's policy push for self-reliant manufacturing and green growth can deliver big benefits once logistical efficiency goes up

Mitigate moral hazards: Be it finance or politics

New risks have surfaced globally within a span of days, thanks to an enlarged US backstop for bond-wracked banks and a pointed Aukus role in the Indo-Pacific. India isn't much safer

Home loan tenures jump to over 50 years on rate hikes

Those who opted for floating interest rates now face inflated EMIs or longer loan tenures

A BANK RUN AND 100 HOURS OF CHAOS

How did an Indian startup deal with the closure of Silicon Valley Bank, the confusion and anxiety? Here’s the story

Biden announces nuclear-powered submarines for Aus

President Joe Biden and the leaders of Australia on Monday announced that Australia will purchase nuclear-powered attack submarines from the US to modernize its fleet amid growing concern about China's influence in the Indo-Pacific.

US CPI still elevated as Fed comes under stress

The consumer price index rose 6% from a year ago, below January's figure

Amazon's satellite net in 2024

Amazon.com Inc. plans to launch its first Project Kuiper production satellites in 2024 and start beta testing its ambitious internet-from-space service with customers the same year.

Cos with no woman director under lens

Companies defaulting on the regulatory requirement to have at least one woman on their boards are attracting the attention of authorities, two persons aware about the development said.

Govt plans more InvITs to monetize infra assets

Retail investors to get special preference with larger quota in the new InvITs

New app rules to hit phone makers' revenues in India

The proposed new security rules mandate screening of major operating system updates

India has amplified possibilities of digital infra, says Sunil Mittal

The massive possibilities of digital infrastructure are amplified and showcased here in India, Bharti Enterprises Chairman Sunil Mittal said on Tuesday as he emphasised that the India model' which is frugal and low cost can be implemented by the African nations.

Meta to slash 10k jobs in second layoff round

The widely anticipated job cuts are part of a larger restructuring

Global banking stocks steady after $465 billion SVB wipeout

A selloff in global financial stocks paused on Tuesday after a two-day, $465 billion wipeout.

A fiscal pill to cool inflation fever

India’s inflation measured through the consumer price index (CPI) is still running hot. In February, the headline CPI remained elevated at 6.44% year-on-year (y-o-y), breaching the Reserve Bank of India’s (RBI) upper target limit of 6% for the second consecutive month.

'Infrastructure is crucial for innovation, research'

ChatGPT has put generative AI on every company’s roadmap. Training such large language models also requires large amount of computing power and companies like Nvidia, which drive some of the most powerful supercomputers, are set to play a key role. In an interview, Vishal Dhupar, managing director, Asia-South for Nvidia, delves into the role of generative AI, the value of computing infrastructure, and how well-placed India is to exploit these disruptive AI technologies. Edited excerpts:

Weatherman sees hotter summer for parts of north, east, central India

A hotter-than-normal summer is expected with temperatures likely to reach 2-3 degree celsius above normal in some parts of the Indo-Gangetic plains and eastern India during the last week of March, the India Meteorological Department (IMD) told a high-level meeting on Tuesday.

Wholesale inflation hits 2-yr low, food prices remain high

WPI remained in single digits for fifth month after 18 months of double-digit inflation

Zurich Airport eyes more bids under PPP

Switzerland’s Zurich Airport, which is building a greenfield airport near Noida in Uttar Pradesh, is looking to bid for more airports in the public-private partnership mode, said Christoph Schnellmann, chief executive of Noida International Airport.

Top corporates, HNIs queue up to book private jets

Top corporates and wealthy individuals continue to snap up business jets or tie up with aircraft operators for them, even though some of the pandemic-driven demand for private travel has tapered off.

Oil PSUs hit dividend roadblock in Russia

$400 mn stuck as Western curbs make it harder to transfer money

It Takes A Foundation Of Trust To Prevent SVB-Like Runs On Deposits

Silicon Valley Bank's fall was a classic example of how panic can take down even a sound bank if public confidence is lost