CATEGORIES

Debt load may pose threat to nations: PM

Modi asks G20 delegates to revive stability, confidence, growth

NCLAT stays ZEE insolvency order

The National Company Law Appellate Tribunal (NCLAT) on Friday stayed insolvency proceedings against broadcaster Zee Entertainment Enterprises Ltd (ZEE).

Using thread to mark memories

Sumakshi Singh's recent work features thread renderings of her family's erstwhile home

Egg coffee: liquid dessert in a cup

Egg coffee, which holds iconic status in Hanoi, tastes much better than it sounds

A chef's new innings

Rahul Akerkar talks about teaming up with Aditya Birla New Age, authoring a book and what Gen Z expects

Why grooming is crucial

Regular grooming will promote the health of your pet's skin and coat and help identify any health issues early on

Q3 GDP growth slowed to 4.7%, shows Mint poll

India's economic growth likely slowed to 4.7% in the December quarter from 6.3% in the preceding three months, according to the median of estimates by 20 economists polled by Mint. The growth deceleration was due to a mix of economic performance and base effect, the economists said.

Biden's choice of Wall Street exec to head World Bank flayed

Progressive groups that have long advocated for a change in the leadership of the World Bank decried the Biden administration's nomination of a former Wall Street and corporate executive as more of the same at the antipoverty lender.

On war eve, Zelensky says 'will prevail'

Ukrainian president Volodymyr Zelensky on Thursday expressed confidence in his country's victory over invading Russian forces with fears mounting of strikes on the war's first anniversary.

US eyes expansion of troops to help train Taiwanese forces

The officials said that the Pentagon was expected to increase that number in the coming months

Wheat crop in good condition: FCI chief

Wheat crop is in good condition and the government's procurement would be normal at 30-40 million tonnes in the 2023-24 marketing year starting March, FCI chairman and managing director Ashok K Meena said on Thursday.

ONGC to invest in Mumbai offshore

Top oil and gas producer ONGC will invest over $2 billion in drilling a record 103 wells on its main gas-bearing asset in the Arabia Sea as it pivots a turnaround plan that will add 100 million tonnes to production, a company official said.

Firms may replace dollar debt with rupee bonds: HSBC India

Indian companies are likely to replace their dollar-denominated debt with local bonds or bank loans in the near term, as conditions in the onshore markets turn favourable, the managing director and head of debt capital markets with HSBC India said.

Sensex, Nifty extend losses for 5th session

Equity benchmark indices buckled under selling pressure for the fifth straight session on Thursday as a bearish trend in Asian markets and concerns over rate hikes by the US Federal Reserve unnerved investors.

SpiceJet may offer 5% stake to Carlyle Aviation

Low-cost carrier SpiceJet Ltd might swap 5% of its equity for dues owed to its largest aircraft lessor, US-based Carlyle Aviation Partners, two people informed of the development said.

India Inc may raise pay by 10.3% this year

Indian companies may raise wages by an average of 10.3% this year despite concerns about a global slowdown, professional services firm Aon India said, as companies seek to retain talent amid the highest attrition in 14 years.

Biden taps Banga to head World Bank

US president Joe Biden on Thursday nominated Indian-American business executive Ajay Banga to become president of the World Bank, lauding his experience forging public-private partnerships to address financial inclusion and climate change.

Centre may soon okay ₹3 tn for Bharatmala 2.0

Road ministry has sought approval for the second phase ahead of schedule

Banks Struggle With Fake Customer Care On Twitter

Banks are battling a new challenge on social media: The rise of fraudsters operating fake profiles and attempting to siphon off customers' money.

Sunak suggests he's seeking Brexit treaty change from EU

UK prime minister Rishi Sunak suggested a coming deal with the European Union (EU) over post-Brexit arrangements in Northern Ireland would involve legal changes to the existing treaty, something the bloc has previously opposed.

McKinsey to layoff 2k employees in one of its biggest round of cuts

McKinsey & Co. plans to eliminate about 2,000 jobs, one of the consulting giant's biggest rounds of cuts ever.

UK overtakes India in equity market race

The UK has surpassed India as the world's sixth-largest equity market for the first time in almost nine months as a weaker pound boosted the appeal of heavyweight exporters trading in London and Adani Group-led jitters weighed on stocks in Mumbai.

India, UAE explore virtual trade corridor to fast-track shipments

India and the UAE are exploring creating a virtual trade corridor to facilitate quicker clearance of shipments. Under the proposal, approvals and clearances related to customs will be given online on both sides.

Campus recruits in jobs limbo as firms delay onboarding

The prospects of the 2022 batch have darkened further as many companies may now choose to recruit from the new 2023 batch.

India works with FTA partners for system to plug abuse of deals

India is installing a new system to allow customs authorities here and their counterparts in free trade partner nations to generate and exchange key documents before shipments reach their shores as part of a drive to check abuse of free trade deals, two persons informed about the development said.

MPC opposed to a hasty pause in war on inflation

Members of the Reserve Bank of India's monetary policy committee (MPC) agreed to raise the repo rate by 25 basis points in February as it felt a pause would be premature in its fight against runaway prices, showed minutes of the meeting published on Wednesday.

NCLT admits IBC pleas of Indus Ind against ZEE, Siti

The dedicated bankruptcy court also admitted a similar insolvency application against Essel Group's Siti Networks Ltd, filed by the same financial lender.

Rate hike fears over high inflation buffet markets

Sensex slips below 60,000 and Nifty lingers at lows of more than four-months

Russia suspends its last major nuclear arms treaty with US

Putin emphasized that Russia is suspending its involvement and not entirely withdrawing from the pact yet

Markets edge lower in choppy trade amid weak global cues

Equity benchmark indices. Sensex and Nifty ended marginally lower in a highly volatile trade on Tuesday as investors preferred to stay cautious ahead of the release of minutes of the Federal Open Market Committee (FOMC) meeting.