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How the economy could avoid recession

Last year markets had a terrible time. So far 2023 looks different. Many indices, including the Euro Stoxx 600, Hong Kong's Hang Seng and a broad measure of emerging-market share prices, have seen their best start to the year in decades.

ITC sets its eyes on delicious millet recipes for masses

Hotels-to-packaged goods conglomerate ITC Ltd on Wednesday said it will focus on ensuring that millets, such as jowar, bajra and ragi, become more mainstream across its agriculture, packaged food and hotels businesses.

Tata Motors turns in a profit for the first time in two years

The carmaker has also put in draw-down request for tranche-II of funding from TPG Rise

Two co-founders of ShareChat step down

Ahsan, Pratap will remain on the board of ShareChat owner Mohalla Tech

BharOS ready for launch; govt, private firms do a reality check

Both government organizations as well as private sector enterprises, that require stringent privacy and security infrastructure are in talks with IIT-Madras-incubated JandK Operations Pvt. Ltd, which developed India's first indigenous mobile phone operating system, BharOS.

Bajaj aims for aggressive e-2W growth

Pune-based two-wheeler maker Bajaj Auto is set to expand its e-scooter brand Chetak with a number of new launches across price segments and user groups, as supply chains streamline and its research and development efforts on lowering the cost of its products bear fruit, a senior executive said on Wednesday after the company reported its December quarter results.

Markets down over 1%, awaiting cues from budget, US Fed

The Indian markets saw significant volatility on the derivatives expiry day on Wednesday as weak global cues also influenced. The session ended with deep cuts as short seller Hindenburg raised concerns over the Adani group's debt position.

Colgate needs to brush up on growth after another dull quarter

Colgate-Palmolive (India) Ltd, which is present in the oral care category, has been unable to revive its revenue and sales volume growth for a while now. This trend has continued in the December quarter (Q3FY23) as well even as expectations were measured.

India to set up expert teams to deal with health emergencies

The government is setting up 100 teams that will respond to health emergencies, including pandemics, along the lines of the National Disaster Management Authority (NDMA).

Israel is India's top petro-product buyer

Israel has emerged as top buyer of Indian petroleum products, with more than $1 billion worth of purchases in December, followed by the UAE, US and Togo. This comes as Russia continues to be the top source of crude oil for New Delhi as per official data.

Just 1 of 10 F&O traders made profit in FY22

Millions of investors have ventured into India's derivatives market in recent years, but just one out of 10 of them made any profit from the expedition, a new report showed.

EV battery rules likely next month

The government is likely to announce next month crucial battery safety and performance standards that are expected to play a key role in promoting electric vehicle adoption and reducing pollution, two senior government officials familiar with the development said.

'PhonePe investors paid ₹8,000 cr tax'

PhonePe's investors had to pay a very high price to relocate to India, chief executive Sameer Nigam said, adding the digital payments firm's decision to shift from Singapore has cost its investors a \"shocking\" ₹8,000 crore in capital gains taxes.

US short seller's fraud claim batters Adani Group shares

Hindenburg Research releases lengthy report alleging fraud by the conglomerate

RRR, The Elephant Whisperers win Oscar nominations

The teams behind RRR, All That Breathes, and The Elephant Whisperers on Tuesday celebrated their films' history-making nominations at the 95th Academy Awards.

TV channel price hike likely to be implemented only by April

As the date for the implementation of new TV A channel pricing nears, broadcasters expect a 10-15% increase in distribution revenues, with announcements of new channel bouquet and a-la-carte pricing in line with amendments to the tariff order, known as NTO3.0.

TVS to double electric two-wheeler sales by March; lines up multiple launches

TVS Motor Co. aims to double its electric two-wheeler sales by March and launch a range of new products, from 5kWh to 25kWh, to expand its iQube line within the next 12-18 months, a senior executive said.

Efficiency, costs key focus in Air India-Vistara merger drill

In January 2022, Air India had 12,085 employees while Vistara has about 5,000 employees

SBI Cards profit misses estimates in Dec quarter on high expenses

India's SBI Cards and Payment Services Ltd reported smaller-than-expected rise in quarterly profit, as higher costs offset robust consumer spending, sending shares to a seven-month low.

Laptop demand ebbs as pandemic eases

The pandemic-led shift to remote work, which fuelled massive demand for PCs and laptops in the last two years, is starting to fade.

ONGC to map India's geothermal resources in search of clean energy

ONGC plans to map the geothermal energy sources of India in search of clean energy.

Scrap windfall tax on crude, says Ficci

The government should scrap the windfall profit tax on domestically produced crude oil as the levy is impacting the capex-intensive exploration of oil and gas, the industry said in a recommendation for the forthcoming annual budget.

Tata Trusts names Siddharth Sharma CEO, Uppaluri COO

Tata Trusts, the philanthropic arm of the Tata group and largest shareholder in the group holding company, named Siddharth Sharma, 58, as its chief executive officer and Aparna Uppaluri, 48, as chief operating officer.

Govt may add I-T slabs in tax regime overhaul

Income range covered in each slab may be made narrower in new scheme

5 Billion People Exposed To Toxic Trans Fat: WHO

Five billion people are exposed to higher heart disease risks through trans fat, the World Health Organization said Monday, calling out countries that have failed to act against the toxic substance.

'India-made 5G, 4G tech rollout this year'

Indigenously-developed 5G and 4G telecom technology stack will be rolled out in the country this year and the platform will be offered to the world from next year, Union telecom minister Ashwini Vaishnaw said.

Cleartrip to sharpen hotels focus in 2023

Hotels will be the single biggest focus area for Flipkart-owned travel portal Cleartrip following the relaunch of the vertical about seven months ago, with aims to expand its partner hotel network from 20,000 to 80,000 this year, across two- to five-star categories.

P-notes investment dips to ₹96,292 crore in Dec

Investment in the Indian capital markets through participatory notes (P-notes) slightly dropped to ₹96,292 crore at the end of December 2022 from the preceding month on higher valuation of domestic markets.

Railways seeks to boost internal revenue in post-pandemic push

Having failed to increase internal revenue generation in the last three years, Indian Railways proposes a mega-push to raise its fare and non-fare revenues in FY24 based on first assessment of earnings in largely covid-free FY23.

Leaders of Quad likely to meet in May in Sydney

The Quad leaders' summit is expected to be held in This according to people aware of the matter.