Gadkari blames engineers for road accidents

Nitin Gadkari, minister for road transport and highways, has blamed increasing road accidents and fatalities on poor engineering and substandard detailed project reports (DPRs).

'Budget must spur private sector spending on infra'

Experts want to see incentives extended to the sector in the form of sops and tax breaks

Centre may open e-marketplace for individual buyers

The list of buyers on the government e-Marketplace (GeM) is likely to be broadened to open it up for individual buyers.

Six airports told to build war rooms as fog hits flights

Fog hung heavy over Indian skies for a third day on Tuesday, disrupting air travel and prompting the government to step in.

Million e-bus plan to ride on local mfg; final call by PMO

The Prime Minister's Office (PMO) will take the final decision on a plan to replace a million diesel-run buses on Indian roads with electric options over the next decade through subsidies and other regulatory interventions, people aware of the matter said.

HDFC on retail trip; net profit up 33.6%

Next fiscal, it will go 'granular' in search of higher margins

Staying Clear Of Google Could Help Net Users Avoid Fake News

People must learn to search and fact-check information properly

RBI Issues Draft Norms On FinTech SROs

The Reserve Bank of India has come out with a draft framework that lays down broad functions, governance standards, and eligibility criteria for setting up a self-regulatory organization for fintech companies (SRO-FT).

Is India's Post-Pandemic Recovery K-Shaped? Economists Are Divided

Economists are divided on whether K-shaped recovery, a term used to denote uneven economic revival, is evident in India or whether the growth in the world's fifth-largest economy, predicted to expand 7.3% in 2023-24, is broad-based.

Are Vietnam, Thailand Cheaper Than Goa For A Beach Holiday?

Travelling to either Vietnam or Thailand can cost the same or even less than a Goa holiday if it is planned well

Ayodhya Invokes AI Ahead Of 22 Jan Temple Ceremony

As Ayodhya gears up for the Pran Pratishtha ceremony at the Ram temple on 22 January, the Uttar Pradesh government is pumping in crores of rupees for high-level security measures to maintain law and order in the city. For the first time, AI surveillance systems will be used to identify suspicious activities and track down miscreants in the city, which is buzzing with preparations for the Ram temple ceremony.

Why are we staring at a global debt problem yet again?

Global public debt in 2023 reached historical highs that have put the world economy's growth at risk. And International Monetary Fund (IMF) projections point to this burden growing much faster in the next five years than its pre-pandemic projections.

The next wave of Indian startups could determine India's techade

This is a wave of entrepreneurship that could shape the future of technology in a truly exciting phase of our post-1947 history

Global AI governance should be anchored by five key principles

AIthough artificial intelligence (AI) has been quietly helping us for decades, with progress accelerating, 2023 will be remembered as a 'big bang' year.

India's EV thrust should be led by luxury brands

Demand in this segment has been impressively strong and relatively price inelastic. An EV charge led by luxury cars could reset broad aspirations and hasten mass-market adoption

THE ANATOMY OF A CO-OP BANK SCAM

How the unravelling of the Karuvannur Service Cooperative Bank in Kerala exposed a web of deceit and criminal acts

Wholesale inflation jumps to 9-month high in December

WPI inflation rose to 0.73 % in December, accelerating from 0.26% in November

India on cusp of FDI flood, says Bajaj Finserv chairman

Another five years of a majority government in India could usher in a flood of foreign direct investment (FDI), Bajaj Finserv chair and MD Sanjiv Bajaj told Reuters at the World Economic Forum annual meeting on Monday.

India in better place for economic growth, says Axis Bank CEO

India is in a better place today to speed up economic growth helped by the approach of the current government, Axis Bank Ltd chief executive Amitabh Chaudhry said.

Boeing's pile of problems gets bigger as a key buyer hesitates

More safety checks are being planned on undelivered planes to China following the Alaska Airlines blowout

Govt intervenes as fog grounds air travel

In view of the fog-induced disruptions and adverse weather conditions at various airports, including Delhi airport, causing delays, cancellations and inconvenience to passengers, the DGCA has advised airlines to cancel flights which are likely to be delayed by more than three hours.

Mid-sized firms bullish on profitability: survey

J.P. Morgan's survey highlights positive outlook for mid-sized cos in India

Adani offers big homes to Dharavi residents

Billionaire Gautam Adani's conglomerate will g Il give homes to residents in Mumbai's Dharavi that are 17% larger than comparable projects, as the Indian tycoon starts the process of redeveloping the country's largest slum.

Vietnam's VinFast to start India EV biz in '24

Company to import vehicles as completely built-up units, set up network

RBI reviews regulatory structure for HFCs

The Reserve Bank of India (RBI) on Monday took another step to harmonize regulations applicable to mortgage financiers and other non-bank lenders, proposing higher liquid assets to back deposits at housing finance companies, smaller aggregate deposits as a proportion of their own capital, and allowing them to issue co-branded credit cards.

GMR eyes Bhutan's Gelephu economic zone for investment

Infrastructure major GMR is in talks with Bhutanese authorities for potential investments in the newly-announced Gelephu Mindfulness City, people familiar with the matter said, as the proposed special economic zone bordering Assam aims to house non-polluting firms, IT units, and hydropower projects and become the world's first carbon-negative enclave.

India insulated from Big Tech layoffs, but hiring may freeze

Google has laid off over 700 employees, while Amazon is eliminating 'several hundred roles'

SpiceJet gets nod for fund infusion

No-frills carrier SpiceJet on Monday said it has received in-principle approval from the BSE for a ₹2,242 crore capital infusion in the airline.

Lingering risks could play spoilsport for Petronet LNG

Gas importer Petronet LNG Ltd has grabbed investors' attention lately with the stock rallying 17% in the past two months.

DMart's recovery stretches on

Avenue Supermarts Ltd's recovery has been painfully slow, testing the patience of its investors. The food & grocery retailer, running DMart supermarket chain, has been reporting lacklustre results for many quarters now.