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Russia missile strikes intensify aerial war with Ukraine
Ukraine said at least four people were killed in Russian missile strikes in the early hours of Tuesday that mainly targeted the country's largest cities, Kyiv and Kharkiv.
Japan quake toll rises to 48, many feared trapped in cold
Authorities confirmed 48 deaths, all in Ishikawa prefecture, making it Japan’s deadliest earthquake since 2016
VRO Hospitality raises $10 mn to expand
Bengaluru-headquartered VRO Hospitality, which operates 42 lounges and bars in the country, has raised $10 million in a bridge funding round led by Axis Bank and venture capital firm Gruhas, which is backed by Zerodha co-founder Nikhil Kamath.
InvAscent aims to sell stake in Aizant Drug
The stake-sale deal is expected to value the drug firm at 350-4.00 million
Focus on provisions, capital in draft bank dividend norms
The Reserve Bank of India (RBI) on Tuesday issued draft norms on declaring bank dividends, laying down eligibility criteria and guidelines on board oversight.
Truck strike: Solution in sight as govt extends olive branch
Govt says truckers will be consulted before finalizing code, asks drivers to return to work
Markets turn choppy as domestic investors book profits
Sharp volatility gripped the indices, which swung wildly between high and low on Day 2 of the new year, as DIIs and retail/HNI (high networth individuals) booked profits and FPIs purchased shares at the lows.
Rally in tech stocks faces earnings test
The rally in technology stocks in India may face a speed bump next week as companies report their December-quarter earnings in the face of rising scepticism among analysts.
Markets turn choppy as domestic investors book profits
Sharp volatility gripped the indices, which swung wildly between high and low on Day 2 of the new year, as DIIs and retail/HNI (high networth individuals) booked profits and FPIs purchased shares at the lows.
States' debt cost crosses 7.7%; spread with G-Secs over 50 bps
At the first weekly auction of the last quarter of 2023-24, the states saw their interest burden sharply rising to cross the 7.7 percentage mark on Tuesday, leading to the spread between cut-off of 10-year state bonds and the G-Sec yield crossing the 50 basis points mark for the first time in two years.
Should Coal India's investors worry, after a stellar rally in stock?
Coal India Ltd (CIL) has kicked off 2024 with a bang. Shares of the mining major hit a new 52-week high for the second consecutive day on Tuesday.
Two-wheelers may race ahead in 2024
The Nifty Auto index gained considerably in 2023, emerging as the second-best performer among sectoral indices, rising nearly 48% vis-à-vis the Nifty 50 index's 20% gains.
Ansapack picks up strategic stake in Rich Printers
Pharma packaging solutions provider Ansapack Pvt. Ltd has acquired a strategic stake in Rich Printers Pvt. Ltd through its folding carton division, Ansa Folding Carton. Rich Printers offers offset printing as well as other services across sectors.
Cult.fit acquires India biz of US fitness chain
It bought the remainder 40% stake in Gold’s Gym operator for 790-100 cr
Indian tea exports slump to $531 mn during April-November 2023
India saw a slump in its tea export earnings during April-November 2023 amid regulatory challenges in Iran, a large market, and due to the ongoing Ukraine crisis impacting exports to the CIS (Commonwealth of Independent States) and Western European region, latest data from the commerce ministry showed.
France, Germany to fund AMRUT mission
France's development agency AFD and Germany's KfW Bank are in talks with India to provide ₹100 million loan to fund the country's urban infrastructure plan, AMRUT mission, according to persons aware of the matter.
India building coal stocks for summer
The government is preparing to build up India's coal stocks to meet high demand for power in the April-June period in 2024, as summer arrives in an election year.
India's pulses imports rise 40% in 2023 as output falls
Surge in imports can be attributed to anticipated lower production for 2 consecutive crop years
Ola Electric wins 40% share in Dec, offers to stay
Ola Electric stormed past the 40% market share milestone in electric two-wheeler sales in December, driven by deep discounts and an extensive offering of aggressively priced e-scooters at multiple price points.
OVL works on oil-for-dividend deal with Venezuela
ONGC Videsh Ltd (OVL) is in talks with its Venezuelan partner to secure oil cargoes in lieu of unpaid dividends totalling $600 million, two people aware of the development said.
Extra flying rights, but with caveats
Govt wants to encourage point-to-point traffic on int'l front
Lessons In Economics From The IPL Auction
Teams spent big money at the December auction. Information, potential and recency effect played their part
Expand India's Economy But Not As An End In Itself
Our robust macro data hides a disquieting micro story that should be addressed in 2024. The government and central bank ought to ensure that faster growth is more equitable too
Four elections and a rate cut: The world is in for an exciting 2024
Known unknowns and events in the political as well as economic arenas could combine in multiple ways to yield surprises
Living and leading with emotional intelligence
Suppressing emotions can lead to physical and mental illness. Feeling and managing one's emotions and that of a team is a leadership skill
Four DIY tools to aid post-workout muscle recovery
No time to stretch or get a sports massage? Here are some alternatives
What to do to counter the danger of sitting for hours
Backaches are the most common outcome of spending hours at a desk. Here's how to prevent it while continuing to work
This educational idea can take on a youth mental health crisis
A new academic focus in America on the problem holds promise
Adani hires global team for Mumbai's slum redevelopment
The Adani Group has brought leading global experts in city planning, including architect Hafeez Contractor, design firm Sasaki, and consultancy firm Buro Happold, on board for the ambitious Dharavi redevelopment project in Mumbai.
₹766 cr sanctioned for projects in NE
NEDFi has set up the north-east venture fund to foster start-ups in the region.