CATEGORIES

Markets end 5-day winning run on profit-taking in IT stocks

Stock markets snapped their five-day winning run on Tuesday with the benchmark Sensex declining by 199 points due to profit-taking in IT and oil shares and weak global trends.

Rupee may be winner only if India's central bank eases hold

A heady year of capital inflows for India may only result in mild gains for the rupee as the nation's central bank will likely continue to grip the currency tightly.

India MSCI trades at premium over China

Indian stocks are trading near their most expensive levels against battered Chinese peers, underscoring a growing divergence in investor preference between the two emerging market leaders.

Red Sea crisis a storm for L&T?

If concerns about the impact of the Red Sea conflict on Larsen and Toubro Ltd (L&T) are on investors' minds, the company's stock performance suggests a different story. The shares of L&T flirted with a fresh 52-week high of ₹3,605.70, hit on Monday.

mCaffeine's parent aims to raise $50-70 mn

The fundraise may see a few early investors exit the personal-care startup

Central lab to test EV batteries for safety

AIl electric vehicle (EV) batteries-domestic A and imported-will be tested for safety by the National Test House (NTH), two officials said, outlining government plans in the aftermath of several spontaneous fires.

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