CATEGORIES

Markets snap three-day rally

WEAK GLOBAL CUES, FOREIGN FUND OUTFLOWS

Big Tech firms to face tougher rules on targeted political ads in EU

BIG TECH FIRMS will face new European Union (EU) rules to clearly label political advertising on their platforms, who paid for it and how much and which elections are being targeted, ahead of important votes in the bloc next year.

Israel plans 'indefinite' security control over Gaza

ISRAELI PRIME MINISTER Benjamin Netanyahu said he sees his country having security control over Gaza for an indefinite period, suggesting it will maintain that role even after fighting in the besieged territory ends

PhonePe rejigs management as user base surpasses 500-million mark

PAYMENTS SPACE MAJOR PhonePe on Tuesday announced several key leadership changes by appointing Hemant Gala as the CEO of its lending business and Vishal Gupta as the CEO of insurance business, according to a media statement.

Ujjivan SFB targets to improve CASA in line with sector peers

BENGALURU-HEADQUARTERED UJJIVAN SMALL Finance Bank (SFB) is putting in place various systems to bring its low-cost current account and savings account ratio (CASA) in line with its peers, said MD & CEO Ittira Davi.

Cautious FPls continue to sell in second half of Oct

Turmoil in West Asia keeps investors jittery

Enfield opens new Himalayan bookings

Launch likely on November 24

IndiGo: 35 aircraft to be grounded due to 'powder metal' flaws

INDIGO ON TUESDAY said that based on its preliminary assessment and information received from Pratt & Whitney on the engine powder metal issue, it expects 35 aircraft to be grounded in the January-March quarter of the current fiscal

Hero MotoCorp to make EV foray into Europe next year

THE WORLD'S LEADING two-wheeler maker Hero MotoCorp on Tuesday said it will foray into the European market with its electric scooter range next year.

HPCL lays out ₹75,000-cr capex plan for five years

Also plans to nearly double capacity of Vizag refinery

FMCG records 8.6% volume growth on easing inflation

INDIA'S FAST-MOVING consumer goods (FMCG) market reported a 9% year-on-year jump in September 2023 quarter sales and an 8.6% rise in volumes for the period, market research agency NielsenIQ (NIQ), said on Tuesday, led by urban markets

Cong skipped CIC meeting as they hate Dalits: Modi

PRIME MINISTER NARENDRA Modi Tuesday said the Congress boycotted a meeting on the appointment of the Chief Information Commissioner because they \"hate Dalits\"

Chhattisgarh: Phase 1 turnout 71% amid Maoist violence, boycott call

A PROVISIONAL TURNOUT of around 71% was recorded in the first phase of Chhattisgarh Assembly elections for 20 constituencies on Tuesday, voting for which was held in separate time slots, amid Maoist violence and the call for boycott, officials said

OMCs may make healthy margins in Q3 too

THE THREE STATE-OWNED major oil marketing companies - Indian Oil Corporation, Bharat Petroleum Corporation, and Hindustan Petroleum Corporation - returned to profitability in Q2FY24 after reporting losses in the corresponding period a year ago primarily on the back of improved marketing margins and growth in sales volumes

Post-GST, consumers pay far less tax: FM

TAX RATES OF essential goods and services have comedown since the inception of Goods and Services Tax (GST) in 2016, and consumers are paying \"far less\" taxes compared to what they used to pay pre-2016, finance minister Nirmala Sitharaman said on Tuesday

Goyal: Will rally other countries on EU carbon tax

INDIA IS EXTREMELY concerned about the European Union's (EU) move to impose carbon tax on imports and will rally other countries to deal with the challenge it poses, minister of commerce and industry Piyush Goyal said on Tuesday

SC to states near Delhi: Stop stubble burning 'forthwith'

AMID A SPIKE in pollution levels in Delhi-NCR, the Supreme Court on Tuesday directed Punjab, Haryana, Uttar Pradesh and Rajasthan to ensure crop residue burning was stopped \"forthwith\", saying it cannot let \"people die\" due to pollution

CPSE dividends to Centre to exceed BE by ₹20,000 cr

THE CENTRE'S DIVIDEND receipts from central public sector enterprises (CPSES) will likely exceed the Budget Estimate (BE) of ₹43,000 crore for 2023-24 by close to ₹20,000 crore, partly bridging the likely shortfall in disinvestment receipts

Go First lenders see 30% recovery from collateral land parcel

LENDERS OF GO First are expecting to recover around 25-30% or ₹1,600-1,900 crore of their exposure to the beleaguered airline, a senior banker told FE.

Deepfakes must be taken down: Govt

THE GOVERNMENT ON Tuesday made it clear to social media firms like X, Facebook, Instagram etc that pending a new Digital India Act, they should take down content related to deep fakes and similar misinformation from their platforms even in the absence of a formal complaint, under the provisions of Information Technology Act

RBI Could Hike Rates If Oil Sees Sustained Rise: Morgan Stanley

Every $10 rise in crude pushes up inflation by 50 bps

Limit Requests For Account Details To Heinous Cases: Meta

REQUESTS FOR "LOGIN or logout details" of a social media account should be limited to "cases of heinous nature or significant gravity", a team of Meta officials is learnt to have told the Delhi Police.

Gaza Strip Split Into Two After Israel Steps Up Ground Assault

A One-way Corridor For People Remains Available

China's First Deficit In FDI Signals West's 'De-Risking' Pressure

CHINA RECORDED ITS first-ever quarterly deficit in foreign direct investment (FDI), according to balance of payments data, underscoring capital outflow pressure and Beijing's challenge in wooing overseas companies in the wake of a "de-risking" move by Western governments.

Jadeja, the inheritor of Kumble's mantle

THERE ARE SOME balls that you neither remember for your lifetime, nor forget too soon. They are like the passing scenery en route the winding hairpin bends to the summit of a hill-station.

Governors must act before states come to SC: CJI Bench

CJI says governors are not elected representatives, soul searching needed by them & chief ministers

Be in office 3 days a week: Wipro to staff

IT giant announces mandatory hybrid work policy

Tesla plans to build €25,000 EV in Germany

TESLA PLANS TO build a 25,000-euro ($26,838) car at its factory near Berlin, a source with knowledge of the matter said on Monday, in a long-awaited development for the electric vehicle maker which is aiming for mass uptake of its cars.

Markets continue to rally on dovish Fed

SENSEX AND NIFTY JUMP NEARLY 1%

PSBs' recoveries from write-offs improve

MANY PUBLIC SECTOR banks (PSBS) have seen an improvement in their recovery from write-offs in the September quarter as lenders have adopted a wide range of measures to collect these loans.