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India can do it: Uday Kotak on 9-10% GDP growth target

INDIA IS WELL positioned to achieve a gross domestic product (GDP) growth of 9-10% even as the global economy slows down, says veteran banker Uday Kotak.

NPCI to sign pact with Al Etihad Payments of UAE

THE NATIONAL PAYMENT Corporation of India (NPCI) subsidiary that has been tasked with taking its payment technologies global,would sign an initial agreement on Thursday with Al Etihad Payments to help develop the United Arab Emirates' domestic scheme for payment cards, a senior official said.

NIIF and JBIC launch $600-mn climate fund

The fund will be used in RE, e-mobility and circular economy sectors

Paramount rethinks India plan

PARAMOUNT GLOBAL IS considering scrapping plans to launch its Paramount+ streaming service in India this year in favour of a deal with JioCinema, according to people familiar with its strategy.

One in three investment advisors unregistered

SECURITIES AND EXCHANGE Board of India (Sebi) chairperson Madhabi Puri Buch on Wednesday made a strong case for differentiating between investing advisory and money management.

Ujjwala subsidy hiked to ₹300 per refill

THE GOVERNMENT ON Wednesday raised the subsidy on cooking gas (LPG) sold under the Pradhan Mantri Ujjwala Yojana (PMUY) by 100 to 300 per cylinder. The move will benefit 96 million families and cost the exchequer ₹1,5001,800 crore in the rest of this fiscal.

Jet Airways' lenders question Jalan-Kalrock funding source

Consortium says lenders do not intend to transfer ownership of airline

India, UK to ink FTA this month

Sunak likely to visit India to sign trade agreement

At WTO, Growing Disregard For Trade Rules Shows World Is Fragmenting

NOTHING ILLUSTRATES THE crisis at the World Trade Organization (WTO) more than the piling up of unresolved disputes and the growing list of what it terms the "trade concerns" of its members.

Instagram, FB To Charge EU Users For Ad-Free Service

The proposal is an attempt to comply with EU regulations

Rohit Puts To Rest Shadow Of Past: 'Yes, We Have Not Won; It Is Fine... It Happens'

THE LAST TIME India won an ICC tournament was in 2013, when MS Dhoni lifted the Champions Trophy.

JSW Infra hits upper circuit on mkt debut

SHARES OF JSW Infrastructure, which listed on the stock exchange on Tuesday, hit the upper circuit of 10% on debut.

'31 mn users may switch to 5G phones this year'

AS MANY AS 31 million smartphone users in the country are expected to upgrade to 5G phones in the current year, according to a report by Ericsson Consumer Lab.

Space tech startups get Chandrayaan-3 booster

Expected to help improve funding environment

What successful innovators do

Innovations that do not solve people’ tension have low market impact

'India to be one of our top 3 APAC markets by 2024-25'

Lexus, the luxury car brand of Toyota that debuted in India in 2017,posted a 76% increase in sales in 2022, albeit on a small base.

Sunak's HS2 silence sparks Tory backlash

BRITAIN PRIME MINISTER Rishi Sunak is facing a growing backlash from politicians and businesses as he prepared to present his Cabinet plans to halt the northern leg of the flagship HS2 high-speed rail project.

Biden launches 2024 campaign ad ahead of poll

JOE BIDEN'S REELECTION campaign is launching a new ad highlighting his efforts to lower consumer costs, ramping up its effort to reverse the president's poor marks on the economy ahead of the 2024 election.

HDFC Bank rejigs leadership to focus more on mortgages

HDFC BANK HAS reshuffled its top management aiming to boost the mortgage business.

Mid, small-caps likely to lose steam in second half

Due to uncertainty around key events, safe havens preferred bets

India Inc credit ratios moderate in Apr-Sept

THE CREDIT RATIOS, or the proportion of upgrades to downgrades of corporates, fell in April-September from a year ago as some sectors witnessed a rise in downgrades, according to reports by various rating agencies.

SpaceMantra, certain lenders seek relook at Future Retail bid

SPACEMANTRA, THE ONLY bidder for Future Retail (FRL), and certain lenders are seeking a relook at the bidding process and extension of the deadline, which ended on September 30.

After-sales services: Pixel lags peers with longer repair time

AMONG THE MAJOR brands in the country, Google Pixel lags on the after-sales service parameters like time taken to repair phones compared to players like Samsung, OnePlus, Oppo, Apple, Vivo and others, according to experts and data available on the websites of different brands.

Over 5 million NavIC chips to auto sector in 3 years: Accord

Announces production of new chips through GlobalFoundries

PFC grants ₹15,000 crore in fresh lending

STATE-OWNED POWER Finance Corporation's (PFC) diversification drive is likely to help it generate more revenues and wouldn't adversely impact its funding capability in the power sector, according to analysts.

Panel clears ₹60k-cr urban housing subsidy scheme

THE CENTRE WILL shortly roll out a new ₹60,000 crore interest subsidy for the urban poor and middle class, sources said, adding that Expenditure Finance Committee (EFC) has already approved the proposal of the ministry of housing and urban affairs in this regard.

Manufacturing PMI hits 5-month low

‘Mild slowdown in output growth due to softer rise in new orders’

World Bank India growth forecast remains at 6.3%

Positive surprise likely on fiscal deficit

IHC raises holding in Adani flagship

ABU DHABI-BASED INTERNATIONAL Holding Company (IHC) has increased its stake in Adani Enterprises (AEL) to more than 5%, taking its total investment in the Adani Group flagship to about 14,000 crore.

As EU relents, fresh scope for solution on food security

A DECADE AFTER the World Trade Organsiation (WTO) brought in a \"peace clause\" on public stock-holding for food security, mainly at New Delhi's instance, prospects are looking brighter for a permanent solution for the vexed issue.