CATEGORIES

EU launches probe into 'flood' of Chinese EVs, mulls tariffs

Anti-subsidy probe to last up to 13 months

Banks push for low-cost CASA

BANKS, ESPECIALLY THE public sector ones, have started aggressively pursuing low-cost current account and savings account (CASA) deposits. And they are using innovative methods like deploying direct selling agents, giving perks to employees and others, multiple senior bankers told FE.

Six airbags not a must in PVs: Gadkari

THE CENTRE HAS no plans to impose regulations mandating six airbags in passenger vehicles since automakers have started to providing them to get a better safety rating in the Bharat NCAP (New Car Assessment Programme), Union minister Nitin Gadkari said on Wednesday.

Adani in talks with lenders to raise $3.5 bn

Could be one of Asia’s largest syndicated loan deals of the year

Sugar output in Maha to fall to lowest in 4 years

SUGAR OUTPUT IN Maharashtra, India's top producing state, is likely to fall 14% in the 2023/24 crop year to its lowest in four years due to lower cane yields following the driest August in more than a century, industry and government officials told Reuters on Wednesday.

Trai cuts audit compliance burden for LSAs

TELECOM REGULATOR TRAI has reduced audit compliance of licensed service areas to once in year from four times earlier but it will cover maximum tariff offerings, including related to international roaming, according to the new regulations on quality of service.

Govt may not hike tariffs on import of edible oils

Retail inflation in edible oils in negative zone since February

Core inflation eases, but upside risks remain

EVEN AS CORE Consumer Price Index inflation moderated to a 40 month low of 4.8% in August from 4.9% in the previous month, mainly due to the statistical effect of a high base, upside risks remain from rising commodity prices.

Nod to supplementary grants likely in brief winter session

Special session to take up Bill to exclude CJI from selection panel for ECs

Ujjwala extension gets Cabinet nod

7.5 million new LPG connections to be provided in three years

Byju's hid $533 mn in a hedge fund: Lenders

EDTECH MAJOR BYJU'S allegedly hid $533 million in an obscure three-year-old hedge fund that once said its principal place of business was an IHOP pancake restaurant in Miami, according to lenders trying to recover the cash.

Early festive cheer for Indian box office

COLLECTIONS SET TO HIT RECORD ₹3,000 CR IN JULY-SEPTEMBER

Tesla's India imports set to double

$1.9-BN AUTO PARTS SOURCING LIKELY

Demand for AI jobs down by 60% in the past year

THE EXCITEMENT OVER the many uses for artificial intelligence (AI) and generative AI notwithstanding, the demand for active AI-focused specialist talent isn't exactly living up to the hype.

US Takes On Google In Landmark Antitrust Trial

GOOGLE WILL CONFRONT a threat to its dominant search engine beginning Tuesday when federal regulators launch an attempt to dismantle its internet empire in the biggest US antitrust trial in a quarter century.

Paytm doesn't see funding need in near future: CFO

PAYTM DOES NOT see the need for funding in the near future and is confident of attaining sustainable free cash flow, the company's chief financial officer said Tuesday.

Smurfit Kappa strikes $11 bn WestRock deal

PACKAGING COMPANIES WESTROCK and Smurfit Kappa Group Plc are in talks to merge, potentially creating an industry giant with a market value of about $20 billion. The companies are discussing the key terms of a possible combination to create Smurfit WestRock, according to a statement.

A lithium discovery that economists expected

WHEN I FIRST read about the discovery of a vast new deposit of lithium in a volcanic crater along the Nevada-Oregon border, I can't say that I was surprised. Not because I know anything about geology-but because, as an economist, I am a strong believer in the concept of elasticity of supply.

JCB bets big on hydrogen engines on its road towards zero carbon goal

BRITISH CONSTRUCTION EQUIPMENT manufacturer JCB is betting big on hydrogen technology, as it rolled out its 50th hydrogen combustion engine off the production line as part of the development process.

Igor Stimac: The controversial coach

A LEGENDARY DEFENDER and one of the pillars of Croatia's first golden generation of footballers. A pop artist, an entrepreneur and a connoisseur and producer of fine wine.

Apple to sell made in India iPhones on launch for first time

FOR THE FIRST time, the new iPhone model you buy on the launch day could be made in India.

'Great after-sales a key pillar of our strategy'

With three new models on the road and six more lined up for launch this year, luxury motorbike company Ducatiis looking to rapidly scale up its presence in India. Bipul Chandra, MD, Ducati India, tells Akanksha Nagar why luxury two-wheelers remain a niche segment in India and how the Bologna, Italy-based manufacturer is working to make the consumer’s purchase journey seamless. Edited excerpts:

Towards a sustainable future

THE REAL MAINSTREAM: THE GLOBAL BIOFUEL ALLIANCE MUST FOCUS ON R&D INVESTMENT AND O TECHNOLOGY TRANSFER

Destination India

Stock markets may see some consolidation in the near term, but the long-term story remains intact

Western efforts to 'restrain' China's ascent will fail: Putin

Sanctions by West on Russia has been condemned by Xi

'China's economy remains resilient'

CHINA'S ECONOMY IS resilient and has not collapsed, the Chinese foreign ministry said on Tuesday, rejecting claims from the West that its economy is faltering and could cause wider problems.

Lower duties on US apples, walnut now

Steel, aluminium export quota to US at 336K metric tonne

Food inflation falls to 9.94% in August

RETAIL INFLATION IN food basket fell to 9.94% in August, from a 10-month high of 11.51% in July, amid a sharp year-on-year decline in prices of vegetables and easing of the price pressure in pulses and milk products. Edible oil remained in the deflation zone.

Banks' investment portfolio tweaked

THE RESERVE BANK of India has revised its guidelines on how banks need to categorise their investments, in a bid to align them with global standards, it said in a release on Tuesday.

Vedanta looks at copper biz merger

LONDON-HEADQUARTERED VEDANTA Resources (VRL) will look to move Konkola Copper Mines (KCM) into Indian mining major Vedanta (VEDL) at the \"right valuation\", even as it embarks on a plan to integrate all its copper businesses.