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STRONG STOCKING IN Q4: Auto, FMCG firms upbeat on rural demand revival

IMD forecast of normal monsoon lifts the mood

INS slams rules on 'fake news'

THE INDIAN NEWSPAPER Society (INS) has urged the Centre to withdraw the IT Rules amendment notified on April 6, stating that it would have the effect of the government or its designated agency enjoying \"absolute\" and \"arbitrary\" power to determine what was fake or not in respect of its own work, and order its takedown from Internet platforms.

New WhatsApp features to include account safety, device verification

INSTANT MESSAGING APP WhatsApp on Thursday announced additional security features such as account protection, device verification, and automatic security codes for users.

After I-T, ED at BBC door, registers case

The ED action follows surveys by the IncomeTax Department in February at BBC premises in New Delhi and Mumbai for the firm's alleged non-compliance” with transfer pricing rules and diversion of profits

Apple triples India iPhone production

$7 BN OF IPHONES MADE IN INDIA IN FY22 | The US firm now makes 7% of its iPhones in India

References to Maulana Azad removed from NCERT Class 11 book

REFERENCES TO FREEDOM fighter and India's first education minister Maulana Abul Kalam Azad have been removed from the new class 11 political science textbook by the National Council of Educational Research and Training (NCERT).

SC to Centre: File comprehensive affidavit on coal block allocation in Chhattisgarh

THE SUPREME COURT on Thursday sought a comprehensive affidavit from the Centre on the pleas related to a coal block allocation in Chhattisgarh to the Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) and mining operations by Adani Enterprise Limited (AEL).

Shaky, flawed: SC on K'taka scrapping 4% Muslim quota

THE SUPREME COURT Thursday told the Karnataka government, which asserted that Constitution does not permit reservation on the basis of religion, that a reading of its order scrapping the 4% quota for Muslims in the state \"appears to suggest that prima facie...the foundation of its \"decision-making process is highly shaky and flawed\".

HSBC to add 30 private bankers in India push

ONSHORE PRIVATE BANKING SERVICE LIKELY BY JUNE | Bank may fill roles internally and from rivals as well | A $600-BILLION OPPORTUNITY

Gold at 1-year high amid economic worries

GOLD SURGED ON Thursday as more weak US economic readings bolstered bets for a pause in interest rate hikes, with prospects of a mild recession also sending investors scurrying for the safe-haven.

Fino Bank eyeing 35-40% CASA growth: CFO

FINO PAYMENTS BANK is eyeing 35%-40% year-on-year (y-o-y) growth in its low-cost current account and savings account (CASA) deposits in the current financial year, its chief financial officer Ketan Merchant told FE on Wednesday.

Who'll finance Indian infra after the Adani scandal?

AS THE ADANI Group grapples with uncomfortable scrutiny, there's a palpable nervousness in India about what will happen next.

MF staff likely to get 20-40% bonus

ASSETMANAGEMENT COMPANIES (AMCs) are likely to pay 20-40% of their annual salaries as bonuses to their employees this year, in line with the previous year, industry officials said.

Investment in P-notes in Feb falls to ₹88,398 cr

INVESTMENT IN THE Indian capital markets through participatory notes dropped to ₹88,398 crore monthon-month in February amid higher valuation of domestic markets.

Top-rated firms warm up to EBLR lending

EXTERNAL BENCHMARK-LINKED LOANS' SHARE UP | Move after RBI's latest policy decision

Airbus regains €100-billion market value

AIRBUS HAS CLAWED back a €100 billion ($110 billion) market value last reached before the coronavirus pandemic in early 2020 knocked the stock, as a rapid rebound in air travel swells the planemaker's order book.

Bankrupt FTX recovers $7.3 billion in assets

BANKRUPT CRYPTO EXCHANGE FTX has recovered over $7.3 billion in cash and liquid crypto assets, an increase of more than $800 million since January, the company's attorney said on Wednesday at a US bankruptcy court hearing in Delaware.

Xi pivot fails to stop exodus by big investors in tech

XI JINPING LED a parade of officials this spring vowing to revive China's economy, hoping to repair the damage wrought by years of Covid Zero and regulatory clampdowns. Some of the world's biggest investors are selling anyway.

US lawmakers for relief to H1-B visa holders

Write to USCIS, want they be allowed to stay even after losing jobs

Fed leans towards another hike, defies recession warning

FEDERAL RESERVE OFFICIALS appear on track to extend their run of interest-rate hikes when they meet next month, shrugging off their advisers' warning of recession with a bet that they need to do a little more to curb inflation.

SoftBank to slash Alibaba stake

SOFTBANK GROUP IS moving to sell more of its stake in Chinese internet giant Alibaba Group, unwinding the bet that spurred the Japanese company's ambition to invest billions of dollars into startups.

Flexi health cover makes insurance affordable

People can customise policy by fixing tenure and the sum assured

How to pick the right pension fund

Evaluate your goals, risk tolerance before choosing a fund

Wheels of change

Manufacturers increase investments in digital solutions as challenges hobble sector

India's burgeoning InsurTech sector

In the past two years, India has witnessed growth in the InsurTech landscape with the emergence of new consumer segments

Decoupled from the US

INDIA'S INFLATION TRAJECTORY HAS BEEN STABLE, LEADING TO COMPRESSED DIFFERENTIALS WITH THE US. THIS LED TO A LOWER RATE HIKE CYCLE AND POSSIBLE LONGER-TERM LOWER YIELDS

Infosys follows TCS, misses Q4 Street estimates

\"As the environment has changed, we see strong interest from our clients for cost and efficiency, consolidation opportunities, resulting in a strong large deal pipeline.

Indian Oil, Adani Total, Shell lap up Reliance's KG-D6 gas

Indian Oil walked away with almost half of the 6 million standard cubic metres per day of gas sold in the e-auction

Air India to save 15K tonnes of jet fuel in 3 years with 'TaxiBots'

AIR INDIA ON Thursday signed an agreement with KSU Aviation to launch 'TaxiBot' operations at the Delhi and Bengaluru airports for its Airbus A320 family of aircraft, seeking to save nearly 15,000 tonnes of jet fuel over three years.

Ashok Leyland launches portal for used CVs

TAKING A STEP further in its used vehicle business, Hinduja flagship Ashok Leyland (ALL) on Thursday launched its emarketplace for used commercial vehicles (CVS), which will help customers in exchanging their old vehicles and upgrading them to new ALL trucks and buses.