CATEGORIES

Reliance Retail sets sights on Italian beauty & cosmetics brand Kiko Milano

Talks under way to acquire India biz; deal size pegged at 100 cr

Auto sales in fast lane

Passenger vehicle dispatches at 373,177, up 11.3% YoY

NFRA plans fresh inspection round

THE NATIONAL FINANCIAL Reporting Authority (NFRA) is planning to come down heavily on the Big Five if they fail to take corrective measures suggested by the regulator in a set of inspections concluded in December.

WTO summit drags on to extra time

India says it has protected its interests at meet

States utilise 90% of ₹1.05-trn capex loan for this fiscal

THE CENTRE HAS released over ₹95,000 crore or 90% of the 1.05 trillion 50-year interest-free capex loans budgeted in the revised estimate for states for the current financial year.

Will stick to 5.8% fiscal deficit target for FY24: Somanathan

THE GOVERNMENT WILL stick to the fiscal deficit target (revised estimate) of 5.8% of the Gross Domestic Product (GDP) for this fiscal, finance secretary TV Somanathan said on Friday.

Sports broadcast may become a seller's market, say ad experts

THE MERGER OF the Indian media business of Walt Disney with Reliance Industries' Viacom18 will create a media juggernaut with 108plus channels and two giant OTT apps (Jio Cinema and Hotstar), besides the two film studios owned by Reliance and Disney India.

Paytm bank fined ₹5.5 cr over money laundering

A MONTH AFTER the Reserve Bank of India (RBI) directed Paytm Payments Bank (PPBL) to not accept fresh deposits or give credit, the Financial Intelligence Unit-India (FIU-IND) on Friday imposed a penalty of 5.5 crore on PPBL for violating money laundering norms.

Altman, OpenAl sued by Musk for putting profit before humanity

TESLA CEO ELON MUSK has sued OpenAI and its CEO Sam Altman, alleging they violated the artificial intelligence startup's founding mission by putting profit ahead of benefiting humanity.

Feb GST mop-up rises 12.5% to 1.68 trn

THE GROSS GOODS and services tax (GST) collections in February (pertaining largely to January transactions) came in at ₹1.68 trillion, marking a 12.5% rise on year, data released by the finance ministry showed on Friday. The mop-up was the third-highest ever in any month.

Fee row: Google starts removing Indian apps

Shaadi.com, Altt, 99acres & Naukri among those taken off Play Store

GDP cheer for markets

Investor wealth surges by 4.3 trillion

Agencies Will Go After Everybody Who Has Got Black Money: FM

THE TAX DEVOLUTION share of states is decided by the Finance Commission and no finance minister, not even the "wickedest" one, can tweak it in favour of one state or the other, finance minister Nirmala Sitharaman said at the Express Adda organised by The Indian Express in Bengaluru on Wednesday. She also said more than domestic factors, external factors are a cause of worry for the economy.

Demand For Fair OTT Tariff Rises

OTT DTH players urge I&B ministry, Trai for non-discriminatory rates

India's Young Weighed Down By Rising Obesity

INDIA COULD BE facing an obesity epidemic, with alarm bells ringing, particularly for the young. A new global analysis, published by The Lancet, found that 12.5 million children (7.3 million boys and 5.2 million girls) in the country, aged between 5 and 19, were grossly overweight in 2022, up from 0.4 million in 1990.

WTO talks deadlocked over key issues

Formal closing session postponed to Friday afternoon

Oaktree top private credit lender in 2023

OAKTREE CAPITAL, KOTAK Alternative Asset Managers and Varde Partners have emerged as the three biggest lenders in the country's private credit segment last year, according to a report by REDD.

'Micro and nano influencers will gain visibility on Marketplace'

THE INDIAN INFLUENCER marketing industry has experienced rapid growth in recent years, with a projected annual growth rate of 25% by 2026, according to Statista.

Japan's embattled PM Kishida apologises over funds scandal

JAPAN'S BELEAGUERED PRIME minister renewed his apology over his governing party's corruption scandal, promising to not hold any more parties himself as leader during a political ethics committee Thursday.

Israeli troops kill over 100 Gazans waiting for aid

HEALTH AUTHORITIES IN Gaza said on Thursday Israeli fire on people waiting for aid near Gaza City had killed 104 Palestinians and wounded 280, with one hospital saying it had received 10 bodies and dozens of injured patients.

Don't meddle in Ukraine affairs or risk N-war, Putin warns West

'MOSCOW HAS THE WEAPONS TO STRIKE TARGETS IN THE WEST'

Tight liquidity pushes bulk deposit rates up

10-20 basis points higher than Certificate of Deposit rates

Suven Pharma, Cohance to merge

CONTRACT DRUG MANUFACTURER Suven Pharmaceuticals said on Thursday it will merge with Cohance Lifesciences in an allshare deal, as it looks to further scale up its contract and development manufacturing services (CDMO) business.

Coal logistics policy launched

IN AN ATTEMPT to reduce coal imports while enhancing domestic availability, the government has firmed up a plan to increase the share of railways in transportation of the fuel to 87% by FY30 from the current 65%.

CAPEX DECLINES IN JAN: Fiscal deficit till Jan near 64% of target

Tax revenues growth outpaces revised estimate

Sebi moves to limit inflows into small, mid-cap funds

THE SECURITIES AND Exchange Board of India (Sebi) has asked money managers to consider restricting one-off investments from clients in small- and mid-cap stock mutual funds and cut commissions offered for their sale, two sources with direct knowledge of the matter said.

₹75,000-crore rooftop solar scheme gets green light

CABINET CLEARS ENERGY, AGRICULTURE SCHEMES

Nod to ₹1.26-trillion chip-making units

Includes the country's first ₹91,000-crore semiconductor fabrication plant by Tata

GDP stunner: Growth zooms to 8.4% in Q3

Higher GST receipts, lower subsidy outgo widen GVA-GDP gap

Sunil Mittal First Indian To Be Knighted By King Charles III

TELECOM TYCOON SUNIL Bharti Mittal has been awarded Honorary Knighthood by the British King in recognition of his services to the UK and India business relations.