CATEGORIES

A Boycott of Costco for Its DEI Efforts Is Not Likely to Succeed

The US retailer has a loyal base of shoppers that it's unlikely to lose

Wealth tax: Let's judge it by principles of taxation

Tax canons laid down by Adam Smith remain relevant, though his list has been extended. Test the idea of a wealth tax against these, lest we get carried away by progressive idealism

Hacked in 2024? India's privacy rules require you to take action

Draft digital personal data protection rules demand that data breaches be reported retrospectively

MFD, RIA, RA: Explore your career as a financial adviser

Understand the earning potential, licensing and compliance to choose your best suited path

Cutting Through the Clutter: Key Focus Areas for Retail Investors in 2025

Remember that social media is for fun, and not serious topics such as personal finance advice

Health insurance claims: How to ensure grievance redressal

My health insurer recently rejected my claim, citing my inability to provide key internal hospital papers that they require. Despite having submitted all other necessary documents, they are insisting on these specific papers, which I am unable to obtain from the hospital. I believe my claim is valid and that I have complied with all the necessary documentation required.

Assam mining tragedy: Rescue operations on for fourth day

Rescue operations by multiple state and central agencies continued for the fourth day on Thursday to locate trapped miners inside an illegal rat-hole coal mine in Dima Hasao district of Assam, officials said.

Bank officers' union warns of strike

Bank officers' union AIBOC on Thursday threatened to go on a nationwide strike on 24-25 February to press for their various demands, including a five-day work week and adequate recruitment in all cadres.

Centre to give LPG subsidy to oil PSUs

The government is likely to provide a subsidy of ₹35,000 crore to state-owned Indian Oil Corporation Ltd (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) to make up for losses they incurred on selling the fuel this fiscal, people aware about the development said.

Eli Lilly to Set Up GCC in Hyderabad

Pharma major Eli Lilly and Co. on Thursday said it plans to establish a new global capability centre (GCC) in Hyderabad and hire over 1,000 people to strengthen its digital strategy and service delivery.

Earthquake-hit Tibet calls off search

Authorities moved more than 45,000 people in Tibet to shelters in a massive rescue operation near the foot of the Himalayas, as they wound down the search in a high-altitude environment where the odds of survival were always slim.

RBI Chief Seeks To Improve Forecasts

Reserve Bank of India's (RBI) new governor Sanjay Malhotra has initiated a review of the central bank's inflation and growth forecasting tools to minimise projection errors, four sources said.

Well-poised for 700 hotels by '30: IHCL

Tata Group-backed Indian Hotels Co. Ltd (IHCL) on Thursday said it is \"well poised\" to achieve the portfolio of 700 hotels by 2030 under its \"Accelerate 2030\" strategy.

Adani group to sell 20% in Wilmar JV

Adani Group said it plans to sell a stake of up to 20% in Adani Wilmar to the public, as the conglomerate looks to comply with minimum public shareholding rules amid plans to exit the company.

HMPV is not a new pathogen in India

India saw more than 200 cases of Human Metapneumovirus (HMPV) cases between January and December last year, senior government scientists said, emphasizing that the virus is not a new pathogen and there was no cause for concern.

NRAI to take action on Zomato, Swiggy

Opposing \"private labelling\" by Zomato and Swiggy and their recent foray into quick commerce food delivery via separate apps, restaurant body National Restaurant Association of India (NRAI) on Thursday said it will file complaints with \"relevant regulatory authorities\" and initiate legal action to prevent them from monopolising the market.

Centre to regroup about 1,200 medical devices for uniformity

The current size of India's medical devices sector is about $11 billion

Trump's NATO vision spells trouble for the alliance

Call for higher arms spending and threat of grabbing allies' land dial up pressure on members

Swiggy adopts hybrid app strategy to grow

Launches stand-alone apps for Instamart, while retaining unified platform

Vijay's exit tests Tamil films' star culture

As audiences favour strong narratives, Tamil film has a chance to reinvent itself if it sheds its star-centric legacy

Emami eyes wider male grooming market

Emami Ltd, the consumer company that sells Zandu and Navratna ayurvedic products, has renamed its almost two-decade-old male grooming brand as it plans to tap a wider market that is set to expand to ₹32,000 crore over the coming years.

No resolution in sight for Dunzo as Biswas moves to Flipkart

Dunzo is swamped with liabilities of about $70 million and still has 30-40 full-time employees, as per reports

Mercedes to expand in smaller cities

Germany's Mercedes-Benz, fresh off a year of record sales in India, plans to add another 20 dealerships or service outlets in 2025, mainly in smaller cities where young, well-travelled business owners are indulging in luxury goods.

India Inc.'s earnings blues may continue into third quarter

Overvaluation concerns and shifting global market sentiment likely to keep growth subdued

Global Alcohol Cos Demand $466 Mn From Telangana In Payments Row

Telangana owes unpaid dues of about ₹4,000 cr to whisky and beer firms, people from the industry said

CCPA to strike cos with class action over quality concern

The top consumer watchdog seeks to curb substandard products flooding retail markets

NHPC keen to buy PTC India stake

Although there was a rethink in the government in 2023 over stake sale, talks have picked up in the past few months

Why Manappuram Ended Flat Even After Lifting of MFI Ban

Minor respite

Asset Class Diversification Is More Crucial Now Than Ever

Two decades ago, investing mostly meant parking money in fixed deposits, property, or maybe equities, leaving little room for diversification—spreading investments across various asset classes.

The top sectors to invest in this year, according to AI

Many experts say tools like AI should be used by investors not to replace financial advisers but to augment them