CATEGORIES

Akasa Air plans to raise up to $400 mn

Jhunjhunwala family may not buy more shares, diluting stake

Lights, camera, election: Political films set to storm theatres

A wave of political dramas and nationalist movies is poised to hit movie theatres in the lead-up to next year's general elections, inspired by the success of the period film Gadar 2.

Growth on track despite recent oil spike: FinMin

The government is confident of the Indian economy growing 6.5% this fiscal year despite rising oil prices and the risk of a stock market correction affecting investment, a finance ministry report showed

Upcoming swanky highways to have same speed limits as now

The maximum speed on the world-class highways coming up in India will remain at the existing 120kmph in the interest of safety, even though many of them have been tested for speeds as high as 160kmph

Demand up, but inflation worrying: P&G Hygiene

Procter & Gamble Hygiene and Health Care Ltd on Friday pointed to a broad consumption rise in its business segments, even as steep commodity prices, erratic rains and the recent spike in inflation keep the maker of Whisper, Vicks and Old Spice on its toes

Import relief: IT hardware cos get one-year leeway

Apple, HP, Lenovo, Dell and other companies will get a one-year window to freely import laptops, PCs, servers and other IT hardware products under a new import management system that takes effect on 1 November, three people aware of the development said.

SpiceJet gets breather on Credit Suisse dues

The Supreme Court on Friday allowed low-fare airline SpiceJet to pay Credit Suisse $1 million every month over the next six months to clear its dues

Micron's semiconductor plant work to begin today

US-based Micron Technology will hold the ground-breaking ceremony of its first assembly, testing, and packaging (ATMP) plant for semiconductors in Sanand, Gujarat, on Saturday, Rajeev Chandrasekhar, minister of state for electronics and IT, said, noting the speed with which the project was executed

'India ready to share DPI ecosystem with global south'

India is ready to share technical capabilities and knowledge related to its Digital Public Infrastructure (DPI) ecosystem for financial inclusion efforts of the Global South, Ajay Seth, secretary, Department of Economic Affairs (DEA) said on Friday

Debt index inclusion to strengthen rupee: CEA

The development will also help the government reduce borrowing costs

iPhone 15 sales take off, but top models in short supply

Retailers see shortage of Pro, Pro Max on first day; standard iPhones see higher demand

Climate Finance Must Get Beyond Greenwishing And Greenwashing

Innovation will be crucial as policymakers and asset owners ponder how to channel capital at scale towards climate actio

Banks To Tag Wilful Default In Six Months Under New Rules

RBI draft widens definition, charts timeline, outlines process to label wilful defaulters

Inside Apple's Failure To Build A Key Part For Its New iPhone

The new iPhone models unveiled last week are missing a proprietary silicon chip that Apple had spent several years and billions of dollars trying to develop in time for the rollout.

Markets Extend Fall After Hawkish Pause By US Fed

US interest rates remaining higher for longer elevate global slowdown concerns

Work From Office, Fewer IT Jobs Kill Moonlighting Spirit

Moonlighting has waned in the tech services sector as a subdued job market, fewer freelance gigs and back-to-office policies shrink opportunities for employees keen to make a quick buck on the side.

Igloo-inspired dome stays, the latest in luxury camping

From the desert to the mountains, geodesic domes’ are sprouting across the country as glamping’s new trend

Persona theft need not always result in injury

The Delhi high court's order barring the unauthorized use of actor Anil Kapoor's persona is understandable in the age of AI. Over-strictness on this, though, could punish harmless fun

Why VPF, NPS should be in your retirement portfolio

The interest rate is comparatively higher and these have the advantage of tax benefits

INSIDE INDIAN AVIATION'S HIGH-STAKES BATTLE

Between FY19 and FY23, Indian carriers have gained more share of international traffic

Piaggio India sees a premium tide rising

Co will launch its Aprilia high-performance motorcycles in 2024

Savings trend due to preference for homes: FinMin

The finance ministry on Thursday sought to address concerns expressed by economists about the reducing magnitude of financial savings added by households, attributing it to people's preference for non-financial assets such as homes.

India-Canada airfares soar amid troubled ties

Last-minute airfares in India-Canada routes have gone through the roof, as travellers advance their plans in the wake of a growing rift between the two countries.

BoE keeps rates unchanged for first time in nearly two years

The Bank of England has brought the most aggressive cycle of interest-rate rises in more than three decades to a close amid falling inflation and mounting fears of recession.

Easier debt rules for large cos

The board of the Securities and Exchange Board of India has made it easier for large companies to raise debt financing.

FIIs plough into realty stocks though home loan rates have gained

Shares of Indian real estate companies are attracting a lot of attention from foreign institutional investors (FIIs). In fact, absolute equity holdings of FIIs in real estate stocks as on 15 September was the highest so far in 2023, showed the data compiled by Yes Securities.

For Fed, RBI, it's same battle, different fields

The US Federal Reserve (Fed) is back to a pause again. Following a status quo in June, and a 25 basis point (bps) rate hike in July, the Fed held its policy rate steady in September, in line with market expectations. With this, after a spate of rate hikes since March 2022, the benchmark Fed funds rate now stands at 5.25-5.50%, the highest since 2001.

Online scams using QR codes, OTPs on the rise

Financial fraud estimated at 80% of cybercrimes, says non-profit FCRF

Nvidia chief Huang touts India as major Al market

During a five-day tour of India earlier this month, Nvidia Corp. chief executive officer (CEO) Jensen Huang visited four cities, dined with tech executives and researchers, took numerous selfies, and sat for a one-on-one conversation with Prime Minister Narendra Modi about the artificial intelligence (AI) sector. Huang's India itinerary was so crammed that he confessed to surviving entire work days on spicy masala omelettes and cold coffees.

'Govt on course to achieving 12% ethanol blending target this year'

The Centre is confident of reaching its target of 12% ethanol blending with petrol target by the end of the current ethanol supply year ending October, Union food and public distribution secretary Sanjeev Chopra said on Thursday.