CATEGORIES

Sebi norms for small, medium REITs to protect investor interests: Experts

CAPITAL MARKETS REGULATOR Securities and Exchange Board of India's (Sebi) new norms pertaining to small and medium real estate investment trusts (REITS) would protect investor interests and instil confidence in fractional ownership of assets, said industry players and experts.

BSNL loss rises to ₹1,482 cr, revenue down 5% in Q2

STATE-OWNED BHARAT SANCHAR NIGAM'S (BSNL) net loss has risen to ₹1,482 crore in the July-September quarter, from ₹1,470 crore in the April-June quarter, standalone financial statements of the company showed.

Byju's names Jiny Thattil new CTO

BYJU'S SAID ON Monday that it has appointed senior vice president for engineering Jiny Thattil as its chief technology officer. Thattil takes over from Anil Goel, who is leaving the company after three years as CTO.

Carmakers plan price hikes in Jan as costs rise

CAR BUYERS WILL have to brace for a price hike in January as manufacturers decide to pass on the rise in costs to avoid an impact on their margins.

Farmhouse CM': A common target for BJP, Congress

PRIME MINISTER NARENDRA Modi, who addressed two public meetings and attended a roadshow in Telangana on Monday, took a dig at chief minister and BRS president K Chandrashekar Rao, asking people if they wanted a \"farmhouse CM\".

Gehlot confident of Cong's clear majority in Rajasthan

RAJASTHAN CHIEF MINISTER Ashok Gehlot on Monday expressed confidence that the Congress will get a clear majority in the assembly elections held last week.

Tunnel rescuers to drill manually

WITH THE OPERATION to save 41 construction workers trapped in the under-construction Silkyara-Barkot tunnel entering its 16th day, rescuers have decided to drill through the rest of the debris manually.

Electronics exports jump 28% during April-October

ELECTRONICS EXPORTS DURING the April-October period of the current fiscal grew by 27.7% to $15.48 billion, data sourced from government and industry showed. The figure stood at $12.1 billion in the same period last fiscal.

Over ₹1.3-trn grants go abegging

At below 80%, local bodies’ fund utilisation lowest since 10th FC

Import reliance for pulses, oil seeds seen staying till FY31

THE COUNTRY WILL continue importing large quantities of pulses and oilseeds by 2030-31 because of a substantial gap between demand and supply of these commodities, a research paper by Nabard and Icrier has said.

Global value chains to aid $7-trn goal: FM

INDIA'S CONTINUED SYSTEMIC reforms and participation in the global value chains will accelerate its path to a $7-trillion economy, finance minister Nirmala Sitharaman said on Monday, stressing the importance of the India-Middle East-Europe Economic Corridor (IMEC) for international trade.

Foxconn plans $1.6 bn investment in India

Planned outlay related to certain construction projects on its own land

Adani mulls bid for Kesoram unit

ADANI CEMENTS IS mulling a bid for Kesoram Industries' cement assets as it explores inorganic ways to more than double its total production capacity to 140 million tonne per annum (MTPA) by FY28.

Buzz over ITC-Adani deal

TWENTY YEARS AFTER it sold its edible oil plant in Andhra Pradesh to Adani Wilmar, there is a growing buzz that the Kolkata-based ITC may be looking at a possible re-entry into the business.

How Axis Bank's Citi deal is paying off

ONE IN THREE of the country's richest Indians today is a customer with Axis Bank.

Using AI to drive financial inclusion

Ethical AI solutions can lead to more equitable outcomes

Limit your credit utilisation ratio to 30%

‘No-cost EMIs’ are likely to come with higher processing charges now

'RuPay credit card on UPI to boost spending'

TOTAL CREDIT CARD spending will rise by 20% as the adoption of RuPay credit card payments that are linked to the unified payments interface (UPI) increases, says BankBazaar.com chief executive officer Adhil Shetty.

Al, bank branches the way forward

Lenders should not become over-reliant on algorithms for underwriting loans

Huawei to move core tech to new joint firm

CHINA'S HUAWEI SAID on Sunday it will move core technologies and resources in its smart car unit, which has chalked up robust sales for a number of new vehicles, to a new joint company owned up to 40% by automaker Changan Auto.

Gaza truce back on track after release of hostages

Egypt receives new lists for expected third release

South Korea, Japan, China to resume leaders' summit

CHINA, JAPAN AND South Korea agreed on Sunday to restart cooperation and pave the way for a summit in the latest move to ease tensions between the Asian neighbours.

'Fem-tech, AI integration in mental health on investor radar next year'

HEALTH-TECH STARTUPS, WHICH are catering to women's healthcare needs or integrating artificial intelligence in digital mental health services, are likely to be in focus for investors next year, said Nihar Parikh, founder of venture capital firm 4point0 Health Ventures.

Elder-care startups see steady growth, look at filling the void

Funding nearly doubles for firms providing such services

How BJP attacked UPA over 26/11

FIFTEEN YEARS AGO, when Pakistani terrorists struck at the heart of Mumbai, politics took over even before the operation by the NSG commandos to flush out the terrorists was over.

Bank of India's ₹70,000-cr loan pipeline fuels growth

BANK OF INDIA'S robust loan pipeline of ₹70,000 crore is set to enhance its credit expansion in the second half of the current fiscal year.

Rahul exudes confidence, says will sweep Telangana

EXUDING CONFIDENCE THAT Congress would sweep the assembly polls in Telangana, AICC leader Rahul Gandhi on Sunday asked Chief Minister K Chandrasekar Rao to tell people what he did for the state before questioning the grand old party about it.

Palm oil, coal account for 60% of India's trade deficit with Asean

AS INDIA AND Asean formally embark on a review of their goods trade agreement, an analysis of merchandise traffic between the two shows that New Delhi has limited room to curb the rising trade deficit unless it undertakes a massive domestic investment programme to boost local production.

President Murmu calls for all-India judicial service

PRESIDENT DROUPADI MURMU on Sunday called for the creation of an all-India judicial service to recruit judges, saying this will help make the judiciary diverse by increasing representation from marginalised social groups.

Subdued crude prices: H2 inflation outlook now stable

THE UPSIDE RISK to inflation from crude oil prices that persisted till early October seems to have ebbed. Analysts have revised estimates of inflation now to be around 5.4% for the remaining months of FY24.