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National Turmeric Board Opened to Boost Output

The government on Tuesday launched the National Turmeric Board to drive its efforts towards doubling the production and increasing exports of the spice in the next five years to 2 million tonne.

US sanctions: No threat to oil supply, but costs may rise

Nearly 15% of Indian imports of Russian crude expected to be hit

Adani arm top bidder for NHAI's TOT assets

ADANI ROAD TRANSPORT has emerged as the highest bidder for the latest highway assets of the National Highways Authority of India (NHAI) that have been offered for monetisation through the toll-operate-transfer (TOT) mode.

Rajeshwar Rao gets monetary policy in RBI portfolio rejig

In a major reshuffle of portfolios of deputy governors, the Reserve Bank of India on Tuesday allotted the key monetary policy department to Deputy Governor M Rajeshwar Rao, reports fe Bureau.

Davos to welcome Trump virtually

Opening of WEF meet coincides with Trump's return to White House

IMD turns 150 today

PM Modi will launch 'Mission Mausam' on Tuesday to mark the 150th foundation day of IMD

Maha Kumbh: 16 mn take holy dip

THE FOG WAS thick, the cold intense and the waters freezing as the Maha Kumbh, the world's largest gathering, began on Monday with over 16.5 million people taking a dip in the Sangam in their quest for 'moksha' and the belief it will wash away their sins.

Pixxel to launch India's first private satellite network

PIXXEL IS SET to launch three of its six hyperspectral imaging satellites aboard a SpaceX rocket from California on Tuesday, the first such network in India's nascent private space sector, Pixxel's chief told Reuters.

Rupee sinks 61 paise; sharpest dip in 2 years

THE GEOPOLITICAL TENSIONS in West Asia, fresh US sanctions on Russia, and the ongoing Russia-Ukraine conflict are also contributing to the rise in Brent crude prices, which cannot be ignored, as it will impact the fiscal math for India and have impact on rupee, he added.

UP govt looks to privatize two of five power discoms

PUVVNL reported a loss of ₹6,610 crore in FY23 against a loss of ₹594 crore in FY22, as per PFC data.

December Retail Inflation Cools to Four-Month Low

India's retail inflation cooled to a four-month low in December, as food prices eased and global commodity prices remained subdued.

In Kashmir, Modi assures all promises will be fulfilled

PRIME MINISTER NARENDRA Modi on Monday asserted that he would keep promises he had made to the people of Jammu and Kashmir, a statement seen as an oblique reference to the demand for restoration of statehood voiced strongly by chief minister Omar Abdullah.

Tesla Beats Audi in Global Car Sales for the First Time

TESLA SURPASSED ONE of Germany's most prized premium car brands last year, despite selling fewer vehicles than expected.

Ahead of Trump return, Chinese trade surplus soars to $1trn

CHINA ANNOUNCED ON Monday that its trade surplus reached almost $1 trillion last year as its exports swamped the globe, while the country's own businesses and households spent cautiously on imports.

Prioritise AI funding: OpenAI to US

MOVE WILL MAINTAIN A BLOCK ON EXPORTS TO RUSSIA, IRAN AND N KOREA

J&J Set to Acquire Intra-Cellular in $14.6 Billion Deal

JOHNSON & JOHNSON said on Monday it will buy neurological drugmaker Intra-Cellular Therapies for $14.6 billion, its biggest deal in at least two years, boosting its presence in the market for brain disease treatments.

Dmart: Maintaining cautious outlook

Company is poised for 19% growth in FY2026/27

Growth Stagnation Continues for Just Dial

● Employee efficiency is near its peak, with underinvestment posing a risk to growth

Biocon's US biz prospects strong

Well-positioned for product approvals and launches

The Tortuous Normalisation

BEIJING'S 'ILLEGAL, COERCIVE, AGGRESSIVE AND DECEPTIVE' STRATEGY WILL TEST NEW DELHI

For Spending Efficiency

Subsidy reforms need a fresh push, open-ended sops are irrational

Building a cyber-resilient India in the AI era

As AI becomes more integrated into business and daily life, the need for robust cybersecurity measures becomes an imperative for the country

Don't bank on your banking job outlasting AI

OVER THE PAST few months, I've had occasion to speak at a number of conferences concerned with the impact of artificial intelligence on financial jobs.

Bond yield logs biggest single-day rise in 7 mths

GOVERNMENT BOND YIELDS marched higher on Monday, with the benchmark yield logging its biggest single-session rise in over seven months, as US Treasury yields continued to rally after robust economic data, while a tumbling rupee also weighed on sentiment.

Re fall casts shadow over policy rate cuts

A SIGNIFICANT DEPRECIATION in the rupee could defer rate cuts by the Reserve Bank of India (RBI), as it fuels inflation by making imports more expensive.

Sinking rupee, surging oil drive indices to 7-mth low

Sensex plunges over 1,000 points, Nifty declines 345 points

US sanctions on Russia crude: Oil jumps to over $80

OIL EXTENDED GAINS for a third session on Monday, with Brent crude rising above $80 a barrel to its highest in more than four months, driven by wider US sanctions on Russian oil and the expected effects on exports to top buyers India and China.

Imported inflation, fiscal costs remain key worries

The rupee's sharp slide has the immediate effect of jacking up imported inflation.

Will we ever see 85 again?

BOY, THAT WAS quick. The rupee had slipped from a wobbly 83+ before Trump's election through 84 and accelerated through 85, and finally, on Monday morning, fell screaming through 86 to the dollar.

Rupee unlikely to breach the 88-mark in FY25: Experts

THE RUPEE HAS fallen 232 paise, or 3.37%, since the US Federal Reserve cut interest rates in September for the first time in four years, but the majority of market participants believe that it will not breach the 88-mark by the end of this fiscal.