CATEGORIES
‘RBI has a tough balancing act to do’
HARSHA VARDHAN AGARWAL, vice-president and managing director of fast-moving consumer goods (FMCG) company Emami, took over as president of the Federation of Indian Chambers of Commerce and Industry (Ficci) last month. In a wide-ranging interview with Akshara Srivastava and Asit Ranjan Mishra in New Delhi, Agarwal shows confidence of a pickup in private capex and opportunities arising out of United States President-elect Donald Trump's tariff war. Edited excerpts:
Like US, India should be open to China investments: Panagariya
India should remain open to investments from China as other developed countries like the US and Germany, with the exception of a handful of sectors, 16th Finance Commission Chairman Arvind Panagariya said at the CII event on Thursday.
Economic growth will be back on track by end of FY25: Goyal
Commerce and Industry Minister Piyush Goyal on Thursday expressed confidence that India's economic growth by end of this financial year will be back on track despite global uncertainties.
India on track to achieve 6.5-7% GDP growth: CEA
Chief Economic Advisor (CEA) V Anantha Nageswaran on Thursday said India is on track to achieve 6.5-7 per cent GDP growth for the current financial year, pencilled in Economic Survey.
Avoid protectionism that hinders trade: Commerce secretary
Commerce Secretary Sunil Barthwal on Thursday said the world needs to avoid the kind of protectionism which creates more barriers that hinders trade.
'India needs to ramp up structural reforms'
World Bank Chief Economist Indermit Gill said on Thursday that although India is better positioned than many of its peers to navigate the current global challenges, it should accelerate its structural reforms.
‘India needs to ramp up structural reforms’
World Bank Chief Economist Indermit Gill said on Thursday that although India is better positioned than many of its peers to navigate the current global challenges, it should accelerate its structural reforms.
India lays stress on 'transition period' for EU green norms
Shares discussion paper flagging possible disruptions
Titan eyes 20 Zoya stores over next 3 to 4 years
Titan's luxury brand Zoya is eyeing 20 stores in the next three to four years, CEO of the brand's jewellery division, Ajoy Chawla, said on the sidelines of a Zoya boutique launch in Kolkata, marking the entry of the brand in East India.
Delhi HC junks ₹5K cr demand against Indus Towers
The Delhi High Court on Thursday allowed a plea challenging the show-cause notice (SCN) seeking to deny the input tax credit (ITC) on inputs and input services used for setting up passive infrastructure and quashed the ₹5,454 crore demand raised against Indus Towers Ltd.
FMCG firms passing 3-7% of price rise to consumers
Fast-moving consumer goods (FMCG) companies are increasing prices but are not passing on the entire price hike to the consumer as rural markets have just about begun to witness revival while urban demand is stagnating.
Sterlite Power raises ₹725 crore to fuel GPS biz expansion
Leading power transmission player Sterlite Power on Thursday announced raising ₹725 crore for its global products and services (GPS) business from GEF Capital Partners and ENAM Holdings.
Govt announces formula for classifying 'green steel'
The steel ministry on Thursday announced a formula for defining 'green steel,' classifying it under three categories based on the quantity of carbon emissions per metric tonne of the alloy produced.
Auto industry bodies send SOS to govt on steel imports
Two leading auto industry bodiesAutomotive Component Manufacturers Association of India (Acma) and Society of Indian Automobile Manufacturers (Siam)have urged the Ministry of Steel and the Ministry of Heavy Industries to lift restrictions on certain steel imports, citing concerns over potential disruptions to automobile production in India.
'We should double in size in 5 years'
Bajaj Finance has recently unveiled its long-range strategy for the next five years, where it has said the company will pivot from financial technology to FinAl. RAJEEV JAIN, managing director of Bajaj Finance, shares the milestones the company aims to achieve in the next five years in a telephonic interview with Manojit Saha. Edited excerpts:
Samsung accuses CCI of detaining employees, seizing data unlawfully
Samsung has accused the Competition Commission of India (CCI) of unlawfully detaining its employees and seizing data in a raid carried out in connection with an antitrust investigation on Amazon and Walmart's Flipkart, a legal filing shows.
Retail inflation eases to 5.48%
With the slowdown in food prices and a high base, which is favourable, India's retail inflation rate, based on the consumer price index (CPI), fell within the Reserve Bank of India's (RBI's) tolerance band at 5.48 per cent in November, from a 14-month high of 6.21 per cent in October, raising hopes of a much anticipated policy rate cut in the February review.
Rosneft inks record oil supply deal with RIL
To supply up to 500K bpd; transaction estimated at $13 bn per year
Gukesh draws against Liren in 13th game
Indian Grandmaster D Gukesh (pictured) tried his best but could not break past a resilient defending champion Ding Liren of China and had to settle for a draw after 68 moves in the 13th and penultimate game of the World Chess championship on Wednesday.
Indian tourist boom spurs revival in US hotel revenues
US hotels and travel companies are aiming to tap a surge in Indian tourists to boost revenue as domestic leisure spending falters and demand from East Asian countries remains below pre-pandemic levels.
First human gene therapy for Hemophilia A now in India
Offering hope to around 136,000 Hemophilia A patients in India, the Department of Biotechnology (DBT) along with the Centre of Stem Cell Research (CSCR) at Christian Medical College (CMC), Vellore announced that they have successfully executed a first-in-human gene therapy using lentiviral vectors for the disease.
Pollution levels drop across India as weather improves
Pollution levels across the country are declining due to changing weather conditions.
Willow sets the stage for AI's quantum leap
With Google announcing the milestone of Willow—a state-of-the-art quantum computing chip that can solve complex problems in under five minutes, a computation so complex it would have taken a supercomputer around 10 septillion years to complete—tech experts believe this breakthrough could impact artificial intelligence (AI), particularly by making it more accessible to the masses.
Content overload causing indigestion
PRASOON JOSHI (53) began as a writer in his teens, did an MBA and then got into advertising. From Daag Ache hain (Surf Excel) to Thanda Matlab Coca-Cola, his work shone with an Indianness that changed the way marketers spoke to consumers. His second foray into writing, as a lyricist (Taare Zameen Par, Delhi 6, etc), dialogue writer (Rang De Basanti) and then a scriptwriter (Bhaag Milkha Bhaag) has been successful. In 2017, he became the head of the Central Board for Film Certification (CBFC). In November this year, Joshi forayed into theatre, with Rajadhiraaj: Love. Life. Leela., a musical depicting the journey of Shri Krishna. In a video interview, Vanita Kohli-Khandekar spoke to Joshi about the play and other things. Edited excerpts:
STAR TREK
As Mercedes completes three decades in India, its three-pointed star sits atop the luxury table. What drives it?
UNREGULATED BOND PLATFORM MENACE Go with regulated entity: Listed bonds subject to ratings, oversight
The Securities and Exchange Board of India (Sebi), through a circular dated December 5, 2024, warned investors against transacting on unregulated online bond platforms that promote unlisted securities.
AI-first, low-cost leader: Bajaj Fin's path to FY29
Bajaj Finance (BFL) shares rose 3.3 per cent intraday to ₹7,165 apiece before closing 2.6 per cent higher (₹7,116) on the BSE on Wednesday.
Day 1: MobiKwik booked 7x, Vishal Mega Mart gets 51% subscription
The initial public offering (IPO) of One MobiKwik Systems was subscribed 7.3 times on Wednesday, on the first day of offer.
Varun Beverages' growth strategy could help investors reap benefits
Varun Beverages (VBL) has increased its Africa presence with the acquisition of two major beverage companies, and completed the acquisition of a remaining stake in a third entity.
George Heber to become Jio BlackRock's 1st CIO
Company insider George Heber Joseph will be the first chief investment officer (CIO) of the newly-incorporated joint venture firm Jio BlackRock Asset Management Company (AMC).