CATEGORIES

SpiceJet clears all PF dues worth ₹160 cr

SpiceJet on Friday said it has cleared all employee provident fund (PF) dues worth ₹160.07 crore that were pending for over two years.

CCI can't be given special treatment: SC

Refuses to transfer all pleas to itself

High dispatches, low retail sales may up PV inventory

Dispatches log best Nov numbers with 4.1% growth, retail sales decline 14%

Tata airlines seat capacity soars, but IndiGo way ahead

The Tatas have collectively increased their aggregate airlines seat capacity across domestic and international markets by an impressive 20 per cent, going from 64.03 million in calendar year (CY) 2023 to 76.72 million in the current CY, according to data shared by the group that controls Air India in which Vistara has been merged recently.

Less inequality can push growth, poverty alleviation in India

The income share of India's top 10 per cent population should be 30-40 per cent, not the 55-60 per cent seen at present, says French economist THOMAS PIKETTY, known for his groundbreaking research on economic inequality, wealth distribution, and the dynamics of capitalism. A professor at the Paris School of Economics, where he also co-founded the World Inequality Lab (WIL) and the World Inequality Database (WID), Piketty has sparked global debates with his research, becoming a central figure in contemporary discussions on economic equity and public policy. In an interview with Ruchika Chitravanshi and Asit Ranjan Mishra in New Delhi during his India visit, Piketty advocated a wealth tax on Indian billionaires to finance social infrastructure. Edited excerpts:

Sebi proposes guardrails for retail algorithmic trades

The Securities and Exchange Board of India (Sebi) has proposed measures to regulate algorithmic (algo) trading by retail investors, introducing new checks and balances for stock brokers and exchanges.

Sensex rebounds over 2K pts from day's low

Mkts end in green for 4th straight week, longest winning run since July

Chessboard to billboards: Brand Gukesh gets wings

Edtech, banks, fintechs and IT firms expected to make a beeline to sign the youngest world chess champion

Uber launches 'women only' bike rides in B'luru

The company plans to introduce the service in other top cities such as Delhi, Mumbai, Kolkata, Chennai and Hyderabad

AI vulnerability in focus after ChatGPT outage

In an increasingly artificial intelligence (AI)-driven world, the recent outage of ChatGPT has reignited debates around the growing reliance on AI and, more broadly, on popular tech platforms.

AT 18, GUKESH CONQUERS 64 SQUARES

Indian Grandmaster D Gukesh on Thursday became the youngest world chess champion at 18 years after beating title-holder Ding Liren in the last game of a nerve-wracking showdown to herald a new era of dominance for the country's chess players.

SPANNER IN THE WORKS

Manufacturing firms see a sharp decline in operating profit, negative growth for second quarter in a row

REDUCING HOME LOAN BURDEN If credit profile has improved, try switching to lower-cost loan

Home loan borrowers' wait for interest rate cuts to begin continues with the Reserve Bank of India's (RBI) monetary policy committee keeping the repo rate unchanged after its December 4-6 review.

With PSBs on the ladder in '24, eyes on next rung

Rally may have legs until early 2025

Sentiment to stay weak as life insurers await tax clarity

Life insurance activity was soft in November 2024. Individual annual premium equivalent (APE) grew 7 per cent year-on-year (Y-o-Y) (two-year CAGR: 1 per cent) at industry level. New surrender value guidelines were applicable from October 2024.

MobiKwik booked 20.37x, Vishal Mega Mart sails through on Day 2

The initial public offering (IPO) of fintech firm MobiKwik received 20.37 times subscription on the second day of bidding on Thursday, driven by heavy participation from retail and non-institutional investors.

'Sebi trying to reduce float to transparency' cut risk, bring

Cash equivalent collateral of over ₹4.5 trillion is placed with stock brokers, custodians, clearing corporations, and other market intermediaries as float, which the market regulator is trying to reduce to mitigate risk and bring transparency, Ananth Narayan (pictured), wholetime member (WTM) of the Securities and Exchange Board of India (Sebi), said on Thursday.

BlueStone Jewellery files draft papers with mkt regulator

BlueStone Jewellery and Lifestyle, which offers contemporary lifestyle diamond, gold, platinum, and studded jewellery under its flagship brand BlueStone has filed draft papers with markets regulator Sebi to raise funds through an initial public offering (IPO).

Mid, smallcaps stage a stellar comeback in Dec

The month of December has been good for the domestic equity market so far.

Sebi may tighten SME IPO rules

Market regulator's Dec 18 board meeting also likely to decide on widening UPSI definition

MFS GO BIG ON FRESH ISSUANCES IN NOV

Fresh issuances in the equity market cornered the bulk of the mutual fund's (MF) equity investments in November.

Clearing the way for air taxis

Prime Minister Narendra Modi's recent declaration that air taxis will soon become a reality in India signals the advent of second-generation reforms in the drone ecosystem.

The man who will shape 2025

Trump's views on tariffs and trade reflect a majority perspective in the US that the world will need to adapt to

Xi Jinping's Marxist nationalism

In the last few years, there have been multiple attempts by scholars to understand and analyze the thoughts of Xi Jinping. This is because as General Secretary of the Communist Party of China (CPC) and President of the People's Republic of China (PRC), he has managed to change the discourse on China's domestic and foreign policy.

Demand-supply mismatch

Affordable housing shortage must be addressed

Marketing reforms

India's agri-marketing system needs an upgrade

US colleges tell foreign students to get to campus before Trump takes office

With students at many colleges wrapping up final exams this week and preparing for their winter break, a number of schools, including Harvard, USC and Cornell, are advising their international students to return to campus before President-elect Donald J. Trump is inaugurated on January 20.

Trump invites Xi for inauguration ceremony

Invitation signals effort by US prez-electto court his counterpart

Liberty's $3.8 bn MotoGP deal faces EU probe

Formula 1 owner Liberty Media's $3.8 billion plan to buy motorcycle racing league MotoGP World Championship is set to be hit by an in-depth European Union probe, in the first escalation of a big merger case by new antitrust chief Teresa Ribera.

South Korean Prez Yoon vows to 'fight to the end'

Opposition files second motion to impeach Yoon