CATEGORIES

Adani upswell adds 65% to Tuesday's stock market gain

The Adani group was the star of the stock markets on Tuesday, with its 10 listed companies contributing over 65% of the day's overall market gains.

Hub tailwind likely for Indian airlines

Hub policy lays ground for competitive fares by domestic carriers

World Bank Seeks To Lower Risk Of Investing In Climate Projects

Multilateral lender is eyeing the creation of a securitizable asset class to allow investments of large sums

RBI May Keep Rates Unchanged, Raise GDP Forecast: Poll

MPC may lift its FY24 growth forecast from 6.5% to 6.7-6.8%, after the economy grew 7.6% in Q2 against the 6.5% estimate

Israel Presses For Gaza Evacuations As US Calls For Restraint

The Israeli defence forces on Sunday instructed Palestinians to abandon areas near Khan Younis

Cop28 Gets $777 Mn To Fight Tropical Diseases

The burden of tropical diseases is expected to worsen as the world warms

There is an economic case for refining liberal arts education

The critical thinking that it fosters among students is important

Munger, Kissinger and rat-miners pushed trust into conversations

Even sectoral regulators have recognized the importance of trust. Let's hope it's an enduring concern and not a passing fancy

Look beyond headline performance measures

Faster than expected second-quarter GDP growth must not detract from the challenge of enlarging India's economy equitably. Sustaining rapid expansion will demand as much

Why PPFAS stopped taking investments from US, Canada

Indians residing in those countries can, however, invest in the funds through their NRE and NRO accounts

DAMNED BY OUR DAMS AS SAFETY ISSUES SWIRL

The country has over 6,000 large dams. And a staggeringly large number of them are ageing

Central schemes unlikely to be revamped before 2024 polls

Govt may take a relook at some of the schemes started during the covid-19 pandemic

'India's tech certifications offering biz opportunities'

Dell also expects the first wave of gen AI enterprise projects to reach maturity levels next year

IITs wary of recruiters delaying joining dates of students

Mostly, it had been cos with large exposure to the US economy that had delayed joining dates for the class of 2023

Piramal Group to fund facility for mid-level govt exec training

The Piramal Group will set up the Piramal School of Leadership at Jaipur in Rajasthan with an aim to train mid-management executives of key departments of states as well as the Centre.

TSI gets ₹200 cr via credit fund

Piramal Alternatives and CDPQ-backed performing credit fund have agreed to extend a ₹200 crore sum to ATM (automated teller machines) operator Transaction Solutions International (India) Pvt Ltd (TSI) in a structured credit transaction, a top executive said.

Goa eyes overseas arrivals after surge in domestic visitors

Goa has also placed to the Centre for 'digital nomad' visas for foreign tourists in India for a short period a proposal

'We are at the healthy beginning of a IPO cycle in India'

Corporate India has often been praised by investors for maintaining a stronger cash position and for being debt-free, Subhrajit Roy, managing director and head of global capital markets, Bank of America, said in an interview. He anticipates an acceleration in capital markets activity in 2024, in view of the deleveraging of corporate balance sheets and restarting of the capex cycle. Edited excerpts:

Yield hunt is finally back on for buyers in emerging mkts

Across Wall Street, analysts and investors had cheered 2023 as the year of emerging markets, only to be burned by a relentless climb in US Treasury yields. Now, as the Federal Reserve looks set to end its most aggressive monetary tightening campaign in a generation, they're at it again.

Zomato leads even as Swiggy closes in

While fans were disheartened with the outcome of the ICC Men's Cricket World Cup 2023, a certain section has benefitted. The sporting event is likely to have boosted food ordering, benefiting companies such as Zomato Ltd and Swiggy.

UltraTech steps towards goals

One step at a time seems to be UltraTech Cement Ltd's motto to meet its long-term target of 200 million tonnes (mt) capacity. Last week, it announced the acquisition of Kesoram Industries' cement assets - a positive move amid concerns of heightened competition, triggering a hunger for market share gains among large cement makers.

Planning group saves ₹15 crore per km in construction of highways

The Network Planning Group (NPG) under the PM Gati Shakti initiative for logistics efficiency reckons it can save up to ₹15 crore per km for projects run by the National Highway Authority of India (NHAI).

Regulator eyes more allocation for PNG

Currently, there are around 10 mn piped gas connections compared with over 290 mn cylinder gas users

IBC: Climate strategy to be made key to debt resolution

Move could make India a pioneer in making sustainability key to business rescue decisions

Ajay Piramal sets sights on PSBS to move into banking

Piramal eyes PSBs to move into banking

Market may open higher as F&O bears crash out

The benchmark Nifty index of the National Stock Exchange (NSE) may open higher by 100-150 points and the BSE’s Sensex may set a new record on Monday, analysts said, as investors look to close out bearish bets in futures and options (F&O) following the saffron sweep in the Hindi heartland.

BJP sweeps 3 of 4 states

Congress wins Telangana; BJP retains MP, reclaims Rajasthan & Chhattisgarh; Mizoram results today

Ola the surprise visitor on 1st day of IIT placements

Day Zero dawned at India's top technology campuses on Friday with companies ranging from trading firms to tech firms and consultancies jostling for the brightest talent in the 2024 placement season.

Nifty hits a new record, F&O rollovers signal momentum

Stellar growth in the second quarter and positive cues from state exit polls lifted the Nifty to a new record on Friday, while the Sensex came within kissing distance of its all-time high.

Fed's rate hikes probably over, but officials reluctant to say so

Federal Reserve officials are increasingly confident that they don't need to keep raising interest rates to defeat inflation. But they aren't satisfied enough to declare an end to hikes-let alone to start a discussion about lowering rates.