CATEGORIES

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).

Sensex, Nifty close with marginal gains

Benchmark equity indices Sensex and Nifty closed higher in restricted trade on Wednesday as investors awaited key US inflation data for further cues.

SIP net additions fell to six-month low in Nov

Experts cite festival holidays and wedding season as reason for dip

Stable govt, GDP growth to help India attract foreign investors

India is drawing global attention from investors due to its stable government, robust legal system, and fast-paced economic growth, tells STEPHEN DAINTON, president of Barclays Bank PLC and head of Investment Bank Management, in an interview with Dev Chatterjee and Jaden Mathew Paul at Barclays' new office in Mumbai. With over 30 years of experience in global markets, including trading, sales, and capital markets, Dainton also talks about how the markets are responding to the geopolitical events globally. Edited excerpts:

Unintended legacies of the Green Revolution

The Green Revolution is coming back to bite us in ways that policymakers then could not have bargained for.

Growth vs inflation: Walking the razor's edge

Despite the growth slowdown, a rate cut-cycle is unlikely to start anytime soon

Indigestible truths about modern food

Chris van Tulleken's book is the outcome of an experiment in which the author is the lab rat—by choice. The London-based doctor and academic goes on an 80 per cent ultra-processed food diet for four weeks to study its effects on his state of being—on his body and mind.

Lingering debt danger

External debt levels are dangerously high globally

Speed and scale

T+0 will help retail investors

GM calls it quits on Mary Barra's $50 billion Cruise robotaxi dream

General Motors Co Chief Executive Officer Mary Barra, clad in her signature leather jacket and masked up pandemic style, climbed into a Cruise robotaxi named Tostada for her first autonomous ride almost three years ago.

Google asks US trade commission to break up Microsoft-OpenAI

Google has asked the US government to break up Microsoft's exclusive agreement to host OpenAI's technology on its cloud servers, the Information reported on Tuesday.

US inflation edges higher to 2.7% in November

Sequentially, it was up 0.3%, the largest gain in 7 months

Syria's interim PM pledges to rebuild amid cash crunch

New admin to punish those who tortured detainees

Sustainability-linked bonds face 'slow demise'

Firms and govt bodies have raised $37.6 billion via SLBs in '24, about 46% lower than '23; US has had no deals so far

Plans to save ₹1 trn with solar power

Bolstering the clean energy roadmap, Uttar Pradesh plans to save an estimated ₹1 trillion in conventional energy costs by integrating solar power in over 33,000 projects across the state through the flagship Jal Jeevan Mission.

Policy targets ₹1.5 trn goods exports by 2029

vThe Rajasthan Export Promotion Policy aims to increase goods exports to ₹1.5 trillion by 2029, an official of the state industries department has said.

‘Indebted’: Mamata on backing for INDIA leadership

West Bengal Chief Minister Mamata Banerjee on Wednesday thanked several senior leaders of the INDIA bloc for backing her as the leader of the non-BJP coalition.

Farm profitability may be higher this kharif season

Overall profitability in the agriculture sector is expected to be marginally higher at the pan-India level in the 2024-25 kharif season, driven largely by higher production and low input cost, but offset by the declining price of some produce, according to a report released by Motilal Oswal Financial Services Ltd on Wednesday.

Vaishnaw: Open to idea of new law for AI regulation

Says the govt believes in 'democratising technology'