CATEGORIES

Rice exports surge after curbs eased

India's exports of agricultural and processed food products rose by over 8% to $14.01 billion during the April-November period of the current fiscal year compared to FY24 after the government removed most of the restrictions on rice shipment a couple of months back.

Exporters seek special support for US markets

● Sops to enable additional exports of $25-bn in 3 years

A middle-class meltdown

Economic shift, stagnating real income post Covid weigh on spending on daily items

Shyam Benegal cremated with full state honours

Veteran filmmaker Shyam Benegal, a pioneer of India’s parallel cinema movement, was cremated with full state honors on Tuesday.

Champions Trophy: India to play Pakistan on Feb 23

INDIA WILL PLAY all their matches of the Champions Trophy in Dubai with the marquee clash against arch-rivals Pakistan scheduled on February 23, the International Cricket Council (ICC) announced on Tuesday.

Net gains: Secured Virat, cautious Rohit gear up

INDIA GOT A chance to bat in the nets on fresher pitches on Tuesday, their last day of training as Christmas day is a rest day for them.

Local satellites push draws 30 aspirants

The applicants for INSPACe's latest effort in this regard include startups such as Google-backed Pixxel and Baring Private Equity-backed SatSure, as well as larger entities like Tata Group's Tata Advanced Systems.

₹2-cr fine on Deloitte Haskins for Zee audit

In September 2018, the chairman of ZEEL, who is also the promoter of Essel Group of Companies, issued a letter to Yes Bank, and committed ₹200 crore of fixed deposit (FD) of ZEEL as a guarantee for the loans given by the bank to group company Essel Green Mobility.

Labour-intensive exports: Gains likely to be short-lived

India's textile export growth is likely to be short-lived despite a recent surge, driven by factors such as a volatile rupee and instability in neighboring Bangladesh. While this presents opportunities, long-term gains require competitiveness and product diversification.

Economists for FTAs, land & labour reforms

RCEP was signed by the group of countries in November 2020 except India.

Uniting for greater good

COLLABORATIVE PHILANTHROPY IS not a new idea. History has many examples of communities coming together for the common good.

EAM in US to boost bilateral ties

IN WHAT IS expected to be the first high-level contact between the incoming Trump 2.0 administration and the Indian government in its third term, external affairs Minister S Jaishankar is likely to meet the new Trump team in the US.

Walking into a minefield

Even though she made a very strong pitch that funds will move away from the regulated markets towards crypto and similar assets, if bourses don't move towards instantaneous settlement, neither brokers, nor the exchanges made a real effort to back her.

IOC to invest ₹61K cr for Odisha project

STATE-OWNED INDIAN Oil Corporation Ltd (IOCL) will invest ₹61,000 crore to set up a naphtha cracker project at Paradip in Odisha, a statement said on Tuesday.

18% GST on used EV to be paid on seller's margin

A REGISTERED PERSON will have to pay an 18% Goods and Services Tax (GST) on sale of old and used vehicle only if the seller has earned a margin, which is if the selling price is higher than the depreciation adjusted cost price of the vehicle, official sources said.

'Buying jewellery today is akin to fine dining—it's thoughtful & deliberate'

\"The timing is perfect,\" says Sandeep Kohli, CEO of Indriya, arguing against any suggestion of being a late entrant in the jewellery market.

Road to relevance

How to craft a brand strategy that stands the test of time

Downward drift

RBI, which has been intervening in currency markets to prevent a sharp fall in the rupee, must reassess its stance

Gloom or green shoots? Europe's year ahead

AFTER COVID-19 AND Russia's invasion of Ukraine, is Europe about to get its next existential shock in the shape of Donald Trump?

The Trump dump

YOU CAN'T BULLY THE MARKET, CERTAINLY NOT WHEN YOU HAVE THE DEEPEST AND MOST LIQUID MARKET

Building rural resilience

Shift in rural incomes, with reduced dependence on pure cultivation, is an encouraging trend that helps pull out excess and disguised labour from the sector

Moody's: Honda-Nissan deal is credit positive

THE PROPOSED BUSINESS integration of Honda Motor and Nissan Motor is positive overall for the credit quality of the two Japanese automakers, but it carries risks especially for Honda, according to Moody's Ratings.

Microsoft looks to add non-OpenAI models into 365 Copilot

MICROSOFT HAS BEEN working on adding internal and third-party artificial intelligence models to power its flagship AI product Microsoft 365 Copilot, in a bid to diversify from the current underlying technology from OpenAI and reduce costs, sources familiar with the effort told Reuters.

Honda-Nissan merger requires time

HONDA AND NISSAN expect big benefits from their potential merger to create the world's third-largest auto group, but intense competition from China raises questions about whether they can make it work in time.

Biden to decide on takeover of US Steel

NIPPON STEEL'S PROPOSED $12.3 billion acquisition of US Steel moved a step closer to being blocked after a US national security panel deadlocked on its review and left the final decision with President Joe Biden, who has repeatedly indicated his opposition to the deal.

China mulls $411-bn special treasury bonds in 2025

CHINESE AUTHORITIES HAVE agreed to issue 3 trillion yuan ($411 billion) worth of special treasury bonds next year, two sources said, which would be the highest on record, as Beijing ramps up fiscal stimulus to revive a faltering economy.

Tata Capital listing hopes drive shares of group companies

● At ₹900 a share, the unlisted market is valuing the company at ₹3.5 lakh crore

'Crop, motor, health and commercial to equally contribute to portfolio by FY26'

Universal Sompo General Insurance, known for its focus on motor and crop insurance, is setting its sights on expanding its health and commercial lines portfolio. In an interaction with Narayanan V, managing director and CEO Sharad Mathur shares the strategic rationale behind this diversification. Excerpts:

Lokpal calls Sebi chief, complainants for 'oral hearing' on January 28

ANTI-CORRUPTION OMBUDSMAN LOKPAL has called Sebi chief Madhabi Puri Buch and also complainants, including TMC MP Mahua Moitra, for \"oral hearing\" next month in connection with corruption complaints being heard by it, alleging impropriety and conflict of interest on the basis of a Hindenburg Research report, according to an official order.

Rupee hits record closing low for 6th straight session

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