CATEGORIES

Cautious demand scenario weighs on TCS show in Q2

Top line beats estimates, 5% profit growth disappoints

Govt considers seed funding for shipping insurance entity

With little progress in establishing a protection and indemnity (P&I) entity to insure cargo vessels, the Centre is considering deploying its own funds as preliminary investment. This approach would involve private insurers and shippers contributing at a secondary stage, according to multiple officials familiar with the development.

Market rally takes collective wealth of richest 100 Indians beyond $1 trn

Mukesh Ambani, chairman and managing director of Reliance Industries, has once again secured top spot on Forbes' 2024 list of India's 100 richest tycoons, with his wealth increasing by $27.5 billion over the past year. The collective wealth of the 100 richest went past $1 trillion for the first time.

India on top of luxury firms' 'watch' list

Country's appetite for premium watches grows as China sees a downturn

Brand Maggi stronger than ever as Nestlé India gears up for new leader

Nothing has presented \"two minutes\" as tastefully as Maggi since its entry into India over four decades ago.

BURNING ISSUE

Minimum support price has been a bone of contention between the farmers in Punjab and the state and Centre

Missing funds went to legitimate purpose, says Byju's founder

The founder of Byju's, a once high-flying Indian education company that defaulted on its US debts, denied that he orchestrated a scheme to fraudulently transfer $533 million away from lenders.

97% rail electrification done

Indian Railways has completed electrification of 96.68 per cent of its broad gauge network, as it moved swiftly to become fully-electrified by 2024-25. Six more states now have 100 per cent electrified networks, taking the number of such states to 20, according to the national transporter's data.

Fortified rice supply, border roads get ₹21K cr Cabinet push

2,280 km roads to be built in Rajasthan, Punjab border areas

More upside in Zomato's stock, but competition also rising

The filing of Swiggy's DRHP has led to direct comparisons with Zomato, which is a direct competitor in food delivery and the fast-growing quick-commerce segment where Blinkit (owned by Zomato) faces off against Instamart (and Zepto).

No irregularities found in Sebi probe: Zee panel

The Independent Investigation Committee (IIC), set up by the board of Zee Entertainment Enterprises Limited, said that \"no material irregularities\" were found against the company during the investigation by the securities regulator, it said in a release on Wednesday.

India set to join FTSE Russell bond index next year

South Korean bonds to be added to FTSE World Government Bond Index

Mkts erase gains amid sustained FPI selling

India's benchmark indices made positive strides for the second consecutive session on Wednesday, but sustained selling by overseas investors saw them erase their gains.

‘Anxiety as a symptom of anxiety’

Today, as we become our own diagnosticians, a quick Google search is handy but not always warranted. Inevitably, one question leads to an obsessive two hour-long spiral down the rabbit hole that is the internet, whether or not the issue deserves such immediacy. This behaviour is not new, as Caroline Crampton points out in her second book, A Body Made of Glass, although it has been on the rise.

Nomura sees robust growth ahead for domestic AMCs

Forecasts industry AUM to grow at 18% CAGR between FY24 and FY30

Unambiguous commitment

MPC wants the disinflation process to be completed

The making of AI

Physics Nobel has created a controversy

Strategy for GST reforms: Direction and speed

The argument that the tax system has settled and therefore no longer needs reforms is fallacious

Toxic work culture is upwardly mobile

A sewer is the world's least desired workplace. Yet blocked sewers and septic tanks make up the daily place of work for over 700,000 Indians known as manual scavengers, a profession that is officially supposed to be banned in India. A minuscule proportion of such workers get to use the giant cleaning machines that their counterparts in the West can depend on to do their work every day. In the past five years, over 300 Indians, overwhelmingly from among the lowest castes and backward communities, died by drowning or asphyxiation in the line of duty.

Airbus says deliveries fell 9% in September

Airbus deliveries fell 9 per cent in September to 50 aircraft, compared with the same month last year, the European planemaker said on Wednesday.

Amazon targets faster deliveries with new tech

Amazon, in its quest for greater efficiency, has developed new systems to shave seconds off each package delivery and to help customers make faster buying choices, even for new product types that they may know little about.

Boeing revokes pay offer as strike drags on

Talks between Boeing and its key manufacturing union broke down, and no negotiations are currently planned as the financially damaging strike heads into a fourth week.

Netanyahu speaks to Biden as Israel's Iran retaliation looms

Israeli Prime Minister Benjamin Netanyahu's office said he spoke with US President Joe Biden for the first time in more than a month as Washington looks to temper Israel's retaliation for last week's missile attack from Iran.

Google faces breakup in historic antitrust case

Firm says it would have significant consequences for consumers, businesses

Soon, pay up to ₹1K without entering PIN on UPI Lite

The Reserve Bank of India (RBI) on Wednesday enhanced transaction limits for UPI123Pay and UPI Lite to encourage wider adoption of these UPI products.

BUYERS' BET Consumer confidence improves in RBI's September survey

Consumer confidence improved in the September 2024 Survey round compared to the previous round in July due to better perceptions about the general economic, employment, and income conditions, according to the Reserve Bank of India's (RBI) forward looking survey.

Hopes dashed but prudent approach, say realtors

Even as the realtors' hopes for a repo rate cut ahead of the festive season were dashed after the Reserve Bank of India (RBI) kept it unchanged at 6.5 per cent for the 10th consecutive time on Wednesday, real estate industry experts say that the decision represents a \"prudent approach\" expected to boost stability in the sector.

RBI opens door for rate cut, finally

If we see higher inflation in Sep-Oct and 7% GDP growth in Sep qtr, will the RBI go for a rate cut in Dec? Or, will that be pushed to Feb?

Micro, small enterprises not to face pre-pay fines

The Reserve Bank of India (RBI) on Wednesday said that banks and non-banking financial companies cannot levy foreclosure charges or pre-payment penalties on floating rate term loans sanctioned to Micro and Small Enterprises (MSEs).

New capital instrument norms for UCBs on anvil

The norms for new capital-raising instruments, such as issuance of shares at a premium for urban cooperative banks (UCBs), are expected to provide flexibility in raising resources and support growth of the sector.