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Melania Trump whitewashes a presidency
BOOK REVIEW
Jhunjhunwala inspires new investors
India's equity markets, wealth management, and asset management industries are in a golden age, highlights HIREN VED, director and chief investment officer at Alchemy Capital Management, in conversation with Puneet Wadhwa. Excerpts:
Moon rock
Chandravaan-4 a test for Isro's manned moon mission
Productivity boost
Increasing R&D spending may not be enough
Economy: Glass permanently half full
Many people seem convinced that the Indian economy is on track to becoming a developed nation.
Global innovation frenzy
…can India match the pace?
CHINESE HACKERS BREACHED US COURT WIRETAP SYSTEM
Chinese hackers accessed the networks of US broadband providers and obtained information from systems that the federal government uses for court-authorised wiretapping, the Wall Street Journal (WSJ) reported on Saturday.
Beirut comes under heaviest bombardment so far
Israel makes 'targeted strikes' on Hezbollah storage facilities. Flights from Iran airports cancelled due to operational restrictions'. Strike on Gaza mosque kills 19 who shifted there after attack on hospital
Starmer's top aide Sue Gray quits in 3 months
Keir Starmer's most senior adviser has resigned just three months after Labour's United Kingdom general election win, a major blow to the premier following weeks of internal infighting and mounting criticism of his political operation.
Kerala's rebranding push: Businesses wait and watch
The Communist bastion is looking to reinvent itself as a friendly destination for private investment. But its economic and business indicators aren't flattering, reports INDIVJAL DHASMANA
The return of PK
Once worked behind the scenes to shape the political fortunes of others, Prashant Kishor is now ready for his second coming with the launch of Jan Suraaj Party. His target? 130 seats in Bihar Assembly elections next year, writes ADITI PHADNIS
Singapore ends horse racing after 181 yrs for housing
More than 180 years of horse racing came to an end in Singapore on Saturday, as the Singapore Turf Club hosted its final race day before its track is handed back to the government to provide land for new homes.
Risk of another US port worker strike looming threat for exporters
Last week, trade uncertainties mounted as hostilities in West Asia escalated, and port workers in the south-east and east coasts of the United States (US) went on strike. Towards the weekend, the striking workers decided to get back to work easing the anxieties of Indian exporters but the situation in West Asia remained tense, although there were slim hopes that the main combatants would step back from the brink.
Bank PAT growth may slow to 10% on margin pressure
Moderating credit growth, rising deposit cost likely to weigh on net interest income
Coalition govt good for India
Renowned economist JAGDISH BHAGWATI (90) is busy writing his memoir and is set to retire this academic year after a 65-year-long career in research and academia. In an exclusive interview with Ruchika Chitravanshi and Asit Ranjan Mishra on the sidelines of the Kautilya Economic Conclave in New Delhi, Bhagwati spoke on a wide range of issues, including trade protectionism, India's ambition to become a developed country, the 'middle-income trap' and the demographic dividend. The Columbia University professor also spoke about his 'inevitable' differences with his contemporary Amartya Sen. Edited excerpts:
2 dead at IAF air show at Chennai's Marina beach
At least two people died at the Indian Air Force's (IAF) airshow at Marina Beach in Chennai, with doctors reporting that at least one of them suffered a heat stroke, police reported.
Over to govt as RBI guv, DG Patra's terms near end
With the central government extending Reserve Bank of India (RBI) Deputy Governor M Rajeshwar Rao's term by one year, it remains to be seen whether it will also extend the terms of RBI Governor Shaktikanta Das and Deputy Governor Michael Debabrata Patra, which are set to end in December 2024 and January 2025, respectively.
'Google partnering firms in biz transformation'
India is among the fastest-growing markets for Google in the Cloud services segment, a senior executive has said, adding that the tech major is looking to partner companies in their business transformation through its offerings.
Tata Digi's bet on fin services sees traction
Tata Digital's bet on financial services seems to be paying off, as its credit card offering crossed 1.5 million users this financial year (as on October 4). It is up from 1.18 million cards at the end of FY24.
Inflexor Ventures looks to raise ₹1,700 cr for third fund
Technology-focused venture capital firm Inflexor Ventures is preparing its third fund that aims to raise between ₹1,200 crore and ₹1,700 crore.
IndiGo's punctuality falls to 54% on outage
IndiGo, India's largest airline, saw its on-time performance (OTP) plummet to just 54 per cent on Saturday (October 5), as a system outage left passengers enduring lengthy delays at airports.
'Policy support important as India largely an out-of-pocket mkt
British drug major AstraZeneca is working on several clinical trials and several cancer-related projects in India. The company is trying to bring in technology to speed up the introduction of its global products. AstraZeneca Pharma India Managing Director and Country President SANJEEV PANCHAL talks to Shine Jacob about the company's future plans in an interview in Chennai. Edited excerpts.
PC makers look to hitch a ride on the q-com bandwagon
Firms in talks with platforms to list wider range of products
Private capex may rise on biz confidence: CII
Private capital expenditure by India Inc. is likely to increase amid improving domestic demand despite a weak external environment and rising shipping costs, a survey by Confederation of Indian Industry (CII) showed.
28 days on, no end in sight to strike at Samsung unit
Even after 28 days, the strike at the Sriperumbudur plant of Samsung Electronics is yet to see its end.
FESTIVAL FILLIP: Car dealerships see 4-fold rise in footfall
SOHINI DAS & ANJALI SINGH Mumbai, 6 October
Valuation premium over China narrows
Equity market trend attributed to faster growth in India Inc earnings
From India to Singapore, HK: Uber rich shift $235 bn to offshore family offices
High and ultra-high networth individuals from India transferred approximately $130 billion in financial assets to family offices in Singapore last year.
Trade on road to recovery but Indian firms tread cautiously
The concluding part of the series highlights stabilising trade ties with Dhaka, but payment delays anda complex bilateral environment remain major concerns
DoT launches new system to block fraud international calls
The Department of Telecommunications (DoT), in collaboration with Telecom Service Providers (TSPs), has introduced an advanced system designed to identify and block incoming international spoofed calls before they can reach Indian telecom subscribers.