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Goods exports slide 16% in July, imports shrink 17%
Outbound shipments post a decline for sixth month in a row
Board approves ITC's demerger at 10:1 ratio
THE BOARD OF directors of diversified ITC on Monday conglomerate approved the demerger of its hotels business. According to the share entitlement ratio, for every 10 shares of ITC, a shareholder will get 1 share of ITC Hotels.
Small reprieve for Zee promoters
Sebi limits order to Zee group entities only; probe to finish in 8 months
July retail inflation at 15-month high
CPI at 7.44%; vegetable prices key driver; no extra demand pressures
Hawaii Wildfires Deadliest In Century As Death Toll Hits 93
At Least 2,200 Buildings Damaged In West Maui
Emerging bonds disrupt playbook by rallying as treasuries swoon
THE OLD PLAYBOOK of sell bonds emerging-market when Treasury yields spike is being upended by the positive dynamics favoring developing-nation debt.
Atlanta braces for chaos as 4th Trump indictment nears
THE STREETS AROUND the Fulton County courthouse in Atlanta where Donald Trump may soon face his fourth criminal indictment were quiet this week as orange barricades and law enforcement created a sense of anticipation.
Anti-hate & pro-women, Govt message in three Bills
WITH THE THREE new Bills introduced in Parliament overhauling colonial-era criminal laws Friday - on the last day of the Monsoon Session and just a day after facing down a no-confidence motion - the Narendra Modi government has again proved one step ahead of the Opposition.
No let-up in Air Force ops in Ladakh
THE INDIAN AIR Force (IAF) has airlifted nearly 70,000 Army troops and heavy platforms like tanks, artillery guns and BMPs weighing over 9,000 tonne as part of efforts towards enhancing the overall operational preparedness in eastern Ladakh since India and China entered a military standoff along the Line of Actual Control (LAC) three years ago, latest estimates show.
Centre explores crash test norms for trucks
INDIA CHURNS OUT NEARLY 1 MN CVs A YEAR
Toyota makes cars; it also makes those who make cars
Its training institute has readied about 950 auto experts in 15 years
Zee Entertainment: Outlook positive for ad revenue and subscription
FMCG ad spending sparks optimism, festive season boost expected
Rising CD ratio may pose problem
Experts peg CD ratio at 80%, accounting for the merger of HDFC with HDFC Bank
EPC contractor owes Adani Ports ₹2,457 crore: Deloitte
AN ENGINEERING, PROCUREMENT and construction (EPC) contractor owes about ₹2,457 crore to Adani Ports and Special Economic Zone (APSEZ), which was among the contentions raised by the short-seller.
JioBook 4G laptop may find going tough: Analysts
IN 2022, RELIANCE made its debut in the affordable laptop market with the JioBook.
IT firms focus on acquisitions to tap new revenue streams
Among the large cap companies, Infosys and HCLTech have acquired part of their clients' operations this quarter
Remittances to India grow 26% to $112.5 bn in FY23
REMITTANCES TO THE country by non-resident Indians rose 26% on year to about $112.5 billion in FY23, underscoring the surge in demand for Indian professionals globally after the pandemic.
e-NAM turnover likely to breach ₹1-trn mark in FY24
WITH MORE FARMERS, traders and farmer producer organisations (FPOS) on board the electronic National Agriculture Market (eNAM), the trade turnover on the digital platform launched in 2016 is set to cross ₹1 trilion in the current fiscal, up from ₹74,656 crore in 2022-23.
NHAI InvIT in Sept, no debt issue to public
THE THIRD ROUND of highway monetisation through National Highways Infra Trust (NHIT) will take place in September and it won't involve debt mobilisation from the public, according to official sources.
Battle over Hikal escalates
Not part of arrangement regarding shares it holds in Hikal: Kalyani group
Deal closures see longer timelines
Taking six to eight months now from four to five earlier
Zuckerberg on cage fight: Not holding my breath for Musk
MARK ZUCKERBERG, HEAD of Facebook owner Meta Platforms, threw cold water on claims by Elon Musk that the two billionaires are working out plans for a cage match in Rome.
Prescribe generic drugs or face penalty: National Medical Commission to docs
ALL DOCTORS MUST prescribe generic drugs, failing which they will be penalised and even their license to practice may also be suspended for a period, according to the new regulations issued by the National Medical Commission.
LS worked for 43% of scheduled time
LOK SABHA FUNCTIONED for only 43% of its scheduled time and Rajya Sabha 55% in the just-concluded Monsoon session but legislative activity remained high with 23 bills being passed, data compiled by a think tank shows.
PM for confiscations to recover crime proceeds parked abroad
Modi stressed on the importance of timely asset tracing
RInfra says Delhi HC asks NHAI to pay ₹1,204 crore to subsidiary
THE DELHI HIGH Court directed National High has the way Authority of India (NHAI) to pay an arbitral award of ₹1,204 crore to TK Toll Road (TKTR), a wholly-owned subsidiary of Reliance Infrastructure, according to an exchange filing.
BoM slashes home, car loan rate by up to 20 basis points
STATE-OWNED BANK of Maharashtra (BoM) on Saturday slashed the interest rate on home and car loan by up to 20 basis points and also waived off the processing fee.
PTC India net up 5.62% to ₹143 cr in June quarter
POWER TRADING SOLUTIONS provider PTC India on Saturday posted a 5.62% year-on-year rise in its consolidated net profit at ₹142.70 crore for the April-June quarter of this fiscal, mainly on the back of higher revenues.
Foxconn ups investment in Telangana to $550 m
THE BOARD OF Directors of FIT Hon Teng (Foxconn) approved the investment of $400 million in Telangana, its India representative V Lee said in a social media post. Taiwan-based Foxconn is Apple's biggest supplier.
ONGC Q1 profit drops 34% on lower oil prices
THE NET PROFIT of Oil and Natural Gas Corporation (ONGC) fell over 34% in June quarter on decline in oil prices and lower output, the firm said.