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At 18, Gukesh is world's youngest chess champion

● Second Indian after Anand to win global title

Food, beverages at airports excessively priced: Flyers

A significant percentage of airline passengers said food and beverages that are sold at airports in the country are \"excessively\" priced, with some passengers paying more than 200% than at organised retail and railway stations, according to a survey.

AI stocks fuel much of bull run since 2022

BIG TECH HAS STAKED SOME OF ITS FUTURE ON AI

PSUs spur impact across sectors through CSR activities

Public Sector Undertakings accounted for 26.23 per cent of the total CSR spending in FY 21-22, a recent CSR spending report revealed

Aspirational India, states & 16th Finance panel

AS INDIA HAS become more aspirational, state governments, cognizant of their prime role in accomplishing the national aspirations, have demanded that the 16th Finance Commission increase their share in the divisible pool of taxes to at least 50% to reduce the congenital inequality between the Union and the states.

India votes in favour of UN resolution seeking Gaza truce

INDIA VOTED IN favour of a UN General Assembly resolution that demanded an immediate, unconditional and permanent ceasefire in Gaza and reiterated the demand for immediate and unconditional release of all hostages.

S Korean President vows a 'fight to the end', bets on allies' support

SOUTH KOREAN PRESIDENT Yoon Suk Yeol said on Thursday he would \"fight to the end\" as his own political party shifted closer to voting with the opposition to impeach him over his short-lived martial law order that threw the US ally into turmoil.

S Korean President vows a 'fight to the end', bets on allies' support

SOUTH KOREAN PRESIDENT Yoon Suk Yeol said on Thursday he would \"fight to the end\" as his own political party shifted closer to voting with the opposition to impeach him over his short-lived martial law order that threw the U.S. ally into turmoil.

Trump named Time's Person of the Year, rings NYSE bell

TIME MAGAZINE ON Thursday named US President-elect Donald Trump its \"Person of the Year,\" citing his deep impact on American politics and the country's role in the world.

China vows bigger fiscal spending for economy

BEIJING EYES BIGGEST RATE CUTS IN 10 YRS

ECB cuts rate for 3rd straight time as inflation nears 2%

THE EUROPEAN CENTRAL Bank lowered interest rates for a third consecutive meeting, signaling more reductions next year as inflation nears 2% and the economy struggles.

Boeing still struggling to make its best-selling jet - 737 MAX

Since a crippling strike at many of Boeing's US plane factories ended more than a month ago, progress ramping up production of its best-selling 737 MAX jet has been deliberately slow.

The need for speed

What Zepto Café needs to do to succeed in a new market

Welcome to RBI, Governor Malhotra

RBI SHOULD MANAGE THE FX MARKET IN A WAY THAT PERMITS HIGHER VOLATILITY

90% vs the rest

Problem is that investments are going mainly to states with a head start in industrialisation

Indices settle lower as caution over inflation blunts IT rally

Shares fell on Thursday, weighed by a retreat in all sectors, barring information technology, because of caution ahead of inflation data.

Rupee hits new closing low, RBI intervention caps loss

THE RUPEE FELL to an all-time low on Thursday, pressured by a lingering depreciation bias and heightened demand for the US dollar in the non-deliverable forwards (NDF) market, while the intervention from the Reserve Bank of India helped prevent sharp losses.

Sebi trying to reduce float of ₹4.5 lakh cr lying with intermediaries

WITH MEASURES SUCH as T+0 settlement and UPI block mechanism for the secondary market, Sebi is trying to reduce the cash-equivalent collateral of over ₹4.5 lakh crore lying with intermediaries and bring in more transparency, whole-time member Ananth Narayan said on Thursday.

Macquarie sees 21% upside for Delhivery

SHARES OF LOGISTICS solutions provider Delhivery on Thursday gained nearly 3.2% on the BSE to its intraday high of ₹391.30 as global brokerage firm Macquarie has maintained its 'outperform' rating on the stock along with a 12-month target price of ₹460, implying an upside of more than 21%.

NBFCs mop up over ₹10,000 cr via bonds

FUNDRAISING SPREE

Jubilant FoodWorks falls after Coke bottler deal

SHARES OF JUBILANT FoodWorks fell over 5% on Thursday, a day after the Jubilant Bhartia Group agreed to pick up a 40% stake in Hindustan Coca-Cola Beverages (HCCB).

Sebi board may widen UPSI scope, tighten SME rules

THE BOARD OF the Securities and Exchange Board of India (Sebi), in its meeting on December 18, is likely to approve a slew of measures, including tighter norms for small and medium enterprises (SME) listing, review of custodian and merchant banker regulations and expansion of the definition of unpublished price sensitive information (UPSI).

NBCC to be consultant for 16 projects of Supertech

The NCLAT has directed NBCC to \"start the process of award of work before March 31\" and \"award of contract within one month thereafter and construction shall commence from May 1\" for 16 projects, comprising 49,748 houses in Uttar Pradesh, Uttarakhand, Haryana and Karnataka. Moreover, NCLAT has also directed \"for constitution of an Apex Court Committee and Project-wise Court Committee for each Project\".

India needs $2.2-trn infra investment by 2030: Report

INDIA WILL REQUIRE an investment of $2.2 trillion for infrastructure development to become a $7-trillion economy by 2030, Knight Frank India said on Thursday, while stressing the need for radical measures to encourage private participation in this area.

Samsung accuses CCI of illegal raid

\"THE ENTIRE SEARCH exercise undertaken...is patently illegal and any material collected thereunder should not be relied upon and should be promptly returned,\" the Indian unit of Samsung Electronics wrote.

Panel to flag bad loans

To improve the resolution process, banks have been instructed to closely monitor the top 20 NCLT cases at the MD level, with senior officials, not below the rank of GM, required to attend proceedings.

T+0 settlement has few takers

An assessment of Sebi had found that over 90% of equity delivery trades were conducted with advance deposits of cash and securities

Switch Mobility drives in 2 e-buses

SWITCH MOBILITY—THE EV subsidiary of Ashok Leyland has introduced a new electric bus Switch EiV12, claimed to be India's first with chassis-mounted batteries, and having a scalable battery capacity of over 400 kWh.

Makers of auto parts in a fix over EV switch

AUTO COMPONENT MANUFACTURERS, who were asked to set up factories by their clients to support the electric vehicle evolution, find themselves in a tough spot as automakers pivot back to traditional petrol and diesel engine technologies. This shift comes amid slowing EV growth.

Bluestone files papers for IPO

INTERNET FIRST JEWELLERY brand Bluestone has filed the draft documents for an initial public offer (IPO) with Sebi to raise funds through a combination of fresh issue and offer for sale.