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Gold's Relevance Set to Rise: CEA
GOLD WILL REMAIN relevant for investors as a portfolio diversification mechanism with a \"likely ascending importance\" as an asset class in the coming years, chief economic adviser (CEA) V Anantha Nageswaran said on Monday.
Bihar govt presents ₹3.17-lakh-cr budget
WITH BIHAR ELECTIONS scheduled later this year, the Nitish Kumar government on Monday presented a comprehensive budget of ₹3.17 lakh-crore, unveiling key initiatives focused on women's empowerment, farmer support, infrastructure development and prioritising student welfare.
HC Halts Action Against Buch, to Hear Case Today
The Bombay High Court on Monday asked the Maharashtra anti-corruption bureau (ACB) not to act until Tuesday on a lower court order directing it to lodge an FIR against former Sebi chairperson Madhabi Puri Buch and five other officials for alleged stock market fraud and regulatory violations.
Adani Green Energy raises $1.06 bn for debt refinance
ADANI GREEN ENERGY (AGEL) on Monday said it has refinanced its maiden construction facility, with outstanding of $1.06 billion taken in 2021, to develop a solar-wind hybrid renewable cluster in Rajasthan.
EAM heads to UK, Ukraine on agenda
DAYS AFTER UK Prime Minister Keir Starmer hosted an emergency meeting of European leaders in support of Ukraine and its President Volodymyr Zelenskyy — after the latter's public showdown with US President Donald Trump and Vice-President J D Vance at the White House — external affairs minister S Jaishankar is headed to London to meet the British government's leadership, including Foreign Secretary David Lammy.
Banks shed bulk deposits for healthy net interest margins
BANKS ARE SHEDDING costly bulk deposits to protect their net interest margins (NIMs) ahead of expected interest rate cuts.
Amazon's Cloud Biz to Invest $8.2 Billion in Maharashtra
AMAZON'S CLOUD SERVICES provider, Amazon Web Services, will invest about $8.2 billion in India's western state of Maharashtra over the next few years, the information technology ministry said on Monday.
UltraTech to strengthen its core business
Cement demand rebounds; volume to grow 4% y/y in FY25
Ola Set To Lay Off 1K Staffers
Its share of the electric two-wheeler market more than halved from 52% in April 2024 to 19% by December 2024.
Big infra push to upgrade Uttarakhand's road network
The central government will invest Rs 2 lakh crore in road infrastructure in Uttarakhand, with the aim of soon making the roads here world class.
BCG and Accenture lead hiring at IIM-C
THE CONSULTING SECTOR emerged as the top recruiter with 201 offers—nearly 37% of the total—at the Indian Institute of Management Calcutta, as the premier business school achieved 100% placements for its flagship MBA programme of 2025, which concluded on Monday.
Jubilant Eyes Higher Margin Expansion
Company to add 1,000 new stores over next three years
BSE@150: India's economic heritage
The post-Independence history of Indian stock markets needs more reflection. One hopes that with the launch of Sebi's Dharohar, more research follows
Uber piloting 'For Teens' in 3 cities
RIDE-HAILING PLATFORM Uber is piloting its \"Uber for Teens\" service in Delhi, Mumbai and Bengaluru, FE has learnt.
Foxconn's industrial PC unit commences India operations
ENNOCONN CORP, a Taiwan-based industrial IoT and hardware manufacturer and a Foxconn subsidiary, has started its India operations, focusing on the country's industrial automation and digital transformation market.
Fronx packs a Punch, emerges as largest selling car in Feb
THE FRONX is the new Punch – this compact SUV by Maruti Suzuki has emerged as the largest selling car of February, having sold 21,461 units, and was the only car to have crossed the 20,000-mark.
Social media: SC cautions against censorship
The Supreme Court on Monday directed the Centre to formulate a mechanism to regulate social media content, but cautioned against censorship.
India Mobile Congress to be held from Oct 8-11
THE NINTH EDITION of the India Mobile Congress (IMC), Asia's largest digital technology forum, is set to take place in New Delhi from October 8-11, communications minister Jyotiraditya Scindia has said.
BJP, AAP Spar Over CAG Report in Delhi Assembly
The ruling BJP and the AAP slugged it out during a discussion on the CAG report on public health infra in the city, on the last day of the first session of the newly constituted Delhi Assembly, with Speaker Vijender Gupta marshalling out three opposition MLAs.
MF access made easy
There is no reason why smaller investors should not get a shot at long-term wealth creation
UK, France propose partial one-month Ukraine truce
FRANCE AND BRITAIN are proposing a partial one-month truce between Russia and Ukraine that would cover air, sea and energy infrastructure attacks but not include ground fighting, French President Emmanuel Macron and his foreign minister said.
Nvidia, Broadcom testing chips on Intel manufacturing process
CHIP DESIGNERS NVIDIA AND Broadcom are running manufacturing tests with Intel, two sources familiar with the matter told Reuters, demonstrating early confidence in the struggling company's advanced production techniques.
PM Focus at Wildlife Board Meet: Counting of Asiatic Lions
Prime Minister Narendra Modi chaired his first meeting of the National Board for Wildlife (NBWL) at Gir National Park in Gujarat on Monday, where he announced the initiation of the Asiatic lion population estimation exercise in May, new initiatives including a conservation programme for the critically endangered gharials and a centre to steer management of human-wildlife conflict, and reviewed the government's flagship wildlife conservation programmes like Project Lion and Project Cheetah.
Tata Capital seeks ₹11-bn IPO valuation
THE TATA GROUP is seeking a valuation of as much as $11 billion for its financial services unit in what could be India's biggest initial public offering (IPO) this year, according to people familiar with the development.
Millers seek cut in import duty on wheat to curb price volatility
Ensuring Farmers Get The Right Price
Trump's tariff to hit Canada, Mexico today
PRESIDENT DONALD TRUMP is on the verge of slapping new tariffs on Canada and Mexico while doubling a levy on China, moves that would dramatically expand his push to revive domestic manufacturing, tap new revenues and rebalance ties with the biggest US trading partners.
RBI DG: Having empathy for distressed small biz important
Reserve Bank of India deputy governor Swaminathan J on Monday said that showing empathy towards distressed borrowers from small businesses is important for lenders.
RIL unit risks being fined up to ₹125 cr
TO CUT ON IMPORTS
Annual power demand growth likely to be 6.3% till 2027: IEA
INDIA'S ELECTRICITY DEMAND is expected to grow at an average 6.3% annually over the next three years, stronger than the 2015-2024 average growth rate of 5%, as per the forecast by the International Energy Agency (IEA).
Airtel to Trai: Regulate OTTs to control spam
New framework for OTT to help improve accountability