CATEGORIES

Bank officers' union warns of strike

Bank officers' union AIBOC on Thursday threatened to go on a nationwide strike on 24-25 February to press for their various demands, including a five-day work week and adequate recruitment in all cadres.

Centre to give LPG subsidy to oil PSUs

The government is likely to provide a subsidy of ₹35,000 crore to state-owned Indian Oil Corporation Ltd (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) to make up for losses they incurred on selling the fuel this fiscal, people aware about the development said.

Earthquake-hit Tibet calls off search

Chinese officials say the focus is shifting to relocating the displaced survivors.

Eli Lilly to Set Up GCC in Hyderabad

Pharma major Eli Lilly and Co. on Thursday said it plans to establish a new global capability centre (GCC) in Hyderabad and hire over 1,000 people to strengthen its digital strategy and service delivery.

RBI Chief Seeks To Improve Forecasts

Reserve Bank of India's (RBI) new governor Sanjay Malhotra has initiated a review of the central bank's inflation and growth forecasting tools to minimise projection errors, four sources said.

Well-poised for 700 hotels by '30: IHCL

Tata Group-backed Indian Hotels Co. Ltd (IHCL) on Thursday said it is \"well poised\" to achieve the portfolio of 700 hotels by 2030 under its \"Accelerate 2030\" strategy.

Adani group to sell 20% in Wilmar JV

Adani Group plans to sell a stake of up to 20% in Adani Wilmar amid plans to exit.

NRAI to take action on Zomato, Swiggy

Opposing \"private labelling\" by Zomato and Swiggy and their recent foray into quick commerce food delivery via separate apps, restaurant body National Restaurant Association of India (NRAI) on Thursday said it will file complaints with \"relevant regulatory authorities\" and initiate legal action to prevent them from monopolising the market.

HMPV is not a new pathogen in India

India saw more than 200 cases of Human Metapneumovirus (HMPV) cases between January and December last year, senior government scientists said, emphasizing that the virus is not a new pathogen and there was no cause for concern.

Trump's NATO vision spells trouble for the alliance

Call for higher arms spending and threat of grabbing allies' land dial up pressure on members

Swiggy adopts hybrid app strategy to grow

Launches stand-alone apps for Instamart, while retaining unified platform

Vijay's exit tests Tamil films' star culture

As audiences favour strong narratives, Tamil film has a chance to reinvent itself if it sheds its star-centric legacy

Emami eyes wider male grooming market

Emami Ltd, the consumer company that sells Zandu and Navratna ayurvedic products, has renamed its almost two-decade-old male grooming brand as it plans to tap a wider market that is set to expand to ₹32,000 crore over the coming years.

No resolution in sight for Dunzo as Biswas moves to Flipkart

Dunzo is swamped with liabilities of about $70 million and still has 30-40 full-time employees, as per reports

Mercedes to expand in smaller cities

Germany's Mercedes-Benz, fresh off a year of record sales in India, plans to add another 20 dealerships or service outlets in 2025, mainly in smaller cities where young, well-travelled business owners are indulging in luxury goods.

India Inc.'s earnings blues may continue into third quarter

Overvaluation concerns and shifting global market sentiment likely to keep growth subdued

Beyond Snack raises $8.3 million in Series A funding

Snacking brand Beyond Snack has raised $8.3 million in a Series A funding round led by 12 Flags Group, a consumer-focused fund set up by Rakesh Kapoor, the former global chief executive of Reckitt Benckiser.

Global Alcohol Cos Demand $466 Mn From Telangana In Payments Row

Telangana owes unpaid dues of about ₹4,000 cr to whisky and beer firms, people from the industry said

CCPA to strike cos with class action over quality concern

The top consumer watchdog seeks to curb substandard products flooding retail markets

NHPC keen to buy PTC India stake

Although there was a rethink in the government in 2023 over stake sale, talks have picked up in the past few months

Why Manappuram Ended Flat Even After Lifting of MFI Ban

Minor respite

Asset Class Diversification Is More Crucial Now Than Ever

Two decades ago, investing mostly meant parking money in fixed deposits, property, or maybe equities, leaving little room for diversification—spreading investments across various asset classes.

The top sectors to invest in this year, according to AI

Many experts say tools like AI should be used by investors not to replace financial advisers but to augment them

Realty to see mixed Q3, hectic Q4

The residential realty market is in an upcycle, yet real estate companies' December quarter (Q3FY25) results would bring selective cheer.

Health is wealth: Investors tell startup founders, heads

Several board members and investors are pushing for more balance between work and life

Tata Capital Healthcare Fund bets on Harsoria

Tata Capital Healthcare Fund, the healthcare and life sciences-focused private equity arm of financial services company Tata Capital Ltd, said Thursday it has invested in medical devices manufacturer Harsoria Healthcare Pvt Ltd.

Disparity in gold import numbers resolved, say officials

The government has found and resolved data discrepancies over gold imports, reducing the trade deficit in November from the previous $37.8 billion to about $32.8 billion, people familiar with the matter said on condition of anonymity.

E-way bill generation rebounds, signalling supply chain revival

The issuance of electronic permits, or e-way bills, required for shipping goods within and across states—a key indicator of economic activity—rebounded in December to 112 million, up from a five-month low of 101.8 million in November, according to GSTN, the platform that processes Goods and Services Tax (GST) returns.

Inflation Likely to Have Eased to 5.3% in Dec: Mint Poll

India's retail inflation likely moderated to a four-month low of 5.3% in December, down from 5.5% in November, driven by the seasonal decline in food prices, according to the median estimate of 25 economists in a Mint poll.

Fertilizer subsidy likely to stay at current level in FY26

Govt may stick to the allocation, as subsidy utilization in FY25 has followed anticipated trend