CATEGORIES

Govt to tap OFS route in rest of FY

The government plans to tap the offer-for-sale (OFS) route for disinvestments in listed public sector enterprises during the rest of the fiscal year instead of initiating fresh strategic sales, a government official said.

Retail inflation hits 4-month low in Oct

Retail inflation fell to a four-month low of 4.87% in October as food prices eased, prompting expectations that the central bank may yet again keep policy rates unchanged at its monetary policy review next month.

Firmer push for local EV production in FAME-III

Govt is considering introducing a 50% domestic value addition mandate

'Challenge global OEMs to invest, Is compete in India'

As talks of an imminent import duty cut on electric vehicles intensifies, Mahindra Group managing director and chief executive Anish Shah on Friday told Mint that it would like to “throw open a challenge\" to global carmakers to “invest in India and compete with us\", responding to a query on how such a decision would impact domestic original equipment manufacturers’ (OEMs) grounds-up EV plans.

Retail pie in NSE cos at record

Retail investor shareholding in NSE group firms surged to a record high of 7.62% during the September quarter due to growing popularity of systematic investment plans (SIP), and growing access through digital platforms amid a robust bull market, according to market tracker Prime Database.

Manipal's Pai acquires Kempner Aakash debt

PE firm Blackstone said to be exiting Aakash Education within a month

Urban folk reluctant to give up sweets, says survey

Urban Indian consumers are reluctant to give up sugary foods with consumers consuming both traditional Indian sweets as well as biscuits, chocolates, ice creams and candies on a regular basis, according to findings of a survey by citizen engagement platform LocalCircles.

Delhi, 4 more opt for direct debit in state e-bus scheme

States will be responsible for running the bus services and making payments to operators

Alcobev cos expect mixed spirits for Diwali, weddings

Experts project contrasting scenarios influenced by state govt policies and changes in duty

Theatres look for Diwali sparkle in post-covid bounceback

India’s film business is looking to regain its mojo this Diwali, the first time since the covid pandemic outbreak, thanks to a clutch of big-ticket movies hitting the screens.

Cyberattack forces largest bank to trade via USB stick

On Thursday, trades handled by the world's largest bank in the globe's biggest market traversed Manhattan on a USB stick.

Hindalco reports flat ₹2,196 cr net profit amid revenue decline

Aditya Birla group flagship Hindalco Industries Ltd on Friday reported consolidated net profit of ₹ 2,196 crore in the September quarter, unchanged from a year earlier and missing analysts' estimates of 12,363 crore. Consolidated revenue from operations fell 3.7% to ₹54,169 crore as metal prices fell.

Retail derivatives inflows in NSE at 100x that of cash

Retail investors pumped in a hundred times more money into derivatives than shares on the NSE’s secondary market in the first half of FY24, and all indications are that the trend may continue into Samvat 2080 as well.

Future Retail RP files for liquidation in NCLT

The resolution professional (RP) of Future Retail Ltd (FRL) on Friday filed for liquidation, marking an inglorious end for the company that once led India’s retail revolution.

India, US explore ways to safeguard open Indo-Pacific

India and the US on Friday explored new ways to expand their strategic partnership to safeguard a free and open Indo-Pacific in the face of the challenge from an assertive China, even as the two sides unveiled plans to jointly develop and manufacture an armoured infantry vehicle.

IIP growth slows in Sep

Factory output growth fell to a three-month low of 5.8% in September from 10.34% in August due to slower activities in the manufacturing, mining, and electricity sectors, official data released on Friday showed.

Direct taxes jump, in lift for spending

Collections cross 58% budget target, on course to beat goal

The past, present and future of Tarun Tahiliani

A forthcoming book on the couturier documents almost three decades of his work to dress the global consumer

I'll stick with 'Sticky Fingers'

Hackney Diamonds, the first Rolling Stones album with new material in 18 years, gets its name from old slang used in the East London borough Hackney. It means broken pieces of glass. What I found more interesting, though, is the backstory to this.

The dilemma: which board to opt for?

Parents spend sleepless nights making sense of the different school boards and curricula

Remembering the place called home

Refugee community youngsters on their dreams and aspirations in a new land and a cherished memory from 'home'

CHILDREN'S PARTY MENUS RUN WILD

Interactive desserts, themed-box meals, banana sushi-caterers are giving children's parties a culinary spin

Small hands that paint big feeling's

Children have always splashed paint on paper and all around them but the new generation is taking it a step further and, guided by artists and therapists, expressing concepts and emotions worthy of being on gallery walls

Killing flowers, killing moons

Martin Scorsese is 80 years old. One of the most revered directors alive, his new film, Killers Of The Flower Moon-starring both his acting tres. The film is a masterpiece, although saying that doesn't narrow it down. Masterpiece, in fact, seems about par for the man who made Raging Bull, Taxi Driver and my personal favourite, Goodfellas.

Things to watch, read, hear, do-and other curated experiences from the team

LOUNGE LOVES

Here, life is always like a wow

In Delhi, which Jasmeen Kaur calls home, hyperbole is part of everyday conversation.So why has it gone viral?

Nature and nurture hone our taste

Chennai-born, New York-based architect Suchi Reddy often talks about the impact of her childhood home on her practice. She once told me that when she was 10, she had this epiphany that her house, which her parents had commissioned an architect to design, was actually affecting her. She says she felt a certain joy in her home and that notion of feeling a space would eventually conceptualise her practice's foundational principle of \"feeling before form\" and her interest in neuroaesthetics, a branch of architectural study that explores how visual aesthetics impact the mind. Our first discussions on this subject helped me understand how much I needed to trust my \"feeling\" for a space.

NEW ON SCREENS

A war film set during the 1971 Bangladesh conflict, David Fincher returns with a slick thriller, and other titles to watch

Let's not pretend that there's no case for the Old Pension Scheme

The NPS switch has been unfair to newer government recruits for which they should be compensated one way or another

Demographic demand: Let's talk about ageing

India is ageing rapidly. Elderly care backup must spring up and palliative options expand. We need a policy push before a better gender balanced workforce gets even harder to achieve