CATEGORIES

Tata Steel posts ₹16,511 cr loss on Port Talbot impairment charge

Tata Steel Ltd on Monday swung to its highest quarterly loss in two fiscal years after it booked a ₹6,358 crore impairment charge related to a decarbonization project at its Port Talbot plant in the UK.

Manufacturing PMI falls to an eight-month low

India’s manufacturing activity in October grew at the slowest pace in eight months, dragged down by slowing demand in the consumer goods segment, even as new orders dropped to the lowest in a year and cost pressures intensified, a private survey said.

Holders of gold bonds to reap Diwali bonanza

A potential ₹300-crore Diwali bonanza awaits investors in the first tranche of sovereign gold bonds (SGBs) that took off modestly eight years ago but have since enamoured investors with returns rivalling those of stock markets.

GST Oct haul 2nd highest at ₹1.72 tn

Central and state governments collected ₹1.72 trillion in Goods and Services Tax (GST) in October, a 13% increase from a year earlier, marking the second-highest monthly haul since the new tax regime debuted in 2017.

Carmakers hit sales record in October

Indian carmakers reported record monthly sales in October, buoyed by strong rural demand and improved chip supplies as pandemic-induced supply chain snarls eased, lifting festive sentiment.

Team India Cannot Afford To Drop Mohammed Shami

Shami was ignored for four World Cup matches before he seized his opportunity. Here is why he should be first choice

Don't Let Meaningless Phrases Get In The Way Of Climate Action

The term 'unabated' has complicated commitments to phase-outs

Diwali Lights Cheer For Indoor Party Services

Catering services, restaurants, party planners witness heavy demand

Indian para athletes choose ability over disability to win

Indian athletes won a record haul of 111 medals at the 2022 Asian Para Games.This is how they did it

Act with urgency to reform the international monetary system

An IMF restructured to function more equitably would reinforce its role in global monetary and financial governance

Land acquisition clarity could be Singur's legacy

West Bengal should compensate Tata Motors without ado. With luck, amends made could help all of India get its bearings right on bulk land purchases for private industrial projects

Debut of 50-year India bond lures insurers

Insurers in India are lining up to grab a share of the nation’s debut 50-year bond offering, highlighting the growing heft of long-term investors in the nation’s $1 trillion debt market.

Is it necessary to register a will for it to be a valid document?

As per your query, we understand that you are is a Hindu. We are assuming that there is no right or interest of any other person in the property and that the same were held only by you.

Israeli forces scale up incursion into Gaza

Israeli troops drive tanks, armoured bulldozers through rubble

Lower hotel occupancy in Sep despite G20

Nation-wide hotel occupancy rates fell by 1-3% and 3-5% in September compared to 2022 and 2019, respectively, hovering around the 60-62% mark, despite the activities surrounding the G20 closing ceremony.

Leisure travel to see surge during Diwali

After seeing “good enough\" demand for air travel during Navratri, India’s travel industry expects a significant rise in aviation business this Diwali, with searches for leisure travel up by nearly 70% from October.

Banks seek talent for on-tap CXO hiring

State-run banks are increasingly turning to consultants, empanelling them to identify domain experts and speed up future hires as and when they need executives for specialized C-suite roles.

Deloitte's new practice to check business credibility

The consulting firm will share the rankings exclusively with the respective companies

Airtel's Q2 profit dips 38% on SC's licence fee ruling

Bharti Airtel Ltd posted a 38% decline in net profit from over a year earlier to ₹1,341 crore in the September quarter, due to a one-time tax and interest provisioning of ₹1,619 crore following a ruling by the Supreme Court that telecom companies could not treat license fee as an expense.

Global rout sparks $27 bn exit from emerging markets in Asia

Global funds are offloading emerging Asia equities outside of China in droves as broader risk appetite cools amid concerns over a stronger dollar, higher borrowing costs and geopolitical tensions.

TVS Motor investors, miles ahead of others

'Stop me if you can,’ TVS Motor Co. Ltd stock seems to be saying. The two-wheeler maker’s shares have risen close to 50% so far in 2023, after gaining 73% in 2022.

Healthtech co IKS Health buys Aquity Solutions for $200 mn

Healthtech platform IKS Health, backed by late veteran investor Rakesh Jhunjhunwala's Rare Enterprises, has acquired clinical documentation service company Aquity Solutions for a cash consideration of $200 million (around ₹1,665 crore).

Optimistic about Q2 growth: Das

Second quarter gross domestic product (GDP) numbers, “in all probability\", will surprise on the upside, Reserve Bank of India governor Shaktikanta Das on Tuesday said.

Taiwan may get ISA toehold

It's not a full membership, but Taiwan's inclusion reflects India's rivalry with China to be voice of Global South

Core sectors grow 8.1%; fiscal deficit at 39% of target

Output of eight core infrastructure sectors, which accounts for two-fifths of India’s industrial output, expanded at a healthy 8.1% in September, official data released on Tuesday showed. However, this was its slowest pace in four months, as seven of the sectors, barring the fertilizer industry, saw slowing output growth.

Govt reviews legal framework to remove gaps

The government is reviewing the country’s legal framework to identify gaps that financial offenders could exploit for laundering money, with possible tweaks in rules and regulations expected over the next few weeks, two people familiar with the development said.

'India will probe Apple threat notices'

India will investigate the notifications sent by iPhone maker Apple Inc. to several users, including members of Parliament (MPs) from the Opposition parties, claiming state-sponsored attackers were attempting to compromise their Apple devices.

Lower duties likely for EVS priced up to $35k

Import duty may be slashed to 15-30% with caveat on local manufacturing

Apple Nears $10 Bn India Revenue

The revenue estimates come on the back of 47.8% growth in sales to $5.9 billion and strong profitability growth in India

Why China Now Needs A Consumption Story

The country's economic models aren't working any longer and there is only one way out of the conundrum