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The US House vote was unusual but democratic

The ouster of Kevin McCarthy as House speaker was enabled by cross-party voting. But that's how the system is meant to work. Elected lawmakers represent people, not parties

HC admits X's appeal against govt

The high court of Karnataka on Wednesday admitted the appeal filed by X Corp. (formerly Twitter), challenging a singlejudge order, dismissing its plea against takedown orders issued by the ministry of electronics and information technology (MeiTY).

Audi's retail sales rise 88% in Jan-Sep

German luxury carmaker Audi on Wednesday reported an 88% year-on-year growth in retail sales at 5,530 units in January-September period this year in India.

Google takes on Apple with new Pixel that's more like an iPhone

Pixel 8 Pro matches iPhone 15 Pro at $999, while Pixel 8 costs same as iPhone 14 at $699

McCarthy ousted as US House speaker by party dissidents

Republican McCarthy was toppled Tuesday as US House speaker by dissidents within his own party, ending his tumultuous nine months in the job and sending a fractious Congress into further disarray.

Trio wins chemistry Nobel for work on quantum dots

Moungi Bawendi, Louis Brus and Alexei Ekimov were honoured for their work on the tiny particles

Ajio set to sell H&M products, ending exclusivity for Myntra

Advantage Ajio as it already has many exclusive tie-ups; Myntra will still sell H&M products

Empowered to lift corporate veil: Sebi

The Securities and Exchange Board of India (Sebi) on Wednesday said it is statutorily empowered to lift the corporate veil and find out the truth whenever the interests of the investors are affected or likely to be affected.

BIS designs bitcoin monitor

A global central bank test lab has designed a prototype of bitcoin monitoring system aimed at giving authorities a clearer picture on how, when and where the cryptocurrency is used.

Adopt AI, or Japan will be left behind again: SoftBank's Son

SoftBank Group Corp.'s billionaire founder Masayoshi Son implored a Japanese audience to embrace artificial intelligence (AI), making an impassioned speech for early adoption at his first public appearance in months.

BlackRock veteran Awasthi to lead 2nd KKR office in India

Global private equity major KKR & Co has hired a BlackRock veteran to head its second India office, as it expands its operations in the South Asian nation and looks to service its clients across the world.

Fintech firm Slice set to enter banking via merger with SFB

Rare case of a fintech in banking business; All Slice entities to be part of combined entity

E-way bills moderate in Sep but remain among highest

September's e-way bills came in at 92 mn, compared with August's all-time high of 93.4 mn

Government raises cooking gas subsidy

The Union cabinet on Wednesday raised cooking gas subsidy from ₹200 to ₹300 per cylinder for about 96 million low-income households, a move coinciding with upcoming assembly elections in five states and next year's national polls.

Vivek Wadhwa's new venture aims to use breath to detect cancer

Vivek Wadhwa, an entrepreneur and academic who’s well known in Silicon Valley, has been working on a long-shot project to detect cancer in people using only their breath—similar to using a breathalyzer.

ShareChat to raise up to $50 mn in a bridge round

ShareChat, the shortvideo platform backed by Google Llc, is seeking fresh investments that would value the social-media company at $2.2 billion, marking a 55% drop from the valuation it secured last year, two people aware of the development said.

Founders look to buy Great Learning back

The founders of Great Learning are trying to line up investors to buy back the online education provider from Byju's, two people aware of the discussions said.

Govt excludes planes from IBC provisions

Move could significantly affect Go First's revival prospects

ICC World Cup 2023: The first five games

As the World Cup finally gets going, here's a detailed analysis of the first five matches of the round-robin stage

Lessons of the Green Revolution could aid our climate transition

India needs a similar supply boost, this time of green power, to break today's constraints of energy and balance-of-paymen

A national caste census looks all but inevitable

Identity politics is a reality, the average' Indian would identify as OBC and our democracy's dynamics favour a caste headcount beyond Bihar. But any quota rejig will need deep debate

Will return to office give a new lease of life to Reits?

Reits are trading at a discount now but this is set to change as hybrid mode of working ends

MEET THE HIGH-FLYER IN INDIA'S DRONES CLUB

ideaForge has quickly become the biggest pure-play company in India's nascent drone manufacturing industry

Opec+ shows no sign of easing oil squeeze as ministers meet

Crude has soared more than 20% in three months as alliance leaders Saudi Arabia and Russia squeeze supplies

L Catterton to step up India focus over 2 yrs

The PE fund may write checks of $25-150 mn for growth-stage startups

India to grow at 6.3%: World Bank

Economy faces challenges from adverse global factors affecting foreign demand and consumption; service sector to remain strong

'India a priority market for Booking.com'

India has emerged as a priority market for Booking.com, one of the leading global online travel agency based in Amsterdam. The platform has witnessed significant growth in users with people exploring not only international travel and accommodation options, but also considering domestic destinations, Santosh Kumar, country manager for India, Sri Lanka, the Maldives and Indonesia, Booking.com, said.

Multiplexes resist southern studios' plans for shorter OTT window

Multiplexes are resisting the move by film producers from South India to debut their movies on over-the-top (OTT) platforms within four weeks of theatrical release, instead of the stipulated eight-week window.

Capex dips in Q2, may stay muted for a while

Project announcements have seen declines ahead of past national polls

Mfg growth cools in Sep; higher rates don't bode well either

The seasonally adjusted S&P Global India Manufacturing Purchasing Managers’ Index (PMI) was resilient in September, although it did cool down a notch. The private survey’s reading of 57.5 for September is the lowest reading in the past five months. A PMI reading above 50 denotes expansion.