CATEGORIES

Equity MF inflows drop 23% in Q4 amid volatile markets

A subdued equity market has adversely affected India's mutual fund (MF) industry's equity inflows in the January-March period.

Ashish Singhal COUNT CRYPTO

The CEO and co-founder of CoinSwitch, the country's leading cryptocurrency platform, talks about crypto's worst year, why the future is brighter, and why he wants to educate Indians on asset classes and make them rich

MEET INDIA'S ASTEROID HUNTERS

Amateur asteroid hunters in India and across the world have taken the skies by storm. Behind their efforts and passion to find near-Earth objects is an intricate combination of citizen science and bigger scientific goals

How the Apple stores stack up

Apple launched its stores in Delhi and Mumbai this week. Here are our first impressions from the two locations

JAPANESE STYLE, INDIAN FLAVOURS

Apart from INJA in Delhi, a handful of chefs are bringing together their love for Indian flavours and Japanese techniques

Art can't ignore caste any more

Dance criticism in India suffers from the same malaise that ails the dance world-a refusal to engage wholly with caste

NEW ON SCREENS

Tom Hanks plays a grumpy old man, a deadly assassin finds that family can't be dealt with as cleanly as her job, and other titles to watch this weekend

Twitter's legacy blue checks vanish, fulfilling Musk's promise

Twitter's legacy blue checkmarks are officially gone the conclusion of a promise made weeks ago by new owner Elon Musk to remove the icon that was once reserved for public figures in favour of a new paid verification programme that anyone can sign up for.

'Inflation may fall faster to 4% if no supply side shock'

Ashima Goyal, a member of the Reserve Bank of India’s Monetary Policy Committee, said inflation could fall faster to 4% if there are no supply-side shocks.

Russia offers OVL dividend, not equity oil, for Sakhalin-1 stake

Russia's Rosneft has offered dividend payments to ONGC Videsh Ltd (OVL) as against its 20% stake in Sakhalin-1, which was earlier the source of lucrative equity oil for India.

Will Salman's Eid film save sinking single screens?

Cinemas in small towns craving crowds since Pathaan are looking for deliverance from Salman Khan's Eid release Kisi Ka Bhai Kisi Ki Jaan (KKBKKJ), a fullthroated entertainer that targets these markets where the actor has a loyal fan base.

Cheap crude helps RIL beat estimates

Reliance Industries Ltd has posted an 18% quarterly profit growth, beating analysts’ expectations, driven by strong growth across its various business segments, including refining and telecom.

HDFC merger gets partial rule waiver

Relief on priority sector lending; none on CRR, SLR, LCR

Stomach, Breathing Complaints Mount As Heatwave Hit Early This Year

This year, summer-related complications are showing up earlier than usual, with fatalities from heat stroke already nearing a dozen in Maharashtra.

Fortis Healthcare agrees to buy Medeor Hospital for ₹225 crore

Fortis Healthcare Ltd informed Indian bourses that it has signed definitive agreement with VPS Group for acquisition

Russia now largest oil exporter to India

India has significant import requirements for crude, as 80% of its oil needs comes from imports

Covid cases to dip 90% from 15 May

Covid-19 cases may start dropping to 1,000-2,000 per day starting 15 May, from more than 12,000 on Thursday, according to top government experts monitoring the situation in India

Final WTO order on IT tariffs could take 5 years

The WTO’s dispute settlement panell found tariffs imposed by India on mobile phones and electronic components in violation of the General Agreement on Tariffs and Trade.

India scans EU carbon tax for likely violation of WTO rules

CBAM move expected to impact exports worth over $8 billion to the EU from 2026

States set to ease labour laws, lure multinationals

States, including Tamil Nadu and Uttar Pradesh, are likely to amend labour policies by allowing flexibilities such as 12-hour shifts and night-time work shifts for women, the official said

Anchor investors may play safe after bloody nose from 2021

Primary market fundraising may plunge 35% from ₹59,412 cr in 2022 to ₹38K cr- ₹40K cr this year

MPC members caution against over-tightening

Earlier this month, RBI kept the repo rate unexpectedly steady at 6.5% following six consecutive rate hikes since May last year.

Sebi embraces tech, seeks more powers

Expanded powers may pave way for AI-based trading products

Tesla's bold price cuts put lofty valuation to test

The average estimate for automotive gross margin in the first quarter has fallen by about a fifth since late-Dec

Citigroup predicts stock market blow as $800 bn stimulus fades

Equities and other risk assets will take a hit when central banks withdraw as much as $800 billion of stimulus deployed to prop up the global economy, according to Citigroup Inc.

Go Digit asks IRDAI for clarity on lock-in

Go Digit General Insurance’s promoters and employee stock option holders are faced with unexpected challenges because of new insurance rules, said people with direct knowledge of the situation.

Antler India set to seal final close of expanded $75 mn debut fund

Antler India, the local arm of Singapore-based early-stage investment platform that primarily invests in pre-seed startups, plans to make the first close of its debut fund by July-August, said a top executive.

India taps partners for safety of its citizens in Sudan

The Indian community in Sudan is estimated to be 4,000 strong, of which 1,500 are long-time residents.

Power price surges as heatwave triggers near-record demand

Power prices on the exchange have been hitting the ceiling of ₹10 per kWh (kilowatt hour) in the past 10 days due to near-record power demand fuelled by soaring temperatures.

Windfall tax on crude oil returns amid price surge

The tax that is meant to mop up some of the super-profits that producers make during global price surges is revised on a fortnightly basis.