CATEGORIES

Avoid sending out mixed signals on farm reforms

Recent interventions by the government distort agricultural markets that are in need of a renewed push for reforms. Consult farmers and go for greater market orientation, not less

INSIDE THE MAKEOVER OF A TEMPLE TOWN

Infrastructure and real estate projects around the Ram temple in Ayodhya have picked up pace

8 mins |

Nasdaq drops Zoom in sign Covid-era darling trade is over

The move comes days before the central bank is set to announce any adjustments to the rate on one-year policy loans

In a first, govt directs rice sector to cut domestic prices

Sufficient good quality rice is available under the OMSS to traders, the govt said

More use cases for better outcomes

Bhashini, the Centre's national language database and services platform, is showcasing beta-stage deployment of multi-model generative AI services.

AI to help bridge digital divide: Neeraj Mittal

Alongside regulation, issue of standards takes centrestage, says telecom secy

Japan's Nippon to acquire US Steel in $14 billion deal

Purchase will create world's second-largest steel company, and biggest outside of China

BookMyShow reveals India's cinematic frenzy in 2023

Mumbai, Hyderabad, Delhi-NCR, Bengaluru, and Chennai took the lead in entertainment attendance

Indian directors of DQE's Irish arm face fraud charges

An Irish court has ruled that three Indian A directors of Hyderabad-based DQ Entertainment International Ltd's local subsidiary knowingly engaged in business activities with the intent to defraud creditors or for other fraudulent purposes.

Indian art paints a pretty picture

Indian art is having its moment in the sun. British auction house Christie's said while announcing its year-end results, that in an auction this September in New York, it sold 96% of all lots for the modern and contemporary south Asian art and 60% of its buyers were from India. It also had a white-glove sale in March which was dominated by Indian artists.

Biocon Biologics integrates Vitaris' biosimilars business

Viatris' biosimilar brands will now be marketed by the Biocon Biologics teams, to ensure business continuity

Crisil downgrades Bandhan Bank's NCDs

Rating agency Crisil has downgraded the non-convertible debentures (NCDs) of Bandhan Bank owing to the delay in improvement of its asset quality and profitability to pre-covid levels.

Dairy Milk maker amps up rural play in India

Better road network, rural electrification help Mondelez expand footprint

Big currency flop of 2023 is top pick for year ahead, again

Three straight years of outsized declines in the yen look set to end in 2024. That's the view of market participants polled by Bloomberg, who on balance see the currency rallying next year as the Bank of Japan exits the world's last negative interest rate regime and its global peers cut borrowing costs.

Goldman ramps up credit biz in India

Goldman Sachs Group Inc. plans to ramp up its credit business in India and sees an increasing opportunity to target the nation's wealthy diaspora as global investors shift their focus from China to what is now the world's fastest-growing major economy.

Airlines soar but engine woes stay

The Indian aviation industry staged a strong comeback with the passenger traffic exceeding the pre-covid levels in most of the months in 2023.

Gamezop brings news, astro, cricket for digital publishers

Gamezop, the global provider of plug-and-play content solutions for apps and websites, is set to expand its offerings into three new domains-news, astrology and cricket to help digital publishers monetize and boost user engagement.

Edelweiss to sell up to 20% stake in arm

Mumbai-based Edelweiss Financial Services Ltd on Monday said it is looking to sell a minority stake in its alternative assets arm.

Govt working on 'super-efficient' ACs, likely spike in use over 20 years

The government in collaboration with the World Bank is working on a proposal to improve air conditioning technology—in anticipation of a spike in use over the next 20 years—to cut carbon emissions, said a senior government official.

'Transparency is key for FDI in India'

Foreign investors are keen on emerging mkts, especially India, at a time of global slowdown, said Stephenson

78 more opposition MPs get suspended for rest of session

The security breach in Parliament is in the eye of the storm, with MPs demanding discussion

China's property meltdown is battering middle-class wealth

Net worth per adult in China slid 2.2% to $75,731 in 2022, while total assets per adult fell for the first time since 2000

Macquarie plans NBFC for EV biz, sets aside $400 mn

Australian financial services firm Macquarie is looking to enter the credit space in India by launching a non-banking financial company (NBFC) as part of an electric vehicle (EV) platform it is planning to set up in the country.

Hydropower mega-merger of NHPC, two others put on hold

The government has deferred an ambitious plan to merge three state-run hydropower companies into one, two people aware of the matter said.

State-run banks on a green drive, seek outside help

Indian banks, especially those in the public sector, are weaving green initiatives into their business decisions amid rising risks of climate change, and are looking for external help to create frameworks to help them make better decisions on the sustainability front.