CATEGORIES

GDP blitz at 7.6% lays ground for FY24 show

Mining, manufacturing, construction fuel Q2; core sector grows 12% in Oct

Black Friday Deals Did Not Get US Shoppers To Buy Very Much

American retailers will have to dangle better offers to excite folks

COP28: Should You Expect Anything Earth-Shaking?

All negotiations—on emission reduction, energy transition and climate action—will eventually be tied to climate finance

Google To Tackle Deepfakes The Right Way, Says V-P Mitra

It is working on a policy for content creators and dissemination, as Centre mulls new law

When headhunters turned intelligence gatherers

Anew book narrates the role that Naga warriors played in the Allies’ Stand against Japan in one of the most decisive battles of World War II

Our G20 presidency marked the dawn of a new multilateralism

It also amplified the Global Souths voice, championed development and fought for the empowerment of women everywhere

Caution: The watchword for bond index inclusion

The RBI Governor is right to be wary of Indian bonds being included in a major global bond index from next year. As a double-edged sword, its risks require close consideration

Beating the index has been too easy this year, almost

A market rally over the last six months has pushed up valuation of small-, mid-caps significantly

Sri Lanka, creditors seal $5.9 bn debt deal

The nation has been trying to reach restructuring deals since last year

India readies global norms for its traditional medicines

The ministry is currently setting up a technical committee for Ayush within ISO.

Satellogic, Tatas sign contract to build Leo satellites

Tata Advanced Systems Ltd (TASL) and NASDAQ-listed Satellogic Inc have signed a strategic contract to build low earth orbit (LEO) satellites in India, the companies said on Wednesday, adding that TASL will commission a satellite plant in Karnataka.

Rock & Storm Distilleries set to expand with ₹100 cr investment

Delhi-based also beverage manufacturer Rock and Storm Distilleries Pvt. Ltd is set to expand its presence across India with an investment of 100 crore over the next 3-4 years, director Vinay Khare said in an interview.

Star-studded, high-budget spectacle films fizzle out after big openings

Contrary to the perception that big-budget films featuring mainstream stars and high on visual spectacle or slick action stunts are shining at the box office, especially post covid, recent Bollywood titles such as Tiger 3, Adipurush, and Ganpath have fizzled out, in some cases, failing to build on big openings.

IAG Cargo to tap Indian airlines to lift volumes

‘India an enormous opportunity; consistently best performer for IAG Cargo’

SocGen downgrades Indian stock market

India's upcoming general election will bring volatility to its stock market at a time when the economic growth outlook is moderating, Societe Generale SA strategists wrote, downgrading the nation's equities to neutral from overweight.

Global bonds head for best month since 2008 financial crisis

A Bloomberg gauge of global sovereign and corporate debt has returned 4.9% in November, heading for the biggest monthly gain since it surged 6.2% in the depths of the recession in December 2008.

More consolidation for cement sector?

The big players in the cement sector got bigger, thanks to a spate of acquisitions in recent years. This trend may continue as larger companies, with strong balance sheets, seek to boost or maintain their market share through inorganic growth. In contrast, smaller companies that are struggling to compete due to high debt or low profitability will likely exit the market, further driving consolidation.

Spanish firm to bid for Indian Navy's landing platform docks contract

Spain’s state-owned defence giant Navantia plans to bid for an Indian Navy contract to build four amphibious transport vessels, adding to its other bid to develop six submarines–which it has termed “India‘s largest defence acquisition project.\"

Cotton pilot in 10 states to boost output

The government has started a pilot in 10 states involving 15,000 farmers to increase production of the best-quality cotton by adopting global agricultural practices, said textiles secretary Rachna Shah on Wednesday.

Centre sets terms of reference for 16th Finance Commission

Government extends tenure of Pradhan Mantri Garib Kalyan Ann Yojana for another 5 years

Prosus cuts valuation of Byju's by half to sub-$3 bn

Dutch investor Prosus Ventures on Wednesday axed the valuation of Byju’s by more than half to below $3 billion, in another setback for the edtech giant battling lenders, lawsuits and investigations.

Stock tide lifts mkt cap to $4 tn, above India GDP forecast

Robust domestic buying as well as short-covering by foreign institutional investors (FIIs) ahead of the assembly election results on 3 December propelled BSE's market capitalization to $3.99 trillion on Wednesday, well past the government's nominal gross domestic product (GDP) forecast of $3.62 trillion for the current fiscal (FY24).

Go plans litigation finance for ₹12K cr

Lenders to Go First plan to scout for litigation finance to bring home up to ₹12,000 crore tied up in various lawsuits, two people aware of the development said, as the bankrupt airline stares at likely liquidation. The amount includes an arbitration award that it won against engine maker Pratt & Whitney at the Singapore International Arbitration Centre (SIAC) earlier this year, as well as several other lawsuits under way.

What Investors Need To Do To Enhance Their Basic Fixed Income Returns

The most basic, and safe, returns on investments are those derived from liquid funds, or returns from fixed income funds that are of good credit quality. While asset classes such as equities provide better returns, there are ways that conservative investors can enhance their basic returns without taking too much of the incremental risk.

Climate Inequality Is Real: We Should Avoid Regressive Action

Populist politicians are turning the climate crisis into a wedge issue, sacrificing the environment to the culture wars. If there’s one pervasive problem that’s allowed them to do that, it’s inequality.

This Winter, More Indians Set To Flock Visa-Free Destinations

Indians, typically known for finalizing their travel plans very late, might contribute an additional 20-30% to the recently-introduced, visa-free destinations such as Malaysia, Thailand and Sri Lanka.

Xi urges stronger rule of law overseas

President Xi Jinping has called for stronger rule of law related to foreign affairs given \"external risks and challenges\" as China opens up to the outside world, state media reported on Tuesday.

Meta loses bid to push US FTC into court on privacy deal

The US Federal Trade Commission can move forward with revisions to Meta Platforms Inc.'s 2020 privacy settlement after a judge denied the social network's bid to force the agency into court.

India's Patent Path Must Diverge From China's To Spur Innovation

The eternal tussle between quantity and quality has been a subject of debate in various fields, including philosophy, art and innovation.

Proxy advisory wants Raymond promoters to exit amid charges Mar Curi

The independent directors of Raymond should request the promoters to step aside, following the serious accusations against chairman and managing director Gautam Singhania, according to Institutional Investor Advisory Services India Ltd (IIAS), a proxy advisory firm.