CATEGORIES

$493 mn loss: Prosus writes off entire Byju's investment

Investment firm Prosus has written off the value of its 9.6 per cent stake in edtech company Byju.

IPO tally sees best first half in 17 yrs

37 firms mop up ₹32K cr on mkt buoyancy, strong liquidity

ONDC likely to start levying user charges

The government-backed Open Network for Digital Commerce (ONDC) is likely to start levying user charges in the current financial year.

A Field Of Opportunity For Indian AI Firms

Being local is their advantage against global tech giants in the race to build large language models, reports Ashutosh Mishra

Startup Layoffs Down 62% In '24 So Far

A fter a string of layoffs, startups in India this year are expected to step up hiring by more than 10 per cent over last year, according to human resource platforms.

Netanyahu Sees End To Weapons Dispute As Gallant Heads To US

Israeli Prime Minister Benjamin Netanyahu repeated claims that the US has delayed arms shipments but said he hoped the issue will soon be resolved, as Defence Minister Yoav Gallant heads to Washington for high-level talks.

Many aspirants look to foreign shores

Postponement of NEET-PG puts spanner in the works of candidates planning to go for post-MBBS courses

Academics urge Centre to uphold exam integrity

As the row over irregularities in competitive exams continues to rage, several academicians on Sunday urged the Centre to preserve the integrity of exams and stressed that overnight solutions are not possible in such complex cases.

IT'S COMPLICATED

Having undergone 'separations', Andhra and Bihar want special status. Do they have a case for it?

Tweak draft project loan financing norms

Instead of a blanket 12-fold jump in the provision requirement, the RBI can ask lenders to create project finance reserves on their balance sheets

Meta Al is in India, will take on ChatGPT and Google Gemini

Tool launching today; it will be available on all social media platforms of the company to assist people in their daily lives

AI reckoning for world's ad industry at Cannes Lions

Walking along the Promenade de la Croisette during Cannes Lions 2024, one could be forgiven for thinking that a global technology conference was underway.

Municipal corp's plan revisions deemed illegal

Seven buildings constructed by Seth Developers formed seven societies without the builder's cooperation, leading to several grievances among the residents.

Buy deferred annuity plan for guaranteed lifetime income

Given the fixed pension amount, invest part of your retirement corpus in growth assets to counter inflation

PSU giants roar back, match Nifty's decade returns

Once left behind, PSU stocks close performance gap after 6-year slump

Hotel stocks to find suite spot in medium term despite Q1 chill

ROOM WITH A VIEW: Lemon Tree Hotels, Samhi Hotels top picks on brokerage rankings menu

US responsible for attack on Crimea: Russia

Russia said on Sunday that the United States was responsible Russian-annexed Crimean penfor a Ukrainian attack on the insula with five US-supplied missiles that killed at least five people including three children and injured 124 more.

Global investors turn cautious on once-favourite Japanese stocks

Japan's record share market rally earlier this year is looking like a distant memory as foreign investors sell off stocks in a sluggish economy.

Yaccarino rejigs Xamid Musk's pressure on costs

The chief executive of social media platform X, Linda Yaccarino, has shaken up her inner circle in the face of pressure from owner Elon Musk (pictured) to boost sales and cut costs, the Financial Times (FT) said on Sunday.

China, EU to hold talks on EV tariffs

China and the European Union (EU) agreed to start talks on the bloc's plans to impose tariffs on electric vehicles (EVs) imported from the Asian nation.

In hustle to catch up on AI, Apple turns to Meta

Rivals hold talks on potentially integrating Meta's GenAl model with Apple Intelligence

US-Vietnam trust at an all-time high: US envoy

A senior US diplomat held talks in Vietnam on Saturday and said that the trust between the two countries was at an \"all-time high\", just days after Russian President Vladimir Putin's state visit to Hano.

Egypt cracks down on tourism firms

After hundreds of pilgrims died in the scorching desert heat during the annual Hajj pilgrimage to Mecca, the Egyptian government announced on Saturday that it had suspended the licenses of 16 tour companies that had facilitated travel for some pilgrims to Saudi Arabia.

Can Congress be third-time lucky in Haryana?

Anti-incumbency against BJP and farmer protests favour the Oppn party, but analysts say the election outcome hinges on coalition dynamics and multi-cornered contests

House test for govt amid exam row

It's rare for a special session to begin on a fractious note with NDA, Oppn bloc engaged in war of words over appointment of pro-tem Speaker.

GST on oil boils down to revenue concerns

Despite Constitutional provisions, inclusion of petrol and diesel under GST framework remains a distant dream.

ICAI, govt discuss road map to create big Indian companies

The Institute of Chartered Accountants of India (ICAI) has held discussions with ministry of corporate affairs (MCA) secretary Manoj Govil on the 'Aggregation of CA Firms' and the roadmap to create big Indian firms, a press statement by ICAI said.

"Too high real repo rate could have adverse effects on demand, supply'

ASHIMA GOYAL, emeritus professor, Indira Gandhi Institute of Development Research, and an external member of the Reserve Bank of India's (RBI's) Monetary Policy Committee (MPC) voted in favour of a 25 basis points (bp) cut in repo rate in the June policy meeting against the majority view of status quo. Goyal indicates a growth sacrifice of 1 percentage point - FY25 GDP growth is projected at 7.2 per cent compared to 8.2 per cent in FY24 - if the repo rate is kept unchanged for the next six months, in an email interview with Manojit Saha. Edited excerpts:

Life insurers may alter product mix

Likely to change tack to reduce impact of revised norms

Norm tweaks may ease burden on insurers

The Goods and Services Tax (GST) Council's decision to not levy tax on co-insurance premium and reinsurance commission retrospectively will be a consolation for general insurance companies, experts said.