CATEGORIES

Sebi tightens norms for IPO price discovery

The Securities and Exchange Board of India (Sebi) has imposed additional measures and surveillance to curb manipulation in the process involved to compute the opening price for a stock on the day of its listing following an initial public offering (IPO).

PLI reset: Quarterly incentive payments on the table

To burnish production-linked incentive (PLI) schemes, the government is considering an overhaul of some of them relating to sectors such as textiles and pharma, and making incentive payments quarterly, officials in the know said.

New income tax regime may offer a treat to salaried class

Rationalisation of tax slabs and rate adjustments under consideration

Toxic air in India kills 464 children daily

Air pollution continues to be a formidable silent threat, responsible for nearly 464 deaths of children under five in India and 2,000 young lives daily worldwide, according to the latest 'State of Global Air (SOGA) 2024' report.

Nine Indian ports among top 100 on Container Port Performance Index

Port As many as nine ports of India have made it to the global top 100 rankings in the latest edition of Container Port Performance Index, an official statement said on Wednesday.

North India reels from intense heatwave

Swathes of northern and eastern India grappled with punishing heatwave conditions on Wednesday, and a western disturbance may provide much-needed relief, though only marginally, over the next few days, according to the India Meteorological Department.

Surveys, training camps... Pune goes the extra mile

Concluding part of the five-part fire-safety series focuses on Pune & Pimpri Chinchwad where fire officials are on their toes to spread awareness among citizens, taking cues from Delhi hospital blaze

Submit number of cases and deaths due to heatstroke daily: Centre to states, UTs

Amid intense heatwave across the country, the health ministry issued an advisory to all states and Union Territories (UTS) to start submitting daily the data on heatstroke cases and deaths, along with total deaths from March 1, 2024 on Integrated Health Information Portal (IHIP) under the National Programme on Climate Change and Human Health (NPCCHH).

Regulatory concerns a hurdle as private general insurance players gain ground

The May 2024 data for the General insurance industry revealed some clear trends.

Retail investors' AUM share shrinks for 3rd yr

The share of retail investors in the total assets under management (AUM) of equity mutual fund (MF) schemes has dipped in the past three consecutive years despite retail AUM more than doubling during this period.

INDIAN REFINING SEGMENT IN PARLOUS STATE

Govt-run refiners may not be able to aggressively invest in clean energy projects as they stare at a rough road amid dwindling margins, volatile crude prices, shrinking discounts on Russian oil buys, and an inability to set prices for the fuels they sell

Balkrishna Industries excels, peers struggle

Tyre exports, gains in market share help firm drive ahead

Capital account

Dependence on govt expenditure for growth must be reduced

The value of a human life

Economics and science have created injustices that legal systems cannot solve. Two looming problems are climate change and ageing societies

7 years of GST: Balancing tech & transformation

Seven years on, the goods and services tax (GST) has cemented its place as a game-changer for India's digital economy.

Hundreds die of heat during Haj pilgrimage

Hundreds of people died during this year's Haj pilgrimage in Saudi Arabia as the faithful faced intense high temperatures at Islamic holy sites in the desert kingdom, officials said on Wednesday as people tried to claim their loved ones' bodies.

Boeing CEO blasted by Senators for 'broken' safety record

Boeing Chief Executive Officer Dave Calhoun (pictured) faced searing criticism in a Senate hearing that zeroed in on the company's manufacturing shortcomings and accused its leader of putting profit ahead of safety.

Toyota chair's shareholder backing slides to record low

Toyota Motor Chairman Akio Toyoda (pictured) was reappointed with his lowest shareholder support on record after an ongoing vehicle safety probe drew opposition from foreign investors and sowed doubt in the company's leadership.

Give us tools, we'll finish the job: Netanyahu to US

Israeli Prime Minister Benjamin Netanyahu said President Joe Biden is withholding weapons amid the war against Hamas as his country is \"fighting for its life,\" an accusation the White House denied.

Putin, Kim ink mutual defence pact

Comprehensive strategic partnership agreement also signed as Russian prez visits N Korea after 24 years

Higher MSP of 14 Kharif crops gets Cabinet nod

The Union Cabinet, led by Prime Minister Narendra Modi, on Wednesday increased the Minimum Support Price (MSP) for Kharif crops by 512.7 per cent for the 2024-25 marketing season.

India-US to deepen collaboration in mining, critical minerals tech

India and the United States have agreed to work closely on technology, develop collaborative programs for geological research agencies and quickly finalise an agreement on critical minerals, official sources said.

Boost jobs and stick to fiscal goals, economists advise FM

Staying on the path of fiscal consolidation and extending the production-linked incentive scheme to small and medium enterprises, as well as labour-intensive sectors to create jobs and boost consumption, were key suggestions discussed in Finance Minister Nirmala Sitharaman's meeting with economists on Wednesday.

CIL awards underground mines to private players

Contracts given on revenue-share model

GST anti-profiteering cases may be taken up by appellate tribunal

The GST Council in its Saturday meeting might mandate the GST Appellate Tribunal (GSTAT) to adjudicate anti-profiteering cases and introduce \"sunset date\", allowing filing of such complaints only up to April 1, 2025.

GST panel may regularise multiple tax issues

The GST Council is likely to regularise taxation issues arising on a host of goods and services, including the supply of cereals, pulses, flour packets of over 25 kg.

Govt monetised ₹1.56 trn assets, missed FY24 target

The government monetised assets worth under the 1.56 trillion National Monetisation Pipeline (NMP) in 2023-24, lower than the target of 1.8 trillion, an official statement said on Wednesday.

Direct payments may boost deposit insurance coverage

Limits, fintech challenge and climate change remain issues

Upward shift in growth rate a trend after Covid

Strong revival in private investment important for growth: Central bank

RBI seeks applications for NBFC self-regulatory organisations

The Reserve Bank of India (RBI) on Wednesday invited applications for recognition of self-regulatory organisations (SRO) to oversee the non-banking finance companies, saying a maximum of two such entities will get the approval for the sector.