CATEGORIES

US NSA's visit soon to engage with new govt

US President Joe Biden's National Security Advisor Jake Sullivan will visit India to engage with Prime Minister Narendra Modi-led new government on shared priorities, including the trusted, strategic technology partnership, the White House said, as the two top leaders seek to deepen the bilateral partnership.

RBI buys back ₹7,287 crore bonds against notified ₹30,000 crore

The Reserve Bank of India (RBI) repurchased ₹7,287 crore worth of government bonds on Thursday, against the notified amount of ₹30,000 crore.

SIGNING OF IPEF PACTS AFTER NEW GOVT TAKES OVER

India will sign the clean economy and fair economy agreements under the United States-led economic initiative-Indo-Pacific Economic Framework for Prosperity (IPEF)-after the formation of the new government.

Bajaj Housing Finance board approves ₹4,000 crore IPO

The Bajaj Housing Finance board has approved an initial public offering (IPO) with a fresh issue of shares to raise up to ₹4,000 crore, the company said on Thursday.

Shifting sands: How fuel pricing policy evolved over the years

With the finances of state oil companies, led by Indian Oil, careening in a volatile oil world, the question being asked yet again is whether they will now finally get the 'full' freedom to set the prices of diesel, petrol and LPG, or whether the new government at the Centre will continue to 'influence' what you and I pay at the pump.

Modi, ministers likely to take oath on June 9

BJP allies JD(U) and LP (RV) demand caste census across India and review of Agniveer Scheme

Special status to Bihar, Andhra may open 'Pandora's box'

Granting special category status to Bihar and Andhra Pradesh may lead to similar demands from other states, according to experts.

Naidu-linked firm that raked in moolah on D-Street

Dairy firm with ties to TDP chief aiming for national brand status with ₹6K cr revenue

Plan to double international transit traffic in 5-10 years: Air India exec

Says 'out-of-the-box thinking' needed to develop Delhi, Mumbai, Bengaluru as transit hubs

AAR rules 18% GST on infant food containing milk, other ingredients

Infant food products containing milk and other ingredients may be subject to an 18 per cent goods and services tax, contrasting with the 5 per cent applicable to milk products, if a judgment by the Rajasthan Authority for Advance Ruling (AAR) sets a precedent.

Canon eyes India to top Apacsales by❜35

Looks to build manufacturing capabilities in India

View split over valuation of 4 KK Modi firms

Samir and Lalit Modi, who are sons of the late industrialist K K Modi and are in a dispute with their mother, Bina Modi, have valued the share of the family in the trust through which it controls four key companies of their group at over ₹29,000 crore.

ZEEL board gives nod to raise ₹2K cr

Zee Entertainment Enterprise Ltd (ZEEL) on Thursday said its board has approved plans to raise ₹2,000 crore through various routes, including an equity share issue and qualified institutional placement (QIP).

Adani Wilmar eyes high-end clients as it looks to increase premium play

A good monsoon is expected to further bolster growth in the rural sector for staples, food, and fast-moving consumer goods (FMCG) company Adani Wilmar, which is also looking to capitalise on the trend of premiumisation to fuel growth of its edible oil business.

ITC shareholders clear hotel biz demerger with 99.6% majority

Chairman and MD Sanjiv Puri indicated the process may take 6-8 months to complete

Tier-I-led premiumisation picks up pace for Flipkart's electronics sales

E-commerce giant Flipkart has witnessed a doubling in demand for premium devices across electronics categories year-on-year (Y-o-Y) on its platform, primarily driven by consumers from Tier-I cities seeking upgrades, revealed an executive at the firm.

India Inc wants new govt to create jobs, control inflation

Business honchos say focus should also be on infrastructure and health care

Rlys to ICF: Make trains that can run at 250 kmph

In a first, the Ministry of Railways has asked its production unit, the Integral Coach Factory (ICF) in Chennai, to manufacture two trains that can run at 250 km per hour (kmph).

Rahul seeks JPC probe into mkt crash; BJP hits back

Congress leader Rahul Gandhi on Thursday demanded a joint parliamentary committee (JPC) probe into stock market fluctuations from May 31, a day before the release of the Lok Sabha election exit polls, to June 3, when benchmark indices rose to an all-time high after exit poll projections, and the massive drop of 30 trillion on June 4, the day of the election results.

Company commitments to be closely watched

The Competition Commission of India (CCI) plans to closely monitor implementation of settlement and commitment offered by companies such as Big Tech entities in antitrust cases by engaging monitoring agencies to oversee such implementation.

NCR workers forge through heatwave furnace

\"Kaam toh kaam hai\" (work is work), said Shivakant Kumar, a factory worker in one of the tin-roofed plants in Faridabad, enduring the intense heat.

INVESTORS SUFFER ₹31 TRILLION SHOCK

Benchmarks slip 6% in worst result-day fall since 1999

Intel unveils new chip in AI battle with Nvidia, AMD

Intel Chief Executive Officer (CEO) Pat Gelsinger took the stage at the Computex show in Taiwan to talk about new products he expects will help turn back the tide of share losses to peers, including AI leader Nvidia.

Netanyahu prolonging Gaza war for political aims: Biden

President Joe Biden said Israeli leader Benjamin Netanyahu may be stalling on ending the war in Gaza for political reasons, according to an interview with Time magazine released on Tuesday.

URGENT CALL TO ACTION FOR OUR LAND, OUR FUTURE

WORLD ENVIRONMENT DAY, WHICH IS OBSERVED ON JUNE 5 EACH YEAR, HIGHLIGHTS THE CHALLENGES OUR ENVIRONMENT IS FACING, AND URGES US TO TAKE ACTION

LOSSES IN NORTHERN, WESTERN STRONGHOLDS WEIGHED ON BJP

Major gains in Karnataka, Rajasthan helped Congress increase seat tally

Next NDA meeting may witness proposal for Bihar package

Finance ministry likely to keep elements of package within ₹1 trillion spread over more than one year

Lenders seek to place Byju's US assets under bankruptcy

Allege the company is not paying its debts

SBI MF hits ₹10 trn AUM milestone

Becomes the first fund house to reach the benchmark

Rail coal freight volume rises 9.3% on summer demand pull

With the summer heat reaching record highs in northern India in May, Indian Railways ferried 9.3 per cent more coal than last year, and freight volumes for all commodities on the railway network grew 3.9 per cent in the previous month, according to government data.