CATEGORIES

S Africa wants to preserve its wild animals by eating them

South Africa has come up with a novel strategy to protect and expand its already abundant wildlife herds: It wants people to eat more of the animals.

Huawei posted fastest growth in 4 yrs in 2023

Huawei Technologies sustained its run of strong quarterly profit growth, building on the resurgence of its consumer business against Apple's iPhone and the rise of its cloud division against incumbent Alibaba Group Holding.

Harvard applications drop 5% after tumultuous campus yr

Applications to Harvard College fell 5 per cent from a year ago after a tumultuous period that included the resignation of its president and a defeat at the Supreme Court.

Inflation data more along the lines of what we want to see: Powell

Federal Reserve Chair Jerome Powell said inflation data released Friday is \"pretty much in line with our expectations,\" but reiterated it won't be appropriate to lower rates until officials are confident inflation is on track toward their 2 per cent goal.

Paddy custom milling delay disrupts delivery

The delay in paddy custom milling in Chhattisgarh has disrupted rice delivery to the central and state pools.

Promote unexplored tourist places: Industry

Potential tourist places in Rajasthan deprived from recognition for decades may soon get a shot to fame as various organisations in the state are preparing a vision document to be submitted to the government.

Al in untrained hands a big risk, Modi tells Gates

In chat with Microsoft co-founder, PM says it's time to redefine growth metrics

RJD set to contest in 26, Cong 9, Left 5; 'friendly fight in 1

The Mahagathbandhan in Bihar led by the Rashtriya Janata Dal (RJD) on Friday announced its formula for seat-sharing, with Lalu Prasad's party laying claim on nearly twothirds of the state's 40 parliamentary constituencies, virtually steamrolling allies - the Congress and three Left parties.

Congress gets fresh I-T notice, complains of 'tax terrorism'

Party asked to pay ₹1,823 cr; CPI claims to have received notice; BJP asks Cong to follow rules

US names Brendan Lynch as assistant USTR for South and Central Asia

The Office of the United States Trade Representative (USTR) has named Brendan Lynch as the Assistant United States Trade Representative for South and Central Asia.

INDIA-CHINA TRADE DATA DISCREPANCY IS ONLY GETTING WORSE

Trade with China before 1900 helped the early growth of some of India's biggest conglomerates, including the Tata group and the Wadia family. Over 50 per cent of global trade in the 1800s involved India or China.

Govt orders weekly wheat stocks reporting to prevent hoarding

As on March 1, wheat stocks in the central pool had fallen to a seven-year low of 9.7 mt

More power, wider scope: Amended PNGRB Act in the offing

The Petroleum and Natural Gas Regulatory Board (PNGRB) Act, 2006, is likely to be amended after the elections.

Govt eyes savings in major subsidies

The government has spent 87 per cent, or ₹3.6 trillion, of the total Revised Budget Estimates for financial year 2023-24 (FY24) on major subsidies till February, at almost the same level of 88 per cent in the corresponding period last financial year, according to the latest data released by the Controller General of Accounts (CGA).

Credit to commercial real estate grows threefold

Bank credit to commercial real estate (CRE) grew by almost three-fold to ₹67,485 crore during the 11-months of the current financial year (April 2023 February 2024), from 23,432 crore in the same period of the last fiscal.

Akasa Air begins int'l operations

Domestic carrier Akasa Air has commenced its international operations with its inaugural overseas flight departing from Mumbai to Doha, Qatar.

Ombudsman for aviation a good idea: Air India CEO

Setting up an ombudsman for the aviation sector to address customer grievances is a good idea, Air India's Chief Executive Officer and Managing Director (CEO and MD) Campbell Wilson (pictured) told Business Standard.

Zee lays off 50% staffers at Bengaluru's tech unit

Zee Entertainment Enterprises (ZEEL) has laid off 50 per cent of its staff at its Technology & Innovation Centre (TIC), Bengaluru in order to optimise its resources, the company said in a statement.

India's electric PV share may rise to 7% by 2040

Penetration likely to remain lower than global average

'Lot of action here, makes sense to focus on Indian market'

The decorative paints industry got more competitive when the Aditya Birla group entered the business last month. ABHIJIT ROY, managing director and chief executive officer of Berger Paints India, tells Ishita Ayan Dutt in Kolkata, his company is not worried and has a strategy to protect its market share. Edited excerpts:

Byju's gets 50% vote on rights issue, asks miffed investors to participate

Raveendran says firm's priorities remain with existing shareholders

Investing in proper Al training: Krutrim

Krutrim, the AI start-up launched by Ola founder Bhavish Aggarwal, faced criticism from users over translation inaccuracies, factual errors, and lapses in logical reasoning.

MNCs look towards India for a booster dose

In recent months, several pharma multinational corporations (MNCs) are increasingly turning to Indian companies to expand market reach in the country's pharmaceuticals sector.

‘IAI enhancing commitment to Make in India'

Aerospace and defence major Israel Aerospace Industries (IAI) opened its Indian subsidiary AeroSpace Services India (ASI) in New Delhi on Wednesday. The company, which trades in Indian rupees, will be a part of the Centre's Make- in-India initiative. IAI president and chief executive officer (CEO) BOAZ LEVY and IAI Air and Missile Defence Division vice-president & general manager DROR BAR, in an interview with Bhaswar Kumar in New Delhi, speak about their strategy for India Edited excerpts:

GeM plans next move: Direct to consumers

Goods, services worth over ₹4 trillion procured in FY24

POLICY TO PROTECT INVESTORS IN TIMES OF MARKET CRISIS - AMCs outline riders to exit small, midcap MFs

Redemption gating, cap on employee withdrawal among measures

China Realty Crisis Ripples Through Its Biggest Banks

China's protracted property downturn is eroding the balance sheets of the nation's largest state banks as their bad loans creep up.

Essential Drug Prices To Remain Flat In 2024

Prices have risen 10-12% two years

Tejas Mark-1A Makes Its Successful First Flight

The first Tejas Mark-1A fighter aircraft took to the skies from the Hindustan Aeronautics Limited (HAL) facility in Bengaluru on Thursday.

Enhance portfolio resilience by investing in MNC fund

When the equity markets turn volatile, investors look for funds that can weather difficult times.