CATEGORIES

RBI clampdown may limit loan growth in FY25, says S&P Global

The Reserve Bank of India's (RBI's) push for improving governance and transparency at finance companies and banks could impede growth and lead to higher capital costs for institutions, according to Standard and Poor's (S&P) Global Ratings.

S&Pups FY25 GDP forecast to 6.8%

Rating agency says lower fiscal deficit will dampen India's growth

Labour-intensive jobs India's only option now: ILO

There is \"no alternative\" for India to have growth led by labour-intensive manufacturing at least for the next 10 years to absorb seven-eight million youths who will join the labour force annually, a report jointly prepared by the International Labour Organization (ILO) and Institute for Human Development (IHD) has said.

CAD narrowed to 1.2% of GDP in Q3

Services exports grew due to rising software exports, business, travel services

Daimler India looks to drive in 14 models in 2024

Driven by a record 39 per cent growth in domestic business in 2023, Daimler India Commercial Vehicles (DICV) has lined up 14 new launches in 2024.

Tendulkar-backed firm to invest ₹5K cr in semicon facility

RRP Electronics, a company backed by former cricketer Sachin Tendulkar, on Tuesday announced an investment of ₹5,000 crore for a semiconductor facility in Maharashtra.

Operationally profitable for two quarters: Myntra

Flipkart-owned fashion platform Myntra has said that it has been operationally profitable since last year's December quarter.

2 unicorns but funding to startups down 29%

India 4th-largest recipient of funding

'India should have world-class education ecosystem'

Mahindra Group Chairman ANAND MAHINDRA and his family have pledged ₹550 crore over the next five years for Mahindra University (MU) and the Indira Mahindra School of Education in Hyderabad.

SpiceJet to own 13 planes after ₹755 cr EDC settlement

SpiceJet on Tuesday said it had signed an agreement with aircraft lessor Export Development Canada (EDC) to settle liabilities worth ₹755 crore.

Wipro-GEJV to invest ₹8K cr to 'Make in India for the World'

Wipro GE Healthcare, a leading medical technology, diagnostics, and digital solutions joint venture between Wipro and GE Healthcare, aims to increase localisation in manufacturing in the country from 50 per cent currently to 70-80 per cent.

Zee should cut costs in profit pursuit: Panel

A new review panel by Zee Entertainment stated the firm should substantially reduce losses in its businesses, including its English TV channels, and cut costs in other areas to meet a key profit target, the broadcaster said on Tuesday.

Adani picks up 95% in Gopalpur Port for ₹3K cr

India's largest port operator Adani Ports and Special Economic Zone (APSEZ) has expanded its presence on India's coastline after buying 95 per cent in Odisha's Gopalpur Port Ltd (GPL) at an enterprise value of ₹3,080 crore.

L&T board okays proposal to raise up to ₹7,500 crore

Engineering conglomerate Larsen & Toubro (L&T) on Tuesday said the company's board had approved a proposal to raise ₹7,500 crore.

94 new Indian entrants to Hurun rich list

The global billionaires list witnessed as many as 94 new entrants from India, stated a report by Hurun India on Tuesday.

Investors open wallets for equity MFs in choppy mkts

Equity mutual fund (MF) schemes have raked in ₹46,200 crore in net lump-sum inflows in the past six months (ended February 2024), almost thrice the inflow in the previous six-month period.

All roads lead to BS@50 summit

Finance Minister Nirmala Sitharaman, Commerce Minister Piyush Goyal and Railways, Communications & IT Minister Ashwini Vaishnaw among those who will discuss India's developed-nation road map, starting today

Ministries test the Al waters

As the world advances towards the next stage of evolution with artificial intelligence (AI), the government has started taking steps to prepare for the future.

Coal, The Dirtiest Fossil Fuel, Prepares For A Long Goodbye

Thanks to a combination of China's energy insecurity, rising Indian demand, fallout of the war in Ukraine, and faltering international programmes to wean developing economies off fossil fuels, coal is proving remarkably resilient

Behind Google, Qualcomm, Intel Plot To Break Nvidia's AI Reign

Nvidia earned its $2.2 trillion market cap by producing artificial intelligence (AI) chips that have become the lifeblood powering the new era of generative AI developers from startups to Microsoft, OpenAI and Google parent Alphabet.

Now, You Can Get Insurance Tailored To Your Needs

From April 1, when we buy insurance for a car or take out a health cover, insurance companies can offer a product totally customised for us.

EU Probes Apple, Meta Under New Tech Law

Tech giants face risk _ of hefty fines in 1st probe under DMA

Where Is The Debt?

Robust equity markets are not enough to kickstart a private sector capex cycle. India needs easily accessible debt financing

₹28,830 on gujiya! Online retail platforms drenched in Holi sales success

Online shopping platforms such as Flipkart, Swiggy, Blinkit, and Zepto are witnessing blockbuster Holi festival sales.

Ban on 'ferocious' dog breeds takes a bite out of pet business

As the debate on animal welfare and public safety intensifies, dog breeders find themselves at the receiving end of regulatory intervention.

India's fertility rate to decline? Experts raise red flags

Experts have raised concerns regarding the projected fall in India's total fertility rate (TFR) in a recent study by Lancet on global fertility rates.

French luxury décor brands home in on Indian market

Over 30 luxe interior design brands from France showcased their creations to tap a new and growing class of rich Indians

The RBI way of firefighting

Often, it's a long investigation process, but the regulator doesn't discuss this openly since that can threaten financial sector stability. There are no teasers

It's back to the grind

Shadow banks’ mission to diversify their funding is likely to see them struggle in the quest

APY accounts opened without approval: ICSSR sample study

Nearly one of three subscribers who dropped out of the central government's pension scheme for the unorganised sector, the Atal Pension Yojana (APY), did so because their accounts were opened without their \"explicit\" permission, a recent sample study by the Indian Council of Social Science Research (ICSSR) has shown.