CATEGORIES

Steel recycle mandate for automakers on the anvil

The environment ministry is likely to soon issue regulations that will mandate automakers to recycle a specified percentage of steel from old vehicles, starting from the next financial year, according to people familiar with the matter.

GST compensation road map may stretch into FY26

The all-powerful Goods and Services Tax (GST) Council, at its upcoming meeting on September 9, is expected to provide a roadmap for the compensation cess that will likely continue \"well into\" 2025-26 (FY26), and also discuss whether it should eventually be replaced with a tax or a cess, say government officials.

Sales of smartphones over ₹1 lakh surge, buck mkt trend

Despite the hefty price tags, demand among consumers for smartphones priced at ₹1 lakh or above is on the rise, bolstered by rising average selling prices (ASPs), better financing options and a wider portfolio of products.

India@Paralympics: Shuttler Kumar Nitesh wins maiden gold

Kumar Nitesh clinched his maiden gold medal at the Paralympics, defeating Great Britain's Daniel Bethell in a gripping men's singles SL3 badminton final.

RG Kar hospital ex-principal arrested

The CBI on Monday arrested the former principal of RG Kar Medical College and Hospital Sandip Ghosh in connection with the alleged financial misconduct at the establishment, officials said.

'If we want big change in sports, we must take big steps'

Back from Paris, where she shot her way to Olympic glory, MANU BHAKER heaps praise on coach Jaspal Rana. In a free-wheeling interview with Vishal Menon and Anushka Bhardwaj in New Delhi, Bhaker lays bare her insecurities, and explains why she created a fake social media profile to defend PV Sindhu from trolls. Edited excerpts:

EV sales saw 23% rise in August

Electric vehicle (EV) sales increased by 22.8 per cent year-on-year with 156,199 vehicles sold in August.

TN all set to become India's Destination AI

With investments and projects coming from Google, PayPal, Applied Materials, Amazon Web Services, and many others, Tamil Nadu is fast becoming the favourite destination for artificial intelligence (AI) initiatives in India.

RELIANCE RISES ON ARTIFICIAL INTELLIGENCE

Can RIL do a Jio in Al services?

Manufacturing PMI eases to 3-month low in August

Growth in the Indian manufacturing sector slowed to a threemonth low in August, as firms saw softer growth in new orders and output.

Gujarat Gas surges 14% on restructuring plan

Brokerages upbeat, say shares will witness value unlocking

Be more discerning on SME IPOs: Regulator to exchanges

Mumbai, 2 September Exchanges and market ecosystem should learn to say 'no' when it comes to listings of small and medium enterprises (SMEs), said Ashwani Bhatia (pictured), a whole-time member of the Securities and Exchange Board of India (Sebi), amid concerns of manipulation and fraudulent practices in the sector.

Single disclosure on one exchange to be enough soon: Buch

Capital markets regulator Sebi Chief Madhabi Puri Buch on Monday said a single disclosure by listed companies on one stock exchange will soon be automatically uploaded on the other bourse.

Sebi keeps JSW Cement's IPO in abeyance

The Securities and Exchange Board of India (Sebi) has put in abeyance the proposed ₹4,000 crore initial public offering (IPO) of JSW Cement.

Street positive on cement stocks despite pricing pressures, demand woes

Cement manufacturers have hiked prices after a challenging Q1FY25, and Q2FY25 (so far) when general elections and seasonal factors cut down on construction activity.

Import dependence

Crop diversification can improve edible oil production

GenAI lessons from China

Silicon Valley entrepreneurs and startups often hog the limelight when it comes to technology discussions in India.

R&D: Why the private sector falls behind

Protected markets and strong growth expectations reduce the incentive for greater R&D

Investing for the future

Incentivising domestic chip research makes strategic sense

Nifty extends winning streak to 13 sessions

Benchmarks sprint to new closing records amid rate-cut speculation

Majority of IPO shares are sold in 7 days, 70% within a year

Sebi study shows most of IPO applicants chase quick gains

China warns Japan over new chip curbs

China has threatened severe economic retaliation against Japan if Tokyo further restricts sales and servicing of chipmaking equipment to Chinese firms, complicating US-led efforts to cut the world's secondlargest economy off from advanced technology.

Volkswagen weighs Germany plant closures to cut costs

Volkswagen (VW) is considering closing factories in Germany for the first time, in a move that shows the pressure Europe's top carmaker is facing from cheap Asian competition.

Russian missile attack rocks Kyiv, other parts of Ukraine

Russia launched an overnight barrage of drones and cruise and ballistic missiles at Kyiv, Ukraine's air force said on Monday, as children prepared their return to school across the country after the summer vacation.

German Far-Right blocked from power despite state win

Political parties in two eastern regions moved to block the Alternative fur Deutschland (AfD) from power after the Far-Right party won Sunday's election in Thuringia and came a close second in neighbouring Saxony.

Murdoch's REA mulls bid for $5.8bn housing site Rightmove

REA Group, part of Rupert Murdoch's sprawling empire, is considering a takeover offer for UK property portal Rightmove in a bid to create a global digital real estate company.

Blackstone 'closer' to $13 billion deal to acquire AirTrunk

Blackstone is nearing a deal to acquire Australian data centre operator AirTrunk for more than A$20 billion ($13.5 billion) including debt, people familiar with the matter said, in what could be one of the largest digital infrastructure deals this year.

Israelis strike work for hostages' release

Critics accuse Netanyahu of prolonging the conflict instead of prioritising the return of nearly 100 remaining hostages

Modi targets Oppn over internal democracy

Prime Minister Narendra Modi (pictured) on Monday took a swipe at Opposition parties, saying many of them are examples of what happens when political organisations do not follow internal democracy.

EOU's B-17 bond serves purpose of continuity bond under IGCR Rules

We refer to DGFT PN 14/2024 dated August 22, 2024 amending Para 4.49(g)(i) and (g)(ii) of the HBP.