CATEGORIES

Nuvama optimistic about NSE, BSE despite volume dip in F&O

Amid a series of regulatory changes which may impact the revenues of bourses, Nuvama Institutional Equities is positive on the growth in revenue and profit of National Stock Exchange (NSE) and rival BSE.

'Pickup in consumption, capex key to earnings revival'

Even as the equity market has corrected sharply in the past few months, the valuations in midcaps and smallcaps are concerning, according to SANKARAN NAREN, executive director and chief investment officer of ICICI Prudential Mutual Fund. In an interview with Abhishek Kumar in Mumbai, Naren says investors should take a hybrid approach to navigate global uncertainties. Edited excerpts:

Mkts snap 4-day losing streak

Domestic investors help halt the slide

South Asian doors of perception

To help nurture literary talent from South Asia and to address a variety of gaps in publishing across geographies, London-based writer and journalist Sonia Faleiro established South Asia Speaks in 2020.

Ifsca mulls greater flexibility for co-investments

Proposes SPVs by fund management entities

Complex picture

Policy adventurism must be avoided

Ground realities

Groundwater contamination poses serious hazards

Drowning in content

Slow Horses is set in Slough House, home to all the rejects from MI5. These Slow Horses, however, see more action and cause more mayhem than the regular agents sitting in the posh Regent's Park office.

In a Trumpian world

The shift of power from the West to China will need to play out before the world can agree on new rules of behaviour

Over 100 feared dead, 500 trapped in S Africa mine

Rescuers sent a cage-like structure down into one of South Africa's deepest gold mines on Tuesday to bring out survivors among hundreds of miners who were working illegally in an abandoned shaft and have been trapped for months.

China Weighs Selling TikTok's US Ops to Musk

Chinese officials are evaluating a potential option that involves Elon Musk acquiring the US operations of TikTok if the company fails to fend off a controversial ban on the short-video app, according to people familiar with the matter.

EU Reviewing Probes Into US Tech Giants' Market Dominance

The European Commission is reevaluating its probes into tech giants including Apple, Meta, and Alphabet's Google, the Financial Times reported on Tuesday.

Hamas Accepts Draft Deal for Gaza Ceasefire, Hostage Release

Hamas has accepted a draft agreement for a ceasefire in the Gaza Strip and the release of dozens of hostages, two officials involved in the talks said on Tuesday.

US Justice Dept Releases Report on Trump Bid to Overturn '20 Election

Special Counsel Jack Smith said in a report to the US Justice Department that President-elect Donald Trump would have been convicted for trying to overturn the 2020 presidential election had the case gone to trial.

Hollywood's Filmmaking Continues Despite LA Wildfires

Over the past week, as eight wildfires destroyed vast portions of its home metropolis, Hollywood found itself violently impacted—and, at the same time, barely impacted at all.

US Finalises Rule Banning Smart Cars With Russian, Chinese Tech

The Biden administration has finalised a rule that effectively bans new personal smart cars with Chinese and Russian technology from American roads and takes steps to allow President-elect Donald Trump to extend those restrictions to commercial vehicles.

Trump Team Studies Gradual Tariff Hikes

Considers a 2-5% increase per month under emergency powers

Price fluctuations, export standards key hurdles for turmeric mkt: Report

Goyal launches National Turmeric Board, says it will help develop new avenues

IMD aims for zero-error forecast up to 3 days

The India Meteorological Department (IMD), which celebrated its 150th anniversary on Tuesday, has targeted zero-error weather forecasting up to three days, and 90 per cent accuracy in forecasting up to five days by 2047, a \"Vision Document\" released by Prime Minister Narendra Modi showed.

Political parties find new home at ITO

The Congress party's national headquarters, located at 24, Akbar Road in the national capital's Lutyens Bungalow Zone (LBZ) since 1978, will have a new address on Wednesday when former party chief Sonia Gandhi inaugurates the Indira Gandhi Bhavan at 9A Kotla Marg in Central Delhi.

NARCL sole bidder to buy ₹50K cr bad loans of JAL

State-owned National Asset Reconstruction Company (NARCL), which had placed the anchor bid for the State Bank of India-led consortium's non-performing loans (NPLs) in Jaiprakash Associates (JAL), has emerged as the sole bidder to acquire the assets, after no counterbids were received from any other interested entities, sources said.

Trump Tantrum impact on may be short-lived'

The Indian rupee may experience some volatility in the early days of Donald Trump's presidency, but it is likely to stabilise soon after, a report by the State Bank of India (SBI) said on Tuesday, terming this short-term phenomenon as \"Trump Tantrum\".

Insurance firms look to Budget for coverage lift

Industry hopes for tax relief and Insurance Act overhaul

RBI Rejigs Portfolios of Deputy Governors

The Reserve Bank of India has redistributed the portfolios of the deputy governor's after Michael Patra demitted office on Tuesday.

Labour codes: Centre looks to keep divergences to minimum

Earlier in 2022, a study by the VV Giri National Labour Institute, an autonomous body under the Union labour ministry, highlighted divergences in the draft rules under the codes, not only between the rules of the Centre and those of the states and UTs, but also among the states as well.

Tata Electronics Accounted for 29% of India's iPhone Exports in 2024

During the year, Tata Electronics recorded a 63 per cent increase in direct employment at its iPhone assembly operations, with the workforce expanding to 31,000 from 19,000 in 2023.

Dharavi's vicinity suitable for luxury, mid-end projects, say developers

Dominic Romell, president of the Confederation of Real Estate Developers' Associations of India-Maharashtra Chamber of Housing Industry (CREDAI-MCHI) and director of Romell Group, an over two-decades-old Mumbai-based real estate developer, said the project is being closely monitored by the real estate community.

₹ hits fresh low against $

RBI's intervention policy unlikely to have changed

IMGC, GIC Housing join hands to offer mortgage guarantee-backed home loans

India Mortgage Guarantee Corporation (IMGC), has announced a partnership with GIC Housing Finance Ltd (GICHFL) to offer innovative mortgage guarantee-backed home loan products.

FinMin Considers Asking Banks to Implement Geotagging for All Business Correspondents

The Union Ministry of Finance (FinMin) is planning to direct banks to implement geotagging for all Business Correspondents (BCs) in order to enhance accountability and facilitate better monitoring of their activities.