CATEGORIES

M&M, Kerala in talks for EV unit

India's fourth-largest automaker, is in discussions with the Kerala government to set up an electric vehicle (EV) manufacturing unit in the southern state, which is known for its higher EV penetration.

Clinical Trial Waiver Only If Drugs Have Greater Benefits: Govt

The Ministry of Health and Family Welfare announced on Thursday that while it has waived the precondition of local clinical trials for certain drugs already approved in well-regulated markets, the subject expert committee will still assess whether these drugs offer greater therapeutic benefits than those available in India.

IT Firms Face 'Long Curve' Before Revenue Visibility From GenAI

Revenue from generative artificial intelligence (GenAI) or the deal pipeline in this segment in April-June of FY25 was missing in the quarterly statements of large information-technology services firms other than Accenture and Tata Consultancy Services (TCS).

Oil India Q1 net profit falls 9% to ₹1,467 crore on higher expenses

State-run explorer Oil India reported a smaller-thanexpected quarterly profit on Thursday, hurt by higher expenses.

LIC Q1 profit up 9.6% at ₹10.4K crore

Healthy growth in group business premiums

Fintech solutions can positively impact income, savings: CEA

The evolution of fintech solutions can have a transformative impact on the income, savings, and wealth creation in India, thereby contributing to social stability in the country, Chief Economic Advisor (CEA) V Anantha Nageswaran said on Thursday.

Improving outlook may drive further gains in Godrej Consumer

THE COMPASS Godrej Consumer Products (GCPL) reported a three per cent year-onyear (Y-o-Y) decline in consolidated net revenue to ₹3,330 crore, lower than consensus.

Alternative investment avenues attracting retail customers: RBI

Alternative investment avenues are becoming more attractive to retail customers, said the Reserve Bank of India (RBI) on Thursday, noting that the trend may expose the banking system to \"structural liquidity issues\".

Markets cede ground after 1-day gain

Sensex, Nifty decline 0.7% as global worries reignite

Keep bulk of portfolio in short- to medium-duration debt funds

In its monetary policy review meeting that ended on July 31, the US Federal Reserve (Fed) opted to keep interest rates unchanged, but hinted at a rate cut in September.

NSE's loss may be GIFT City's gain

Stricter F&O rules likely to lead shift in volumes, says NSE CEO

Waqf Bill referred to joint committee of Parliament

Oppn says move aims at targeting Muslims

'Wrestling won, I lost...no strength left': Crestfallen Vinesh bids adieu

Wrestler Vinesh Phogat (pictured) has announced retirement after her heartbreaking disqualification from the Olympics, saying she doesn't have the strength to continue.

A CLASS APART

Sebi has proposed a new asset class. How far can it quench the risk-taker's thirst?

Normal monsoon to drive Dabur's growth: CEO

Dabur India aims to achieve mid-high single-digit growth in consolidated business in FY25, driven largely by normal monsoon and a rural-focused Budget, the firm said on Thursday during its annual general meeting.

Rural continues to outpace urban in volumes growth

FMCG sector growth at 4% in April-June on relaxed consumption, shows Nielsen IQ data

Staying the course

Mr Das has set the record straight

Purvodaya for eastern revival

From the solar chakras of Konark to the teascented breezes of Darjeeling, from Nalanda's phoenix-like resurgence to the Brahmaputra's life-giving pulse, eastern India ascends not as a lone star but as the lodestar in India's competitiveness odyssey.

Chinese dependence

India has difficult choices

Don't count on a growth miracle

In a volatile global landscape, sustained growth rate of more than 7 per cent is quite a challenge

Yunus sworn in as B'desh interim head

NOBEL LAUREATE VOWS TO 'UPHOLD, PROTECT CONSTITUTION' 16 ADVISORS TO ASSIST LEADER

Meta raises $10.5 bn in largest high-grade debt sale

Meta Platforms sold $10.5 billion of investment-grade bonds, its largest-ever debt sale, which will boost its cash pile as the company spends heavily on artificial intelligence (AI).

SpaceX may bring astronauts home in 2025 if Boeing remains unfit

US' National Aeronautics and Space Administration (Nasa) is working with Elon Musk's SpaceX on plans to return two astronauts to Earth in the event that they're unable to travel on the troubled Boeing craft that initially carried them to space.

Three-quarters of global carry trades now unwound: JP Morgan

Three-quarters of the global carry trade has now been removed, with a recent selloff erasing this year's gains, according to JPMorgan Chase & Co.

Plot to attack Taylor Swift show in Austria linked to Islamic State

Three Taylor Swift (pictured) concerts this week in Vienna have been cancelled following arrests over an apparent plot to launch an attack in the area, potentially at the stadium itself, and at least one of the suspects has been linked to the Islamic State group.

FM: No back-door entry for defaulting promoters

Statement comes in response to concerns over haircuts in insolvency cases

Angry young man who retained belief in humanity of communism

He began his life in politics as an angry young man.

Now, cheques to be cleared in a few hours

Reserve Bank of India (RBI) has proposed continuous clearing of cheques with 'on-realisation-settlement' Cheque Truncation System, instead of the current clearing cycle of two working days to speed up payments and enhance efficiency in the system.

IBBI brings in self-regulatory norms for CoCs

The Insolvency and Bankruptcy Board of India (IBBI) has introduced guidelines for the Committee of Creditors (CoC), which steers the insolvency resolution, to stem the value erosion that occurs due to delay in procedures and bring more transparency to the process.

RBI mandates fortnightly credit information reporting

The Reserve Bank of India (RBI) on Thursday mandated the frequency of credit information reporting to fortnightly basis as a measure to boost transparency in the system.