CATEGORIES

SoftBankshares plunge 19%, biggest drop since 1998 IPO

A stock rout in Japan wiped out $15 billion of SoftBank Group's value on Monday, after the company's biggest single-day fall since founder Masayoshi Son took the company public in 1998.

Iran pledges to 'punish' Israel, but softens tone

Israel says ready for any scenario, both offensively and defensively

NPAs of PSBs on Mudra loans declined to 3.4% in FY24: FM

Oppn slams govt over 18% GST on life, health insurance; to protest today

Continuous demands from poor Muslims to regulate waqf properties, says Rijiju

With the government likely to table a Bill to amend the Waqf Act, 1995, Union Minority Affairs Minister Kiren Rijiju on Monday said continuous demands and representations were made by common Muslims to make regulation of waqf properties more transparent and efficient.

Wayanad landslides: Minister says Kerala allowed illegal mining

Union Minister for Environment, Forest and Climate Change Bhupender Yadav on Monday blamed the Kerala government for the devastating landslides in Wayanad that claimed over 200 lives, accusing it of \"allowing\" illegal habitation and mining in the highly-sensitive area.

Govt tables Bill to delink petro ops from mining

Proposes to promote ease of doing business in exploration space

RBI moots regulations for credit risk models

The Reserve Bank of India (RBI) has proposed to lay down certain regulatory principles for managing risks emerging from use of models in credit decisions, including appraisal, borrower scoring and pricing.

The tide is turning

Six important developments have occurred since the Reserve Bank of India (RBI's) June Monetary Policy Committee (MPC) meeting.

Services PMI growth slows, yet remains solid in July

Growth in India's services sector slowed down a bit in June but remained upbeat, amid new business gains, online offerings and investment in technology, a private business survey revealed.

ONGC profit drops 32%, expenses swell

State-run Oil and Natural Gas Corporation (ONGC) on Monday posted a 32.1 percent fall in its consolidated net profit (attributable to owners) to ₹9,936.4 crore in the first quarter (April-June) of the current financial year (FY25).

PSBs' net profit grows 16% in Q1

NII under pressure; asset quality continues to improve

Hasina's fall from grace in nation her father founded

Sheikh Hasina has been one of the dominant figures in Bangladesh's politics since the assassination of her father, independence leader Sheikh Mujibur Rahman, nearly a half-century ago.

Uncertainty engulfs trade worth billions

Investors grapple with risk regarding existing projects; Bangladesh key destination for auto, agri items' exports

B'desh textile biz may move to hubs like Tiruppur

India likely to see volume of such exports inflate by $400 mn per month

Raveendran files caveat in SC against US lenders

A day after the National Company Law Appellate Tribunal (NCLAT) gave Byju Raveendran control of his company Byju's, he filed a caveat on Saturday in the Supreme Court to be informed if the US lenders decide to appeal against the order.

Recession fears add to IT sector concerns

Fear of a recession in the US due to rising unemployment has added to the concerns of India's IT services sector, which was seeing some growth returning after Q1FY25 results.

PV inventory surges even as auto retail sales rise

Pileup shoots to historic high, equating to ₹73,000 cr worth of stock

Blackstone may own majority in Aster-Care merged entity

Another big-ticket transaction is brewing in the healthcare sector, with US-based private equity (PE) firm Blackstone in talks with the Moopen family, the promoters of BSE-listed Aster DM Healthcare, to merge its 5,000bed unlisted hospital chain, Quality Care India, with Aster, according to a source familiar with the discussions.

'Committed to making India regional MRO hub'

Global aviation and defence major Boeing has had an engineering presence in India since 2009. In the past 15 years, it has secured orders for major military platforms and aligned itself with the \"Make in India\" initiative. Against this backdrop, Boeing Defence India Managing Director NIKHIL JOSHI, in an email interview with Bhaswar Kumar, speaks of the growth witnessed by the sourcing ecosystem in India and local research and development (R&D) goals.

Adani charts out succession plan for $213 bn empire

Adani Group Chairman Gautam Adani, 62, plans to step down at the age of 70 and shift control to his sons and their cousins in the early 2030s, he told Bloomberg News in an interview published on Monday.

Britannia gears up for regional challenge

Britannia Industries has adopted a strategy to take on regional players.

Airtel profit rises 158% on new 4G, 5G users

Continued growth in WiFi category helped Q1 gains; Arpu rises to ₹211

India Incgives weakest performance on profit front in seven quarters

Sales growth, too, remains modest amid demand challenges

Fear-gripped equity investors lose ₹15 trn

SENSEX, NIFTY FALL 2.7% AMID CONCERNS ABOUT US RECESSION, YEN CARRY TRADE UNWINDING INDIA VIX SURGES 42%, MOST IN 9 YEARS; FPIS OFFLOAD SHARES WORTH ₹10,073 CRORE

Sheikh Hasina quits as B'desh PM, flees, lands in India on way to UK

Modi chairs CCS meeting; Indian businesses in Bangladesh on alert Baa

GenAl That Works For Indian Defence

Large language models, the core of the technology, have been repurposed for the sector, reports Ashutosh Mishra

iPhone Export Surge Catapults Electronics To Podium Position

Driven by a surge in Apple iPhone exports from India, electronics has surged past gems and jewellery to secure the third spot among India's top 10 exports by the end of the April-June quarter (Q1) of 2024-25 (FY25).

On Crypto Bourses Table, A Reparation Fund For Clients

Traditional insurance products for crypto difficult ask: Experts

Fuelling the world's VFX machine

History and tech power have ensured India remains at the forefront of global visual effects biz

No rate cut, but dovish undertone likely

The stance can be changed, and if that doesn't happen, hawkish underdone will not continue