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Tax on overseas credit card spend unlikely from Monday

No word yet from poll-bound govt on April 1 notification

TATA TECH, MAMAEARTH TOP NAMES Lock-in of ₹1.5 trn shares set to end

66 companies will see the end of lock-in period in the next four months

ED Motive Is To Create Smokescreen To Crush AAP: Kejriwal To Court

CHIEF MINISTER ARVIND Kejriwal, arrested a week ago by the Enforcement Directorate that is probing the Delhi excise policy case, told a Delhi court Thursday that the ED has two motives: To create a smokescreen to crush the AAP, and to create an extortion racket.

Mentored by Yuvraj & Lara, Abhishek shines

IN A SUNRISERS Hyderabad batting line up comprising bonafide stars - Travis Head, Aiden Markram and Heinrich Klaasen 23-year-old Abhishek Sharma didn't look out of place on Wednesday night.

CIL's supplies to power sector top FY24 target

COAL INDIA SURPASSED its annual target of coal supplies to the power sector on March 27 at 610.8 million tonne (MT).

Spurt in realty credit as housing sales boom

THE CREDIT FLOW to real estate, from both banks and private channels, has significantly grown as residential sales boom and the office property market on the mend.

63 brokers traded in T+0 settlement on Day 1, says BSE

A TOTAL OF 63 brokers registered with the BSE traded in the optional T+O settlement cycle on the first day of the beta test on Thursday, with as many as 41 brokers trading in 10 scrips.

Benchmark bond yield softens 25 bps in FY24

Index inclusion, fiscal consolidation cooling of US peers lead to the decline

Disney Star breaks viewership records on IPL day 1

BROADCASTER DISNEY STAR highest-everwatch recorded its time for a single game during the opening day (March 22) of the Indian Premier League (IPL), it said on Thursday.

Adani family cements Ambuja hold with ₹6,661-cr infusion

Raises stake by 3.6% to 66.7% in company

Yen fall may not hit Indian exports

THE RECENT DEPRECIATION seen in the yen is not expected to impact India's exports to Japan as they are not competing with domestic manufacturers, but it could jack up Indian imports of electronics, machinery and auto components, according to the Federation of Indian Export Organisation.

Rural workers to get 3-11% wage hike

AHEAD OF THE general elections, the Centre has notified hikes in the range of 3-11% in the daily wages of Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) workers for the next fiscal.

Fiscal deficit reaches 86.5% of FY24 RE in April-February

Capex momentum strong, but poll code may slow it in March

Bankman-Fried sentenced to 25 years in jail for FTX fraud

SAM BANKMAN-FRIED WAS sentenced to 25 years in prison by a judge on Thursday for stealing $8 billion from customers of the now bankrupt FTX cryptocurrency exchange he founded, the last step in the former billionaire wunderkind's dramatic downfall.

Shifting gears: Maruti Suzuki to launch 6 EVs by 2030, eyes 15% sales

AHEAD OF ITS first electric vehicle launch, the eVX in 2025 - and eventually six EVs by 2030 Maruti Suzuki is exploring all options to alleviate range anxiety by enhancing charging infrastructure, despite the fact that the eVX reportedly has a big, 60-kWh battery and a 550-km range.

RIL picks up 26% in Adani firm

IN A FIRST-EVER collaboration between the two of the country's largest conglomerates, Mukesh Ambani's Reliance Industries (RIL) will buy 26% stake in a power project of Gautam Adani's Adani Power for using 500 megawatt for captive use.

Auto firms feel the chill of Baltimore bridge collapse

\"Too early to assess', says one; JLR, M&M, Eicher top exporters

HUL in initial talks for sale of Pureit

THE COUNTRY'S LARGEST consumer goods company, Hindustan Unilever, is looking at a potential sale of its Pureit water purifier business, informed sources have told FE, in an attempt to focus on its core FMCG businesses.

Indices end FY24 on a high; Nifty jumps 29%

INDIAN STOCK MARKETS closed on a high on the last trading session of FY24 on Thursday, with both the Sensex and Nifty rising almost 1%. Overall, bulls continued to dominate bourses the in FY24, despite geopolitical tensions and inflation continuing to be sticky for most part of the year.

American Ceos Should Invest In China, Says Xi

PRESIDENT XI JINPING met with a group of American business leaders in Beijing including Blackstone Inc's Stephen Schwarzman and Qualcomm's Cristiano Amon as China is seeking to restore confidence in the economy and keep relations with the US on a stable footing.

Aadhaar May Be Used As Key Tool For Population Census

Experts say data can only be partly used

Poll ad spend to hit ₹4K cr; social media stars top draw

WITH POLITICAL PARTIES getting into the campaign mode, political advertisements across media platforms is set to rise by around 20-60% this time compared to the 2019 parliamentary elections.

No interim relief for Kejriwal, ED gets time to respond to pleas

Arrest disables him from active role, level-playing field uneven: Singhvi

Baltimore bridge collapse reverberates from cars to coal

THE 1.6 MILE-LONG bridge collapsed in a matter of seconds. The catastrophic consequences are set to stretch out for weeks.

Bonds see biggest selloff by global investors in a year

THE INDIAN RUPEE'S decline to a record low on Friday pushed foreign investors to reassess their frenzied buying of the country's assets, triggering the biggest selloff in Indian bonds in a year.

RBI eases rules on regulated entities' investment in AIFS

THE RESERVE BANK of India (RBI) on Wednesday eased its recently tightened rules that had mandated lenders (regulated entities or REs) to set aside higher provisions if they have bought into alternative investment funds (AIFS) that, in turn, invested in the lender's borrowers.

Renault-Nissan to launch four SUVs

To take on Creta, Seltos and Grand Vitara models

IPO-bound Swiggy delivers ₹5,476-cr revenue in Apr-Dec

Gross order value at ₹24,230 cr in first nine months of FY24

Amul to start fresh milk sales in more countries

Announcement likely in 2 months

To gauge PSE valuation before listing them: FM

THE GOVERNMENT IS closely monitoring the valuation of state-run companies and working on improving their valuation before listing them, finance minister Nirmala Sitharaman said at an event on Wednesday.