CATEGORIES

Big Tech for separate rules on deepfakes

AS THE MINISTRY of electronics and information technology (Meity) is working on amendments to the IT Rules, 2021, to tackle deepfakes, global software companies such as Microsoft, IBM, Adobe, Amazon Web Services (AWS), Zoom and SAP have urged that regulations for B2B enterprises and social media firms should be different.

Govt launches sale of 'Bharat rice' at ₹29/kg

TO CURB THE spike in prices, the government on Tuesday launched the sale of subsidised 'Bharat rice'at 29/kg through retail outlets of Kendriya Bhandar, farmers' cooperative Nafed, and National Cooperative Consumers Federation, besides the digital platform open network for digital commerce (ONDC).

House panel: Lower GST on insurance

Suggests slew of measures to ensure insurance for all

Pvt spending picking up, ‘animal spirits' back in economy: CEA

CHIEF ECONOMIC ADVISER (CEA) V Anantha Nageswaran has said the animal spirits are back in the Indian economy and this is reflected in the visible pick-up in private sector investment.

Inflation within tolerance band due to govt steps: FM

RETAIL INFLATION HAS come down to within the tolerance band due to steps taken by the government to check price rise in essential commodities, especially in perishable commodities, Finance Minister Nirmala Sitharaman told the Rajya Sabha on Tuesday.

Vedanta to spend $4 bn in 3 years

MINING CONGLOMERATE VEDANTA will invest $4 billion over the next three years to double oil production, its chairman Anil Agarwal said on Tuesday as he pushed ahead with an aggressive oil and gas expansion programme.

Petronet LNG inks $78-bn deal with QatarEnergy

PETRONET LNG AND QATARENERGY on Tuesday inked a long-term LNG sale & purchase agreement (SPA) for the supply of around 7.5 million metric tonne per annum (MMTPA) of LNG to India, for the period between 2028 to 2048.

India to spend $67 bn in energy sector: PM

Meets executives of ExxonMobil, Total, BP other global firms

Top realtors turn land lords

BUOYED BY HIGH demand for residential properties after the pandemic, top property developers have gone on a land buying spree in the last two years.

FDI use in Paytm under ED lens

THE ENFORCEMENT DIRECTORATE (ED) is gathering information about the \"end uses\" of foreign direct investment (FDI) in One97 Communications, which owns Paytm Payments Bank (PPB), a source privy to the matter told FE.

India ride on Bumrah to beat England

Series now tied at 1-1; next Test in Rajkot after a nine-day break

Surge in import of gold findings’, govt hikes duty

JUST A WEEK before the presentation of Budget 2024-25, the finance ministry hiked import duties on a specific, relatively unheard category of the jewellery segment called gold findings, which are small components such as hooks, clasps, clamps, pins, screws used to hold the whole or a part of a piece of jewellery in place.

LIC Housing Fin to focus on affordable housing segment

LIC HOUSING FINANCE will focus on the affordable housing segment in a bid to accelerate the loan growth and improve margins, managing director and chief executive officer Tribhuwan Adhikari said.

Tata Motors: Market share growth in focus

JLR sets target of Ebit margin above 8% in FY24

SBI: Continued positive outlook

Driving forces are loan book growth and robust asset quality

Boeing: Problem with 737 fuselages may delay deliveries

BOEING DISCOVERED ANOTHER problem in some of its 737 fuselages that may delay deliveries of about 50 aircraft in the latest quality gaffe to plague the manufacturer.

Chinese brokers restrict cross-border swaps

CHINESE BROKERAGES, INCLUDING state-owned behemoth China International Capital Corp (CICC), have restricted the amount of crossborder swap transactions domestic investors can undertake, as authorities seek to defend the weak stock market, according to six sources familiar with the matter.

Google's once-happy offices feel the chill of layoffs

WHEN DIANE HIRSH Theriault's co-worker returned from lunch to Google's Cambridge, Mass., office one afternoon in October, his work badge couldn't open a turnstile. He quickly realized it was a sign that he had been laid off.

VIX on the rise, investors turn jittery

THE INDIA VIX, or the volatility index, jumped 6% on Monday to close above the psychological 15 mark, indicating rising volatility. Intra-day, it crossed 16.

Compliance in focus: Fintechs

THE RESERVE BANK of India (RBI)'s clampdown on Paytm Payments Bank has reinforced the need for compliance among fintechs, say industry experts. They fear that similar lapses by other entities may put the industry's reputation at stake.

Infra drives growth in corporate loan book

Pvt sector accounts for 75% of 4.6-trillion corporate loan book

Ashok Leyland's profit jumps 61% to ₹580 cr

ASHOK LEYLAND, THE flagship company of the Hinduja Group, posted an estimatebeating stand-alone net profit for the December quarter, helped by better price realisation and higher cost savings.

Aster DM aims to be healthcare in top 3 in

ASTER DM HEALTHCARE, a Bengaluru-based hospital and pharmacy operator, aims to be among the top three healthcare providers in India in the next few years, through a series of brownfield and greenfield initiatives, a top official said.

Will continue to vigorously arbitrate against Zee: Sony

SONY GROUP CORPORATION'S Indian unit on Monday said it was disappointed with the Singapore arbitrator's rejection of its emergency plea to stay proceedings at the National Company Law Tribunal (NCLT) for enforcement of the nowjunked merger with Zee.

Airtel profit soars 82% in Q3,Arpu rises to 208

BHARTI AIRTEL ON Tuesday reported an 82% quarter-on-quarter increase in net profit to ₹2,442.2 crore, missing Bloomberg's estimate of 2,596 crore.

No plans to sell stake in EV arm: Tata Motors

TATA MOTORS IS not looking to sell a bigger stake in its recently created subsidiary, Tata Passenger Electric Mobility (TPEML), chief financial officer PB Balaji has indicated, as the environment is not conducive to raising funds.

Haryana private jobs quota: SC seeks Centre’s response

THE SUPREME COURT on Monday sought response from the Centre on a plea filed by the Haryana government against the Punjab and Haryana High Court order declaring as \"unconstitutional\" its law providing 75% reservation in private sector jobs to the residents of the state.

PM predicts at least 370 seats for BJP in LS polls

PRIME MINISTER NARENDRA Modi on Monday expressed confidence that the NDA will get more than 400 seats and the BJP will win at least 370 seats in the Lok Sabha elections.

Moderation in agri, services growth hit private consumption, says govt

MODERATION IN GROWTH of agriculture and allied sectors and a slowdown in the services sector have lowered the overall private consumption growth in the current financial year, minister of state (MOS) for finance Pankaj Chaudhary informed the Lok Sabha on Monday.

States get ₹66,745-crore capex loans so far in FY24

THE CENTRE HAS released 66,745 crore or 64% of the ₹1.05-trillion 50-year interest-free capex loans budgeted in the revised estimate for states for the current financial year.