CATEGORIES

One-nation-one-legislative platform to be a reality soon: PM

PRIME MINISTER NARENDRA Modi on Saturday said he was happy that Parliament and state legislatures were working towards realisation of the goal of one-nation-one-legislative platform.

Nitish Kumar likely to resign today: Source

BIHAR CHIEF MINISTER Nitish Kumar on Saturday appeared all set to make his second political volte-face in less than three years, with a highly-placed source close to Kumar saying that the JD(U) president is likely to tender his resignation by Sunday morning.

Navy responds to call from British oil tanker on fire in Gulf of Aden

Effort supported by American and French Navy vessels

From pink vodka to citrus gin, Indian alco-bev market gets a new spirit

Brands bank on colours, flavours to woo young drinkers

Binny Bansal exits Flipkart to build OppDoor

BINNY BANSAL, CO-FOUNDER of e-commerce giant Flipkart, has stepped down from the company's board after 16 years at the helm. His departure comes after a five-year non-competing clause included in the deal to sell his remaining stake in the company to Walmart in May 2018 came to an end.

TaMo, M&M invited to make in Thailand

Will evaluate demand, no plans for plant yet: M&M

Investor interest wanes in Covid-buoyed startups

From gaming to ed-tech, many just a flash in the pan

ADDRESS TO NATION ON EVE OF R-DAY Ram temple landmark in India's history: President

CALLING THE CONSECRATION ceremony at the new Ram temple in Ayodhya a \"landmark in India's continued re-discovery of its civilisational heritage\", President Droupadi Murmu on Thursday said the temple was an expression of people's faith, and a testament to their trust in the judicial process.

People sound poll bugle for me: PM

LAUNCHING A SLEW of development projects in western Uttar Pradesh in the countdown to the Lok Sabha polls, Prime Minister Narendra Modi said on Thursday that he only sounds the \"bugle of vikas\" (development) and it is the janata janardan\" (the people) who sound the election bugle for him.

Tax sops for exports: What industry wants

Funds, incentives sought to boost green technology

iPhone tops China smartphone market for first time

APPLE'S IPHONE WAS the top-selling smartphone series in China for the first time last year, a surprisingly strong showing in the face of fierce local competition and expanding government prohibitions against the American company's technology.

Boeing blocked from building more 737s

Largest MAX variant was grounded earlier this month

Unabated FPI selloff leads to $4-bn exit in seven sessions

FOREIGN PORTFOLIO INVESTORS (FPIs) continue to be on a selling spree, recording seven straight sessions of net outflows as of Thursday. A net $4 billion has been withdrawn in seven sessions.

Cash-strapped banks place ₹3-trn bids at VRR auction

THE RESERVE BANK of India (RBI) received bids worth ₹3.08 trillon from banks against the notified amount of ₹2.5 trillion at the variable rate repo (VRR) auction held on Friday, reflecting high demand for cash from lenders amid tight liquidity.

Vedanta's net profit falls 18.3% in Q3

MINING MAJOR VEDANTA (VEDL) has posted an 18.3% fall in its consolidated net profit at ₹2,013 crore for the quarter ended December,influenced by weak prices of zinc and aluminium and higher finance costs.

JSW Steel sees five-fold jump in net profit in Q3

JSW STEEL HAS reported a five-fold increase in consolidated net profit at ₹2,415 crore for the December quarter, beating Street estimates, driven by robust demand in the country.

Khazanah in talks to lead Oyo's $400 million fund raise

KHAZANAH NASIONAL BERHAD, the sovereign wealth fund of Malaysia, is in discussions to lead a $400 million funding round in Oyo Hotels & Homes, according to people familiar with the matter.

Swiggy to lay off around 400 on road to listing

FOOD-DELIVERY STARTUP Swiggy is likely to fire 400 employees or nearly 7% of its workforce, sources said, adding to the list of tech startups that are handing out pink slips at the start of the year.

Zee calls off $1.5-billion ICC TV deal with Disney

May increase its legal woes, Say analysts

Commerce min backs lower import tariffs on gold bars

THE COMMERCE MINISTRY has backed a long-standing demand from the jewellery industry to reduce import tariffs on gold bars, government and industry officials said, amid concern the duties were further harming the country's faltering jewellery exports.

Demand for refined oil items may see a modest 3% growth

The country's demand for petroleum products, including aviation turbine fuel, diesel, LPG, among others is likely to grow to 239 MT in the next financial year

Govt borrowings may stay flat in FY25

THE GOVERNMENT MAY keep its gross market borrowing for 202425 close to this fiscal's level, according to two government sources, as it looks to rein in its borrowings that have more than doubled, mainly due to pandemic spending.

More measures in the works to rein in coal imports

AFTER TARGETING TO eliminate imports of substitutable coal by FY26, the government will now encourage imported coal-based power plants to make capital investments to run on domestic fuel.

Social sector schemes nearing saturation: FM

AHEAD OF THE interim Budget on February 1, finance minister Nirmala Sitharaman on Thursday said the government will \"do everything\" for the economic uplift of the poor, farmers, women and youth.

Two mega defence deals in focus as Modi, Macron meet

PRIME MINISTER NARENDRA Modi and French President Emmanuel Macron on Thursday held wideranging talks at a 19th century palace that showcases Jaipur's royal heritage to further consolidate bilateral strategic engagement

Lenders file insolvency plea against Byju's

TROUBLE SEEMS TO be mounting for Byju's, with two more insolvency petitions filed against the edtech startup.

Two-wheeler exports in troubled waters

FREIGHT RATES AND shipment time to Latin America and Africa key markets for Indian twowheeler makers such as Bajaj Auto and TVS Motor Company - have doubled due to the shipping crisis in the Red Sea.

Can Gill and Iyer fill the Virat-void?

ON TUESDAY, SHUBMAN Gill was named India's men cricketer of 2023. On Wednesday, a day before India's first Test against England, he turned up for a full-on nets session at the Rajiv Gandhi International Stadium in Hyderabad.

Bonds set for $100-bn foreign flows: HSBC

INDIAN BONDS ARE likely to attract about $100 billion of foreign inflows in the coming years, lured by the global bond index inclusion, according to HSBC Asset Management.

Saudi Arabia prepares to open first alcohol store for envoys

Customers will have to register via a mobile app, get a clearance code from the foreign ministry, and respect monthly quotas with their purchases