CATEGORIES

Paytm to give out fewer low-value personal loans

DIGITAL PAYMENTS FIRM Paytm said on Wednesday it will cut down on disbursing loans under ₹50,000, weeks after the central bank tightened rules on consumer lending after a surge in demand.

MAKE IN INDIA: Can we take pride in our products?

Change in mindset will help our economy grow and thrive

Bitcoin hype will clash with the Rolex recession

\"BUY BTC.\" The logo stamped on this week's leaked version of the Grand Theft Auto VI trailer, depicting a faux glamorous world of speedboats, supercars and \"shoot-em-ups,\" was well timed. Bitcoin's price has almost tripled this year to around $42,000, where it was before the 2022 Terra debacle. Frothy six- to sevenfigure price targets are back. With Coinbase Global Inc.'s boss touting Bitcoin as \"key\" to the West's future and El Salvador's Nayib Bukele demanding his critics apologise, you'd think an actual use case had been found.

What is going on with gold?

CHINA SEEKING TO INCREASE ITS HOLDINGS COULD JUST BE THE START OF A BULL MARKET

Boris Johnson apologises for mistakes made during Covid

BRITISH FORMER PRIME minister Boris Johnson gave his most explicit apology for his handling of the coronavirus crisis on Wednesday, saying his government had been too complacent and initially underestimated the risks posed by the virus.

Would not seek new term if Trump was not running: Biden

PRESIDENT JOE BIDEN said he may have decided to serve just one term if Donald Trump were not seeking to return to the White House, arguing the former president poses a grave threat to American democracy.

It's her era: Taylor Swift is Time's Person of the Year

IS THE YEAR of Taylor Swift over now? Not yet.

Heavy fighting in Gaza halts most aid delivery

ISRAELI TROOPS FOUGHT fierce battles with Hamas in southern Gaza on Wednesday after reaching the heart of the city of Khan Younis, forcing Palestinian civilians to seek refuge elsewhere as the number of safe areas decreases.

Putin talks Gaza, Ukraine and oil on West Asia trip

VLADIMIR SOLDATKIN GUY FAULCONBRIDGE Moscow, December 6

'Without better governance, all changes will be stillborn'

In their book 'Breaking the Mould', Raghuram Rajan, distinguished service professor of finance at the University of Chicago Booth School, and Rohit Lamba, assistant professor of economics, Pennsylvania State University, have stressed the need to make India a hub for ideas and pointed out that the employment opportunity lies in direct services as also in manufacturingembedded services. In an interview with Shobhana Subramanian, they said the multiplier effect can be huge with every skilled job creating four low-skilled jobs. Excerpts:

Rally continues, Nifty near 21K

INDIAN EQUITIES CONTINUED their upward march on Wednesday, with the benchmark indices scaling new peaks. The resounding rally made investors richer by ₹2.4 trillion and pushed up the market capitalisation of BSE-listed firms to ₹348 trillion. Local liquidity remains strong as domestic institutions continue to be big buyers.

Adani on $75-bn green transition path

ADANI GROUP PLANS to invest $75 billion on energy transition initiatives by 2030, chairman Gautam Adani said on Wednesday.

Auto sales hit record high

Buoyed by festive cheer, new launches and strong rural demand

Govt seeks nod for ₹14,524-cr extra spending on MGNREGS

Supplementary demand involves net cash outgo of ₹58,378 crore

Share of high-paying FDs surges to 80%

THE SHARE OF term deposits offering an interest rate of 6-8% surged to nearly 80% at the end of September from 58% at the end of March, Reserve Bank of India (RBI) data shows.

GST: Infra firms to move court

New tax on corporate guarantee may impede financing of projects

Apple pushes for Indian batteries

MOVE PART OF SHIFTING OUT OF CHINA

Online Gaming Companies Seek Clear Code Of Conduct, Sebi-Like Regulator

NINE MONTHS AFTER the government notified new gaming rules, companies such as Dream Sports, Games 24×7, as well as industry associations, are seeking clarity on a code of conduct for the sector. The manner in which the notified rules will be implemented, a framework for responsible gaming and player protection, architecture on checking financial frauds, gaming certification, are some of the areas on which the industry needs a clear roadmap.

No compromise on fielding, fitness, says women's cricket team coach

THE INDIAN WOMEN'S cricket team doesn't play often at home. In T20Is, they played Australia in December last year. The last ODI home series was back in March 2021. That is despite the fact they have a T20 World Cup in Bangladesh next year and a home World Cup in the 50-over format on the horizon in 2025. And above all this, it's been a year since the team's last official head coach was moved on from the job.

Michaung makes landfall in Andhra, Chennai toll now 17

THE DEATH TOLL from Chennai's widespread deluge, caused by Cyclone Michaung, has gone up to 17 on Tuesday, police said. While the hours-long heavy rain in the city stopped on Monday night, streets remained waterlogged.

Fossil fuel phase-out among options on COP28 table

COUNTRIES AT THE COP28 climate conference are considering calling for a formal phase-out of fossil fuels as part of the U.N. summit's final deal to tackle global warming, a draft negotiating text seen on Tuesday shows.

Scores killed as Israel storms Khan Younis in southern Gaza

ISRAELI FORCES STORMED the main city in the southern Gaza Strip on Tuesday and hospitals struggled to cope with scores of Palestinian dead and wounded.

Bumper day for Adani stocks

Group's market value soars ₹1.9 trillion

Ambuja revises open offer price for Sanghi

AMBUJA CEMENTS HAS increased the open offer price for Sanghi Industries to ₹121.90 a share from ₹114.22 as the company completed the deal to acquire shares from the erstwhile promoters.

White House confirms: US deputy NSA, India discussed Pannun issue

CONFIRMING THAT THE alleged plot to assassinate Khalistan separatist Gurpatwant Singh Pannun was discussed in meetings between its visiting Principal Deputy National Security Advisor Jonathan Finer and top Indian officials, the White House said he \"acknowledged India's establishment of a committee of enquiry\".

No immediate hike in domestic coal prices despite global spiral

COAL INDIA IS not looking to revise prices of the fuel as of now despite a widening of the gap between the domestic and international prices of the commodity, an official source told FE.

'Creativity, data and technology is the holy trifecta for success'

INTERVIEW: RAJDEEPAK DAS, CCO, Publicis Groupe South Asia, & chairman, Leo Burnett, South Asia

Apple warns India charger rules to hit local output target

Lobbies to delay EU-like rule on common charger

CPSEs meet 58% of annual capex target in April-Oct

Railways, NHAI, state-run firms invest ₹4.28 trillion

Services PMI falls to 1-year low in Nov

INDIA'S SERVICES PURCHASING Managers' Index, compiled by S&P Global, fell to a 12-month low of 56.9 in November from 58.4 in October on account of a softer expansion in \"new work intakes\" during the month, according to a release by the global ratings' agency.