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At 18, Gukesh is world's youngest chess champion
● Second Indian after Anand to win global title
Food, beverages at airports excessively priced: Flyers
A significant percentage of airline passengers said food and beverages that are sold at airports in the country are \"excessively\" priced, with some passengers paying more than 200% than at organised retail and railway stations, according to a survey.
PSUs spur impact across sectors through CSR activities
Public Sector Undertakings accounted for 26.23 per cent of the total CSR spending in FY 21-22, a recent CSR spending report revealed
AI stocks fuel much of bull run since 2022
BIG TECH HAS STAKED SOME OF ITS FUTURE ON AI
Kerala CM asks states to boost cooperation
Vijayan said on Thursday that Kerala and Tamil Nadu put forward a model of coexistence and cooperation that should spread through other states as well.
CE20 cryogenic engine of Isro passes critical test
THE INDIAN SPACE Research Organisation (Isro) on Thursday said it has achieved a major milestone after its CE20 cryogenic engine passed a critical test in ambient condition, featuring restart enabling systems.
Kejriwal promises to raise women allowance after poll
WITH AN EYE on the upcoming Delhi Assembly elections, AAP national convenor and former chief minister Arvind Kejriwal on Thursday announced that the monthly allowance given to women under the Mahila Samman Rashi scheme would be increased to ₹2,100 from ₹1,000 if the party returned to power next year.
PM stresses IMEEC in talks with UAE leader
● Says corridor a historic initiative for connectivity
Places of Worship Act: SC stops all surveys till further orders
\"UNDERLINING THAT \"NO effective orders\" can be passed, the Supreme Court on Thursday barred civil courts across the country from registering fresh suits challenging the ownership and title of any place of worship and from ordering surveys of disputed religious places until further orders.
Aspirational India, states & 16th Finance panel
AS INDIA HAS become more aspirational, state governments, cognizant of their prime role in accomplishing the national aspirations, have demanded that the 16th Finance Commission increase their share in the divisible pool of taxes to at least 50% to reduce the congenital inequality between the Union and the states.
India votes in favour of UN resolution seeking Gaza truce
INDIA VOTED IN favour of a UN General Assembly resolution that demanded an immediate, unconditional and permanent ceasefire in Gaza and reiterated the demand for immediate and unconditional release of all hostages.
Biden pardons 39, commutes sentences of 1,500 others
OUTGOING US PRESIDENT Joe Biden said on Thursday he was pardoning 39 people convicted of non-violent crimes and commuting the sentences of nearly 1,500 others who were serving long prison terms.
Trump named Time's Person of the Year, rings NYSE bell
TIME MAGAZINE ON Thursday named US President-elect Donald Trump its \"Person of the Year,\" citing his deep impact on American politics and the country's role in the world.
S Korean President vows a 'fight to the end', bets on allies' support
SOUTH KOREAN PRESIDENT Yoon Suk Yeol said on Thursday he would \"fight to the end\" as his own political party shifted closer to voting with the opposition to impeach him over his short-lived martial law order that threw the US ally into turmoil.
China vows bigger fiscal spending for economy
BEIJING EYES BIGGEST RATE CUTS IN 10 YRS
ECB cuts rate for 3rd straight time as inflation nears 2%
THE EUROPEAN CENTRAL Bank lowered interest rates for a third consecutive meeting, signaling more reductions next year as inflation nears 2% and the economy struggles.
Boeing still struggling to make its best-selling jet - 737 MAX
SINCE A CRIPPLING strike at many of Boeing's US plane factories ended more than a month ago, progress ramping up production of its best-selling 737 MAX jet has been deliberately slow.
The need for speed
●What Zepto Café needs to do to succeed in a new market
Exxon Mobil plots way back to a league of its own
IF ANYTHING DIFFERENTIATES Exxon Mobil Corp. from the rest is its ability to invest countercyclically – to be \"greedy only when others are fearful,\" in Warren Buffett's words.
Macquarie sees 21% upside for Delhivery
Shares of logistics provider Delhivery on Thursday gained nearly 3.2% on the BSE to its intraday high of ₹391.30 as global brokerage firm Macquarie has maintained its 'outperform' rating on the stock along with a 12-month target price of ₹460, implying an upside of more than 21%.
Jubilant FoodWorks falls after Coke bottler deal
SHARES OF JUBILANT FoodWorks fell over 5% on Thursday, a day after the Jubilant Bhartia Group agreed to pick up a 40% stake in Hindustan Coca-Cola Beverages (HCCB).
Indices settle lower as caution over inflation blunts IT rally
Shares fell on Thursday, weighed by a retreat in all sectors, barring information technology, because of caution ahead of inflation data.
Rupee hits new closing low, RBI intervention caps loss
THE RUPEE FELL to an all-time low on Thursday, pressured by a lingering depreciation bias and heightened demand for the US dollar in the non-deliverable forwards (NDF) market, while the intervention from the Reserve Bank of India helped prevent sharp losses.
Sebi trying to reduce float of ₹4.5 lakh cr lying with intermediaries
WITH MEASURES SUCH as T+0 settlement and UPI block mechanism for the secondary market, Sebi is trying to reduce the cash-equivalent collateral of over ₹4.5 lakh crore lying with intermediaries and bring in more transparency, whole-time member Ananth Narayan said on Thursday.
Sebi board may widen UPSI scope, tighten SME rules
THE BOARD OF the Securities and Exchange Board of India (Sebi), in its meeting on December 18, is likely to approve a slew of measures, including tighter norms for small and medium enterprises (SME) listing, review of custodian and merchant banker regulations and expansion of the definition of unpublished price sensitive information (UPSI).
NBFCs mop up over ₹10,000 cr via bonds
FUNDRAISING SPREE
NBCC to be consultant for 16 projects of Supertech
INSOLVENCY APPELLATE TRIBUNAL NCLAT has appointed state-owned NBCC as a project management consultant to complete debt-ridden realty firm Supertech's 16 real estate projects at a cost of nearly ₹9,500 crore, a move that will provide relief to thousands of homebuyers.
India needs $2.2-trn infra investment by 2030: Report
INDIA WILL REQUIRE an investment of $2.2 trillion for infrastructure development to become a $7-trillion economy by 2030, Knight Frank India said on Thursday, while stressing the need for radical measures to encourage private participation in this area.
Panel to flag bad loans
TO IMPROVE THE resolution process, banks have been instructed to closely monitor the top 20 NCLT cases at the MD level, with senior officials, not below the rank of GM, required to attend proceedings.
Makers of auto parts in a fix over EV switch
AUTO COMPONENT MANUFACTURERS, who were asked to set up factories by their clients to support the electric vehicle evolution, find themselves in a tough spot as automakers pivot back to traditional petrol and diesel engine technologies.