CATEGORIES

NBFCs relying more on bank loans: RBI

Domestic non-banking financial companies (NBFCs), especially those in the upper-layer category, are increasingly relying on bank borrowings as their primary source of funding, according to an analysis in Reserve Bank of India (RBI)’s September bulletin.

CDIL to expand chip ATMP; fab plans later

Co will utilize PLI, SPECS schemes for new testing, packaging lines

Govt bonds swing on talk of joining indices

India's government debt market is on tenterhooks again as traders assess the buzz around prospects for the nation's sovereign debt to be added to global indexes.

JSW Infra readies ₹2,800 crore IPO; bidding opens 25 Sep

Port operator JSW Infrastructure Ltd on Monday announced plans for a ₹2,800 crore initial public offering (IPO), the first from the JSW Group in 13 years.

Brazil's Ebanx to enter India in developing markets expansion

Brazilian payments company Ebanx Ltda, which operates in 16 countries in Latin America and Africa, will begin doing business in India by the end of the year as part of its global expansion to developing countries.

Improved traction in tech deal wins helps, but not by much

Last week, Infosys Ltd inked a memorandum of understanding with a global company to provide enhanced digital experiences for an estimated contract value of $1.5 billion.

Dabur needs to power up its plan

Overall, a key strategy across segments includes strengthening the core and boosting the addressable market by expanding into new adjacencies through power platforms.

ADIA raises India exposure, invests in CMS Info, others

The Abu Dhabi Investment Authority (ADIA), the sovereign wealth fund representing the emirate of Abu Dhabi in UAE and one of the largest among its global peers, has added at least three new companies to its portfolio basket, just months after inking a large transaction in the private market committing $500 million to eyewear brand Lenskart.

EMPOWERING OUR ARTISANS FOR ROBUST GROWTH

The Prime Minister Vishwakarma Yojana, which was launched on Sunday to strengthen traditional artisans and craftspeople, will not only have an affirmative impact on the lives of millions of Indians, but also contribute enormously to economic growth.

IIT-Delhi seeks to draw young engineers with new curriculum

Indian Institute of Technology (IIT)-Delhi is overhauling its syllabus after a decade to weave in sustainability and bring in flexibility in engineering courses to engage the younger generation.

CIL, NHPC may convert old mines to pump storage

State-run Coal India Ltd and India’s largest hydropower company NHPC Ltd may join hands to explore the possibility of converting abandoned or closed mines into pump storage projects (PSP).

Pulse holding rule may last till end Dec with tighter limit

Stockholding limits in tur and urad may be extended till year end to boost domestic supply

Why a soft landing for the US economy could prove elusive

On the eve of recessions in 1990, 2001 and 2007, many Wall Street economists proclaimed the U.S. was on the cusp of achieving a soft landing, in which interest-rate increases corralled inflation without causing a recession.

Cabinet clears historic women's reservation bill

The Union cabinet led by Prime Minister Narendra Modi has approved the constitution amendment bill to provide reservations for women in Parliament and state assemblies, paving the way for the introduction of the historic bill in the ongoing special session of Parliament, officials said.

Disney India sale draws interest from companies, including RIL

Walt Disney Co. has held preliminary talks with potential buyers for its India streaming and television business including billionaire Mukesh Ambani's Reliance Industries Ltd (RIL), according to people familiar with the matter.

Nestlé casts net wider with ₹10 Maggi noodles

Nestlé India Ltd’s noodle brand Maggi is making a big comeback at the ₹10 price point, as the packaged consumer goods company aims to stave off competition and claw back market share in smaller towns and villages with an attractive price point.

In speech of conciliation, PM Modi lauds Nehru

Prime Minister Narendra Modi opened a special session of Parliament on Monday with an emotive speech, for the last time from the old Parliament house, in which he paid rich tributes to the country’s democratic traditions and recalled contributions of all former prime ministers—Jawaharlal Nehru and Atal Bihari Vajpayee to Manmohan Singh—and said the colonial-era premises will remain a “source of inspiration\" and “place of pilgrimage\" for all time to come.

Digitization, new forms boost direct tax mop-up 23.5%

Digitization, new forms boost direct tax mop-up 23.5% NEW DELHI : The government has collected ₹8.65 trillion in direct taxes up to 16 September after accounting for tax refunds, making up more than half of its annual target, the Central Board of Direct Taxes (CBDT) said in a statement.

Tata Sons eyes 2025 IPO for NBFC arm

Board expansion, merger with units set path for Tata Capital IPO

Clean aviation will take more than just biofuels

As prime mover of the Global Biofuel Alliance, India hopes to become a major supplier of sustainable aviation fuel. Whether bio-blends can clean up the sector, though, is unclear

Are multi-asset funds the right product in a soaring market?

Fund houses have launched multi-asset funds that invest across different asset classes, but their allocations vary

From Russia with drones: Kim Jong Un heads home

The North Korean leader ended his week-long trip amid fears in the West of an arms deal

Buy ships to transport energy: Govt to oil cos

Freight charges are key to calculations of retail prices of petrol and diesel

Weak pharma growth in Q2 sparks concerns

Weakness in domestic growth is driven by slow growth in the acute segment

Small-caps are flavour of the season across emerging markets

With the final quarter of 2023 approaching, one winning strategy in emerging markets is becoming clearer: buying shares in smaller companies

Trade winds carry no goods cheer in August

Goods trade marked another month of lacklustre performance. Trade deficit widened to a 10-month high of $24 billion in August as import and export performance remained dismal

Tata Motors cannot shake off rivals with Nexon facelift alone

The competitive intensity in India’s sport utility vehicle (SUV) segment is rising

'Bear market in crypto, TDS deal double blow for sector"

The Indian crypto industry is reeling - With the new taxation norms announced in Budget 2022-23, and the global turmoil around multiple cryptocurrencies leading to bankrupt trading platforms, many crypto founders and platforms, have decided to shift shop to countries with a clear and robust regulatory framework for virtual digital assets

India, Brazil begin talks to resolve sugar-related trade dispute at WTO

India and Brazil have started talks to mutually resolve a sugar-related trade dispute at the World Trade Organization (WTO)

Tech inputs duty review soon

The government is set to rationalize tariffs for inputs and sub-components used for making electronics goods, according to minister of electronics and information technology Rajeev Chandrasekhar