CATEGORIES

Volume growth for NMDC to remain robust in H2FY25

NMDC's revenue in Q2FY25 came in at ₹4,900 crore (a rise of 23 per cent year-on-year or Y-o-Y), while it was down 9 per cent quarter-on-quarter (Q-o-Q).

CIEL HR to file draft papers for ₹450 cr IPO

CIEL HR Services (CIEL), which uses technology to provide human resources solutions, will soon file draft papers for an initial public offering (IPO) estimated to be around ₹450 crore in size, according to sources.

Angel funds see red in Sebi's new accredited investors-only proposal

The Securities and Exchange Board of India's (Sebi's) proposal to allow only \"accredited investors\" to invest in angel funds has raised concerns in some quarters, even as most fund managers believe the overall ecosystem was set for a boost.

CLSA does U-turn on China, ups India exposure after Trump win

Says India seen as more attractive investment destination due to its strong economic growth and relatively low exposure to trade risks

Unfazed by mkt fall, largecap, flexicap MF schemes shine in Oct

Both categories saw all-time-high inflows during the month

Is business a °living machine?

For over 50 years, almost F every practitioner of business management has probably been a fan of Peter Drucker.

Captain Bumrah

Jasprit Bumrah, the once-in-a J generation fast bowler, who has captained India in a solitary Test match and a couple of T20 internationals so far, has no qualms about picking himself as the \"greatest Indian captain.\"

Two-front deterrence

India needs clear deterrence against both likely adversaries. With China, it lies in raising costs of aggression to levels it should find unaffordable. For Pakistan, it has to be punitive

Neighbourly insights

The US elections have thrown a spotlight on a controversial polling method called the \"Neighbour Effect.\" A French national who calls himself \"Theo\" made a significant fortune betting on Donald Trump.

Here's how Trump could lose the coming trade war

The good news: I don't think Donald Trump will cause a global trade war.

Berkshire picks a slice of Domino's Pizza

Warren Buffett's Berkshire Hathaway said on Thursday it made new investments in Domino's Pizza and Pool Corp in the third quarter, even as it retrenched from stocks such as Apple and Bank of America.

Samsung plans $7 bn buyback

Samsung Electronics has decided to buy back shares worth 10 trillion won ($7.17 billion) over a one-year period to boost shareholder value, after shares plunged to more than four-year lows earlier in the week.

Sri Lankan President's coalition wins historic majority in election

Sri Lankan President Anura Kumara Dissanayake's coalition won a historic parliamentary supermajority in the country's election, underscoring the depth of the support for the leftist leader who pledges to combat corruption and change the terms of a International Monetary Fund (IMF) bailout.

US Treasury finds no currency manipulation in final Biden-era foreign exchange report

No major US trading partner manipulated its currency in the year to June 30, the Treasury Department said on Thursday in the Biden administration's final semi-annual currency report before turning over policing of foreign exchange practices to President-elect Donald Trump.

Trump picks vaccine sceptic Kennedy to lead health dept

President-elect Donald Trump said on Thursday he has selected Robert F Kennedy Jr, an environmental activist who has spread misinformation on vaccines, to lead the Department of Health and Human Services, the United States' top health agency.

Powell: No need for Fed to rush rate cuts

Fed chair declines to say if he would continue after term ends

Smaller parties look to make big dent in Jharkhand, Maharashtra

Smaller regional outfits have emerged a cause for concern for the two principal rival blocs in the Jharkhand and Maharashtra Assembly polls.

Dharavi makeover plan caught in poll crossfire

Redevelopment of the slums has become a political flashpoint with promises of housing reforms dividing residents. A ground report by PRACHI PISAL

Exports, domestic demand to drive pharma revenue growth

The pharmaceuticals sector is expected to get a shot in the arm this financial year from robust export demand from regulated and semi-regulated markets on the back of drug shortages in the US and European countries as well as new product launches.

Belstar Microfinance to focus on consolidation over growth

With asset quality pressure rising in micro loans, Muthoot Finance-controlled Belstar Microfinance is planning to focus on consolidation of portfolio over the next two three quarters rather than growth.

Forex kitty drops $29 bn in six weeks

India's foreign exchange reserves declined $6.48 billion in the week ended November 8 to touch $675.7 billion.

Pinaka rocket launcher completes flight tests

One of the Army's most devastating fire support systems, the indigenous Guided Pinaka Weapon System, has successfully completed its flight tests, the Defence Research and Development Organisation (DRDO) announced on Thursday.

SBI seeks record $1.25 bn in 5-yr loan

State Bank of India (SBI) plans to borrow up to $1.25 billion, in what would be the largest dollar-denominated loan from the country's financial sector this year, according to people familiar with the matter.

Stronger oil trade tops PM's agenda

Nigeria among India's top crude suppliers; OVL eyes offshore Guyanese blocks

EU corners India, developing World over carbon tax at COP29

The tax, or CBAM, is to be imposed by EU in 2026 on products whose manufacturing processes do not follow certain emission standards

Life insurers turn to policies with high value

Life insurers shifted their focus to selling high-value policies in October as the transition to new surrender value norms, effective October 1, limited their ability to roll out all products in their portfolio.

China slowdown leads to trade decline with India

India's bilateral trade with China stood at $10.7 billion during October, witnessing a 0.46 per cent contraction amid a slowdown in the neighboring country, commerce department data showed.

Indian economy in a sweet spot: Moody's

The Indian economy is in a sweet spot, with a mix of solid growth and moderating inflation, Moody's Ratings said in its latest global macro outlook published on Friday.

JioStar won't limit itself to premium subscription model, says Uday Shankar

Vice-chairperson of the combined entity of Reliance Industries (RIL) and The Walt Disney Company, Uday Shankar said JioStar (the combined entity) is very focused on \"taking its streaming products to the lowest echelons of the Indian society.\"

HZL emerges preferred bidder for Raj gold block

Hindustan Zinc (HZL) on Friday said it has secured a composite licence for a gold mining block in Rajasthan through the state government auctions.