CATEGORIES

Non-life insurers' claim ratio falls

Net incurred claims to net earned premium (claims ratio) of non-life insurance industry stood at 82.52% during 2023-24 as against 82.95% in the preceding fiscal, as per the Insurance Regulatory and Development Authority of India's (Irdai) annual report.

Residential sector is big polluter: study

Residential emissions were found to be a leading contributor to the local PM2.5 pollution. REUTERS

First ONOE panel meeting on 8 Jan

The first meeting of the 39-member parliamentary panel on ‘one nation, one election’ (ONOE) is set to be held on 8 January, setting the tone for nationwide deliberations on the key poll reform measure of the Prime Minister Narendra Modi-led NDA government.

DAM Capital IPO subscribed 82 times

The initial public offer of investment bank DAM Capital Advisors Ltd was subscribed 81.88 times on the closing day of bidding on Monday.

Lohia Auto launches EV brand 'Youdha'

Lohia Auto on Monday announced the launch of EV (electric vehicle) brand 'Youdha' as part of its ₹20-crore expansion plans and said it looks to manufacture and sell 300,000 electric vehicles (EV) under the brand by 2027.

Veteran filmmaker Shyam Benegal passes away at 90

Veteran filmmaker Shyam Benegal, who heralded the Indian parallel cinema movement in the 1970s and 1980s with films such as Ankur, Nishant and Manthan, died on Monday, his daughter Pia said.

Jio loses 3.8 million wireless subs in Oct

India's largest telecom operator Reliance Jio lost 3.76 million wireless subscribers in October but spruced up its active mobile subscriber base by adding 3.84 million users, as per monthly data released by the Telecom Regulatory Authority of India on Monday.

Sriram Krishnan: US' new AI advisor

US President-elect Donald Trump on Sunday named Indian American entrepreneur, venture capitalist and author Sriram Krishnan as senior white house policy advisor on artificial intelligence (AI).

ICAI probing Byju's alleged audit errors

Chartered accountants' apex body ICAI (Institute of Chartered Accountants of India) president Ranjeet Kumar Agarwal on Monday said its disciplinary committee is investigating alleged auditing lapses at edtech firm Byju's.

B'desh minister says country wants ex-PM Hasina extradited

Bangladesh-India ties took a hit after interim government led by Yunus assumed power

Xi digs in with top-down economic plan even as China drowns in debt

Xi Jinping is bracing for a showdown, sticking with economic policies aimed at making China the world's most powerful country

Trump threatens to take control of Panama Canal, Greenland

China has replaced the United States as the dominant trading partner in Latin America

India crosses key clean power milestone, but has miles to go

In the 12 months to October, India installed 24.2GW renewable energy capacity, crossing the 200GW milestone

INDIA'S CLIMATE AGENDA AND A NEW GREEN ECONOMY

Transition to a green economy could serve as a model for other developing nations

Climate change is now a real and pressing economic threat

Climate change is no longer just affecting lives. It's hurting the economy more than ever before, whether through extreme heat or rain bringing down farm output and driving up prices, or making countries adopt cross-border tariffs to factor in the costs of carbon reduction. And it's only going to get worse.

Govt spending may power recovery from growth lull

Boost from the festival season and resilient rural consumption are also likely to support growth in H2

RETHINKING THE PURPOSE OF ECONOMIC POLICY

The purpose of economic growth must be to improve the ease of earning and living for all

India's external trade braces for an action-packed '25

A silver lining is the border disengagement with China, followed by a bilateral meeting Modi and Xi

Poor concert infrastructure triggers a discordant note

India's booming concert scene faces a reality check as logistics fail to keep up with demand

Short-form apps' innovative, local content enthrals users

Regional creators, nano-influencers are redefining digital content by crafting authentic and localized stories

Google offers looser search deals as a remedy in US case

The offer comes even as the US government pushes to make Google sell its Chrome browser

Oyo acquires G6 Hospitality

The transaction is expected to add about 1,500 franchised hotels across the US and Canada to Oyo's portfolio

GEF Capital bets $20 mn on EPACK Prefab

GEF Capital Partners, which last week led a funding round in the global products and solutions unit of Vedanta-owned Sterlite Power Transmission, has made a fresh bet in the modular construction segment.

Adani to buy Air Works for ₹400 cr

Ahmedabad-headquartered Adani Group's defence arm Adani Defence and Aerospace on Monday entered into an agreement to acquire an 85.8% stake in Air Works, India's largest privately-held aircraft maintenance, repair, and overhaul (MRO) company.

High-speed data plans to target concertgoers

Users seek reliable data connectivity when they attend high-profile events

Mahindra arm narrows focus to 3 cities

Mahindra Lifespace Developers Ltd, the realty arm of the Mahindra Group, will pause fresh investments in the Delhi-National Capital Region (NCR) region, and narrow operations to markets where it can create a niche as a 'net zero' developer.

Polycab India is wired for growth and the stock reflects it

Charged up

Siemens stares at bumpy FY25

Not even Siemens's order inflow has been volatile lately due to chunky orders in some years.

In rare crackdown, Sebi halts trading in Bharat Global

BGDL's share price surged 105x over the past year, rising from ₹16.14 in Nov 2023 to ₹1,702.95 in Nov 2024

Banks push for new rate benchmark

A group of Indian lenders has asked the central bank to approve a new benchmark for overnight indexed swaps, according to people familiar with the matter.