CATEGORIES

Gig Workers in Tamil Nadu to Get Subsidy of ₹20K Each

The Tamil Nadu government on Friday announced a ₹20,000 subsidy for buying new e-scooters to 2,000 internet-based service workers who are registered with the Gig Workers Welfare Board.

Super-core inflation spikes

At a time when consumer price inflation eased to a seven-month low of 3.6% in February on a high base and cooling vegetable prices, \"super-core\" inflation rose to a 16-month high of 4.5%, reflecting elevated prices of services, reports Saikat Neogi.

Special FD deadline nears, go for laddering

AS THE MARCH 31 deadline for investing in special fixed deposits (FDs) of some banks nears, laddering deposits is a smart way of staggering out investment with liquidity at regular intervals.

Govt mulls merger of DPE, DIPAM to boost efficiency

On The Cards

Close to ₹1-lakh-crore investments aided by agri-infrastructure fund

TO STRENGTHEN POST-HARVEST infrastructure and farm assets through credit guarantees and interest subvention support, the government has approved loan proposals worth ₹60,000 crore under the agriculture infrastructure fund (AIF) for over 100,000 projects since its launch four years ago.

For riding to office, market, mountains

But fuel efficiency is just about 25 km/l

DMK Presents TN Budget, AIADMK Asks Govt to Resign

TAMIL NADU CHIEF minister MK Stalin-led DMK regime on Friday presented its Budget 2025-26 in the Assembly, a full-fledged exercise ahead of the state election next year, and made big allocations for its flagship welfare schemes, including the fare-free bus travel scheme for women and announced one per cent reduction in registration fee for immovable assets registered in their name.

German parties agree deal to loosen debt limit

GERMAN LAWMAKERS REACHED an agreement on Friday to exempt some defense spending from the nation's tight rules on running up debt as European leaders are scrambling to shore up the continent's defenses themselves in the face of a Trump administration that is threatening to back out.

UK economy unexpectedly shrinks in January

THE FEDERAL RESERVE will keep interest rates steady through the first half of the year, before delivering two reductions beginning in September, according to economists surveyed by Bloomberg.

Maruti Suzuki readies electric debut amid slowdown worries

Charged Up

The Trust factor

Family trusts can be useful to protect ownership of promoters, but they need to be carefully structured

Supply of steel fasteners may be hit by quality norms

THE INDUSTRY MAY face a shortage of fasteners as no manufacturer—domestic or foreign—has been approved under the Bureau of Indian Standards (BIS) certification process, which becomes mandatory for imports after March 20.

Puravankara sees a fifth of its revenues from western India

BENGALURU-BASED DEVELOPER Puravankara is expecting about a fifth of revenues coming from the western part of the country including Mumbai and Pune in FY25.

LLMs boost work volumes, cutting costs: Coforge

THE ADOPTION OF Large Language Models (LLMs) has significantly increased the volume of work that can be accomplished, leading to a substantial reduction in cost per transaction or unit of work.

US aligns with G7, urges Russia to accept Ukraine truce

$3,000 AN OUNCE for the first time ever, driven higher by a central bank buying spree, economic fragility worldwide, and President Donald Trump's attempts to rewrite the rules of global trade by imposing tariffs on allies and strategic rivals.

The big picture

Can movie theatres afford to limit their ad screening time?

Centre aims for 2.2 GW nuclear capacity in FY26

THE GOVERNMENT AIMS to add 6.5 gigawatts (GW) of thermal capacity in FY26, along with 2.2 GW of nuclear capacity and 3.9 GW of hydro capacity, according to the latest report by the Lok Sabha's Standing Committee.

FPI outflows second-worst since 2008 financial crisis

FOREIGN PORTFOLIO INVESTORS (FPIs) have offloaded Indian equities worth $27 billion since September, marking the second-worst FPI sell-off since the 2008 global financial crisis, according to Bloomberg Intelligence data.

Battle of the bourses heats up after Sebi crackdown on F&O

BUT THEN... SINCE February 20, however, its shares have fallen 30%.

Vi likely to retain market share going ahead

Survival Battle

Gift from NRI father not liable to tax

I am a NRI based in Canada and have an NRO account in India. If I give ₹75 lakh to my major daughter in India and if she deposits it in a bank fixed deposit for 10 years, will either of us be liable to pay income tax in India?

The Edge that Hero always needed

HERO MOTOCORP is the largest two-wheeler company in India, having sold more than 5 million vehicles in this financial year (5,100,602 units).

CMS Info expands tech solutions to retail, q-comm

MANAGED ATM SERVICES provider CMS Info Systems, is expanding the scope of its machine learning tech solutions beyond ATM management to sectors like multi-brand retail, and quick commerce, as it attempts to position itself as a business solutions company, a senior executive told FE.

Ex-banker Carney takes oath as 24th PM of Canada

EX-CENTRAL BANKER MARK Carney was formally sworn in as prime minister of Canada on Friday, putting him in a position to fight tariffs from US President Donald Trump that could devastate the trade-dependent Canadian economy.

91Springboard to expand office space portfolio by 500,000 sq ft

91Springboard plans to expand its office space portfolio by adding around 500,000 sq ft in FY26 across key existing markets.

ED Restores Mallya's Properties

THE ENFORCEMENT DIRECTORATE has restored properties to the tune of ₹14,132 crore to the public sector banks (PSBs) in the Vijay Mallya case, data released by the finance ministry's annual report of 2024-25 showed.

JAL lenders transfer debt to NARCL

Jaiprakash Associates, which is undergoing an insolvency process, on Wednesday said a consortium of lenders has transferred its outstanding loans to National Asset Reconstruction Company (NARCL).

GDP Growth to Cross 6.5% in FY26, Says Moody's

MOODY'S RATINGS ON Wednesday said India's economic growth will exceed 6.5% in the next fiscal, up from 6.3% this year, on higher government capex and consumption boost from tax cuts and interest rate reduction.

Vance Likely to Visit India This Month: Report

US VICE-PRESIDENT JD Vance will visit India later this month as both countries keep up their engagements at the highest level while working on a trade deal and strengthening the strategic partnership.

Star Turn in Telecom

With competitors joining hands, the ball shifts to Trai's court for a framework that supports synergies