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High prices crimping demand, growth, MPC minutes show
High prices are the cause for demand slowdown in India, and aligning inflation to the central bank's 4% target is key to ensuring sustained economic growth, members of the rate-setting panel said in the minutes of the December meeting.
UltraTech gets nod for 33% in India Cements
The Competition Commission of India (CCI) on Friday cleared billionaire Kumar Mangalam Birla-promoted UltraTech Cement's proposal to acquire a majority stake in India Cements.
Adani prompts cement discounts, says report
As rivals protect turf with offers, group firms Ambuja, ACC cut discounts
Tata Steel's Dutch plant gets warning
Tata Steel Netherlands will face fines of almost €27 million if it doesn't take measures within eight weeks
Banks win SC relief on 30% credit interest cap
The Supreme Court on Friday overturned the National Consumer Disputes Redressal Commission (NCDRC)'s 2008 decision to cap interest rates on late credit card bill payments at 30% per annum, bringing relief to lenders that had appealed the consumer forum's ruling.
Markets reel from highest weekly fall in 30 months
Even buying by rebalancing of Sensex and FTSE indices was absorbed by the markets due to the FPI selling.
Claims of Reliance Infratel's indirect creditors upheld
The apex court upheld ₹10,952 crore claims by four indirect creditors of Anil Ambani-led RCom's tower biz
Leave a movie midway, and get some money back
PVR Inox's move is part of efforts to widen audience base and improve movie-going frequency
Bombay HC upholds Adani's bid to develop Dharavi slum
The project gained momentum in 2016 under the Bharatiya Janata Party-Shiv Sena led govt
Pushpa 2 most-watched film of 2024, Coldplay hot
Nostalgia also took centre stage with re-releases like Kal Ho Naa Ho, Rockstar and Laila Majnu still drawing viewers
Bitcoin went mainstream in 2024. Are Ether, Solana and Other risky tokens next?
ETFs holding ether, the second-largest cryptocurrency, are already on the market, drawing investors' interest
Foxconn halts Nissan pursuit
On Hai Precision Industry Co., the Taiwan-based manufacturer of iPhones known as Foxconn, is putting its interest in pursuing Nissan Motor Co. on hold while the Japanese automaker is in negotiations for a potential merger with Honda Motor Co., according to a person familiar with the matter.
Broking firms look inward as Sebi pins down finfluencers
Facing increased regulatory scrutiny, Indian broking firms are shifting from using external financial influencers to building in-house content teams. This change is driven by Sebi's crackdown on misinformation and the cost-effectiveness and improved ROI of internal teams.
Harsh Jain LIVING THE DREAM
The co-founder and CEO of Dream Sports talks about the correlation between academic mediocrity and success, setting the culture at the organisation, and the boom in fantasy sports in India
TKIL in talks with oil, steel cos for green hydrogen plants
TKIL aims for 100 MW electrolyser capacity by 2025 and has allocated ₹1,500-2,000 crore
From Swindon to the by-lanes of Bandra
In a stage adaptation of Mark Haddon's book, Atul Kumar re-imagines the characters in Colaba
The last yak herders of the Mustang Valley
As the fabled Mustang Valley in Nepal gets integrated into modernity, the ancient economy of transhumance is fading
Rappers, strippers and chickens: Our IFFK 2024 picks
From Palme d'Or winner 'Anora' to Hong Sang-soo's new lo-fi charmer, here are some favourites from the festival
Warm winter menus that make the heart sing
Taste the freshest flavours of December in dishes like 'bhaang' chicken, 'shaak' risotto and hay ice cream with a cherry blanket
The perfect sweet-tart balance of blueberries
I am yet to meet a kid who doesn't love blueberries. There's also the Bangalore Blue variety of grapes, which is available from March to May in Bengaluru and has a deep purplish-blue hue.
When the British chose pragmatism as strategy
In the 17th century Visvagunadarsana by Venkatadhvari, two celestial beings go on a tour of India. Flying from the Himalayas to Kanyakumari, they review the land's many towns and holy sites, with one gandharva noticing only bad, the other more good.
Pair tea with cheese and chocolate
Last month I reached out to Dona Aideau who hosts tea and chocolate pairings, not something one hears about often.
Joe Sacco's art journalism
Joe Sacco has been called the heir to Art Spiegelman (Maus) and his award shelf creaks under the weight of trophies (Eisner Award for Best Original Graphic Novel, Ridenhour Book Prize, American Book Award, etc.). But the scale of achievements casts no shadow on the man himself. When hordes of fans turned up at his brief appearances in two Delhi bookstores last month, the response surprised the 64-year-old Maltese-American graphic novelist.
The natural world is falling silent
The sun was rising when a bird at the very top of a bush raised its head and started warbling. It was haloed by the pink-orange sun, and so I couldn't immediately see it. I could hear it though—and it picked at my memories neatly—a tuning fork whose crescendo kept rising in meaning.
The history of a heritage sweater that's always hot
Fair Isle designs have, through centuries, followed geometric patterns, along with symbols related to the island life
Lots of Christmas cheer and art
A Mint guide to what's happening in and around your city
The US Fed seems as clueless as markets about its 2025 path
Powell didn't dwell on Trump uncertainty. That's understandable
We should expect 12 AI trends to stand out in 2025 and beyond
The first four predictions are about enhanced human-AI interaction and how our lives will change
Let footpaths lead us to faster economic growth
If good roads are signposts of prosperity, so are urban walkways. But India's pedestrian infrastructure suffers neglect that an economy in need of inclusive growth cannot afford
The ombudsman dilemma: Free relief or stacked deck?
With rejected claims and rising dispute barriers, can policyholders match the insurers' clout?