CATEGORIES

Govt plans jail terms, fines for illegal loans

The government is seeking to clamp down on unregulated lending with a proposed law that would impose prison terms of up to seven years and fines for unauthorized loans, including those through digital platforms.

In the works: Repairability Index for consumer durables

India cannot be a dumping ground for inferior-quality products, says minister Pralhad Joshi

Building worker homes near factories will boost competitiveness

Niti Aayog, the Union government's policy think tank, has called for building workers' homes closer to factories by amending existing industrial zoning laws, in order to boost labour productivity and enhance the competitiveness of the country's manufacturing sector.

Discrepancy in Nov trade data suspected

India's gold imports in November reached a record high of $14.86 billion, registering a fourfold jump

Standardize power purchase pacts

The Estimates Committee has called for setting definite approval timelines to expedite the signing of PPAs

MR POONAWALLA GOES TO BOLLYWOOD

Thirsty for growth, Bollywood's studios have been wooing non-film suitors, like the vaccine tycoon, for funding

TVS Credit eyes bid for Avendus Capital

Mizuho, Nomura, Carlyle in race; deal may be finalized in Jan

Relief for instant commerce as CCI not keen to step in

The Competition Commission of India (CCI) is unlikely to open an investigation of its own accord into allegations of anti-competitive practices by quick commerce services including Zepto, Instamart and Blinkit, according to two persons privy to the development.

Cricket stories that read like tales told in a pub

Glenn Maxwell's book, 'The Showman', with Adam Collins, is chaotic, flashy and straightforward but not necessarily engaging

Include pantos on your holiday to-do list

If holiday travels take you to Britain, indulge in vibrance of the pantomime

A new play weaves a story of love, longing and deceit

A new play by Amitesh Grover speaks of grief through the story of a woman who can make clay figurines come alive

Can the Xi-Trump 'bromance' be revived? Else, ties may fray

Cordiality between the two leaders would favour both countries

An image makeover for palm oil would be good for us

The ecological impact of this affordable oil is lower and health benefits greater than often portrayed

Refrain from judicial overreach: It'll strengthen India's judiciary

The suo motu powers of courts are essential to secure justice and the public interest but their overuse can have adverse results

Services led exports are a mixed blessing for us

Even as we celebrate India's emergence as a services-led economy, with our service exports strong and their prospects bright amid rising trade flux, we must look beyond the numbers

South Korea's political drama was worthy of applause

Its lawmakers were bravely joined by others to reject martial law and uphold democratic institutions

Market losses and mistakes are two completely different things

A loss needn't be a mistake. What matters is whether the process of taking the decision was right

THE ROAD TO BETTER WEALTH MANAGEMENT STARTS WITH A CONSOLIDATED VIEW

Today's speed of digital spending and investing could lead to unthoughtful, costly mistakes

How to build a ₹5-cr nest egg with ₹1.5 lakh monthly salary

My cousin (35) earns ₹1.5 lakh per month and paid off a home loan. He invests ₹45,000 in mutual fund SIPs (Nippon Indian small cap, Mirae bluechip and PPFAS flexi-cap) a month; and ₹50,000 in National Pension System every year. How much more should he invest to build a ₹5-crore retirement corpus?

File wage details by January-end for higher pension

Retirement fund body, the Employees' Provident Fund Organisation (EPFO) has extended time till 31 January for employers to upload wages and other details regarding the 310,000 pending applications for pension on higher wages.

Swiss tax shakeup: Effect on Indian investors, workers

Investors face tax hike on dividend starting January, following Switzerland's MFN suspension

DMart tops Hurun list as most-valued self-made Indian firm

Adhakishan Damani-promoted Supermarket chain DMart has emerged the most-valuable Indian company founded by a self-made entrepreneur post-2000 with a valuation of ₹3.42 trillion, as per data released by Hurun on Wednesday.

Real estate attracts record investments

Institutional investment in Indian real estate rose 51% to a record $8.87 billion during 2024 as investors look to encash strong demand for housing, office and warehousing properties, according to JLL.

ITC consolidates its Oberoi, Leela stakes

TC Ltd, which is demerging its hotels business from January 2025, on Wednesday said it has acquired shareholding of rival hospitality chains Oberoi and Leela from its wholly owned arm, Russell Credit Ltd.

BofA's CEO says he's just getting started

At 65, Bank of America Corp.'s Brian Moynihan took the stage at a town hall meeting and sent a jolt through the crowd, saying he wants to still be CEO when the stock eclipses $100.

Yotta eyes $500 mn pvt credit to expand

Indian start-up Yotta Data Services Pvt. Ltd. is seeking to raise about $500 million to invest in its data center parks, according to people familiar with the matter.

Vishal Mega Mart up 43.50% on day 1

Shares of Vishal Mega Mart Ltd surged 43.50% in debut trade on Wednesday against the issue price of ₹78.

Indian firms face fraud surge: PwC

Many Indian organizations faced financial or economic fraud in the past 24 months where procurement fraud emerged as the top threat, a PwC survey said.

Bangladesh's new dawn is darkened by settling of old scores

When Bangladesh Prime Minister Sheikh Hasina was toppled in August in a student-led uprising, it was supposed to be a new dawn for the young country. Instead, the raw wounds left by her repressive rule have prompted many to pursue revenge by weaponizing the law—just as she did.

Reliance Nippon, IndusInd start talks

Reliance Nippon Life Insurance, a subsidiary of debt-ridden Reliance Capital (RCAP), has initiated talks with IndusInd Bank for bancassurance partnership as the IIHL and RCAP deal has reached the final lap.