CATEGORIES

China pumps cash into bank system to support stimulus

China stepped up its support for the economy by pumping the most cash since late 2016 into the financial system with one-year policy loans.

Israeli forces in Gaza hospital at siege's end

The days-long hospital siege caused global alarm over the fate of civilians

IMAX sets sights on record-breaking revenue in India

IMAX, the large-format immersive cinematic experience, has exceeded its 2022 success in India, already boasting revenues surpassing $20 million (around ₹166 crore) this year.

Rise and fall of Subrata Roy

Roy rose from a modest roadside salted snacks seller in UP to a billionaire media-to-realty business magnate

Int'l airlines see scope in India as aviation hub

India can be a hub connecting Africa and Middle East for foreign airlines

World Cup 2023 is best ever in terms of quality and viewership: ICC

The ongoing Cricket World Cup 2023 has delivered on all the key International metrics for the Cricket Council (ICC), be it fan engagement or revenue from sponsorships, said a top official of world cricket's governing body.

Bajaj Fin asked to halt lending via 2 products

RBI will review supervisory restrictions after Bajaj rectifies deficiencies

Pidilite: New moves, old triggers

Adhesives maker Pidilite Industries Ltd has caught investors by surprise with its decision to enter the non-banking financial companies (NBFC) sector.

Underground coal mining policy to be unveiled soon

The Centre is considering measures to boost underground coal mining and will soon come up with a policy framework, said coal secretary Amrit Lal Meena.

Will exceed FY24 tax collection target: CBDT chairman Gupta

The government will exceed its direct tax collection target of ₹18.23 trillion this financial year, going by the healthy revenue growth so far, Central Board of Direct Taxes (CBDT) chairman Nitin Gupta said.

The US economy's elusive soft landing is coming into view

The U.S. economy is approaching what most economists had thought either unlikely or impossible: inflation returning to its prepandemic norm without a recession or even much economic weakness, a so-called soft landing. “What we are expecting now is a soft landing,\" said Nancy Vanden Houten, lead U.S. economist at Oxford Economics. “We expect the economy to weaken quite a bit but it does look like we’ll avoid an outright contraction\" in gross domestic product.

Recruitment sector plods through a gloomy quarter

Hiring activity cooled in tech and retail sectors in the December quarter as companies cut hiring mandates and reduced sub-contracting costs, while banking recruitment stayed flat and manufacturing saw a minor uptick.

Govt ready with plan to keep a lid on food prices over next year

The Centre is prepared with a plan to ensure food security over the coming year, in the wake of an erratic monsoon that disrupted the crop calendar and boosted food prices this year. According to Union consumer affairs secretary Rohit Kumar Singh, this will include sourcing pulses from a variety of countries, intervening quickly and directly in retail markets, and possible export-import related steps, depending on the situation.

Microsoft unveils own chips to cut reliance on rivals

Microsoft on Wednesday unveiled two custom-designed chips and systems at its Ignite 2023 event in Seattle. The move will help the Redmond company reduce its dependence on artificial intelligence (AI) chips from companies like Nvidia, leverage the investment it has made in OpenAI, and stave off competition from chipmakers like Intel and AMD.

Trade deficit balloons to record high in October

India's merchandise trade deficit widened to a record level in October owing to a near doubling of gold imports during the festive season, official data released on Wednesday showed. According to experts, higher goods trade deficit could in turn lead to a higher current account deficit and put pressure on the rupee.

Care issued Esops to Saluja after Irdai rejection: InGovern

Care Health Insurance Pvt. Ltd issued employee stock options (Esops) to Rashmi Saluja, executive chairperson of its parent Religare Enterprises Ltd (REL), despite the insurance regulator specifically rejecting the proposal, proxy advisor InGovern Research Services said. After the rejection, the Care board claimed that insurance regulator’s approval was not really required for granting the options.

Global cues lift mkts 1.2%

Indian equities rallied on Wednesday tracking gains in global stocks, as lower-than-expected US inflation raised optimism about the end of the rate hike cycle. Derivative short covering by foreign portfolio investors (FPIs) also helped.

India count in MSCI EM index now at 131

Country’s weight rises to 16.3%; index rejig may attract 1.5 bn

Delhi's Toxic Air: Treat It Like A Top Climate Threat

Given the complexity of the capital's crisis, odd-even road rationing is pointless. It needs a big-picture solution and we could plausibly consider it a test case for climate mitigation

From Climate Pledges To Action: Let Unbiased Data Show The Way

Technical assistance from independent NGOs can lay the groundwork for the policy successes needed to fight climate change

How Crypto Funded The Hamas War

Pivot to digital currencies helped Hamas receive large sums from Iran in the two years preceding the Israel attacks

How To Combat Climate Change With Empty Offices

In a world that’s already stretched with food shortages, office spaces that are empty courtesy WFH may hold a solution to growing quality food

How To Use Employer Health Policy For Childbirth Expenses

Group health insurance policies offered by employers come with a sub-limit for maternity delivery claims. Further, there will be separate sub-limits for normal and caesarean (C-section) deliveries. So, the amount you would be eligible as an employee for childbirth expenses would depend on the type of delivery and the sub-limit offered by the policy.

Tanishq Sparkles As Buyers Snap Up Premium Products

High-end pieces now bring 13% of Tanishg sales; company looks to add more Zoya outlets

Tax rules that you need to embrace along with those wedding presents

It is necessary to keep a record of all gifts to ensure proper trail, declare high-value gifts while filing tax returns

ED seeks foreign transaction details from Qatar Airways

The Enforcement Directorate (ED) has asked Qatar Airways for documents related to its foreign transactions being investigated by the agency, people familiar with the matter said ED has sought information from the airline under the provisions of Foreign Exchange Management Act, they added.

Sunak brings Cameron back in fresh reshuffle

The firing of interior minister Suella Braverman triggered the latest rejig

Boeing goes big at Dubai Airshow, while airbus waits

Boeing Co. opened the Dubai Airshow with a flurry of orders led by a whopping $52 billion wide-body commitment from Emirates Airline, while teasing the possibility of more as China moves closer to a major deal for the 737 Max.

Airlines are seeking tie-ups with Air India: CMD Wilson

The way India’s 37 million strong diaspora is served is going to change, says Wilson

US sees 35% jump in students from India

International students attended US universities in surging numbers last year, rebounding from a pandemic slump with the help of a 35% jump in students coming from India, according to a study released on Monday.