CATEGORIES

GM only way to lower edible oil imports: NITI's Chand

As India once again looks to raise import duties on edible oils to protect domestic farmers, NITI Aayog Member Ramesh Chand, an eminent agriculture economist, said here on Friday that India can only meet its rising demand for edible oils either by lowering consumption or through adoption of new technologies, such as genetically modified (GM) crops.

Buch bids adieu 'virtually'

Madhabi Puri Buch, 60, bid virtual adieu to Securities and Exchange Board of India's (Sebi's) corner office on Friday due to Covid, marking an end to her eventful three-year-old stint as chairperson of the markets regulator.

Ministry to Start Integration of Health Portals

The National Health Mission (NHM) is looking to start work on integrating health portals to reduce their number and make data analysis more timely, a senior official said.

Flipkart shuts ANS Commerce, fires workforce

E-commerce major Flipkart has shut down its arm ANS Commerce and laid off its entire workforce, according to a source.

Winter Crops at Risk as IMD Warns of Warmer March

Above-normal temperatures could trim wheat production

RBI's $10 bn swap auction receives 1.5 times bids

2nd auction after central bank infused $5 bn via 6 mth-swap in January

Localised supply chain key to long-term success in RE

Supply chain localisation and sustained government support for key segments of domestic manufacturing would be needed for long-term success of renewable energy (RE) in India, sector leaders said at Business Standard Manthan on Friday.

EU Keen on Greater Market Access to Agriculture Sector

Finalising a trade deal with the US and EU will result in India having FTAs with two of its largest trading partners—indicating the growing importance of bilateralism in trade.

Midcaps follow smallcaps into bear territory as selloff intensifies

Concerns over expensive valuation, slowing earnings growth take wind out of broader mkt's sails

Byju Accuses IRP, EY India, Glas Trust of Criminal Collusion

Alleges, in a LinkedIn post, they plotted firm's downfall

Irdai allows insurers to hedge volatility via equity derivatives

The Insurance Regulatory and Development Authority of India (Irdai) on Friday allowed insurers to invest in the derivatives market to hedge the volatility in equity markets while preserving the market value of equity investments and reducing risks in the portfolio.

India Has Advantage as World Looks for China Alternatives

Samir Arora, founder and chief investment officer of Helios Capital, highlighted that capital gains tax had soured investor sentiment.

U'khand avalanche buries BRO camp; 32 workers rescued, 25 still trapped

Thirty-two of the 57 Border Roads Organisation (BRO) workers trapped under an avalanche near the high altitude border village of Mana in Uttarakhand's Chamoli district were rescued on Friday, sources said.

ServiceNow Sees India as Its Biggest Market in Asia-Pacific

ServiceNow, which provides artificial intelligence (AI)-powered software solutions to enterprises, said India is one of its fastest-growing markets outside the U.S.

Volume recovery may drive upgrades for Coal India

The introduction of \"Singrauli Punarasthapan Charge\" of ₹300 per tonne across all mines by Coal India's (CIL) subsidiary Northern Coalfields (NCL) from May 1 is expected to drive an estimated additional revenue of ₹3,880 crore.

India natural choice for manufacturing: Vachani

The component and electronics industry is experiencing its own 'Y2K' moment, as countries continue to look for an alternative location for setting up their manufacturing units, said Sunil Vachani, cofounder and executive chairman, Dixon Technologies.

India, EU to Push for Trade Deal by '25-End

Pacts on investment protection, GI to come with the agreement

Trade group asks govt to partly shift gold, silver imports to US

The Gem and Jewellery Export Promotion Council (GJEPC) has asked the commerce ministry that India partly shift its gold bar imports from Switzerland to the United States (US) to balance the trade deficit it has with the latter in this category.

Nifty IT slips 4% on growth concerns

Shares of information technology (IT) companies came under pressure, with the Nifty IT index falling 4.2 per cent on the National Stock Exchange (NSE) on Friday, amid concerns over sluggish global economic growth.

Defence buying timelines to be 'significantly' cut by early June

Faster Acquisitions

Integration of AI in IT sector will create more jobs: Labour secy

Labour Secretary Sumita Dawra on Friday said there are traditional sectors like services, trade, finance, construction, etc., which are drivers of job growth in India while the startup ecosystem and global capability centres (GCCs) have emerged as new engines of growth.

Minimum Trump, maximum Modi

Trump is the insurgent, who sees the career civil servants as evil. For Modi, the career civil servant represents both continuity and change

India, EU Commit to Deepening Partnership, IMEC Goals

Closer Ties on Green Hydrogen, AI, and 6G Planned

India a beacon of confidence for global trade: Maersk exec

India is not just a key market but a beacon and an opportunity for confidence in global trade, shipping giant Maersk said on Friday amid its plans to invest around $5 billion in ports, terminals, and land-side infrastructure development.

Skype's final call set for May as Microsoft prioritises Teams

Skype will ring for the last time on May 5 as owner Microsoft retires the two-decade-old internet calling service that redefined how people connect across borders.

Govt consumption expenditure rebounds to 8.3% in Dec quarter

Alongside the FY25 growth projection, Mospi revised growth estimates for FY23 to 7.6 per cent from 7 per cent and for FY24 to 9.2 per cent from 8.2 per cent.

India's oil supplies from Russia and US drop, West Asia rise

Rebalancing Act

As with US, so with India

Relations between the United States and India have been a subject of fevered domestic politics in the past.

Fiscal deficit hits 74.5% of full-yr target by Jan-end

The Centre's fiscal deficit reached 74.5 per cent of the annual target by the end of January 2025, according to data released by the Controller General of Accounts (CGA) on Friday.

India needs 7.8% growth for 22 yrs to be high-income by '47: World Bank

Report highlights the need to cut import tariffs, simplify procedure to attract foreign investment