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GRAINY PICTURE

Several questions arise from the recent trend of wheat prices

India in watch mode for DeepSeek ripple effect

Some in the industry are referring to DeepSeek's artificial intelligence (AI) initiative as the \"Sputnik Moment\" while US President Donald Trump has called it a \"wake-up call\" for the American tech giants.

The Transformative Power of Disruption

Ganesh's book is a well-crafted manual, designed to provide both theoretical insights and practical advice on navigating the ever-changing business environment.

HZL net surges 32% amid higher prices

Zinc and silver producer Hindustan Zinc (HZL) – a part of Vedanta group – on Tuesday reported a 32 per cent year-on-year (Y-o-Y) jump in its consolidated net profit for the third quarter of the financial year 2025 (Q3FY25) on the back of lower costs and higher metal prices.

VW India Faced Customs Clearance Delays Over Alleged Tax Evasion

Some air shipments of car components by Volkswagen (VW) India were briefly held up by Custom authorities in Mumbai due to a $1.4 billion tax demand, leading to delays in spare part supplies at dealerships, people familiar with the matter told Reuters.

Face behind the AI startup

Three years ago, Liang Wenfeng's quantitative hedge fund firm apologized profusely to investors for losing money during a tumultuous period for China's stock market.

Hyundai India profit slips 19%

India's second-largest carmaker, Hyundai Motor India (HMIL), posted a 19 per cent decline in consolidated net profit for the October-December quarter (Q3) of 2024-25 (FY25), at ₹1,161 crore, compared to ₹1,425 crore during the same period in 2023-24 (FY24).

RBI Must Come Out With Road Map for NBFCs to Become Banks

Shriram Finance, one of the largest retail non-banking financial companies in the country, has seen its net profit go up by 73 per cent in the October-December quarter, owing to a one-time gain from the sale of Shriram Housing Finance. The company's Executive Vice-Chairman, UMESH REVANKAR, talks to Shine Jacob about the road map after the deal, growth in the financial year 2025-2026 (FY26), and the third-quarter results in a telephonic interview. Edited excerpts:

RBI's liquidity move boosts rate cut expectations

The Reserve Bank of India's steps to address liquidity conditions support the expectation of a rate cut and decreasing deposit rates, said K SATYANARAYANA RAJU, managing director and chief executive officer, Canara Bank, in a telephonic interview with Abhijit Lele. Edited excerpts:

Infosys cofounder, 17 others booked under SC/ST Atrocities Act

One of the cofounders of information technology (IT) services major Infosys, Kris Gopalakrishnan, and a former director of the Indian Institute of Science (IISc) Bengaluru, Padmanabhan Balaram, have been named besides 16 others in a complaint filed under the Prevention of SC/ST Atrocities Act, according to a report by PTI.

Robust exports drive Bajaj Auto PAT up 8%

Outbound shipments hit 500K units after 9 qtrs; Chetak margins improve

India valuation not stretched on equity risk premium metric

India's valuations are not \"materially expensive\" compared to peers but the returns over the next five years could be in low double digits, BlackRock Investment Institute believes.

RBI move set to benefit BFSI stocks: Brokerages

Nifty Bank and Nifty Financial Services gained 1.6 per cent and 1.9 per cent respectively on Tuesday after the Reserve Bank of India (RBI) announced a three-pronged strategy to address tight liquidity conditions in the banking system.

The architect of India's financial markets

Of the many reforms that Dr Singh led as FM and PM, the transformation of India's securities markets stands out

Businesses eye profitable pilgrimage at Maha Kumbh

Banks, insurers, FMCG majors set up booths; hotel rates, airfares hit the roof

Altman 'impressed' by new competitor

Need to be laser-focused on competing to win, says Trump

DeepSeek Shakes Up Silicon Valley

The 22-page paper released last week by DeepSeek didn't immediately set off alarm bells. It took a few days for researchers to digest the paper's claims

Trump orders pause on all federal grants and loans

Donald Trump's White House ordered a pause in all federal grants and loans starting on Tuesday, a sweeping decision that could disrupt education and health care programs, housing assistance, disaster relief and a host of other initiatives that depend on billions of federal dollars.

Industry for simpler tax regime, says Ficci

A pre-Budget industry survey by Ficci has found that a majority of industry members expect simplification to the tax regime and incentives for green tech and easing compliance through digitisation in the upcoming FY26 Budget.

SoftBank-backed Lenskart to tap banks for $1 bn IPO

Lenskart Solutions Pvt is poised to hire arrangers including Kotak Mahindra Bank Ltd. and Morgan Stanley for an initial public offering (IPO) in Mumbai this year, people familiar with the matter said.

PM for cutting reliance on import-based supply chain

Prime Minister Narendra Modi on Tuesday said it was unacceptable that the country exported raw materials and brought in finished products, stressing that value addition must happen here.

Trump Calls for 'Fair' Trade Ties With 'Tariff Maker' India

Says Modi Likely to Travel to US in February

Index Providers Seeing Healthy Competition and Innovation

Underpinning the sharp growth in the passive fund industry are index providers. Asia Index, which recently parted ways with equal joint venture (JV) partner S&P Dow Jones Indices (DJI), is trying to leverage its parent BSE to boost its presence. ASHUTOSH SINGH, managing director (MD) and chief executive officer (CEO) at Asia Index, in an interview with Samie Modak in Mumbai, talks about the various industry trends and measures taken to arrest the market-share decline. Edited excerpts:

Dahlias project lays strong growth foundation for DLF

DLF reported strong pre-sales of ₹12,100 crore in Q3FY25, up 34 per cent year-on-year (Y-o-Y) (up 17x quarter-on-quarter or Q-o-Q). This was backed by sales from its super-luxury project, 'The Dahlias,' which recorded pre-sales of ₹11,800 crore (98 per cent).

Musk's DOGE pledge puts spotlight on his firms' spending

Elon Musk's Department of Government Efficiency has vowed to stop wasteful spending in Washington and slash the federal workforce under President Donald Trump.

Google rages over EU errors in $4.5bn fine

Google accused European Union antitrust watchdogs of blundering their way through a probe that culminated in a record €4.3 billion ($4.5 billion) fine for allegedly abusing the market power of its Android mobile-phone ecosystem.

Sri Lanka in talks with Adani group to lower cost of power

The Sri Lankan government has started talks with Adani group to lower the cost of power from two wind power projects the group will build in the island nation's northern province, the cabinet spokesman said on Tuesday.

High level of uncertainty over Trump policies

Rising US bond yields and a stronger dollar have driven FPIs to pull out, while the sharp outperformance of US markets—fuelled by optimism around corporate tax cuts under the new Trump administration—has made investments in expensive markets like India less appealing.

DeepSeek most installed app on Apple iOS in India

It's a giant leap for the Chinese startup, which ranked 102 as of January 25

EVs charge up TVS bottom line by 20%

The Chennai-based two-wheeler major TVS Motor Company has posted a 20 per cent rise in its net profit during the third quarter of the current financial year ended December (Q3FY25) to ₹609.35 crore, up from ₹509.61 crore in the corresponding quarter last year.