Category: Business
RBI adds 27 tonne gold in October, 50 per cent of central banks’ buying
MUMBAI: The Reserve Bank has bought 48% of all the gold that the central banks bought in October, adding a whopping 27 tonne to its[more...]
UltraTech’s India Cement buyout under CCI scrutiny
NEW DELHI: The acquisition of India Cements by UltraTech Cement has come under the lens of the Competition Commission of India (CCI). UltraTech Cement in[more...]
Hyderabad-based drug manufacturer Suven to acquire majority stake in NJ Bio for $64 million
MUMBAI: Hyderabad-based drug contract manufacturer(CDMO) Suven Pharmaceuticals has agreed to acquire 56 per cent stake in the US-based NJ Bio known for making cancer drugs[more...]
Sufficient urea stock in Punjab to meet demand for current rabi sowing season: NFL
NEW DELHI: State-owned fertiliser firm NFL on Saturday said there is sufficient stock of urea in Punjab to meet the demand of the current rabi[more...]
Maruti, Mahindra and MG cars to become pricier by 3-4% from next month
JSW MG Motor India said that the price increase is a result of continuously rising input costs and other external factors.Satinder Singh Bajwa, Chief Commercial[more...]
Stable interest rates to bring predictability for homebuyers and developers: Real Estate Industry
The outlook was further supported by Vimal Nadar, Head of Research at Colliers India, who noted, "Stable repo rate translates into stability in interest rates[more...]
Ahead of RBI monetary policy committee outcome, Sensex and Nifty gain 1 per cent
NEW DELHI: India’s equity rallied sharply during the second half of Thursday’s trading session amidst renewed hope of a dovish monetary policy by the Reserve[more...]
Housing prices in Tier II cities see up to 65 per cent surge: Report
The weighted average price of new launch projects in the top 30 Tier II cities increased by up to 65 per cent between 2023 and[more...]
India’s export curbs and price disparity fuel rising illegal trade at the Bangladesh border
Since mid-2022, smuggling of gold in exchange for food items has surged along the India-Bangladesh border, driven by India's export restrictions and a significant price[more...]
Ericsson secures multi-billion-dollar deal extension with Bharti Airtel for 4G, 5G network expansion
NEW DELHI: Ericsson has signed a multi-year, multi-billion-dollar extension deal with Bharti Airtel to supply 4G and 5G RAN (Radio Access Network) products and solutions[more...]
Non-IT sectors emerge as fresher hiring hotspots says report
BENGALURU: There has been a significant increase in fresher recruitment across IT domains as sectors such as architecture/interior designing, facility management and wellness/fitness have witnessed[more...]
Partnership with Japan beneficial for Indian semiconductor sector: Deloitte
NEW DELHI: Japanese firms are keen to set up semiconductor units in India and they have all the expertise and specialisation to partner with domestic[more...]
Shadow banks’ loan growth to moderate to 15-17 per cent this and next fiscal
Home loans are expected to maintain steady growth of 13-14 per cent. Policy initiatives, such as the re-introduction of the interest subsidy scheme, will provide[more...]
Vi launches AI-based solution to identify, block spam SMS for customers
NEW DELHI: Telecom service provider (TSP) Vodafone Idea Limited (VIL) on Monday announced a new spam management solution aimed at protecting users from spam calls.[more...]
Quick commerce is here to stay
“Like any other sector, FMCG companies are also experiencing significant benefits from the rise of q-commerce, focusing heavily on ultra-fast deliveries. This shift is being[more...]
FPI selling spree continues in November at Rs 21,612 crore
NEW DELHI: Foreign investors pulled out Rs 21,612 crore (USD 2.56 billion) from the Indian equity market in November, mainly due to the rising US[more...]
Banks see deposits rise for the third consecutive fortnight since mid-October
MUMBAI: Indian banks' intense efforts to mop up deposits have finally begun to pay off, with liabilities growing faster than assets for the third consecutive[more...]
Capex slowdown helps govt cut deficit by 6.6 per cent in Apr-Oct
NEW DELHI: The slowing down of capital expenditure has helped the central government keep its books in order with fiscal deficit contracting by 6.6% in[more...]
DLF to sell Kolkata Tech Park 1 to RDB Primarc for Rs 637 crore
DLF, the country’s largest real estate company, plans to sell its Kolkata Tech Park 1 business undertaking to RDB Primarc Techno Park LLP (An affiliate[more...]
CRISIL says no negative actions so far by lenders, investors on Adani following US indictment
NEW DELHI: Backing embattled Adani Group, rating agency CRISIL Ratings on Friday said the conglomerate has sufficient liquidity and operational cash flows to meet debt[more...]
Market dips amid Russia-Ukraine tensions and Fed rate cut uncertainty
NEW DELHI: The Indian equity markets witnessed a sharp sell-off on Thursday, with the benchmark indices BSE Sensex and NSE Nifty 50 declining by approximately[more...]
Nine Adani Group firms trade higher; Adani Total soars nearly 19 per cent
On Wednesday, shares of all Adani Group firms ended sharply higher, with Adani Total Gas and Adani Power soaring nearly 20 per cent.Embattled billionaire Gautam[more...]
Lower capex may reduce fiscal deficit by 19 bps to 4.71% this financial year
Mumbai: The continued slowdown in government spending may result a lower-than-budgeted fiscal deficit, which is likely to be down by by 19 bps or Rs[more...]
Honda two-wheelers enter EV space by launching ‘Active e:’ and ‘QC1’
MUMBAI: Honda Motorcycle & Scooter India (HMSI), the country’s second largest two-wheeler manufacturer and a leading player in the scooter segment, on Wednesday entered into[more...]
RBI governor Shaktikanta Das discharged from Chennai hospital
MUMBAI: The Reserve Bank has said the governor Shaktikanta Das, who was admitted to a Chennai hospital after suffering from high acidity issues last night[more...]
Indonesia rejects Apple’s $100 million investment offer
JAKARTA: Indonesia has rejected an Apple $100 million investment proposal aimed at lifting a ban on iPhone 16 sales, saying it lacks the "fairness" required[more...]
FIIs turn net buyers after 40 Sessions of selling
Foreign institutional investors (FIIs) ended their 40-session selling streak on Monday, turning net buyers as Indian equity markets saw a sharp rally. This uptrend followed[more...]
Market opens strongly as investors cheer Maharashtra election outcome
India’s equity market made solid gains on Monday morning with the benchmark indices - BSE Sensex and NSE Nifty - opening higher by about 1.5%[more...]
US SEC has no jurisdiction to summon foreign nationals, Adani notice to go via ‘proper channel’
NEW YORK: The US SEC will need to serve summons on Adani Group Founder and Chairman Gautam Adani, along with his nephew Sagar, through proper[more...]
Cinema faces shrinking sales, new challenges
There may be an occasional boost in box office collections for recent releases like ‘Singham Again’ and ‘Bhool Bhulaiyaa 3’. Both made Rs 260 crore[more...]
Pvt sector performs better on new biz gains, higher exports; sees record hiring
MUMBAI: New business gains and higher exports helped the private sector to perform better in November leading to the composite purchasing managers index rise in[more...]
IPO-bound Zepto bags $350 mn from domestic investors
BENGALURU: Quick commerce start-up Zepto has raised $350 million in its latest round, which included investments from Indian HNIs, family offices, and leading financial institutions[more...]
India’s forex reserves see record USD 17.76 billion dip as rupee hits all-time low
MUMBAI: The nation’s forex reserves have seen the sharpest weekly dip on record, losing a whopping USD 17.76 billion for the week to November 15[more...]
US charges against Adani, seven others could lead to arrest warrants, extradition bid: Attorney
Batra noted that ultimately, extradition occurs absent the rarest of circumstances, as in the case of former Chilean president Augusto Pinochet. The United Kingdom did[more...]
How badly can bribery charges hit fund raising plans of Adani Group? Experts weigh in
The indictment of Adani Group, its promoters and executives by the US authorities in an alleged Rs 2000-crore bribery case could negatively impact the fund-raising[more...]
SECI, the central PSU at heart of Adani bribery allegations
NEW DELHI: Solar Energy Corporation of India (SECI), the company at the heart of the Adani group bribery scandal in the US, is a central[more...]
Weak corporate margins offset govt capex revival, pulling down GDP growth to 6.5%: Icra forecast
MUMBAI: Rating agency Icra Ratings has revised its GDP growth forecast for India to 6.5% in the September quarter, down from 7.6% a year ago,[more...]
India’s GDP growth likely to slip at 6.5 per cent, maintains 7 per cent estimate for FY25: ICRA
MUMBAI: Domestic rating agency ICRA on Wednesday said India's real GDP growth for the September quarter is likely to decline to 6.5 per cent due[more...]
To double revenue, number of properties by 2030
MUMBAI: The Indian Hotels Company (IHCL), the Tata group's hospitality business unit, that owns and operates the Taj brand of luxury hotels along with seven[more...]
India to contribute 20 pc of global workforce growth between 2023-50, China share to decline: Report
The country's young demographic profile is another key strength. With an average age of 29 years, India has one of the lowest dependency ratios globally,[more...]
Anti-trust regulator levy Rs 213 crore penalty on Meta for ‘forcing’ WhatsApp users to share data
The anti-trust regulator -Competition Commission of India (CCI)-on Monday imposed a penalty of Rs 213 crore on US tech giant Meta, which owns and operates[more...]
Relief to middle class? Inflation offsets hike in tax exemption limit
Analysing the numbersLet’s delve deeper into the numbers. In FY 2013-14, individuals earning Rs 700,000 paid a tax of Rs 70,000, and those with an[more...]
G20 must push for new taxes, overcome FX barrier to achieve climate finance goals: IDB climate advisor
BAKU: To move away from fossil fuels, the G20 countries must push for new taxes from carbon emitters and overcome the foreign exchange (FX) barrier[more...]
‘Cut import duty on synthetic fabric to boost apparel exports’
NEW DELHI: India needs to reduce import tariffs on synthetic fabric if it wants to double apparel exports from the current USD 15 billion to[more...]
India’s growth story remains resilient as global economy lags: RBI governor Shaktikanta Das
The RBI governor also stressed the need to make swift technological advancements.Earlier, Das observed that the last five or six years have been extremely challenging[more...]
India to drive 25 per cent of global energy consumption growth over two decades: Minister Hardeep Singh Puri
Puri also pointed out that when the current government took office in 2014, only 6% of India’s sedimentary basins had been explored. “Today, this figure[more...]
Forex reserves fall for sixth consecutive week to three-month low
MUMBAI: The pressure on the rupee continued to extract a toll on the forex reserves for the sixth consecutive week ending November 8—a week when[more...]
Goods exports see major rise in October, up 17.3% to $39.2 billion
NEW DELHI: The country’s merchandise exports witnessed a significant increase of 17.25%, reaching $39.2 billion in October, making it the strongest month in the last[more...]
Grasim net profit tanks 66% to Rs 390 crore
The chemicals segment saw a 16 percent rise to Rs 273 crore, driven by higher profitability in chlorine derivatives and specialty chemicals.The building materials business[more...]
‘Tax burden on middle class reduced’
NEW DELHI: Tax burden on the middle class has come down noticeably over the last 10 years, a government source said on Wednesday. He said[more...]
Razorpay’s Venture Investment Program to invest in 10-15 early-stage startups every year
Established in 2014, Razorpay provides technology payment solutions to businesses. Marquee investors such as Lightspeed, Lone Pine Capital, Alkeon Capital, TCV, GIC, Tiger Global and[more...]
Vistara-AI to operate 5.6k weekly flights
Preparation for the full-service merger commenced more than two years ago, and has seen the induction of more than 6,000 staff from Vistara into a[more...]
State-run banks’ H1 earnings jump 25.6% to Rs 85,520 crore, says finance ministry
MUMBAI: The finance ministry has said the banks run by it have reported a strong set of numbers with net income surging by 25.6 percent[more...]
Will Trump’s win force India to rejig corp tax?
After accounting for surcharges and cess, India’s tax rate touches 25%. He emphasized that India offers numerous benefits that can lower the effective tax rate[more...]
Maruti Suzuki rolls out fourth generation Dzire at Rs 6.79 lakhs
"Being the market leader we need to be present in all the segments…Our take is this, in each segment, we need to be present and[more...]
Singles’ Day shopping festival loses its shine under China’s lagging economy
Some experts say that Beijing’s recent stimulus measures have had little impact to boost consumer confidence.“People are not interested in spending and are cutting back[more...]
Zomato launches ‘food rescue’ feature to offer cancelled orders at discounted prices
According to Goyal, the cancelled order will pop up on the app for customers within a 3 km radius of the delivery partner carrying the[more...]
HoABL expands development of plot business in North
NEW DELHI: House of Abhinandan Lodha (HoABL), Mumbai-based realtor, is expanding its plot development business in North India and recently opened its new office in[more...]
Ola Electric to launch new EVs every quarter, expand store network to 2,000 by 2025
MUMBAI: Ola Electric, India’s largest electric two-wheeler manufacturer, is ramping up its expansion efforts with plans to launch one new product every quarter and increase[more...]
Ashok Leyland net profit jumps 37% to Rs 770 cr
NEW DELHI: Hinduja group flagship Ashok Leyland has reported a healthy 37% year-on-year jump in net profit at Rs 770 crore for the September quarter[more...]
Sonata Software plans to hire 700 freshers amid earnings challenges
BENGALURU: Bengaluru-based mid-tier IT company Sonata Software has announced plans to hire 700 freshers in the 2024-25 financial year. According to CFO Jagannathan CN, the[more...]
Domestic funds overtake foreign investors in market
MUMBAI: The ownership of domestic non-promoter equity market has finally come out of the control of foreign funds in October, following their pull-out of over[more...]
I-T dept conducts survey at Truecaller India offices in tax evasion case
NEW DELHI: The Income-Tax Department Thursday carried out a survey operation at offices of Swedish caller ID platform Truecaller on charges of tax evasion, official[more...]
‘Trump’s win positive for India’s IT industry’
Trump’s pro-start-up policies are likely to attract more US investment, similar to his previous term when American investors accounted for 60% of total investments in[more...]
India very important market, Kylaq to help achieve 1 lakh annual sales: Skoda Auto CEO
Czech automaker Skoda said on Wednesday that India remains a very important market for them and the launch of a new model – Kylaq –[more...]
Trade barriers could rise if Trump wins
“His America First agenda would likely push for protective measures such as reciprocal tariffs on Indian goods, potentially adding barriers for key Indian exports like[more...]
Auto component maker Sundram Fasteners’ net profit up 10.5%
MUMBAI: Auto component maker Sundram Fasteners has reported a standalone net profit of Rs 130.64 crore for the three months ending September compared to Rs[more...]
Pay 250 million dollar quickly: Adani to Bangladesh
NEW DELHI: Amid delay in payment of dues by the Bangladesh government, it is said that an immediate payment of $200-250 million is crucial for[more...]
Suzuki Motor Corporation reveals first mass-production electric vehicle, the ‘e VITARA’
Japan’s Suzuki Motor Corporation (SMC), the parent company of India’s largest carmaker Maruti Suzuki India Ltd (MSIL), unveiled its first mass-production battery electric vehicle (BEV)[more...]
10 bad financial habits that keep you poor
What are the BAD FINANCIAL HABITS that keep you poor. Well not exactly poor, it does not allow you to break out of being middle[more...]
SBI Card net income declines 33% to Rs 404 crore
NEW DELHI: SBI Cards and Payment Services Ltd (SBI Card) on Tuesday reported a 33% decline in net profit to Rs 404 crore for the[more...]
Marico net profit rises 20% to Rs 433 cr; revenue from ops up 7.6% to Rs 2,664 cr
NEW DELHI: Homegrown FMCG major Marico Ltd has reported an increase of 20.27% in consolidated net profit to Rs 433 crore for the September quarter.It[more...]
ChatGPT launches live search feature for real-time information
OpenAI, the provider of the AI chatbot ChatGPT, which generates human-like responses to natural language inputs, announced this weekend that the chatbot is now equipped[more...]
October registers second-highest GST revenue at Rs 1.87 lakh crore
NEW DELHI: A surge in festival demand pushed the Goods and Services Tax (GST) collected by the Union and state governments in October to Rs[more...]
IT services companies upping Gen AI engagements
"Any of the large deals that we are looking at, there is a Generative AI component to it. Now it is driving the large deal,[more...]
Apple achieves an all-time revenue record in India: Tim Cook
NEW DELHI: Apple has reported an all-time revenue record in India for the fourth quarter ending September 2024, Chief Executive Officer Tim Cook announced on[more...]
Sensex, Nifty decline on selling in IT shares, FII sell out; ends Samvat 2080 with 22 per cent gains
MUMBAI: Benchmark equity indices Sensex and Nifty fell for the second day on Thursday dragged down by losses in IT stocks and relentless foreign fund[more...]
Biocon Q2 net profit declines 84 per cent to Rs 27.1 crore
BENGALURU: Biocon on Wednesday posted an 84.3% decline in its consolidated net profit at Rs 27.1 crore for the second quarter of this fiscal compared[more...]
Apple’s iPhone exports from India jump 33% in April-September 2024; TN’s Foxconn unit contributes half
This uptick in exports can be attributed to Apple’s expanding component ecosystem in the country, along with subsidies provided by both state and central governments.[more...]
TCS secures 15-year contract from Irish government
BENGALURU: Tata Consultancy Services (TCS) has secured a 15-year contract with Ireland’s Department of Social Protection (DSP) to implement and support the country’s new Auto[more...]
Adani Enterprises reports 8-fold growth in Q2FY25 profit, Adani Port’s PAT surges 40 per cent
Additionally, Adani Ports and Special Economic Zone Ltd (APSEZ)’s net profit for the quarter ended September rose 40% to Rs 2,445 crore. It reported net[more...]
How Long Do the Best Window Tints in Roseville CA Last?
Best Window Tints in Roseville CA Last Whether you’re seeking enhanced privacy, superior UV protection, or a sleeker aesthetic for your vehicle or home, window[more...]
Apple launches iPhone into AI era with free software update
Because most iPhones currently in use around the world don't have the computer chip needed for Apple's AI, the technology is expected to drive huge[more...]
What Services Do Removal Companies in High Wycombe Provide?
Removal Companies in High Wycombe Provide Choosing the right removal companies in high wycombe for your move will make all the difference to a smooth[more...]
Indonesia blocks Apple iPhone 16 sales over lack of investment
JAKARTA: Indonesia has prohibited the marketing and sale of the iPhone 16 model over Apple's failure to meet local investment regulations, according to its industry[more...]
October worst month for D-Street: What should investors do?
NEW DELHI: India’s equity market benchmarks, the BSE Sensex and NSE Nifty50, have dropped approximately 8% from their all-time highs in just a month, sparking[more...]
RBI Governor Shaktikanta Das gets top central banker award for second consecutive year
MUMBAI: Reserve Bank of India Governor Shaktikanta Das has been ranked the top central banker by the US-based Global Finance magazine.This is the second consecutive[more...]
How to clean wood floors with a natural finish?
clean wood floors with a natural finish Wood floors are a beautiful and durable addition to any home. The texture and color of the wood[more...]
CPI without food items will make inflation targeting ‘futile’: RBI Governor
MUMBAI: The Reserve Bank Governor Shaktikanta Das has called for reforming the international financial architecture to ensure equitable voice and representation for emerging economies and[more...]
Beating expectations, ICICI Bank net income up 14.5 percent to Rs 11,746 crore
MUMBAI: The second largest private sector lender, ICICI Bank, has reported a 14.5 percent rise in net income at Rs 11746 crore, beating street expectations,[more...]
WazirX’s total assets plunge more than 40%
Recently, WazirX was granted a four-month moratorium by the Singapore Court under certain conditions. Singapore-headquartered Liminal Custody, which is an estranged security partner of WazirX,[more...]
Forex reserves continue to decline as the rupee hits new lows
With the rupee coming under tremendous strain—trading below the critical 84 mark for over two weeks—the RBI has been selling dollars to defend the currency,[more...]
ACC profit crashes 48 per cent to Rs 200 crore in September quarter
NEW DELHI: Cement maker ACC Ltd on Thursday reported a consolidated profit after tax of Rs 199.7 crore for the second quarter ended September 30,[more...]
Cryptos, offshore betting platforms used for illicit activities
The report also talks about Real Money Games (RMG), which refers to an online skill game where users deposit, either in cash or kind, with[more...]
India will maintain investment curbs, can’t invite FDI blindly: FM Nirmala Sitharaman
NEW DELHI: India will maintain investment restrictions on neighbouring countries despite a recent agreement with China regarding patrolling along the disputed Himalayan border, Finance Minister[more...]
India holds immense potential in shaping future of AI: Meta’s chief AI scientist
BENGALURU: India has an important role to play, not just in technology and product development, but also in research in AI, said Yann LeCun, vice[more...]
Reliance Infrastructure to set up Rs 10K crore ammunition unit
NEW DELHI: Anil Ambani-led Reliance Infrastructure on Tuesday announced it would set up India’s largest integrated project for manufacturing explosives, ammunition, and small arms at[more...]
Lulu Retail plans $1.8 billion IPO; to be listed at Abu Dhabi Stock Exchange
Lulu Retail Holdings, the largest and fastest growing pan-GCC full-line retailer and a public company limited by shares incorporated in the Abu Dhabi Global Market[more...]
How Packaging Enhances Product Presentation
Packaging Enhances Product Presentation Packaging is a key element in product presentation. It serves a variety of purposes, including protecting the product and helping to[more...]
Q3 sees 13% sales drop, 34% launch decline
Certified Financial Planner, Lt. Col. Rochak Bakshi (Retd.), Founder and CEO of True North Financial Services, said that real estate investment has historically not been[more...]
Hyundai set to hit the bourses with flat to modest listing gain
Shares of India’s second-largest carmaker Hyundai Motor India Ltd (HMIL) are expected to debut on the domestic stock exchanges with flat to modest listing gain[more...]
Why non-bank lenders continue to come under regulatory axe?
MUMBAI: Non-bank Financial Companies (NBFCs) have never been under so much regulatory fire like they are in 2024. To be factually correct, the Reserve Bank’s[more...]
Mid-and small-cap mutual funds attract Rs 30,350 crore in H1 FY25 on strong returns
While the previous year saw even higher returns that led to higher inflows, the current performance continues to draw investor interest.In addition, stress test in[more...]
GoM moots GST relief for health insurance premium
NEW DELHI: The Group of Ministers (GoM) constituted by the GST Council to look into the demand for lower rates on health and life insurance[more...]
HDFC Bank posts a street-beating 5% growth in net at Rs 16,820 crore
In the reporting quarter, gross advances rose 7 percent to Rs 25.19 trillion, and the chief financial officer refused to offer a guidance on any[more...]
Can PS3 power cords be used with a PS3 Slim?
PS3 power cords be used with a PS3 Slim This article needs an improved/reorganized structure. Please improve it by adding clearer organization, removing unnecessary details,[more...]
IT industry hiring again; focus on specific skills
BENGALURU: After nearly four-six quarters of slowdown in hiring in the IT industry as clients scaled back to optimise costs, the industry is now witnessing[more...]
Meta unveils AI tie-up with horror movie producers
PARIS: Tech giant Meta has unveiled a partnership with horror film production company Blumhouse to road-test its latest AI video tool.The program, known as Movie[more...]
Vasundhara Oswal:Billionaire’s daughter slapped with grave charges victim of illegal detention?
Vasundhara Oswal, the 26-year-old daughter of Indian billionaire Pankaj Oswal, is currently detained by Ugandan police on various charges, including criminal and economic offences. While[more...]
QIBs to the rescue after Hyundai’s mega IPO falters with retail investors
HMIL is selling its shares in the price band of Rs 1,865-1,960 apiece. At the top end of the price band, the IPO is valued[more...]
Will do best to serve people of India: Musk
Musk urged TRAI for a fair decision and encouraged competition for the benefit of Indian consumers. In a reply of a tweet posted by Dogedesigner,[more...]
Bajaj Auto reports 9% growth in profit in Q2 of FY25, to pump $10 million in Brazilian subsidy
The country's largest two-wheeler brand by market capitalisation Bajaj Auto on Wednesday reported a net profit of Rs 2,005 crore for the quarter that ended[more...]
300 employees of Adani-controlled Thiruvananthapuram Intl Airport opt for transfer to AAI-managed ports
In a significant turn of events, over 300 employees of the Adani-controlled Thiruvananthapuram International Airport have opted to transfer to other airports managed by the[more...]
Bomb hoax forces Air India plane to make emergency landing in Canada
"Air India notes that it, and other local airlines, have been subject to a number of threats in recent days," it added."Though all have subsequently[more...]
Retail inflation at nine-month high of 5.49%
NEW DELHI: Retail inflation, as measured by the Consumer Price Index (CPI), reached a nine-month high of 5.49% in September on account of rising food[more...]
Inside Spain’s acute housing crisis
Housing becoming a 'fantasy'The crisis has dogged Sanchez's fragile minority government which prides itself on defending the working classes, as tensions simmer with left-wing allies[more...]
How estate planning plays crucial role in preserving wealth
Common misconceptionsAs per Shah of IndusLaw, estate and succession planning are often seen as taking away self-control and giving control to future generations. However, one[more...]
Street on Hyundai India’s IPO
The Initial Public Offering (IPO) by Hyundai Motor India Ltd (HMIL), the country’s biggest maiden share sale in its capital market history, has received a[more...]
Economic toll of Israel’s widening war
It’s one year since Hamas’ October 7 attack on Israel’s border communities. It’s also one year since Israel’s lethal invasion of Gaza. Both have been[more...]
208 infrastructure projects worth Rs 15.39 lakh crore recommended for approval
It has been designed for faster planning and better design so that the impact of an investment is maximised.The NPG has representations from various connectivity[more...]
Noel takes Tata baton from Ratan
MUMBAI: The 13 trusts, collectively known as Tata Trusts, on Friday elected Noel Naval Tata (67) as chairman with immediate effect, following the death of[more...]
Sebi orders probe into Trafiksol IPO disclosures; halts listing on BSE SME platform
NEW DELHI: Markets regulator Sebi on Friday decided to conduct a detailed investigation into the disclosures made by SME firm Trafiksol ITS Technologies Ltd in[more...]
TCS profit logs 5% growth in Q2; revenue up 7.6%
MUMBAI: Tata Consultancy Services, the largest software exporter from the country, has logged in a 5% growth in net income at R11,909 crore, earning an[more...]
Adieu to Ratan Tata: Remembering a colossus who always stayed calm and warm
The year was 1992. State-run Indian Airlines (now Tata-owned Air India) ran a poll to pick their most-loved passenger on the Delhi-Bombay route that politicians,[more...]
War on inflation is almost won: RBI Governor Das
MUMBAI: The Reserve Bank on Wednesday retained the retail inflation projection at 4.5% for fiscal 2025, with Governor Shaktikanta Das stressing that the central bank[more...]
Ratan Tata battling for life in Mumbai’s Breach Candy hospital, says report
Ratan Tata was the Chairman of the Tata Group till 2012 when he finally decided to step down after 22 years from the post at[more...]
Magicpin largest food delivery app on ONDC
BENGALURU: Food delivery app magicpin has touched nearly 1,50,000 daily food and logistics orders on the Open Network for Digital Commerce (ONDC), becoming the largest[more...]
Tyre makers flag concerns over natural rubber availability
ATMA has urged the Rubber Board to expedite the publication of monthly NR production and publish early estimates of NR production by the 10th of[more...]
Centre moves in to ease prices, rolls out vans selling tomatoes at Rs 65/kg
“The intervention is to protect consumers from recent increase in tomato prices and prevent windfall gains for intermediaries. NCCF is also continuously supplying onions from[more...]
Vodafone Idea, Ericsson partner to source telecom equipment to develop 4G, 5G networks in India
Andres Vicente, Head of Ericsson’s Market Area Southeast Asia, Oceania, and India, emphasized that 5G is a critical enabler of digital transformation and economic growth.[more...]
야간 근무가 번아웃으로 이어질 수 있을까?
번아웃으로 이어질 수 있을까 야간 근무를 한다면, 그것이 힘든 일이라는 것을 알 것입니다. 건강과 안전을 보장하기 위해 대처할 방법을 찾는 것이 중요합니다. 번아웃은 야간 근무를[more...]
Insurance surrender value: What it means for policyholders?
MUMBAI: After many a dilly-dallying and revision spanning close to three years, the new surrender value norms by regulator Irdai, which is effective from October[more...]
Abhinandan Lodha floats ‘plots-only’ realty model
Family break-upI first met the young Abhinandan over a decade ago, when the Lodha Group had acquired Mumbai’s Shrinivas Mills and had launched the now[more...]
Centre notifies new labelling rules for eco-friendly products
The Centre on Tuesday notified the Ecomark Rules. It will replace the Ecomark Scheme of 1991. The scheme relates to labelling of eco-friendly products.The Rules[more...]
Big relief for real estate; Input tax credit allowed on construction costs for rental buildings
The Supreme Court on October 3 made a landmark ruling that allows property owners to claim input tax credit, or ITC, on construction costs for[more...]
MS Dhoni invests additional Rs 3 crore in IPO-bound Garuda Aerospace
Cricketer MS Dhoni has topped-up his investment in drone start-up Garuda Aerospace and rejoins the IPO-bound start-up as brand ambassador.Sources told TNIE that he has[more...]
BMW calls for green tax to boost net zero emission efforts
MUMBAI: Amidst talks about increasing GST on electric vehicles -- all of them, including luxe ones, currently attract a flat 5 percent -- to make[more...]
Madam FM, Make in India lion has to roar for us to become world’s third largest economy
On its part, the government, with unbridled enthusiasm, did all it could to make it work. From reducing the corporate tax rate to revive investments,[more...]
Digital to drive media revenue growth to 8% in next two fiscals to Rs 60,000 crore
MUMBAI: The sizzling digital space will help media companies to print in an 8 per cent annual revenue growth over the next two years, taking[more...]
Office space leasing hits record high at 53.43 mn sqft during January-September 2024
MUMBAI: Gross leasing activity in Q3 touched 19.89 million square feet (msqft) up 8.2 per cent on-quarter making it the second-best quarter, making the total[more...]
Mahindra nears Hyundai, eyes No. 2 spot in Indian car market
“No other carmaker is capitalising on the SUV wave as good as Mahindra. They have delivered one blockbuster product after another. We expect Mahindra to[more...]
Swiggy CEO critiques ‘hustle culture’
Swiggy Food and Marketplace CEO Rohit Kapoor has voiced strong opposition to the toxic "hustle culture" prevalent in various industries. During a conversation with Shradha[more...]
SEBI gives markets a breather by skipping any action
The board also enhanced the scope of optional T+0 settlement cycle from the present 25 stocks to top 500 based on their market capitalization in[more...]
TAFE files contempt case against AGCO of US over claims on Massey Ferguson brand rights
CHENNAI: A corporate war is brewing between the Chennai-based TAFE, the second largest producer of tractors in India and the third largest in the world,[more...]
Nifty 50 likely to trade in the range of 25,900 and 26,500 this week: Experts
“Looking ahead, it will be interesting to monitor Foreign Institutional Investors (FIIs) and their flow into India. September saw the highest FII inflows into Indian[more...]
FPI inflow hits nine-month high of Rs 57,359 crore in equities
NEW DELHI: Foreign investors have poured Rs 57,359 crore into Indian equities in September, making it the highest inflow in nine months, mainly driven by[more...]
Moody’s downgrades Israel credit rating on high ‘geopolitical risk’
A day after its Palestinian ally Hamas staged an unprecedented attack on Israel on October 7, Hezbollah started fighting Israeli troops along the Lebanon border."Longer[more...]
Trump vows to prosecute Google for showing ‘bad’ stories on him
The Trump post came after a conservative group reported on what it said it found when doing a search on "Donald Trump presidential race 2024.""Both[more...]
FPI equity inflows surge to Rs 57,000 crore in September, over half of CY24’s total so far
Vinit Bolinjkar, Head of Research- Ventura Securities, said, “FPIs continued their inflows during the first four days of the current week, investing Rs 15,122 crore,[more...]
Swiggy plans to expand dark stores, investments in tech and cloud infrastructure
Food delivery platform Swiggy, which is planning to raise Rs 3,750 crore through a fresh issue of shares, plans to use over Rs 982.40 crore towards[more...]
Accenture posts full-year fiscal 2024 revenue of USD 64.9 billion
BENGALURU: IT services firm Accenture, which announced a USD 4 billion share buyback, has posted fourth-quarter revenues of USD 16.4 billion, an increase of 3[more...]
Tax tweaks for over 100 items discussed, next meeting on Oct 20
The GoM would discuss the views of its members in the meeting scheduled to be held on October 20 and place its recommendations before the[more...]
How Do Carbon Credits Get Traded on a Carbon Credit Exchange?
Carbon Credits Get Traded on a Carbon Credit Exchange Buying carbon credits allows companies to offset their greenhouse gas emissions, helping them meet their corporate[more...]
BookMyShow lodges police complaint against sale of ‘fake’ tickets for Coldplay event
MUMBAI: Online ticket aggregator BookMyShow has lodged a police complaint in connection with the alleged sale of fake tickets for Coldplay's Mumbai concert on certain[more...]
India’s foodgrain production hits record 332.22 mn tonne in 2023-24: Govt
NEW DELHI: India's foodgrain production reached a record 332.22 million tonne in the 2023-24 crop year ended June, driven by bumper wheat and rice output,[more...]
Has RBI waited too long to cut interest rates and is one around the corner finally?
Retail inflation eased to a five-year low of 3.65% in August, but numbers can tell a different kind of truth. Even though headline inflation indicates[more...]
Banks’ infra bond sales may touch all-time high of Rs 1.3 trillion this fiscal
MUMBAI: Bond issuances by banks are expected to touch a new high of Rs 1.2-1.3 trillion this fiscal, surpassing the earlier peak of Rs 1.1[more...]
Air India derosters three employees over incident on San Francisco-Bengaluru Flight
BENGALURU: Air India has taken three of its staff off duty for an incident involving the non-opening of one of the doors on its flight[more...]
Sebi study shows 93% retail traders in F&O lost Rs 2 lakh each in FY 22-24; collective loss over Rs 1.8 tln
MUMBAI: Further strengthening its belief that F&O segment in not meant for the retail investors, a new study by the market regulator Sebi has found[more...]
Reliance Power to raise long-term funds
NEW DELHI: Following Reliance Infrastructure's announcement of Rs 6,000 crore fundraising plans, another Anil Ambani group company - Reliance Power - is set to raise[more...]
Lokpal claims complaint against SEBI chief ‘falls short’ of grounds for ordering probe
Hindenburg had said 18 months since its damning report on Adani, "SEBI has shown a surprising lack of interest in Adani's alleged undisclosed web of[more...]
Ethiopians struggle with bitter pill of currency reform
Addis Ababa: In a small fashion store in Ethiopia's capital, Medanit Woldegebriel's dresses have almost doubled in price in the past two months, sending customers[more...]
iPhone 16 Pro series sees 25 per cent surge in opening sales in India
NEW DELHI: The Pro models of the iPhone 16 series performed well in India's opening sales. A few sellers reported 25 per cent higher opening-day[more...]
Housing sales dip 18% across top nine cities between July and September
In a not-so-positive development for India’s burgeoning real estate sector, new housing launches and sales in the third quarter (July-September) of the 2024 calendar year[more...]
Retail inflation for farm workers eased to 5.96 pc in Aug; 6.08 pc for rural labourers
NEW DELHI: Retail inflation for farm workers and rural labourers eased to 5.96 per cent and 6.08 per cent, respectively, in August against the comparative[more...]
India set to spend Rs 4.25 lakh crore on weddings in two months
"Given gold's cultural and religious importance, along with its status as a valuable investment, this reduction is expected to significantly boost demand," the report added.India’s[more...]
Accenture plans to push back bulk of its staff promotions by six months: Report
The Dublin -based technology giant, Accenture Plc is planning to push back the bulk of its staff promotions by six months. The company will announce[more...]
Federal Reserve slashes benchmark rate by 50 bps for first time in four years
WASHINGTON: The US Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years[more...]
In talks with finance ministry to address rising steel imports from China: HD Kumaraswamy
NEW DELHI: The steel ministry is in talks with the finance ministry to address the issue of rising imports of steel from China, according to Steel[more...]
UK’s Tortoise Media in talks to buy The Observer
LONDON: The world's oldest Sunday newspaper, The Observer, could be sold, after its owner of more than 30 years and its potential buyer on Tuesday[more...]
Lenovo launches new Infrastructure R&D lab in Bengaluru
The company also said the Puducherry plant will manufacture five key offerings from Lenovo’s portfolio, including three rack-mounted enterprise AI servers and two flagship 8-way[more...]
Pallonji Group flagship Afcons gets Sebi nod for Rs 7,000 crore IPO
Afcons has carried out a wide range of complex and challenging engineering, procurement and construction projects both domestically and internationally over the last six decades.[more...]
More than 650 offshore gaming companies evade GST: Report
NEW DELHI: The GST department has identified 658 offshore online gaming companies as non- registered/non-compliant and has initiated investigation against the same. As many 167[more...]
LG eyes capital market debut in India
NEW DELHI: LG Electronics, the South Korean electronic major, is reportedly eyeing to launch an initial public offering (IPO) for its Indian arm in the[more...]
Killing Vistara may hurt Tatas in long run
Two parallel airlinesBesides these innovations, the high standards of service, and Vistara’s distinct but unconventional ‘aubergine’ colours gave a new connect to the well-heeled. These[more...]
Congress slams Madhabi Buch for trading in listed securities while possessing unpublished price-sensitive info
At the press conference, Khera also recapped previous conflict of interest allegations levelled by the Congress against Buch."From September 2, 2024, the Congress started unravelling[more...]
Sun and Daily Mail Slash US Digital Jobs Amid Financial Strain
The publishers of The Sun and the Daily Mail are cutting jobs in their American digital operations amid financial pressure on the industry, reports said.Sky[more...]
哪些平台提供差價合約交易？
哪些平台提供差價 差價合約提供了無需獲得標的資產的實際所有權即可參與價格變動的優勢。這使得交易者能夠從價格上漲和下跌中獲利，並讓他們有機會以較低的資本要求和槓桿來實現投資組合的更大程度的多元化。一個完善的差價合約交易平台應該提供廣泛的資產、有競爭力的交易工具以及對第三方應用程式的支援。 選擇差價合約經紀商時，請確保他們提供適合您交易風格的正確產品和功能組合。尋找流行金融工具的完整列表，包括指數、商品、股票等，並能夠根據您的特定需求和偏好自訂您的帳戶。最好的差價合約經紀商還提供有競爭力的價格和低保證金要求。 差價合約交易 雖然選擇擁有一套強大的交易工具的經紀商很重要，但您的差價合約提供者提供適當水準的客戶支援也同樣重要。最好的經紀人提供全天候即時聊天、電子郵件和電話支持，以幫助解決任何問題或技術問題。他們還應該提供教育資源和廣泛的市場研究、貿易理念和技術分析文章庫。 哪些平台提供差價合約交易？ 最受尊敬的差價合約經紀商提供免費的模擬帳戶，讓交易者在存入真實資金之前使用虛擬貨幣練習其策略。模擬帳戶通常以多種語言和不同的設備提供，它們讓交易者在投資自己的資金之前體驗平台的功能。它們是測試平台並查看它是否適合您的交易風格的好方法。 高品質的差價合約交易平台的設計應為不同時區的交易者提供快速的交易時間。這對於利用稍縱即逝的機會並限制滑點或重新報價造成的損失非常重要。該平台還應具有各種圖表和圖表功能，從簡單的價格條到高級指標和自訂繪圖工具。 除了全套交易工具外，最好的差價合約經紀商還提供多種融資選擇。大多數提供標準銀行電匯和信用卡，有些甚至支援利基支付服務，如 Abaqoos、Apple Pay、BPay、Carte Bleue、CASHU、DotPay、Google Pay、Larda、Moneta、Przelewy24、QIWI 和 UnionPay。他們還應該提供各種安全的交易環境，包括使用者密碼、後端安全措施和雙重認證（2FA）。 Make your first trade an unforgettable one with markets.com. Deposit now[more...]
SoftBank-backed Delhivery alleges IPO-bound Ecom Express provided misleading data
The logistics firm also said that Delhivery delivers pan India and covers 18,793 pin codes as of March 31, 2024, and that there are 19,300[more...]
Nazara acquires 47.7% stake in PokerBaazi parent Moonshine for Rs 982 Crore
BENGALURU: Gaming and sports media company Nazara Technologies Limited has acquired a 47.7% stake in Moonshine Technology, the parent company of the online poker gaming[more...]
Private sector must step up infra investment: Fin Services Secretary Nagaraju
India needs to invest at least 8-10 percent of its Gross Domestic Product in infrastructure to sustain a high single-digit growth rate over the next[more...]
Airtel business expands global network with Sparkle partnership on Blue-Raman Cable
NEW DELHI: Airtel Business, the B2B arm of Bharti Airtel, has signed an agreement with Italian telecom service provider Sparkle to acquire additional capacity on[more...]
A deep dive into how India eats and what it reveals about us
What India is eating is an important input for policymakers and a new working paper has discovered some startling facts. For the first time, the[more...]
Microsoft invests Rs 520 crore in 16.4-acre property in Pune’s Hinjewadi
In 2022, the company also acquired a 25-acre plot in Pimpri-Chinchwad for Rs 328 crore. Earlier this year, Microsoft secured 48 acres of land in[more...]
UAE-backed group sells Spectator magazine, once edited by ex-PM Boris Johnson, after UK block
The Telegraph newspapers -- British right-wing broadsheets -- are still looking for a new buyer.Redbird IMI is majority-owned by Sheikh Mansour bin Zayed Al Nahyan,[more...]
Mutual fund assets soar past Rs 66.70 trillion mark as SIPs hit record highs
Inflows into thematic/sectoral funds remained robust at Rs 18,117.18 crore in August, fuelled by new fund offers, as five new funds in the category collected[more...]
Apple unveils iPhone 16 series built for AI, Watch Series 10, AirPods 4
Apple on Monday announced its new iPhone line-up built for generative artificial intelligence as it seeks to boost sales and show it is keeping up[more...]
Bajaj Housing issue fully subscribed in four hours; retail quota fully booked
The non-institutional investors category has received 2.53 times subscriptions, while the portion for retail investors has subscribed 1.03 times. The category for qualified institutional buyers[more...]
GST Council meets today to discuss rate rationalisation, tax on insurance
MUMBAI: The GST Council will be meeting later on Monday to discuss an array of important issues, including the much-discussed GST rate on life and[more...]
GST Council to deliberate on taxation of insurance premium, report on online gaming
Prior to that, many online gaming companies were not paying 28 per cent GST, arguing that there were differential tax rates for games of skill[more...]
Carlyle-backed Hexaware files for Rs 9,950 crore offer-for-sale share issue
MUMBAI: Private equity major Carlyle-backed digital and technology company Hexaware Technologies has filed for a Rs 9,950-crore initial share sale with the capital markets regulator SEBI.[more...]
Maharashtra govt nod for USD 10 billion Adani-Tower Semicon proposal
NEW DELHI: The Maharashtra government approved a USD 10 billion semiconductor investment proposal from a joint venture between Tower Semiconductor and the Adani Group on[more...]
Payroll gains fall short at 142,000; Fed may cut rates further in Sept meeting
August payrolls in the United States grew by 142,000, falling short of street expectations. While this was an increase from July’s 89,000, it was below[more...]
India to extend sugar export ban to boost local supplies: Report
India plans to extend a ban on sugar exports for the second straight year as the world's biggest consumer of the sweetener grapples with the[more...]
Unsold passenger vehicle inventory rises to 7.8 lakh units, valued at Rs 77,800 crore: FADA
Despite an assurance by carmakers to cut down dispatches, top dealer association body, Federation of Automobile Dealers Association (FADA), said that inventory levels at passenger[more...]
Govt starts discounted onion sale at Rs 35/kg in Delhi-NCR, Mumbai
NEW DELHI: The Centre on Thursday began the first phase of retail sales of onion at a subsidised rate of Rs 35 per kg to[more...]
Standalone health insurer Star Health launches policy in Braille
MUMBAI: For the 34 million visually impaired, who constitute as much as 2.5 per cent of our population, there is something to cheer for when[more...]
Glas Trust not part of insolvency panel
BENGALURU: Byju's insolvency resolution professional (IRP) Pankaj Srivastava has removed the edtech company's US-based lender Glas Trust from the committee of creditors.The steering committee of[more...]
Entod Pharma launches PresVu to treat presbyopia, age-related vision problem, in India
Mumbai-based drug maker Entod Pharmaceuticals has launched a first of its kind of an eye drop which helps middle aged people with sight issues like[more...]
Household savings rebound as incomes climb: RBI’s Patra
MUMBAI: Rising income levels are driving a revival in household savings, which had been on a declining trend for several years, according to Reserve Bank[more...]