CATEGORIES

Sriram Krishnan: US' new AI advisor

US President-elect Donald Trump on Sunday named Indian American entrepreneur, venture capitalist and author Sriram Krishnan as senior white house policy advisor on artificial intelligence (AI).

Non-life insurers' claim ratio falls

Net incurred claims to net earned premium (claims ratio) of non-life insurance industry stood at 82.52% during 2023-24 as against 82.95% in the preceding fiscal, as per the Insurance Regulatory and Development Authority of India's (Irdai) annual report.

First ONOE panel meeting on 8 Jan

The first meeting of the 39-member parliamentary panel on 'one nation, one election' (ONOE) is set to be held on 8 January, setting the tone for nationwide deliberations on the key poll reform measure of the Prime Minister Narendra Modi-led NDA government.

Lohia Auto launches EV brand 'Youdha'

Lohia Auto on Monday announced the launch of EV (electric vehicle) brand 'Youdha' as part of its ₹20-crore expansion plans and said it looks to manufacture and sell 300,000 electric vehicles (EV) under the brand by 2027.

ICAI probing Byju's alleged audit errors

Chartered accountants’ apex body ICAI (Institute of Chartered Accountants of India) president Ranjeet Kumar Agarwal on Monday said its disciplinary committee is investigating alleged auditing lapses at edtech firm Byju’s.

Xi digs in with top-down economic plan even as China drowns in debt

Xi Jinping is bracing for a showdown, sticking with economic policies aimed at making China the world's most powerful country

B'desh minister says country wants ex-PM Hasina extradited

Bangladesh-India ties took a hit after interim government led by Yunus assumed power

INDIA'S CLIMATE AGENDA AND A NEW GREEN ECONOMY

Transition to a green economy could serve as a model for other developing nations

Climate change is now a real and pressing economic threat

Climate change is no longer just affecting lives. It's hurting the economy more than ever before, whether through extreme heat or rain bringing down farm output and driving up prices, or making countries adopt cross-border tariffs to factor in the costs of carbon reduction. And it's only going to get worse.

RETHINKING THE PURPOSE OF ECONOMIC POLICY

The purpose of economic growth must be to improve the ease of earning and living for all

Govt spending may power recovery from growth lull

Restoring India's economy to its pre-pandemic trajectory remains vital, particularly for the economically weaker sections.

India's external trade braces for an action-packed '25

A silver lining is the border disengagement with China, followed by a bilateral meeting Modi and Xi

Poor concert infrastructure triggers a discordant note

India's booming concert scene faces a reality check as logistics fail to keep up with demand

Google offers looser search deals as a remedy in US case

The offer comes even as the US government pushes to make Google sell its Chrome browser

Internal candidates land top Wipro jobs

Top churn

High-speed data plans to target concertgoers

Users seek reliable data connectivity when they attend high-profile events

GEF Capital bets $20 mn on EPACK Prefab

EF Capital Partners, which last week led a funding round in the global products and solutions unit of Vedanta-owned Sterlite Power Transmission, has made a fresh bet in the modular construction segment.

Adani to buy Air Works for ₹400 cr

Ahmedabad-headquartered Adani Group's defence arm Adani Defence and Aerospace on Monday entered into an agreement to acquire an 85.8% stake in Air Works, India's largest privately-held aircraft maintenance, repair, and overhaul (MRO) company.

Mahindra arm narrows focus to 3 cities

Mahindra Lifespace Developers Ltd, the realty arm of the Mahindra Group, will pause fresh investments in the Delhi-National Capital Region (NCR) region, and narrow operations to markets where it can create a niche as a 'net zero' developer.

In emerging markets, ‘better luck next year’ is a hard sell

Emerging markets-focused investors have had little to celebrate over the past year. Or, for that matter, over the past decade. Now the prospect of Donald Trump’s tariffs and trade wars has some considering abandoning them altogether.

Polycab India is wired for growth and the stock reflects it

Polycab's shares have meaningfully outperformed Nifty 50 index so far in FY25.

Banks push for new rate benchmark

A group of Indian lenders has asked the central bank to approve a new benchmark for overnight indexed swaps, according to people familiar with the matter.

In rare crackdown, Sebi halts trading in Bharat Global

BGDL's share price surged 105x over the past year, rising from ₹16.14 in Nov 2023 to ₹1,702.95 in Nov 2024

Siemens stares at bumpy FY25

Siemens's order inflow has been volatile lately due to chunky orders in some years.

Sensex, Nifty up after 5-day loss

The Nifty and Sensex dropped about 5% last week, the worst since June 2022

Rupee slips to all-time low pressured by weak yuan

The Indian rupee weakened to its lifetime low on Monday, pressured by weakness in the offshore Chinese yuan and strong dollar bids from importers, likely related to month-end payments, while state-run banks' dollar sales capped the decline.

Aakash's ex-CEO launches new edtech startup

Sparkl is an AI-powered online one-on-one tutoring platform focusing on 6-12 grades for IGCSE and IB curricula

India plans to import 20 more cheetahs, 2 elephants

India is in discussions with Kenya, Botswana and Tanzania to import 20 more cheetahs and two female elephants by March, two government officials said.

PNGRB to expand LPG pipeline for safer transport, cost cutting

The Petroleum and Natural Gas Regulatory Board (PNGRB) is planning to expand India's pipeline network for safer and eco-friendly transportation of liquified petroleum gas (LPG), said Anil Kumar Jain, the chairperson of PNGRB.

GST on corporate sponsorships eased

The Goods and Services Tax (GST) Council's decision on Saturday to tweak a rule on corporate sponsorships is set to make these deals more tax efficient and the recipient of funds better off, officials and experts said.