CATEGORIES

Ops hit after 3 flights receive bomb threats

A-I flight diverted, two IndiGo flights delayed

Al to light the path at India Mobile Congress

PM to highlight transformative technology in inaugural address today; 15 ministries to showcase AI integration

TWIST IN THE TALE

India presses ahead with coal as China cuts permits ahead of COP29

2Ws, 3Ws likely drivers of auto sector growth

Muted PV, CV sales volume in Q2 may reflect in performance of segment leaders

Demand-supply mismatch sign of imbalance

The Securities and Exchange Board of India's (Sebi's) whole-time member Ananth Narayan on Monday sounded an alarm on an \"imbalance\" in the market, citing a mismatch between demand and supply of securities.

Sensex gains amid bargain hunting

India's benchmark indices gained on Monday led by heavyweights HDFC Bank, Infosys, and Larsen and Toubro following back-to-back weekly losses.

Anil Ambani challenges Sebi's ₹625 crore penalty order

Anil Ambani, chairman of the Reliance Group, has filed a plea in the Securities Appellate Tribunal (SAT) against an order by the Securities and Exchange Board of India (Sebi) on Reliance Home Finance (RHFL), imposing a total penalty of ₹625 crore on 26 individuals.

Hyundai raises ₹8,315 cr from anchor investors

Hyundai Motor India Ltd (HMIL) raised ₹8,315 crore from anchor investors on Monday, setting the stage for the country's biggest-ever maiden share sale. The Indian arm of the South Korean carmaker Hyundai Motor Company (HMC) allotted 42.4 million shares to 225 funds at ₹1,960 apiece, the higher end of its price band.

A hopeful narrative of India's potential

This is yet another book riding on the advances the Indian economy made after economic liberalisation and the accelerated growth of recent years.

New F&O stock lineup awaits Sebi green light

Sources reveal that exchanges submitted a list featuring 40 net additions

Safe landing

New capability of SpaceX will improve space exploration

The power of institutions

Economics Nobel rewards those asking the deepest questions

Viksit@2047: A matter of priorities

India's ambition may seem out of reach, but two and a half decades provide ample time to prepare - if it gets its focus right

40,000 Indians apply for new Australian work visa

About 40,000 applications have been submitted in two weeks for 1,000 spots under Australia's new Working Holiday Maker visa programme, Australian Assistant Minister for Immigration Matt Thistlethwaite said on Monday.

Israel kills at least 18 in strike on Christian town in Lebanon

Israel expanded its targets in its war with the Iran-backed Hezbollah militia in Lebanon on Monday, killing at least 18 people in an airstrike on the Christian-majority town of Aitou in the north, the Lebanese Red Cross said.

Economics Nobel for inequality researchers

Trio wins prize for work on gaps in prosperity among nations, and how institutions affect economic progress

ITC rule:Bombay HC seeks response from state's revenue dept

The Bombay High Court has recently granted an interim stay on a court order asking Enzene Biosciences Ltd to reverse proportionate Input Tax Credit (ITC) on interest earned on fixed deposits(FDs), and directed the pharmaceutical company to pay 10 per cent of the total tax amount.

India pulls out top envoy, expels 6 Canada diplomats

India's diplomatic relations with Canada hit a fresh low on Monday following New Delhi's decision to withdraw its High Commissioner, Sanjay Kumar Verma, along with other diplomats and officials, from the North American nation and expel six of its diplomats.

ITC rule: Bombay HC seeks response from state's revenue dept

The Bombay High Court has recently granted an interim stay on a court order asking Enzene Biosciences Ltd to reverse proportionate Input Tax Credit (ITC) on interest earned on fixed deposits (FDs), and directed the pharmaceutical company to pay 10 per cent of the total tax amount.

Ahead of elections, Mumbai entry points go toll-free for light vehicles

The Maharashtra state government announced a toll exemption for all light motor vehicles (LMVs) crossing Mumbai's five entry points on Monday. While the move is expected to help decongest these locations, analysts indicate that tolling concession agreements will need to be addressed.

Up to 65 weak UCBs to exit turnaround regime by Mar

Ahead of the new prompt corrective action (PCA) framework for Urban Cooperative Banks (UCBs), about 60-65 weak UCBs are expected to exit the current supervisory regime by March 2025 on improvement in performance.

RBI approves Tata Cap-TMFL merger

The Reserve Bank of India (RBI) has approved the merger of Tata Capital, an unlisted entity, with Tata Motors Finance (TMFL), paving the way for the formation of India's 12th largest non-banking finance company.

FPI investment in debt sees change of fortune in Oct

₹2,798 cr of sales so far in Oct; 1st net outflow since April

NEW BANDHAN CEO TO TAKE OVER IN NOVEMBER: Derisking loans may be first order of business

Partha Pratim Sengupta, who will take charge as managing director and chief executive officer (MD and CEO) of Bandhan Bank in early November, has his task cut out.

FM: Internship scheme looks to bridge gap in employability

The Prime Minister Internship Scheme is aimed at bridging the employability gap for students coming fresh out of college, Finance Minister Nirmala Sitharaman said on Monday.

GST compensation cess to be discussed at GoM meeting

A 10-member Group of Ministers (GoM) led by Minister of State for Finance Pankaj Chaudhary is set to meet for the first time on Wednesday to discuss the future of GST compensation cess after the loan repayment period ends in March 2026, according to multiple sources familiar with the matter.

Retail inflation rises to 5.49%, highest in CY24

Higher food prices, fading base effect behind surge; WPI inflation rises, too

‘RBI policy of not allowing crypto is a good approach'

India needs to improve on reducing regional inequalities and invest in human capital in order to become a developed country by 2047, AMIYATOSH PURNANANDAM, economist, University of Michigan, says in an interview with Ruchika Chitravanshi in New Delhi. He adds that the government needs to incentivise good long-term risk taking by banks to push private investment. Edited excerpts:

Voltas, Daikin among 38 white goods PLI bidders

As many as 38 companies, including Voltas, Daikin, Orient, and Blue Star, have applied for production-linked incentive (PLI) for white goods after the government reopened the application window for the scheme for the third time.

GAMES OF SKILL VS CHANCE - Framework looks to clarify difference

Will be sent to Meity for feedback to be added to 2nd draft