CATEGORIES

India, UK navies to develop electric propulsion for next-gen warships

The ministries of defence of India and the UK have signed a statement of intent (SoI) to cooperate in designing and developing Electric Propulsion Systems for the Indian Navy.

India backs Iskcon, tells Bangladesh to protect minorities

New Delhi hopes arrested monk will get fair trial

HAVING A BALL

Indian bowlers are winning matches and setting IPL auction records. But brands are not yet bowled over. Will Bumrah get bowlers their due?

Link UPI app to bank account with limited funds, set daily limits

Indians have lost ₹485 crore to frauds on the Unified Payments Interface (UPI) across 632,000 incidents reported until September of the current financial year, according to data from the Ministry of Finance.

Arpu gains, lower capex augur well for Airtel

Brokerages positive on stock; earnings flows may rise over next 24 mths

NIFTY LOGS BACK-TO-BACK MONTHLY LOSS

Benchmark Nifty 50 index shed 0.3 per cent in November, logging its first back-to-back monthly loss since February 2023.

Lock-up on ₹1.2 trn pre-IPO shares to lift in two months

Lock-up on shares worth nearly ₹1.2 trillion ($14 billion) belonging to 50 companies will end between now and January 31, said Nuvama Institutional Equities in a note.

Margin moderation may cap upsides for Colgate

After gaining over 15 per cent in the first half of the week, the stock of oral care major Colgate-Palmolive (India) has shed about a third of those gains.

Indian stock market may be bottoming out: Chris Wood

The Indian stock market is possibly bottoming out after the sharp correction seen in the last few weeks, believes Christopher Wood (pictured), global head of equity strategy at Jefferies.

QIP fundraising tops ₹1 trn in 2024

MONEY MATTERS

Markets gain 1%, driven by RIL, Airtel

Benchmark indices rose 1 per cent on Friday driven by gains in index heavyweight Reliance Industries Ltd (RIL) and telecom major Bharti Airtel.

Zomato raises ₹8.5K cr via QIP, expansion on menu

Funding was led by Motilal Oswal and ICICI Prudential

Second-time unlucky

The world has greeted the prospect of a second Donald Trump presidency with a shrug.

Earth or Mars?

What is that venture capitalist meeting look like? 'So, Elon, what do you want to do?' 'I want to go to Mars.' 'How much will it cost?' '$1 trillion.' 'Is it safe?' 'No. People will probably die.' 'What's the return on the investment?' 'Nothing.'

Why India shouldn't go to Pakistan

Broken cricket relationships in the subcontinent aren't about any disputes over the game, nor Hindu-Muslim issues. They are about the state of the nations, and what goes on between them

Trump's risky playbook

Imagine a large country where national debt has grown from around 100 per cent of gross domestic product (GDP) in 2020 to 125 per cent of GDP in 2024.

Trump's return is an opportunity for India

It might be tempting to assume that Donald Trump's return to the White House augurs stability in US-India relations.

Crypto's $1trn rally has yet to reprise pandemic-era mania

Controversial crypto mogul Justin Sun beamed as he ate a $6.2 million banana in Hong Kong, a spectacle that ratcheted up the spotlight on digital assets as the industry tries to keep an historic market rally on track.

British MPs back proposal to legalise assisted dying

The UK House of Commons voted in favour of a landmark bill to legalise assisted dying, potentially putting England and Wales on track to a fundamental social reform that's largely supported by the British public.

Boeing's new CEO limits jet trips in show of austerity

For members of the Boeing Co's executive council, catching a ride on the company's corporate jets has long been a cherished perk of the job.

Canada sues Google over anti-competitive practices

Canada's antitrust watchdog said Thursday it is suing Google over alleged anti-competitive conduct in the tech giant's online advertising business and wants the company to sell off two of its ad tech services and pay a penalty.

Big Tech says Australia 'rushed' ban

Meta: Law that bars those under 16 from social media was predetermined

Boost credit flow to allied agri activities: FM to RRBs

Union Finance Minister Nirmala Sitharaman on Friday directed regional rural banks (RRBs) to increase their share in ground-level agriculture credit disbursement with special focus on allied agriculture activities like dairy, animal husbandry, fisheries.

GST Council has turned into a rate-cutting panel: Ex-CEA

The Goods and Services Tax (GST) Council has turned into a \"rate cutting panel\", former chief economic adviser (CEA) Arvind Subramanian said on Friday while suggesting that the council should instead consider jacking up the rates, which would boost the revenue and reduce the need for renewing the compensation cess.

New GDP, CPI series from Feb 2026: Mospi

The revised base years for the national accounts—which includes GDP—and other macro-indicators like consumer price index (CPI) are expected to come into effect from February 2026, a top government official said on Friday.

Hinduja Leyland Finance eyes $300-500 mn via debut $ bonds

Hinduja Leyland Finance, the financial services arm of Ashok Leyland, is planning to raise $300-500 million via debut issuance of dollar bonds by the end of the current financial year (FY25), its Managing Director & CEO Sachin Pillai said on Friday.

Forex reserves fall $48 bn in 2 months

India's foreign exchange reserves have declined $48 billion in the past two months (since September 27) as the Reserve Bank of India (RBI) intervened in the forex market to protect the domestic currency from depreciating sharply against the dollar.

Core sector growth at 3-mnth high

But remains subdued at 3.1% in Oct

'Samsung, Hyundai looking at Indian shipbuilding industry'

Union Minister for Shipping, Ports and Waterways SARBANDA SONOWAL is one of the few ministers in the Modi 3.0 Cabinet to have the same portfolio as that in the 2019-24 government. From bolstering Make in India in shipbuilding to reviving decades-old legislation in ports, Sonowal is opening up the Indian seas and ports to the world. In an interview with Dhruvaksh Saha and Shreya Jai in New Delhi, he talks of about the ministry's plans. Edited excerpts:

Growth slowdown cyclical or policy-driven?

India's real gross domestic product (GDP) growth stood at a seven-quarter low of 5.4 per cent in the second quarter of 2024-25 (Q2FY25), well below India's potential GDP growth of 7-7.5 per cent.