CATEGORIES

Shiv Sena, NCP release first list for Maha polls

The Shiv Sena and the Nationalist Congress Party (NCP) on Wednesday released their first list of candidates for the November 20 Maharashtra assembly polls.

AI: One earth, one regulatory ecosystem

Artificial Intelligence (AI) technologies, built on predictive and deterministic analysis of large data sets and patterns, transcend geographies.

Institutions for development

Growth is driven by technological dynamism even more than by security for private capital

Arm Holdings to scrap Qualcomm chip design licence

Arm Holdings Plc is cancelling a licence that allowed longtime partner Qualcomm Inc to use Arm intellectual property to design chips, escalating a legal dispute over vital smartphone technology.

Tata AIG eyes 30% CAGR in retail health over 3 yrs

Tata AIG General Insurance on Wednesday said it is aiming to grow its retail health portfolio at a 30 per cent CAGR over the next three years, driven by the expansion of its distribution network and introduction of new riders.

Govt lifts curbs on rice exports; floor price for non-basmati scrapped

Lifting curbs on rice exports, the government on Wednesday removed the floor price for non-basmati rice shipments and exempted parboiled and husked (brown) rice from export duty.

Vedanta Resources raises $300 mn via tap option

Vedanta Resources, the parent firm of Mumbai-based mining conglomerate Vedanta Ltd, has raised $300 million by exercising the tap option on the existing bond issue.

SC opens tap for state regulation of industrial alcohol

In a big victory for states, the Supreme Court (SC) on Wednesday, in an 8:1 majority, upheld the states' right to regulate taxes on industrial alcohol, overruling a 1990 judgment.

Cyclone Dana: 1 mn people to be evacuated in Odisha

As Cyclone 'Dana' barrels toward the Odisha coast, threatening to impact nearly half the state's population, the government is racing against time to execute a massive evacuation plan aimed at relocating around 1 million people in 14 districts to safety.

Priyanka declares assets worth ₹12 cr

Congress General Secretary Priyanka Gandhi, who on Wednesday made her electoral debut by filing a nomination as a Congress candidate for Wayanad Lok Sabha bypoll, has declared assets worth over ₹12 crore.

Artificial rainmaking still under research

India Meteorological Department (IMD) Director General MRUTYUNJAY MOHAPATRA said the Mission Mausam programme, approved by the Union Cabinet last month with a budget outlay of ₹2,000 crore over two years, will not just improve weather forecasting in the country but also study the potential to enhance or suppress rain. In an interview with Ramani Ranjan Mohapatra in New Delhi, the IMD chief spoke about the improved forecasting system, global warming impact, and artificial intelligence (AI) applications.

MVA allies to fight on 85 seats each

After days of stalemate, Maha Vikas Aghadi of Congress, NCP (SP), and Shiv Sena (UBT) on Wednesday announced they would contest 85 seats each in Maharashtra Assembly elections.

Goldman cuts Indian equities to neutral on slowing growth

Analysts are becoming more divided on the outlook for India's stock market after an 11-month winning streak.

Hyundai Motor shares rebound over 4%

PICKING UP Hyundai Motor India Share price in ₹

Sebi plans options to future switch for single stocks

Move, akin to commodities futures, to ease risk around physical settlement

Sensex, Nifty end in red

Extending its losing streak to third day, benchmark Sensex declined by 138 points on Wednesday in a choppy trade as investors booked profits in auto, pharma and capital goods shares amid continued FPI outflows.

Growth trajectory to aid higher valuations for Persistent Systems

Midcap IT major Persistent Systems (PSYS) delivered a strong Q2FY25 performance which led to an 11 per cent uptick in its stock price on Wednesday. The company reported a 17 per cent growth in H1FY25 Annual Contract Value (ACV) and a 27 per cent growth in new ACV. There was margin consistency despite wage increases.

Small, midcap rally may lose steam

After a strong run in the midcap and smallcap indices, which surged 46 per cent and 43 per cent, respectively, on the National Stock Exchange (NSE) during Samvat 2080, analysts suggest that the rally in these segments may pause to catch its breath in Samvat 2081.

Decreased leverage: Debt/equity for listed SMEs at lowest in yrs

Part-II of the series examines the improving balance sheets of SME-listed companies and their relatively conservative approach to debt after Covid-19

When religion meets nationalism

BOOK REVIEW

Endless possibilities

Microsoft Excel continues to add value

Reaffirm trade

Doubts have been expressed over the past several years about the wisdom of signing free-trade agreements (FTAs).

Arm Holdings to scrap Qualcomm chip design licence

Arm Holdings Plc is cancelling a licence that allowed longtime partner Qualcomm Inc to use Arm intellectual property to design chips, escalating a legal dispute over vital smartphone technology.

Four killed in terror attack at Turkish defence company

Four people were killed and 14 others wounded in an attack at the Turkish Aerospace Industries' headquarters on Wednesday, the government said, and witnesses said they heard gunfire and a loud explosion at the site near Ankara.

Apple CEO Cook vows to invest more in China

Apple Inc's Chief Executive Officer Tim Cook (pictured) promised to keep investing in China during a meeting with Beijing's top technology official, underscoring the country's vital role in the iPhone maker's global operations.

McDonald's burgers linked to E coli outbreak

A severe E coli outbreak tied to McDonald's Quarter Pounders sickened dozens of people in the US, mainly in Colorado and Nebraska, and killed one, the US Centers for Disease Control and Prevention said.

4,300 tonnes of space junk and rising: Satellite breakup adds to woes

A large communications satellite has broken up in orbit, affecting users in Europe, Central Africa, West Asia, Asia, and Australia, and adding to the growing swarm of space junk clouding our planet's neighbourhood.

Boeing losses swell to $6bn; CEO pushes for turnaround

Ortberg calls for 'fundamental culture change' as crippling strike continues

Disputes shouldn't affect peace at border: PM to Xi

As part of their first bilateral meeting in nearly five years, Prime Minister Narendra Modi and Chinese President Xi Jinping on Wednesday directed officials to take forward talks on resolving the ongoing border dispute in Ladakh.

THAW IN TIES: HOW BILATERAL TRADE FARED IN LAST DECADE

Prime Minister Narendra Modi and Chinese President Xi Jinping held bilateral talks on Wednesday, the first formal meeting in half a decade. The trade and investment relation between the two countries has continued to remain robust despite the ups and downs in the bilateral ties.