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May 09, 2024

Home-cooked veg thali 8% costlier in April

Pricier onion, tomato and potato increased the cost of a home-cooked vegetarian thali by 8 per cent in April to ₹27.4 compared to ₹25.4 in the same month last year, said a report on Wednesday.

1 min

Depending on rain gods not a solution for forest fires: SC

The Supreme Court on Wednesday said cloud seeding or \"depending on rain gods\" is not the answer to the raging forest fires in Uttarakhand and that authorities will have to take preventive measures to tackle the problem.

1 min

Google launches wallet app in India

Tech giant Google on Wednesday launched the Google Wallet app in India, enabling users to store and retrieve digital documents like boarding passes, loyalty cards, movie tickets, and more.

1 min

Tailor health insurance riders to your family's medical history

Understand exclusions in each rider to avoid surprises at the time of claim

2 mins

It's time to 'stock' up for those with risk appetite

Poll jitters, rich valuations to blame for muted May for markets, say analysts

3 mins

Mutual funds go on ₹900 crore gilt selling trip in May

The stance of Mutual Funds (MF) in the government bond market has shifted in May, with fund houses now engaging in a selling spree, offloading around 900 crore worth of bonds so far.

1 min

Demat additions in April built on best ever quarter

Over 3 million accounts added for fifth straight month

3 mins

Fund houses bet on 'special' opportunities as uncertainties loom

Mutual funds are looking to tap into the special opportunities theme ahead of the results of the general election and the continued uncertainty on the geopolitical and interest rate fronts.

2 mins

New product launches, margins to drive gains for Godrej Consumer Products

Godrej Consumer Products (GCPL) reported 6 per cent yearon-year (Y-o-Y) consolidated net revenue growth in Q4FY24 to 3,385 crore and this was impacted adversely by currency movement.

2 mins

Getting India’s growth priority right

To catch up with peers, not only in size but also in per capita income, India must focus on health and education

2 mins

Transforming manufacturing Dependence on PLI should be contained

Intending to formulate a production-linked incentive (PLI) scheme for electronics-component manufacturing, the Ministry of Electronics and Information Technology, as reported by this newspaper, has asked various stakeholders to share information related to India's disabilities against competing countries, export potential, major buyers of components and sub-assemblies, and foreign and domestic firms planning to set up manufacturing plants in the country.

2 mins

Regulating the regulators Govt must strengthen accountability

Contamination in packaged spices, eye drops, and children's cough syrups; misinformation in advertisements for an Ayurvedic medicine; revelations of high sugar content in baby food; and the mislabelling of sugared food products as \"health drinks\".

2 mins

BITs in pieces

Countries sign Bilateral Investment Treaties (BITS) to attract foreign investments to enhance manufacturing, generate jobs, and seek new technologies for sustained economic activity.

3 mins

We're back to bijli, sadak, paani

A head of elections, fierce debates have broken out in resident welfare associations (RWAS) in the country's most famous high-tech Millennium City that somehow manages to thrive on the most low-tech quality of civic infrastructure.

3 mins

AWS breaks into Europe 5G networks with Telefonica deal

In a global first, an existing mobile operator will switch its core network to a public Cloud

2 mins

AstraZeneca withdraws Covid vaccine globally

AstraZeneca Wednesday announced the global withdrawal of its Covid-19 vaccine, Vaxzevria, days after it was reported that the British pharmaceutical giant admitted the jab can cause rare side effects like blood clots and low platelet counts.

1 min

US commerce dept revokes export licences to Huawei

Considers regulatory push to restrict export of closed source Al models

3 mins

FTX customers to recover funds lost in collapse

REUTERS 8 May Crypto exchange FTX will have between $14.5 billion to $16.3 billion to pay its creditors and customers, according to an amended reorganisation plan filed by the company on Tuesday in US bankruptcy court.

1 min

India Inc'surprised' at PM's Adani-Ambani jibe at Rahul

Leaders of India Inc expressed surprise at Prime Minister (PM) Narendra Modi's remark that Congress leader Rahul Gandhi has suddenly stopped talking about (Mukesh) Ambani and (Gautam) Adani in the ongoing election while suggesting that a \"secret deal\" may have been struck between Congress and the business leaders.

1 min

PSUs not in disarray, thriving under Modi regime: Sitharaman

'Net worth of CPSES increased 82% in 9 years'

2 mins

Ready to support Cong to bring down BJP govt: JJP

Haryana CM Nayab Singh Saini said his govt not in any trouble

1 min

The road to Delhi goes via Kanpur

Kanpur Lok Sabha constituency is a bellwether of India's voting behaviour, boast keen observers, mostly comprising the city residents.

1 min

Pitroda sparks debate with 'racist' remarks

Resigns as chairman of Indian Overseas Congress

2 mins

Temple narrative no guarantee for win

Voters in Odisha's Puri and Sambalpur say local issues, poll dynamics matter

3 mins

India can grow 6.5-7% over next decade: CEA

India could continue to grow at a rate of 6.5-7 per cent over the next decade with better balance sheet strength in the financial and non-financial sectors, Chief Economic Advisor (CEA) V Anantha Nageswaran said on Wednesday.

1 min

Shares given as gift may escape capital gains tax

This may happen if an HC ruling sets a precedent

1 min

Restrictions on Bank of Baroda's BOB World lifted

The Reserve Bank of India (RBI) lifted the curbs on BoB World - the mobile application (app) of Bank of Baroda with immediate effect, the bank said in a notification to the exchanges.

1 min

Share of Hindus shrunk 7.8% between 1950 and 2015

EAC-PM study says barring Parsis and Jains, share of all other religious minorities surged; Muslim population grew 43%

2 mins

NPCI ISSUES NORMS FOR MERCHANT ACQUISITION - Banks to verify details for BHIM Aadhaar Pay

The National Payments Corporation of India (NPCI), in a circular, has issued guidelines that put the onus of verifying merchant details on acquiring banks for BHIM Aadhaar Pay.

1 min

Developers wary of RBI's draft infra lending norms

'Higher provisioning may slow sector, but good for long term'

2 mins

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