World rate paths set to diverge with ECB's cut

The European Central Bank (ECB) could open the door to a weaker euro on Thursday as its first interest-rate cut of the cycle puts the region on a divergent policy path from the US.

Investors flock to Aramco share sale to raise $13 bn

Offer sells out in hours

Prospect of peaceful 'reunification' with Taiwan being 'eroded': China

China lacks the confidence to engage in dialogue, says Taiwan

Losses for non-aligned regional parties could be BJP's gains in Lok Sabha polls

Archis Mohan analyses exit poll projections for the BJP and the rest

Tamang's SKM bags all but one seat in Sikkim

Getting ready to implement my nine guarantees, says CM

There's no match for BJP and Khandu in Arunachal

Bagging 10 seats without a contest, the party secures an even bigger mandate for 3rd term

Forecast of big BJP win may propel markets

Domestic equity markets are set to gain as much as 2 per cent on Monday after the exit polls released on Sunday projected the ruling National Democratic Alliance (NDA) to win two-thirds majority in the Lok Sabha elections.

Manufacturing telecom gear in India may get a ₹3,000 cr push

In a bid to raise domestic manufacturing of telecom gear, a key government fund aimed at research and development (R&D) in the telecom space may be expanded in the next few months, officials from the department of telecommunications (DOT) said.

Soft power through WCT20 can help our businesses

India's soft power is set to go up a notch or two with the T20 cricket World Cup (WCT20) being held this month, partly in the United States.

Three GMs to take charge of TMB ops

Tuticorin-based Tamilnad Mercantile Bank (TMB) has constituted a three-member Committee of Executives (COES) to oversee its administration and operations.

CAD may show dip in Q4 as net exports hit 11-quarter high

India's current account deficit (CAD) may dip further in the March quarter of FY24 as pressure from the negative net exports during the January-March period eased to an 11-quarter high.

CBIC steps up vigil over imports of unbranded gold jewellery

The Central Board of Indirect Taxes and Customs (CBIC) has stepped up its watch on the import of unbranded gold jewellery amid a spurt in seizures on international borders and from importers.

FinMin may extend August deadline for PSBs, insurers

Five PSBs are planning to reduce government stake to less than 75%

Divergent views emerge at IAMAI

Four members of the Internet and Mobile Association of India (IAMAI) have expressed a divergent stance on the proposed Digital Competition Bill (DCB), and have written to the Ministry of Corporate Affairs (MCA) to quickly implement regulations that prevent anticompetitive practices.

Samir Modi files FIR against mother after alleged assault

Godfrey Phillips Executive Director Samir Modi has lodged an FIR in New Delhi's Sarita Vihar police station, alleging that his mother Bina Modi and Lalit Bhasin, one of the company's board members, orchestrated an assault on him during the board meeting.

Toppvt hospitals see rise in revenue per bed in FY24

Major Indian private hospital chains have posted an increase in average revenue per occupied bed (ARPOB) per day in the financial year 2023-24 (FY24).

Major 18 listed builders sell properties worth 1.17trn

Eighteen major listed real estate developers sold properties worth 1.17 trillion during the last financial year with Godrej Properties becoming the largest player posting ₹22,527 crore of sales bookings.

EV sales dip in May on incentive cut

Elections, hybrid shift other causes behind 22% fall in sales

Centre must encourage both hybrids, EVs: Maruti

The government must encourage both hybrid and electric vehicles (EVs) as they are not in competition with each other when it comes to the country's aim of achieving carbon neutrality by 2070, said Rahul Bharti, executive officer, corporate affairs, Maruti Suzuki India Limited (MSIL).

Copper rally hits scrap firms to electric gear manufacturers

The global rally in copper prices has made Indian companies across the copper-to-electrical end-use value chain incur losses even as they try to deal with the situation by holding inventory, hedging, and hiking prices.

Adani group shunned price war, addressed market efficiencies'

Two years after Gautam Adani's conglomerate announced plans to acquire India's second-largest cement maker, speculations over a likely price disruption on the sale side have since settled.

LIC's Adani group portfolio value up 52% at ₹66K crore

Government-owned Life Insurance Corporation of India (LIC) has seen substantial gains from its investments in Adani group shares, which have experienced a significant recovery over the past year.

Spectrum auction may be muted as deposit lowest since '13

Mock auction begins today, actual bidding from June 6

PM chairs multiple meetings with a day to go for counting

On Sunday, with the counting of votes for the 2024 Lok Sabha polls a day away, Prime Minister Narendra Modi chaired a series of meetings, including one to review the new government's 100-day agenda and another to assess the heatwave situation in the country.

MPC may maintain status quo for 8th time in a row

Respondents cite moderate inflation data, outlook for food prices, high growth

Online sales blaze as consumers click to stay cool

Online sales have surged during the heatwave, with consumers opting to stay indoors to avoid the scorching heat and shop online instead.

Tamil Nadu likely to be hub for TaMo-JLR's EV exports

June Tata Motors is likely to make Tamil Nadu a hub for exporting electric vehicles (EVS) based on the Electrified Modular Architecture (EMA) from Jaguar Land Rover (JLR), sources close to the development said.

Rising mercury quenches FMCG thirst

With heatwave persisting in most parts of the country, fastmoving consumer goods (FMCG) companies continue to report a sharp increase in the sales of summer-centric products like ice creams and cold beverages.

Indian-American Bruhat Soma wins National Spelling Bee

Bruhat Soma, a 12-year-old IndianAmerican seventh-grade student from Florida, has won the Scripps National Spelling Bee after he spelt 29 words correctly in the tiebreaker, maintaining the dominance of the children from the small ethnic community in the prestigious competition.

Charging ahead

Chandra tells SOHINI DAS why he is determined to focus on net carbon zero rather than lose track to distractions