At ₹2.1 trn, gross GST collections in Apr highest ever

Net mopup rises 15.5% on strong domestic activity

Mubadala, Warburg in talks for Shriram Housing Finance

1 May UAE-based sovereign fund Mubadala Investment Company and Warburg Pincus are in talks with Shriram Finance to acquire a controlling stake in its subsidiary Shriram Housing Finance (SHFL).

M&M, TaMo, Maruti: Auto stocks to stay in fast lane

The uptrend in auto sector to continue in the near term, believe analysts

Parcel fraud: Suspect a scam call? Disengage immediately

Verify the call's authenticity; resist pressure to pay up or share sensitive information

FOPs ready to roll out bit-sized Reits

Many real estate ownership platforms to file with markets regulator under recently notified norms

ChrysCapital closes its $700 mn continuation fund

ChrysCapital on Tuesday closed its $700 million continuation fund, which will allow the private equity firm to hang onto its stake in the National Stock Exchange (NSE), which it first bought in 2016.

The post-June 4 challenges

Both majority and coalition govts will have to rule by consensus henceforth

Cloud over Surat amid election buzz

This election season, China is more than just a talking point in Gujarat's textile city, Surat, which has been in the news for producing a winner ahead of the polls.

Pichai a whisker away from billionaire tag

Alphabet Inc chief executive officer (CEO) Sundar Pichai (pictured) is on the cusp of achieving a rare milestone for a non-founder tech executive: a 10-figure fortune.

CANADA MEET SEES DIFFERENCES OVER LIMITING PRODUCTION Consensus eludes world's 1st plastic treaty talks

Nations made progress on a treaty to end plastic pollution, finishing the latest round of negotiations in Canada on Tuesday amid sharp disagreements about whether to put global limits on plastic production.

COLUMBIA UNIVERSITY PROTESTERS DEFY ORDER TO LEAVE, RISKING SUSPENSION

Student protesters continued to stay at Columbia University's West Lawn beyond a 2 pm deadline to clear out, defying warnings that they will be suspended for breaking multiple school policies.

Duty-free inputs used in export output are not export benefits/incentives

Last year, we obtained an advance authorisation and imported our inputs without payment of BCD, SWS, and IGST.

Equations getting better for chemicals MSMEs

Prospects of the domestic chemicals industry appear to be brightening as demand revives and inventories normalise.

March core sector growth climbed down to 5.2%

The growth in output of eight key infrastructure industries - known ☐ as the core sector - slowed to 5.2 per cent year-on-year (Y-o-Y) in March from 7.1 per cent in February on the back of a sequential deterioration recorded by five of its constituents.

Public capex behind India's growth: IMF

Strong public investment supported by resilient domestic demand has made India the world's fastestgrowing major economy, the International Monetary Fund (IMF) said.

Amid mounting pressure, JD(S) suspends Revanna

The Janata Dal (Secular), or JD(S), on Tuesday suspended its Hassan Lok Sabha member Prajwal Revanna from the party over an alleged sex scandal, a decision that the Bharatiya Janata Party (BJP), an ally, welcomed.

BJP, JD(S) PARTNER TO SECURE 'GOLD FIELDS'

The Congress has lost the Kolar seat, known for the Kolar Gold Fields, and believed to have the highest percentage of Scheduled Castes in any seat across the country, only twice since 1951-52.

Makhana traders demand policy refit for opportunity pop-up

United Kingdom returnee and seasoned corporate employee Manish Anand Jha, who worked for over 27 years in the construction business, has made a comeback to Madhubani, driven by his 'love for the land', aiming to set up a makhana (puffed foxnut or gorgon nut) processing plant at the age of 47.

Plan to add 1,100 beds on top of the already existing 10,500

Leading hospital chain Manipal Hospitals has been on an expansion spree, solidifying its position as India's largest hospital by bed count.

Vistara executive suspended over lapses in pilot training

The vice-president (VP) of Vistara airline's pilot training was on Tuesday removed by the Directorate General of Civil Aviation (DGCA) over lapses in conversion training of pilots, which involved preparing narrow-body pilots to fly wide-body aircraft.

'Want to be market leader in Business AI by 2025'

For the global software giant SAP, India remains a fast-growing market. According to the firm's senior management, India is the fastest-growing country in the Asia-Pacific region. MANISH PRASAD, who recently assumed the role of president and managing director of SAP Indian Subcontinent, says that maintaining and accelerating the pace of growth in the Indian market is a key priority. In his first interview since his appointment, he talks to Shivani Shinde on the sidelines of SAP Now, its flagship customer event in Mumbai, about his focus for India. Edited excerpts:

Wipro bags Nokia AI deal

Multimillion-dollar deal to revamp digital workplace services

Brokerages bullish on ICICI Bank stock after Q4 results

Bank's market cap zoomed past 8 trillion mark and settled at ₹8.14 trillion

Backed by banking stocks, benchmarks gain 1%

The Sensex and the Nifty 50 on Monday gained over 1 per cent each, driven by sharp increases in banking stocks following better-thanexpected quarterly profits from index heavyweight ICICI Bank.

Tone and substance

Subtle shifts in the texture of Sino-US ties

AI startups face rough financial reality check

Table stakes for small firms to compete are in billions of dollars. And even that may not be enough

G7 nations reach deal to exit from coal by 2035

Energy ministers from the Group of Seven (G7) wealthy countries reached a deal to shut down their coal-fired power plants by 2035 at the latest, in a significant step towards the transition away from fossil fuels.

Manipal Hospitals to take 87% in Medica for ₹1.4K cr

Deal will make it India's largest hospital chain with over 10,500 beds

States need time to hold wider talks: Govt to SC

STANDARDISED RATES FOR HOSPITALS SANKET KOUL

UPI credit line: NPCI may go easy on interchange fee

Could be kept at 1-1.2% in a bid to push adoption