'No country has ever eliminated poverty with freebies': Infosys co-founder Narayana Murthy
Mar 13, 2025, at 02:15 pm
Mumbai: Infosys co-founder NR Narayana Murthy has criticised the practice of offering freebies by political parties to win elections, underscoring that such handouts play no role in poverty alleviation, media reports said.
After Airtel, now Reliance Jio inks deal with SpaceX to bring Starlink internet to India
Mar 12, 2025, at 12:34 pm
New Delhi/IBNS: After Bharti Airtel, Reliance Jio has signed a deal with Elon Musk's SpaceX to bring the Starlink broadband internet services to India.
Tata Technologies restructures leadership to boost client partnerships
Mar 12, 2025, at 12:18 am
Mumbai: Tata Technologies has announced leadership changes as part of its ‘One Team with Customers’ strategy to strengthen client integration across key sectors like automotive, industrial heavy machinery, and aerospace.
Adani Group emerges as highest bidder for Rs 36,000 cr Motilal Nagar redevelopment in Mumbai
Mar 12, 2025, at 12:02 am
Mumbai: Following its major role in the Dharavi slum redevelopment, Gautam Adani's group has emerged as the highest bidder for the Rs 36,000 crore redevelopment project of Motilal Nagar in Mumbai, PTI reported citing sources.
Wall Street plunges as Trump's new tariffs on Canada stoke economic slowdown fears
Mar 11, 2025, at 11:13 pm
New York: Wall Street's major indexes slid in volatile trading on Tuesday after US President Donald Trump announced fresh tariffs on Canadian imports, deepening concerns that his trade policies could slow economic growth, Reuters reported.
Shiv Nadar transfers 47% stake in HCLTech to daughter Roshni Nadar Malhotra
Mar 11, 2025, at 09:31 pm
Mumbai: HCLTech founder Shiv Nadar transferred 47% of his shareholding in two promoter entities — Vama Sundari Investments and HCL Corporation — to his daughter Roshni Nadar Malhotra through a gift deed, The Economic Times reported.
Airtel announces agreement with SpaceX to bring Starlink's high-speed internet to India
Mar 11, 2025, at 06:42 pm
Indian telecom major Airtel announced on Tuesday an agreement with SpaceX to bring Starlink’s high-speed internet services to its customers in India.
India’s thermal coal imports drop for sixth straight month in Feb amid weak manufacturing
Mar 11, 2025, at 06:24 pm
New Delhi: India's thermal coal imports, primarily used for power generation, declined for the sixth consecutive month in February, marking the longest such streak since February 2022, ship tracking data showed, according to a Reuters report.
India pushes for FTAs, eyes trade pact with US as reciprocal tariffs loom
Mar 11, 2025, at 06:14 pm
New Delhi: India is increasingly focusing on free or preferential trade agreements (FTAs) to reduce or eliminate customs tariffs and non-tariff barriers with partner countries amid shifting global trade dynamics, minister of state for commerce and industry Jitin Prasada told the Lok Sabha on March 11, Moneycontrol reported.
‘No Apr 2 deadline for India’: Centre denies committing to lower tariffs for US
Mar 11, 2025, at 05:20 pm
New Delhi: India has made no commitment to the United States regarding lowering tariffs, the Centre informed the parliamentary standing committee on external affairs during a meeting on Monday.
Sensex drops 400 points amid massive sell-off in US markets
Mar 11, 2025, at 09:49 am
The Indian Sensex dropped by 400 points during opening trade on Tuesday following a massive sell-off in the US market amid fear of recession.
Trump's tariff threats may boost India's economy, says ex-RBI deputy governor Viral Acharya: Report
Mar 10, 2025, at 11:08 pm
Former Reserve Bank of India (RBI) deputy governor Viral Acharya believes that US President Donald Trump’s tariff threats may have an unintended positive impact on India’s economy, Bloomberg reported.
Bengaluru Metro's Yellow Line, connecting Electronics City, set to open by May 2025
Mar 10, 2025, at 08:56 pm
Bengaluru: Karnataka’s capital city, Bengaluru, is all set to have its much-awaited Yellow Line Metro, connecting RV Road to Bommasandra and passing through the tech hub of Electronics City, operational by May 2025, Deputy Chief Minister and Bengaluru Development Minister DK Shivakumar said on March 4, media reports said.
Mar 10, 2025, at 08:42 pm
Bengaluru: The Karnataka government has proposed three potential locations for Bengaluru's second international airport and submitted the plan to the Union Ministry of Civil Aviation on Thursday, Deccan Herald reported.
GST officers detect Rs 1.95 trillion tax evasion in Apr-Jan FY25
Mar 10, 2025, at 05:34 pm
New Delhi: Central GST officers uncovered tax evasion amounting to Rs 1.95 trillion in 25,397 cases during the April-January period of the current fiscal, Parliament was informed on Monday.
Vikram Solar to set up 1gwh solid-state battery manufacturing facility, expand BESS portfolio
Mar 10, 2025, at 05:28 pm
Kolkata: Solar photo-voltaic module manufacturer Vikram Solar plans to setup a 1GWh fully integrated solid-state cell and battery manufacturing facility with proprietary Battery Management System (BMS) technology.
Volvo Car India launches its flagship SUV XC90 with feature upgrades in Kolkata
Mar 09, 2025, at 10:52 pm
Kolkata: Volvo Car India unveiled the new XC90 at SPL Volvo dealership in Kolkata on Friday.
RBI's aggressive cash infusions ease India's liquidity deficit from 15-yr high
Mar 09, 2025, at 10:21 pm
New Delhi: India is on track to bridge one of its worst liquidity deficits in the financial system, aided by the Reserve Bank of India's (RBI) proactive steps to infuse cash, Bloomberg reported.
Trump establishes strategic Bitcoin reserve using seized govt assets
Mar 09, 2025, at 07:26 pm
Washington: U.S. President Donald Trump has signed an executive order to create a strategic reserve of cryptocurrencies, specifically Bitcoin, using assets already owned by the government through criminal or civil asset forfeitures, dashing hopes for a direct government purchase of new tokens, Reuters reported.
BlackRock sees India as a key investment destination, advises higher allocation in portfolios
Mar 09, 2025, at 05:47 pm
BlackRock Investment Institute has reaffirmed its positive stance on India as a major investment destination despite near-term market volatility. According to Vivek Paul, Senior Portfolio Strategist at BlackRock, India offers robust structural growth opportunities, positioning it as a long-term winner in the global investment landscape.
Blue Star expands commercial refrigeration portfolio for summer 2025, covers diverse industries
Mar 09, 2025, at 04:27 pm
Kolkata/IBNS: Blue Star Ltd on Saturday announced expansion in its commercial refrigeration business with a wide range of products for the summer of 2025.
Mar 07, 2025, at 03:22 pm
Visakhapatnam/IBNS: Union Finance Minister Nirmala Sitharaman on Thursday said India will prioritise its interest and negotiate with the United States on trade related issues in the backdrop of Donald Trump's announcement of reciprocal tariffs for all countries.
How Mutual Fund Distributors Empower and Educate Investors: A Path to Financial Literacy
Mar 06, 2025, at 12:38 pm
New Delhi [India], March 5: Financial Literacy is the foundation of sound financial decision-making. Financial literacy means having the knowledge and understanding of various financial aspects of money management such as saving, budgeting, debt management and investing. Among these, investing is a crucial component of financial literacy essential for achieving long term financial goals and financial independence. However, for many, investing can be overwhelming especially with the wide array of financial products available. This is where Mutual Fund Distributors (MFDs) play a crucial role.
Are Instant Credit Cards Safe for Online Shopping?
Mar 06, 2025, at 11:55 am
Online shopping has never been more convenient, thanks to one-click purchases and instant Credit Cards. These cards are like virtual wallets, just a click away. But with all this convenience comes a big concern: Are instant Credit Cards really secure?
New income tax bill grants officials sweeping powers to access emails, social media, digital assets
Mar 05, 2025, at 04:51 pm
New Delhi: The recently proposed Income Tax Bill, 2025, has drawn attention not just for its aim to simplify tax laws but for a provision granting tax authorities extensive investigative powers, media reports said.
How to Understand Wealth Management Benefits
Mar 05, 2025, at 11:58 am
Planning for the future can seem challenging, regardless of the size of your wealth corpus. Whether it's managing your earnings from investments or planning how to safeguard an inheritance windfall, wealth management can be beneficial in various instances. Wealth management is defined as a comprehensive practice of strategically managing various aspects of an individual’s financial life including investments, taxes, estates, and more. This article offers a guide on understanding wealth management benefits to help you better plan your future.
Advantages of Short-Term Fixed Deposit Investing Over Long-Term
Mar 05, 2025, at 11:48 am
Introduction Fixed Deposits (FDs) are one of the most preferred investment options for individuals seeking safe and assured returns. However, choosing between short-term and long-term FDs can be challenging. While long-term FDs offer stability, short-term FDs provide better flexibility, higher liquidity, and adaptability to changing interest rates.
Sensex drops 96 points at 72, 989, Nifty plunges 36 points
Mar 04, 2025, at 06:07 pm
The Indian market extended loss for the third straight session with the BSE Sensex dropping 96.01 points to settle at 72,989.93 as selling pressure was seen in Auto, IT and Technology stocks.
Sudarshan Chemical completes acquisition of Heubach Group
Mar 04, 2025, at 04:39 pm
Sudarshan Chemical Industries Limited announced that through its wholly owned subsidiary Sudarshan Europe B.V., it has completed its previously announced acquisition of Germany-based Heubach Group in a combination of an asset and share deal.
Mar 04, 2025, at 12:30 pm
Washington DC: China is set to impose additional tariffs of 10-15% on certain US imports starting March 10, the Chinese Ministry of Finance announced, media reports said.