'We are now awaiting a response from the US; they have to get back to us.'
Opening up the corner office is fine, but will the government be able to attract talent without giving a market-rate salary?, asks Tamal Bandyopadhyay.
India's new climate pledge to the UN could be weakened by its growing use of coal, even as the country plans a 2035 roadmap to cut emissions and boost clean energy.
The United Nations has said that the verdict against Bangladesh's ousted prime minister Sheikh Hasina on charges of crimes against humanity is an 'important moment' for the victims, but expressed regret over the imposition of the death penalty.
Adani Group said on Friday it will invest around Rs 1 trillion in various sectors of Andhra Pradesh over the next ten years, deepening its commitment in the state where it will partner with Google for an artificial intelligence (AI) hub in Visakhapatnam.
India's merchandise trade deficit widened to a record $41.68 billion in October, as gold imports trebled and outbound shipments registered their sharpest contraction in 14 months, according to data released by the commerce department.
India's industrial production growth remained steady at 4 per cent in September this year due to the good performance of the manufacturing sector, according to official data released on Tuesday. The factory output, measured in terms of the Index of Industrial Production (IIP), had expanded by 3.2 per cent in September 2024.
ITC Hotels on Friday reported nearly 74 per cent rise in consolidated net profit for the second quarter ended September at Rs 133.29 crore, on higher revenue from operations. The company, which listed on the stock exchanges earlier this year post its demerger from ITC Limited, had posted a net profit of Rs 76.63 crore a year ago.
Stock market sentiment is likely to remain optimistic going ahead, though some consolidation cannot be ruled out after the recent sharp rally in the benchmarks, analysts said. According to experts, the Nifty and Sensex could indeed move towards new record highs before the end of the year, if global cues stay supportive, crude oil prices remain benign and there is continued domestic earnings momentum.
India and Russia have agreed to jointly produce a twin-engine narrow-body passenger aircraft for short-haul flights, marking a significant step in their strategic ties. Hindustan Aeronautics Ltd (HAL) and Russia's Public Joint Stock Company United Aircraft Corporation (PJSC-UAC) have signed an agreement for the production of SJ-100 aircraft in India.
India offset the decline in exports to traditional destinations by sharply ramping up shipments to Jordan (18,086 per cent), Hong Kong (17,006 per cent), Spain (13,436 per cent), the Philippines (2,235 per cent), and Namibia (1,068 per cent) in H1FY26.
From the Sensex pack, Asian Paints, ICICI Bank, PowerGrid, Larsen & Toubro, Bajaj Finserv, Bharti Airtel, Sun Pharmaceuticals, Maruti Suzuki India, Axis Bank, UltraTech Cement and HCL Technologies were the only gainers. On the other hand, Eternal, Tata Motors' commercial vehicles arm, Mahindra & Mahindra, Tata Steel, Bharat Electronics Ltd, Tata Motors Passenger Vehicles, Trent, Tata Consultancy Services, Hindustan Unilever, and Infosys were among the laggards.
The Indian government has expressed its disagreement with the IMF staff's 'baseline' assumption that the 50 per cent US tariffs on its goods exports 'would remain in place indefinitely', based on which the staff pegged the country's GDP growth at 6.6 per cent this year, and pared its 2026-27 projection by 20 basis points to 6.2 per cent.
If they act now, they can reshape the strategic map of Asia without firing a shot. If they wait, the next opportunity will come only after a serious Taiwan Strait incident -- by which time the price will be far higher, and the room for boldness far smaller -- the opportunity may well be lost by then. The question is no longer whether this can or should be done, points out Varun Arya.
'An asset must generate income. Equities yield dividends, bonds pay coupons, deposits give interest, and real estate earns rent.' 'Gold, silver, and even Bitcoin produce no income, they merely store value. So, they should not be compared to productive assets.'
Indian Space Research Organisation is gearing up for one of its busiest times with seven more launches planned this financial year, even as India's first human spaceflight remains scheduled for 2027, its chairman V Narayanan said.
The Supreme Court on Wednesday asked the Commission for Air Quality Management (CAQM) to consider directing schools in Delhi-NCR to postpone open air sports competitions planned in November and December to 'safer months' keeping in mind air pollution levels.
Inflation data, quarterly earnings and global trends will be the major driving factors for stock markets this week, analysts said. Moreover, the trading activity of foreign investors would also influence the equity market trends.
Canadian firm Manulife and Mahindra & Mahindra (M&M), an Indian automaker with interests in financial services, have signed an agreement to form a 50:50 life insurance joint venture (JV) with a total capital commitment of up to Rs 3,600 crore each totalling Rs 7,200 crore.
The girl's sister in the complaint alleged that her younger sister, on October 26, around 7 pm, had gone to the Sector 18 market, the police said.
From the Sensex pack, Asian Paints, Tech Mahindra, Tata Consultancy Services, Bajaj Finserv, Adani Ports, HCL Technologies, Bharti Airtel, Infosys, Trent, Reliance Industries, UltraTech Cement, Sun Pharmaceuticals, Eternal, Titan and Bajaj Finance were the gainers. On the other hand, Tata Steel, Tata Motors Passenger Vehicles, Tata Motors Commercial Vehicles, Bharat Electronics, Kotak Mahindra Bank and PowerGrid were the laggards.
Assam Chief Minister Himanta Biswa Sarma announced the arrest of 17 individuals for praising the Delhi blast on social media, emphasizing a zero-tolerance policy and ongoing investigations into online posts.
The bench of Chief Justice Sheel Nagu and Justice Sanjiv Berry disposed of the petition filed by the Sanyukt Ahir Regiment Morcha and others seeking a stay on the release of the movie, which is based on the 1962 Battle of Rezang La.
The Punjab and Haryana High Court has directed the Centre to decide on a representation challenging the certification and release of the film '120 Bahadur'. The petitioners allege historical inaccuracies in the movie's portrayal of the Battle of Rezang La.
'...aggressive pricing amid volatility, but these are exceptions.'
...compared with 153,000 in all of 2024.
The government is developing ports across the country as centres for green hydrogen production and export, Sarbananda Sonowal, minister of ports, shipping and waterways (MoPSW) said on Tuesday. "Across the country, over 12 million tonnes of green hydrogen-based e-fuel capacity has been announced.
Jio Platforms Limited is likely to have a valuation of $148 billion by the time it goes public on the back of strong free cash flow and potential deleveraging, ICICI Securities said.
Security agencies are investigating how a terror module acquired and stored a large quantity of Ammonium Nitrate, suspected to be used in a recent deadly blast. The investigation focuses on the logistics and procurement network of the busted inter-state terror cell and highlights the ease with which restricted chemicals can be weaponized.
'This is an area where good lending can happen, and that is one of the priorities for the next quarter.'
'I will not be surprised if there is a 7 per cent handle in front of the decimal place for the full financial year.'
Passive funds appeal to investors seeking to avoid the risk of underperformance by the fund manager and minimise the need for frequent chopping and changing of funds.
The Indian steel industry is faced with a paradox: Rising demand and falling prices. Demand continues to surge as user industries gather pace, with the World Steel Association projecting around 9 per cent annual growth for India over 2025 and 2026, the year domestic demand is projected to be almost 75 million tonnes (mt) higher than in 2020.
The best course for the government at this time would be to tighten the seat belt a little more, without compromising on its investments in creating better infrastructure and giving a push to privatisation, points out A K Bhattacharya.
Surendra Koli, accused in the infamous Nithari serial killings, has been released from the Luksar district jail in Greater Noida, a day after the Supreme Court acquitted him in the last pending case linked to the 2006 serial murders that had shocked the nation, officials said on Thursday.
'The net inflows into MF schemes may also have been lower last month, with investors booking profit and taking a more measured approach amid elevated valuations.'
A car dealer from Faridabad has been detained in connection with the Red Fort blast case. Delhi Police has directed second-hand car dealers to verify and share details of recent vehicle sales.
Delhi Police solved the murder case of a Delhi Jal Board engineer using CCTV footage showing the suspect wearing a hoodie. The accused, a history-sheeter, confessed to the crime and has been arrested.
A class 11 student in Gurugram was shot and critically injured allegedly by a classmate using his father's licensed pistol. Police have apprehended two minor students and recovered the weapon.
An American lawmaker will be introducing a bill to "completely eliminate" the H-1B visa programme and take away the pathway to citizenship that it offers, "forcing" individuals to "return home" when their visa expires.
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