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Economy

Dollar inches down as heavy week of data begins

By Caroline Valetkevitch NEW YORK (Reuters) -The dollar edged lower against a basket of major currencies on Monday ahead of U.S. durable goods orders and an inflation reading this week that could

Paytm Payments Bank crisis: Vijay Shekhar Sharma steps down as PPBL Chairman; board reconstituted

New Delhi, Feb 26 (PTI) Vijay Shekhar Sharma has stepped down as part-time non-executive Chairman of Paytm Payments Bank Limited and the board of...

Gold subdued as traders ready for US inflation data

By Ashitha Shivaprasad (Reuters) - Gold inched lower on Monday as the market focus shifted to U.S. inflation data due this week which could influence the timeline of Federal Reserve interest rate cuts

Providence Health beefing up India workforce to serve more clients

By Leroy Leo HYDERABAD (Reuters) -U.S. hospital chain Providence Health will more than double its India headcount to 3,500 people next year as it ties up with more hospital operators to provide

Sitharaman asks RBI to hold monthly meetings with startup, fintech firms

New Delhi, Feb 26 (PTI) Finance Minister Nirmala Sitharaman on Monday asked Reserve Bank of India to hold monthly meetings with startup and...

Rupee settles 3 paise higher at 82.88 against US dollar

Mumbai, Feb 26 (PTI) The rupee gained 3 paise to settle at 82.88 against the US dollar in a range-bound trade on Monday,...

India expresses serious concerns in WTO meet over unilateral protectionist measures

New Delhi, Feb 26 (PTI) India on Monday expressed "serious" concerns in a WTO meeting in Abu Dhabi over increase in the use...

Khadim India distribution biz demerger by Sept, margin to improve by 100-200 bps

Kolkata, Feb 26 (PTI) Leading footwear company Khadim India Ltd is expecting to complete demerger of its distribution business by September this year...

Vijay Shekhar Sharma steps down as Paytm Bank chairman, board reconstituted

PPBL has reconstituted its Board of Directors with the appointment of Ex-Central Bank of India Chairman Srinivasan Sridhar, retired IAS officer Debendranath Sarangi among others.

CBDT identifies mismatches in ITRs, third party info

New Delhi, Feb 26 (PTI) The Income Tax department on Monday said it has identified mismatches in ITRs filed by some taxpayers and...

On Camera

Prajwal Revanna case shows why and how sexual crimes by men in politics can go unchecked for years

It would be a disservice to the women of Hassan to look at Prajwal Revanna’s alleged abuse of power as a ‘sex scandal’. Allegations against him show what ‘absolute power corrupts absolutely’ actually means.

High capacity usage, fresh borrowings & new orders — why FY25 could be a big year for pvt investment

Companies are borrowing more from banks and public. Economists say high capacity utilisation & growing new orders could set stage for renewed investment push by India Inc.

China builds road through Shaksgam Valley, India registers protest

New Delhi has, in past, too, objected to Chinese construction activities in Shaksgam Valley. Work in this strategic region gathered pace after the 2017 Doklam stand-off.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.