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Economy

Eagle’s eye view of economy and markets.

Union Min Giriraj Singh lashes out at Rahul Gandhi over remarks on textile sector

PTI -
New Delhi, Jan 23 (PTI) Union Textile Minister Giriraj Singh on Friday lashed out at Congress leader Rahul Gandhi, saying that textile exports have...
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Forex reserves rise by USD 14 bn to USD 700 bn: RBI data

PTI -
Mumbai, Jan 23 (PTI) India's foreign exchange reserves jumped by USD 14.167 billion to USD 701.36 billion during the week ended January 16,...
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IndiGo profit plunges 78% as Dec meltdown with 3k flight cancellations takes a toll

Mihir Mishra -
Net income for InterGlobe Aviation Ltd slipped 78 percent to Rs 5.5 billion for the three months ended Dec 31 compared with the year-ago period.
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Rupee hits record low of 91.99 against US dollar in intraday trade

PTI -
Mumbai, Jan 23 (PTI) The rupee slumped 41 paise to hit a record low of 91.99 against the US dollar in intraday trade on...
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European Union suspends GSP export benefits; India says no impact on shipments

PTI -
New Delhi, Jan 22 (PTI) The European Union (EU) has suspended export benefits to sectors such as textiles and plastics under a preferential...
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Bandhan Bank Q3 net profit falls 51.7 pc to Rs 206 cr

PTI -
New Delhi/Kolkata, Jan 22 (PTI) Bandhan Bank on Thursday reported a 51.7 per cent decline in net profit to Rs 205.59 crore for...
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Definedge Securities launches algo trading platform for retail traders

PTI -
Mumbai, Jan 22 (PTI) Definedge Securities Broking, a Pune-based stock brokerage firm, on Thursday announced the launch of an algo trading platform for...
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FM meets delegation of farmers led by D Purandeswari

PTI -
New Delhi, Jan 22 (PTI) Finance Minister Nirmala Sitharaman on Thursday met a delegation of farmers led by BJP MP D Purandeswari ahead...
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Rupee recovers from all-time low to settle slightly higher at 91.58/USD

PTI -
Mumbai, Jan 22 (PTI) The rupee rebounded from its all-time low levels and ended with a gain of 7 paise at 91.58 against...
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DP World signs pact todevelop logistics hub in Madhya Pradesh

PTI -
New Delhi, Jan 22 (PTI) Logistics operator DP World on Thursday said it has signed an agreement with Madhya Pradesh to develop the...
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Opinion

Lego Krishna & porcelain politics of refugees — Chinese artist Ai Weiwei’s works come to India

+TFP Rama Lakshmi -
Chinese dissident artist Ai Weiwei opened his first solo exhibition in India last week at the capital’s Nature Morte art gallery, featuring artworks from the past two decades.

Controversial dog-walker IAS Sanjeev Khirwar is back in Delhi. What happened to his wife?

Palak paneer prejudice and the food racism Indians face abroad

Economy

IndiGo profit plunges 78% as Dec meltdown with 3k flight cancellations takes a toll

Mihir Mishra -
Net income for InterGlobe Aviation Ltd slipped 78 percent to Rs 5.5 billion for the three months ended Dec 31 compared with the year-ago period.

Defence

Rafale saga: 25 yrs of detours, deadlocks & political hesitation. Now IAF getting what it always wanted

+TFP Snehesh Alex Philip -
Instead of buying more Mirages outright in early 2000s, the requirement was tweaked in favour of a medium-weight, multi-role fighter with Mirage-like performance. 

National Interest

Pakistan se azaadi. Grow up India, stop giving it prime real estate in your psyche

Shekhar Gupta -
Pakistan not only has zero chance of catching up with India in most areas, but will inevitably see the gap rising. Its leaders will offer its people the same snake oil in different bottles.

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