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Economy

PNB finally emerging from Nirav Modi, Mehul Choksi’s shadow, reports profit

Punjab National Bank reports Rs 247 crore profit for December quarter, first since being afflicted by the Modi-Choksi scam in January last year.  

Tax rebate in interim budget to give relief & certainty to middle class: Revenue secretary

In an exclusive interview to ThePrint, Ajay Bhushan Pandey says Modi govt tried to present a balanced budget keeping in mind the financial implications. 

Modi’s borrowing plan wasn’t the only piece of bad news this budget

Global funds see more pain for India’s debt as budget math weighs

Job plan is missing link in Modi govt’s last budget amid drama over data

Much of the interim budget focused on consumer stimulus with few specific measures to create opportunities for about 12 million young Indians who enter the job market each year.

In poll-bound India, Modi’s politics is hurting Bezos, helping Ambani

Modi’s pitch to give local traders space in e-retail is curbing US retail giants such as Amazon who have committed billions of dollars.

Anil Ambani’s wireless bankruptcy could have one clear winner — Mukesh Ambani

Mukesh Ambani could have more bargaining power over assets of a company he helped dismantle by storming into the mobile phone market with free services.

Anil Ambani’s wireless unit plunges 54% on bankruptcy filing

Anil Ambani had agreed to sell RCom’s towers, spectrum and fiber assets to older brother Mukesh's company for Rs. 173 billion in 2017 to fend off bankruptcy action by creditors.

Time to switch to a four-day work week, it increases productivity, say two Davos experts

Figures show that countries with a culture of long working hours often score poorly for productivity and GDP per hour worked.

5 top insights about the future of work from world leaders at Davos

The future of work will be smarter, younger, more skilled and diverse according to Jack Ma, Ginni Rometty, Allen Blue, Muriel Pénicaud and John Flint.

This is where Modi govt is getting its money from for budget giveaways

Slew of measures in budget will cost exchequer over Rs 94,000 cr, for which govt is banking on higher RBI surplus, better disinvestment and corporate tax.

On Camera

Instagram reels on stoicism are the new rage — they can battle burnout and bigotry

The Romans’ version of stoicism is rapidly picking popularity on Instagram — Marcus Aurelius, Epictetus, and Seneca are some names that get thrown at you when you fire up your screen.

Government allows export of onions to six countries, sets buffer stock target

The government had imposed an export prohibition in order to ensure adequate domestic availability of onions in the country.

Germany removes restrictions, India can now buy small arms from its firms

Germany’s erstwhile Christian Democratic Union govt, led by Angela Merkel, prevented sale of small arms to police forces in states they perceived had ‘bad human rights record’.

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.