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Economy

India should go up the value chain in electronics components manufacturing: MeitY Secy

Kolkata, Dec 19 (PTI) India should move up the value chain in the manufacture of electronics components from the present levels of 15...

Sensex, Nifty hit new record highs on firm global trends, buying in FMCG, oil shares

Mumbai, Dec 19 (PTI) Benchmark equity indices Sensex and Nifty scaled new lifetime high levels in intra-day trade on Tuesday before closing with gains...

India’s BSE to levy additional exposure margin on derivatives

BENGALURU (Reuters) - Indian stock exchange operator BSE on Tuesday said its unit Indian Clearing Corporation will impose an additional 15% exposure margin on securities under market wide position

RBI tightens norms to check evergreening of loans by lenders through AIFs

Mumbai, Dec 19 (PTI) In a move to curb "evergreening" of loans, the Reserve Bank on Tuesday barred banks and NBFCs from investing...

Gold rises Rs 50, silver slumps Rs 250

New Delhi, Dec 19 (PTI) Gold edged higher by Rs 50 to Rs 62,800 per 10 grams in the national capital on Tuesday...

Oil steadies as U.S. leads push to safeguard Red Sea vessels

By Alex Lawler LONDON (Reuters) -Oil steadied on Tuesday as investors considered the potential impact on oil supply from attacks by Yemen's Iran-aligned Houthi militants against ships in the Red Sea,

Telecom Bill 2023 progressive, forward-looking, brings predictability: Industry captains

New Delhi, Dec 19 (PTI) The industry on Tuesday said the new telecom Bill introduced in the Lok Sabha is progressive and forward-looking,...

India’s Varun Beverages to buy The Beverage Company for $159 million

BENGALURU (Reuters) - Pepsi India bottler Varun Beverages on Tuesday said it will acquire South Africa-based The Beverage Company as well as its units in a deal at an enterprise value of 13.2 billion

Sales of Apple Watch Series 9 to be halted over a patent dispute: Report

Washington , December 19 (ANI): Apple will be halting sales of its Series 9 smartwatches, TechCrunch has reported. This follows an October ruling by...

Gold quiet as uptick in US dollar offsets falling yields

By Anjana Anil (Reuters) - Gold prices were subdued on Tuesday as a slight uptick in the dollar countered support from falling Treasury yields, while investors await U.S. economic data due this week

On Camera

How a North Indian Muslim woman saw Wayanad—inclusive mosques, mangalsutras for non-Hindus

Mosques in Rahul Gandhi's Wayanad constituency have designated sections for women to pray, a contrast to North Indian mosques where women are typically not allowed inside.

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.