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CCI approves Sanyo Special Steel’s additional 15.43 pc stake in Indian steel manufacturer

New Delhi , April 30 (ANI): The Competition Commission of India (CCI) has approved Sanyo Special Steel Co. Ltd.'s acquisition of a 15.43 per...

Kotak Mahindra Bank’s joint MD KVS Manian resigns

BENGALURU (Reuters) -Indian private lender Kotak Mahindra Bank said on Tuesday its joint managing director KVS Manian has resigned, after two months in the role. Manian, a veteran of close to three

Yen retreats after US data as eyes turn from Tokyo to Fed

By Chuck Mikolajczak NEW YORK (Reuters) -The yen stumbled against the dollar on Tuesday, relinquishing some of its sharp gains in the prior session sparked by suspected intervention by Japanese

Oil down on rising U.S. supply, Israel-Hamas talks

By Arathy Somasekhar HOUSTON (Reuters) -Oil dipped on Tuesday on the back of rising U.S. crude production as well as hopes of an Israel-Hamas ceasefire. Brent crude futures for June, which expire on

Combined Index of eight core industries increases by 5.2 pc in March

New Delhi , April 30 (ANI): Eight core industries including cement, coal, electricity and natural gas recorded a 5.2 per cent growth in March...

National Highways execution to decline by 7-10 per cent in FY25

New Delhi , April 30 (ANI): CareEdge Ratings has shed light on the current state of the Indian Roads & Highways Sector, pointing towards...

Generative AI could boost bank revenues by 6 pc in next three years: Accenture

New Delhi , April 30 (ANI); Banks across the globe could witness a substantial increase in revenues over the next three years by incorporating...

Manipal Hospitals scouts for aggressive growth: MD

Kolkata, Apr 30 (PTI) Manipal Hospitals, India's largest hospital chain with 10,500 beds, considers the figure to be "insignificant" in the context of...

Oil down on Middle East talks while investors await Fed meeting

By Noah Browning and Deep Kaushik Vakil LONDON (Reuters) -Oil edged lower on Tuesday after U.S. data showed healthy crude output and exports, extending losses prompted on Monday by hopes of an

Gold slips as Fed meeting looms, but set for third monthly gain

By Brijesh Patel (Reuters) - Gold prices slipped more than 1% to a one-week low on Tuesday due to an uptick in the dollar and U.S. Treasury yields, although strong safe-haven demand and central bank

On Camera

Tirupati controversy shows temples can’t run as public sector units. They must be privatised

A private temple could make crores by selling better laddus and investing in goshalas and captive production units to control quality.

After a brief surge, private investment & hiring has again turned cautious. Focus is on cutting debt

Financial year 2022-23 saw private investments & hiring surge, but since then firms are using cash to reduce debt. General elections didn’t help matters, either.

Indian envoy in Oman dons Army combat print for photo ops, sparks controversy

Ambassador Amit Narang wore combat uniform at closing ceremony of India-Oman joint military exercise. Only serving personnel can wear service uniforms, say veterans.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?