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Economy

Kotak Mahindra Bank shares tank 13 pc; mcap erodes by Rs 37,721 cr post RBI action

New Delhi, Apr 25 (PTI) Shares of Kotak Mahindra Bank on Thursday tanked 13 per cent after the RBI barred the firm from onboarding...

Fundraise of Rs 18,000 cr fresh lease of life for Vodafone Idea: Kumar Mangalam Birla

Mumbai, Apr 25 (PTI) Aditya Birla Group Chairman Kumar Mangalam Birla on Thursday said the Rs 18,000-crore fundraise by Vodafone Idea is a...

Stocks hit by tech slide; yen flails at intervention zone

By Ankur Banerjee SINGAPORE (Reuters) -Asian stocks fell on Thursday as disappointing earnings forecasts from Facebook parent Meta Platforms hammered tech shares, while the yen's slump past 155 per

Yen plumbs 34-year low as intervention risks grow

By Rae Wee SINGAPORE (Reuters) -The yen was pinned on the weaker side of 155 per dollar on Thursday as the Bank of Japan (BOJ) kicks off its two-day rate-setting meeting, leaving traders nervous as to

Indo-Japanese SME association on the anvil

Singapore, Apr 25 (PTI) An Indo-Japanese SME association is on the anvil to help small businesses from Japan enter the Indian market with support...

As India develops, problem of high food inflation will get less severe: RBI MPC member Ashima Goyal

New Delhi, Apr 25 (PTI) The problem of high food inflation will be "less severe" in India going ahead, as modern supply chains...

Oil steady as market weighs US demand concerns, Middle East conflict risks

By Jeslyn Lerh SINGAPORE (Reuters) - Oil prices were little changed on Thursday as falling fuel demand in the U.S., the world's biggest oil user, amid signs of a slowing economy contended with

Gold dips on profit-taking as price rally falters

By Sherin Elizabeth Varghese (Reuters) - Gold prices slipped on Thursday as investors booked profits after a sustained rally and pressure from institutional investors looking to raise cash, while

Benchmark indices open in red after 3-day rally

Mumbai (Maharashtra) , April 25 (ANI): Stock market indices opened on Thursday in decline after a three-day rally. The Nifty 50 index declined 60...

Stocks hit by tech slump; yen flails at intervention zone

By Ankur Banerjee SINGAPORE (Reuters) - Asian stocks fell on Thursday as disappointing earnings forecasts from Facebook parent Meta Platforms hammered tech shares, while the yen's slump past 155 per

On Camera

It’s time for the space programme to add to India’s economy: APJ Abdul Kalam

On 10 October 2003, India's then-President APJ Abdul Kalam addressed the memebers of the ISRO community recalling his association and the various successful missions.

10 yrs ago, battery leasing failed to boost demand for EV cars in India. Now, it’s making a comeback

Under this model, battery is provided to EV owners on a subscription basis or lease. With more people open to buying EV cars, the lower upfront cost could likely drive wider acceptance.

Morocco signs pact with Tata for joint manufacture of WhAP Infantry Fighting Vehicle

The armoured platform is India's first amphibious infantry combat wheeled vehicle. Last year, the Royal Moroccan Armed Forces had procured 90 military trucks from the Tata Group.

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?