Home Economy Page 99


A laborer walks near the JSW Steel Ltd. manufacturing facility in Dolvi, Maharashtra. Photographer: Dhiraj Singh/Bloomberg

In global expansion bid, JSW Steel invests $1 billion in US

JSW Steel is betting that vibrant growth will underpin demand in overseas markets and complement a boom at home.
Latest news on working women in India | ThePrint.in

Maternity benefits may cost 1.8 million Indian women their jobs

A TeamLease survey shows women will lose their jobs across 10 sectors in the 2019 fiscal because of the new Indian law.
Customers eat at a Domino's Pizza outlet, operated by Jubilant Foodworks Ltd.

Record sales for Pizza and beer in India as FIFA follows IPL season

Jubilant Foodworks Ltd, which operates local franchise of Domino’s Pizza and Kingfisher beer, has tripled its market value over the past year.
US President Donald Trump with a Harley Davidson bike

Jitters in corporate US as business icons Harley-Davidson & Jack Daniel’s feel tariff pain

EU duties alone are likely to hit companies dealing with a range of goods, from packaged food and soft drinks to jeans.

Two hedge funds accuse real-estate developer IREO of $1.5 billion fraud

Investors allege IREO MD created a web of shadow firms to siphon money from the fund.
File image of Vijay Mallya | Commons

Vijay Mallya breaks his silence, calls himself the poster boy of bank default

Mallya says that the CBI and ED filed chargesheets against him 'with various untenable and blatantly false allegations' 
A pedestrian walks past an IDBI Bank Ltd. automated teller machine (ATM) branch in Jaipur. Photograph: Sanjit Das/Bloomberg via Getty Images

Selling IDBI stake to LIC is not medicine, it’s bureaucratic quackery

LIC’s customers signed up to protect their own lives – not that of a dying financial institution.
Latest news on demonitisation | ThePrint.in

RBI quietly buries Rs 1,000 notes even as ATMs struggle to dispense Rs 200 notes

Months after demonetisation, cash injection efforts still sluggish, experts warn it could affect economy. New Delhi: More than 18 months after demonetisation, efforts by the...
File image of Kamal Mahajan in his office in Mumbai | Bloomberg

How Bank of Baroda beat India’s worst bond-market rout in two decades

Bank of Baroda official Kamal Mahajan says it all began with a contrarian bet taken two years ago. Kamal Mahajan says he’s being asked just...
The stalled Matrishri Usha Jayaswal Thermal Power Plant stands in Bana, Jharkhand

Deserted Jharkhand power plant is a $38 billion warning for Indian banks

Banks have had to write off three quarters of loans, after selling the operating company of the Jharkhand power plant.

On Camera

‘A rich Muslim’s expense on Umrah marriage can teach 3 lakh poor Muslim kids for 18 yrs’

Muslim scholars say 84% of Indian Muslims earn less than Rs 50 a day, and want the community to cut spending on lavish weddings, multiple pilgrimages.

Should Indians support Bhushan Kumar’s T-Series in YouTube subscriber race against PewDiePie?

Bhushan Kumar’s T-Series and vlogger Felix Kjellberg aka PewDiePie are fighting to attain the number one spot in terms of subscribers on YouTube.


Indian Army | representational image | Waseem Andrabi/Hindustan Times via Getty Images

Army personnel killed in firing by Pakistani troops in J&K’s Poonch district

The border skirmishes witnessed a spurt after India's air strike on JeM terror camp in Balakot in response to Pulwama attack that killed 40 CRPF personnel.
National Interest

Why Rahul Gandhi’s Congress is in danger of morphing into a clueless NGO

Congress has questions but no answers, ‘leaders’ but no winners. Weeks before polls, it’s behaving like a virtuous, anti-establishment NGO just doing its thing.