Page 174 - Latest News

Adani Group joint venture in talks for 1st offshore loan since Hindenburg

AdaniConneX Private Ltd would use this $200 mn loan for capital expenditure, with a five year tenor under discussion

General Motors' 5,000 salaried workers take buyouts to leave company

GM will take a $1 billion charge in the first quarter, he said. The company had previously projected $1.5 billion in charges related to staff reductions

Ambani regains Asia's richest person spot, Adani tumbles to 24: Forbes

Steel magnate Lakshmi Mittal was ranked at No. 5 followed by OP Jindal Group matriarch Savitri Jindal, Sun Pharma's Dilip Shanghvi and Radhakishan Damani, whose Avenue Supermarts owns the DMart

Govt nods forming task forces to identify aspects of green steel production

The minister further said that steel producers need to increase the capacity of their washeries so dependence on imports for coal can be reduced

Water charges collected belong solely to the community: Drinking water secy

In a Q&A, Vini Mahajan says the Jal Jeevan Mission is now moving at a frenetic pace that they are taking it one day at a time

JP Morgan puts HCL on 'negative catalyst watch' ahead of Q4 results

JP Morgan on Tuesday placed Indian IT services provider HCL Technologies Ltd on "negative catalyst watch" ahead of the earnings season, citing the highest near-term risks for the company

BOE economist says interest rates may have to rise as prices fall

Inflation is set to drop sharply from the current 10.4% level in the coming months due to lower energy prices and base effects, as last year's sharp price jumps are not repeated

Rajasthan CM Ashok Gehlot, Vasundhara Raje test positive for Covid

Rajasthan Chief Minister Ashok Gehlot and former Chief Minister Vasundhara Raje were tested positive on Tuesday for coronavirus

Downturn still nascent, it is time for caution, not expansion: Zoho founder

In an exclusive interaction with Business Standard, Sridhar Vembu say the trend of large-scale layoffs in Silicon Valley has now hit Indian shores

Social welfare state being created in India with schemes: Jaishankar

The minister said that after 40 years of independence, India realized that its economic model had "run out of steam" and then started the era of reform in the early 1990s

Ashok Gehlot approves Rs 736 cr for interest-free crop loans to farmers

In the budget 2023-24, Gehlot had made announcement about interest-free crop loan distribution scheme and interest subsidy for farmers

Rs 50k per month for 2bhk: Bangalore is now India's hottest rental market

Anarock's data shows rents in various Bangalore neighborhoods have jumped by double digits since 2019, echoing a wider surge across India's major cities

Axis Bank CEO flags risks of slowing economic growth, says report

Axis Bank Ltd Chief Executive Officer Amitabh Chaudhry said he was watchful over consumer demand in the Indian economy and that expectations for growth might have to be tempered a bit

Bank of Baroda stops clearing payment for above-cap Russian oil: Report

The state-run lender told refiners last month that it would not settle payment from Russian barrels bought above the price cap, the three sources said

Unable to understand basis for assumption on logistic cost: EAC-PM official

The Economic Survey 2022-23 had pointed out that logistics costs in India have been in the range of 14-18 per cent of GDP against the global benchmark of 8 per cent

Bitcoin touches high end of recent range; Dogecoin extends gain

The largest cryptocurrency by market value rose as much as 3.1% to $28,442 on Tuesday, its first session higher in three

TMS Ep403: Covid-19, dismantling Big5, markets, reusable launch vehicle

Is India staring at another Covid-19 wave? Should large groups like Adani and Reliance be dismantled? Will Covid-19 fears spook the market again? What is a reusable launch vehicle? All answers here

Making gender budgeting work

Social mores cannot be changed by fiscal fiats, but gender budgeting is a starting point, argues Lekha S Chakraborty in her book, which could serve as a useful primer to guide policymakers

Sports sponsorship: Cricket dominates but others are gaining, says report

Football, boxing, badminton, kho kho and kabaddi are finding sponsors too, finds GroupM report

Apple Inc says users report weather app outage in some locations

The Cupertino, California-based company said on its website that issues for the app were reported at 11 p.m. New York time Monday and continued Tuesday