Page 18 - Latest News

Back to front? Green shoots in defensive sectors signal potential recovery

Weak demand, AI-led growth concerns and US export headwinds weigh on defensive stocks, while valuation moderation signals potential opportunities

Beyond Diwali sales, Sivakasi eyes global fireworks market with exports

India's fireworks capital is drawing interest from overseas buyers as Tamil Nadu pushes for export-friendly policies, modernisation and improved infrastructure to boost global sales.

CJP's Saurav Das, Ashutosh Ranka move Delhi HC against judicial custody

Cockroach Janta Party (CJP) leaders Saurav Das and Ashutosh Ranka Tuesday approached the Delhi High Court seeking an urgent hearing against the extension of their judicial custody.

Retail auto sales rise on high base this Navratri, but cars see 14% drop

FADA data shows overall vehicle sales rose 2% in the first nine days of Navratri, but passenger vehicle sales fell 14% as last year's GST-led demand surge created a high base

BVG India focusing on long-term contracts with better margins: CMD

The company wants contracts that provide good returns on investment and greater visibility on revenue and margins, rather than chase growth through low-margin work

HDFC to ramp up beyond home shores under incoming MD & CEO Anup Bagchi

Limited overseas reach constrained FCNR(B) deposit mobilisation; incoming chief Anup Bagchi may explore expansion as the lender reviews its strategy

Global stocks fall as AI spending concerns resurface, oil prices surge

Global equities declined as concerns over AI infrastructure spending resurfaced after a weak South Korean IPO, while Brent crude topped $111 amid renewed geopolitical risks

$800 million asset manager to shift 2 funds out of GIFT on tax issues

he fund manager cites uncertainty over tax deductions, compliance requirements and investor restrictions as reasons for relocating two funds to Abu Dhabi Global Market

India has set itself the task of being a leader in 6G: GSMA APAC head

GSMA pushes global adoption as countries begin testing and trialling 5G Advanced

Cost pressures to persist for cement major UltraTech in the near term

Demand is expected to pick up from mid-November, after the festival season. Urban housing, infrastructure and private-sector capex are likely to remain key growth drivers

Power: The old is undermining the new amid rising electricity demand

India's power sector faces a growing gap between rising electricity demand and investment in conventional generation and grid infrastructure, risking supply shortages during peak hours

Semaglutide mkt settles into steady growth six months after patent expiry

Generic brands now account for about 74% of monthly units as lower-priced products expand access, while doctors say the initial rush around the drug is cooling

OYO parent to nearly halve IPO fresh issue size to up to ₹3,350 crore

OYO parent PRISM is planning to nearly halve the size of the fresh issue in its proposed initial public offering (IPO) to up to Rs 3,350 crore from almost Rs 6,650 crore, sources said on Tuesday

The cities called Delhi

How Delhi has always been a work in progress, its story never quite complete

Not in default, but already affected

Evaluating the IBC primarily through resolution outcomes provides only a partial picture of its effects

Some AIFs in GIFT City get tax notices despite exemption, raising concerns

Notices issued over surcharges 'due' on dividends and interest income

Open to acquisition to build capabilities: Piramal Finance MD & CEO

Jairam Sridharan says urban and semi-urban markets will drive H2 growth as the lender takes a measured approach to wholesale lending

FM Sitharaman seeks global framework to address the fallout of sanctions

FM calls for multilateral rules as economic penalties have consequences beyond their intended targets

Rising overnight rates may spur strong demand at RBI's liquidity auction

Festive cash withdrawals and tighter CRR requirements shrink surplus liquidity, prompting banks to seek short-term funds from the RBI

PFRDA launches new NPS Central: How to log in, manage pension investments

The platform allows users to log in with their registered mobile number, track contributions, download statements, compare pension schemes and access account services through a common interface.