Page 1932 - Latest News
Jaro Education IPO to open on September 23, aims to raise Rs 450 crore
In a public announcement, the company said it has fixed a price band of Rs 846 to Rs 890 per share for its maiden public offering
 "Jaro Education IPO to open on September 23, aims to raise Rs 450 crore")
Arm's-length regulators need protection from executive interference
The notion that "democratic accountability" justifies conferring such unfettered power on Executive is not just incorrect, but also shows inadequate understanding of modern structures of governance
 "Arm's-length regulators need protection from executive interference")
Next game changer: High-speed rail may add ₹60 trn to economy in 15 years
For decades, traditional trains have been India's arteries, moving over 23 million passengers daily along with vital freight
 "Next game changer: High-speed rail may add ₹60 trn to economy in 15 years")
Ishita Tiwary's book shows how video cassettes changed our visual culture
It would be no exaggeration to say that making sense of the evolution of the media industry is challenging given the sheer scale and the short span of its transformation
 "Ishita Tiwary's book shows how video cassettes changed our visual culture")
Israeli impunity in Gaza: US support counters growing global censure
The irony of this flurry of international condemnation, including from India and the Abraham Accord signatories, is that it has not deterred Israel or its sponsor, the US
 "Israeli impunity in Gaza: US support counters growing global censure")
Fed in focus: Lower interest rates alone may not aid capital flows to India
This is an unusual position in modern central banking, and particularly for the Fed
 "Fed in focus: Lower interest rates alone may not aid capital flows to India")
Govt eases GST price label rules, scraps mandatory advertisements
Businesses can skip re-stickering and use old stock until March 2026
 "Govt eases GST price label rules, scraps mandatory advertisements")
Multiple tailwinds for aluminium majors as Fed rate cut lifts prices
Aluminium prices have gained on tight supply, Fed rate cuts and reforms, favouring Hindalco, Vedanta and NALCO, though risks from bauxite supply and trade barriers remain
 "Multiple tailwinds for aluminium majors as Fed rate cut lifts prices")
Fiscal discipline must to promote growth: RBI Governor Sanjay Malhotra
RBI Governor Sanjay Malhotra calls on states to maintain fiscal discipline, improve expenditure quality and borrow responsibly while coordinating closely with the central bank
 "Fiscal discipline must to promote growth: RBI Governor Sanjay Malhotra")
WATCH: Mohd Nabi smashes 5 sixes in an over to lift Afghanistan to 169
The highlight of the innings came in the final over when Nabi went on a six-hitting spree, smashing five sixes off an unfortunate Dunith Wellalage.
 "WATCH: Mohd Nabi smashes 5 sixes in an over to lift Afghanistan to 169")
Wall St hits record high after Fed indicates more rate cuts; Intel soars
Intel jumped 29% and was set for its biggest one-day gain since October 1987 after Nvidia said it would invest $5 billion in the struggling US chipmaker. Peer Advanced Micro Devices slipped 3.1%
 "Wall St hits record high after Fed indicates more rate cuts; Intel soars")
Infrastructure sector needs more institutional investments: Sebi chief
Diverse pool of participants will help improve liquidity in infra securities, says Tuhin Kanta Pandey
 "Infrastructure sector needs more institutional investments: Sebi chief")
Maruti Suzuki cuts prices by up to ₹1.3 lakh after GST rate slash
Maruti Suzuki cut prices by up to Rs 1.3 lakh across models after GST rationalisation, aiming to boost festive demand and encourage two-wheeler owners to upgrade to cars
 "Maruti Suzuki cuts prices by up to ₹1.3 lakh after GST rate slash")
Only a third of world rivers had water within normal range in 2024: WMO
Only a third of rivers had normal flows in 2024 while glaciers shrank for the third year, WMO report warns, urging stronger monitoring and data sharing to avert future crises
 "Only a third of world rivers had water within normal range in 2024: WMO")
Amfi asks MF Central to stop sharing investor data with third-party apps
Move to impact loan-against-mutual fund, guided MF investment apps
 "Amfi asks MF Central to stop sharing investor data with third-party apps")
Rahul Gandhi sharpens attack on EC; claims baseless says poll body
Rahul Gandhi alleges the Election Commission obstructed the Karnataka CID probe into an organised attempt to delete votes using automated software and says targeted deletions hit Aland
 "Rahul Gandhi sharpens attack on EC; claims baseless says poll body")
Nabfid must now focus on urban local bodies, says DFS secy M Nagaraju
Addressing NaBFID's infrastructure conclave, Nagaraju said the institution should work on new instruments at scale so that banks can rebalance their portfolios every three to five years
 "Nabfid must now focus on urban local bodies, says DFS secy M Nagaraju")
US revokes Chabahar sanctions waiver, India faces impact on port deal
In 2023, Chabahar port was used by India to send 20,000 tonnes of wheat aid to Afghanistan. In 2021, the same was used to supply environmentally friendly pesticides to Iran
 "US revokes Chabahar sanctions waiver, India faces impact on port deal")
Rupee slips to 88.13 as hawkish Fed cut ends four-day winning streak
The rupee fell to 88.13 per dollar after the US Fed's hawkish 25 bps cut, ending a four-day rally, as bond yields rose on selling by dealers and supply-demand mismatch
 "Rupee slips to 88.13 as hawkish Fed cut ends four-day winning streak")
Walmart India trims losses by 29% amid modest revenue growth in FY25
Cost controls, lower employee expenses help improve bottom line as the wholesale unit reports a second straight year of reduced losses
 "Walmart India trims losses by 29% amid modest revenue growth in FY25")