Latest News Update
arrow Tea industry turns a new leaf with AI to improve quality and flavour
  AI, ML and data analytics-enabled system is used to count the fine leaf percentage of plucked leaves
arrow India has potential to become $1 trillion digital economy by 2025: Report
  The report said India had 560 million internet subscriptions in 2018, up from 238.71 million in 2013, making it the second-largest internet subscriptions market in the world
arrow Film on Nitin Gadkari shows his journey from RSS volunteer to a politician
  Unfolding the real life story of union minister Nitin Jairam Gadkari's courage, wisdom and untold truth
arrow DMK and Congress announce alliance for Lok Sabha elections in Tamil Nadu
  The DMK will contest in 20 to 25 seats while the Congress will fight in nine seats
arrow Vodafone Idea can provide 5G-like services on existing airwaves, says CTO
  Says auction of 5G spectrum should not be held before 2020
arrow Sebi gives mutual funds a reality check
  Guidelines on returns, classification and labelling will scale back 'outperformance' claims and improve transparency
arrow India victim of terrorism 'sheltered, supported' from across border: Modi
  Two countries were also progressing towards establishing India-Saudi Arabia 'Strategic Partnership Council', says Modi.
arrow Risk management in capital markets
  Risks involve market manipulation, money laundering and fraudulent reporting
arrow Twitter and elections
  With the Lok Sabha polls round the corner, this might be a good time to look at the top Twitter influencers among our politicians
arrow France court orders UBS to pay $5.1 billion for Swiss accounts scandal
  Paris court finds UBS guilty of helping wealthy French clients stash funds in undeclared Swiss accounts.
arrow Jewellery buyers defer purchases as gold hits all-time high on global cues
  Footfalls drop sharply at retail outlets in Mumbai, as customers expect price fall in the days to come
arrow Odisha targets 30,000 jobs in BPO sector by 2022, rolls out new policy
  Draft Odisha BPO policy-2019 offers capital investment subsidy of Rs 1.05 lakh for units within Bhubaneswar Municipal Corp; minimum 300 seats required for availing benefit
arrow Dassault CEO denies scandal in Rafale deal, defends role for Reliance
  Dassault CEO said it was also in the race for 110 aircraft for the Indian Air Force, for which the government had floated an RFI last year
arrow 3 UK Conservatives quit party, call Theresa May's Brexit 'disastrous'
  With only 37 days until Britain leaves the EU, its biggest foreign and trade policy shift in more than 40 years, divisions over Brexit are redrawing the political landscape.
arrow Sitharaman urges defence vendors to invest in India, but hurdles remain
  Govt has signed 150 contracts worth Rs 1,27,500 crore with Indian vendors for military equipment till October 2018, says defence minister at Aero India 2019
arrow Mapletree moves NCLT against Falcon Tyres' lenders over its resolution plan
  Accused Edelweiss Asset Reconstruction Company and other lenders of acting contrary to provisions of IBC by rejecting its resolution plan
arrow India to remain fastest growing major economy in next decade: Report
  China has been assigned the fourth slot with an average growth rate of 5.1 per cent for the next decade (2019-28)
arrow SC judge recuses from hearing CBI's plea in Saradha chit fund probe
  The court, which asked both sides to file their additional affidavits and complete pleadings by February 25, has posted the matter for hearing on February 27 before an appropriate bench
arrow India's $15 billion fighter jet deal faces delay - not for the first time
  While India wants to upgrade its fleet, there's one big road block: New Delhi's famed red tape
arrow Chhattisgarh recants sand mining rights from panchayats, cites misuse
  State-owned CMDC will now extract and mine sand, Baghel govt announces new royalty sharing formula
arrow A320neo India deliveries back on track; fewer problems seen with engines
  Bengaluru (Reuters) - European aircraft maker Airbus deliveries of its A320neo aircraft are back on track in India with fewer problems being seen with the narrowbody jet's Pratt & Whitney engines, a senior company executive said on Wednesday.
arrow Apple plans major overhaul, seeks universal apps for all devices by 2021
  The ultimate goal of the multistep initiative, code-named "Marzipan," is by 2021 to help developers build an app once and have it work on the iPhone, iPad and Mac computers
arrow SC orders forced eviction of more than 1 million tribals, forest-dwellers
  Court gives states till July 27 to evict tribals based on a petition filed by wildlife groups questioning the validity of the Forest Rights Act.
arrow Hyundai Electronics eyes Rs 600 cr turnover in FY20; to shun ecommerce
  The company has forayed into the fast growing Indian consumer electronics segment, which is pegged at more than Rs 60,000 crore and growing in double digits
arrow US Supreme Court allows Dr Reddy's Labs to sell generic Suboxone film
  The potential revenue upside from the sale of generic Suboxone is expected to be substantial for Dr Reddy's when it resumes sales
arrow Vodafone Idea not in favour of 5G spectrum auction before 2020: CTO
  Vishant Vora said the full integration of the two telecom networks post the mega merger last year is "on track" and expected to be completed by June 2020
arrow Moody's upgrades Tata Steel corporate family rating to Ba2; outlook stable
  The upgrade reflects the sustained improvement in the company's credit profile, stemming mainly from strong operating efficiencies and vertical integration, Moody's said
arrow Moody's revises outlook for Tata Steel, Sajjan Jindal-led JSW Steel
  The stable outlook reflects Moody's expectation that Tata Steel's strong operating performance will translate into a sustained improvement in credit metrics
arrow Bookings open for 2019 Honda CBR650R, expected to be priced below Rs 8 lakh
  Powered by a 649cc liquid cooled four-cylinder, DOHC 16-valve engine, the bike will replace the 650F in India
arrow Govt to infuse Rs 48,239 cr in 12 PSBs; Corporation Bank gets Rs 9,086 cr
  Allahabad Bank will be provided Rs 6,896 crore
arrow Tata Steel to focus on automobiles, BPRS after Kalinganagar expansion
  Tata Steel has pledged a capital expenditure of Rs 23,500 crore on scaling up capacity of the Kalinganagar project from three million tonnes per annum to eight million tonnes per annum
arrow 65 swine flu deaths last week push toll to 377, over 12,000 infected: Govt
  The Health Ministry has asked state governments to bolster their surveillance for early detection of the disease and keep beds reserved in hospitals to deal with acute cases
arrow NIA takes over Pulwama attack probe from J&K Police, forms probe team
  The NIA has already taken samples of the explosives and evidence from the area in south Kashmir's Pulwama district
arrow Market Wrap: Sensex jumps 404 pts, ends 9-day losing streak; IT, banks gain
  The frontline indices ended over 1 per cent higher, snapping their 9-day losing streak, led by gains in information technology (IT), financials and metal stocks.
arrow Banks most vulnerable to cyber attacks, must strengthen software: Expert
  Gulshan Rai said banks have to move faster to meet the challenges from evolution and revolution depending on their system capabilities to deal with any risks emanating from technology adoption
arrow Only one out of five life insurance holders have term insurance: Survey
  Term insurance, despite being the most fundamental and cheapest form of financial protection, still lacks a significant uptake in urban India
arrow India, Pakistan troop strength and weapons: How the two militaries stack up
  PM Modi has vowed a strong response to the Pulwama attack and said he had given the military a free hand. Pakistan would retaliate if attacked, his counterpart, Imran Khan, has warned
arrow Pakistan national killed in Jaipur jail after quarrel with other prisoners
  Senior administrative and police officials have rushed to the jail after learning about the incident
arrow SC to hear Ram Janmabhoomi-Babri Masjid land dispute matter on Feb 26
  It will be heard by a five-judge Constitution Bench headed by Chief Justice Ranjan Gogoi
arrow Stone hurled at Vande Bharat Express for third time, window panes broken
  After the first incident of stone throwing, the Railway Protection Force (RPF) had started campaigns across the areas where such cases were reported
arrow In Norway, the richest Scandinavians are debating how to get $2.2 billion
  Excluding its giant piggy bank, Norway's budget deficits amount to more than 7 per cent of gross domestic product
arrow Fashion designer Karl Lagerfeld dies at 85; Remembering the legend in pics
  Chanel's creative director and one of the most sought after designers in the world, Karl Lagerfeld has died at the age of 85. Here's a look at his life journey through pictures.
arrow Vivo V15 Pro with 32MP pop-up camera unveiled: Know price, launch offers
  The Vivo V15 Pro features a thin bezel profile with an in-display fingerprint sensor on the front, and a unibody gradient glass design with triple camera set-up on the back
arrow Saudi Aramco in talks with Reliance Industries for possible investments
  Saudi Aramco signed an agreement in April with a consortium of state-owned Indian refiners to participate in a $44 billion refinery project on the country's west coast
arrow Nasscom ends annual forecast; to only give guidance for sector from FY20
  We are keen on changing the perception that revenue guidance represents, said Rishad Premji, Chairman, Nasscom
arrow 10 years of Samsung Galaxy: The journey so far and what the future holds
  Samsung is set to unveil the Galaxy S10-series, along with a new foldable screen device, on February 21
arrow Terrorism common concern with India, says Saudi crown prince Salman
  Prime Minister Modi and the Saudi Crown Prince explored ways to further deepen strategic ties
arrow Govt's new electronics policy banks heavily on mobile manufacturing
  Government aims to generate Rs 13 trillion from handset sector by 2025 - half of the total target
arrow Cow vigilantes in India killed at least 44 people in last 3 yrs: Report
  The report, which also highlights the impact these so-called cow vigilantes have had on the rural economy, comes ahead of national elections
arrow GST Council defers decision on rate revision for real estate to Sunday
  In its final recommendations on real estate, a GoM had favoured lowering GST rates on under-construction houses from 12% with input tax credit to 5% without input tax credit
arrow #MeToo: Sebi mandated disclosures by listed firms, but it lacks them itself
  The regulator said in its response to Business Standard's query that information on sexual harassment complaints at Sebi would be made available in future
arrow Central Govt-run NBFCs: To merge or not to merge, that is the question
  A single mega entity would provide India with the sovereign fund raising arm that has been tried through other hoary routes like the oft-tried sequestering a part of foreign exchange reserves
arrow Lok Sabha elections 2019: A return to the lure of coalition politics?
  While BJP chief Amit Shah has come to appreciate the importance of alliances, the experience of the 1999 and 2004 polls throws lessons for the Congress as well
arrow Be careful what you wish for: Mugabe's ouster has left Zimbabwe in chaos
  It's a scenario that's played out all too often when a strongman who has ruled for decades leaves the stage
arrow The US, not China, is the real currency manipulator: Here's why
  The yuan has been tracking the dollar, so any volatility begins at home in Washington
arrow How Anil Ambani could arrange funds needed to comply with the SC order
  Reliance Communications, and its chairman Ambani, could use the Rs 394 crore received in I-T refunds, but they would still have to raise another Rs 177 crore
arrow IL&FS crisis: ED files PMLA case, conducts raids in Delhi-NCR, Mumbai
  The Enforcement Directorate (ED) Wednesday conducted searches at multiple locations in connection with the IL&FS payment default crisis, officials said. They said the central probe agency has registered a case under the Prevention of Money Laundering Act (PMLA) in the alleged payment default case and raids were being conducted against executives linked to the Infrastructure Leasing and Financial Services (ILFS). The raids are on in Mumbai and locations in Delhi-NCR, they said. IL&FS has defaulted on payment of loans to SIDBI and along with its subsidiaries has a combined debt of over Rs 91,000 crore. The debt crisis at the infrastructure lender came to light following a series of defaults by its group companies beginning September 2018. IL&FS is sitting on a debt pile of about Rs 91,000 crore.
arrow FDI equity inflows fall 7% to $33.5 bn in first nine months of FY19
  There has been a decline in FDI flows to six out of the 10 sectors during April-December 2018 as compared to last year
arrow How ruling govts have used probe agencies to intimidate the Opposition
  Both, the current dispensation and the UPA govt, when it was in power, have used agencies like the CBI and ED to turn the heat on their political rivals
arrow Page Industries slips 16% in a week post Q3 result; stock nears 52-week low
  The stock slipped 5% to Rs 20,414, falling 16% in the past one week post-Q3 result. It was trading close to its 52-week low of Rs 20,102 touched on March 7, 2018, on the BSE.
arrow Reliance Communications erodes 95% of shareholder wealth since listing
  At 11:58 am, Reliance Communications, once a flagship company of the group, was trading near its face value of Rs 5 on the National Stock Exchange (NSE) at Rs 5.60 apiece, down 6.67 per cent
arrow Lok Sabha polls 2019: How Modi's PM-KISAN may translate into votes for BJP
  The cash dole to farmers without they doing any work will have major economic, political and psychological repercussions
arrow Exide Industries hits 52-wk low; down 28% in two months on weak Q3 results
  The stock hit a 52-week low of Rs 195, down 5 per cent on the BSE in intra-day trade on Wednesday in an otherwise firm market.
arrow ADAG stocks tumble post SC verdict; stay away from them for now: Experts
  The apex court has also imposed a fine of Rs 1 crore each on them, if not deposited within a month they will have to serve one month in jail.
arrow UPSC 2019: Registration for CSE Prelims open; check upsconline.nic.in
  Online registration for UPSC Prelims 2019 is open. Read to know about Civil Services exam eligibility criteria, important dates, notifications and a lot more on CSE 2019
arrow Money laundering case: Vadra appears before ED a day after skipping summons
  Robert Vadra had skipped the summons Tuesday, citing bad health
arrow Want to see North Korea denuclearize, but we're in no rush: Donald Trump
  North Korea has conducted no further nuclear and missile tests since the June summit
arrow SC holds Anil Ambani guilty of contempt; orders RCom to pay Ericsson
  If RCom fails to pay Rs 453 cr to Ericsson within four weeks, then Anil Ambani and two directors will face jail term of three months
arrow Eye on $15 bn deal, Lockheed unveils new F-21 combat jet at Aero India 2019
  The US defence firm had earlier offered its F-16 fighter used by countries around the world for the Indian air force's ongoing competition for 114 planes to be made in India
arrow Twitter Ads Transparency Centre coming to India: Here's how it will work
  No login or Twitter account would be required to access the Ads Transparency Centre
arrow Wagah ceremony offers a glimpse of India's response to Pulwama attack
  How the beating retreat ceremony at India- Pakistan border checkpost looks, and feels, in wake of the Pulwama attack
arrow Oil and gas exploration stocks gain; Duke Offshore hits 20% upper circuit
  Shares of oil and gas exploration companies rose as much as 20% in intra-day trade on Wednesday as the government decided to offer bigger oil and gas areas currently under PSUs to the private sector.
arrow Aero India 2019: Sitharaman invites investors to tap India's defence market
  Sitharaman made a strong pitch for "Make in India" and referred to a slew of initiatives taken by the government, including permitting 100 per cent FDI in Defence manufactu
arrow Aavas Financiers hits new high; surges 35% in three months
  The stock rose 3% to hit a new high of Rs 930, its highest level since listing on October 8, 2018.
arrow Shutting out foreign funds hurts India's bad-debt market, says BofA
  In the past year, the US lender has had to team up with local asset reconstruction companies to purchase loans made to firms including Seven Hills Hospitals and GTL Infrastructure Ltd. that had soured
arrow PNC Infra, Sadbhav: 5 road construction stocks IDBI Capital is betting on
  The fact that construction companies are fully dependent on government for orders makes it an important event for companies in the road construction segment from order book / revenue perspective.
arrow Rupee opens 5 paise higher at 71.29 against US dollar as oil prices slip
  The domestic unit weakened by 11 paise to end at 71.34 against the greenback on Monday, amid firming crude oil prices and persistent foreign fund outflows.
arrow Bad debts to break: Challenges, achievements of India's insolvency law
  The Insolvency and Bankruptcy Code aimed to speed up loan recovery when it came into force in Aug 2016. Woeful infra and legal issues have held up tribunals, but settling bad debts is well on its way
arrow Real estate stocks, GMR Infra, Nalco and YES Bank top stocks to track
  Here's a look at the top stocks that may remain in focus today -
arrow China urges US to respect its right to develop, vows to open market further
  China's reform and steps to open up are in line with its development needs, and its doors to the outside world will open ever wider, State Councillor Wang Yi said
arrow MARKET WRAP: Sensex jumps 404 pts, ends 9-day losing streak; IT, banks gain
  All that happened in markets today
arrow Market Ahead, Feb 20: GST Council meeting, US-China trade talks eyed
  Investors on Wednesday are likely to keep an eye on the 33rd GST Council meeting, due later in the day.
arrow Strategies for Pulwama-like attacks trace back to ISI HQ: Christine Fair
  Pakistan may try more attacks via proxy because this is the only way it can show India that it is not defeated, no matter how powerful India becomes
arrow Despite an urgent need, India keeps fighter jet makers waiting for decades
  India, which is hosting its flagship air show this week, has derailed plans by Lockheed and Boeing to breathe new life into their aging F-16 and F-18 programs
arrow Will Kim give up N Korea's nuclear crown jewel Yongbyon at Trump summit?
  A deal to shutter Yongbyon would represent Trump's first tangible victory toward reducing Kim's nuclear capacity since he granted an unprecedented meeting last June
arrow Incomes fall as cow-related violence scuttles beef, leather exports: Report
  India is the largest exporter of beef in the world, exporting buffalo meat worth $4 billion a year. However, since 2014, exports have mostly declined
arrow Top trading ideas by Prabhudas Lilladher: Buy Sterlite Tech, REC
  Nifty outlook and top trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher.
arrow Technical calls from HDFC Securities: Sell MCX, Repco Home Finance
  Nifty outlook and top trading ideas by Vinay Rajani - Technical Analyst, HDFC Securities.
arrow Today's picks: From NTPC to UPL, hot stocks to buy on Wednesday
  For NTPC keep a stop at Rs 136 and go short. Add to the position between Rs 131 and Rs 132. Book profits at Rs 130.
arrow Top 10 business headlines: Angel tax relief, SIP closure ratio, and more
  Here are the top 10 business stories that made news on Tuesday
arrow Pulwama attack: UN Secretary General calls on India, Pak to defuse tension
  Last week, Guterres had "strongly" condemned the terror attack against security personnel in Jammu and Kashmir's Pulwama district
arrow Acclaimed Hindi author Namvar Singh dies at the age of 92 in Delhi
  Born on 28 July 1926 in a village in Varanasi, Singh received a PhD degree from Banaras Hindu University and began his teaching career at the same university
arrow I will contest Lok Sabha Elections, Ajit Pawar won't: Sharad Pawar
  Pawar, however, made no mention of his daughter who is a NCP MP Supriya Sule and is expected to contest again from Baramati LS constituency
arrow Wall Street rises as upbeat Walmart results boost investor sentiment
  Consumer discretionary stocks, led by Amazon.com, provided the biggest lift to the S&P 500 and Nasdaq, while Walmart Inc headed up the blue-chip Dow's advance
arrow Ashok Leyland net profit drops 21% at Rs 380 crore in December quarter
  The company says it is looking for ways to overcome a dependence on one segment of products
arrow Donald Trump describes Pulwama terrorist attack as 'horrible situation'
  The attack has led to escalation of tension between India and Pakistan, Trump told reporters at the Oval Office of White House that it would be "wonderful" if the two South Asia neighbours get along
arrow March 1 deadline for China trade talks not 'magical' date: Donald Trump
  Trump said the real question would be whether the United States would raise the tariffs as planned
arrow Brent dips as demand worries weigh, US oil prices hit 2019 high
  A fresh round of talks aimed at resolving the trade dispute between the United States and China began on Tuesday in Washington
arrow Amid tragedy, Aero India 2019 to take off in Bengaluru on Wednesday
  All six vendors in the fray - Boeing and Lockheed Martin, MiG, Dassault, Saab and the Eurofighter GmbH - sent across their fighters to show off their aerobatics capabilities
arrow Cabinet clears ponzi Ordinance, fresh changes in the Companies Act
  The ordinance on ponzi schemes will prohibit all deposit-taking activities that are not regulated by various regulators
arrow UN chief calls on India, Pak to take 'immediate steps' to defuse tensions
  The already sour relations between India and Pakistan have worsened over the past week as New Delhi blamed Islamabad for the Pulwama attack by Pakistan-based terror group Jaish-e-Mohammed
arrow India's secondary sex
  What kind of society are we that we consistently, deliberately - and systematically - fail our women?
arrow Looking beyond the US-China negotiations
  There is scant chance that the Trump will be able to achieve its containment objectives, as - with respect to China's rise in every single domain - the train has left the station quite some time ago
arrow Govt clears reform to enhance domestic oil and gas exploration
  Private sector to get bigger areas that belong to Oil India & ONGC
arrow Why India needs a seriously tightened population policy to reduce poverty
  India has been unable to address population growth meaningfully which has prevented it from reaching global average for decline in extreme poverty
arrow In search of champions
  Marquee businesses are diminishing with alarming frequency
arrow Soft on promoters, still
  Jet bailout should not allow equity holders too much leeway
arrow Angel tax exemption a good effort, but more needs to be done: Industry
  The government's move on Tuesday to relax norms for start-ups will "unshackle angel investing" and unleash the next wave of entrepreneurship
arrow GIC, Mitsubishi Corp likely to pick 25-30% stake in GMR Airports
  The deal with Singapore's GIC and Mitsubishi Corporation of Japan could fetch Rs 7,000-8,000 crore
arrow Planning to invest in mutual funds? Avoid these common mistakes
  In fact, equity mutual fund investors should exploit such opportunities by topping up their existing SIPs with fresh lumpsum investments in a staggered manner
arrow Emami stock rises 13% after promoters sell 10% stake to pare debt
  The share sale took place on the stock exchange platform and SBI Mutual Fund, Premji Invest, Amundi, IDFC and L&T Mutual Fund were among the buyers