Category: World

By Anjan Roy China’s is staring in the face of a possible financial sector crisis, with its largest privately owned non-banking financial company unable to meet its obligations. Zhongzhi financial company, having widespread exposure to China’s real estate sector, has failed to honour its obligations to its investors and defaulted. As such, the bankruptcy of […]

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By Arun Srivastava As the exit polls of the four states, where the elections to the assemblies were held this month, send a distressing signal that Prime Minister Narendra Modi’s personality cult, that was painstakingly built over the last nine and half years by the RSS and its frontal organs, has failed to

By Girish Linganna Ever since militant group Hamas’s most audacious attack ever to be launched from Gaza blindsided Israel on October 7 this year, people have been questioning who the brains are behind masterminding this deadly strike. Notwithstanding their varied and checkered backgrounds and antecedents, they all have one thing in common: They are all […]

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By Tirthankar Mitra It is a morning knock but is no less sinister than a midnight one as Dublin microbiologist Eilish Stack comes face to face with state’s totalitarianism as powers that seek to interrogate her trade unionist husband Larry. It is in this way Paul Lynch, an Irish author begins the book

NEW DELHI: S&P Global Ratings on Monday revised India’s economic growth forecast for this financial year to 6.4%, up from 6% projected earlier, bringing it closer to the Reserve Bank of India’s estimate of 6.5%. “We have revised up our projection for India’s GDP (gross domestic product) growth for fiscal 2024 (ending in March 2024) […]

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NEW DELHI: Exports of engineering products from India witnessed growth from countries such as the US, Saudi Arabia, and the United Arab Emirates (UAE) during October but contracted from several nations in the European Union (EU), China, and Southeast Asia, according to government data. After a slump during the first half of this year, India’s

NEW DELHI: The Telecom Regulatory Authority of India (Trai) will continue to work with Apple to break the deadlock in talks over introducing its Do Not Disturb (DND) application (app) to Apple’s iOS Store, senior officials have said. The iPhone maker removed the app from its app store in September last year over privacy concerns, […]

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NEW DELHI: Taiwan’s Hon Hai Precision Industry Co, which is a contract manufacturer for iPhones, on Monday said its subsidiary Foxconn Hon Hai Technology India Mega Development, has planned $1.6 billion investment in India. The planned outlay by the company is related to certain construction projects at its own land, according to an exchange filing […]

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NEW DELHI: The 16th Finance Commission will have a tough task, primarily because the mismatch between the resource mobilisation by the Centre and state governments and the rising requirements of spending of public monies on socio-economic development and critical infrastructure creation refuses to go away. In this context and keeping in mind the sustainable development

By Nantoo Banerjee The announcement of a prisoner swap deal between warring Hamas and Israel mediated by Qatar and Egypt and agreed by Israel, Hamas and the United States may have led to a temporary armistice in the region and selective exchange of captives from both the sides , the issue of a viable state […]

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By Kalyani Shankar As the Telangana elections approach their final week, the youngest state in India is ready for a Triangular electoral contest. The ruling Bharat Rashtra Samithi (B.R.S.), Congress, and the Bharatiya Janata Party (B.J.P.) compete for victory. Since its inception in 2014, B.R.S. chief K. Chandrashekhar Rao has been at the

By Sushil Kutty Telangana votes on November 30. Two days later votes cast will be counted and by afternoon of the same day, which party will be ruling Telangana would be known. If it is the Bharatiya Janata Party, the party has promised an Other Backward Caste Chief Minister. The party will also

By Arun Srivastava It would be presumptuous to say that the elections to the five-state assemblies are a semi-final clatter for Prime Minister Narendra Modi; but one thing is certain that the peoples’ verdict for these elections will outline the political future of Rahul Gandhi. A negative mandate will certainly erode the credibility and image […]

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The Election Commission (EC) has issued an ‘advisory’ to Chief Minister K Chandrashekar Rao for his controversial remarks against the state’s Congress leadership. Ahead of the Telangana Assembly polls scheduled in the upcoming week, the CM was asked to follow the provisions of the Model Code of Conduct in “letter and spirit”. Rao had made […]

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MUMBAI | NEW DELHI: The Securities and Exchange Board of India (Sebi) decision to create a regulatory framework for the facilitation of small and medium real estate investment trusts (SM REITs) is expected to boost participation of retail investors, institutionalise the segment, and encourage greater capital influx from both domestic and offshore investors. The establishment […]

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NEW DELHI: Core inflation, which excludes volatile food and energy prices, may stabilise around 4% in January with a limited scope for further decline as prices continue to be sticky in certain service sectors, according to economists. A higher core is likely to keep retail inflation from declining significantly, they say. Core inflation eased to […]

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BENGALURU: New York-based artificial intelligence and robotics firm BRAIIN Holdings is entering the Indian market and has acquired prominent CXaaS (customer experience-as-a-service) company Exato.ai which serves as a strategic foundation for its operations in India. With this acquisition, the company has bolstered its presence in the customer and employee experience as a service sector along

NEW DELHI: The Insolvency & Bankruptcy Board of India (IBBI) is expected to finalise crucial amendments to regulations – from those seeking to make life simpler for home buyers to those for personal and companies’ insolvency proceedings, insolvency professionals and liquidation – next month as it seeks to improve the seven-year-old regime and improve its […]

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Four days after Prime Minister Narendra Modi’s visit to Mathura, Uttar Pradesh Deputy Chief Minister Keshav Prasad Maurya on Sunday alleged the SP does not want to build the Shri Krishna temple and challenged the party chief Akhilesh Yadav to clarify his stand. ”The SP, which is shedding the blood of Hindus for the sake […]

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Union Minister Amit Shah on Sunday alleged that a deal has been done between the ruling BRS in Telangana and Congress to make K Chandrasekhar Rao as chief minister again and that he would later help Rahul Gandhi to become prime minister. Shah, who addressed an election rally at Makthal, said if a vote is […]

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  Congress leader Rahul Gandhi on Saturday said his party punctured all four tyres of the BJP in poll-bound Telangana and shall do it in Delhi soon. Addressing poll rallies in Telangana, he said BRS chief Chandrasekhar Rao should realise that it was the Congress that built the school and university in which he studied. […]

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In a major development in the Mahadev betting app probe, one of the key witnesses against Bhupesh Baghel has given a clean chit to the Chhattisgarh chief minister. Asim Das, a driver arrested in the case, retracted his statement against Baghel in a letter to the PMLA court in Raipur. He said he is being […]

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By K Raveendran Irrespective of the outcome of the batch of petitions in the Supreme Court against the SEBI investigations into the charges levelled by US-based short-selling firm Hindenburg Research against the Adani group of companies regarding violations of stock market regulation, it is most likely that short selling would emerge as the villain

By P. Sreekumaran THIRUVANANTHAPURAM: Nothing seems to be going right for the Congress in Kerala. As if the plethora of problems already plaguing the party were not enough, the Congress is caught in a major controversy over the election of the Youth Congress state president. The charge against the Youth Congress is that YC activists […]

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By Kunal Bose Holding conferences of investors with attempts made to induct representation of as many foreign countries as possible have become an annual or biennial ritual with states in this country. Closing ceremonies will be marked by state chief ministers proudly announcing promised investments, in most cases of astronomical sums, not necessarily justified by

By James M Dorsey Hamas’ October 7 attack on Israel has not just divided Muslim political leaders. It’s also solicited diverse responses from religious figures and institutions, reflecting deeper divisions about what Islam stands for in the 21st century. At the core of the differences is the ability and willingness to empathise with innocent victims […]

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NEW DELHI: In one of the biggest moves to improve the functioning of the National Company Law Tribunal (NCLT), the government is discussing a massive expansion, which could see an addition of up to 100 members. While the current sanctioned strength is 63, typically there are always vacancies with the government often being slow in […]

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NEW DELHI: Unlike in the last fiscal, surplus dividend by Central Public Sector Enterprises (CPSEs) may not entirely make up for an expected steep shortfall in the government’s disinvestment proceeds in FY24 from the budgeted Rs 51,000 crore, now that the strategic sale of IDBI Bank could spill over to FY25, a senior official said. […]

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MUMBAI: A combination of factors led to a surge in the share price of state-run insurance companies on Friday, with general insurer New India Assurance’s (NIA) stock hitting the upper circuit. Life Insurance Corporation of India (LIC) surged 10 per cent. The state-run re-insurer General Insurance Corporation of India (GIC Re) stock closed 16.7 per […]

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NEW DELHI: India and European Union on Friday signed a Memorandum of Understanding on cooperation on semiconductors ecosystem which will facilitate investments, joint ventures and technology partnership including manufacturing facilities. The move is in sync with India’s plan to provide incentives worth $10 billion for chip manufacturing in the country. The MoU was signed at […]

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MUMBAI: The Securities and Exchange Board of India (Sebi) has proposed a significant revamp of the “trading plan” framework, which would allow insiders to trade their company shares with greater flexibility. The proposed changes include the elimination of the “black-out” period, a reduction in the cool-off period, and relatively lenient price limits. Insiders, typically senior […]

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By Satyaki Chakraborty The results of the general elections in Netherlands held on November 22 indicating the emergence of the far right Party for Freedom (PVV) headed by Geert Wilders sent a shock wave across Europe. PVV became the biggest party in the Netherlands winning 37 of the 150 seats in parliament. Never in

By Sushil Kutty Results of 199 Rajasthan Assembly seats where polling took place on Saturday will decide which party rules the state for the next five years. Since 1998 no party has been repeated twice in succession in Rajasthan. By that token, the Congress would be taking a break from December 3. But

By Harihar Swarup As Telangana goes to polls, on November 30, the ruling Bharat Rashtra Samithi took inspiration from Team India’s performance at the just concluded the ODI World Cup. Hoping to emulate the cricket team, the party launched a campaign asserting that, just as India will lift its third trophy, the party will