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Retail sales rise 7% over pre-pandemic level: RAI

PTI ‘Pace of growth drops on COVID wave’

4hrs

Union Commerce and Industry Minister Piyush Goyal. File

India discusses trade barriers with South Korea

The Hindu Bureau Employment possibilities for English teachers and IT professionals also were on agenda

4hrs

Households expecting higher inflation affects bank savings: RBI paper

PTI Sentiment shapes consumption patterns, savings: RBI paper

6mins

The conversion will result in dilution to all the existing shareholders of the company, including the promoters, the company said. File image.

Vodafone Idea board approves 35.8% equity allotment to govt.

The Hindu Bureau Move as per scheme offered by DoT for settlement of dues.

Tata Group Chairman Natarajan Chandrasekaran. File

India will lead lead global growth this decade: Tata Sons chairman

Pigs stay in their boxes at a pig farm. File.

U.S. announces resumption of pork products export to India

Photograph used for representational purposes only

Court dismisses SpiceJet’s appeal against order to wind up

24 Mantra is part of Sresta Natural Bioproducts Pvt Ltd. File

Sresta Natural Bioproducts files draft papers for IPO

4hrs

Arvind Virmani, former Chief Economic Advisor. File

Indian economy to see 9.5% growth this fiscal: Arvind Virmani

PTI Mr. Virmani noted that COVID-19 pandemic hit economic recovery and pushed for tax reforms.

WTO General Council discusses India’s call for holding virtual Ministerial meet on COVID-19 pandemic response

PTI WTO is a 164-member multilateral body which formulates rules for global exports and imports and adjudicates disputes between two or more than two countries on trade-related issues.

Representational image only.

Recykal raises $22mn from Morgan Stanley, existing investors

The Hindu Bureau Existing investors Circulate Capital, Vellayan Subbiah and Arun Venkatachalam from the Murugappa Family also participated in this round, the company said in a release.

Opinion & Analysis

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Will the new e-commerce rules really favour consumers?

Prashanth Perumal The intent of the rules is unclear and there are several consumer protection rules already in place

A compromise amid uncertainty

Garimella Subramaniam The OPEC deal to step up crude production will ease rising prices and balance domestic and global priorities

A view of the BSE building in Mumbai. File

India’s equity market bubble may burst soon

Prasenjit Bose Indranil Chowdhury With all agencies downsizing growth projections, the equity market is vulnerable to a major correction

Markets

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Vodafone Idea has decided to opt for converting about ₹16,000 crore interest dues liability payable to the government into equity which will amount to around 35.8% stake in the company. File

Vodafone Idea shares crack 19% after board offers 35.8% stake to governemnt

PTI If the plan goes through, then the government will become the biggest shareholder in VIL

Bombay Stock Exchange in Mumbai.

Sensex revisits 60,500-level in opening deals; Nifty tops 18,000

PTI On the Sensex chart, HDFC, NTPC, Sun Pharma, HCL Tech, UltraTech and Tech Mahindra emerged as prominent gainers, rising as much as 1.69%

Economy

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Retail sales rise 7% over pre-pandemic level: RAI

PTI ‘Pace of growth drops on COVID wave’

4hrs

Households expecting higher inflation affects bank savings: RBI paper

PTI Sentiment shapes consumption patterns, savings: RBI paper

6mins

Industry

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Households expecting higher inflation affects bank savings: RBI paper

BVG India to foray into new segments, mulls IPO

Curbs imposed on Enoxaparin, IVIG exports

India agrees to allow import of U.S. pork products, says Tai

Retail sales rise 7% over pre-pandemic level: RAI

India discusses trade barriers with South Korea

GlobalBees adds three brands in portfolio

GlobalBees, an e-commerce company said it has added three new brands to its portfolio with unspecified investment in healthy-snack food brand, The

Sresta Natural Bioproducts files draft papers for IPO

The company is in the business of procuring, processing, manufacturing, marketing and research and development of organic food products.

Income tax returns filing deadline for corporates extended till March 15

The deadline to file tax audit report and transfer pricing audit report for 2020-21 fiscal too has been extended till February 15.

IMF names UC-Berkeley’s Pierre-Olivier Gourinchas as next chief economist

As Economic Counsellor, Pierre-Olivier Gourinchas will serve as director of the IMF’s Research Department

Recykal raises $22mn from Morgan Stanley, existing investors

Existing investors Circulate Capital, Vellayan Subbiah and Arun Venkatachalam from the Murugappa Family also participated in this round, the company said in a release.

This decade will see India leading global economic growth: Chandrasekaran of Tata Sons

Pandemic taught us a lesson about sustainability, environment protection

Court dismisses SpiceJet’s appeal against order to wind up

The Madras High Court however, extended the interim stay granted till Jan 28, to allow the airline to prefer a further appeal in the Supreme Court

Indian economy to see 9.5% growth this fiscal: Arvind Virmani

Mr. Virmani noted that COVID-19 pandemic hit economic recovery and pushed for tax reforms.

WTO General Council discusses India’s call for holding virtual Ministerial meet on COVID-19 pandemic response

WTO is a 164-member multilateral body which formulates rules for global exports and imports and adjudicates disputes between two or more than two countries on trade-related issues.

Vodafone Idea shares crack 19% after board offers 35.8% stake to governemnt

If the plan goes through, then the government will become the biggest shareholder in VIL

Rupee gains 13 paise to 73.92 against U.S. dollar in early trade

In the previous session, the rupee had settled at 74.05 against the greenback.

Vodafone Idea board approves 35.8% equity allotment to govt.

Move as per scheme offered by DoT for settlement of dues.

Sensex revisits 60,500-level in opening deals; Nifty tops 18,000

On the Sensex chart, HDFC, NTPC, Sun Pharma, HCL Tech, UltraTech and Tech Mahindra emerged as prominent gainers, rising as much as 1.69%

U.S. announces resumption of pork products export to India

Move follows re-engagement of two governments via U.S.-India Trade Policy Forum

Adani Power, GUVNL settle dispute over power purchase agreement

Adani group decides to waive ₹12,000 crore compensation

Suit against Fortis claims $6 billion in damages

Fortis Healthcare said a U.S.-based entity has filed a suit against it and others, including IHH Healthcare Berhad, for alleged “copyright

KVB customers can pay customs duty online

Private sector lender Karur Vysya Bank Ltd.’s customers can now remit customs duty payment electronically by selecting the bank’s link in ‘ICEGATE’

L&T unit bags significant order from NHSRCL

Larsen & Toubro (L&T) on said its construction arm has bagged a ‘significant’ order from National High Speed Rail Corporation Ltd. (NHSRCL).

Ucal Fuel closes ‘unviable’ plant in Puducherry

‘Products have become obsolete’

Third wave set to delay multiplex recovery: Crisil

‘Big ticket movie releases postponed indefinitely’

PSBs, auto, lift shares ahead of earnings season

Nifty, BSE log 8 session of gains in 11

Outward FDI dips 8% to $2 bn in Dec.

Outward foreign direct investment (FDI) by Indian companies fell by over 8% to $2.05 billion in December in the current fiscal, data from the Reserve

Indian IT firms to log 20-30% growth in 2022: analysts

‘Digital transformation to power deals’

‘Travel curbs to undermine air traffic recovery in near term’

Domestic passenger numbers grew almost 6% month-on-month in December

‘Chip shortages to stay following third wave’

Firms coping with situation: Moody’s

Odisha orders Tata MD’s OmiSure RT-PCR tests

Tata Medical and Diagnostics Ltd. (Tata MD) said it has received an order for five lakh test kits from Odisha State Medical Corporation Ltd. (OSMCL)

Gold declines ₹54; silver tanks ₹178

Gold settled at ₹46,502 per 10 grams in the previous trade

Rupee gains 31 paise to close at 74.03 against U.S. dollar

Rupee witnessed an intra-day high of 74.03 and a low of 74.21 before finally settling at 74.03, a rise of 31 paise over its previous close

U.K. Secretary of State for International Trade to launch FTA talks in Delhi on January 12

The schedule for the 2-day visit to India will include bilateral talks between Anne-Marie Trevelyan and Commerce and Industry Minister Piyush Goyal, the Department for International Trade said.

Startups can play important role to socialise, democratise availability of healthcare: Goyal

“Entrepreneurs should focus on strengthening the Make in India programme”

Vistara fleet comprises 50 aircraft; 12 planes added in last 21 months

Vistara fleet comprises Airbus A320, A320neo, A321neo, Boeing 737 and B787 planes

The ePlane Company raises USD5 million in funding, cargo carrier expected to be rolled out by Feb 2023

The company aspires to build the world's most compact flying taxi, called the e200, for passengers, as well as cargo transport

Two lakh more got jobs in 9 sectors in July-Sept. last year

Report, released by Labour Minister, covers manufacturing, construction, trade, transport, education, health, accommodation and restaurants, IT/BPOs and financial services

Rupee gains 18 paise against U.S. dollar in early trade

In the previous session, the rupee had settled at 74.34 against the greenback

Less than 100 workers of Foxconn return to one of the dormitories, operations to resume in phased manner

Resuming operations with full workforce to take some more months

Sensex surges 470 points to reclaim 60,000 level in early trade

Of the Sensex constituents, 21 shares were trading in the green.

Amazon moves tribunal against CCI order

Amazon has filed an appeal in the National Company Law Appellate Tribunal (NCLAT) against the Competition Commission of India (CCI) order that

Ask us: On investments

Another option is an LIC pension scheme for senior citizens called Pradhan Mantri Vaya Vandana Yojana.

Half-truths and promises galore

Your friendly neighbourhood insurance agent, usually a family friend or even a relative, has you in his sights!

Keep an eye on the portfolio

When taking buy/sell investment calls, investors must understand that the market is not under their control

Devas can seize only 50% of Air India’s assets, says Canada court

It quashes order permitting seizure of funds belonging to Airports Authority of India.

Omicron effect: IndiGo to cut 20% of its flights

Surge in COVID-19 cases hits travel demand

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People showing the correct way to wear an N-95 mask.

45K | The best masks to ward off Omicron

Actor Siddharth (L) and Saina Nehwal

42K | Twitter comment | I used to like him as an actor but this was not nice: Saina Nehwal on Siddharth's remark

Vastly different: Most monoclonal antibodies that were effective to treat COVID-19 are no longer effective to treat Omicron disease.

38K | Omicron epidemic: third wave or new pandemic?

Photo used for representation purpose only. File

18K | Explained | India headed for e-passports: Government plans ambitious expansion of digital network and passport offices

13K | The new microchip infused e-passports

A health worker collects a swab sample for COVID-19 test in Bengaluru on January 8, 2022.

13K | India adds 1.79 lakh COVID-19 cases on January 9, 2022

A complete lockdown (essential services exempted) would be in place on January 16 (Sunday).

11K | Places of worship in Tamil Nadu not open for public from Jan. 14-18; complete lockdown on Jan. 16

Gulabo, the female sloth bear. Photo: Twitter. @van_vihar

10K | India's oldest sloth bear Gulabo dies at Bhopal's Van Vihar national park

Prime Minister Narendra Modi’s cavalcade stranded on a flyover 30 km away from Hussainiwala, in Punjab on January 5, 2022. Photo: Special Arrangement

10K | Supreme Court panel to probe PM Modi security breach