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Government appoints Dr. V. Anantha Nageswaran as the Chief Economic Advisor on January 28, 2022 ahead of the Union Budget. Twitter/@FinMinIndia

Ahead of Budget, V Anantha Nageswaran joins as Chief Economic Advisor

Special Correspondent The new CEA was a part-time member of the PM’s Economic Advisory Council

Miles to go: The restoration of livelihoods and the revival of MSMEs are tasks that lie ahead, says Patra.

RBI’s accommodative approach has served country well: Patra

The Hindu Bureau Reserve Bank’s measures helped in economic turnaround, says Deputy Governor

Photo used for representational purpose only.

SC gives SpiceJet 3 weeks to resolve payment claim

Krishnadas Rajagopal Airline owes $24 million to Swiss vendor

‘Banks to transfer 15 NPAs worth ₹50,000 cr. to NARCL’

The Hindu Bureau Transfers part of Phase I, to take place by March 31: Khara

Photo used for representational purpose only.

Government urges SEBI to fast track LIC IPO

Photo used for representational purpose only.

Drone entrepreneurs want rules simplified

Apple posts record sales as chip crunch eases

6hrs

L&T Q3 net declines 17% sans one-time gain

A Bharti Airtel office building is pictured in Gurugram, previously known as Gurgaon, on the outskirts of New Delhi.

India needs multi-pronged approach to connect 1.3 billion people: Airtel on Jio-Google ties

PTI Bharti Airtel is the second Indian telecom firm after Jio in which Google is making equity investment

CEO of Google and Alphabet, Sundar Pichai

Google to invest up to $1 billion in a partnership with Airtel

Yuthika Bhargava The amount will include equity investment as well as a corpus for potential commercial agreements

Deputy Governor Michael Patra. File image.

RBI 'behind the curve' critique: Deputy Guv. Patra asserts 'approach has served us well'

PTI Deputy Governor Michael Patra pointed out that the GDP is set to grow by 9.2% in FY22 after a 7.3% contraction in FY21.

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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Photo used for representational purpose only. File

Rupee up 4 paise at 75.05 against U.S. dollar

PTI The dollar index, which gauges the greenback's strength against a basket of six currencies, fell by 0.08% to 97.17

People walk past digital screen outside Bombay Stock Exchange.

Sensex rebounds over 700 points to reclaim 58K-level in early trade

PTI The 30-share index zoomed 723.55 points 1.26% to 58,000.49 in initial trade

Economy

See All

Government appoints Dr. V. Anantha Nageswaran as the Chief Economic Advisor on January 28, 2022 ahead of the Union Budget. Twitter/@FinMinIndia

Ahead of Budget, V Anantha Nageswaran joins as Chief Economic Advisor

Special Correspondent The new CEA was a part-time member of the PM’s Economic Advisory Council

Deputy Governor Michael Patra. File image.

RBI 'behind the curve' critique: Deputy Guv. Patra asserts 'approach has served us well'

PTI Deputy Governor Michael Patra pointed out that the GDP is set to grow by 9.2% in FY22 after a 7.3% contraction in FY21.

Industry

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Kotak Mahindra Bank net rises 15%

Apple posts record sales as chip crunch eases

Piramal to move SC over DHFL bid

Government urges SEBI to fast track LIC IPO

Vedant Fashions unveils ₹3,150-crore IPO

Gold demand rose 79% in 2021: WGC

DRL net rises to ₹709 cr. as impairment declines

Improved sales helps lift Q3 profit

L&T Q3 net declines 17% sans one-time gain

‘Had to deal with worrisome inflation’

Drone entrepreneurs want rules simplified

Government’s Drone Rules 2021 and PLI scheme for the drone industry has given a push to the industry

‘Banks to transfer 15 NPAs worth ₹50,000 cr. to NARCL’

Transfers part of Phase I, to take place by March 31: Khara

SC gives SpiceJet 3 weeks to resolve payment claim

Airline owes $24 million to Swiss vendor

Centre appoints Anantha Nageswaran as CEA

Economist joins 4 days before Budget

RBI’s accommodative approach has served country well: Patra

Reserve Bank’s measures helped in economic turnaround, says Deputy Governor

India needs multi-pronged approach to connect 1.3 billion people: Airtel on Jio-Google ties

Bharti Airtel is the second Indian telecom firm after Jio in which Google is making equity investment

Meta partners FICCI to support 5 lakh women-led SMBs in India

The announcement was made during Meta's inaugural National Women Entrepreneurship Summit to encourage industry dialogue and steps to support the micro, small and medium enterprises across sectors.

Switch to set up EV tech centre in Spain

Switch Mobility Ltd. (Switch) has selected Valladolid in Spain as a site to house its new advanced manufacturing and technology centre to make

Ahead of Budget, V Anantha Nageswaran joins as Chief Economic Advisor

The new CEA was a part-time member of the PM’s Economic Advisory Council

Tata Coffee Q3 net profit rises to ₹69.46 crore

The company had clocked a net profit of ₹50.18 crore in the same quarter of the previous financial year, according to a BSE filing.

Sensex succumbs to late sell-off, ends 77 points lower

Sensex was pulled lower mainly by Maruti, Tech Mahindra, PowerGrid, ICICI Bank, Axis Bank and SBI .

Rupee closes almost flat at 75.07 against U.S. dollar

The rupee opened at 75.12 a dollar and witnessed an intra-day high of 74.88 and a low of 75.13.

RBI 'behind the curve' critique: Deputy Guv. Patra asserts 'approach has served us well'

Deputy Governor Michael Patra pointed out that the GDP is set to grow by 9.2% in FY22 after a 7.3% contraction in FY21.

Global gold demand rose 10% in 2021: WGC

The December quarter witnessed a 10-quarter high, says the report

Understanding the formulation of the Budget

How does the Budget affect economy and growth? In a pandemic year, is the fiscal policy tuned to addressing contemporary challenges of unemployment and low output growth rate?

China conditionally approves AMD's $35 billion deal for Xilinx

The regulatory approval from Beijing brings the purchase, which was first announced in October 2020, closer to completion.

Facebook’s cryptocurrency venture to wind down and sell tech assets

Meta first unveiled plans for Diem, known as Libra earlier, in June 2019, as part of an effort to expand beyond social networking into e-commerce and global payments.

Rupee up 4 paise at 75.05 against U.S. dollar

The dollar index, which gauges the greenback's strength against a basket of six currencies, fell by 0.08% to 97.17

Sensex rebounds over 700 points to reclaim 58K-level in early trade

The 30-share index zoomed 723.55 points 1.26% to 58,000.49 in initial trade

Google to invest up to $1 billion in a partnership with Airtel

The amount will include equity investment as well as a corpus for potential commercial agreements

Facebook wins conditional EU antitrust nod for Kustomer deal

Kustomer, which sells CRM software to businesses so they can communicate with consumers, would help Facebook scale up its instant messaging app WhatsApp

USIBC greets Tata group on homecoming of Air India

The top American corporate body also commends the Government of India’s successful asset monetisation programme.

SC restrains Punjab from taking coercive steps against GVK Power

The company has challenged termination of power purchase agreement

‘70% of OTT viewers frustrated with content navigation’

Some 46% surf for 6 minutes to find something worth watching: Accenture study

L&T signs MoU with HydrogenPro for manufacturing Hydrogen Electrolysers in India

Larsen & Toubro Ltd (L&T), said it has entered into a Memorandum of Understanding (MoU) with HydrogenPro AS, a Norway-based electrolyser

L&T Infotech, IIT Madras to create 5G base station for rural connectivity

Larsen & Toubro Infotech (LTI), a technology consulting and digital solutions company, has partnered with IIT Madras for collaborative research on

Mahindra enters into e-cart segment

Mahindra Electric Mobility Ltd, a part of the Mahindra Group, has announced the introduction of its new electric 3-wheeler, thee Alfa Cargo at ₹1.44

Kirloskar Oil Engines MD Sanjeev Nimkar quits

Sanjeev Nimkar, MD, Kirloskar Oil Engines, has resigned from the post citing personal reasons, the company said. The board has requested Gauri

Rane Brake Lining Q3 net profit slides 47%

Rane Brake Lining Ltd. said standalone net profit for the third quarter slumped 47% to ₹6.9 crore due to a decline in sales volume. Revenue from

CG Power Q3 net dips 5.5%, revenue doubles

CG Power and Industrial Solutions Ltd., a Murugappa group firm, said standalone net profit for the third quarter shrank 5.5% to ₹360 crore from a year

BoAt hearables maker files for ₹2,000-cr. IPO

Imagine Marketing Limited, the makers of boAt brand of hearables, has filed a draft red herring prospectus (DRHP) with markets regulator SEBI for a

Generali to own majority in Indian insurance JVs

Future sells 25% in general insurer

TVS Motor Co. buys 75% of Swiss EV firm

This is the second acquisition by TVS Motor in recent times after the buyout of majority stake in e-mobility firm EGO Movement in September.

Renault-Nissan to ally more in $26 bn EV bet

The two-decade old alliance, which also includes Mitsubishi Motors, said it would increase the number of common platforms for electric vehicles (EV) to five from four.

Laurus Labs Q3 net slides 43% as ARV sales drag

Drugmaker post ₹154.97 cr consolidated net profit

‘Work-from-home, online learning driving PC demand’

Bullish on growth despite supply chain challenges: HP India

Ola Electric to set up EV design centre in the U.K.

Firm to invest $100 mn in R&D facility

Swiss gold exports to China and India hit multi-year highs

Demand recovered in 2021 in biggest consumer markets

Bonds, rupee weaken as Fed tone sparks outflow concerns

U.S. central bank says interest rate increase likely in March

India seen boosting budget spending on infrastructure

‘Fiscal constraints limit room for concessions to pandemic-hit households’

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