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Jayati Ghosh named by U.N. to high-level advisory board on economic, social affairs

PTI Indian development economist Jayati Ghosh is among 20 prominent personalities appointed by the United Nations to a high-level advisory board that

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Sensex zooms over 340 points in early trade; financial stocks lead rally

PTI The BSE benchmark Sensex surged on 346.55 points in the opening session on Monday, propelled by a rally in financial stocks. The 30-share index was

3hrs

Image for representational purpose only.

Rupee rises 4 paise to 72.93 against U.S. dollar in early trade

PTI On January 22, the rupee had settled at 72.97 against the U.S. dollar

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Take cover from the Silent Killer

Amit Chhabra Buying diabetes-specific insurance plans is now easier

Choosing the frequency of an MCLR reset for your loan

Why SIPs are brain-friendly

Vaccine being given to the beneficiaries during the coronavirus vaccination drive in Bengaluru.

COVID-19 pandemic underlined need for higher budget allocation for healthcare sector

File photo for representation

Asset quality stress touches 'peak', GNPAs may rise after SC order, says Yes Bank

A roadside soft toy vendor waits for customers in Kolkata, West Bengal.

Union Budget 2021 | Govt may announce formulation of policy for toys sector

PTI Quality control order is one of the ways to stop flow of cheap sub-standard toys into the domestic market.

A file photo of Cairn India employees working at a storage facility for crude oil at Mangala oil field at Barmer, Rajasthan.

Cairn Energy’s shareholders ask India to honour arbitration award

PTI An arbitration tribunal last month unanimously overturned a ₹10,247 crore retrospective tax demand on the British oil and gas company and asked the government to return value of the shares it sold, dividend it seized and tax refunds it stopped to enforce the tax.

A statue of "Ekeko," the god of prosperity stands over replicas of good people wish for, during the annual Alasita (”buy me”) Fair in El Alto, Bolivia on January 24, 2021. People attended the opening day of the fair to buy tiny replicas of things they aspire to acquire during the year, like homes, cars, wealth.

Oxfam urges radical economic rejig for post-COVID world

PTI Anti-poverty campaigner Oxfam on January 25 warned that the fallout of the coronavirus pandemic will lead to the biggest increase in global inequality on record unless governments radically rejig their economies.In a report geared to inform discussions at the World Economic Forum’s online panels of political and business leaders this week, Oxfam said the richest 1,000 people have already managed to recoup the losses they recorded in the early days of the pandemic because of the bounce back in

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Opinion & Analysis

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PARLEY | Comment

Parley: Does the Budget do enough in providing a stimulus to growth?

Suresh Seshadri By not cutting spending despite constraints, the Budget ensures momentum doesn’t backslide

A government that is clueless on the economy

Pulapre Balakrishnan Listening to the Budget speech, one would hardly get any indication of either the economic slowdown or the unemployment rate, which is the highest in decades

A Budget exercise that is designed for stressed times

T.T. Ram Mohan The FM deserves credit for keeping the capital expenditure steady amid receipts shortfall; but her plan does not meet market expectations of sweeping reforms

Markets

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Sensex zooms over 340 points in early trade; financial stocks lead rally

PTI The BSE benchmark Sensex surged on 346.55 points in the opening session on Monday, propelled by a rally in financial stocks. The 30-share index was trading 346.55 points or 0.71 per cent higher at 49,225.09 in opening trade. Likewise, the NSE barometer Nifty rose 88.40 points or 0.62 per cent to 14,460.30 in early deals. On the Sensex chart, UltraTech Cement, Bajaj Finance, HDFC, Axis Bank, Bajaj FinServ, HDFC Bank and Mahindra and Mahindra were the prominent gainers. On the other hand, RIL,

3hrs

Image for representational purpose only.

Rupee rises 4 paise to 72.93 against U.S. dollar in early trade

PTI On January 22, the rupee had settled at 72.97 against the U.S. dollar

2hrs

Economy

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A roadside soft toy vendor waits for customers in Kolkata, West Bengal.

Union Budget 2021 | Govt may announce formulation of policy for toys sector

PTI Quality control order is one of the ways to stop flow of cheap sub-standard toys into the domestic market.

INTERVIEW | V. Jagannathan Industry

‘Metro orders took a bad hit’

N Anand Infra projects kept Johnson Lifts on the move, says ED

Industry

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Jayati Ghosh named by U.N. to high-level advisory board on economic, social affairs

Oxfam urges radical economic rejig for post-COVID world

Rupee rises 4 paise to 72.93 against U.S. dollar in early trade

Sensex zooms over 340 points in early trade; financial stocks lead rally

Business Live: Stocks rally; Tata in talks to launch Moderna COVID-19 vaccine in India

Choosing the frequency of an MCLR reset for your loan

Take cover from the Silent Killer

Buying diabetes-specific insurance plans is now easier

Why SIPs are brain-friendly

By setting up an SIP, you eliminate the need to apply analytical thinking each month you make the investment.

Coronavirus | Pandemic underlined need for higher budget allocation for healthcare sector

Preetha Reddy said that public spending in healthcare should increase to deal with future pandemics and for sustained preventive care.

Union Budget 2021 | Govt may announce formulation of policy for toys sector

Quality control order is one of the ways to stop flow of cheap sub-standard toys into the domestic market.

Cairn Energy’s shareholders ask India to honour arbitration award

An arbitration tribunal last month unanimously overturned a ₹10,247 crore retrospective tax demand on the British oil and gas company and asked the government to return value of the shares it sold, dividend it seized and tax refunds it stopped to enforce the tax.

Asset quality stress touches 'peak', GNPAs may rise after SC order, says Yes Bank

The GNPA ratio may shoot up to touch 20% of the overall assets once the Supreme Court order on bad asset recognition comes in, the official said.

Cybersecurity trends turned unpredictable after COVID, says PwC

Any predictions for the immediate future cannot be definitive, the firm says.

Okinawa unveils e-two-wheeler for delivery firms

The vehicle has been designed to cater to delivery of heavy items such as gas cylinders and heavy hardware equipment as well as day-to-day items such as groceries and medicines.

Tata Motors unveils Altroz new variant

Tata Motors has announced the introduction of the i-Turbo variant along with iRA-connected car technology for its premium hatchback Altroz. iRA at an

Demand rising in leisure segment: Oriental Hotels

‘Corporate seeing gradual pick-up’

Apollo raises ₹1,170 cr. via QIB route

Apollo Hospitals on Saturday announced raising ₹1,169.99 crore through allotment of shares to qualified institutional buyers (QIBs).The Fund Raising

‘Halwa’ ritual held, Budget app unveiled

The ceremony is used to mark the launch of the printing exercise for the Budget.

Prepared to meet surge in demand: Coal India

Friday saw record power consumption

UltraTech Q3 net more than doubles on housing, infra

Urban demand expected to improve, says cement maker

Telcos seek clarity on onus of security breach post NSD roll-out

They urge Centre to ensure price competitiveness if Chinese gear is barred.

‘Metro orders took a bad hit’

Infra projects kept Johnson Lifts on the move, says ED

Petrol, diesel prices touch all-time highs

Petrol and diesel prices in the country on Saturday touched new all-time highs after rates were increased for the fourth time this week.Petrol and

Daimler India to improve localisation of CVs

Daimler India Commercial Vehicles has drawn up a 3-year plan to increase the indigenisation percentage in Indian-made commercial vehicles (CVs), said

Wendt India Q3 net profit jumps to ₹3.37 cr.

Wendt India Ltd., a Murugappa group company, has posted a 48% increase in standalone net profit for the third quarter ended December 2020 to ₹3.37

Sensex plunges 746 points as profit booking widens

Banking, metal stocks top losers

Earth Energy to roll out six EVs this year

Automotive start-up Earth Energy EV has announced the introduction of 6 new commercial and non-commercial e-vehicles in the India market this year.

‘Pandemic pushes States’ borrowings up by 82.5%’

‘States totted up ₹4.6 lakh cr. till Dec. 11’

GM says Maharashtra’s move will hurt investments

Officials prevented the company’s efforts to shut shop in State.

RIL net rises 12.5%, revenue slides 21%

Refining-to-telecoms firm shrinks costs by 22% helping buoy profit, adds 50,000 jobs since March

RBI moots scale-based tighter regulatory framework for NBFCs

Aims at staving off systemic risks

Yes Bank Q3 net at ₹147 cr., NPAs rise

CEO says this is the third straight quarter when the bank reported profits.

Biocon’s net slumps 16.7% to ₹169 crore

Biocon reported a 16.7% dip in net profit to ₹169 crore for the third quarter ended December 31.Revenue from operations rose 7.8% to ₹1,851 crore. Its

Medha wins contract for 44 Vande Bharat-type train sets

Hyderabad-based Medha Servo Drives Ltd. has won the about ₹2,211-crore contract for designing and manufacturing propulsion, control and other

Indian bank Q3 net more than doubles

Board gives nod to raise ₹7,000 crore

Grasim to foray into paints

Grasim Ltd. has announced its foray into paints business with an initial investment plan of ₹5,000 crore. The company’s board had approved the

IL&FS addressed debt of ₹2,500 crore in Q3

‘So far repaid ₹32,000 crore of debt’

Tata Motors increases prices of models

Tata Motors has announced prices hikes of up to ₹26,000 for its passenger vehicle range, effective Friday. “Rising input costs and material costs of

Asian Paints to deploy intelligent systems

Plants in Mysore, Visakhapatnam to use AR, VR, automation

Indigo Paints’ IPO subscribed 117 times

The IPO of Indigo Paints Ltd., that closed on Friday, has been subscribed 117.02 times as per data collated from stock exchanges. The ₹1,170 crore IPO

Internet GMV in India to touch $250bn: Redseer

The year 2020 has been a landmark year for India’s consumer internet economy and the country’s GMV (gross merchandise value) grew to $65 billion in

Soaring fuel prices crowd out other spends on credit cards, says SBI Research

Pandemic has altered the spending habits of customers.

Rupee pares losses to settle marginally higher at 72.97 against USD

The domestic unit finally ended 2 paise higher at 72.97 against the U.S. Dollar, marking its fourth straight session of gains.

HDFC Bank submits plan of action to RBI, hopes to fix outage issue in 3 months

The action plan will take 10-12 weeks for implementation.

Sensex plunges on weak global cues, profit booking

Axis Bank was the top loser in the Sensex pack

Gold snaps 3-day gain, falls ₹ 263; silver declines ₹ 806

Snapping a three-day winning streak, gold prices on Friday slipped by ₹ 263 to ₹ 48,861 per 10 grams in the national capital, due to a weak trend in

Petrol crosses ₹ 92 mark in Mumbai, diesel at all-time high

Oil Minister Dharmendra Pradhan earlier this week blamed Saudi oil output cut for the surge in oil prices but remained non-committal on tax cuts.

Sequoia Holdings says employees can draw part of salary in cryptocurrencies

The surge has been powered by increased demand from institutional, corporate and more recently retail investors, attracted by the prospect of quick gains.

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The Income Tax department searched Paul Dhinkaran’s residence and official premises on January 20

33K | I-T raids on Paul Dhinakaran expose ₹120 crore of unaccounted income

Chinese civilians reportedly entered Indian territory and asked villagers to leave the area. Photo: Special Arrangement

16K | Chinese using Indian roads to trespass, say Ladakh villagers

A nurse fills a dose of Covishield vaccine in an injection to administer it to a frontline worker at Rajawadi hospital in Mumbai on January 16, 2021.

14K | The Hindu Explains | How effective are the two COVID-19 vaccines rolled out in India, and are there concerns about safety?

Chinese civilians reportedly entered Indian territory and asked villagers to leave the area. Photo: Special Arrangement

12K | Morning Digest | Ladakh villagers say Chinese using Indian roads to trespass, routes finalised for Republic Day tractor parades, and more

10K | Is BJP going the Congress way?

Representational image

5K | Coronavirus | 2 die in Andhra Pradesh, Telangana days after COVID-19 shot

Tension mounted at the GGH with hundreds of ASHA workers, CITU members and activists staging a sit-in in front of the hospital, alleging the ASHA worker’s death was due to the advers effect of the vaccine.

5K | Family, activists blame COVID-19 vaccine for ASHA worker’s death days after taking the jab in A.P.

LCA Tejas combat aircraft. File

4K | Several countries have shown interest in procuring Tejas aircraft: HAL chairman Madhavan

Farmers arrive in a tractor for their tractor rally planned for January 26 in protest against new farm laws, at Delhi-Uttar Pradesh border on Friday, January 22, 2021.

4K | Farmers’ protests | Police give nod for tractor parades in Delhi on Republic Day