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Vikram Dev Dutt to head Air India

The Hindu Bureau The appointment comes at a time the government is in the final stages of handing over the airline to Tata Sons

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Vinay Dube, Akasa Air's Founder, Managing Director and CEO.

Akasa Air: Will get first aircraft in April, flights from May or June, says founder

Jagriti Chandra The country’s newest airline will acquire 18 aircraft in the first year and focus on domestic routes, before launching international flights, says Managing Director and Chief Executive Officer Vinay Dube.

Omicron overhang: Fresh lockdowns in several cities and the slowdown in the fourth quarter have also cast a shadow.

China’s economy grows 8.1% to $18 tn

Ananth Krishnan Fastest expansion since 2011 was driven by exports, consumption; slump in birth rate clouds outlook

The regulator had published ‘Investor Charter’ for the securities market last year besides announcing several other steps towards empowerment of investors,

SEBI mulls ‘alternate dispute resolution’ tool

Special Correspondent ‘Aim is to help empower investors’

The index has slumped by 17.4 percentage points since the third wave struck at the cusp of the new year.

‘Third wave undoes last year’s resumption gains’

Representational image.

FADA urges GST cut for two-wheelers, used cars

C. Vijayakumar.

Business is in the best shape it could ever be: HCL Tech MD

‘Omicron more of a flash flood than a wave, lifting prospects’

A two-year-old Yemeni child suffering from malnutrition. The World Food Programme said on December 22 that it was "forced" to cut aid to Yemen due to lack of funds as the world’s ten richest men saw their wealth increase exponentially. File

Oxfam report says over 16 crore more people forced into poverty in two years of pandemic

PTI Study showed that the pandemic has set gender parity back from 99 years to now 135 years, with women collectively losing $800 billion in earnings

Photo used for representational purpose only. File

Third wave of COVID-19 has airlines industry looking at ₹20,000 crore net loss

PTI Domestic air traffic has already plummeted 25% in the first week of January

Bombay Stock Exchange (BSE) in Mumbai. File

Sensex, Nifty edge higher on gains in auto, energy stocks

PTI Ultratech Cement was the top gainer in the Sensex pack, surging nearly 3% , followed by M&M, Maruti, Tata Steel, TCS, L&T, SBI and HUL.

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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A view of the Bombay Stock Exchange (BSE), in Mumbai. File

Sensex tanks 550 points; Nifty slumps below 18,150

PTI Basic Materials, Telecom, Auto, Realty and Metal indices fell up to 2.76%

On Thursday, the rupee climbed 28 paise.

Rupee slumps 33 paise to close at 74.58 against U.S. dollar

PTI "Higher crude oil prices and risk-off sentiments following a surge in bond yields are enough for the rupee to become the worst-performing currency among Asian currencies."

Economy

See All

Omicron overhang: Fresh lockdowns in several cities and the slowdown in the fourth quarter have also cast a shadow.

China’s economy grows 8.1% to $18 tn

Ananth Krishnan Fastest expansion since 2011 was driven by exports, consumption; slump in birth rate clouds outlook

Photo used for representational purpose only. File

Third wave of COVID-19 has airlines industry looking at ₹20,000 crore net loss

PTI Domestic air traffic has already plummeted 25% in the first week of January

Industry

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Dixon, boAt form JV for audio items

Tata Motors increases PV prices

Centre invites applications for IRDAI post

Wabco India to be renamed

Third wave to dent HFC asset growth by 200 bps

‘Two-pronged strategy to bolster CG Power’

Vikram Dev Dutt to head Air India

The appointment comes at a time the government is in the final stages of handing over the airline to Tata Sons

Sensex tanks 550 points; Nifty slumps below 18,150

Basic Materials, Telecom, Auto, Realty and Metal indices fell up to 2.76%

Rupee slumps 33 paise to close at 74.58 against U.S. dollar

"Higher crude oil prices and risk-off sentiments following a surge in bond yields are enough for the rupee to become the worst-performing currency among Asian currencies."

Interview | Akasa Air: Will get first aircraft in April, flights from May or June, says founder

The country’s newest airline will acquire 18 aircraft in the first year and focus on domestic routes, before launching international flights, says Managing Director and Chief Executive Officer Vinay Dube.

Rupee falls 18 paise to 74.43 against US dollar in early trade

At the interbank foreign exchange, the rupee opened weak at 74.36 against the U.S. dollar, then fell further to 74.43 against the greenback in early deals, registering a decline of 18 paise from the last close

Sensex gains over 135 points in early trade; Nifty tests 18,350

Sun Pharma was the top gainer in the Sensex pack, rising 1.49%, followed by ITC, Tech Mahindra, Bajaj Finserv, Bajaj Finance, PowerGrid and Axis Bank

Exports target of $650 billion within this fiscal achievable: Goyal

Commerce and Industry Minister Piyush Goyal informed that during the current month till January 15, exports have touched $16 billion.

DoT amends telecom licences to enable machine-to-machine communications

The DoT has also added a clause for provisioning of audiotex or interactive voice response service (IVRS) as part of telecom licence

‘Third wave undoes last year’s resumption gains’

Nomura cites fresh curbs as index falls

Uncertainty delays jobs recovery: ILO

The global job market will take longer to recover than previously thought, with unemployment levels set to remain above pre-COVID-19 levels until at

‘Axis closing in on Citi India’s consumer unit’

Axis Bank has emerged as the front runner to buy Citi’s consumer business in India, which is being valued at about $1.5 billion in a planned deal

VA Tech Wabag bags $100 mn contract in UAE

City-based VA Tech Wabag, a water technology multinational firm, has secured its first order in UAE valued at $100 million. The order relates to

SEBI mulls ‘alternate dispute resolution’ tool

‘Aim is to help empower investors’

M&M unveils scheme for BS 6 CVs

Mahindra’s Truck and Bus Division (MTB), part of the Mahindra Group, has announced ‘Get More Mileage or Give Truck Back’ guarantee plan for its BS 6

FADA urges GST cut for two-wheelers, used cars

‘A two-wheeler is not a luxury item’

China’s economy grows 8.1% to $18 tn

Fastest expansion since 2011 was driven by exports, consumption; slump in birth rate clouds outlook

Business is in the best shape it could ever be: HCL Tech MD

HCL Technologies CEO and MD C. Vijayakumar on Monday said business was in the best shape that it could be and the company is optimistic of a good

‘Omicron more of a flash flood than a wave, lifting prospects’

Overall economic activity strong, RBI officials say in bulletin

UltraTech Q3 profit rises 8% to ₹1,708 cr.

UltraTech Cement Ltd. reported consolidated net profit rose 8% year-on-year (YoY) to ₹1,708 crore for the third quarter ended December 2021.The profit

Third wave of COVID-19 has airlines industry looking at ₹20,000 crore net loss

Domestic air traffic has already plummeted 25% in the first week of January

Oxfam report says over 16 crore more people forced into poverty in two years of pandemic

Study showed that the pandemic has set gender parity back from 99 years to now 135 years, with women collectively losing $800 billion in earnings

Gold rallies ₹ 176 on global cues

Gold prices rose by ₹ 176 to ₹ 47,881 per 10 grams in the national capital on Monday in line with gains in the precious metal in the global markets

Rupee slips 9 paise to close at 74.24 against U.S. dollar

The rupee finally settled at 74.24.

Sensex, Nifty edge higher on gains in auto, energy stocks

Ultratech Cement was the top gainer in the Sensex pack, surging nearly 3% , followed by M&M, Maruti, Tata Steel, TCS, L&T, SBI and HUL.

Budget | FADA seeks GST rate cut on two-wheelers

Finance Minister Nirmala Sitharaman is scheduled to present the Union Budget 2022-23 in Parliament on February 1.

Chingari raises $15 million funding from Republic Capital, others

In April last year, Chingari had raised $13 million in a pre-Series A round led by OnMobile Global.

Rupee trades in a narrow range in early session against U.S. dollar

On Friday, the rupee had slumped 25 paise to close at 74.15 against the U.S. dollar.

Sensex rises 120 points in early trade; Nifty near 18,300

Maruti was the top gainer in the Sensex pack followed by SBI, M&M, ICICI Bank, Bajaj Finserv, HDFC, Infosys and HDFC Bank.

Watch out, herding comes naturally to us

Greed, for lack of a better word, is good, said Gordon Gekko, a character portrayed by Michael Douglas in the 1987 Hollywood classic, Wall Street.But

Ask us | On investments

Q. I am 22 and have managed to save some funds from pocket money during my time at college and converted it into a fixed deposit. Yet, with the very

Latch on to the certainty of a fixed rate home loan

With the loose monetary policy likely to end soon, it makes sense to lock into interest rates that will stay static for a while

ATF price hiked by 4.2%

This is the second increase in rates this month.

Blisswater plans market expansion

Blisswater Industries Private Ltd which is into Alcobev segment has chalked out plans for expanding its market in India and abroad, its CEO said. “In

Start-up Fipola to double retail presence

Fipola Retail India, an omni-channel meat Direct to Consumer (D2C)) start-up, has announced plans to expand its retail presence in the southern part

PLI: RIL unit, 9 others bid for battery storage

RIL subsidiary Reliance New Energy Solar, Hyundai Global Motors, Ola Electric, Mahindra & Mahindra and Larsen & Toubro are among the 10 firms

Explained | Has the process to measure TRPs improved?

After rigging allegations, what steps has the Broadcast Audience Research Council, which releases the ratings, taken?

Explained | Why is India challenging WTO verdict on sugar?

When did Australia, Brazil and Guatemala file a complaint and what are the rules?

Tour operators seek PM’s help to overcome crisis

They demand one time-financial aid

Maruti Suzuki raises vehicle prices again

Maruti Suzuki on Saturday announced its fourth price increase during the current fiscal across models, to mitigate the impact of the increase in

Tech sector got COVID-19 ‘windfall’ of $100 billion: HFS Research

‘Indian firms likely captured over 50%’

India-China trade crossed $125 bn in 2021

Value jumped from $92.8 bn seen in 2019; imports from northern neighbour neared $100 bn last year

Mapping apps enable our digital infrastructure: Anup Jindal

They facilitate new businesses: RMSI, provider to Apple Inc

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