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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.

2hrs

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’

PTI Nomura cites fresh curbs as index falls

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

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.

Rupee saw an intra-day high of 74.16.

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

PTI The rupee finally settled at 74.24.

Opinion & Analysis

See All

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%

10mins

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."

17mins

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

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

Gold rallies ₹ 176 on global cues

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

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

Budget | FADA seeks GST rate cut on two-wheelers

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

HDFC Bank net rises 18% on non-interest income

Dip in provisioning for bad loans helps

AGS Transact Tech unveils ₹ 680 crore IPO

AGS Transact Technologies Ltd, a payment solutions provider, has announced plans to open its ₹ 680 crore Initial Public Offering (IPO) on January 19,

India’s trade with China crosses $125 billion, imports near $100 billion

Data show continued demand for a range of Chinese goods, particularly machinery

Minimum 6 airbags to be made mandatory in vehicles carrying up to 8 passengers from October: MoRTH

To minimise the impact of frontal and lateral collisions on the occupants seated in both front and rear compartments, it has been decided that 4 additional airbags be mandated in the M1 vehicle category.

Maruti Suzuki hikes vehicle prices by up to 4.3% to offset rise in input costs

The auto major has already hiked the vehicle prices three times last year.

Probe panel finds Coal India subsidiary guilty of illegal mining in Assam

North Eastern Coalfields extracted coal worth ₹4,872 crore without obtaining mining rights, the Justice B.P. Katakey panel report said.

Sensex, Nifty end marginally lower

Asian Paints was the top loser in the Sensex pack followed by Axis Bank, HUL, Wipro, M&M, HDFC and Bharti Airtel.

Rupee slumps 25 paise to close at 74.15 against U.S. dollar

Local unit fell after U.S. Fed policymakers signalled they will start to raise interest rates in March to combat inflation

Hero MotoCorp expands operations in El Salvador

There has been a growing demand among customers in the country for the company’s products, says Head of Global Business

JSW Infra raises $400 million though SLB issue

The proceeds of this issue will be used to repay the existing debt of the company and its subsidiaries

WPI inflation eases to 13.56% in December; food items, veggies see price rise

WPI inflation has remained in double digits for the ninth consecutive month beginning April.

Rupee falls 19 paise to 74.09 against U.S. dollar in early trade

Foreign institutional investors remained net sellers in the capital market on January 13, as they offloaded shares worth ₹1,390.85 crore, as per exchange data

Microsoft opens harassment investigation sought by investors

Nearly 78% of shareholders at the company's annual meeting voted to demand more accountability in addressing workplace sexual harassment complaints

Sensex slumps over 400 points in early trade; Nifty dips below 18,200

HCL Tech was the top loser in the Sensex pack, shedding 2.49%

Fast growing credit demand in Q3 indicates revival of pvt capex cycle: Report

Credit growth, which has been lagging deposits for years, turned buoyant in the third quarter of this fiscal by a wide margin at ₹3.5 lakh crore as

WayCool Foods raises $117 million

City-based WayCool Foods has raised $117 million from new and existing investors to expand its business and to invest in complementary business to

TVS Motor signs pact with Swiggy

TVS Motor Company Ltd., the leading manufacturers of two and three-wheelers, on Thursday announced a strategic tie-up with Swiggy, to accelerate

SBI raises $300 million via Formosa bonds

State Bank of India, acting through its London branch has raised US$300 million “Regulation S” Formosa bonds at a coupon rate of 2.49%, the bank said

Flipkart buys recommerce firm Yaantra

Flipkart on Thursday announced the acquisition of Yaantra, an electronics recommerce company, to strengthen its recommerce business and enhance

Yezdi returns in new forms

Yezdi, the motorcycle brand that signified thrill and adventure is back in new formsClassic Legends Pvt. Ltd., the Mahindra Group start-up, has

Truecaller acquires CallHero for $4.5 million

Sweden-headquartered Truecaller on Thursday said it has entered into an agreement to acquire the Israeli company CallHero that helps users verify and

Private equity fund Recognize raises $1.3 bn

‘Portfolio focus to be on tech services’

Udaan’s Price Company to enter T.N.

The company will now foray into Tamil Nadu starting with Chennai, and in the next three months aims to expand operations to 20-30 cities in State

Mindtree Q3 net rises 34% to ₹438 crore

IT major to tap tier 2, 3 cities

Tata Motors Q3 global sales rises 2%

Tata Motors Group global wholesales in Q3 FY22, including that of Jaguar Land Rover, stood at 2,85,445 units higher by 2% compared with Q3 FY21, Tata

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