Comment
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
Comment
Garimella Subramaniam The OPEC deal to step up crude production will ease rising prices and balance domestic and global priorities
Comment
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
Rupee trades in a narrow range in early session against U.S. dollar
PTI The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.04% lower at 95.69
Business
Adani Wilmar sets IPO price band at ₹218-₹230 per share
PTI The three-day initial share-sale will open for public subscription on January 27 and conclude on January 31
Economy
States to get ₹47,541 cr. via tax devolution
PTI The Centre will on Thursday release an advance instalment of tax devolution to the States amounting to ₹47,541 crore, the Finance Ministry said. “Finance Minister Nirmala Sitharaman has authorised the release of an advance instalment of tax devolution to State governments amounting to ₹47,541 crore, here today. This is in addition to the regular devolution for the month of January , also being released today,” the Ministry said in a statement. Thus, States would receive a total of ₹95,082 crore
International
Sri Lanka settles sovereign bond payment as reserves dwindle
AP The island nation is in its worst crisis in decades, with people facing shortages of essentials like milk powder, cooking gas and kerosene
Industry
OPEC's share of Indian oil imports falls to lowest in at least 15 yrs
Reuters India's crude imports rebounded 3.9% to 4.2 million barrels per day (bpd) in 2021, the data showed, but remained below pre-pandemic levels in 2019
Industry
Natco, 9 others chosen to supply COVID-19 drug
Special Correspondent UN-backed MPP signs sublicence pacts
Industry
HUL Q3 net rises 17% to ₹2,243 cr.
Special Correspondent High inflation, raw material prices may pressure margins in near term, says CMD