Illustration by Binay Sinha

Given the realities, the prospects of India becoming something more seem bleak, unless transformational change occurs soon

Will India continue to be an underdeveloped lower middle-income country?

Business Standard

A corrupt political-administrative nexus is the real disease, not black money

Percy Mistry: Collateral damage of demonetisation

Percy S Mistry, Tata Sons, Cyrus Mistry, Tata vs Mistry

Percy S Mistry: Resolving the Tata imbroglio

Creditors to the group need to form a Tata Group Creditor Consortium to intervene in stopping this war and preventing further damage

Mumbai needs a fully empowered 'manager' who can be held accountable for things. 


Percy Mistry: Challenges of developing and managing Mumbai

Having excelled himself on the crucial point of PSU banks, Shankar Acharya gets it wrong. 


Percy Mistry: Acharya`s off target, but not completely!

Just 5 per cent of the comments on the report have actually taken issue with it. 


Percy Mistry: Of discourse, garlands and brickbats

If everyone is cruising at 120 kmph, insisting on driving at 20 kmph is neither safe nor prudent. 


Percy Mistry: The urgency of a new round of financial reforms

The weakness of these banks is preventing changes to fix the financial system. 


Percy Mistry: The problems caused by state-owned banks

India needs to shift from prescriptive rules-based regulation to a principles-based one. 


Percy Mistry: The new challenge of financial regulation

The Brown rescue package amounts to usurious extortion.

Percy Mistry: Acquiescing to unbridled state power!

Stocks to buy today: Jigar S Patel of Anand Rathi suggests initiating long positions in HDFC Bank share price in the 1,850-1,875 range, with an upside target of 2,050

HDFC Bank, HDFC

Exotel's expansion into high-growth markets like Saudi Arabia, UAE, and the USA is driving new revenue streams and the company said it is poised for strong growth in FY25

AI, Artificial Intelligence

India Women extended their unbeaten run against the West Indies to nine consecutive T20I victories with a dominating 49-run win in the series opener here on Sunday.
After Jemimah Rodrigues (73) and Smriti Mandhana (54) powered India to their highest-ever total of 195 for four against the Caribbean side and their third highest overall in the format, the West Indies responded with 146 for seven.
At the top, young Qiana Joseph dazzled with a 33-ball 49, while veteran Deandra Dottin (52) recorded her first fifty since making a comeback to T20Is earlier this year, but their efforts were not enough.
West Indies' hopes were dealt a body blow in the second over when substitute fielder Minnu Mani produced a superb athletic catch to see the back of West Indies' skipper Hayley Matthews (1) off Titas Sadhu (3/37).
Joseph cracked five fours and three sixes to keep the scoreboard ticking but West Indies could not produce big partnerships in the middle.
Joseph and Shemaine Campbelle (13) put on 

Cricket, Bat, Ball, Bat Ball

India vs Australia live updates: India are still pondering over when will the Australian side decide to declare their innings and try and bowl out the Indians as quickly as possible on the day.

India vs Australia live score updates 3rd Test day 3

Ruben Amorim etched his name into Manchester United folklore, becoming the first Red Devils manager since the legendary Sir Alex Ferguson to win the his first Manchester derby.

Ruben Amorim

The Bengaluru police arrested Nikita Singhania from Gurugram while her mother and brother were arrested from Prayagraj in Uttar Pradesh

Nikita Singhania arrest

You have come at a time when the growth-inflation dynamics is changing and the rupee is under pressure

Sanjay Malhotra

RCap subsidiaries to get listed by mid-2026, 2027

reliance capital

Catch all the latest happenings from around the world here

The much-anticipated provision of the deal value threshold (DVT) under the Competition Amendment Act 2023, notified on Monday, seeks to capture mergers and acquisitions (M&As) where the deal value exceeds Rs 2,000 crore or where the target company ha

India's import of Russian crude oil dropped in November to its lowest level since June 2022 but the Kremlin continues to be the biggest source of oil for India, according to a monthly tracker report of a European think tank.
India became the second biggest buyer of Russian crude oil since Moscow invaded Ukraine in February 2022, with purchases rising from less than one per cent of the total oil imported to almost 40 per cent of the country's total oil purchases.
The rise was primarily because the Russian crude oil was available at a discount to other internationally traded oil due to the price cap and the European nations shunning purchases from Moscow.
"India's imports of Russian crude oil dropped by a massive 55 per cent in November - the lowest figure since June 2022," the Centre for Research on Energy and Clean Air (CREA) said its latest report.
Russia remained India's top oil supplier, followed by Iraq and Saudi Arabia.
"China has bought 47 per cent of Russia's crude exports,

Russia’s state-owned oil firm Rosneft has agreed to supply up to 500,000 barrels per day (bpd) of crude oil to Indian upstream oil and gas major Reliance Industries (RIL) in the largest-ever energy deal between the two countries, Reuters reported on

Russia's state-owned oil firm Rosneft has agreed to supply up to 500,000 barrels per day (bpd) of crude oil to Indian upstream oil and gas major Reliance Industries (RIL) in the largest-ever energy deal between the two countries, Reuters reported on

Over 62 million cases of tuberculosis and eight million deaths are estimated in India in the two decades up to 2040, along with a Gross Domestic Product (GDP) loss of more than USD 146 billion, according to a study.
The researchers, including those from the London School of Hygiene and Tropical Medicine, UK, said that low-income households would bear the larger share of health-related burden, while the high-income ones the larger share of the economic burden due to the disease.
Tuberculosis is a bacterial disease that can spread in the air when an infected person coughs, sneezes or speaks. Primarily affecting the lung, the condition can be potentially fatal, as it can spread to other organs. The common symptoms include a persistent cough, chest pain, fever and fatigue.
Improving case detection rates -- currently estimated to be 63 per cent -- and meeting the World Health Organization's End-TB target of 90 per cent could reduce clinical and demographic disease burdens by 75-90 per ..

Eighty-six Indian nationals were attacked or murdered in various countries in 2023, the government informed the Parliament on Thursday.
Minister of State for External Affairs Kirti Vardhan Singh shared the data in a written response to a query.
In his response, he shared country-wise data for the the last three years.
The figures were -- 29 in 2021, 57 in 2022 and 86 in 2023.
In 2023, out of the 86 Indian nationals who were attacked or murdered, the figures for the US stood at 12, while it was 10 each for Canada, the UK and Saudi Arabia, as per the data shared.
"The safety and security of Indians abroad is one of the foremost priorities for the government of India. Our Missions and Posts remain vigilant and closely monitor any untoward incident. Such incidents are immediately taken up with the concerned authorities of the host country to ensure that the cases are properly investigated and the perpetrators are punished," he said.
These issues are also raised during meetings with t

Parliament, New Parliament

President Joe Biden is closely monitoring the situation in Bangladesh and the United States will hold the Bangladeshi interim government accountable for ensuring the protection of religious and ethnic minorities in the country, the White House has said.
"The security situation in Bangladesh has been difficult following the ouster of the former prime minister. And we have been working closely with the interim government to enhance the capability of their law enforcement and security services to deal with the challenge," White House National Security Communications Advisor John Kirby said at a news conference on Thursday.
"We have been very clear in our engagement with all Bangladeshi leaders that protection of religious and ethnic minorities  security to all Bangladeshis regardless of religion or ethnicity. We want to hold them to that," Kirby said in response to a question.
Over the past few weeks, Indian Americans have held peaceful protests and marches in several cities, including

Joe Biden, Biden

The head of the Federal Aviation Administration, who has led a tougher enforcement policy against Boeing since a panel blew off a jetliner in January, said Thursday that he will step down next month, clearing the way for President-elect Donald Trump to name his choice to lead the agency.
Mike Whitaker announced his pending resignation in a message to employees of the FAA, which regulates airlines and aircraft manufacturers and manages the nation's airspace. He became the agency's administrator in October 2023.
Since then, the challenges confronting Whitaker have included a surge in close calls between planes, a need for stricter oversight of Boeing. antiquated equipment and a shortage of air traffic controllers at a time of high consumer demand for air travel.
The United States is the safest and most complex airspace in the world, and that is because of your commitment to the safety of the flying public, Whitaker said in the message to employees. This has been the best and most ...

Donald Trump, Trump

F&O Trading, HPCL stock: The stock price has been forming bullish 'Higher Top-Higher Bottom' formation on the weekly chart

Percy Mistry

Percy Mistry

Percy Mistry

Will India continue to be an underdeveloped lower middle-income country?

Percy Mistry: Collateral damage of demonetisation

Percy S Mistry: Resolving the Tata imbroglio

Percy Mistry: Challenges of developing and managing Mumbai

Percy Mistry: Acharya`s off target, but not completely!

Percy Mistry: Of discourse, garlands and brickbats

Percy Mistry: The urgency of a new round of financial reforms

Percy Mistry: The problems caused by state-owned banks

Percy Mistry: The new challenge of financial regulation

Percy Mistry: Acquiescing to unbridled state power!

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