Page 43 - Latest News

Biden's move to block Nippon Steel takeover sparks uncertainty for workers

On Friday, Biden said he was stopping the Nippon takeover after federal regulators deadlocked on whether to approve it

Govt to switch on massive subsidy to supercharge EV infrastructure

Subsidy to support 72,300 fast charging stations across the country

Auto component companies focus on new markets, products as growth slows

According to a recent CRISIL report, while replacement demand will provide some support, export growth is expected to taper compared to the previous year

Weakening rupee may not be shot in the arm for India's pharma exporters

The rupee has been hovering above Rs 85 mark vis-a-vis the US dollar in the recent past

Rail freight hits fast track in India's auto industry, shows data

According to data available with BS, the number of rakes handled by Railways for the automotive sector between April, December of FY25 stood at 5,651 units, up from 5,198 rakes in FY24

Healthy order books may lift bottom lines in capital goods sector in Q3

Benign raw material costs, execution of healthy order book to aid growth, say analysts

India's FY25 GDP growth likely to remain in 6.4-6.8% range: Experts

Rural demand, services sector may lift H2 showing

Delhi authorities issue guidelines to prevent HMPV virus outbreak

They were directed to ensure the availability of paracetamol, antihistamines, bronchodilators, and cough syrups for treating mild cases, along with oxygen

Donald Trump hosts Italian Prime Minister Georgia Meloni at Mar-a-Lago

Trump walked in to a movie screening at his resort with Meloni and pointed her out to a crowd

Q3 results preview: Weak urban demand likely to weigh on FMCG volumes

But price hikes will help push revenues up, say brokerages

Why was George Soros awarded Medal of Freedom by Biden administration?

With around two weeks left in the Biden administration before Donald Trump takes office, the awards sparked controversy, particularly with recipients such as Hillary Clinton and George Soros

Accel's $650 mn India fund to focus on AI, fintech startups, manufacturing

One of the opportunities identified by Accel under the consumer theme is 'Bharat', where startups cater to the top 30 per cent of households in India's Tier-2+ regions

Delhi's excise revenue up by 13% in first three quarters of 2024-25

In comparison, the department in April-December 2023, earned Rs 5,361 crore in excise revenue, including Rs 1,643 crore as VAT

'Embers of the Hands': Barraclough uncovers untold stories of history

People love the blood-soaked sagas that chronicle the deeds of (actual) Vikings. They love what Barraclough calls the "soap opera lives" of Norse gods

Foxconn beats estimates with record Q4 revenue driven by AI demand

Robust AI server demand led to strong revenue growth for its cloud and networking products division, said Foxconn, whose customers include AI chip firm Nvidia

Politics of funding religious outreach: Examining nationwide schemes

As the AAP govt promises salaries to temple and gurudwara priests, a look at other parties nationwide that have made similar announcements or rolled out such schemes

Falling poverty claims in SBI report spark concerns about methodology

SBI report, released on Friday, claimed a decline in poverty ratio in rural areas

Commerce Min, Indian mission officials to hold talks to boost exports

Besides Commerce Secretary Sunil Barthwal, Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Amardeep Singh Bhatia would also address the officials

HDFC Bank's LDR falls below 100% for the first time after merger

HDFC Bank's LDR was around 87 per cent pre-merger. Following the merger, its LDR went up to 110 per cent

Bank of India eyeing to sell stressed loans in Simbhaoli Sugars, Visa Steel

The anchor bid for the asset put up for sale would translate into a recovery of around 54.5 per cent for the lender