Pakistan had suspended trade with India way back in 2019 (following trade tensions triggered by the Pulwama attack) but eased it for some items soon | Photo Credit: Ruma Aktar Decision to suspend all trade with India, including through third countries like Dubai, is set to hurt Pakistan much more as it remains far more … Read more
Its net profit stood at ₹665.5 crore in the year-ago period | Photo Credit: SasinParaksa Realty firm Macrotech Developers Ltd plans to invest more than ₹8,000 crore this fiscal to acquire land parcels in Mumbai Metropolitan Region (MMR), Pune and Bengaluru for building housing projects as part of its expansion plan. Macrotech Developers, which sells … Read more
Indian architect’s bio-cladding system wins Swarovski Foundation’s ‘Creatives for Our Future’ program, promoting greener cities globally. | Photo Credit: Getty Images An Indian architect’s “bio-cladding system” for greener cities is one of six global projects chosen by the 2025 Swarovski Foundation’s ‘Creatives for Our Future programme’, an initiative along with the United Nations Office for Partnerships. … Read more
When John Pierpont Morgan, Founder of the world’s largest bank by market capitalisation JP Morgan & Co, said ‘Gold is money. Everything else is credit’, little would he have known that no one would come to understood this better than ‘Indian housewives.’ In a recent post on X, veteran banker Uday Kotak lauded ‘Indian housewife’ … Read more
While globally, FMCG/ consumer non-discretionary sectors are viewed as defensive plays, in India, for over a decade, they also served as aggressive growth bets. Why not, when GDP was growing consistently in mid- to high-single digits pulling up millions of people out of poverty and pushing them into the consumption class! On top of this, … Read more
IDFC First Bank reported a sharp 58 per cent year-on-year (yoy) drop in fourth quarter (Q4FY25) standalone net profit at ₹304 crore, with the bottomline being dragged by a jump in provisions, including towards deliquent assets in the microfinance portfolio. Sharply lower tax expenses, to an extent, acted as a counterweight to the aforementioned provisions, … Read more
Trekkers on the Kailash Manasarovar Yatra towards the end of the trek. | Photo Credit: Radhika Santhanam 10280 After a gap of five years, India on Saturday announced the resumption of the Kailash Mansarovar Yatra from June. The resumption of the Yatra is seen as a part of efforts by India and China to improve … Read more
Lan Fo’an, Minister of Finance of the People’s Republic of China | Photo Credit: Bloomberg China will take measures to achieve its annual economic growth target of around 5 per cent despite escalating trade tensions and uncertainties, the country’s finance minister said in Washington earlier this week. “China will adopt more proactive and effective macro … Read more
DMD Rajiv Anand | Photo Credit: SHASHI ASHIWAL Private sector major Axis Bank today announced that its deputy MD Rajiv Anand will be retiring from his post effective August 3. “Rajiv Anand has been associated with the Bank since 2009. He is currently serving as the Deputy Managing Director of the Bank since December 27, … Read more
Hannah Dugan, a Milwaukee County circuit judge | Photo Credit: MIKE DE SISTI/Reuters U.S. officials arrested a Wisconsin judge on Friday and charged her with helping a man evade immigration authorities in what appeared to be a dispute between President Donald Trump’s administration and local officials over immigration enforcement. In a criminal complaint, the U.S. … Read more