Thursday, Jun 01, 2023 | Last Update : 05:43 PM IST
Columns
At the crux of this issue is the larger question of the national identities of the two nations and when and how they evolved.
The absence of an Indian ambassador in Doha is not merely a bureaucratic matter.
The basic issue before us is the mega-chaos, confusion and conflict in the nation’s capital due to the indigenous brand of “dyarchy”
Like the Vande Bharat trains, it is a solution to problems that do not exist
Economy
Nirmala meets IMF chief; discusses impact of geopolitical situation on global growth
IMF chief highlighted India's well-targeted policy mix which helped the country's economy remain resilient even with a limited fiscal space
Bond yield spikes to 7.5 per cent for first time in three years
The rate setting panel has begun its three deliberations on Monday with the outcome being announced on Wednesday
Centre plans to spend additional Rs.2 L crore in one year to fight inflation
India’s retail inflation rose to an eight-year high in April, while wholesale inflation rose to at least a 17-year high
RBI to transfer Rs 30,307 cr to government
The contingency risk buffer has also been retained at 5.5 per cent
RBI hints at end to low interest regime in June
Central bank may shift its focus to taming inflation
Market
Sensex crashes over 1,500 pts in opening deals on geopolitical worries
The 30-share Sensex nosedived 1,540.85 points to 56,612.07 in early deals
FPI selloff erases new year gains of market
The Sensex has shed close to 2000 points from its January 17 peak of 61308.91
Crypto exchanges halt deposits through UPI
Cryptocurrency owners active on twitter asked for regulatory clarity on the issue
Sensex tumbles 1,214 points; banking, auto stocks worst hit
The stocks have tumbled for the third straight day on negative cues from the global equities amid the ongoing Russia-Ukraine conflict
Companies
ONGC reports highest net profit of ₹40,306 cr; becomes India's 2nd most profitable firm
ONGC displaced Tata Steel for the No.2 spot. Tata Steel on May 3 reported a standalone net profit of Rs 33,011.18 crore
Coca-Cola ropes in Shah Rukh Khan as brand ambassador for Thums Up
Earlier, the actor was associated with rival cola brand, Pepsi, for a long period of time
Elon Musk no longer joining Twitter board: CEO
Musk was named to join the Twitter board after buying a major stake in the firm and becoming its largest shareholder
HAL to open office in Malaysia; Defence PSU eyes at South East Asian market
HAL had submitted a proposal to the Malaysian defence ministry in October of 2021 for supply of 18 FLIT LCAs
Sebi approves LIC draft papers; clears decks for mega IPO
The IPO is offer for sale (OFS) by Government of India and there will be no fresh issue of shares by LIC
Autos
Toyota discontinues Yaris model
The discontinuation of Yaris has brought down one of the world’s biggest carmaker's offerings to just six models in India
Bajaj Auto unions demand factory halt after 250 workers test COVID-19 positive
It said work there would not be stopped, however, as the company wanted to learn to “live with the virus”
Tesla working through 'challenges' with govt to launch products in India: Elon Musk
Last year, Tesla had sought a reduction in import duties on electric vehicles (EVs) in India
In Other News
Salary hikes to keep pre-Covid range next year
In 2019, the actual salary hike stood at 9.3 per cent and it had dipped to 6.1 per cent in 2020
Largest UK delegation expected at Bengal Global Business Summit
The UK, in collaboration with the Bengal Chamber of Commerce and Industry, will facilitate business-to-business meetings during the summit
FM Sitharaman to India Inc: What stops you from investing
FM expressed concerns over an issue of payment of dues to micro, small, and medium enterprises and asked big corporates to clear their dues
NCLAT asks CoC to consider 63 Moons appeal in DHFL resolution
63 Moons said the CoC has to reconsider the provision of Sec 66 of IBC, which mandates that the benefit should go to all the DHFL creditors
GST collection rises 28 pc in August to Rs 1.43 lakh cr
The revenues for the month of August 2022, registered 28 per cent increase than the GST revenues of Rs 1,12,020 crore collected in Aug 2021