World Economic Forum 2025 Day 4 highlights
U.S. President Donald Trump, addressing the World Economic Forum in Davos, Switzerland, via video link on Thursday, accused the CEOs of Bank of America and JPMorgan Chase of not providing banking services to conservatives, but offered no evidence or specifics of any wrongdoing. “I hope you start opening your bank
NRAI to approach CCI over ‘private labelling’ by Zomato, Swiggy
Queries sent to Swiggy and Zomato remained unanswered. File | Photo Credit: Special arrangement The National Restaurant Association of India (NRAI), which represents half a million eateries nationwide, said it will approach Competition Commission of India (CCI) over “private labelling” by Zomato and Swiggy and their foray into quick commerce
U.S. sanctions hit Russian oil supply to India; BPCL says supplies may be impacted
Russian oil made up for 34-35% of all oil that BPCL processed at the start of the current financial year in April 2024 | Photo Credit: Reuters The wide-ranging sanctions imposed by the U.S. on the Russian oil sector have started to dent near-term oil flows to India with state-owned
Sensex, Nifty extend gains for 2nd day on buying in IT, consumer stocks
A view of the BSE building in Mumbai | Photo Credit: Paul Noronha Equity benchmark indices Sensex and Nifty extended gains for the second session on Thursday (January 23, 2025) due to intense buying in IT, consumer durables and commodity stocks amid a largely positive trend in global markets. In
Can implement new pilot duty, rest norms in a phased manner from July 1, DGCA tells Delhi High Court
One of the key elements of the DGCA proposal made public in January 2024 but hanging fire is the curtailment of night flying, which has been opposed by both IndiGo and Air India. | Photo Credit: The Hindu The DGCA informed Delhi High Court on Thursday (January 23, 2025) that
Dr. Agarwal’s ₹3,062 crore IPO to hit market Jan. 29
Ahead of its ₹3,062 crore Initial Public Offering (IPO) launch, the management of Chennai headquartered Dr. Agarwal’s Health Care Limited said there has been a phenomenal growth in the eye-care market in India. The IPO includes a ₹300 crore primary raise, with the balance ₹2,762 crore from a secondary sale
Customers get a glimpse of the new compact SUV Kia Syros
Launch of Kia Syros in Chennai on January 25, 2025. | Photo Credit: R. Ravindran From panoramic sunroof to wireless charging, stolen vehicle tracking to front ventilated seats, customers in Chennai were given a glimpse of what Kia promises to offer in its new compact SUV, the Syros. R. Arunkumar,
IDFC FIRST Bank Q3 FY25 PAT at Rs. 339 Crore, Core Operating Profit up 15% YoY
Mumbai, Maharashtra, India: Financial results IDFC FIRST Bank today announced the unaudited financial results for the quarter and nine months ended December 31, 2024. Deposits & Borrowings Customer Deposits increased 28.8% YOY from Rs. 1,76,481 crore as of
ICICI Bank Q3 profit rises 15% to ₹11,792 crore
ICICI bank. File | Photo Credit: Reuters ICICI Bank on Saturday (January 25, 2025) reported a 15% rise in standalone net profit at ₹11,792 crore for the third quarter ended December 2024. The second-largest private sector lender had earned a net profit of ₹10,272 crore in the same quarter a
Northeast small tea growers flag impact of massive imports
A jump in tea imports from African and Asian countries coupled with early closure of tea production across North India has impacted the small-scale planters. File | Photo Credit: The Hindu GUWAHATI A jump in tea imports from African and Asian countries coupled with the Tea Board’s directive on early