BUSINESS
Venture capitalists knew online money gaming was risky, says Ashwini Vaishnaw
Union IT minister Ashwini Vaishnaw notes global concerns around betting-driven games, says investors should know the sector faced “issues”
BUSINESS
Ashwini Vaishnaw likens online money gaming menace to drugs, defends new bill
The IT minister said that there have been instances were students resorted to crime because of unpaid debts arising from online money games
BUSINESS
‘Private capex is back, companies are beginning to spend again’: L&T chief S N Subrahmanyan
Subrahmanyan expressed confidence about India and the Middle East, saying both regions have done 'extremely well' for L&T
BUSINESS
Opening nuclear energy to private sector participation key to meeting India’s nuclear ambitions: L&T Chairman
He added that private participation across the value chain, from mining to refining and processing, could make the sector more sustainable.
BUSINESS
LTIMindtree targets top-four spot; realty listing on cards, says L&T chairman
Subrahmanyan said the contribution of projects business to L&T’s overall revenue mix could down if the group’s services businesses grow at a healthy rate
BUSINESS
Private capex revival driving order flows: L&T Chairman SN Subrahmanyan
He added that the Indian private sector is expanding its capacity across sectors such as steel, copper, aluminum, zinc as well as industries such as automobiles and semiconductors.
BUSINESS
It’s never too early: L&T Chairman SN Subrahmanyan on grooming successors
“Succession planning in a complex organization is just not nominating somebody. He has to be acceptable to everyone,” said Subrahmanyan.
INDIA
Atmanirbhar Bharat roadmap in PM’s speech
Need of the hour due to Global uncertainty, GST reform to boost consumption
BUSINESS
MC Interview | Jio BlackRock’s big bet: Marrying scale with reach to disrupt India’s mutual fund landscape
The BlackRock–Jio joint venture is gearing up for a long innings in Indian investing, CEO Sid Swaminathan has said.
BUSINESS
Hindustan Unilever bets on gradual recovery, steps up investments to drive sales
HUL CFO Ritesh Tiwari said gross margins are expected to improve sequentially, though any gains will be reinvested in the business.
BUSINESS
Numbers belie Trump's Tariff King claims
India's tariffs have been declining for years, comparable to major emerging markets
BUSINESS
This deal will hopefully inspire other companies to invest more in innovation: Glenn Saldanha
China has achieved a lot, largely due to immense government support. Here, it's largely the private sector
BUSINESS
The big beautiful monetary policy
RBI Governor Sanjay Malhotra and his MPC colleagues have tailored monetary policy to boost economic growth. It’s the most appropriate decision when seen in the backdrop of a likelihood that investment is expected to dip this fiscal. That said, the key to an investment revival is a significant increase in demand
POLITICS
India and Pakistan aren’t getting re-hyphenated
India's emergence as a significantly large economy, ahead of Japan sometime this year, will ensure that doesn't happen. But India will have to ensure that it emerges as the leading player in the China +1 strategy of MNCs and has access to the top AI technologies to translate its recent military triumph into a wider strategic victory
POLITICS
India and Pakistan - An immoral equivalence by the Western media
The US conducted approximately 430 drone attacks between June 2004 and July 2018 in Pakistan, resulting in between 2,500 to over 4,000 deaths. Western media was not notably vociferous in demanding rigorous proof about the guilt of the targeted persons. Most anti-terrorism operations are mounted based on intelligence inputs, which would not pass the ‘beyond reasonable doubt’ criteria of criminal trials
BUSINESS
Who can get Trump to back off? Markets
Markets, not Congress or courts, have proven the only effective check on Trump's erratic trade policies. Investor backlash forced policy reversals, creating uncertainty for global trade partners like India amid ongoing US-China tariff negotiations
BUSINESS
President Trump has embarked on a remarkable economic experiment
It's perhaps the most right-wing government in recent American history which is dismantling the post Second World economic order and post-cold war economic order, which was largely set up by the US, on the ground that low-income Americans have been hurt. That’s a turn of events which few could have foreseen
BUSINESS
Citi is India’s largest foreign bank, even without retail business: Citi India CEO Ashu Khullar
Citi presently is the largest corporate FX (foreign exchange) player in the market, Khullar said.
BUSINESS
Citi’s strengths are aligned with what India needs: Citi India CEO Ashu Khullar
Khullar said India is becoming one of the most vibrant financial sponsor to investors and this would give him a reason to stay in touch with the Indian market.
BUSINESS
A hedge fund owner founded DeepSeek, showcasing the potential of capitalism
A Chinese hedge fund, high-flyer, has transformed into DeepSeek, a pioneering AI company, challenging traditional capital-intensive models. Its success underscores the unpredictable creativity of capitalism, where even speculative sectors like hedge funds fuel technological breakthroughs
BUSINESS
RBI’s monetary policy marks clear change of direction in regulation
Governor Malhotra highlights the trade-offs between regulations aimed at enhancing consumer protection and stability, and efficiency. Also, the underlying message is that there may be a greater weightage placed on economic growth
BUDGET
‘The new direct tax code bill will not have any new taxes, will be applicable from April’: Tuhin Kanta Pandey, Finance secy
Finance Minister Nirmala Sitharaman announced that the new income tax bill will be tabled in the Budget session of the Parliament- the bill will simplify the existing act and will not introduce any new taxes
BUDGET
PM Modi wanted a ‘pro-growth, pro-people and pro-taxpayer budget’: Finance secy
The Budget had to balance several imperatives but the Prime Minister was very clear that it has to be a taxpayer-friendly budget, Tuhin Kanta Pandey told Moneycontrol
BUSINESS
Full transcript: Finance Secretary Tuhin Kanta Pandey's exclusive interview with Moneycontrol
“ Make it a pro-growth, pro-people and pro-taxpayer budget. These were the overall guidance, says the Finance and Revenue Secretary.
