WORLD
How Donald Trump’s 2024 election victory could rewrite his legal future
For Trump, winning the presidency could amount to a 'get out of jail free card'
INDIA
Cyclone Dana Highlights: Heavy rainfall in coastal Odisha, 1 dead in Bengal
Cyclone Dana Highlights: West Bengal chief minister Mamata Banerjee said that one person has died in the state in the cyclone
BUSINESS
Cyber threats are rising — And so is India's cyber insurance market
the Indian government has ramped up its budget for cybersecurity, nearly doubling its allocation from Rs 400 crore in 2023-2024 to Rs 759 crore in 2024-2025.
WORLD
Trump’s Tariffs vs Tech: Why Harris slammed ex-Prez for selling US semiconductor chips to China
Harris's point about semiconductors carries weight because of how critical these chips are for both the US and China. For the US, restricting the sale of advanced chips to China is a crucial element of national security strategy.
INDIA
Off the Menu: Bangladesh halts exports of Padma Hilsa ahead of Durga Puja, leaving fish lovers in Kolkata disappointed
Amid political unrest in Bangladesh and the ousting of Hasina, the interim government led by Muhammad Yunus has halted Hilsa exports to India to prioritise domestic demand, particularly for lower-income households.
BUSINESS
Jewel In The Crown: Can India be the node for diamond verification as EU defers sanctions on Russian rock to Mar '25
The new regulations will necessitate detailed tracking of diamond origins, with oversight from Antwerp. However, the Indian diamond lobby has been making a strong case for India as the key nodal checkpoint for diamond verification.
BUSINESS
Budget 2024: All you need to know about how the fiscal roadmap is prepared
The Union Budget, impacting billions, requires thorough consultation and data gathering from diverse administrative bodies, ensuring judicious allocation of resources across ministries and sectors.
BUSINESS
Budget 2024: Higher focus on defence, railways, infra, green power to drive economic growth
Enhanced military capabilities, upgraded railways, expanded infrastructure, and a robust push towards renewable energy will likely be the central themes.
WORLD
Iran-Israel conflict: How India's bilateral ties will shape up as Middle East tensions simmer
As Iran-Israel tensions flare up, New Delhi is confronted with the potential fallout of an all-out war
WORLD
Iran-Israel tensions: Airlines across the globe re-route flights as conflict looms
Carriers like Air India, Lufthansa, and Qantas have rerouted their flights to bypass Iranian airspace. Moreover, countries like India, France and Russia have already issued travel advisories, urging their citizens to avoid the region.
BUSINESS
Rising incidences of climate shocks a key upside risk to food prices: RBI Governor Shaktikanta Das
Governor Das is optimistic about wheat and monsoon but warns of climate shocks, low reservoirs, and high temperatures from April to June, thus urging 'vigilant monitoring'.
BUSINESS
Bracing for the Burn: How heat waves are heating up India's economy
Several states, including Madhya Pradesh, West Bengal, Maharashtra, Gujarat, and Andhra Pradesh, have already experienced temperatures ranging from 40°C to 42.6°C in the past week.
BUSINESS
From WeWork to 'WeCrash' and back? Here’s what Adam Neumann is up to now
Neumann's proposal to inject cash into WeWork is likely to be met with some hesitation, as the man who once steered the ship into troubled waters now wants to grab the helm again
TRENDS
Ozempic obsession: Hollywood’s weight loss fixation; why it is in spotlight once again
Discussions and focus on health topics are rife today, a day after World Cancer Day. On that note, Ozempic, originally designed to tackle Type 2 diabetes, caused a stir as the latest weight loss craze in Tinseltown
BUSINESS
Towards sustainable transportation: PM eBus Sewa scheme and push for EVs
India aims to replace 800,000 diesel buses with electric ones, reducing carbon emissions for eco-friendly transportation.
WORLD
Year Ender 2023: Events that gripped India and the world this year
In 2023, a myriad of events unfolded, ranging from the record highs achieved by the stock market to India's triumphant lunar expedition and the G20 Summit. Globally, the Israel-Palestinian conflict garnered widespread attention, and nations grappled with the challenges of inflation. As we approach the end of the year, let's reflect on the significant headlines and stories that shaped 2023, both in India and around the world.
INDIA
Government steps up firefight against soaring food inflation
To counter rising prices, the government has implemented measures like lowering tomato prices through agencies, enforcing rice export bans, and releasing wheat via the open market sale scheme to stabilize essential commodity prices.
BUSINESS
Billdesk, Razorpay leaders talk of innovation, AI and regulation in payments industry
Harshil Mathur, co-founder and CEO, Razorpay, and MN Srinivasu, co-founder and director, BillDesk tell Moneycontrol Startup conclave that AI will touch every aspect of the entire ecosystem and how tech remains their biggest expense
BUSINESS
Strongly believe scooter market will be all electric in next 2 years: Ola CEO Bhavish Aggarwal
Interestingly, despite being in the market since January 2022, Ola Electric vehicle (EV) sales have led the business segment to become “India's No. 1 EV company by revenue, bigger than even four-wheeler EV companies,” said Aggarwal
BUSINESS
UBS-Credit Suisse deal averts worse global crisis, but puts Indian job market at risk
Role rationalisation is around the corner, which puts many of the 14,000 jobs held jointly by CS and UBS employees in India at risk of redundancy.
BUSINESS
Why Indian mutual funds are loving cash all the more these days
The generally accepted normal range of cash proportion held by MFs is 1- 5 percent. However, only eight among the top 20 MF houses are currently holding cash below 5 percent of their AUM.
BUSINESS
Morgan Stanley upbeat on energy stocks; ONGC, Oil India top the hotlist
Analysts at the investment firm believe the earnings quality and returns of ONGC and Oil India have reached an inflection point and will see positive movement
BUSINESS
UBS bets on long-cycle industrial firms, initiates coverage on 5 stocks
Siemens, Larsen and Toubro (L&T) and Bharat Electronics were initiated with a buy call, ABB India with a hold rating and Cummins India with a sell rating.
BUSINESS
Moody’s upholds Baa1 rating pertaining to Infosys and TCS
Diverse operations, a history of strong operating results and profitability, and remarkable free cash flow generating capabilities helped Infosys and TCS remain at Baa1 rating.
