The Economic Times

• newOnion prices likely to cool down further with arrival of new kharif crop: Govt official
  Onion prices in India are anticipated to decrease further due to the arrival of the new kharif crop. The government has been selling onions from its buffer stock at subsidized rates to combat recent price increases. Over 4,850 tonnes of onions have been transported via railway to major cities, including Delhi, to enhance supply and stabilize prices.
  - 2 hours ago 14 Nov 24, 12:15am -
• newFestivals take e-toll collections to a record ₹6,000 crore in October
  India witnessed its highest-ever monthly electronic toll collection in October, reaching ₹6,114.92 crore. This surge, a 7.6% increase from the previous six-month average, signals robust economic activity driven by festive spending and increased travel during Dussehra and Diwali.
  - 2 hours ago 13 Nov 24, 11:52pm -
• newCOP29: Countries are pledging money they don’t control
  Nearly 200 countries are meeting in Azerbaijan to discuss a new climate finance goal. The goal is to help the world’s poorest economies deal with climate change. Developed countries are saying they do not have enough money. They are suggesting a large part of the funding should come from private sources like banks.
  - 2 hours ago 13 Nov 24, 11:45pm -
• newBaku climate meet returns to big question: Who pays?
  Negotiations for a new climate finance goal at COP29 in Baku hit a roadblock as developing countries, including the G77 and China, rejected proposals that they perceived as shifting the financial burden away from wealthy nations. The developing countries insist that developed countries should bear the primary responsibility for providing climate finance, as stipulated in the existing agreements.
  - 2 hours ago 13 Nov 24, 11:26pm -
• newNokia buys world's largest API hub from Rapid to cash in on 5G
  Nokia acquired Rapid, the world's largest API hub and marketplace. The Finnish company aims to increase revenue from its 4G and 5G networks. Nokia seeks to capitalize on the growth of artificial intelligence. The deal grants Nokia ownership of Rapid's technology and research unit. This allows clients to integrate networks, manage API usage, and collaborate with developers.
  - 6 hours ago 13 Nov 24, 8:09pm -
• newElon Musk & Vivek Ramaswamy: Will the DOGE have bite to its bark?
  Elon Musk and Vivek Ramaswamy have been appointed to lead the Department of Government Efficiency (DOGE) by US President-elect Donald Trump. DOGE aims to drastically reform the federal govt by eliminating waste, fraud, and abuse, with a focus on transparency and public engagement.
  - 7 hours ago 13 Nov 24, 6:51pm -
• newTech view: Nifty hits 200 DEMA, break below may test 23,200 level. How to trade tomorrow
  A decisive break below 23,500 could drive the index further down to the 23,300-23,200 range, where trend line support is located. While the overall market sentiment seems negative, it remains to be seen how Nifty performs around the 200-DEMA support, according to Hrishikesh Yedve of Asit C. Mehta Investment Intermediates.
  - 8 hours ago 13 Nov 24, 5:44pm -
• newNTPC Green IPO proceeds will be used to meet capex needs; no OFS component: Management
  NTPC Green Energy is set to launch its IPO. The company plans to raise Rs 10,000 crore. The IPO proceeds will fund ongoing and future green energy projects. NTPC Green Energy is confident in its competitive pricing strategy. The company aims to maintain strong financial performance and deliver value to investors.
  - 10 hours ago 13 Nov 24, 3:42pm -
• newMacquarie raises Zomato target prices but remains bearish
  Macquarie raises Zomato's target price to Rs 130 but maintains an 'underperform' rating due to growth risks. Zomato's competitor Swiggy also attracts mixed ratings from brokerages.
  - 15 hours ago 13 Nov 24, 11:16am -
• newProsus gains $2 billion on Swiggy investment with IPO valuation
  Prosus NV, Tencent's top investor, has made over $2 billion from its investment in Swiggy, highlighting the value of its portfolio beyond Tencent. Prosus and Naspers Ltd. invested $1.3 billion for a 31% stake in Swiggy, which is aiming for an IPO valuation of up to $11.3 billion in India.
  - 15 hours ago 13 Nov 24, 10:40am -
• newHyundai Motor shares fall 5% after Q2 results. What brokerages say
  Hyundai Motor India Share Price: Hyundai India's shares tumbled over 5% after the company reported a 16% decline in Q2 profit, citing weak demand and high discounts. Despite the challenging market conditions, several brokerages remain optimistic about Hyundai's long-term growth prospects, driven by its SUV lineup and export opportunities.
  - 15 hours ago 13 Nov 24, 10:24am -
• newMacquarie flags challenges for Swiggy, initiates 'underperform' rating with Rs 325 target price
  Macquarie initiates an 'Underperform' rating on Swiggy, giving it a target price of Rs 325. They believe that while Swiggy has growth potential, profitability remains a challenge, particularly in the quick commerce segment. Swiggy's IPO, meanwhile, saw a decent subscription rate and is set to debut on the stock exchange.
  - 16 hours ago 13 Nov 24, 9:39am -
• newVivek Ramaswamy's Net Worth: How Harvard-Yale graduate became a billionaire by reviving 'sick' pharma companies
  Vivek Ramaswamy, a self-made billionaire, made his fortune in biotech. He founded Roivant Sciences, a company that develops pharmaceuticals. Ramaswamy also invests in technology and cryptocurrency. He entered politics with a focus on economic philosophy. He advocates for "excellence capitalism." Ramaswamy founded Strive Asset Management, an investment firm. He is known for his modest lifestyle despite his wealth.
  - 16 hours ago 13 Nov 24, 9:28am -
• newRetail inflation at 6.2 per cent dims early rate cut hopes
  India's retail inflation unexpectedly jumped to a 14-month high of 6.2% in October, driven by soaring vegetable, fruit, and edible oil prices. This surge breaches the central bank's target range and delays the possibility of interest rate cuts. Economists predict inflation will remain elevated for a few months before gradually easing towards the Reserve Bank of India's target rate.
  - 20 hours ago 13 Nov 24, 6:00am -
• India caucus co-chair, China baiter Michael Waltz to be Donald Trump's NSA
  US President-elect Donald Trump appointed Florida Congressman Michael Waltz as his national security adviser. Waltz, known for his strong stance against China and support for India, served as co-chair of the India caucus. He is expected to prioritize the US-India Initiative on Critical and Emerging Technologies.
  - 1 day ago 12 Nov 24, 11:45pm -

• Reaching $100 b in Indo-Russian trade realistic: Jaishankar
  India and Russia are aiming to achieve $100 billion in bilateral trade by 2030, according to Indian External Affairs Minister S Jaishankar. While optimistic about reaching this target, Jaishankar highlighted the need to address the trade imbalance, which currently favors Russia due to India's oil imports. He urged for swift action on non-tariff barriers and regulatory hurdles.
  - 2 days ago 12 Nov 24, 12:20am -
• 'Govt FY25 spends to be in sync with Budget estimates of ₹48.2 lakh cr'
  India's government spending for the current fiscal year is expected to stay around the budgeted amount, despite upcoming requests for additional funds. The focus remains on meeting the fiscal deficit target by managing spending and boosting capital investments, which have lagged in the first half of the year.
  - 2 days ago 11 Nov 24, 11:36pm -
• Union Cabinet likely to approve ELI schemes after Jharkhand and Maharashtra elections
  The Indian government is poised to approve employment-linked incentive schemes after assembly elections conclude in Jharkhand and Maharashtra. The labor ministry aims to implement these schemes by 2024, aiming to transition a significant portion of India's informal workforce into formal employment, ensuring minimum wages and social security benefits.
  - 2 days ago 11 Nov 24, 11:36pm -
• Jamnagar's SME IPO gets highest listing premium of 387% in 2024, 15th multibagger debut of the year
  Winsol Engineers, based in Jamnagar, achieved the highest premium on listing this year, aligning with expectations. Its stock debuted with an impressive premium of nearly 387% over the issue price on Tuesday, marking one of the strongest listings in recent memory.
  - 14 May 24, 2:42pm -
• SRM Contractors sets IPO price band at Rs 200-210 per share; issue to open on March 26
  SRM Contractors IPO will open for subscription on March 26. The company is looking to raise Rs 130 crore. It has set the price band of Rs 200-210 per share for the IPO.
  - 21 Mar 24, 4:36pm -
• Lok Sabha election 2024: Maharashtra get interesting after splits in Shiv Sena, NCP
  Lok Sabha election 2024: ​​The BJP-Shiv Sena won 41 of the 48 seats in the 2019 polls, but the Sena has split since and a vast majority of the Bal Thackeray-founded party is now allied with the BJP. The Nationalist Congress Party also split as well with Ajit Pawar joining the ruling alliance in the state, led by Eknath Shinde. In the 2019 Lok Sabha polls, the BJP emerged the top party with 23 seats, followed by the undivided Sena with 18.
  - 17 Mar 24, 12:16pm -
• Modi charisma key factor in BJP's bid to retain all 26 seats in Gujarat
  Gujarat's upcoming Lok Sabha elections are influenced by PM Narendra Modi's charisma, anti-incumbency, unemployment, inflation, education, healthcare challenges, and BJP's endeavor to secure all 26 seats. ​​Lok Sabha polls in Gujarat will be held in a single phase on May 7. Counting of votes will be held on June 4. Anti-incumbency, unemployment, inflation, education and healthcare facilities are some of the other important issues in the election, where the ruling BJP in Gujarat will attempt…
  - 16 Mar 24, 8:35pm -
• Implementation of 'guarantees', decline of BRS favour Congress in Telangana, BJP aiming for better show
  The BJP, riding high on its growing voter base in Telangana, is now aiming to win over 12 out of the total 17 seats and 35 per cent vote share, in the upcoming Lok Sabha polls. The party doubled its vote share to nearly 14 per cent resulting in eight seats in the assembly elections held on November 30, last year. BRS, which ruled the state for about a decade since its emergence, is low on morale following the defeat, even as its founder and former Chief Minister K Chandrasekhar Rao's daughter K…
  - 16 Mar 24, 5:48pm -
• Kavitha arrest before polls may hit BRS morale, hasten desertions; party calls for protests tomorrow
  Kavitha's arrest before Lok Sabha elections may psychologically impact BRS party. Meanwhile, fomer minister Harish Rao announced protests in the state. Moreover, desertion of MPs and leaders who are not contesting polls adds to party's troubles. Nagesh Kumar predictsed that more desertions could happen due to Kavitha's arrest.
  - 15 Mar 24, 9:57pm -
• A mysterious "push" probably behind Mamata Banerjee's fall, suggests hospital director
  West Bengal Chief Minister Mamata Banerjee clarified that her fall at home was due to a 'sensation of push.' Initial reports suggested she fell due to 'some push from behind,' leading to injuries on her forehead and nose. Banerjee received treatment at SSKM Hospital and is reported to be clinically stable. The incident sparked speculation, but the police confirmed no complaint has been lodged. Banerjee has suffered injuries in the past and is under a "Z+ category" security cover.
  - 15 Mar 24, 6:59am -
• Rajasthan: Two former ministers, several ex-MLAs quit Congress to join BJP ahead of Lok Sabha polls
  It is a second major jolt to the Congress within a few days as former minister Mahendrajeet Singh Malviya recently joined the BJP which fielded him from Basnwara in the LS elections. Rajasthan Chief Minister Bhajanlal Sharma, state BJP president C P Joshi and Union minister Bhupendra Yadav welcomed the new joinees into the party fold at its state headquarters. Addressing the joining ceremony, Kataria said he was driven by his conscience to join the BJP. He said the BJP understands the pain and…
  - 10 Mar 24, 9:14pm -
• Despite promoter stake sale, these 7 stocks clocked double-digit gains in 2 months
  ETMarkets scanned through the quarterly shareholding of promoters, and found seven companies where the holding came down sharply on a sequential basis, while the stocks have gained up to 55% so far in 2024.
  - 26 Feb 24, 9:46am -
• Standard Chartered doesn’t see rupee cross 84 even if dollar climbs
  “The Reserve Bank of India has been protecting rupee from depreciating very sharply,” Parul Mittal Sinha, head of India financial markets at the lender said on Bloomberg TV Friday. The monetary authority has “been following the stated policy of containing volatility in the rupee,” she said.
  - 29 Sep 23, 3:01pm -
• Coffee Day Enterprises Q1 Results: Firm swings to black, reports Rs 23 crore profit
  Revenue from operations was at Rs 247.29 crore during the quarter under review. It was at Rs 210.49 crore in the year-ago period.
  - 15 Aug 23, 12:55pm -
• Selective in pharma and capital goods; will move to overweight in IT on weakness: Trideep Bhattacharya
  “From an asset allocation perspective, a slightly longer-term answer to your question is yes, inflation is likely to be stickier and hence, while rates might have peaked, coming down might take some time. The asset allocation needs to be thought about in that context.”
  - 15 Aug 23, 11:05am -
• Apple faces Indian engineer’s bias lawsuit
  Anita Nariani Schulze is part of the Sindhi minority. Her complaint alleges that her senior and direct managers, both male, consistently excluded her from meetings while inviting her male counterparts, criticised her, micromanaged her work and deprived her of bonuses, despite positive performance evaluations and significant team contributions.
  - 25 Mar 21, 11:14pm -
• Despite transatlantic 'love fest', EU charts third way in ties with US and China
  But two senior envoys who attended said there was no direct response from the ministers gathered in Brussels when Blinken said: "We must push back on China together and show strength in unity."
  - 12 Mar 21, 4:53pm -
• Twitter's India policy head to step down; will transition in March
  This comes as the San-Francisco based firm is at the receiving end of the Indian government over an issue of blocking and unblocking certain handles tweeting about farmer protests.
  - 7 Feb 21, 1:01pm -
• Govt may keep Rs 7,500 cr outlay for IT hardware manufacturing under PLI scheme
  Foreign companies looking for incentives under the scheme may have to invest Rs 500 crore over four years, while the threshold for domestic firms is likely to be around Rs 20 crore for five years, the source who did not wish to be named said.
  - 18 Jan 21, 9:41pm -
• Indian dating apps, services see surge of paying users in small cities
  Growth More than in MetrosAccording to companies like Aisle and Truly Madly, which have millions of users and position themselves as “serious” dating apps, and bespoke high-end dating services like Sirf Coffee, a lot more users from such places are not only keen on using these apps, but also willing to pay for it.
  - 1 Jan 21, 10:39pm -
• Time for government, companies to adopt artificial intelligence: Deloitte India
  “Indian companies need to re-skill, train, and acquire more relevant talent, if they are to successfully integrate AI technologies. Most importantly, they should be willing to make the continued investment. It is an uphill race in which there will be winners and losers,” said Deloitte India CEO N Venkatram.
  - 27 Dec 20, 11:33pm -
• Narendra Modi has his eyes set on boosting business: Joao Cravinho, EU Ambassador
  Ambassador Joao Cravinho, head of the EU delegation, led Ambassadors of various European countries to a quiet lunch with Modi at the capital last year.
  - 3 Jun 14, 5:34am -
• Confidence level of industry improving: KV Kamath, ICICI Bank
  "It is the collective wisdom of the marketplace that there is action and we will move with speed. That improves the confidence level of industry."
  - 2 Jun 14, 2:27pm -
• We may see rapid growth over the next few years: Raamdeo Agrawal
  Directives from the Centre have to be executed at the state level. So, there are many things that are not in Modi’s hands, says Raamdeo Agrawal.
  - 2 Jun 14, 8:00am -
• Every decision of government needn’t be a big reform: Anand Mahindra
  "The fact that we are the world’s largest democracy and we are all aware that power and a role in global affairs for a nation comes from economic strength."
  - 2 Jun 14, 4:00am -
• Our commitment for press freedom, and autonomy of public broadcast is absolute: Prakash Javadekar
  "Now there is a stage three and stage four of digitisation, we will take a call on this only after taking all things into account."
  - 31 May 14, 4:00am -
• There is a leadership vacuum in Infosys, time to get Nandan Nilekani back: Mohandas Pai
  "There is a leadership vacuum in the company, because they made the wrong choice of CEO three years ago and that is playing out right now."
  - 29 May 14, 12:40pm -
• ET Search
  Rupee#CAD#Economic crisis#Food Bill
  - 6 Aug 13, 1:45pm -
• After the Oscars, what's next for silent stars of The Artist?
  The team behind The Artist will have spent the first day of the rest of their lives conforming to the grandest, and most lucrative, of Hollywood traditions.
  - 29 Feb 12, 12:42am -
• Delhi World Book fair: A fair like no other
  It's the World Book fair, which comes around once every two years sprawling across the giant halls of Pragati Maidan. This is the fair's 20th edition.
  - 25 Feb 12, 7:38am -
• Indian gift makes its way to State Department exhibition
  An elephant figurine gifted by the then HM LK Advani to US Secretary of State Colin Powell in 2002, has made its way to the State Department hall.
  - 24 Feb 12, 1:39pm -
• IMD to use dynamic models for forecasts
  Statistical models used by IMD will still be used for monsoon forecast, but the ministry of earth sciences is putting more emphasis on dynamic models.
  - 22 Feb 12, 2:19am -
• Docs reveal contents of first wire msg between India & Eng
  Newly discovered documents have revealed the first telegraph messages and joy when England was linked for the first time with India on 23 June, 1870.
  - 21 Feb 12, 3:19pm -
• Worried Amitabh Bachchan fans pray to Lord Shiva for his recovery
  Hundreds of worried fans of ailing Bollywood megastar Amitabh Bachchan today performed a yagna here to pray for his speedy recovery.
  - 20 Feb 12, 4:27pm -
• Alfa raises delisting price to Rs 2,850 a share
  Alfa Laval (India) today said its parent firm has raised the delisting offer price to Rs 2,850 a share.
  - 10 Jan 12, 5:49pm -
• DB Realty, Unitech stocks rose
  The stocks of DB Realty and Unitech rose after top executives of these companies were granted bail in the 2G scam case.
  - 30 Nov 11, 3:55am -
• Fitch withdraws Reliance Capital ratings
  Fitch on Friday said it has withdrawn the ratings on Reliance Capital as the company has decided to stop participating.
  - 20 Oct 11, 9:00pm -
• 'Discoms' poor fin health poses risks for traders'
  The poor financial health of state electricity boards could pose significant business risks for power traders in the country, says Fitch.
  - 20 Oct 11, 8:02pm -
• Cigarette cos shares outperform benchmark Sensex
  Shares of cigarette companies have rallied over the past one month, with ITC, Godfrey Philips and VST Industries hitting record highs.
  - 19 Jul 11, 1:35am -
• Lovable Lingerie's dream run on as traders lap it up
  Lovable Lingerie is 3rd-best performing stock among companies listed this year, with it doubling in value, as traders bet it could repeat performance of Page Indus.
  - 18 Jun 11, 12:25am -
• 'Big Daddy' laps up Cipla after Q1 nos beat forecast
  Shares of Cipla inched up on heavy volumes on Friday, after the company’s first quarter earnings beat the consensus estimate.
  - 14 Aug 10, 3:35am -
• Old Fox has dream run on Dalal Street
  The Old Fox of Dalal Street has been on a dream run since the past couple of weeks. On Friday, most stocks that he had been steadily building up positions in figured among key gainers of the day.
  - 14 Aug 10, 3:26am -
• Cairn India hits record high on BSE amid stake sale talks
  The scrip, which was flat for most of the session, shot up in the final hour of trade on the Bombay Stock Exchange to settle with a net gain of 4.36 per cent at Rs 355.45.
  - 13 Aug 10, 8:11pm -
• Vedanta plunges 5.59% on LSE amid talks to buy Cairn stake
  In the late afternoon session, the scrip was being traded at 20.61 pounds, down by 5.50 per cent on the LSE. Vedanta opened on a positive note, but soon swung into the red.
  - 13 Aug 10, 7:26pm -
• SBI shares on gaining spree; hit record high
  In the past two days, the scrip recorded a gain of over 9 per cent on the BSE, making its investors richer by a whopping Rs 15,000 crore.
  - 13 Aug 10, 6:47pm -
• Traders bet on calendar spread as Nifty moves in a tight range
  A trading combination involving Nifty options is gaining prominence among savvy trading desks of institutional investors.
  - 13 Aug 10, 2:25am -
• Seven out of top 10 Asian small-cap funds are Indian
  An analysis of 300 Asian small-cap schemes shows DSP BlackRock Micro Cap Fund leading the charge, delivering an 82% return over the past year.
  - 12 Aug 10, 10:50am -
• Nifty may find support at 5300 level
  As far as stock futures are concerned, we are very near to the highest-ever open interest with 195 crore shares in open interest.
  - 12 Aug 10, 2:22am -
• 'Don't bank only on price-to-earning ratio'
  Many experts believe that looking at PE ratio in isolation won’t help investors grasp realities of the mkt and higher valuation may not be the only deciding factor driving mkt.
  - 9 Aug 10, 3:55am -
• Market may trade in a range, but FIIs seen sold on India
  Market may see range-bound trading this week in the absence of any major trigger.
  - 9 Aug 10, 1:05am -