Kotak eyes Deutsche Bank’s retail assets, drops out of race for IDBI
MUMBAI: Kotak Mahindra Bank Saturday confirmed that it is looking at Deutsche Bank’s retail business, which is on the block, while stating that it has dropped out of IDBI Bank…
Government notifies FDI changes on China funds
NEW DELHI: The Centre has notified two crucial changes to foreign direct investment rules — the first relating to flows from neighbouring countries such as China and the second allowing…
War and your SIPs: Stay, pause or exit?
AI image used for representation purpose Indian equities ended the week on a volatile note, with the Sensex and Nifty witnessing sharp swings and closing lower as uncertainty around the…
‘No dry outs’: Centre assures uninterrupted LPG supply, moves to ease demand with alternative fuels
The government on Saturday soothed concerns over fuel availability across the country, assuring that it has taken measures to ensure an uninterrupted supply and has stepped up contingency arrangements across…
The Parmigiano vault: How Italy’s ‘cheese banks’ power a 4 billion euro industry
What are the most valuable assets for a country — gold, silver, currency? In Emilia-Romagna, northern Italy, the answer looks far less conventional. Here, vast climate-controlled warehouses store one of…
Oil’s well: Venezuela’s crude exports hit highest since 2018 — India, US and other buyers line up
Venezuela’s oil is flowing across the world again, and at its fastest pace in more than seven years. In April, the country’s crude exports jumped 14% to 1.23 million barrels…
The Great ‘Gas-by’: 45,000-tonne LPG tanker braces for Hormuz crossing — why it matters for India
The ongoing Middle East crisis has shaken global oil and gas supplies, with the Strait of Hormuz coming under intense pressure amid tensions between Iran and the US. At a…
Gst Collections: Imports drive GST kitty to a record high in April, rises 9%
Strong indirect tax collections work well for government finances, especially at a time when the economy is facing global headwinds. (AI image) NEW DELHI: GST collections grew 8.7% to Rs…
Nvidia Market Capitalisation: At $4.9 trillion, Nvidia beats listed Indian companies’ market-cap
MUMBAI: Nvidia, the global US-based chip giant that’s at the forefront of the ensuing AI revolution across the world, now has a market capitalisation more than the total market cap…
Air India to cut nearly 100 domestic and international flights till July: CEO Campbell Wilson
Air India is set to cut down almost 100 of its domestic and international flights till July as rising jet fuel prices and airspace restrictions make several overseas routes too…