Latest News, Updates & Breaking Headlines
MUMBAI: US-based private equity (PE) firm L Catterton has picked up a minority stake in Haldiram Snacks Food amid a rush among investors to take a bite of India’s growing consumer market. The latest investment in Haldiram’s, known for its wide range of namkeen (snacks), sweets and ready to eat products comes less than a…
The India–Oman Comprehensive Economic Partnership Agreement (CEPA) will add to India’s growing network of preferential trade arrangements in the Gulf, but its significance lies more in consolidating market access and investment presence than in sharply expanding trade volumes, Ajay Srivastava, founder of the Global Trade Research Initiative (GTRI) said.India and Oman signed the agreement on…
Representative image (AI-generated) NEW DELHI: Defence production in India increased more than three times over the last 10 years, reaching an all-time high of Rs 1.54 lakh crore in 2024-25, up from Rs 46,429 crore in 2014-15, Union Minister of State for power Shripad Yesso Naik said on Thursday.Talking about India’s “aatmanirbharata” (self-reliance) in the…
For high-income taxpayers, buyback proceeds may now be taxed at slab rates up to 35.88%, despite the fact that the shareholder is surrendering and extinguishing their rights in the shares. (AI image) When the Finance Act, 2024 rewired the tax treatment of share buybacks, it upended a long-standing system that had—with all its imperfections—at least…
FILE – Nissan signage at Nissan headquarters in Yokohama, near Tokyo, on May 13, 2025. (AP Photo/Louise Delmotte, File) NEW DELHI: As it struggles to get sales and market share in India, Japanese automaker Nissan on Thursday said it will launch three new models in the country over the next 14-16 months, the first of…
US stock markets rallied on Thursday after a better-than-expected inflation update eased concerns over the interest rate outlook, while a strong earnings report from Micron Technology helped arrest the recent slide in artificial intelligence-linked stocks, AP reported.The S&P 500 rose about 1%, snapping a four-session losing streak. The Dow Jones Industrial Average climbed over 350…
In 2025, Wall Street recorded new highs.Investors did not pay attention to the worries about Trump administration’s massive tariffs and the AI bubble concerns. The S&P 500 benchmark skyrocketed 15% so far this year, till December 17. S&P 500, another benchmark however, lagged behind its 23% jump last year. The S&P 500 has done well…
What is the right job for you? Which professions will hand you the highest paychecks? Which roles offer the strongest growth potential? And which skills will truly help you stay relevant as the job market continues to evolve? These questions have filled the search engines of young professionals and graduates today.Struggling to define your right…
NEW DELHI: The Competition Commission of India (CCI) will now probe whether a case of abuse of dominance is made out against IndiGo — which has over 60% domestic market share and is also the single largest airline in terms of international traffic to & from India — as well as review allegations of antitrust…
The Securities Market Code Bill, introduced in the Lok Sabha on Thursday, proposes a sweeping overhaul of India’s securities law framework, including expanding the Securities and Exchange Board of India (Sebi) board to up to 15 members from the current nine, strengthening governance norms and enhancing investor protection, PTI reported.The Bill seeks to reinforce Sebi’s…
