Delhi Gymkhana Club has MF investments worth Rs 200 crore, earned more from food and parties than sports: Financial reportDelhi Gymkhana Club saw its surplus surge nearly ten times to Rs 9.5 crore in 2023-24. Restaurants, bars, and banquets drove this revenue g...
SC issues notices to Centre on PIL seeking ban on employment of children in orchestras, spasThe Supreme Court has issued notices to the Centre, NCPCR, and NHRC regarding a PIL. The petition seeks a complete ban on employing childre...
Is your mutual fund SIP secretly crushing the Indian rupee? Jefferies explains the bitter side of the storyIndia's strong mutual fund SIP culture is helping foreign investors exit the equity market. This is putting pressure on the Indian Rupee. J...
Assam govt aims 20% cut in fuel cost, 10% down in revenue expense as part of austerity measuresAssam government has announced austerity measures to boost fiscal prudence. Fuel expenditure will be cut by 20 per cent. Minister and offic...
Tamil Nadu CM Vijay reviews departments; White Paper to be released soonTamil Nadu Chief Minister C Joseph Vijay is assessing all government departments. A White Paper will detail the state's financial status. M...
Vodafone Idea shares jump 7% as telco set to consider fundraise on May 16. What lies ahead?Vodafone Idea shares surged 7% to a four-month high after announcing a board meeting on May 16 to consider a fundraise via equity and warra...
Maharashtra farmer sells 25 sacks, gets nothing, asked to pay Re 1 insteadA farmer from Paithan, Maharashtra, received just Re 1 after selling 25 sacks of onions. This incident underscores the severe agrarian cris...
Jio revamps mega IPO; DailyObjects lines up fresh capitalReliance Industries is revamping Jio Platforms’ IPO plans amid investor disagreements over valuation. This and more in today's ETtech Top 5.
Petrol-diesel price hike coming soon? Why IMF says it mustSpeculation mounts over potential petrol and diesel price hikes as assembly elections conclude, despite government assurances. The IMF urge...
Vodafone Idea shares jump over 3% after KM Birla returns as non-executive chairmanVodafone Idea shares rose as Kumar Mangalam Birla returned as non-executive chairman, succeeding Ravinder Takkar. This move comes as the co...
Government specifies 40 sub-sectors for faster clearance of FDI proposals from land-bordering nationsIndia is fast-tracking foreign investment proposals from China and neighboring nations. Forty key manufacturing sub-sectors, including rare...
US Federal Reserve nominee Kevin Warsh faces Senate test on monetary policyKevin Warsh faces a crucial Senate hearing for the Federal Reserve chief nomination. Lawmakers will question his economic ideas and monetar...
Let oil prices hurt: IMF cautions against govt shielding consumersThe IMF is urging governments to let fuel prices rise, warning that broad subsidies and price caps worsen global energy shocks. Allowing pr...
'War takes away everything we work for': IMF sees massive spillovers from Middle East conflictThe Middle East conflict's impact is spreading beyond oil and gas. Global food supplies, transport, and even chip production face disruptio...
IT mojo returns pre-Q4 results; Flipkart's AI sprintIT stocks have gained momentum ahead of Q4 results. This and more in today's ETtech Top 5.
Finance Secretary moots rating state govt debtFinance Secretary Ajay Seth proposed rating state government securities based on fiscal behavior to encourage financial discipline. He high...
Govt clarifies position on debt, says general govt debt will decline substantially in the medium to long termThe government noted that the IMF staff report had presented the figures as a worst-case scenario and was not a ‘fait accompli’. “It is als...