FMCG companies face a Q2 margin squeeze: Rising crude oil, palm oil and packaging costs threaten profits despite demand recoveryFMCG companies are likely to face operating margin pressure in the September quarter of FY27 due to rising crude-linked derivatives, palm o...
India's TCS senior staff will miss out on variable pay for September quarter, memo showsIn a groundbreaking decision, Tata Consultancy Services has announced that senior employees, specifically those at the C3A grade and higher...
Anup Bagchi set to become India's highest-paid bank CEO, may earn Rs 35.9 crore a yearHDFC Bank has proposed a substantial annual remuneration package of ₹35.9 crore for Anup Bagchi, subject to shareholder approval. This pack...
Festive rush: Airlines hike fuel surcharge as ATF prices soarAirlines like Air India and Akasa Air have announced increased fuel surcharges for both domestic and international flights. The rise in avi...
RBI's first big liquidity mop-up after rate hike falls short as banks park less than half the targetIn a bid to manage liquidity, the Reserve Bank of India executed a 29-day variable rate reverse repo auction, yet banks only stashed away R...
ET Alpha Wealth Summit 2.0: ‘Man and machine’ will shape the next phase of investing, says Sandeep Tandon, Quant Mutual FundQuant Mutual Fund’s Sandeep Tandon says the next investment edge will come from combining human judgment with AI, machine learning and alte...
RBI bid to drain surplus liquidity and improve rate transmission sees muted responseBanks parked just Rs 79,655 crore in the central bank’s 29-day variable rate reverse repo (VRRR) auction, less than half the Rs 2 lakh cror...
RBI's 29-day VRRR auction receives tepid response despite high surplus liquidityThe Reserve Bank of India on Thursday executed a noteworthy 29-day variable rate reverse repo auction, attracting Rs 79,655 crore in bids, ...
At Rs 35.9 crore, HDFC Bank's incoming boss Anup Bagchi set to be India's highest-paid bank CEOHDFC Bank has proposed an annual compensation package of up to Rs 35.90 crore for Anup Bagchi. This remuneration could increase to Rs 43.24...
Government to review fixed costs for urea plants, subsidy payouts may changeIn response to rising production costs, the government is launching a sub-committee to assess fixed-cost payments for urea producers. This ...
India bonds tumble after RBI's first rate hike in nearly four yearsIn a bid to combat inflation, the Reserve Bank of India has increased the key interest rate to 5.5%. This decision has led to a notable dip...
FCNR inflows to keep cap on bank deposit ratesThe liquidity from the foreign currency non-resident deposits is likely to stabilize bank deposit rates temporarily. This situation will al...
Nvidia-backed Reflection unveils first AI model to take on Chinese open modelsNvidia-backed Reflection AI debuted its first open-weight model named Beam on Monday, as the startup aims to compete with lower-cost Chines...
Variable dearness allowance hike from October 1: Check revised minimum wages for workers across categoriesVariable dearness allowance: The government has announced an increase in Variable Dearness Allowance affecting various sectors including ag...
Jobs in line as IRDAI commission caps force insurance brokers to rethink modelsFacing new commission regulations from the IRDAI, insurance brokers, including Quickinsure, are tweaking their business approaches. This pi...
Inside the deal engine room: VCs and PEs make the case for ERP as a governance variableAt an NTT DATA Business Solutions Pvt. Ltd. India roundtable, a cohort of leading VCs and PE investors argued that the maturity of a compan...
In 2018, volunteers classified 55,000 candidate variable stars; 860,000 classifications helped flag one that became about 100 times fainterVariable Star Zoo represents a remarkable citizen-science project that rallied over a million volunteers to engage in star classification. ...