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The International Monetary Fund had forecast Japan’s fall to fourth. | Photo Credit: AFP Japan has slipped to the world’s fourth-largest economy as government data released on January 15 showed it fell behind the size of Germany’s in 2023. The numbers highlight how the Japanese economy has gradually lost its competitiveness and productivity while the…
Russian President Vladimir Putin gestures as he speaks to scientists on the sidelines of the Future Technologies Forum at the World Trade Centre in Moscow, Russia. | Photo Credit: AP President Vladimir Putin said on Wednesday that Russian scientists were close to creating vaccines for cancer that could soon be available to patients. Mr. Putin…
Read More “Putin says Russia is close to creating cancer vaccines” »
A worker adjusts a hoarding of Paytm, a digital payments firm, in Ahmedabad, India. | Photo Credit: AMIT DAVE Amid reports that the Enforcement Directorate (ED) had on Wednesday filed cases against Paytm for alleged FEMA violations, One 97 Communications Ltd., the parent company of Paytm, neither confirmed nor denied the reports and told stock…
Read More “Been receiving notices from ED and other agencies, says Paytm parent” »
However, both net profit and total income on a sequential basis were lower. For the September quarter, the drugmaker had posted ₹369 crore in net profit on a total revenue of ₹1,060.8 crore. | Photo Credit: Company website Natco Pharma reported consolidated net profit for quarter ended December surged to ₹.212.7 crore from ₹62.3 crore…
Read More “Natco Pharma Q3 net surges to ₹213 cr. on higher revenue” »
The Centre says it has taken measures to expedite clearances for projects under the PLI scheme. File | Photo Credit: KAMAL NARANG About ₹12,900 crore has already been invested in the domestic steel sector under the PLI scheme for specialty steel, an official statement said on February 14. In March 2023, 57 memorandum of understandings…
Read More “Govt says ₹12,900 cr invested under PLI scheme for specialty steel” »
Farmers carry paddy saplings for plantation in a field, in Nadia, Friday, Feb. 9, 2024. | Photo Credit: PTI Guaranteeing a Minimum Support Price (MSP) across crops will support farm incomes and push consumption demand¸ CRISIL Market Intelligence & Analytics said on Tuesday, estimating that the “real cost” of such a guarantee for the government…
Union Finance Minister Nirmala Sitharaman. File | Photo Credit: PTI Finance Minister Nirmala Sitharaman is scheduled to review the state of the economy amid global challenges at a meeting of the Financial Stability and Development Council (FSDC) on February 21. The 28th meeting of the high-level panel to be held here will be attended by…
Read More “Finance Minister to review economy at FSDC meeting on Feb 21” »
Micellar water, a product found in supermarkets, chemists and bathroom cabinets around the world, is commonly used to remove make-up. It’s a very effective cleanser and many people swear by it as part of their skincare routine. So, what is micellar water and why is it so good at getting makeup and sunscreen off? Here’s…
A salesman arranges a gold necklace inside a jewellery showroom in Kolkata. File | Photo Credit: REUTERS Gold prices tumbled ₹750 to ₹62,350 per 10 grams in the national capital on Wednesday amid weak global cues, according to HDFC Securities. In the previous trade, the precious metal had ended at ₹63,100 per 10 grams. Silver…
Hyundai has appointed bankers for the initial public offering which could be India’s biggest ever, and the company’s first listing outside South Korea. File | Photo Credit: PTI Hyundai Motor’s planned $3 billion IPO in India will help the carmaker score two goals in one go: expand in one of the world’s fastest growing markets…
Read More “Hyundai seeks expansion, higher valuation with India IPO” »