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15.03 / 01:23
markets Strategy Enterprise wellness Trade country Colleges Purshottamdas Thakurdas: The cotton trader whose economic vision India ignored
Subscribe to enjoy similar stories. Some are born great, some achieve greatness, and others have greatness thrust upon them. But the truly unfortunate are those who have greatness snatched away.
15.03 / 00:51
markets UPS FIVE pandemic trends show consequences HDFC Asset Management Co’s valuation cooled off despite a strong quarter. Time to reconsider?
Subscribe to enjoy similar stories. Asset management companies have been major beneficiaries of India’s rising equity penetration since the pandemic years. These stocks have delivered strong returns over the past two years and their assets under management (AUM) have surged more than 200% over the previous five years.
15.03 / 00:51
UPS Aviat Airlines Flushing travelers recommendations Investigations Can the Tatas still save Air India from flushing away its reputation?
Subscribe to enjoy similar stories. Air India’s journey under the Tata group has been replete with mis-steps. The latest was on 5 March when an Air India aircraft headed to Delhi had to fly back to Chicago as eight of the 12 lavatories in the aircraft had become unserviceable.
15.03 / 00:41
Provident Booking Manufacturing hospital information Department I-T Department digs deep, explores unusual sources for info gathering
It is happening across businesses and states, with the taxman snooping around for transaction details with organisations in financial services, hospitality, healthcare, real estate, manufacturing, and those linked to telecom and direct-to-home services. The aim is to collect evidence of tax evasion, misreporting, and racketeering by verifying various dealing records with the claims made by individuals and entities, under the scrutiny of the I-T Department. «The request for information spans multiple sectors, highlighting an increased dependence on third-party information, documents, and confirmations,» said Ashish Karundia, founder of CA firm Ashish Karundia & Co. Use of Sec 133(6) Multiplies
15.03 / 00:41
COST UPS CEO Healthcare cover Profiles Rising healthcare costs: Policyholders tap loans to retain health cover
healthcare costs and insurance premiums, many Indians are opting for premium-financing loans to maintain or increase their health coverage. Startups such as Finsall, Bimpay Finsure and InsurFin, which specialise in insurance premium financing, are seeing increasing demand for such loans. Finsall and Bimpay said they get around 7,000 new customers each month. The average loan is for Rs 40,000 and the interest rate ranges from 12% to 16% on a reducing balance basis, depending on the borrower's credit profile.
15.03 / 00:41
Adventure Celebrity Diversity country travelers Schools Destinations For GenX, holidays a festive dip into culture, adventure
They are emblematic of a new generation of travellers stepping out of the cosy confines of their homes to experience festivals of all hues and colours — seeking immersion, adventure and a deeper connection with cultural traditions. Indians are increasingly planning trips around festivals, both within the country and abroad, said travel industry executives.
15.03 / 00:41
UPS Provident Career security Experts Aon Diversity India Inc happy to give you a 2nd innings
comeback programmes — designed to help professionals, primarily women, re-enter the workforce after a career break — are paying off for companies, but there's still a long way to go, say experts. Companies that have adopted returnship programmes are seeing the benefits: access to a bigger pool of talent, improved diversity and low attrition rates among the returnees. Alumni of these programmes often become the organisation's strongest advocates, frequently referring friends, former colleagues and other professionals. «Returnships are likely to become a standard part of talent acquisition strategies as companies realise their strategic value in addressing skill shortages and promoting diversity,» said Shilpa Khanna, people advisory leader, India, at professional services firm Aon. «The vision is for all talent that is interested to work have a fair and objective chance of returning to the workforce, get relevant support to be successful and not be discriminated against for stepping away from their careers,» Khanna said.
15.03 / 00:41
markets Booking Gap PwC Trade reports International IndusInd auditors seek forensic scrutiny of derivatives portfolio
Following this request, the board has initiated the process of selecting a top firm for conducting forensic audit, said the sources cited above. The private lender, which has faced a 50%-plus market-value erosion in six months, disclosed on March 10 evening certain discrepancies in its derivatives portfolio. These gaps could adversely impact its net worth by 2.35% as of December 2024, with about '1,600 crore of the hit likely to reflect in the March quarter earnings. On Tuesday, the stock lost 27% after the disclosures, the most on record.
15.03 / 00:41
Williams Airlines Boeing SpaceX stage Department International NASA's stuck astronauts, Butch Wilmore and Sunita Williams, set to return as new crew launches to ISS
NASA astronauts stranded in space launched to the International Space Station on Friday evening, setting the stage for their colleagues' return after nine months. SpaceX must deliver this replacement team before Butch Wilmore and Sunita Williams can depart. The new crew is expected to arrive late Saturday night. To ensure proper handover of space station operations, NASA requires an overlap period between the crews. This arrangement would enable Wilmore and Williams to depart next week and land off Florida's coast, subject to weather conditions. Astronauts who arrived on a SpaceX rescue mission in September will accompany the pair back to Earth, using two seats previously allocated for their return journey. The fresh crew, launching from NASA's Kennedy Space Center, comprises NASA astronauts Anne McClain and Nichole Ayers (both military pilots), alongside Japanese astronaut Takuya Onishi and Russian cosmonaut Kirill Peskov (both former airline pilots). They will undertake a standard six-month mission after facilitating Wilmore and Williams' departure.
14.03 / 23:49
Nielsen Updates South Australia vs Queensland Live Score: Match 29 of Sheffield Shield, 2024/25 to start at 05:30 AM
Venue : Karen Rolton Oval, Adelaide South Australia squad - Conor McInerney, Daniel Drew, Henry Hunt, Jake Fraser-McGurk, Jake Lehmann, Jason Sangha, Kyle Brazell, Mackenzie Harvey, Thomas Kelly, Travis Head, Aidan Cahill, Liam Scott, Nathan McAndrew, Nathan McSweeney, Alex Carey, Harry Matthias, Harry Nielsen, Benjamin Manenti, Brendan Doggett, Campbell Thompson, Harry Conway, Henry Thornton, Jordan Buckingham, Lloyd Pope, Spencer Johnson, Wes Agar Queensland squad - Angus Lovell, Bryce Street, Hugh Weibgen, Hugo Burdon, Jack Clayton, Lachlan Hearne, Max Bryant, Usman Khawaja, Jack Sinfield, Jack Wildermuth, Marnus Labuschagne, Matt Renshaw, Michael Neser, Ben McDermott, Jem Ryan, Jimmy Peirson, Lachlan Aitken, Benji Floros, Callum Vidler, Connor Sully, Gurinder Sandhu, Liam Guthrie, Mark Steketee, Mitchell Swepson, Tom Straker, Tom Whitney, Xavier Bartlett South Australia vs Queensland Match Details Match 29 of Sheffield Shield, 2024/25 between South Australia and Queensland to be held at Karen Rolton Oval, Adelaide at 05:30 AM.
14.03 / 22:07
markets Ethereum Digital coinbase security President Bitcoin Trump crypto czar Sacks sells over US$200 million in investments
David Sacks, President Donald Trump’s adviser for artificial intelligence and cryptocurrencies, and his venture-capital firm Craft Ventures have divested more than US$200 million worth of holdings related to the digital-asset industry, according to a memo released by the White House.
14.03 / 22:07
markets Bill pandemic Trade President War 2020 Trump's tariffs on goods may be a prelude to tariffs on money
This month, many investors feel dazed and confused. No wonder: as the U.S. government flirts with another shutdown and U.S. President Donald Trump intensifies his trade war, indices of economic uncertainty have skyrocketed above even the 2020 pandemic or the global financial crisis of 2008.
14.03 / 22:07
UPS wellness Trade President War show country Alberta has nearly six times the natural gas it thought, putting Canada among world's top 10
Alberta’s proven natural gas reserves have increased nearly sixfold to 130 trillion cubic feet since they were last assessed, according to a new study, giving Canada’s oilpatch leaders something to show off this week at a Texas oil summit in hopes of turning heads and capital flows northward.
14.03 / 22:07
UPS CRA wellness show reports Courts Investigations CRA’s 'stupid mistake' compels taxpayer to pay taxes on an extra $53,258
I rarely get any physical mail anymore. In fact, if it weren’t for my weekly New Yorker magazine subscription, my mail carrier would have no reason to visit my front stoop. Over a decade ago, I switched all my bills (hydro, natural gas, home internet, credit cards, etc.) to email delivery, and this includes most tax slips, as well as correspondence from the Canada Revenue Agency.
14.03 / 20:11
Reuters President country voice social reports politician Voice of America is ending contracts with big houses like AP, Reuters, AFP
US government agency that runs the Voice of America has moved to terminate contracts with The Associated Press, Reuters and Agence France-Presse, and told its journalists Friday to stop using material from the wire services, as per a report. Kari Lake, the former broadcaster turned Republican politician who was selected by President Donald Trump to run VOA, estimated the move would save $53 million, AP reported. The new administration has quickly asserted its authority at VOA, which has delivered news from an American perspective to countries across the world. While awaiting official approval to take over, Lake was brought on as special adviser at the U.S. Agency for Global Media, which oversees VOA and sister organizations like Radio Free Europe. She announced via social media on Thursday that she was ending the «expensive and unnecessary contracts» with the wire services. «We should not be paying outside news organizations to tell us what the news is,» said Lake, who ran unsuccessfully for Arizona governor. «With a nearly billion-dollar budget, we should be producing news ourselves. And if that's not possible, the American taxpayer should demand to know why.»
14.03 / 20:11
MET Actor Celebrity social reports Relationships What happened when Tamannaah Bhatia and Vijay Varma met at Raveena Tandon's party
Tamannaah Bhatia and Vijay Varma, whose relationship has been the subject of much speculation, were recently spotted at Raveena Tandon’s Holi celebration. The duo, however, carefully avoided being photographed together, further fueling rumors about their alleged breakup. The grand Holi party, hosted by Raveena Tandon and her husband Anil Thadani, took place at their Mumbai residence and was attended by several celebrities. Tamannaah and Vijay arrived separately and participated in the festivities alongside Raveena’s daughter, Rasha Thadani, with whom they share a close bond. Social media influencer Ashish Chanchlani, filmmaker Abhishek Kapoor, and his wife Pragya Kapoor were among the other notable guests present at the event.
14.03 / 20:11
Sustainability WhatsApp ET Graphics: Builders go big on green as investors favor sustainability
Property developers are increasingly focusing on green building initiatives as investors prioritise sustainable assets and green leases. Bengaluru, India’s tech capital, leads in green asset adoption, followed closely by Delhi-NCR and Hyderabad, reflecting a strong commitment to environmental consciousness in major business hubs. As sustainability becomes a key investment criterion, green buildings are emerging as attractive assets for both developers and investors, shaping the future of commercial real estate.
14.03 / 19:27
markets COST economy wellness Trade President social Commodities navigate Trump trade turbulence
global commodity markets as they navigate the mounting challenges posed by US President Donald Trump's erratic and inconsistent trade policies. While the media focus on each headline-grabbing announcement and social media post about new and retaliatory tariffs from the US leader and his administration, commodity markets are busy doing what they have done so well in the past, adapting to rapidly changing circumstances. For commodities it's important to make distinctions between those already being affected by Trump's trade policies, those likely to be in the future, and those unlikely to suffer direct impact, but which might feel second-round effects from a slowing world economy. The first group includes steel and aluminium, with Trump's 25% tariffs on all imports of the metals having started. The main impact is likely to be price increases for steel and aluminium in the United States, as domestic producers have limited scope to boost output significantly.
14.03 / 19:27
markets Reuters economy Trade War reports Donald Trump is reason behind rise in Chinese stocks prices? Here's what we know so far
Donald Trump's wide-ranging trade war rouses fears of recession, global investors have found an unlikely new sanctuary: Chinese equities. Hong Kong's benchmark Hang Seng Index — where many major Chinese companies are listed — is up 17 since Trump entered the White House in January. That compares to an about 9 per cent drop in the S&P 500, which has also shed $4 trillion in market value from record highs last month, Reuters reported. Trump's erratic pronouncement on tariffs and moves to slash federal government spending have challenged assumptions about the appeal of U.S.
14.03 / 19:27
FIVE Man CEO WhatsApp Harmonic rights LVMH to lift age limit, letting Arnault remain CEO until 85
LVMH will ask shareholders to raise the age limit for its CEO and chairman to 85, allowing its billionaire boss Bernard Arnault to remain longer at the helm of the French luxury goods group. Bernard, 76, created the group and has grown it into the world's largest in its sector, holding the position of both chief executive and chairman of the board, and making him the wealthiest man outside the United States. But he has yet to name a successor, even though his five children — ranging in age from 27 to 49 — work for the group and four sit on its board. At the company's next general meeting on April 17, shareholders will be asked to vote on an amendment to «to harmonize the age limits for the Chairman of the Board of Directors and the Chief Executive Officer, bringing them to 85 years,» according to a posting in an official gazette. The company had already raised the age limit for CEO to 80 in 2022. In July 2022, Bernard Arnault consolidated family control over LVMH by reorganizing his Agache holding company into a limited partnership.
14.03 / 19:27
UPS ICE WhatsApp Southern reports Cocoa slips to 4-month low of £6,110/ton
Cocoa futures on the ICE exchange hit four-month lows on Friday and headed for 3% losses for the week, amid a large increase in ICE-certified stocks and benign weather forecasts for West Africa. London cocoa fell 3.6% to 6,110 pounds per metric ton at 1259 GMT. Dealers noted ICE-certified stocks have shot up to their highest since early January ahead of the expiry of the front month cocoa contract later this session.

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