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To all the Barricades… The Rumour Got You at the Finnish pavilion in the Giardini, which is being presented as an assorted composition of three distinct works. The primary work is a large ballpoint pen drawing on silk across multiple panels, showing people queued up—symbolising the time spent waiting in a bureaucracy and trickle-down economy. It is accompanied by a series of sculptures, which imitate trash found on urban pavements, and a third plane consisting of cross-stitched textile forms replicating stains.

India’s growing consumption economy hides a worry: the changing dynamics of parenting in conflict with how the attitudes and behaviours of younger generations are shaped. Indian parents are in uncharted territory, with children online and inundated with consumerist ideals. This shift not only threatens parenting as we know it, but also makes it harder to foster healthy developmental pathways for the next generation.

financing may add as much as 1 percentage point to the borrowing costs of renewables projects, according to a top consultancy firm, potentially causing a hike in wind and solar power prices in the country. Lenders will be needed to set aside as much as 5% of the capital they lend to infrastructure projects under construction, a draft by the Reserve Bank of India stipulates. That compares with the current norm of just 0.4% provisioning for standard assets. The allocation can come down to as low as 1% as the project matures and starts generating cash for repayment of the loan. Also Read: RBI's latest norms may derail Modi govt's flagship economy driver

Adani Enterprises Limited (AEL). According to a January note by American brokerage firm Cantor Fitzgerald, AEL "is at the core of everything India wants to accomplish." The company functions as an incubator for Adani's businesses. Many have been spun out and become leading players in their respective sectors.

Xi Jinping is due to meet Hungarian Prime Minister Viktor Orban on Thursday, with the war in Ukraine and infrastructure projects high on the agenda, as he makes his third stop on his first European tour in five years. Xi, who arrived in Budapest late on Wednesday, can expect a warm welcome in a country that is an important partner in trade and investment, in contrast with other EU nations that are considering diversifying from China and becoming less dependent on the world's second-largest economy.

This week European Union leaders, who are threatening tariffs on electric cars, were the latest to scold China about overcapacity. Before she met visiting President Xi Jinping, the bloc’s chief Ursula von der Leyen said she’s hoping for action in the “short term.”

Australia unveiled plans Thursday to keep burning natural gas beyond 2050, saying its reliance on the fossil fuel would not derail a pledge to reach net zero emissions in the next 30 years. Resources minister Madeleine King said gas «will remain an important source of energy» in Australia, outraging environmental groups who branded the Future Gas Strategy a "climate disaster".

₹7 lakh from ₹5 lakh earlier to increase its adoption. In value terms, personal income collections after refunds stood at ₹10.44 trillion in 2023-24, growing at 25.23%.

value of shares held, surged to a seven-year high of 10.38% of total market capitalisation as of March 31, driven by a robust rally in several public sector unit (PSU) stocks. The value had touched a high of 22% of total market capitalisation of listed firms in June 2009, dropping to a low of 5.1% in September 2020 before doubling since then, according to data from primeinfobase.com. Re-ratings amid large valuation discounts, high dividend yields, record cash flows and news of possible privatisation triggered a sharp rally in public sector companies over the last three years.

Gandhinagar | New Delhi: India is in the «final stages» of negotiations with many countries to work out the modalities of settling trade in Indian rupees, Union home minister Amit Shah told ET in an exclusive interview, adding that this will be a major priority of the new government. «Matters have been put on hold due to elections but let me tell you we are in the final stages in our negotiations with many countries. This will be a priority for us in days to come,» he said in a detailed interview on board his flight back to Delhi from his constituency Gandhinagar, which went to the polls on Tuesday. On US President Joe Biden's remark that countries such as India, China, Russia and Japan were losing out on economic growth because of xenophobia, Shah said he had not seen Biden's comments in detail but pointed to India's growth trajectory over the past decade as evidence of its rising economic profile.

Indian outsourcing leaders will likely have to wait longer, perhaps until the start of FY26, for a revival in business as the US Federal Reserve could keep interest rates elevated in the world’s largest economy to ensure a lasting victory over politically uncomfortable inflation. High real rates could elevate hurdle rates for companies, potentially crimping growth in discretionary technology spends. “The Fed's hawkish approach is a double-edged sword. Higher interest rates could lead US clients to curtail discretionary IT spending, impacting revenue growth for Indian firms,” said Hansa Iyengar, senior lead analyst for UK-based IT research firm Omdia.

India's data centre capacity is set to double to reach 2,000 MW by 2026, as the country transitions towards a developed market economy amid a rise in 'green energy' solutions, a report showed on Wednesday. The growth plans have also created substantial investment prospects, with a likely capex of ₹50,000 crore in this space over the next three years till 2026, according to the report by CareEdge Ratings.

FTX says that nearly all of its customers will receive the money back that they are owed, two years after the cryptocurrency exchange imploded, and some will get more than that

Shopify’s stock is poised to potentially tumble to an all-time low on Wednesday as the Canadian company gave a disappointing second-quarter forecast that includes easing revenue growth and thinner margins

President Joe Biden is pushing proposals to help families pay for child care, preschool and elder care while he's running for reelection this year

Canadian e-commerce platform Shopify forecast its slowest quarterly revenue growth in two years against the backdrop of an uncertain economy and tepid consumer spending, sending its U.S. shares slumping nearly 20 per cent in early trading Wednesday.

Wednesday, May 08, 2024 – There’s not long left now to buy Solana’s greatest multichain good boy Dogeverse before his month-long presale concludes.

Council of Economics Advisers Chairman Kevin Hassett weighs in on the Fed's monetary decision, consumer credit data, oil prices and anti-Israel protests.

rubber-stamp parliament, is under way in Beijing. The top leaders and thousands of delegates will attend for a week. So far the signals are not reassuring.

Heard of the Trash Isles? It’s a ‘country’ with over 100,000 citizens, with Judi Dench as its queen and Dwayne ‘The Rock’ Johnson as defence minister. This floating mass of trash clumped together and polluting the Pacific Ocean was declared an imagined country by an awareness campaign to focus attention on the ‘no man’s land’ that gets polluted by everyone’s waste but is taken care of by no one.

CarTrade Tech acquired OLX India operations last year. With the addition of OLX, CarTrade Tech’s user base has grown exponentially to more than 70 million active users, according to Amit Kumar, Managing Director and CEO of OLX India. In an email interview with LiveMint, Kumar said that out of CarTrade Tech’s 70 million active users, OLX as a platform contributes more than 35 million unique users.