Retail investors’ interest in the Indian mutual fund industry has seen an uptick with the value of assets held by them witnessing a rise of 9.3% to ₹23.4 lakh crore in January this year. In comparison, the value of assets held by retail investors in mutual funds stood at ₹21.40 lakh crore in January 2022, […]
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Editor’s Note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. Get news about destinations opening, inspiration for future adventures, plus the latest in aviation, food and drink, where to stay and other travel developments. CNN — For years, journey times flying east from Israel depended on who you were flying with. If you […]
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European Union flags flutter outside the EU Commission headquarters, in Brussels, Belgium | Photo Credit: Reuters EU approves 10th package of Russia sanctions on anniversary of invasion The European Union, after hectic last-minute haggling, has approved a tenth package of Russia sanctions on the anniversary of Moscow’s invasion of Ukraine, the Swedish EU Presidency said late on Friday. […]
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The U.N. General Assembly votes in favour of a resolution upholding Ukraine’s territorial integrity and calling for a cessation of hostilities after Russia’s invasion, Thursday, Feb. 23, 2023, at United Nations headquarters. | Photo Credit: AP India abstains in U.N. vote underscoring need for just, lasting peace in Ukraine India abstained in the U.N. General Assembly on February 23 […]
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The logo of Vedanta | Photo Credit: REUTERS Billionaire Anil Agarwal’s Vedanta Resources Ltd on Wednesday said it has slashed debt by $2 billion in the current fiscal as it looked to soothe investor concerns over ability to repay upcoming obligations. The company, which is the parent firm of Mumbai-listed Vedanta Ltd, had a net […]
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CNN — From returning to the sky in new livery to fly for another airline, to being recycled for parts or moving an aircraft boneyard, the possibilities for retired aircraft are seemingly endless. Some have been converted into restaurants, museums, cafes and even party venues. But this private jet turned luxury villa, located on a […]
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Image for representational purpose only. File. | Photo Credit: AP The Union Ministry of Commerce has further simplified work-from-home rules in Special Economic Zones (SEZs) after Nasscom made a series of deliberations and government engagements, said the apex body on Friday. “The ministry, in its notification released on December 8th has further simplified work-from-home rules […]
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Pedestrians walk past the Bombay Stock Exchange (BSE) building, in Mumbai. File | Photo Credit: PTI Market benchmarks fell in early trade on Monday amid weak trend in other Asian equities. After a weak beginning, the 30-share BSE Sensex further declined 463.1 points to 61,200.38. The broader NSE Nifty dipped 129.25 points to 18,178.40. From […]
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The challenge for policy-makers in India is how to be creative about our own problems given our strengths. Pulapre Balakrishnan has written a highly readable and insightful take on the story of India’s growth and development since independence from British colonial rule. Though this story has been told many times, in India’s Economy from Nehru […]
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Life Insurance Corporation of India (LIC) logo | Photo Credit: Reuters Days ahead of the deadline to submit binding bids, LIC’s move to sell its ₹3,400 crore secured principal debt of cash-strapped Reliance Capital Ltd (RCL) to an asset reconstruction company (ARC) has irked its lenders and bidders. The last date for submitting binding bids […]
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