MUMBAI: RBI governor Sanjay Malhotra has hinted that the central bank may not react to the current bout of inflation and spurt in credit growth. Malhotra struck a notably composed tone, describing price pressures as contained even if “currently a bit elevated”, and attributed the uptick largely to supply-side disturbances.“Inflation is also under control although…
Mukbang YouTuber Yuno has apologized after receiving heavy criticism for a video filmed during a long-haul flight. The creator, who has more than 780,000 YouTube subscribers, recorded himself ordering food more than 20 times while sitting in first class on a flight that lasted around 15 hours. Many viewers felt the repeated food requests created…
NEW DELHI: In a likely breakthrough in govt’s attempts to muster a two-thirds majority in Parliament to pass the Constitution amendment bill to increase seats in Lok Sabha and implement women’s reservation law from 2029, DMK, which has 22 members in Lok Sabha, said it is open to negotiation if govt can guarantee that the…
The hardest part about self-hatred is that it often sounds like honesty. That voice tells you you’re not smart enough, attractive enough, successful enough. But if you listen closely, you’ll realize it’s usually repeating old fears, past criticisms, or impossible expectations rather than facts. The next time it shows up, don’t argue with it. Just…
NEW DELHI: When it comes to wooing investors and facilitating sustained investments Gujarat, Maharashtra, Tamil Nadu, Goa and Odisha have emerged as the top performing states in the first ever ‘Investment Friendliness Index’ released by NITI Aayog on Friday.The states scored well over 50 on a scale of 1-100 in the index covering all 36…
LONDON: Andy Burnham promised to bring hope to the British people and purpose to the country’s floundering Labour govt as he was officially declared party leader on Friday, clearing his final hurdle to take office as prime minister on July 20.The former mayor of Greater Manchester was the only contender in the centre-left party’s leadership…
CHENNAI: With a slate of crucial free trade agreements (FTAs) operationalised, the textile industry is upbeat on export opportunities. The UK deal, which kicked in on Wednesday, eliminates tariffs of up to 12% and brings parity with key competitors like Bangladesh and Vietnam. While companies of all sizes are actively negotiating orders, concerns remain that…
CHENNAI: Market regulator Sebi on Friday said it has extensively deployed artifcial intelligence capabilities, with these tools generating a growing number of actionable alerts. These alerts have helped uncover patterns indicating recent instances of front-running in the portfolio management services (PMS) industry.“Recently, we have noticed our AI generating enough alerts, and over a period of…
Representative photo (IANS image) BENGALURU: The quick commerce race is no longer mainly about reaching new neighbourhoods. It is becoming a fight over the same pin codes. India’s five largest operators added close to 900 dark stores between April and July this year, with Blinkit, Flipkart Minutes and Amazon Now leading the expansion, according to…
MUMBAI: Benchmark indices ended higher on Friday, with the sensex climbing 965 points and Nifty reaching the 24,330 level, propelled by buying in blue-chip Reliance Industries, bank and IT stocks.Additionally, a strengthening rupee against the US dollar improved sentiment, even as the broader market remained predominantly negative due to weak global cues, traders said.“There is…