NEW DELHI: The Telecom Regulatory Authority of India (Trai) will continue to work with Apple to break the deadlock in talks over introducing its Do Not Disturb (DND) application (app) to Apple’s iOS Store, senior officials have said. The iPhone maker removed the app from its app store in...
NEW DELHI: Taiwan’s Hon Hai Precision Industry Co, which is a contract manufacturer for iPhones, on Monday said its subsidiary Foxconn Hon Hai Technology India Mega Development, has planned $1.6 billion investment in India. The planned outlay by the company is related to certain construction projects at its own...
MUMBAI: The banking sector is expected to witness rise in co-lending deals between Non-Banking Financial Companies (NBFCs) and banks after the Reserve Bank of India (RBI) Governor Shaktikanta Das asked shadow banks to reduce their over-dependence on bank funding. Smaller and mid-size NBFCs will prefer co-lending as funds sourced...
By Nantoo Banerjee The announcement of a prisoner swap deal between warring Hamas and Israel mediated by Qatar and Egypt and agreed by Israel, Hamas and the United States may have led to a temporary armistice in the region and selective exchange of captives from both the sides ,...
By Kalyani Shankar As the Telangana elections approach their final week, the youngest state in India is ready for a Triangular electoral contest. The ruling Bharat Rashtra Samithi (B.R.S.), Congress, and the Bharatiya Janata Party (B.J.P.) compete for victory. Since its inception in 2014, B.R.S. chief K. Chandrashekhar Rao...
By Sushil Kutty Telangana votes on November 30. Two days later votes cast will be counted and by afternoon of the same day, which party will be ruling Telangana would be known. If it is the Bharatiya Janata Party, the party has promised an Other Backward Caste Chief Minister....
By Arun Srivastava It would be presumptuous to say that the elections to the five-state assemblies are a semi-final clatter for Prime Minister Narendra Modi; but one thing is certain that the peoples’ verdict for these elections will outline the political future of Rahul Gandhi. A negative mandate will...
By Arun Kumar Shrivastav Crypto exchange Binance’s co-founder and CEO Changpeng Zhao resigned on November 22 after the federal judges found his company guilty of violating U.S. anti-money laundering and sanction laws. The world’s largest crypto exchange was charged with not reporting over 100,000 suspicious transactions involving terror organizations,...
MUMBAI | NEW DELHI: The Securities and Exchange Board of India (Sebi) decision to create a regulatory framework for the facilitation of small and medium real estate investment trusts (SM REITs) is expected to boost participation of retail investors, institutionalise the segment, and encourage greater capital influx from both...
NEW DELHI: Core inflation, which excludes volatile food and energy prices, may stabilise around 4% in January with a limited scope for further decline as prices continue to be sticky in certain service sectors, according to economists. A higher core is likely to keep retail inflation from declining significantly,...
BENGALURU: New York-based artificial intelligence and robotics firm BRAIIN Holdings is entering the Indian market and has acquired prominent CXaaS (customer experience-as-a-service) company Exato.ai which serves as a strategic foundation for its operations in India. With this acquisition, the company has bolstered its presence in the customer and employee...
NEW DELHI: The Insolvency & Bankruptcy Board of India (IBBI) is expected to finalise crucial amendments to regulations – from those seeking to make life simpler for home buyers to those for personal and companies’ insolvency proceedings, insolvency professionals and liquidation – next month as it seeks to improve...
NEW DELHI: The 16th Finance Commission will have a tough task, primarily because the mismatch between the resource mobilisation by the Centre and state governments and the rising requirements of spending of public monies on socio-economic development and critical infrastructure creation refuses to go away. In this context and...
By Tirthankar Mitra Usually every actor aspires to be a hero. But even when told by a maestro like Satyajit Ray on his face that a hero never looks like him the plain speak could not dampen Rabi Ghosh’s spirit; he was comfortable with facts. For it was not...
By Satyaki Chakraborty Nearly three million workers die every year due to work-related accidents and diseases, an increase of more than 5 per cent compared to 2015, according to new ILO estimates. The toll underscores the persistent challenges in safeguarding the health and safety of workers, globally. Most of...
By Girish Linganna Yahya Sinwar, the leader of Hamas’s political wing in Gaza, has gone into hiding due to the intense efforts by Israeli forces to locate his whereabouts. Sinwar, who is recognizable by his distinctive white hair and black eyebrows, is considered one of the most wanted men...
By Rejimon Kuttappan In 2015, the late Union external affairs minister Sushma Swaraj placed two telephone calls to the foreign minister of Saudi Arabia on March 27 and 29 seeking a safe passage for Indians stuck in war-torn Yemen. Following the Arab Spring in 2011, Yemen was grappling with...
By Steven Forti Early this summer, no one would have bet a single euro that Pedro Sánchez would still today be Spain’s prime minister. After May’s local elections, in which the opposition right-wing parties won handsomely, many thought that the Socialist Party (PSOE) leader Sánchez belonged to the politically...