Mr Faligot's book is packed with considerable detail, not all of which may be of interest to a general reader

book review

This collection of 50 sketches, which the author Rasheed Kidwai calls "obituaries", bears a somewhat misleading subtitle

economy

This is a book written with scrupulous honesty, even innocence

Book cover1

Roadside assistance and outstation emergency add-ons are useful

economy-newsere

If you have a three-five-year horizon, you may invest in corporate bond funds and banking and PSU funds.

REITs, InvITs, AIFs and MFs all operate within a trust structure, with a few common entities such as sponsors, trustees, the asset management company and the asset manager.

funds, mf, mutual funds, equity, outflow, inflow, investment, AIF, REIT

However, assets inherited from one's maternal grandfather are not regarded as ancestral

succession planning, India Inc

Some courses are run solely on voluntary donations by the practitioner. For most others the average price is Rs 3,000 a day, and includes stay and meals

Kanha Shanti Vanam Centre for Heartfulness Meditation, Telangana. It is the world's largest meditation hall and can host 100.000 practitioners at one go

Kanha Shanti Vanam

Investors with low to moderate tolerance must stand by diversified funds

technology

Try to save cost on mode of investing, but it is usually not wise to scrimp on the cost of advice

India remains favourite with FPIs despite a steady deterioration in macros

Free products and services win customers, paid ones help sellers monetise

Changing city to pursue better career options, or taking a sabbatical for higher studies becomes difficult

The Jan Suraaj campaign is kicking off from Mahatma Gandhi Ashram in West Champaran district on October 2 this year and he will do a Padyatra of 3,000 km across Bihar

spotlight-news

Congress General Secretaries Ajay Maken and Randeep Surjewala will hold a press conference in Delhi to present a report card of the Narendra Modi government

politics

Elon Musk will provide an additional $6.25 billion in equity financing for the $44 billion buyout

This Is Feature Image Title

Launching a scathing attack on Telangana Rashtra Samithi (TRS), Prime Minister Narendra Modi on Thursday called for liberating Telangana from family rule and appeasement.

economy-new

The Prince of Wales visited the Romexpo Donation Centre for Ukrainian refugees in Bucharest where he met nearly 1 mn Ukrainians who have reached Romania since the war began on Feb 24

test rws

An unscheduled policy meeting for Thursday has spurred expectations for a big reduction, and the possibility that capital restrictions may be loosened further

automobile

testing dreaft article 123testing dreaft article 123

It is the retail frenzy which you can see. I do not think the institutions are buyers at this

Reliance Retail among for Future Enterprises

Provision of penal interest on delayed payments to start from July

Urea subsidy of Rs 3.68 trillion to continue till March 2025

Though costlier, they offer coverage for both type I and II diabetes, and to those with high levels of HbA1C

One aspiration for the GST system was that it would lead to regional development as it is a destination-based tax regime

The iPhone maker's stock rose 0.6% to end the day at $189.25, putting Apple's market value at $2.98 trillion, according to Refinitiv data

Omnivore Agritech and Climate Sustainability Fund, launched last April, will focus on startups developing breakthrough tech for agriculture, food, climate, and rural economy

Apart from several Democratic-controlled states, the majority have taken no action on gun control in recent years or have moved aggressively to expand gun rights

We are proceeding ahead in accordance with the promises made in the BJP's Sankalp Patra for the 2022 U.P. polls: State finance minister

Uttar Pradesh Chief Minister Yogi Adityanath addressing the foundation stone laying programme of the Brahmos missile manufacturing unit and Defence Research and Development Organisation (DRDO) lab, in Lucknow. (ANI photo)

Yogi Adityanath

The intersection quickly became known informally as George Floyd Square soon after Floyd's death, with a large sculpture of a clenched fist as the centerpiece of memorials

George Floyd

The Indian Opposition bloc cracks ahead of the Lok Sabha elections. After Mamata Banerjee, now Punjab CM Bhagwant Mann has ruled out an alliance between AAP and the Congress in the state. >

Buying an insurance policy for senior citizens is not easy. The cost is high. There is always the risk that the proposal could get turned down because the person suffers from certain ailments. And then there is the question of deciding which insurer’s policy offers better features. In this video, Sanjay Kumar Singh, Senior Assistant Editor, Business Standard demystifies the process for you

New Delhi, May 26 (ANI): Vinai Kumar Saxena took oath as Lieutenant Governor of Delhi on May 26. He took oath as the 22nd Lieutenant Governor of the National Capital. > > >

It's just a week into Rahul Gandhi's 67-day 'Bharat Jodo Nyay Yatra', and we're witnessing a whirlwind of events. In Assam, Congress workers are up in arms against the state government's alleged attempts to disrupt the yatra. Watch the video for the latest updates

Why is the Indian market a hard nut to crack for foreign retailers? Is there a twist ahead in start-up story? What's ahead for IT, banks, realty and metals? What is fast fashion? All answers here

Indore Title

How will the SC ruling affect the GST framework? How is Ukraine crisis impacting Surat's diamond industry? Are markets poised for deeper cuts down the road? What is delimitation? All answers here

G20 India Chapter 2023

Will higher pay be the new norm in IT sector? Are we prepared to roll out next-gen mobile networks?  Has the crash in mid, small-caps bottomed out? What is Places of Worship Act, 1991? Answers here

TMS Ep175: IT pay hike, 5G & 6G launch, markets, Places of Worship Act

Will divestment slow down after LIC's weak debut? How is 'shrinkflation' helping FMCG majors? What are Sanjiv Bajaj's ideas on financial sector reforms? What is the total fertility rate? Answers here

TMS Ep174: Divestment, shrinkflation, Sanjiv Bajaj, total fertility rate

After meetings with stakeholders, the DoT is looking at various options which include an extension of the deadline

The analysis is based on a common sample of 76 companies from the Nifty 100 index

The decision comes as a blow for the 4,000-odd employees at Ford India's Maraimalai Nagar plant near Chennai and in Sanand, Gujarat

Export demand from India has seen a surge this year due to the shortage of wheat in the world markets because of the Russia-Ukraine war

Former India batter Sanjay Manjrekar pointed out that teams, irrespective of IPL or international cricket, can benefit immensely if opener K.L Rahul bats "quicker rather than longer."

Singtel's effective stake in Bharti Airtel is 31.7 per cent. It holds a 49.44 per cent stake in Mittal family owned firm Bharti Telecom

The WEF 2022 took place at a watershed moment in history from May 22 to May 26

Vinai Kumar Saxena on Thursday was sworn in as the Lieutenant Governor of Delhi

Gowda's son and former Karnataka chief minister H D Kumaraswamy and grandson Nikhil Kumaraswamy were amomg those present during the meeting at Gowda's Padmanabhanagar residence

Patidar's knock, laced with 12 boundaries and seven sixes, at a strike rate of 207.41, enthralled the capacity crowd at the stadium.

Patidar's knock, laced with 12 boundaries and seven sixes, at a strike rate of 207.41, enthralled the capacity crowd at the stadium test.

Ajit Pawar lashed out at the Centre by alleging that the Central investigation agencies are being 'misused' and demanded that investigations should be carried out in a transparent manner

sports

Shiv Sena claimed Enforcement Directorate's raids on the premises of party's Anil Parab were a way to exact "political revenge" and that this will only make the Sena's resolve stronger to fight BJP

Enforcement directorate

Los Angeles Sheriff Alex Villanueva said that his Department's stations "will be closely monitoring and working with our station's school resources officers to ensure the safety of our children"

California shooting: 5 dead, including gunman, school kids injured

The Prime Minister will interact with 'Kisan drone pilots', witness open-air drone demonstrations and interact with startups in the drone exhibition centre

PM Modi

Financial stability risks have increased as the conflict has impacted all aspects of economic activity and financing conditions, ECB Vice President Luis de Guindos

Intense lobbying have begun in the BJP after the announcement of date for bypoll to the Rajinder Nagar Assembly constituency in the national capital

Elections, vote, polling, voting

economy-newdd

Experts say Musk can't unilaterally place the deal on hold, although that hasn't stopped him from acting as though he can

Elon Musk

World Economic forum (WEF) 2022: There is still an urgent need for weapon supplies, said the Ukraine Foreign Minister at WEF Annual Meeting 2022

Sachin Pilot has been vying for the Chief Minister's post, but Ashok Gehlot has the confidence of Sonia Gandhi

Rajasthan Chief Minister Ashok Gehlot addresses the media after presenting the state Budget 2022-23 in the Assembly, in Jaipur (Photo: PTI)

Ashok Gehlot

The arrest was recorded in a case of alleged hate speech against Muslims in Anantapuri Hindu Maha Sammelan in Thiruvananthapuram on April 30

social media, fake news, hate speech, trolls, propaganda, IT cell, politics, internet, technology, data, smartphone, digital

Turkey has been the only NATO member to object to the bid, citing the two Scandinavian countries' support to the outlawed Kurdistan Workers' Party

Magdalena Andersson

In 2020, when schools were closed, ASER found that barely one-third of all enrolled children were receiving learning material and activities from their schools (35.6 per cent)

The decision comes weeks after the UGC chief announced that CUET scores, and not Class 12 scores, will be mandatory for admission to 45 central universities

Number of firms donating to IIT Madras via CSR route has almost doubled in past five years; account for nearly half the total Rs 131 crore raised last financial year.

IIT Madras

Bihar Chief Minister Nitish Kumar on Monday said that strict action will be taken against the perpetrators of Bihar Public Service Commission (BPSC) Preliminary exam paper leak.

Bihar Chief Minister Nitish Kumar addresses a virtual rally at the JD-U office, in Patna..

Nitish Kumar, Bihar, JD (U)

A bench of Justices DY Chandrachud and Surya Kant said postponement of the exam would create chaos and uncertainty and would affect the larger section of students, who have registered for the exam

Supreme Court

FRL says it has already made necessary disclosures on termination of leases, and has provided related updates

Future Retail

Maharashtra recorded a sharp rise in Covid-19 cases at 470, the highest daily count since March 5 and more than half of them in Mumbai, while no fresh death due to the infection was reported

coronavirus, covid

Wang Yi's schedule includes visits to the Solomon Islands, Kiribati, Samoa, Fiji, Tonga, Vanuatu, Papua New Guinea and East Timor from May 26 to June 4

Wang Yi

Unseasonal rain in the last two days damaged crops over 7,400 hectares in five districts of the western Vidarbha region in Maharashtra, Deputy Chief Minister Devendra Fadnavis said on Monday

Government data indicates that less than 40 per cent of MSMEs borrow from the formal financial system

Page Industry

Here are the top BS Opinion articles of the day

PM Narendra Modi

The District Commission ordered LIC to pay and settle the claim under all the 13 policies

Employment among industrial workers increased further by about a million in the January-April 2022 Wave

workers, industry, industrial workers

Past experience can help reclaim degraded land

Taklamakan desert, Xinjiang, China, tunnel

The matter before the Court was the appeal against the decision of Gujarat High Court in the case of Mohit Minerals Pvt. Ltd

At World economic 2022 in Davos, business, political, and tech leaders are clear that deeper collaboration is essential to rebuild a world damaged by the Covid-19 pandemic and geo-political aggression

The resolution professional of Future Enterprises Ltd (FEL) has finalised a provisional list of three Prospective Resolution Applicants (PRA), an exchange filing from the debt-ridden company said

The IIP growth rate for the month of May came at 5.2%, according to the government release

A total of 22,490 COVID-19 tests were conducted in the national capital the previous day, the department said in its latest bulletin

covid, covid vaccine, coronavirus

India has so far administered 1,926,744,769 vaccine doses

A healthcare worker collects a nasal sample of a passenger for the COVID-19 testing, amid a surge in the Coronavirus cases, at a Railway Station, in Bikaner.

vaccination, coronavirus

RuPay transaction volumes rose marginally during the pandemic, value rose 40 per cent

RuPay

The rupee appreciated 7 paise to 77.49 against the US dollar in opening trade on Friday as crude oil prices retreated from the elevated levels.

Rupee, rupee vs dollar

The report added that the headset is expected to debut by the end of 2022.

apple, app store, apple app store

The year 2023 is forecast to see 18.8 million AR/VR device shipments, riding on the Metaverse momentum.

Facebook Oculus, Facebook, mark zuckerberg

As on date, inland waterways are not included in the list of projects that require prior environmental clearance

Devotees perform 'Tarpan' ritual on the bank of  Ganga river on the occasion of Mahalaya, in Kolkata

Ganga river, Devotees

A mobile app for Single Use Plastics Grievance Redressal was also launched to empower citizens to check sale/usage/manufacturing of SUP in their area and tackle the plastic menace

single-use plastic, ban

Auction for Govt of India T-bills, earlier set for June 29, will now be held on June 28, with settlement taking place on June 30

Government, these books say, has been remarkably supportive of an industry that has helped hasten downward mobility and widen economic inequality

The key areas that the group will focus on operational effectiveness, enhanced experience and expedited innovation

Implementation of 20% tax on foreign remittances put off until October 1

As per data, PE investments in office segment fell to $732 mn during January-March period from $2,148 mn in the year-ago period, while the inflows in residential segment fell to $73 mn from $234 mn

The real estate book of L&T Finance is worth Rs 11,210 crore and infrastructure finance is worth 30,521 crore as on March this year

HSBC AMC acquires L&amp;T Finance's mutual fund unit for Rs 3,200 cr

L&T Finance

Going forward, the ability of developers to show growth on a high base of FY22 sales, and management of a weak macroeconomic environment along with rising interest rates would be the key monitorables

Housing market, Homes, Real estate, Realty

Office, retail, and industrial & logistics segments contributed 95% of the total institutional investment in the real estate sector during January-March period

Mumbai real estate, Mumbai housing

Asserting that Sanskrit is intertwined with Indian culture, BJP president J P Nadda said on Saturday that his party is a protector of the ancient language and is working to promote it.
Addressing the 'Utkarsh Mahotsav' organised by the Central Sanskrit University, Nadda said the BJP ideologically stands with Sanskrit, and that the party and Prime Minister Narendra Modi will leave no effort to promote Indian traditions and culture.
He claimed the origin of science, knowledge, mathematics and philosophy is rooted in the language.
India is unmatched in the world due to its culture, Nadda said.

science-env

The Competition Commission of India (CCI) has approved a proposed deal involving Serum Institute Life Sciences, Covidshield Technologies and Biocon Biologics.
Once the deal is complete, Serum Institute Life Sciences Pvt Ltd will have about 15 per cent stake in Biocon Biologics Ltd, according to the notice filed with the regulator.
Covidshield Technologies Pvt Ltd (CTPL), a wholly-owned subsidiary of Serum Institute of Life Sciences, will be merged into Biocon Biologics.
In a tweet on Wednesday, the watchdog said it has cleared the "merger by absorption of Covidshield Technologies into Biocon Biologics in consideration for acquisition of approximately 15 per cent equity shareholding of Biocon Biologics by Serum Institute Life Sciences."
CTPL was incorporated to undertake the business of marketing, selling and distributing vaccines, drugs and other pharmaceutical products.
Biocon Biologics Ltd is a subsidiary of Biocon Ltd. It offers treatment for chronic and acute diseases such as

Adar Poonawalla, chief executive officer (CEO) of Serum Institute of India

Adar Poonawalla, chief executive officer, Serum Institute of India

The blue pigment maker buys 78% stake in the firm for Rs 48 cr to take control of Ahmedabad works

M&A, mergers & acquisitions, merger, partnerships, Joint venture, JV

Existing reflective solar sail designs are typically very large and very thin, and they are limited by the direction of the sunlight, forcing tradeoffs between power and navigation

nasa

The model is the off-road-focused version of the Jeep Compass and has been fine-tuned to provide the best blend of on-road and off-road ride comfort and handling

The governments and companies own close to 8 per cent of all Bitcoin in the world, roughly 1 million Bitcoin (BTC) worth $45 billion, and Bulgaria is the major holder of it, a report said

Global insurance broker Howden said it has received insurance regulator Irdai's approval to raise its stake from 49% to 100% in its Indian arm

Azim Premji

Real estate market has witnessed at least 28 land deals, including outright purchases and joint ventures, so far this year comprising over 1,200 acres, according to property consultant Anarock.
The consultant noted that the appetite for land acquisition continues unabated for developers and other entities in the post-COVID world.
Anarock highlighted that developers are eyeing prime land at key locations across India for future developments across real estate asset classes.
"In comparison to H1 2021, the number of deals has doubled  from 14 deals in H1 2021 to 28 deals between January 2022 till date," Anarock Chairman Anuj Puri said.
As expected, he said residential development remains the prime focus, given the robust housing demand despite a hike in interest rate and property prices.
Since the beginning of this year, Anarock said that various entities sealed at least 28 separate land deals cumulatively accounting for over 1,237 acres across the country.
Of the total transacted l

Shares of state-run telecom firm MTNL will be in focus as the the government has deferred the merger of BSNL and MTNL due to financial reasons.

As millions of people stream the latest season of 'Money Heist' or 'Squid Game' on Netflix, little do they know that the streaming giant was born out of a video renting store in the US 25 years ago.

Disney, Warner Bros, Sony and Paramount all paused distribution of new movies in Russia

Entertainment major Viacom18 on Friday announced the launch of Sports18, the network's dedicated sports broadcasting channel.
The pay-TV channel, available in SD & HD, will offer fans the best-in-class sports content in India.
Sports18 will be the new home to the world's most premium sports properties, including the FIFA World Cup Qatar 2022, NBA, LaLiga, Ligue 1, Serie A, Abu Dhabi T10, and top ATP and BWF events.
Apart from premier picks from the world of football, basketball, tennis, cricket and badminton, the channel will provide fans access to top programming covering international sports news, magazine and highlights shows.
"We are pleased to launch a dedicated sports channel for an audience across demographics and geographies," Viacom18 Sports CEO Anil Jayaraj said in a statement.
"Sports18 will strive to be India's most-coveted broadcast network by providing fans easy access to a comprehensive bouquet of international and premier sports content."
According to sources, the

Photo: Viacom18

Fortis Healthcare Ltd on Wednesday reported a 40 per cent jump in consolidated net profit at Rs 87.03 crore in the fourth quarter ended March 31, 2022.
The company had posted a consolidated net profit of Rs 62.36 crore in the same quarter of the previous fiscal, Fortis Healthcare said in a regulatory filing.
Consolidated revenue from operations during the quarter under review stood at Rs 1,378.1 crore as against Rs 1,252,44 crore in the year-ago period, it added.
Total expenses in the fourth quarter were higher at Rs 1,264.17 crore as compared to Rs 1,167.29 crore in the corresponding period a year ago.
Fortis said it witnessed the impact of the COVID-19 pandemic in the first half of the quarter with occupancies witnessing a downturn.
However, given the lesser severity of COVID and low hospitalisations, the business saw recovery towards the end of February and operations returned to normal in the month of March.
While January saw an occupancy of 54 per cent, March witnessed a reb

Several professional tennis players credited Osaka with helping bring the subject out of the shadows for their sport

Japan's Naomi Osaka celebrates after defeating Latvia's Anastasija Sevastova during their fourth round match at the Australian Open

At least one novel pathogen emerges every year, with each one of those having the potential to morph into another worldwide pandemic and therefore, there is a need for a coordinated global response to tackle pandemics, health leaders said here on Wednesday.
Speaking at the World Economic Forum Annual Meeting 2022 here, they noted that the official count of COVID-19 deaths is more than 6 million, but the tail end of the pandemic is still raging in some parts of the world.
Improved global coordination and regional capacity building will help ensure the world is better prepared for the next pandemic, leading health experts said.
"We must not lose this moment of potential transformative change in building preparedness," said Helen E Clark, Board Chair, Partnership for Maternal, Newborn & Child Health, World Health Organization (WHO). "Unfortunately, political resolve to solve COVID is beginning to fade."
Paul Kagame, President of Rwanda, pointed out that the COVID-19 pandemic is still

Time and time again, Davos has fallen victim to a lack of focus and actionable unifying vision

World Economic Forum 2022 Davos, world economic forum, world economic forum 2022

Union Health Secretary Rajesh Bhushan has been appointed the chairperson of a key committee at the 75th World Health Assembly.

Union Health Secy Rajesh Bhushan

IRSDC

The technology also works on other food waste such as soy beans and spent grains

Karti Chidambaram has been accused along with others for allegedly helping Chinese nationals getting visas by flouting rules

The blast took place while people were inside the mosque for the evening prayers, Zadran said, adding that they were waiting for an update

As per vendors, these prices will increase further in the coming days as they argue "vegetables often become expensive during the rainy season"

Emiza Supply Chain Services has raised Rs 37.5 crore in a funding round led by JM Financial Private Equity

Private credit

South Korea's new Covid-19 cases stayed in the 20,000s for the second consecutive day on Wednesday, down nearly 7,400 cases from a week ago, as the Covid-19 pandemic is in retreat

South Korea, coronavirus, economy

According to S&P, finance & insurance sector was the "brightest spot" regarding business activity and new orders, topping the growth rankings in both instances

Full size

Foxconn, with the two companies, is expected to make both advanced as well as legacy chips in India 1478

While almost all cars that fell into that category cost less than larger sedans or even mid-size SUVs, the underlying truism led to two realities

Will today's pause by RBI lead to a pivot? Why are public sector banks under pressure? Markets factoring in most positives; what's next? Why are Nvidia GPUs so important? All answers here

How can Byju's get out of its debt crisis? How will Apple Vision Pro change the user experience? How to identify potential winners in the stock market? What is sellers' inflation? Answers here

What has the SC said on cheque-bounce cases? What are cardless ATM transactions and how can you do them? Find these and more in this episode of TBS

Shanghai, which is aiming for a June 1 complete exit from a stringent city-wide lockdown, is gradually and cautiously unwinding COVID curbs

corona

RITES Q4 results 2022: Operating revenue, excluding other income, went up by 21.5 per cent to Rs 744 crore in Q4 FY22

(Photo: Official website https://ritesltd.com)

Raj Kumar

N S Kannan

Suresh Badami

Abhijit Gulanikar

R M Vishakha

Yashish Dahiya

Devesh Srivastava

Bhargav Dasgupta

Anup Rau

Anuj Gulati

Sanjay Kedia