Smid (small- and mid-cap) indices have recovered from their mid-March lows, after warnings of froth. The Nifty Midcap 150 hit a record 18,400 on Wednesday and the Nifty Smallcap 25 ... Read more
A steep reduction in subsidies on electric two-wheelers is set to increase prices for the second time in a year, by up to ₹12,000 in FY25. Will it undermine growth in an industry t ... Read more
The general take on India’s rapid economic growth is that it’s powered by the government’s capex push. But a recent report questions this narrative, saying it underestimates the ro ... Read more
Maintaining that GPT-4 “kind of sucks”, OpenAI CEO Sam Altman said recently his company will release an “amazing new model” this year. This has sparked speculation that OpenAI may ... Read more
The Reserve Bank of India (RBI) is tightening its scrutiny of the credit card industry. Recently, it asked Federal Bank and South Indian Bank to stop issuing new co-branded credit ... Read more
The Centre has notified a fact-checking unit to flag ‘misinformation’ about the government, with powers to issue directives. The Supreme Court has stayed the notification to verify ... Read more
Income and wealth inequality in India are at a historical peak with the share of the richest 1% higher than in countries like China and Brazil, finds a new study by the World Inequ ... Read more
Earlier this week, Zomato launched a pure vegetarian fleet, which would deliver orders from vegetarian restaurants. But many people have expressed concerns. Among other things, the ... Read more
In a surprise move, the government brought in a new EV policy on Friday slashing import duties on electric cars to 15% just before the Model Code of Conduct came into force. Read more
