'Startups seek tech solutions to colossal food waste'

Startups and venture capital are pouring into what might seem an unlikely place: India’s vast, outdated agriculture industry. Seizing on controversial new deregulation, entrepreneurs are selling farmers apps to connect them to big buyers nationwide and using artificial intelligence (AI) to improve the rickety supply chains that lose one-fourth of India’s produce to wastage.

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Tax collection shouldn’t trouble anyone, says PM Modi

Prime Minister Narendra Modi on Wednesday said tax administration should be such that collections should not cause difficulties to anyone and individuals should realise the impact of their contribution when money reaches them.

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YouTube back after facing worldwide outage

YouTube, owned by Alphabet Inc's Google, said late on Wednesday it had fixed a glitch that led to a worldwide outage of the video-streaming service. DownDetector.com, a website which monitors outages, showed nearly 286,000 incidents of people reporting issues with the service.

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Incentives of Rs 1.5L cr for mfg in 10 sectors

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Joe Biden's 'atmanirbhar' USA may stick to old trade tricks

For all the bonhomie between Prime Minister Narendra Modi and Donald Trump, one area where India and the US failed to bridge the rift was trade. Experts believe that life isn’t going to change drastically for India under Joe Biden. After all, his stance on business and trade is similar to the current position.

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Benami 5 crore deposited in Bineesh’s accounts in 7 years: ED

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Future Group takes Amazon to court over Reliance deal

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Debt MFs must invest 10% in liquid assets, says Sebi

In a ruling that will impact most debt funds, markets regulator Sebi has mandated that these schemes hold at least 10% of their assets in liquid instruments like cash, government securities (G-Secs), treasury bills and repo on G-Secs.

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24 cos, including Tata & RIL, pledge to be ‘carbon neutral’

Joining hands with the government to take India towards the path of lower greehouse gas emissions, as many as 24 top private companies including Tata, Reliance, Mahindra, ITC, ACC, Adani and Dalmia Cement on Thursday signed a declaration on climate change by voluntarily pledging to move towards ‘carbon neutrality’.

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PM seeks long-term investments from top global funds

Prime Minister Narendra Modi on Thursday pitched India as a lucrative investment destination, which was not just open for business but ready to contribute to global growth.

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More mediclaim buyers use EMIs to buy policies

Non-life insurers are seeing rising demand for health policies under the equated monthly instalment (EMI) option. Insurers attribute this to reduced affordability due to a fall in income and job losses, even as the need for a cover has gone up due to the pandemic.

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Saudi reforms its 'kafala' system for foreign workers

Saudi Arabia on Wednesday announced reforms to its controversial "kafala" or "sponsorship" system of foreign workers' visa that human rights groups say is a form of indentured servitude.

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87% companies plan to hike salaries in 2021: Survey

Employees have a reason to cheer as 87% of companies plan to hike salaries in 2021 as compared to 71% this year, as India Inc bets on a speedy recovery. And, among the organisations that plan to increase salaries, more than 60% intend to offer hikes of between 5% and 10%.

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Recovery is better than estimates: Eco affairs secy

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D-St may see short-term volatility over US polls

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UK judge rejects Nirav Modi's request to suppress witness statements

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PMC Bank seeks investors, may convert to small finance bank

Reserve Bank of India-appointed administrator of Punjab and Maharashtra Cooperative (PMC) Bank has come up with a revival strategy where private investors can take over and convert the failed cooperative into a small finance bank. Potential investors have to submit their expressions of interest (EoI) by December 15, 2020.

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Modi to meet 20 top global fund houses

From top Japanese and Australian funds to those from Europe and the US, PM Modi will sell the India story to 20 global giants, with combined assets of $6 trillion, and pitch for long-term investments. The PM is scheduled to hold a round table with the CEOs and chief investment officers of top fund houses — ranging from Australian Super and Future Fund to Japan Post Bank and Ontario Pension — on Thursday.

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Companies restore salaries, give Diwali bonuses

The festival of lights has ushered joy into people’s lives with some companies doling out Diwali bonuses. Employers are also restoring salary levels wherever cuts were taken, and some others are advancing their appraisal cycles. Companies like Voltas and Vijay Sales have given Diwali bonuses to their employees, while Urban Company has advanced its appraisal cycle.

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Singapore to stop printing S$1,000 banknotes

Singapore will stop printing S$1,000 banknotes from Jan. 1 next year, its central bank said on Tuesday, to curb the risk of them being used for money laundering and to finance terrorism.

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