Auction sales fall 6% in the first half, raising fears for art market
Ups and Downs by KAWS, estimated£30000-£50000, on display during a preview at the Phillips showroom in central London, ahead of their forthcoming Evening and Day Editions auction. Picture date: Friday January 17, 2025. (Photo by Ian West/PA Images via Getty Images) Ian West – Pa Images | Pa Images | Getty Images A version of this article first appeared in
Sona Comstar AGM row: Company rejects late Sunjay Kapur’s mother Rani Kapur’s deferment plea, cites ‘not on record as shareholder since 2019’
Amid a brewing ownership dispute at Sona BLW Precision Forgings (Sona Comstar) following the sudden death of its chairman Sunjay Kapur, the company on Friday said it went ahead with its Annual General Meeting (AGM) in full compliance with legal and regulatory requirements, despite a request for postponement by Rani Kapur, the mother of the late chairman.Mother alleges attempts to
Sudden deaths caused by health issues, genetic link not Covid vax: JP Nadda
Covid-19 vaccination did not increase the risk of sudden deaths, said Union Health Minister JP Nadda in the Parliament on Friday. Speaking in the Lok Sabha during the ongoing Monsoon session, Nadda noted the role of underlying health issues, as well as genetic links behind the rising unexplained deaths in the country. “Covid-19 vaccination does not appear to increase
Pension scheme milestone: Atal Pension Yojana enrolments cross 8 crore mark, adds 39 lakh subscribers in FY26
The Atal Pension Yojana (APY), the Centre’s flagship social security scheme aimed at unorganised sector workers, has surpassed 8 crore total gross enrolments, the Finance Ministry said on Friday. The scheme added 39 lakh new subscribers in the current financial year so far, marking a significant expansion in its outreach.Launched on May 9, 2015, and administered by the Pension Fund
India’s UK trade deal skips carbon tax exemption, hits steel and aluminium exports: GTRI
India was unable to secure a carve-out from the UK’s upcoming carbon tax regime under the newly signed Free Trade Agreement (FTA), a shortcoming that could hurt Indian exports of carbon-intensive products such as steel and aluminium from 2027, according to think tank Global Trade Research Initiative (GTRI).The UK government plans to implement its Carbon Border Adjustment Mechanism (CBAM) starting
Narendra Modi becomes 2nd-longest serving Prime Minister of India; breaks Indira Gandhi’s record
Prime Minister Narendra Modi has achieved another political milestone as he has become the second-largest serving PM of India in consecutive terms after Indira Gandhi. Modi took oath as Prime Minister for the first time on May 26, 2014, and has served a total of 11 years and 60 days in office to date. While Gandhi had served for 11
Vice Presidential Election: EC appoints Rajya Sabha Secretary General as Returning Officer
The Election Commission of India (ECI) on Friday announced the appointment of Rajya Sabha Secretary General PC Mody as the Returning Officer (RO) for the election to the office of Vice President. “The Election Commission, in consultation with the Ministry of Law and Justice and with the consent of the Deputy Chairman of Rajya Sabha, has appointed the Secretary General,
‘Made to sign documents under coercion…’: Late Sunjay Kapur’s mother Rani Kapur writes to Sona Comstar board; calls son’s death ‘sudden and suspicious’
Rani Kapur has described her son late Sunjay Kapur’s passing as “sudden and suspicious”. Rani Kapur, late Sunjay Kapur’s mother, has written to Sona Comstar’s board and shareholders, asking for the company’s AGM to be postponed in the light of her son’s death. She has also raised concerns on the circumstances leading to Sunjay Kapur’s death last month, according to
Intel’s foundry future depends on securing a customer for next-gen chipmaking tech
Intel had roughly $100 billion of chipmaking equipment as of June 28 [File] | Photo Credit: REUTERS Intel warned investors on Thursday that it may have to get out of the chip manufacturing business if it does not land external customers to make chips in its factories. New CEO Lip-Bu Tan said on Thursday the company’s engineers were busy working
Paramount and Skydance merger approved by FCC: $8 billion deal ends months of turmoil
U.S. Federal regulators on Thursday approved Paramount’s $8 billion merger with Skydance, clearing the way to close a deal that combined Hollywood glitz with political intrigue. The stamp of approval from the Federal Communications Commission comes after months of turmoil revolving around U.S. President Donald Trump’s legal battle with “60 Minutes,” the crown jewel of Paramount-owned broadcast network CBS. With
India-U.K. FTA to stimulate innovation, ease market access, foster investment, says Sunil Bharti Mittal
Prime Minister Narendra Modi shakes hands with his British counterpart Keir Starmer after Britain’s Secretary of State for Business and Trade, Jonathan Reynolds and Union Minister Piyush Goyal signed a free trade agreement, at Chequers Estate, in U.K.. (X/@narendramodi) The India-UK Free Trade Agreement (FTA) signed on Thursday (July 25, 2025) establishes a modern, forward-looking partnership that would stimulate innovation,
AI, IoT, robotics, big data analytics driving shift toward smart factories, says Aveva
Aveva Group Limited. File | Photo Credit: aveva.com As Indian enterprises embrace the fourth industrial revolution (Industry 4.0), industrial intelligence—the convergence of AI, IoT, robotics, and big data analytics—is driving a profound shift toward smart factories, optimised operations, and resilient supply chains, said Aveva, which provides industrial software and is part of the Schneider Electric Group. The company said it
No more beef over beef: Australia to finally take a bite of American meat; ‘we are going to sell so much’ says Donald Trump
Australians will be finally biting onto American meet burgers and steaks as Canberra has decided to remove the trade barriers obstructing US meat’s way into the country.US President Donald Trump on Thursday (local time) hailed Australia’s decision to lift a decades-long ban on American beef as a “historic win” and proof that US produce is the “safest and best in
‘Confident India will get special treatment…’: Piyush Goyal says trade deal talks with US making ‘fantastic’ progress; ‘important to…’
India has hardened its stance on opening its agriculture and dairy sector – a consistent stand in all its trade deals so far. (AI image) India-US trade deal negotiations are making ‘fantastic’ progress according to Commerce Minister Piyush Goyal. His statement comes days ahead of US President Donald Trump’s reciprocal tariff deadline of August 1. Both India and the US
FCC approves $8 billion Paramount-Skydance merger
The Paramount Global headquarters in New York, US, on Tuesday, Aug. 27, 2024. Yuki Iwamura | Bloomberg | Getty Images The Federal Communications Commission cleared the way Thursday for an $8 billion merger between Paramount and Skydance Media. The deal, which was announced more than a year ago, includes the CBS broadcast television network, Paramount Pictures and the Nickelodeon channel.
American Airlines 2Q 2025 earnings
American Airlines shares slumped close to 10% Thursday after the carrier’s third-quarter profit forecast fell short of Wall Street’s expectations and the airline reinstated its 2025 financial forecast well below its outlook at the start of the year. CEO Robert Isom told CNBC’s “Squawk Box” that the results are driven by consumer weakness, flat corporate travel demand that continued into
NFL, ESPN closing in on equity ownership deal
Key Points The NFL is closing in on a deal to take a minority stake of up to 10% in ESPN, according to people familiar with the matter, potentially tying together two powerhouse brands in sports. The discussions are ongoing, and it’s possible the final deal may arrive at a smaller stake, according to the people. ESPN would own all of NFL
8th Pay Commission: What is the fitment factor; how it may impact salary hike of central government employees
8th Pay Commission news: As the central government has begun consultations with key stakeholders, including the Ministry of Defence, Ministry of Home Affairs, Department of Personnel and Training, and state governments, as part of the process to constitute the 8th Central Pay Commission (CPC) to revise pay structures for nearly 50 lakh central government employees and 62 lakh pensioners, attention
Microcap stocks defy market: 50 stocks rise over 200% amid selloff; analysts caution over poor earnings, bubble risk
Even as benchmark indices have struggled since the September 2024 selloff, a clutch of little-known microcap and penny stocks have delivered blockbuster returns, with at least 50 companies gaining over 200%—and some surging by as much as 5,500%, according to an Economic Times report.Leading the list is RRP Semiconductor, a Maharashtra-based firm whose shares skyrocketed from Rs 50.6 to Rs
India-UK FTA is a boon to Indian textile industry
The India-UK FTA is likely to boost the already growing exports of ready-made garment At a time when tariff talks with the US are hanging in the balance, the Free Trade Agreement (FTA), signed on Thursday, with the UK is a boon for India’s textile industry. The UK is a global fashion hub and the world’s fifth largest garment importer.
IRDAI moots internal insurance ombudsman mechanism for complaints in upto ₹50 lakh claims
Insurance regulator IRDAI is proposing an internal ombudsman mechanism in insurance companies to address complaints involving claims up to ₹50 lakh. It will applicable to all insurers, except reinsurers, who have been in operation for more than three years. The objective is to set up an independent and impartial review mechanism within insurers to address unresolved or escalated complaints
Pass on benefits of import duty cuts in edible to consumers: Minister to industries
Employees fill plastic bottles with edible oil at an oil refinery plant in Mundra. File | Photo Credit: REUTERS Union Food Minister Pralhad Joshi has asked edible oil industry to be prompt on passing the benefits of duty reduction on crude edible oils to consumers to ensure that consumers experience a corresponding decrease in retail prices. He was addressing a
UK to provide 1,800 visas annually for yoga instructors, classical musicians and chefs, among others
File picture: Professionals deployed on contracts such as architects, engineers, chefs, yoga instructors, and musicians, will benefit from simplified visa procedures and liberalised entry categories, making it easier for talent to work in the UK | Photo Credit: RAO GN The Free Trade Agreement (FTA) between India and the UK will enable India’s professionals to work in 35 UK sectors
McDonald’s to test drinks inspired by CosMc’s
Something Bold (and Delicious) is Brewing at McDonald’s: A First Sip into the Future of Beverages Courtesy: McDonald’s McDonald’s said Thursday it is planning to test new coffee drinks, refreshers and flavored sodas at more than 500 restaurants later this summer, hoping to cash in on younger consumers’ love for fun, colorful drinks. “We’re seeing real momentum in beverages, with
Eli Manning invests in sports equipment maker XTech
Two-time Super Bowl MVP Eli Manning may have hung up his shoulder pads, but he’s still taking interest in the gear. The former New York Giants quarterback on Thursday announced he has invested in sports protective equipment maker XTech. Manning, who wore XTech shoulder pads during his playing days, said he took a stake in the company because he believes