'Whether I am optimistic or pessimistic is not the issue; I am just going by the evidence available.' 'The Indian economy and financial sector are now well-placed and very resilient in dealing with any kind of spillover coming from the external world.'

The Supreme Court on Thursday exercised its extraordinary constitutional powers and ordered the liquidation of grounded air carrier Jet Airways' assets. A bench of Chief Justice D Y Chandrachud and Justices J B Pardiwala and Manoj Misra set aside the National Company Law Appellate Tribunal (NCLAT) decision upholding the resolution plan of Jet Airways and approved the transfer of its ownership to Jalan Kalrock Consortium (JKC).

In response to the Supreme Court's (SC's) strong stance on unchecked environmental violations, the Ministry of Environment, Forest, and Climate Change (MoEFCC) has introduced new rules for conducting inquiries and imposing penalties on polluters. The updated rules outline key factors to consider when determining the penalties' scale. Adjudicating officers are instructed to assess elements such as the project's location and size, the industry type, and the specific nature of the violation.

More than five years ago on an April evening, cash-starved Jet Airways announced temporary grounding of operations after flying as a full service airline for 25 years. Since then, more than 20,000 jobs and money worth thousands of crores owed to lenders, vendors and passengers evaporated while awaiting an insolvency resolution. And today, the Supreme Court ordered the airline's liquidation, marking the formal completion of a turbulent journey into the sunset and shattering lean revival hopes.

Tata Power's Q2FY25 reported results were above consensus despite challenges like low plant availability at Mundra and Odisha discom operations affected by rain. A positive development for the power major included module manufacturing hitting nearly 100 per cent capacity utilisation. The Board has approved an investment proposal for a 1GW pumped storage project (PSP).

A Competition Commission probe has found that food delivery platforms Zomato and Swiggy indulged in unfair business practices, including alleged preferential treatment to some restaurant partners, according to sources. The detailed investigation was ordered by the Competition Commission of India (CCI) in April 2022 and the probe report was submitted to the regulator earlier this year. Under the norms, CCI director general's report has been shared with the parties concerned and later, they will be called for hearings by the watchdog.

Tata Steel is in the process of filing a curative petition in the Supreme Court in connection with the apex court ruling which said that states have the power to levy cess on mining and mineral-use activities. The petition by the steel manufacturing firm is aimed at seeking remedy to the order, passed by a 9-judge Constitution Bench of the Supreme Court on July 25. However, Tata Steel's managing director and chief executive officer T V Narendran told Business Standard that there was no demand note on the firm.

After trying to make a dent in the cola market with Campa by offering higher trade margins to the supply chain, Reliance Consumer Products is betting on the same strategy to capture the chips, namkeen, and biscuits market in the country's booming snacks sector.

The Reserve Bank of India on Monday issued an operational framework for reclassification of investment made by a foreign portfolio investor to foreign direct investment (FDI) if the entity breaches the prescribed limit. Markets regulator Sebi too has issued a circular on procedure for reclassification of FPI investment to FDI.

Vistara will be merged with Air India on Monday night, and from Tuesday onward, the Vistara flight code will change from 'UK' to 'AI2XXX'.

Sedans and hatchbacks have both lost market share to SUVs, which now account for more than 50% share of the 4 million-odd-unit PV market in the country.

'While investors need to be prepared for making some losses, they should not lose big money chasing euphoria amid fear of missing out.'

After experiencing an 11 per cent contraction in exports in 2023-24 (FY24) due to a dip in exports for 10 consecutive months from April to January, the Tiruppur textile industry is back on track in 2024-25 (FY25). The cluster, which contributes 55 per cent of the country's total knitwear exports, posted a 13 per cent increase in the first five months of this financial year (FY25), with August seeing a 22 per cent rise - the highest in over two years.

The stock of the country's largest plastic pipe maker Supreme Industries has shed 22 per cent since its highs in October. The September quarter results were below expectations as the volatility in polyvinyl chloride (PVC) resin prices led to a major destocking across the trade channel.

Dabur's performance in the July-September quarter of the current financial year (Q2FY25) was weak but in line with consensus. Consolidated revenue declined 5 per cent year-on-year (Y-o-Y) due to a temporary adjustment in General Trade (GT) inventory. Indian revenue declined 7.6 per cent, while international business grew 13 per cent Y-o-Y in constant currency (CC) terms.

Retail inflation breached the Reserve Bank's upper tolerance level, soaring to a 14-month high of 6.21 per cent in October mainly on account of rising food prices. Inflation based on the consumer price index (CPI) was 5.49 per cent in September and 4.87 per cent in the year-ago month. Retail inflation trended below the RBI's upper tolerance band of 6 per cent since September last year.

The National Institute of Design (NID) is inviting applications for Design Aptitude Test (DAT) for its Bachelor of Design (BDes) and Master of Design (MDes) programmes.

The assailants believed to be Pakistani terrorists, meticulously studied the site layout before executing their plan.

Chinese Ambassador to Pakistan Jiang Zaidong urged that the government should launch a crackdown against all anti-China terrorist groups after two deadly attacks took place in Pakistan within only six months, The Express Tribune reported.

This comes as the neighbouring country strengthens defence ties with Gulf and Western European countries, and its long-standing ally Turkiye, the officials said.

The explosion ripped through the provincial capital Quetta's railway station as passengers gathered on the platform before the scheduled departure of the Jaffar Express to Peshawar.

It pays to listen to your heart while making a career choice, feels CEO of ‘I Love Mondays’ Mala Mary Martina

Sangeet Natak Akademi awardee Himani Shivpuri on her passion for theatre and more

The self-defence programme equips girls in rural schools with an extra skill

That is why Odissi has survived for centuries, says Arushi Mudgal to PARSHATHY J. NATH

Designer Archana Rao presents her fall/winter 2016 collection at Amethyst

Eighteen students from the city are taking part in the Tournament of Champions at Yale University

Sthaayi Children’s Theatre presents an entertaining play on Children’s Day

As Chennai gears up for Margazhi magic, NAVEENA VIJAYAN discovers a thriving culture for Western contemporary music in the city

Many actresses from Kerala are making their mark in Tamil filmdom. SUBHA J RAO and SRINIVASA RAMANUJAM track the trend and speak to some of them

How the changing times has people scrambling for change

What are the best places to have this decadent dessert in the city? PRIYADARSHINI PAITANDY and RANJANI RAJENDRA find out

‘Election Atlas of India’, through photo collages and thematic maps, is a seminal ready reckoner on Lok Sabha elections

The writer takes a trip down memory lane and revisits working on the much-loved ad film, ‘Mile Sur’ It is the 75th year of India’s Independence. And time for a little nostalgia

Pappadams are a must for the grand Onam feast and units selling handmade pappadams in Thiruvananthapuram have a steady clientele

The festivities include colourful decor, fusion wear and elaborate satvik food spreads

Haldi, mehendi and sangeet have been enthusiastically borrowed by young couples to add colour, music and fun to the relatively simple Malayali wedding

The event at Women’s Christian College has choirs performing music across genres