Wall Street’s $10 billion bet on Indian hospitals becomes a blame game among stakeholders Wall Street is betting big on India’s hospitals. Patients, meanwhile, are facing a healthcare bill that is getting bigger.Over the past five years, global investors like Blackstone, KKR, TPG and General Atlantic have spent about $10 billion buying stakes in Indian…
Airlines have scheduled 5% fewer domestic flights for the October-December quarter. (Image for representative purpose only) If you are planning to travel this festive season, airfares have just got more expensive. In fact, Indians planning to fly home this festive season or take a domestic holiday towards the end of the year may have to…
SEBI Chai also said that. “One of our biggest concerns regarding first-time retail investors is the increase in investment frauds.” Rising investment frauds are among the biggest challenges facing the Securities and Exchange Board of India (Sebi) as more retail investors enter the markets, Sebi chairman Tuhin Kanta Pandey said on Monday, while giving some…
Rate hikes, it turns out, are an unreliable instrument for managing currency pressures rooted in global risk sentiment. By Apoorva Javadekar, Chief Economist at Shriram GroupWhen the RBI’s bulletin, published ten days ahead of its October Monetary Policy meeting, carries a chart titled “Broad-Based Uptick in CPI Headline Inflation”, the direction of travel for interest…
Tata Sons chairman N Chandrasekaran Tata Sons chairman N Chandrasekaran on Monday said that India’s economy remains in a strong and stable position despite an uncertain and difficult geopolitical environment.Speaking at the Indian Foundation for Quality Management (IFQM) Symposium 2026, the chairman said that the country has consistently exceeded expectations in recent years by posting…
Rupee trades near 96 paise against US dollar mark Rupee began the week on a cautious note, struggling to move away from the 96-per-dollar level, as high crude oil prices and continued foreign fund selling keeping the currency under pressure. On Monday, rupee opened at 96.20 against the US dollar before weakening to 96.26, down…
Japan’s Nikkei rises to three month-high Japan’s Nikkei got an AI-powered boost on Monday, jumping over 2% to cross 70,000 for the first time in three months. Benchmark index Nikkei climbed 2.53% to 70,037.61 by the midday break, while the broader Topix gained 1.16% to 4,138.57.Chip-related companies emerged as the biggest drivers of Nikkei’s rise….
Honda Motorcycle & Scooter India (HMSI) logo NEW DELHI: Honda Motorcycle and Scooter India (HMSI) expects a stronger festive season than last year, but rising material costs are putting pressure on profitability, president and CEO Tsutsumu Otani told TOI.The company is seeing growth alongside an expanding motorcycle market, with dealers anticipating robust festive demand. However,…
File photo: Shaktikanta Das NEW DELHI: The Indian economy is within striking distance of 8% growth, on the back of GST and banking reforms, flexible inflation targeting, digital payments and fiscal prudence, a top PMO official said Sunday.“Many of the reforms undertaken over the past decade were not designed as one-off measures, but as strategic…
The biggest proposed change is in doing away with the power to arrest, which rests with the court instead of officials, as is the case for some offences (representative image) NEW DELHI: GST Council looks set to unveil a series of ambitious reforms that will cover the whole field of processes: from faster registration to…
