New Delhi: The Solvent Extractors’ Association of India (SEA), an industry body, on Wednesday urged its 875 members to pass on the benefit of reduced import duties to consumers and reduce the prices of packaged edible oils. The communication comes after the government’s 31 May decision to cut the basic customs duty on crude soybean,
Industry group urges edible oil makers to pass on duty cuts to consumers Read More »
A security guard outside a branch of Yes Bank in New Delhi on August 30, 2024. | Photo Credit: AINNIE ARIF/REUTERS India’s banking sector appears poised for a structural shift, entering a new era after one defined by the rise of “new” private banks such as Global Trust Bank and Yes Bank. In what could
Is SMBC’s Yes Bank Investment a Game-Changer for Indian Banking Policy? Read More »
“I am the darker brother. They send me to eat in the kitchen When company comes…” Dear reader, This is the opening stanza of “I, Too” by Langston Hughes, a prominent figure of the Harlem Renaissance. As you can see, the poem speaks powerfully about racial inequality, identity, exclusion, and, of course, resistance. Obviously, Hughes’
Thus Spake the Other | The Frontline Newsletter Read More »
(Bloomberg Opinion) — At this early point in Donald Trump’s second term as president, Marco Rubio is riding higher than many predicted. Yet he appears simultaneously to be getting weaker and hollower by the day. That raises two questions. First, what is Rubio thinking? Second, who, if anybody, actually runs the engine rooms of American diplomacy and
Marco Rubio Has Made It to the Top of a Burning World Read More »
In less than 24 hours of landing in Delhi, Chef Oriol Castro went on a spin around the city, experienced its markets, tasted local food and sat through half a dozen interviews. Yet, there was no trace of fatigue on his face. It could be because of his trademark energy, or because he was really
Disfrutar’s Chef Oriol Castro Hosts First-Ever Superclass in India Read More »
The flood situation in Arunachal Pradesh remained grim on Wednesday (June 4, 2025) with incessant rain causing fresh landslides and inundation across the state and affecting over 3,000 people in 23 districts, officials said. At least 12 people have lost their lives due to landslides and floods triggered by monsoon rain this year, while search
Incessant rain continues to batter Arunachal, flood situation grim with 3,000 affected Read More »
MUMBAI : Bengaluru-based Tessolve Semiconductor Pvt. Ltd is in talks with global private equity (PE) firms Apax Digital, TPG, and Primerica, among others, to sell a minority stake for growth capital, according to three people with knowledge of the development. The PE firms are eyeing 30-40% stake in the semiconductor services company at a valuation
TPG, Apax, Primerica eye minority stake in Tessolve Semiconductor at $300 mn valuation Read More »
The government has proposed to wind down, in phases, the World Health Organization (WHO)-established National Polio Surveillance Network (NPSN), currently a countrywide network of over 200 units. Experts in the field have commented that the move would be premature and ill-advised at this stage, with India’s neighbouring countries still harbouring cases of polio. Staff at
Government plans to wind down National Polio Surveillance Network centres in India Read More »
Zydus Lifesciences announced on Tuesday it is acquiring two biologics contract manufacturing facilities in California from US-based Agenus Inc for a total consideration of up to $125 million. The deal includes an upfront payment of $75 million, with the remaining $50 million to be paid over the following three years. The Ahmedabad-based pharmaceutical firm said
Zydus buys Agenus’ biologics plants in US for $125 mn, licenses cancer therapy Read More »
Image for representation. | Photo Credit: Reuters The Delhi police have dismantled a pan-India cybercrime syndicate involved in large-scale banking frauds, whose network was operating through multiple verticals, including fake loan call centres and an orchestrated sextortion racket. A senior police officer said the racket comprised social media profile analysts, extortion callers, and individuals impersonating
Delhi police bust pan-India cybercrime syndicate Read More »
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