
The global digital payment network Mastercard is betting big on India.

The global digital payment network Mastercard is betting big on India.

Gold-crazy Indians don’t really need a reason to buy the precious metal. But those looking for one, are likely to head to their local jeweller today (May 07) on the occasion of Akshaya Tritiya—considered auspicious for buying gold.

Travelling from the forested region of Wayanad in Kerala towards the northeast of the southern Indian state is breathtakingly scenic. But just before entering the coastal city of Kozhikode, something about the nondescript highway hits with a jolt.

As the much-awaited shareholders’ meeting of Berkshire Hathaway drew to a close on May 04 (Saturday) speculations are rife once again that the India-born Ajit Jain may succeed the legendary investor Warren Buffett as chief of the $530 billion (Rs36.74 lakh crore) firm.

Could buying insurance against job loss have helped the 20,000 Jet Airways employees deep in trouble in the wake of the airline’s grounding? It is a question that hangs in the air.

India’s on an election high—but not its liquor makers.

A cashless India may still be a distant dream, but if it does come true, one entity would have spearheaded the mission: the National Payments Corporation of India (NPCI).

India is in the throes of jobless growth with unemployment reportedly touching a 45-year high in the financial year 2018. The situation is particularly distressing in Kerala, a state in southern India, which is otherwise known for its high literacy rates.

The debt that Jet Airways owes banks is only the tip of a giant iceberg given what it owes to other creditors. And that may jeopardise its sale.

India produces 26,000 tonnes of plastic waste every day. The problem balloons during elections as political parties extensively use plastic posters and banners to campaign.

The air conditioner is on full blast in this small room, measuring barely 150 square feet. Six televisions have been set up, all tuned to news channels on mute. Sitting behind long tables, covered with white cloth, are six workers glued to their laptop screen.

Hectic campaigning for the third phase of Indian parliamentary elections has ended. Tomorrow (April 23) people across 14 states and union territories will head out to vote. Of the 116 seats up for grabs, Thiruvananthapuram, the capital of the southern Indian state of Kerala, is expected to have a nail-biting finish.

For all of its standout social development indicators, the southern Indian state of Kerala is going to polls roiled by a deeply religious issue this time.

The southern Indian state of Kerala is still recovering from the multiple convulsions of last year.

Nestled in the Western Ghat mountains, an otherwise sleepy Wayanad has been abuzz over the past few weeks.

A week before it votes in the national elections, India’s last communist bastion seems consumed by religion.

India launched a battle against the scourge of black money in political funding when, in 2017, it introduced a scheme called electoral bonds. Two years down the line, though, the problem persists.

Over 15 years ago, India shifted from paper ballots to electronic voting machines (EVMs) for all national and regional elections. However, just a few weeks ahead of this year’s Lok Sabha polls, the election commission of India (ECI) came close to returning to paper and stamps in one small constituency.

Goldman Sachs, in addition to running one of the world’s storied investment banks, is also an avid investor in financial startups. As venture capital money pours into the sector and valuations climb, the bank thinks there are bargains among the companies that don’t make the headlines.

A clutch of Indian lenders are now firmly in control of the country’s oldest private airline, Jet Airways. But they need to move fast to protect their investment, which is swiftly losing altitude along with the carrier’s flagging fortunes.

Even as Google and Amazon forge ahead, a full-scale launch of its digital payments service continues to elude the Facebook-owned instant messaging service WhatsApp.

It may be a hard-to-swallow truth for Naresh Goyal, but investors are jubilant about his exit from Jet Airways—the Mumbai-based private airline he has run for 27 years.

An eleventh-hour bailout from elder brother Mukesh Ambani may have helped him stave off a jail term, but Anil Ambani has many more battles to fight.

Leaving behind the battering it took last year, the Indian rupee has begun 2019 on a strong footing thanks to robust foreign inflows into equities.