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Posted in Economy

RBI finds cash demand harder to predict as digital payments grow

Kolkata: The Reserve Bank of India is facing a challenge in predicting the future demand for currency notes as the currency in circulation has been…

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Milky Mist tetra pack shakes are on display for sale inside its outlet in Bengaluru. (REUTERS)
Posted in Business

Milky Mist jumps 30% in market debut, hits $1.5 billion valuation

Temasek-backed Milky Mist Dairy Food rose roughly 30% in its Indian trading debut on Tuesday as investors bet on growing demand for value-added dairy products…

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China's Lumos eyes fresh funding, potential listing as factory robot sales grow
Posted in Startups

China’s Lumos eyes fresh funding, potential listing as factory robot sales grow

Chinese robotics startup Lumos Robotics is considering a further fundraising round and aims to begin preparing for a possible stock-market listing next year, its founder…

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Byju’s resolution professional seeks 90-day extension to resolve insolvency
Posted in Startups

Byju’s resolution professional seeks 90-day extension to resolve insolvency

The resolution professional overseeing the insolvency proceedings of Byju’s parent Think & Learn has sought another 90 days to complete the process, which has been…

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Pharmeasy founder says failure to deleverage was key reason for debt saga
Posted in Startups

Pharmeasy founder says failure to deleverage was key reason for debt saga

Siddharth Shah, cofounder and vice chairman of API Holdings, the parent company of PharmEasy and Thyrocare, on Tuesday said the company’s biggest mistake was not…

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Banks across Tripura will remain closed on August 19 for the birth anniversary of Maharaja Bir Bikram Kishore Manikya Bahadur (Bloomberg File Photo/ Representational image)
Posted in Business

Bank holiday on August 19: Are SBI, HDFC Bank and others open tomorrow?

Banks will remain closed in Tripura on Wednesday, August 19, 2026, to mark the birth anniversary of Maharaja Bir Bikram Kishore Manikya Bahadur. Banks across…

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Posted in Economy

India weighs sugar import duty cut to curb record local prices

India, the world’s second-largest sugar producer, is considering cutting its import duty on the commodity to help curb domestic prices that recently climbed to a…

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Daron Acemoglu (X/DAcemogluMIT)
Posted in Business

The world’s most influential economist is oddly unconvincing

BY THE TIME he received the call from Stockholm, it felt overdue. In 2024 Daron Acemoglu of the Massachusetts Institute of Technology shared the Nobel…

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CMR is projecting a between 10–12% full-year decline for India’s smartphone market for 2026. (File Photo)
Posted in Business

Price hikes, more sales underline India’s smartphone shipment paradox

Even as phones become more expensive to buy, India’s smartphone shipments haven’t exactly slowed down, even though phone makers including Samsung, Vivo, Oppo and OnePlus…

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HP has walked the path of restraint with the OmniPad 12. (Vishal Mathur | HT Photo)
Posted in Business

HP OmniPad 12 brings PC gravitas to an Android tablet and convertible status quo

There is a continued conversation to be had about Android tablets which have increasingly become relevant as convertible workplace computing devices. Google may have played…

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