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MPC minutes: Growth momentum needs to strengthen further, says RBI guv Premium (PTI) The growth momentum, however, needs to strengthen further for a sustained revival of the economy, he added Share Via Read Full Story Mumbai: The country’s economic growth momentum needs to strengthen further for sustained recovery, said Reserve Bank of India Governor Shaktikanta Das during the monetary policy committee meeting, according to the minutes released on Monday. “Growth, although uneven, is recov...

Firms’ ability to repay debt improves in Dec quarter A Mint analysis of Capitaline data showed that the interest coverage ratio of 324 companies in the BSE 500 index rose to an 11-quarter high of 4.46 in the December quarter, compared with 3.87 in the September quarter and 3.30 in the December quarter of the previous fiscal.Premium 4 min read Share Via Read Full Story Steady earnings growth boosted Indian companies’ ability to service debt in the December quarter despite a higher interest o...

Is Warren Buffett a stock buyer or seller? Yes. Premium (AP) Tara Lachapelle Share Via Read Full Story It was already pretty safe to say that Warren Buffett wasn’t going to get in on the overzealous GameStop Corp. buying action of late. But a regulatory filing Tuesday signaled that the famed investor is still hesitant about stocks generally, with his Berkshire Hathaway Inc. back to hoarding cash while riding out a market that’s been disjointed by a global pandemic, steep valuations and l...

Opinion | Amazon’s superhero satire ‘The Boys’ gets even wilder Superheroes find their reputations undone in a matter of retweets in ‘The Boys’.Premium Share Via Read Full Story Homelander is a superhero. He takes down terrorists, poses for movie posters and smiles from hoardings, with a stars-and-stripes cape and a distinctively Superman pose. Played by Antony Starr, he looks like Greg Kinnear if he’d been bred onsteroids, and in the second season of The Boys—a resoundingly ente...

The Texas freeze: Why the power grid failed Premium AUSTIN, TEXAS - FEBRUARY 19: Electric power lines run through a neighborhood on February 19, 2021 in Austin, Texas. Amid days of nationwide frigid winter storms in which 58 people died, more than 4 million Texans were without power for much of the past week, with about 13 million Texans being forced to boil tap water in the aftermath of the strain on infrastructure. Joe Raedle/Getty Images/AFP == FOR NEWSPAPERS, INTERNET, TELCOS & TELEVISION...

Activists say the BJP is using laws framed during the Congress era to crack down on civil society

An evergreening exercise that has gone unnoticed for too long Premium Prasanna Tantri Regulators must turn their attention to the indirect evergreening of loans before these swell to levels that threaten stability Share Via Read Full Story With the recent union budget proposing a bad bank to clean up bank NPAs, the issue of evergreening by banks has come to the fore. The evergreening of loans is a well-known exercise, in which banks revive a loan on the verge of default by granting further loan...

Britain has had Europe’s deadliest coronavirus outbreak, with more than 120,000 deaths

That US Treasury yields rose despite the Fed’s no-taper promise suggests a return of inflation fears

‘GMP certificate for coronil doesn’t guarantee its efficacy’ Patanjali’s Coronil certification doesn’t guarantee efficacy in Covid cure: Govt (PTI) Share Via Read Full Story New Delhi: The Ayush ministry on Monday said Patanjali’s good manufacturing practices (GMP) certificate does not vouch for the efficacy of the drug for any disease condition. The clarification comes a day after the World Health Organization (WHO) said in a tweet that it had not reviewed or certified any traditi...