CATEGORIES

'Dreamers' make emergency plans as Trump vows to deport millions

President-elect Trump, who dismantled the DACA program during his first term, recently expressed a willingness to help this group of immigrants stay. \"We have to do something about the Dreamers because these are people that have been brought here at a very young age,\" the president-elect said on NBC's \"Meet the Press\" this month.

Akasa Air fined ₹10 lakh by DGCA

The civil aviation regulator, directorate general of civil aviation (DGCA) on Tuesday imposed a fine of ₹10 lakh on Akasa Air for refusing boarding to seven passengers on a Bengaluru-Pune flight.

Guidelines on pesky calls next month

The consumer affairs ministry will release guidelines next month to tackle unsolicited commercial communications or pesky calls, a senior government official said on Tuesday.

Office space leasing up 14% in top 6 cities

Office space demand remained strong this year with gross leasing of workspace rising 14% to a record 66.4 million sq. ft across six major cities, according to Colliers India.

India to fund 33 development projects in Sri Lanka

India is to provide ₹237.1 crore to Sri Lanka for 33 development projects in education, health and agriculture sectors in the eastern province.

Lokpal calls Buch, Moitra for hearing on corruption charge

Ombudsman is hearing complaints filed on basis of Hindenburg Research report

Samsung plans to re-enter ACs market

Samsung India is planning a comeback into the residential air conditioner (AC) market, which witnessed unprecedented sales growth in summer this year.

The 'invisible wall' amplifying China's population doom loop

China still has more left-behind children than any country in the world, 67 million in 2020, official data shows

Smartphone makers are embracing digital detox to fight screen addiction

A study by Vivo found parents spend 5.5 hours and children about 4.5 hours on their phones each day

Gen AI, data centres march into 2025

Stakeholders are gearing up for a boom amid expectations of easing inflation concerns in West, and government's boost to domestic R&D expenditure

Pre-IPO rounds revive late-stage funding

There was an improvement in both the number and average ticket size of Series D stage and above deals in 2024 versus the year before

Edtech's focus on profits, new niches sparks renewed investor optimism

Early-stage funding more than tripled to $303.2 million this year, from $100.7 million in 2023

Airlines see 12% growth in domestic passengers

Indian airlines carried 14.2 million passengers on the domestic routes in November, up nearly 12% compared to a year earlier, amid rising air traffic demand.

Xmas fails to cheer up 2024 box office

Theatres are banking on Pushpa 2, and animation flick Mufasa to carry them through the festive period

Southern films shine in 2024 led by Malayalam, Tamil hits

South Indian cinema sees 10-15% revenue growth as Hindi films struggle at the box office

Santa skips D-Street, Dec poised to be second worst in a decade

Serv Pvt. Ltd, attributed the December drop to profit-booking, a shift in sector preferences toward IPOs, and a pullback by foreign portfolio investors (FPIs) in anticipation of a stronger dollar and a weaker rupee.

Deloitte, 2 former partners penalized over audit lapses

The action stems from Deloitte's alleged failure to identify & report irregularities related to a ZEE FD in Yes Bank

Prez Biden to rule on Nippon Steel's $15 billion US Steel bid

Letting Nippon Steel take over US Steel may lead to lower domestic steel output, says CFIUS

Hurt by imports, steelmakers eye safeguard duty

The temporary measure, likely in the last quarter of FY25, will protect domestic firms from cheap imports

Poly Medicure to focus on medical devices exports

Indian medical equipment manufacturer Poly Medicure Ltd. will continue to focus on export markets amid rising demand in the United States and as global economies look to diversify their supply chains away from China, a top company official said.

Key indicators show Q3 recovery, says RBI bulletin

Growth trajectory is poised to lift in H2 of 2024-25 driven by resilient domestic private consumption demand

Rupee falls 4p to close at a new low of 85.15 to a dollar

The rupee extended the slide for the second straight session and depreciated 4 paise to settle at a fresh all-time low of 85.15 against the US dollar on Tuesday, dragged by a strong greenback against major crosses overseas and subdued domestic equities.

China eyes record debt issuance next year to ramp up stimulus

Chinese authorities have agreed to issue 3 trillion yuan ($411 billion) worth of special treasury bonds next year, two sources said, which would be the highest on record, as Beijing ramps up fiscal stimulus to revive a faltering economy.

Rising third-party mix, capex boost outlook for JSW Infra

In recent years, JSW Infrastructure Ltd has succeeded in raising the share of third-party cargo to 48% in H1FY24 from 25% in FY21.

Number of non-farm firms rises 13% to 73 mn: Govt

The number of non-farm firms in the country comprising proprietorships, partnerships and self-help groups increased 12.84% to 73.4 million, the Union statistics ministry said, citing an annual survey of enterprises other than companies for the period October 2023 to September 2024.

Why IRCTC can't earn a 'buy'

Slowing speed

Persistent, CoRover.ai partner for GenAI integration

T services firm Persistent Systems has partnered with artificial intelligence (AI) services provider CoRover to drive innovation in the field of multilingual conversational platforms powered by Generative AI (GenAI).

Trump's TikTok love raises doubt on ban plan

resident-elect Donald Trump's repeated support for TikTok has sparked speculation about potential solutions to prevent the app's impending ban in the US, though the path forward remains unclear.

A looming threat to bitcoin investors: Risk of a quantum-computing hack

A study estimated that a quantum hack of bitcoin would cause more than $3 trillion in losses in crypto, other markets

India's push for own satellite constellation draws 30 firms

Thirty Indian companies have answered the space regulator's call to build and operate constellations of Earth observation (EO) satellites in a private-public partnership to reduce the country's reliance on foreign data for defence, infrastructure management and other critical mapping needs.