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Higher bank deposit cover on the cards

THE GOVERNMENT IS \"actively considering\" a higher insurance cover for bank deposits from the ceiling of ₹5 lakh fixed less than five years ago, department of financial services (DFS) secretary M Nagaraju said on Monday.

₹2.90-lakh-cr Odisha budget focuses on agriculture, irrigation

ODISHA CHIEF MINISTER Mohan Charan Majhi on Monday presented a ₹2.90-lakh-crore state budget for FY26 with a focus on agriculture and irrigation.

AC Makers in a Fix Over Compressors as Winters Near End

Shortage of Key Component Likely to Weigh on Demand

StanChart Appoints PD Singh as CEO for India

STANDARD CHARTERED on Monday said PD Singh will assume charge as the chief executive officer (CEO) for India, effective April 1, 2025.

Wheat crop intact despite rise in temperature

Bright Prospects

FM hands over keys to Mumbai homebuyers

Finance Minister Nirmala Sitharaman on Monday handed over keys to some homebuyers in Mumbai under the special window for affordable and middle income housing (SWAMIH) fund.

Inclusion of electoral bonds in new I-T Bill raises eyebrows

EXPERTS ARE INTRIGUED by the new Income Tax Bill, 2025, retaining provisions related to electoral bonds, which were rendered unconstitutional by the Supreme Court last year, saying it could be because of legislative oversight or the government's intention to bring it back in some other form.

Udaan raises $75 million in Series G funding round

Raised at Flat Valuation

European leaders regroup for strategy huddle

French President Emmanuel Macron called leaders from key European Union nations and the United Kingdom to his ornate Elysee Palace on Monday for an emergency meeting on how to react to the US diplomatic blitz on Ukraine, which left the once rock-solid partner as a potential political liability.

UK offers peacekeeping force

IT'S \"DANGEROUS\" FOR the US and Russia to discuss the war in Ukraine without representatives from Kyiv, an aide to Ukrainian President Volodymyr Zelenskiy said.

I-T Bill: ICSI, ICMAI pitch for members as 'accountants'

APEX BODIES OF company secretaries and cost accountants have urged the government to include these professionals under the definition of 'accountant' in the Income Tax Bill, 2025.

SC unhappy over number of petitions filed on Places of Worship Act

Expressing dismay over

NTPC plans to spend ₹5.27L cr on 30 GW of nuclear power

STATE-RUN POWER COMPANY NTPC is looking to build 30 gigawatts of nuclear power capacity over the next two decades, three times more than expected, at a cost of ₹527,000 crore, three sources said.

Trai suggests granting modalities of network authorisation

TRAI ON MONDAY said the Centre should grant network authorisations under the Telecommunications Act, 2023 instead of entering into an agreement with the entity, as the regulator spelt out detailed recommendations on modalities of such network authorisations ranging from infrastructure provider to Satellite Earth Station Gateway (SESG) provider and Mobile Number Portability (MNP) provider.

India, Qatar to discuss ways to boost trade, investments

INDIA AND QATAR on Tuesday will discuss ways to further promote bilateral trade and investments.

US trade pact framework soon

● US' reciprocal tariff threat will be tackled separately: Official

Nearly 50% luxury car buyers now under 40

NEARLY ONE IN every two luxury cars sold in India is purchased by a buyer under 40, a significant drop from 50-year-olds being leading buyers a few years ago, reflecting a demographic shift in consumer profiles.

Delinquencies in microfinance sector may ease from next qtr

Banks and NBFCs have witnessed a rise in delinquencies since start of FY25

Zomato Unveils AI-Powered Customer Support Tool

Zomato on Monday launched Nugget, a no-code, AI-powered customer support platform designed for enterprises.

Google Fined for YouTube Clip Telling Russian Troops How to Surrender: TASS

A RUSSIAN COURT has fined Alphabet's Google 3.8 million roubles ($41,530) for hosting content on YouTube that included videos instructing Russian soldiers how to surrender, Russia's TASS news agency reported on Monday.

Schemes Under Export Mission in the Works

Boost to Shipments

Cost cuts behind BSNL's Q3 revival

STATE-OWNED BHARAT SANCHAR Nigam (BSNL) reported a net profit of ₹262 crore in the October-December period—the first time in 17 years—primarily due to a sharp reduction in depreciation and amortisation expenses, along with an increase in other income.

Equity indices eke out slim gains in volatile session

THE BENCHMARK INDICES snapped their eight-day losing streak on Monday, and closed with modest gains amid high volatility.

$1.4-bn tax demand won't block VW shipment, HC told

Skoda Auto Volkswagen India has been or will be stopped following a tax demand notice of $1.4 billion served on the company for allegedly providing misleading information regarding its imports, the Customs department informed the Bombay High Court on Monday.

BJP Tops Income List of National Parties: ADR Report

The BJP reported the highest income among national parties in the financial year 2023-24, declaring total earnings of ₹4,340.47 crore, according to poll rights body ADR.

Oil steady on possibility of Russia-Ukraine peace deal

OIL PRICES WERE broadly steady on Monday, as investors monitored developments over a possible Russia-Ukraine peace deal that could ease the sanctions that have disrupted energy flows, while a weaker dollar and reduced Caspian supply curbed any selling.

Time Perfect for SIP Investment, Says Buch, Lauds SBI MF's ₹250 Plan

AT A TIME when foreign investors are continuously taking money out of the Indian market, Securities and Exchange Board of India chairperson Madhabi Puri Buch citing data said that domestic institutions and retail investors come in to fill the gap when foreign flows go out due to global reasons.

Jewellers' margin set to take a hit as gold leasing rates surge

THE GOLD LEASING rates have shot up sharply as a tariff scare from the Trump administration has prompted global banks to secure the precious metal, leading to a supply crunch in India, among the top consumers of the metal.

IT firms to scale up mid-level hiring in FY26

Staffing Plans