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Sensex, Nifty fall in final session

BENCHMARK INDICES SENSEX and Nifty ended lower on the final session of 2024 on Tuesday amid persistent foreign fund outflows and weak trends in the global markets.

FPIs again turn net buyers of govt securities in Dec

AFTER TURNING NET sellers of government bonds under the fully accessible route (FAR) for the first time since India's inclusion in the JP Morgan Global Market Index - Emerging Suite in November, foreign portfolio investors (FPIs) have again turned net buyers in December.

Gold set to shine brighter in 2025

Easing interest rates and geopolitical tensions could fuel a golden rally

CCI seeks more info on charges against quick-commerce firms

THE COMPETITION COMMISSION (CCI), which has received a complaint of anti-competitive practices against quick commerce companies, is waiting for more information on the allegations from the complainant before taking a decision on the matter.

Thomas Cook reports cyberattack on IT infra

Thomas Cook (India) on Tuesday said there has been a cyberattack on its IT infrastructure and it is working with security experts to support its investigation and take remedial action.

RIL Spent $13 Billion on Acquisition in 5 Years

Reliance Industries has spent $13 billion on acquisitions in the past five years across new energy, telecom, retail, and media businesses to script a pivot away from core oil and petrochemicals business to clean energy and consumer-facing verticals.

BAA plans to open pilot training centre in India

BAA TRAINING, A global aviation training provider, is considering establishing a pilot training centre in India to capitalise on the predicted surge in air travel demand in the country.

BPCL Boosts West Asian Oil Imports

● Oil imports from Russia slipped to 1.47 mn barrels/day

Investor confidence powers semiconductor startups

SEMICONDUCTOR STARTUPS ARE riding a wave of increased investor confidence, with total funding in 2024 reaching $21.3 million, according to Tracxn.

Atul, Rahul Kirloskar to challenge Sebi order on family settlement

ENTITIES UNDER ATUL and Rahul Kirloskar's control - Kirloskar Oil Engines (KOEL), Kirloskar Industries (KIL), Kirloskar Pneumatic (KPCL), and Kirloskar Ferrous (KFL) - are gearing up for a legal battle against a Securities and Exchange Board of India (Sebi) directive.

Blinkit Launches Large Order Fleet in Delhi, Gurugram

BLINKIT, QUICK COMMERCE arm of Zomato, has launched a large order fleet in Delhi and Gurugram.

Emerging tech to spur 20% job growth in India

INDIAN IT ECOSYSTEM is poised for a promising growth trajectory in the coming years with emerging technologies expected to witness a 20% increase in new jobs in 2025, Human Resources (HR) platform FirstMeridian Business Services said on Tuesday.

IT companies set for gradual Q3 recovery with BFSI boost

• Mid-tier IT firms likely to outpace industry majors

ICAI's global networking norms restrictive: Big Five

The international networking guidelines being worked upon by the Institute of Chartered Accountants of India (ICAI) are restrictive, two partners at Big Five audit firms told FE.

World Bank's 'B-Ready' score: Report flags India's challenges

INDIA MAY FACE challenges in achieving good scores on parameters like business entry, labour regulations, and international trade in the World Bank's Business Ready report, according to think tank GTRI.

Capacity of wheat silos to triple in three years

THE GOVERNMENT IS aiming to build 9 million tonne (MT) of wheat silos capacities over the next three years, from a current level of 2.8 MT of state-of-the-art grain storage facilities.

Revised standards for organic products soon

India will soon unveil updated standards for organic agricultural products to bring them at par with the latest European Union’s (EU) grade to bring in more clarity and transparency in the processes while strengthening the regulatory oversight through data analytics, a senior official said.

GTRI: Exports cross $800 billion in 2024

INDIA'S OVERALL EXPORTS in calendar year 2024 likely touched $814 billion, growing at 5.58% year-on-year, according to a report by trade policy think tank Global Trade Research Initiative (GTRI).

Govt firms up plan to widen ambit of quality control for steel

1,000 more grades to be brought under BIS standards; move will check imports too

Coal stocks at thermal units improve to 72%

COAL STOCKS AT the country's thermal power plants improved to 72% of the normative level as of December 30, compared to just 58% in the same period of last year, data from the Central Electricity Authority showed.

Core sector growth in Nov at four-month high of 4.3%

Economists expect overall industrial growth to be 5-7%

Centre's Fiscal Deficit in Apr-Nov at 52.5% of BE

● Capex down 12.3%, FY25 target may be missed

Bears gain ground, bulls sober up

EARLY IN THE year a fund manager, with over three decades in the Indian stock market, lamented the art of stock picking had no value in today's market.

Three shots that sank India in fourth Test

\"AAJ KAYA pehlewaala? (Today's or the previous one?),\" Rohit Sharma queried when a question was asked about Rishabh Pant's shot in the final session on the final day that changed the game, even as India plunged to a 184-run defeat to Australia, bundled for 155 chasing 339 in the fourth innings at Melbourne.

AI-based warfare, cyberattacks pose big challenge, says Rajnath

DEFENCE MINISTER RAJNATH Singh said on Monday that unconventional methods like Artificial Intelligence-based warfare and cyberattacks pose a big challenge.

₹18,000 a month for priests, granthis if AAP wins: Kejriwal

WITH AN EYE on Delhi's Pandit and Sikh voters, Aam Aadmi Party (AAP) national convenor Arvind Kejriwal Monday announced his fifth poll promise -- ₹18,000 a month to all pandits and pujaris working in temples and granthis in gurdwaras across the city if the party returns to power in the Assembly election next year.

Isro's PSLV-C60 lifts off with SpaDeX spacecraft

ISRO's PSLV-C60 rocket carrying two spacecraft that would aid in demonstration of space docking, a critical technology for future space missions, lifted off from the spaceport here late on Monday.

Mamata's Sandeshkhali outreach: Don't pay anyone for state benefits

ON HER FIRST visit to Sandeshkhali since protests erupted over alleged land grabbing and sexual harassment of women by local TMC leaders, West Bengal CM Mamata Banerjee on Monday asked its residents not to pay anyone to avail benefits of state-run schemes.

Adani Group to Sell Stake in Wilmar JV, to Fetch $2 Billion

The exit will take place in two phases. Lence will buy 31.06% stake held by ACL through a call and put option, while Adani Enterprises will divest 13% of its shareholding to ensure compliance with the minimum public shareholding norms.

Medium-Term Outlook Uncertain: RBI

India's GDP growth fell to a seven-quarter low of 5.4% in Q2 FY25.