CATEGORIES

Rupee decline drives forward premium rates

As a part of its exchange rate management measure, RBI has been using other tools like active intervention in the NDF market and conducting mid-tenor buy/sell swaps, selling dollars for a future maturity, thus leaving rupee liquidity and forex reserves partly unaffected.

Poverty below 5%: Report

\"ENHANCED PHYSICAL INFRASTRUCTURE is scripting a new story in rural mobility. One of the reasons for the increasingly shrinking horizontal income gap between rural and urban and the vertical income gap within rural income classes,\" said the SBI Research report.

Banks cut down on short-term bonds

AMID TIGHT LIQUIDITY conditions in the banking system, banks have cut down on their investments in short-term government bonds, according to dealers.

A new route from Delhi to Chandigarh

DELHI TO Chandigarh is a painful road trip, isn't it, with its unending traffic jams and construction at Kundli, Panipat and Ambala?

Creta EV to run into strong rivals at launch

● It's Hyundai's third electric car after Kona EV and Ioniq 5

Claim HRA, home loan relief if working in different cities

● I stay on rent and have purchased a flat in my home town. Can I claim both HRA and tax deduction on the interest paid for the home loan?

Accelerating adoption of zero-emission trucking

TRANSPORT SECTOR contributes 8.4% of total emissions in India, with freight transport, dominated by heavy-duty trucks, playing a major role. Trucks represent just 3% of vehicle fleet, yet emit 53% particulate matter. With truck sales projected to grow sixfold to 69 million by 2070-71, addressing freight-related emissions is critical.

Keep equities at 60%, fixed income at 40%

● Stick to SIPs, STPs to avoid market timing risks

Preparing for Trump 2.0

India needs a proper strategy to respond to the US President-elect's threats on tariffs

Electric hype, hidden costs

INDIA MUST EMBRACE A BROADER, MORE INCLUSIVE VISION OF CLEAN MOBILITY

Trump and crypto flip-flops

Regulators must hold their ground, resisting the call of deregulation and ensuring crypto's integration into the financial system is guided by prudence, not populism

Why Mark Zuckerberg No Longer Needs Nick Clegg

DURING THE 2010 UK election campaign, Nick Clegg, the leader of the Liberal Democrats, demonstrated the qualities his future boss, Mark Zuckerberg, would later need desperately.

A $24-billion fund puts its religious stamp on corporate America

JIM LAKE, A devout Christian in Washington state, said his religious beliefs have always made him opposed to practices such as abortion, transgender transitions, or embryonic stem cell research. But until this past year, it didn't cross the retiree's mind that he could put his money to work with his faith.

Mercedes, Toyota Building Super-Hybrids

The Mercedes GLC 350e offers four zones of climate control and its headlights project icons onto the pavement—such as a pedestrian—to warn of coming hazards.

China's central bank likely to cut rates this year

POLITBURO LAST MONTH EASED THE NATION'S MONETARY POLICY STANCE FOR THE FIRST TIME IN 14 YEARS

Biden blocks US Steel takeover bid by Nippon

PRESIDENT JOE BIDEN has blocked the $14.1-billion sale of United States Steel to Nippon Steel, killing a high-profile deal that sparked a political firestorm and tensions between the US and Japan.

Boeing Still Needs Culture Change: FAA

A year after a panel blew out of a Boeing 737 Max during flight, the nation's top aviation regulator says the company needs \"a fundamental cultural shift\" to put safety and quality above profits.

US car sales get boost

TOUGH TIMES AHEAD

Kotak Bank's Nagnur Steps Down as COO, CTO

KOTAK MAHINDRA BANK'S chief operating officer (COO) and chief technology officer (CTO) Milind Nagnur has stepped down due to personal reasons, the bank said in an exchange filing on Friday.

JM Fin gets Sebi warning over lapses; stock falls

The Securities and Exchange Board of India (Sebi) has issued JM Financial an administrative warning over regulatory non-compliance during the initial public offering (IPO) of its client, Western Carrier (India).

Forex reserves drop to eight-month low

INDIA'S FOREIGN EXCHANGE reserves fell for the fourth consecutive week and stood at an eight-month low of $640.28 billion, as of December 27, data from the Reserve Bank of India showed on Friday.

Weakening Rupee Will Benefit Export-Oriented Firms: Mobius

WHILE A WEAKENING rupee is a dampener for foreign investment inflows into India, export-oriented companies could benefit from the fall in the local currency, as they become more competitive against China, Mark Mobius, chairman of Mobius Emerging Opportunities Fund, said on Friday.

Banks post strong growth in advances, deposits in Q3

Festival-Led Demand Drives Growth

Unlisted shares on a high with rising investor interest

WITH INTEREST IN the unlisted space growing, several smaller firms are deploying innovative ways to tap small investors.

Bajaj Housing Finance stock may drop 21%: Kotak report

Initiates coverage with 'sell' rating; target price at ₹100

Papa John's Plans India Re-entry After Delays

US PIZZA CHAIN Papa John's International plans to make its return to the Indian market in 2025, a year later than planned, while many Western brands rethink their plans as inflation hits consumer spending.

After quitting as Easy Trip CEO, Pitti says no further stake sale

NISHANT PITTI, WHO stepped down as the CEO of Easy Trip Planners on January 1, has said that he will not be selling any more stake in the company.

DigiLocker Glitch Sparks Backup Demand

The DigiLocker outage, which disrupted e-KYC processes for fintech firms, brokers, and other businesses, has led to calls from companies and tech experts to improve the resilience of digital public infrastructure (DPI) to avoid similar issues in the future.

Zomato & Swiggy May Continue ₹10 Fee After Festivities

Zomato and Swiggy are likely to continue charging customers the increased platform fee of ₹10 per order even after the festive season ends, sources aware of the matter told FE.

Tata Elxsi joins Qualcomm for future mobility

TATA ELXSI PLANS to collaborate with Qualcomm Technologies to develop and leverage virtual models of Snapdragon Digital Chassis solutions for cloud-native application development.