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Why housing and urbanisation key to India's growth story
THE RATE OF growth in its urban infrastructure and homes will determine India's overall GDP growth rate.
Challenges mount for ARCs as retail bad loans swell
ASSET RECONSTRUCTION COMPANIES (ARCs) are facing new challenges with the rise of retail non-performing assets (NPAs). While ARCs have a proven track record in resolving corporate NPAs, they are finding it increasingly challenging to handle retail bad loans.
Austria heads towards coalition talks by far right after centrists fail
AUSTRIA HEADED ON Sunday towards coalition talks led by the far-right Freedom Party (FPO) after efforts to form a government without the party fell apart and prompted Chancellor Karl Nehammer to resign.
Former Greek PM Simitis dies at 88
FORMER GREEK PRIME Minister Costas Simitis, who ushered the country into the European Union's single currency in 2001, died on Sunday aged 88 at his summer house in the Peloponnese.
Ketan Parekh...
HIS LOW PROFILE in the first few years was completely in contrast with Mehta's lifestyle.
UK's Farage should quit as Reform chief: Musk
ELON MUSK SAID Nigel Farage should quit as leader of Britain's right-wing Reform UK party in an abrupt withdrawal of support by the US billionaire for the Brexit campaigner who is trying to shake up the British political establishment again.
Debt MFs May Get Tax Relief...
SEPARATELY, THE INDUSTRY has sought alignment in holding periods while calculating LTCG for gold-based investments such as gold exchange-traded funds (ETFs), gold mutual funds, sovereign gold bonds, and physical gold.
Specialty steel PLI window reopens today
THE PLI SCHEME has attracted investment commitments of ₹27,106 crore, direct employment of 14,760 and estimated production of 7.90 million tonne of specialty steel. As of November 2024, companies have already invested ₹18,300 crore and generated over 8,660 employments.
Startups Turn to Revenue-Based Financing
Among notable beneficiaries are brands like Smoor Chocolates, Imperio Restaurants, and IDC Kitchen, which have utilized RBF for initiatives such as launching new restaurants or cloud kitchens.
Bangladesh Cancels Planned Training of Judges in India, Scraps Notification
BANGLADESH'S INTERIM GOVERNMENT on Sunday cancelled a planned training programme for 50 judges and judicial officers in India, scrapping a previous notification.
Foxconn sales beat view on AI demand
Strong Show
Korean court rejects Yoon appeal on warrant: Report
A SOUTH KOREAN court dismissed an appeal by lawyers of Yoon Suk Yeol against an arrest warrant for the impeached president, Yonhap reported on Sunday.
Wilmar to emulate ITC post its exit from Adani
ADANI WILMAR (AWL), the country's largest edible oil company, is adopting a strategy similar to ITC's by leveraging its core business and extensive distribution network to drive growth in its high-margin FMCG portfolio after the Adani group exit, according to sources.
Subscription models gaining traction in ride-hailing sector
SUBSCRIPTION-BASED MODELS are gaining popularity in the online ride-hailing sector, with major players like Ola, Uber and Rapido reconfiguring strategies to stay competitive.
Tighter anti-spam norms in a month
TIGHTER REGULATIONS ON curbing spam as well as new consultation examining an authorisation framework for telemarketers are expected in coming weeks, said Trai chairman Anil Kumar Lahoti.
Renee looks to end this fiscal with up to ₹400-cr topline
In the crowded market of beauty and colour cosmetics brands, direct-to-consumer startup Renee Cosmetics is expecting to double its revenue to ₹350-400 crore by the end of this fiscal.
Compact EV, New Duster Key to Renault's India Comeback
French carmaker's first EV in the country to be affordable
Vi unlikely to have aggressive 5G pricing strategy
WITH VODAFONE IDEA (Vi) getting ready to launch its commercial 5G services in March, almost two-and-a-half years after Reliance Jio and Bharti Airtel, all eyes will be on its pricing strategy.
Six years after quota for women at IITs, changes are quite visible
IIT-KANPUR RECORDS A 133% JUMP IN NUMBER OF WOMEN
Bangladesh crisis offers new opportunities for Indian textile clusters
Amid the ongoing economic and political tensions in Bangladesh, Indian exporting firms, particularly in the Tirupur clusters, are receiving higher enquiries from several global apparel brands, including Primark, Tesco, Decathlon, Duns, JCPenney, GAP, Next, and Walmart, with order conversion expected for shipment by early 2025, Mithileshwar Thakur, Secretary General of the Apparel Export Promotion Council (AEPC) said.
PLI Schemes Aid Import Substitution: MSMEs, Too, Among Gainers
PRODUCTION-LINKED INCENTIVE (PLI) schemes have generated investments to the tune of ₹1.46 lakh crore so far, with large-scale electronics manufacturing, pharmaceuticals, food processing and telecom & networking products, being the top gainers.
FDI in India growing rapidly, says Goyal
FDI inflows into the country are surging, with investors from the West Asia, Japan, European Union, and the US recognising India's status as a top investment destination, driving rapid economic growth and generating millions of new jobs, commerce and industry minister Piyush Goyal has said.
PLI Schemes Aid Import Substitution: MSMEs, Too, Among Gainers
PRODUCTION-LINKED INCENTIVE (PLI) schemes have generated investments to the tune of ₹1.46 lakh crore so far, with large-scale electronics manufacturing, pharmaceuticals, food processing and telecom & networking products, being the top gainers.
CII wish list: Budget should lay emphasis on employment creation
TO BOOST PRODUCTIVITY and foster inclusive growth, the Confederation of Indian Industry (CII) has recommended that the government prioritise employment generation as a central theme in the Union Budget for FY26.
Direct benefit transfers top ₹4 lakh crore so far this fiscal
FY25 DISBURSEMENT MAY BE MARGINALLY LOWER ON YEAR
Agri credit scales new high, to cross ₹28 lakh cr in FY25
● Seen up 10%; formalisation of rural credit aids process
OMCs May See Muted Refining Margins in FY26
STATE-OWNED OIL MARKETING companies (OMCs) are likely to register subdued gross refining margins (GRMs) during FY26 due to sluggish global consumer and industrial demand, particularly in China, and additional supply from global refinery capacity expansions, according to analysts.
No check-in for unwed couples at Oyo hotels
TRAVEL BOOKING MAJOR Oyo has launched a new policy for partner hotels, starting this year from Meerut in Uttar Pradesh, whereby unmarried couples will no longer be welcomed to check in.
Chinese Dam on Table for Sullivan's India Visit
AI, civilian nuclear cooperation, space may also be taken up
Mike Johnson Re-elected US House Speaker
Republican Congressman Mike Johnson on Friday was re-elected as Speaker of the US House of Representatives with a narrow victory margin of three votes.