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Trump fuels Bitcoin surge to $80,000 for the first time

Bitcoin is closing in on $80,000 for the first time, boosted by President-elect Donald Trump's embrace of digital assets and the prospect of a Congress featuring pro-crypto lawmakers.

Rising rural incomes swell FMCG basket

Digital payments are also on the rise, with 42% of rural internet users now using these services

Malai kulfi to jaggery: Indian liquor firms infuse heritage into spirits

India's alcohol business is getting a flavourful makeover as local distillers infuse their spirits with a rich mix of regional ingredients.

Land deals soar amid India's housing boom

Godrej Properties has made 10 land acquisitions so far this fiscal year

Warner Music India invests in SkillBox, enters live shows biz

Investing in SkillBox blends with Warner Music India's aim of being artiste-first, fan-first, said its MD Jay Mehta

SBI's core performance soft in Q2

State Bank of India Ltd (SBI) has reported an impressive jump of 51% year-on-year (y-o-y) in its September quarter (Q2FY25) standalone pre-provisioning operating profit (PPoP) to ₹29,295 crore.

FROM PERENNIALLY CAPITAL-STARVED TO PROVIDER OF CAPITAL

Calls from foreign HR feel like a 'Follow' request from a college crush to Bertie

Nifty earnings growth estimate for FY26 looks tough to achieve

More reforms are needed on land, labour, farm and judiciary to improve the investment climate Nilesh Shah MD, Kotak Mahindra Asset Management Co.

India's infra ambitions to get a new X factor: The military

The initiative under PM Gati Shakti will build dual-use road, port, power and airport projects

EPFO sees 7.6% rise in pension payers

The Employees Provident Fund Organisation (EPFO) saw a 7.6% rise in contributors in FY24, and adopted a new policy to support dependents and wards of EPFO employees who died during the pandemic, a press release said.

Cell for handling new health crises planned

The cell would meet regularly during crises, or it would meet as and when required to fix priorities

THE WORRYING RISE OF FRAUDSTERS ON THE PROWL ONLINE

Within the first three months of 2024, fraudsters had extorted sums totalling ₹120.3 crore

PSUs in a bind on arbitration powers

The Supreme Court's move to slash the powers of state-run companies to unilaterally appoint arbitrators on Chief Justice D. Y. Chandrachud's last day in office leaves the country's public sector units (PSUs) in a cloud of uncertainty.

Clean energy sees surge in foreign investment but other sectors decline

Foreign Direct Investment (FDI) equity inflows in the non-conventional energy sector surged in the first three months of this financial year, making it the tenth-largest FDI destination of all time, underscoring rising global interest in India's green energy initiatives.

Electric 3-wheeler subsidies for FY25 halt as sales hit cap

The removal of a central government subsidy will likely make popular electric three-wheelers dearer for the rest of this fiscal year, potentially disrupting sales of manufacturers such as Bajaj Auto, Mahindra Last Mile Mobility and Piaggio.

NFRA begins audit standards overhaul

Review of ICAI's 38 audit standards, plus two quality standards

Gold loans glitter on personal loan crackdown

The regulatory clampdown on unsecured personal loans has given a fillip to loans against the yellow metal, with gold loans soaring in the last few months.

Premium the watchword for SBI as Q2 profits surge

Chairman says the bank will compete on quality of service, not on deposit rates

India eyes grants, loans for Global South at COP29

India plans to leverage its climate commitments to pitch for grants and concessional loans, instead of investments for the Global South, at the upcoming climate negotiations in Baku, two people aware of the matter said.

Tata Steel's Q2 show weighed down by slow Europe revival

The September quarter (Q2FY25) earnings of Tata Steel Ltd had its share of positives even as European operations remain a drag.

Spectre of fall in revenue nixes telecom levy cut

Indian telecom service providers' hopes to get relief from levies on adjusted gross revenue (AGR) might get dashed on the Union finance ministry's revenue concerns, according to two senior officials close to the discussions.

Zomato, Swiggy face CCI heat on antitrust violation

An investigation by India's antitrust body found food delivery giants Zomato and SoftBank-backed Swiggy breached competition laws, with their business practices favouring select restaurants listed on their platforms, documents show.

Trump enters just as the Fed is shifting its focus

With its second consecutive interest-rate cut this year, the Federal Reserve is attempting to boost the odds of a soft landing.

Regulator gets staff to enforce drug quality

The govt is planning to fill 250 new positions to strengthen enforcement

Govt unveils scheme for meditech industry

The government on Friday launched a scheme aimed at strengthening the medical devices industry with an initial outlay of ₹500 crore for three years 2024-2025 to 2026-27.

RATAN TATA MADE INDIA A BETTER, KINDER PLACE

Shri Ratan Tata's support for the Swachh Bharat Mission was close to my heart

Ministry cancels allocation of coal block to JSW Steel

The Union coal ministry has annulled the allocation of the Banai-Bhalumunda coal block in Chhattisgarh to Sajjan Jindal-led JSW Steel over the non-payment of a performance bank guarantee worth about ₹1,000 crore.

LIC evaluating health insurers to buy stake

MD Siddhartha Mohanty says LIC is looking to close a deal by March

Ola Electric Q2 loss narrows to ₹495 cr, revenue jumps 39%

Electric two-wheeler maker Ola Electric Mobility posted a consolidated net loss of ₹495 crore for the September 2024 quarter (Q2FY25) on Friday, 8 November.

PFC declines SP Group's ₹20,000-cr loan proposal

State-run Power Finance Corporation (PFC) has decided not to go ahead with the ₹20,000-crore loan proposal to Shapoorji Pallonji Group (SP), PFC chairman Parminder Chopra said on a call with analysts on Friday.