CATEGORIES

Tory bid to force probe into 'grooming gangs' fails

The UK's opposition Conservative Party Tory tried and failed to force Prime Minister Keir Starmer into holding a national inquiry into a scandal surrounding so-called child grooming gangs.

AI May Kill 200K Jobs at Global Banks

Global banks are expected to cut as many as 200,000 jobs in the next three to five years as artificial intelligence encroaches on tasks currently carried out by human workers, according to Bloomberg Intelligence.

Musk, allies plan to 'oust' Starmer as British PM

Billionaire Elon Musk has held private discussions with allies about removing British Prime Minister Keir Starmer from his position before the next general election, the Financial Times reported on Thursday.

WHERE INNOVATION MEETS SUSTAINABILITY

As electrification, sustainable practices, and localization take center stage, the Bharat Mobility Global Expo 2025, highlights India's growing role as a global automotive manufacturing hub, driving innovation and environmental responsibility, writes Garima Dutt

Accelerating Localization: India's Auto Component Industry and the 'Make in India' Push

The COVID-19 pandemic underscored the vulnerabilities of global supply chains, prompting Indian manufacturers to shift focus from global sourcing to regional suppliers.

India's Auto Component Sector: Driving Toward a Global Future

The Indian automotive component industry is experiencing a profound transformation, driven by innovation, sustainability, and government incentives such as the Production Linked Incentive (PLI) scheme.

SUSTAINABILITY AT THE WHEEL: India's Green Shift in the Automotive Sector

India's automotive sector is embracing sustainability through electric vehicles, smart manufacturing, and eco-friendly innovations. Supported by policy initiatives and advanced technologies, the shift positions India as a global leader in green mobility

TCS Headcount Down by Over 5K

Attrition rose 13%, promoted 25,000 in Q3

Alcobev Majors Seek Payment of $466 Million Dues from Telangana

Global alcohol companies such as Diageo, Pernod Ricard, and Carlsberg are demanding unpaid dues of about $466 million from Telangana state, where Heineken suspended supplies this week in an unprecedented move, three industry sources said.

Interest coverage ratio of unlisted cos at 30-yr high

Uptick in FY24 mirrors similar trend in the listed space

Emami rebrands products in India

'Fair and Handsome' now 'Smart and Handsome'; brand size may rise to ₹1K cr

EPFO Set To Introduce Self-Attestation Facility

Move to do away with the need for nod of employers' to complete KYC

PhonePe to offer Maha Kumbh Mela insurance

PhonePe on Thursday announced a partnership with ICICI Lombard General Insurance to offer insurance coverage for people travelling to MahaKumbh Mela.

MoD to reform procurement policy within a year, says defence secretary

India's defence procurement policy, criticised for delays and inefficiencies, will be reformed within six months to a year, Defence Secretary Rajesh Kumar Singh on Tuesday said.

DPIIT calls for suggestions to boost FDI

The Central government has asked industry associations, legal players and regulatory representatives to suggest ways to further improve the business climate for overseas investors to boost the flow of foreign direct investment (FDI)—which has been on a decline for the last three years.

India Ratings rules out corporate capex recovery in FY26

India Ratings on Thursday said that any broad-based or strong recovery in corporate capital expenditure was unlikely in the upcoming financial year 2026 (FY26) due to uncertainty of domestic and external demand.

Meity seeks 10K GPUs, receives offer for 20K

The Ministry of Electronics and Information and Technology (Meity) has received offers for 20,000 graphics processing units (GPUs) from companies that bid under the ₹10,370 crore IndiaAI Mission—nearly double of what it is seeking through a request for empanelling companies.

India's economy may grow 6.6% in 2025, 6.7% in 2026: UN report

The Indian economy is expected to grow by 6.6 per cent in 2025 and 6.7 per cent in 2026, supported by solid private consumption and investment growth, according to the United Nations (UN) flagship report, World Economic Situation and Prospects 2025, released on Thursday.

CEASE & DESIST

RBI's quick shift on NBFC curbs

E-way bill generation rebounds in Dec

E-way bills, or electronic permits generated by businesses for transporting goods within and across states, touched the second-highest level in December in 24 months, growing 17.6 per cent year-on-year to reach 112 million, according to data released by Goods and Services Tax Network portal.

Bank officers' union calls for two-day nationwide strike on February 24-25

The All India Bank Officers' Confederation (AIBOC) on Thursday announced a two-day nationwide strike, tentatively scheduled for February 24 and 25, in response to pressing concerns affecting its members and the broader banking industry.

Sovereign AI: A strategic imperative for the coming wave

The age of artificial intelligence (AI) is here, with AI representing a major strategic opportunity and a national security imperative.

Tuhin Pandey takes charge as revenue secy

Replaces Arunish Chawla, who was appointed to the post on Dec 25

For ARCs Eyeing MFI Loans, Price Matters

With increasing stress in the microfinance institution (MFI) segment and banks looking to offload non-performing portfolios, asset reconstruction companies (ARCs) believe these assets hold limited value.

'When movies connect, they go to another level'

At 1,745 screens, PVR Inox is the largest multiplex chain in India. But the ₹6,200 crore (2023-24 revenue) chain has seen its stock being hammered in the market. The buzz is that the cinema business is in trouble. Its managing director, AJAY BIJLI, in a quick chat with Vanita Kohli-Khandekar, talks about the state of the movie business and his prognosis for 2025. Edited excerpts:

Ticket prices may make 2025 a hit after dud 2024

Pushpa 2: The Rule broke box-office (BO) records not only due to Allu Arjun reprising his role as Pushpa Raj but also because of a surge in the movie's average ticket price (ATP).

Fall in ₹, Win Some, Lose Some for Auto Industry

While exporters benefit, import-dependent firms expected to struggle

Rupee volatility likely to drive imported car prices off course

Luxury car sales touched 51K units for first time in '24

Recovery agents in demand as banks' unsecured loan stress rises

Between Jul and Dec, number of such agents grew by almost 50%

Import stats for gold, silver, electronics lowered for Apr-Nov

The central government has revised downwards the import data for precious metals such as gold and silver by $11.69 billion and $950 million, respectively, during the first eight months of the financial year (2024-25), Directorate General of Commercial Intelligence and Statistics (DGCI&S) data showed.