CATEGORIES

Rabi sowing picks up pace, rises 4%

SOWING OF RABI or winter crops such as wheat, pulses, oilseeds and coarse cereals continues to gather pace across the country on robust soil moisture due to surplus monsoon rainfall and higher prices.

800 job offers in two days at IIT Kharagpur

STUDENTS OF IIT Kharagpur have received over 800 job offers in the first two days of the 2024-25 placement session, the premier institute said in a statement on Monday.

Liren-Gukesh clash: 'Mistake after mistake'

Ex-champions unimpressed by level of play at FIDE world chess

3 Scorpene subs, 26 Rafale-M jets deal likely by Jan

Chinese activity in Indian Ocean remains a worry, says Navy chief

APSEZ: Global expansion through local partnerships

Emphasis on key routes in Southeast Asia, Africa & West Asia

Bajaj Fin: Revenue flow to continue

Company to shift resources to boost fee income

HUL: Reshaping portfolio for future

Premiumisation continues to be the top agenda

MAGA pressure on the rupee

With the rupee falling less than other currencies and more Chinese dumping likely, Indian business may face domestic sales dip and less competitive exports

Wrong oil price is really a problem for OPEC+

THE BEST SCANDALS are those that start when someone, somewhere, decides to say something utterly shocking: the truth! A senior official of the OPEC+ oil cartel has said publicly what many thought privately – the group has been keeping oil prices too high, effectively subsidising its rivals.

GDP shock not a trigger

A POSSIBLE START TO RBI'S RATE-CUTTING CYCLE COULD BE SEEN IN FEBRUARY

Trump's bluster

The US president-elect's latest threat may remain on paper but India must navigate carefully

Intel's CEO leaves as chipmaker struggles

INTEL CHIEF EXECUTIVE Officer Pat Gelsinger, who was hired in 2021 to lead an ambitious turnaround of the iconic chipmaker, will leave the job after the comeback sputtered and the company fell further behind rivals.

Stellantis and Samsung to get $7 bn to build battery factory

THE BIDEN ADMINISTRATION expanded its efforts to lock in its climate policies on Monday, saying that it would lend almost $7 billion to help build battery factories in Indiana to supply vehicles made by Stellantis, the owner of Jeep, Chrysler, Dodge and Ram.

Bezos backs Nvidia rival at $2.6-bn value

AMAZON FOUNDER JEFF Bezos joined Samsung in a $700-million bet on Tenstorrent, valuing the AI chip startup with ambitions of taking on Nvidia at about $2.6 billion.

Biden pardons son in tax fraud case

US PRESIDENT JOE Biden said on Sunday he had pardoned his son, Hunter Biden, a reversal after pledging to stay out of legal proceedings against the younger Biden who pleaded guilty to tax violations and was convicted on firearms-related charges.

US tightens curbs on China's access to parts for AI, chips

Slaps more curbs on sale of memory, chipmaking gear

RBL Bank shares recover after 5% intraday plunge

SHARES OF RBL Bank plunged 5% during intraday trade on Monday after the bank decided to stop the issuance of new co-branded credit cards under the partnership with Bajaj Finance.

NBFCs face sluggish AUM growth over 2 years

• Asset growth to ease 15-17% in FY25-26, says Crisil Ratings

RBI lifts curbs on Sachin Bansal-led Navi Finserv

THE RESERVE BANK of India (RBI) on Monday lifted the restrictions on the sanction and disbursal of loans by Sachin Bansal's Navi Finserv with immediate effect.

Sebi approves 7 IPOs, paving way for over ₹12,000-cr fundraise

SEVEN COMPANIES, INCLUDING Blackstone-owned International Gemmological Institute, Ecom Express and Smartworks Coworking Spaces, have received Sebi's go-ahead to raise nearly ₹12,000 crore collectively through initial public offerings (IPOs), an update with the markets regulator showed on Monday.

Rupee plunges to record low amid growth concerns

The rupee fell to another all-time low of 84.70 against the dollar on Monday, as the sharp decline in gross domestic product (GDP) growth weighed on investor sentiment.

Adani investor GQG slides 14% after UBS downgrade

Rajiv Jain-led firm's stock rating cut to 'neutral'

Skoda's Kylaq range from ₹7.89 lakh

EUROPEAN CAR BRAND

Bangladesh halves power purchase from Adani Group

BANGLADESH HAS HALVED the power it buys from neighboring Adani Power, citing lower winter demand, government officials told Reuters on Monday, amid disagreements over dues running into hundreds of millions of dollars.

PhonePe decides to go with direct integration, snaps ties with Juspay

PHONEPE HAS DISCONTINUED its partnership with payment orchestration platform Juspay. The Walmart-backed digital payments platform said that it will opt for direct integration with merchants.

JSW MG set to launch Cyberster in January

Likely to be priced at ₹65-70 lakh

A first in 14 months: Two-wheeler sales growth hits speed bump

DECLINE IN LINE WITH AUTOMAKERS’ DECISION TO MODERATE DISPATCHES

New launches in early 2025 may spell trouble for inventory glut

The first few months of 2025 is going to see one new car model launch every couple of weeks, which in turn will put additional pressure on the high inventory levels plaguing the industry as buyers might opt for the newer models.

Swiggy's 10-minute food service now in 400 cities

FOOD DELIVERY MAJOR Swiggy on Monday announced that it is expanding its 10-minute food delivery service Bolt to over 400 cities in India.

Tata Consumer plans to double vending machines this fiscal

TATA CONSUMER PRODUCTS proposes to double the number of beverage vending machines to about 4,000 (from over 2,000 machines now) by the end of FY25 by tapping the hotels, restaurants, catering (HORECA) segment apart from corporate houses,