CATEGORIES

Ola steps up expansion; over 3K stores to open on Dec 20

OLA ELECTRIC FOUNDER Bhavish Aggarwal on Monday announced an ambitious plan to expand the company's retail store network fourfold to 4,000 outlets within the next fortnight.

Prosus CEO lines Up potential IPOs in India

Listing of Meesho, BlueStone, PayU and Urban Company likely

SC refuses to relax GRAP-4 restrictions in Delhi-NCR

THE SUPREME COURT on Monday refused to relax the emergency measures under Stage 4 of the Graded Response Action Plan (GRAP) dealing with air pollution in the national capital unless a consistent downward trend was noticed in the AQI level.

'Designed in India' 5G chip facing financial crunch

A FIRST OF its kind 'designed in India' 5G and Internet of Things (IoT) chip, which has been allocated funding of close to ₹45 crore by the Indian government, is facing mass production issues owing to a lack of funds, and an inability to draw commercial orders.

Home price index rises 4.3% amid high rates: RBI

HOME PRICES ARE on the rise in India despite high interest rates in the banking system and inflation.

Govt, Oppn agree on Constitution debate as Parliament impasse ends

THE WEEK-LONG STANDOFF in Parliament came to an end as the government and the Opposition reached an agreement Monday, which was reflected by the announcement of dates for a special discussion on the Constitution in both Houses.

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.

Putin may visit India early next year: Kremlin

RUSSIAN PRESIDENT Vladimir Putin is expected to travel to India next year as part of the established framework for reciprocal annual engagements between the leaders of the two nations, the Kremlin has said.

ONGC looks at foray into offshore mining

LOOKS TO ATTAIN NET ZERO EMISSIONS BY 2038

Internship scheme: B-schools roped in

THE GOVERNMENT HAS tied up with Indian Institute of Management (IIM)-Bangalore, Delhi School of Economics and Symbiosis Institute of Business Management to initiate a survey for gathering feedback from various stakeholders and analyse the impact of the PM Internship Scheme, whose implementation has been deferred by the ministry of corporate affairs (MCA).

Manufacturing PMI at 11-month low

PRICE PRESSURE

Insurance cost will come down if GST is reduced: Sitharaman

The cost of health and life insurance policies to policyholders is expected to come down if the Goods and Services Tax (GST) Council recommends a reduction in the tax rate, finance minister Nirmala Sitharaman informed Parliament on Monday.

Coal output up 35% in Apr-Nov

COAL PRODUCTION FROM captive and commercial mines rose 34.7% to 112.65 million tonne in the April-November period of the ongoing financial year.

Customs duty overhaul likely in FY26 Budget

Inverted duty may be rectified; relief for more than 100 items

Trump tariffs: Govt to review India-US trade ties this week

OFFICIALS SAY NO IRRITANTS IN RELATIONS, DRASTIC ACTIONS BY US UNLIKELY

SFIO search ops at Hero Electric, 2 other EV firms

The Serious Fraud Investigation Office (SFIO) on Monday conducted search operations on the premises of three electric vehicle (EV) manufacturers - Hero Electric, Benling India and Okinawa Autotech.

Govt's FY25 capex may miss target by up to 9%

WITH THE SPENDING capacity of government departments and agencies already overstretched, the Centre's capital expenditure will likely fall short of the annual target of ₹11.11 lakh crore by up to ₹60,000 crore-₹1 lakh crore, sources told FE.

Windfall tax on oil scrapped

The government on Monday scrapped the windfall tax on domestic production of crude oil and exports of petrol, diesel and aviation turbine fuel (ATF), effective immediately.

JSW readies own EV brand

JSW Group, which had entered into a joint venture with China's largest automaker SAIC Motor earlier this year to manufacture and retail MG Motor's electric vehicles (EVs), is now gearing up to launch its own EV brand.

GoM wants 35% GST on tobacco, aerated drinks

The Group of Ministers (GoM) on the goods and services tax (GST) rate rationalisation has proposed a 'special rate' of 35% on several sin items such as tobacco, tobacco products and aerated beverages, sharply increasing the tax incidence on these products.

Meta to challenge CCI's order on ₹213-crore fine

Meta on Tuesday said that it disagrees with the ₹213-crore fine levied on it by the Competition Commission of India for abuse of its dominant position, and will appeal against the order.

Murdoch ally helps Ambani build media empire in India

SOHEE KIM PR SANJAI

Pandya, Dube & Rinku: Can they finish for India at T20 World Cup?

GOING INTO THE 2022 T20 World Cup in Australia Dinesh Karthik was assigned the finisher role and the batting lineup was built accordingly.

Nestle adds sugar to infant milk and cereal, finds report

A NEW REPORT has revealed that Nestle, the world's largest consumer goods and manufacturer of baby formula, is adding sugar to infant milk and cereal products sold in India, and other Asian, and African countries.

India-made Daimler's electric mini truck to hit the road soon

INDIA WILL BE host to German trucking giant Daimler's only electric vehicle plant outside of Europe and Japan when it launches a locally-made electric light cargo truck in FY25.

Samsung eyes ₹10,000 cr from India TV biz this year

SOUTH KOREAN GIANT Samsung is targeting a turnover of ₹10,000 crores for its television business in India this year, driven by growth in sales of its mid to-premium segment models, said Mohandeep Singh, senior VP, consumer electronics business in India.

Microsoft AI Copilot speed boost for coding

WHEN SOFTWARE DEVELOPER Nikolai Avteniev got his hands on a preview version of Microsoft's Copilot coding assistant in 2021, he quickly saw the potential.

US, China debt pose risks for global public finances: IMF

THE WORLD's TWO great economic rivals, China and the US, will drive much of the increase in global public debt over the next five years, with US spending creating trouble for many other countries by keeping interest rates high, officials at the International Monetary Fund said in a report.

Language models in consumer tech

This move is designed to ensure better user experience & privacy

'Data centres' energy use doubles every four years'

Data centres are significant energy consumers, using about 2% of the world's power and emitting carbon dioxide equivalent to the airline industry.