CATEGORIES

Trump Would Have Been Convicted If Not Elected: Report

JACK SMITH, THE special counsel who indicted President-elect Donald J. Trump on charges of illegally seeking to cling to power after losing the 2020 election, said in a final report released early Tuesday that the evidence would have been sufficient to convict Trump in a trial, had his 2024 election victory not made it impossible for the prosecution to continue.

Global inflation will remain high for years

ECONOMISTS EXPECT GLOBAL inflation to remain high at least until 2028, according to a new survey that may add to market concerns about sticky price pressures.

Russia Fines Google

A Russian court fined Alphabet's Google 8 billion roubles ($77.9 million) on Tuesday for not complying with previous penalty orders, the Moscow courts press service said on Telegram.

Gaza ceasefire 'closer than ever'

Negotiators were meeting in Qatar on Tuesday hoping to finalize details of a plan to end the war in Gaza, after US President Joe Biden indicated a ceasefire and hostage release deal was imminent.

Sebi May Mandate Issuance of Securities Only in Demat Form After Stock Split

To encourage demat holding of securities, Sebi on Tuesday proposed mandating listed companies to issue securities only in the demat form following stock split, consolidation of face value of shares, and merger or demerger.

Indices snap four-day losing streak

IN LINE WITH global peers, the Indian benchmark equity indices recorded gains on Tuesday, snapping a four-day losing streak, as cooling retail inflation and reports of a gradual tariff hike by the US bolstered investor sentiment.

Adani Group Stocks Soar, Adani Power Surges 20%

ADANI GROUP STOCKS were in heavy demand on Tuesday and ended the day in the positive territory, with Adani Power surging nearly 20%, bouncing back from the previous day's decline.

Debt funds flock to state bonds

In High Demand

HCL Tech slumps 9% after FY25 guidance hints at a muted March qtr

SHARES OF INDIA'S third-largest IT firm HCL Tech plunged 9.23% in intra-day trade on Tuesday following the release of its third-quarter numbers, marking the largest single-day fall in nearly a decade.

Adani's 5G bet in limbo after penalties from DoT

THE ADANI GROUP'S telecom arm, Adani Data Networks, has been penalised by the telecom department at least twice since last year for not utilising its 5G spectrum so far and falling short of its minimum rollout obligations.

Wonderchef turns profitable in FY24

WONDERCHEF, THE KITCHEN appliance brand backed by celebrity chef Sanjeev Kapoor, has turned profitable in FY24, reporting a net profit of ₹1.5 crore, according to data from the Registrar of Companies (RoC). In FY23, it logged a total loss of ₹51.8 crore.

RIL seen posting flat growth in Q3

BROKERAGES EXPECT RELIANCE Industries (RIL) to report flattish year-on-year (y-o-y) growth in earnings and Ebitda for October-December, with just a single-digit sequential growth.

PV sales pace slowest in 4 yrs

HIGH COST IMPACT IN 2024

Over 60% of buyers may choose EV as next vehicle

MORE THAN 6 out of 10 consumers in different parts of the world, including India, are likely or very likely to consider an electric vehicle for their next purchase, although 60% of them considered charging infrastructure as a major challenge, according to a global study by Tata Consultancy Services (TCS).

Infy may log muted growth, raise FY25 revenue guidance

INFOSYS IS LIKELY to report muted earnings in the December quarter due to seasonal challenges.

Jio Arpu may top ₹200 in Oct-Dec

Tariff Boost

Parental consent: bigger blow to smaller players vs Big Tech

Concerns raised over rollout of data protection rules

Car makers slam the brakes on discounts

CARS AND SPORTS UTILITY vehicles (SUVs) manufactured in January have seen a reduction of up to 60% in discounts compared to the December models as industry-wide inventory has shrunk to an 11-month low, allowing dealers to recalibrate their stock levels.

Government May Set 10.3-10.5% Nominal GDP Growth Target

THE TAX CUTS are not expected to affect the government's plans to reduce its fiscal deficit, the sources said, adding that the government expects this year's budget gap to come in 10-20 bps lower than an initially predicted 4.9%.

RBI Guv Open to Let Rupee Move More Freely

UNDER DAS'S SIX years at RBI, the rupee's volatility slid to the lowest among emerging markets, second only to the pegged Hong Kong dollar.

Larger credit cover for MSMEs likely

THE INTENT IS to raise the investment rate to a higher level.

Galwan to Siachen to Doklam: New spots in 'Battle Tourism' map

IN RECENT PUBLIC memory, Galwan — the river valley in Ladakh — is known as the site of violent border clashes between India and China in June 2020, wherein 20 Indian soldiers lost their lives.

Rupee's free fall to hit margins of EV makers

THE GOVERNMENT DATA from December 2024 highlights this dependency: just 12 out of 82 applicants under the PLI-auto scheme have achieved the 50% DVA target.

Regulatory Norms Under Review

INDUSTRY EXECUTIVES, MARKET participants, and economists have been urging the government to reduce the compliance burden of companies and ease regulatory oversight to remove redundancies and avoidable irritants for economic activity to improve.

Expert Panel Looks Beyond BMI for Obesity

THE LANCET DIABETES & Endocrinology Commission, a group of 58 leading experts from various medical specialties and countries, Tuesday proposed a new approach to define and diagnose obesity.

PoK foreign territory for Pak, is used for terror: Rajnath

ASSERTING THAT JAMMU and Kashmir, the \"crown jewel\" of India, is incomplete without Pakistan-occupied Kashmir, Defence Minister Rajnath Singh Tuesday warned Pakistan against allowing the region to be used for terror activity.

Zuckerberg's LS poll remarks: India to summon Meta officials

The Parliamentary Standing Committee on communications and information technology will summon Meta officials over Mark Zuckerberg's recent statement about India, panel chairman and BJP MP Nishikant Dubey has said.

US sanctions: No threat to oil supply, but costs may rise

THE LATEST US sanctions on Russia do not only pose a threat to India's crude oil supply but may result in a higher cost of the landed crude oil for Indian refiners as they diversify their crude sourcing, likely at a premium to the landed price of Russian crude, analysts and industry experts say.

National Turmeric Board Opened to Boost Output

The government on Tuesday launched the National Turmeric Board to drive its efforts towards doubling the production and increasing exports of the spice in the next five years to 2 million tonne.