CATEGORIES

In search of a growth driver

DIFFICULT TO IDENTIFY A SECTOR THAT HAS POTENTIAL TO LIFT ECONOMY TO A HIGHER TRAJECTORY

Weak drivers

Budget should have measures to resuscitate the middle class

Judicial Overreach Unwarranted

High court order staying Religare Enterprises AGM risks undermining shareholder rights, regulatory authority, and market confidence

Netflix, WWE aim to fuel wrestling worldwide

NETFLIX'S NEXT VENTURE into live programming starts Monday when the company streams its first episode of \"Raw,\" the weekly World Wrestling Entertainment spectacle that has been a staple of U.S. television for three decades.

Pope Names 1st Woman to Head Major Vatican Office

POPE FRANCIS ON Monday named the first woman to head a major Vatican office, appointing an Italian nun, Sister Simona Brambilla, to become prefect of the department responsible for all the Catholic Church's religious orders.

Trudeau steps down as Canada PM

Canadian Prime Minister Justin Trudeau announced on Monday that he will step down as leader of the ruling Liberals after nine years in office but will stay on in his post until the party chooses a replacement.

Donald Trump denies he will pare back tariffs plan

President-elect Donald Trump denied a Washington Post report that his aides are considering narrowing his tariff plan so that it would only apply to limited specific critical imports.

Trump Haunts Central Banks Primed for Wary Rate Cuts in 2025

GLOBAL CENTRAL BANKERS are poised to cut borrowing costs further in 2025, but only warily—and with a keen eye on the policies of incoming US President Donald Trump.

Nippon, US Steel File Suit After Biden Blocks $15 Billion Deal

NIPPON STEEL and US Steel filed a federal lawsuit challenging the Biden administration's decision to block a proposed nearly $15 billion deal for Nippon to acquire Pittsburgh-based US Steel and said that the head of the Steelworkers union and a rival steelmaker worked together to scuttle the buyout.

ITC Ends in the Red on Hotel Biz Demerger

Optimism Prevails

Sebi Relaxes Settlement Norms for Dormant Accounts

SEBI ON MONDAY said it has eased norms for the settlement of client funds in trading accounts that have remained inactive for 30 days.

PSBs turn net sellers of govt securities

STATE-OWNED BANKS HAVE turned net sellers of government bonds (G-Secs) amid a widening liquidity deficit, said traders.

RBI Should Ease Its Tight Grip on Rupee, Says Viral Acharya

FORMER RESERVE BANK of India deputy governor Viral Acharya said the central bank should ease its tight grip on the rupee, a view that comes amid uncertainties over whether the new governor will maintain his predecessor's policy of limiting currency swings.

Rupee at lifetime low as equities slide; tilt bearish

THE RUPEE DECLINED 4 paise to settle at a record low of 85.83 against the dollar on Monday, amid a steep fall in domestic equity markets and unabated outflow of foreign capital.

PSBs' share in 'fair value' investments declines, private banks report gains

STATE-OWNED BANKS' SHARE in the 'fair value through profit and loss investment portfolio' (FVPTL), the newly-introduced investment category, has gone down to 37.2% from around 45%. Meanwhile, the share of private banks has risen to nearly one-third, according to the Reserve Bank of India's (RBI) latest Financial Stability Report.

Bank shares plunge up to 8% amid weak business updates

Historically, the third quarter is not a great one for banks

D2C firm Frido set to be ₹200-cr brand

ARCATRON MOBILITY'S DIRECT-TO-CONSUMER (D2C) arm Frido is on track to become a ₹200-crore brand.

Former executives at OYO, upGrad launch mobility platform

MAYANK KUMAR, FORMER CEO of upGrad, and Ayush Mathur, a former senior leader at OYO, have launched a new mobility platform for blue-collar workers called BorderPlus.

Adani Group lines up petchem foray

Adani Petrochem and Thailand's Indorama will hold 50% stake each in the JV

RIL arm launches Raskik Gluco Energy drink, adding fizz to hydration market

● Beverage to rival Tata Consumer, Dabur products

Auto ancillary firms aim US push with Trump's policies

TRUMP TAILWIND

Sterlite Grid 32 gets over ₹2,400 cr via listed NCDs

FUNDS TO BE USED TO REFINANCE MUMBAI PROJECT

Will not rush in bringing Digital India Act

The rules to implement Digital Personal Data Protection (DPDP) Act was released last week for stakeholder consultation.

Festive boost to Titan biz growth in Dec qtr

TITAN'S STANDALONE BUSINESS registered a 24% year-on-year growth, the Tata Group company said on Monday while providing an update for the December 2024 quarter.

SC transfers Amazon, Flipkart's plea against CCI to Karnataka HC

THE SUPREME COURT on Monday transferred to Karnataka High Court petitions of Amazon and Flipkart, challenging a Competition Commission of India (CCI) order for a probe into the e-commerce giants for alleged malpractices.

Lodha pre-sales soar to record ₹4,510 cr in Q3

MUMBAI-BASED REAL ESTATE developer Macrotech Developers (also known as Lodha Group) on Monday said it has achieved best ever quarter pre-sales of ₹4,510 crore, showing 32% year-on-year (y-o-y) growth in Q3FY25.

Residual benefit of tariff hikes to boost telcos' Arpu in Q3

THE IMPACT OF the recent tariff hikes will continue to boost average revenue per user (Arpu) of telecom operators - Reliance Jio, Bharti Airtel and Vodafone Idea - in the October-December quarter.

Nxtra, Bizongo lead emerging unicorns

FIVE INDIA STARTUPS VALUED AT OVER $900 MN

Govt Mulls Hallmarking for Silver Jewellery

FOOD AND CONSUMER Affairs Minister Pralhad Joshi on Monday asked the Bureau of Indian Standards (BIS) to consider implementing mandatory hallmarking for silver and silver artifacts following consumer demands.

Isro to dock SpaDeX satellites on January 9

ISRO ON MONDAY said the docking experiment of SpaDeX satellites scheduled for January 7 is now postponed to January 9.