CATEGORIES

Amazon crafting smart eyeglasses for its drivers

Amazon is developing smart eyeglasses for its delivery drivers to guide them to, around, and within buildings, as it tries to smooth the final stretch of an order's journey to a customer's home, five people familiar with the matter said.

Russian bombs, drones, missile kill six, injure 30 in Ukraine

People take shelter inside a metro station during an air raid alert in Kyiv, Ukraine, on Monday

Tom Homan to serve as Trump's 'border czar'

President-elect Donald Trump said he will install Tom Homan (pictured), the former acting head of the US Immigration and Customs Enforcement agency, as a \"border czar\" with oversight over immigration, maritime and aviation security.

Dogecoin beats Bitcoin in crypto rush after Trump win

A bevy of smaller cryptocurrencies outperformed market-leader Bitcoin in recent days as enthusiasm about the sector's prospects under President-elect Donald Trump encouraged a wave of speculative bets.

UN climate summit runs into agenda fight on opening day

The United Nations (UN) climate conference in Baku, Azerbaijan, opened on Monday with a sharp clash as developing and developed countries debated over the selection of the issues for the agenda for the next 12 days.

China nears record $1 trn trade surplus

The country has been relying more on exports to compensate for the weak domestic demand

DBK need not be surrendered if export proceeds realised late

We refer to the DGFT PN 27 dated 23rd October 2024 prescribing annual RODTEP return and suggesting that RODTEP claims in excess of actual duties/taxes/levies actually paid will be required to be surrendered by the exporters.

Inter-State Council reconstituted, NDA allies accommodated

The Inter-State Council, which works for Centre-State and interstate coordination and cooperation, has been reconstituted with Prime Minister Narendra Modi as its chairman, all chief ministers and nine Union ministers as members and 13 Union ministers as permanent invitees.

Campaigning ends for 1st phase of Jharkhand polls

Modi asks BJP workers to stay united; Kharge seeks vote to 'save Constitution'

Indian pharma market logs 6% growth in Oct

The Indian Pharma Market (IPM) registered a 6.1 per cent value growth in October 2024 with major therapies showing positive value growth, according to a report by market research body Pharmarack.

SC backs SAT decision to quash Sebi penalty on Mukesh Ambani

The Supreme Court (SC) on Monday dismissed a plea filed by Sebi against a Securities Appellate Tribunal order which set aside the penalty imposed by the market regulator on RIL chairman Mukesh Ambani and two other entities in a case related to alleged manipulative trading in shares of the erstwhile Reliance Petroleum Ltd (RPL) in November 2007.

Rural FMCG basket expands on hybrid media usage, rising digital engagement

A growing preference for convenience products and hybrid media consumption, and a surge in digital engagement have led to a rise in the average basket size for fast-moving consumer goods (FMCG) among rural consumers.

IRFC raises ₹1,415 crore at 7.14% via 15-yr bonds

State-owned Indian Railway Finance Corporation (IRFC) has raised ₹1,415 crore through bonds maturing in 15 years at a coupon rate of 7.14 per cent, said sources aware of the development.

SME, agri, corp may take SBI loan growth past industry average

Xpress Credit portfolio, which declined in Sep quarter, also expected to rebound

ONGC's Q2 profit up 17% on lower tax expenses

Oil and Natural Gas Corporation (ONGC) reported a surprise rise in second-quarter (Q2FY25) profit on Monday, helped by a decline in tax expenses due to the scrapping of the levy on petroleum crude.

No plan to bring clawback clause: LIC

State-owned Life Insurance Corporation of India (LIC) has realigned its commission structures for its distributors in accordance with new surrender value norms but has no plans to introduce any \"clawback\", it said in a post-earnings analyst call on Friday.

₹ hits fresh low of 84.39 against $ amid FII selloff

Avoids sharp depreciation on RBI intervention

SPIEF plays key role in increased Russia-India trade

Forum director emphasises 'big potential' of rupee-rouble trade between both nations

11 suspected insurgents killed in Manipur gunfight

Eleven suspected militants were killed in a gunfight with security forces on Monday after the insurgents fired at the Borobekra police station and a CRPF camp located alongside it in Jiribam district of Manipur, officials said.

Govt to open e-Shram portal for self-employed registration

To encourage self-employed workers to register themselves on the e-Shram portal, the government will introduce a facility aimed at bringing on the database people who own or run micro enterprises or are hawkers or vendors.

Textile hub Tiruppur weaves a comeback as exports spring back to life

Exports stitch together 13% rise, with 22% jump in August, as Bangladesh crisis leads to growth

Govt may ease Q4 spending limits

Move to help depts, ministries speed up capex; current norms cap Q4 spending at 33% of Budget

CPSEs no longer need NITI Aayog approval for JVs

WHAT IT MEANS

India's online gaming market grew 23% in FY24 despite GST burden

India's gaming market grew 23 per cent year-on-year (Y-o-Y) by revenue to $3.8 billion in 2023-24 (FY24), despite the newly imposed 28 per cent blanket goods and service tax (GST) on online gaming, according to a report by gaming-focused venture capital firm Lumikai.

Amul to enter Europe by end of Nov: MD

Amul will enter the European market by the end of this month after launching its products in the US, Gujarat Cooperative Milk Marketing Federation Managing Director Jayen S Mehta said on Monday.

Amazon, Flipkart face ED heat over foreign funding

Execs to be summoned for alleged law violations

Flipkart achieves milestone of 10,000 EVs in delivery fleet

As part of its phased integration of electric vehicles (EVs) in the last-mile delivery, e-commerce firm Flipkart said it has deployed over 10,000 EVs in its fleet.

Hindalco profit zooms 78% on improved ops

Company plans 4-5 bn capex for upstream units

Zetwerk may raise $1 bn through IPO

Zetwerk Pvt Ltd, a supply chain startup, is considering fundraising options including an initial public offering (IPO) that may help it raise as much as $1 billion, according to sources.