CATEGORIES

Forex reserves decline by $4.1 billion

India's foreign exchange reserves continue to decline, extending their downhill journey for three months now.

CII Urges Budget for 1 Lakh Job Deductions

The Confederation of Indian Industry (CII) has called for a range of measures to be included in the upcoming Union Budget announcements, including an integrated National Employment Policy, policy support for employment generation, implementation of labour codes, and increased participation of women in the workforce, among other initiatives.

India's Sensex may rise 18% in 2025: Morgan Stanley

Infrastructure spending, restructuring of GST rates, direct tax reforms, more free trade agreements and focus on energy transition are other catalysts.

Textile Sector Aims $300 Billion by 2030

Union Minister of Textiles Giriraj Singh stated that the textile ministry is committed to helping the industry to reach the market size of $300 billion in year 2030 and provide employment to 6 crore persons in textile value chain, the Ministry stated in a release on Sunday.

HD Kumaraswamy Launches PLI for Green Hydrogen Steel

Union Minister of Steel and Heavy Industries HD Kumaraswamy will launch ‘PLI scheme 1.1’ for the steel industry, the Ministry of Steel said in a release on Sunday.

Formal Rural Credit Lowers Borrowing Costs: NABARD

Rural credit shifts to formal sources, reducing interest costs and boosting margins.

FMCG, retail companies in India chalk fresh strategies amid sluggish consumption demand

As part of their efforts to navigate through the troubled waters against the backdrop of sluggish consumption demand in the overall economy, businesses in the Fast-Moving Consumer Goods (FMCG) and retail space are preparing strategies for the upcoming quarter of financial year 2025.

DMart shares: Why Radhakishan Damani stock soared 12% today

Radhakishan Damani has demonstrated astounding growth with a 44% increase in value.

Household durables sector to see moderation: HSBC report

Businesses in India's household durables segment are expected to see some moderation in revenue growth in the just-concluded October-December quarter, asserted HSBC Global Research in a thematic report ahead of the impending earning updates.

CII Urges Focus on Employment Policies in Union Budget 2025-26

\"India stands at a unique juncture where its demographic dividend presents a tremendous opportunity to propel economic growth and social transformation. Employment generation is a critical pillar in this journey. Coupled with higher employment, India also needs to ensure that productivity goes up.

OYO Updates New Guidelines: Unmarried Couples Barred From Check-Ins

As per the revised guidelines, unmarried couples will no longer be permitted to check in, according to a report by PTI.

Delhi Metro expanded rapidly under AAP: Kejriwal

Prime Minister Modi also laid the foundation stone of the 26.5 km Rithala-Kundli section of Delhi Metro Phase-IV, worth around Rs 6,230 crore. This corridor will connect Rithala in Delhi to Nathupur (Kundli) in Haryana, significantly enhancing connectivity in the North-Western parts of Delhi and Haryana

HSBC report: Household durables sector to see revenue dip in Q3

India's household durables segment is likely to witness a slowdown in revenue growth for the October-December quarter of 2024, according to a thematic report by HSBC Global Research.

NABARD Chairman Shaji KV: India's Rural Credit Ecosystem Is Formalizing

NABARD Chairman Shaji KV discussed the formalization of India's rural credit ecosystem and its benefits for borrowers at the Grameen Bharat Mahotsav.

KTR Slams Congress, Announces Telangana Farmers' Protest on Jan 6

Bharat Rashtra Samiti (BRS) working president KT Rama Rao on Sunday accused the Telangana government of betraying its commitment to farmers of the state and announced to hold a protest on January 6 demanding the Congress to raise the assistance to Rs 15,000 per acre as initially promised.

Mumbai: NCB seizes 74,000 capsules, 2.44 lakh cigarettes in drug bust

The Narcotics Control Bureau (NCB) in Mumbai seized 74,000 capsules (29.6 kgs) of illicitly diverted pharmaceutical drugs and 244,400 cigarettes in a preventive action at the Air Cargo Terminal of Mumbai Airport during an operation that was launched on January 3, an official press release stated.

India's Forex Reserves Continue to Fall, Kitty Now Stands 10% Below Peak

India's foreign exchange reserves have been declining, hitting a multi-month low amid RBI interventions to stabilize the Rupee.

Uttarakhand to Raise Journalist Welfare Fund to Rs 10 Crore: CM Dhami

Uttarakhand Chief Minister Pushkar Singh Dhami has said that the budget of the Journalist Welfare Fund in the state will be increased from Rs five crore to Rs 10 crore.

UP to Launch 40 Electric Buses for Maha Kumbh Devotees

The Uttar Pradesh government will introduce electric buses to ensure convenient transportation services for devotees gearing up to visit the 2025 Maha Kumbh Mela, which is scheduled to commence on January 13.

HD Kumaraswamy to launch 'PLI scheme 1.1' for steel industry on January 6

Union Minister of Steel and Heavy Industries HD Kumaraswamy will launch 'PLI scheme 1.1' for the steel industry, the Ministry of Steel said in a release on Sunday.

Maruti Registers 30 Per Cent Increase in December Sales

In December 2024, Maruti Suzuki India sold a total of 178,248 car units, which is about 30 per cent higher than a year ago period.

EVs Ready To Fly, No Need For Further Subsidy: Goyal

India's electric mobility space is \"absolutely ready to fly\" and there is no need for newer incentives or subsidies, Commerce Minister Piyush Goyal said Friday, after a meeting with officials from various ministries and stakeholders of the Indian EV ecosystem.

M&M Records 16 Per Cent Increase in December Sales

Automotive company Mahindra & Mahindra (M&M Ltd.) witnessed a 16 per cent increase in overall automotive sales, with 69,768 units in December, the company stated on Wednesday in its exchange filing.

Bajaj Auto Domestic Sales Slumped in December, Offset by Rise in Exports

In December 2024, Bajaj Auto's total sales (including two-wheelers and commercial vehicles) stood at 3,23,125 units, marginally lower by 1 per cent compared to 3,26,806 units in December 2023.

China Proposes Export Controls on Critical EV Technology

China is planning to impose new export restrictions on technologies used to extract minerals vital for the global electric vehicle (EV) industry, signaling an escalation in its ongoing tech rivalry with the United States, CNN reported.

Hyundai Teases Creta Electric Ahead of 2025 Launch

Hyundai has officially teased the upcoming Creta Electric, its latest electric SUV, which is anticipated to launch at the 2025 Bharat Mobility Global Expo.

Allahabad HC Stays Arrest of SP MP Ziaur Rahman Barq

The Allahabad High Court on Friday issued a temporary stay on the arrest of Samajwadi Party MP Ziaur Rahman Barq, who is accused in connection with the violence that erupted in Sambhal district, Uttar Pradesh, during a survey of the Shahi Jama Masjid, a historic Mughal-era mosque.

Nampally Court Grants Bail to Actor Allu Arjun

The Hyderabad Court on Friday granted regular bail to Telugu actor Allu Arjun, who had been named as an accused in a case related to a fatal stampede during the premiere of his film Pushpa-2.

Court Remands Accused Couple to Judicial Custody

A court in Thane district, Maharashtra, has remanded a couple in judicial custody until January 18 for their alleged involvement in the abduction, rape, and murder of a 12-year-old girl.

TV actor Shweta Tiwari withdraws plea in Bombay HC

Television actor Shweta Tiwari recently withdrew her petition before the Bombay High Court seeking to quash a forgery case against her, after the police submitted an A-summary report.