CATEGORIES

NPCI extends UPI volume cap compliance deadline

NPCI had earlier said no app could account for more than 30% of UPI transaction volumes

Wellness Synced with Tech and Mind-Body Therapy

From somatic therapy to the rise of wellness realty, 2024 saw the world seeking deeper, sustainable solutions for optimal well-being

In 2025, take smaller, consistent steps to a fitter you

Instead of framing a vague and ambitious fitness resolution, set a super-specific goal with a timeline and track it daily

Apt spending must win our state-level fiscal tug-of-war

States must spend more on capital projects that can secure future growth than on freebies and subsidies

America Inc in 2025: Here are five significant forces to track

Change will range from rollbacks of diversity to CEOs' Trump ties

Services offer a clear and speedy path to economic development

We must reject the false choice between supporting services and promoting manufacturing. Policymakers need to do both

Will 2024 events set off a headwind or tailwind?

Old theories of social and economic cycles were back in discussion as politics and economics impacted each other over the past year. Expect the implications to begin unfolding in 2025

AI cannot replace human instinct in decision-making

The advent of artificial intelligence (AI) has presented both unprecedented opportunities and complex challenges in the rapidly evolving landscape of decision-making.

Should You Be Hiring a Consultant to Manage Credit Card Rewards?

From points to travel perks, why credit card consultancies are becoming a must, especially for high-spenders

The recent deposit shortfall is a wake-up call for banks in India

They should treat depositors as business partners if they are to garner enough deposits for lending

15 Awesome Stories You Shouldn't Miss

In 2024, we published over 200 Long Stories. Here's our recommended year-end list

2024: The Year of Riddles for Both Markets and Life

Forecasting Nifty returns and box-office results is futile, enjoy the show as it unfolds

Should NRIs deduct TDS on property sale?

Under India's income tax laws, any individual buying an immovable property (excluding agricultural land) from a resident seller must deduct TDS at 1% of the total consideration if the purchase price or stamp duty value is ₹50 lakh or more. The TDS is calculated on the higher of two values, not just the amount exceeding ₹50 lakh. This applies equally to both resident and non-resident buyers.

Two Aeroplane Crashes Lead to Deadliest Year in Skies Since 2018

Passenger fatalities jump to 318 this year

BII to invest ₹650 cr in final tranche in M&M's EV arm

Automaker Mahindra & Mahindra Ltd (M&M) on Monday said British International Investment Plc (BII) will make a final tranche investment of ₹650 crore, as against earlier planned investment of ₹725 crore, in its electric vehicles (EV) arm.

Jimmy Carter, Nobel Peace Laureate and Longest-Living US President, Dies at 100

In four-plus decades as an ex-president, Carter waged a worldwide campaign against war, disease and the suppression of human rights

Senores Pharma has a strong debut

The shares of Senores Pharmaceuticals Ltd on Monday listed with a premium of over 53% against the issue price of ₹391.

Ikea's FY24 loss widens to ₹1,299 cr

Ikea India, a leading furniture and home furnishing retailer, reported widening of losses to ₹1,299.4 crore in FY24, according to an RoC filing by the company.

New Verification Facility for NEFT

The Reserve Bank of India (RBI) has asked the National Payments Corporation of India to develop a facility to allow customers using online fund transfer systems, RTGS and NEFT, to verify the name of the bank account to which money is being transferred before initiating the transaction for avoiding mistakes and preventing frauds.

Rupee slips to record closing low

The rupee slipped to its weakest closing level on record on Monday, pressured by a decline in the offshore Chinese yuan and broad-based dollar bids amid a prevailing bearish bias on the local currency.

Less than 10% of IT budget in new tech

Banks in India allocated less than 10% of their information technology budgets to emerging technologies this year, the Reserve Bank of India (RBI) has found.

Rising confidence to fuel Indian economy

RBI's FSR pegs real GDP growth for the current fiscal year at 6.6%

Onitsuka Tiger Eyes India Manufacturing for Faster Growth

Onitsuka Tiger shoes were the official footwear for the Japanese delegation at the 1968 Mexico City Olympics

As Big As A Year Ends

prices, political shifts, global uncertainties and more. The challenges in its quest to become a developed economy

India Dream: Challenging

In Charts: India grappled with a slowdown, climate crisis, rising geopolitical tensions in 2024

Indian Firms Raise Record Debt in 2024

Indian firms raised ₹10.67 trillion through the sale of bonds till 27 December, a 9% jump over 2023

SpiceJet's grounded planes to fly again

Budget carrier SpiceJet Ltd. aims to operationalize 30 Boeing 737 MAX aircraft, grounded for reasons ranging from payment default to lessors and component shortages, in the next 12-15 months as it seeks to expand its services.

Samhi gives old offices a luxury makeover

The hospitality firm is taking old offices on lease, turning them into hotels

Ashwin Sheth plans Bengaluru debut, sets sights on IPO

Real estate developer Ashwin Sheth Group is preparing to launch more than 10 housing projects in 2025 and mark its debut in Bengaluru, as it aims to tap the public market to finance its expansion plans.

Capex plans, robust demand may keep KEI charged up

EI Industries Ltd is preparing to carry out its enhanced capital expenditure (capex) guidance. The cable and wire company recently completed a fundraise of ₹2,000 crore via a qualified institutional placement (QIP) at ₹3,800 a share. These funds are expected to help its balance sheet and support its greenfield expansion at Sanand in Gujarat, where it plans a ₹1,800-1,900 crore of capex (in phases) to increase its cable capacity.