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₹logs biggest 1-day gain in over amnth

The Indian rupee logged its biggest one-day gain in more than a month on Tuesday as the dollar dipped towards a one-week low, boosting regional currencies, while foreign banks' dollar sales also helped.

Setty, Kotak Nominated as Governing Council Members of NIIFTL

The government has nominated State Bank of India Chairman CS Setty and Uday Kotak, founder and director, Kotak Mahindra Bank, as governing council members of the National Investment and Infrastructure Fund Trustee Ltd (NIIFTL).

FinMin to Review Flagship Schemes With PSB Chiefs

Weeks before the Union Budget for 2025-26, M Nagaraju, secretary to the Department of Financial Services (DFS), on January 15 will have a meeting with the managing directors (MDs) and chief executive officers (CEOs) of public-sector banks to review the progress of financial-inclusion schemes and discuss funding, according to sources.

Fintech sector voices funding concerns amid regulatory fears

In a meeting with top bureaucrats from the finance ministry on Tuesday, the financial technology (fintech) sector raised concerns about insufficient funding opportunities amid regulatory fears and negative sentiment surrounding the industry, according to sources present.

10th oil and gas bidding round only after passage of oilfield Bill

Upcoming legislation meant to streamline exploration and production

REC to sell ₹2,848 crore NPAs in Corporate Power

State-owned REC Ltd is looking to sell bad loans worth ₹2,848 crore in Corporate Power Ltd (CPL) and has invited counterbids via a Swiss challenge auction, initiated by an anchor bid of ₹58.65 crore.

Centre asks states to boost HMPV surveillance

As cases of Human Metapneumovirus (HMPV) are being detected in India, the Centre has asked states to enhance surveillance of respiratory illnesses and strengthen awareness among the people to prevent its transmission.

Farm sector holds out amid headwinds

Strong monsoon, robust kharif output drive growth, boosting agri GVA

FY25 growth of 6.4% underwhelms, but are there silver linings?

Real gross domestic product (GDP) growth is estimated to have slowed sharply to 6.4 per cent in the current financial year (FY25) from 8.2 per cent expansion in FY24, according to the first advance estimates released by the National Statistics Office (NSO).

Fiscal Deficit Target in Reach Despite Lower GDP Estimate

The fiscal deficit for 2024-25 (FY25) may remain within the target, despite a lower-than-budgeted nominal gross domestic product (GDP) growth of 9.7 per cent, as indicated in the first advance estimates released on Tuesday by the National Statistics Office (NSO).

Consumption jump, slower capex likely

Rural spending may drive consumption growth, while capex may moderate amid fiscal constraints

M&M Aims to Sell 5K Units of New EV Models Per Month

Mahindra and Mahindra (M&M), which is set to start bookings for the new electric vehicles BE6 and XEV 9e from February 14, aims to sell 5,000 units of these EVs per month in the initial phase of the launch.

Auto retail sales decline 12% in December

Despite 2024 seeing the highest-ever automobile retail sales with a 9 per cent growth compared to 2023, December played spoilsport for the sector with total retail sales declining by 12 per cent compared to the corresponding period last year.

MHI backs Siam for GST cut on CNG 2Ws

Petroleum ministry pushes for tax reduction on CNG cars

Cracking open bhujia empire: Haldiram's snack biz stirs global investment appetite

Global private equity investors have been eager for a piece of Haldiram's for a while, and finally, the family has taken the first step towards parting with a portion of the company, which commands a dominant share in the Indian savouries market.

DPDP Rules May Be Refined to Protect Children: Vaishnaw

Rules will be refined further to connect children with technology while saving them from harms in the digital space, Union minister Ashwini Vaishnaw said on Tuesday.

Vi planning phased 5G rollout with new tariff plans this year: CEO

Vodafone Idea (Vi) chief executive officer Akshaya Moondra said the beleaguered telco is preparing for a phased rollout of 5G and launching tailored \"first-of-their-kind tariff plans\" for customers this year.

IT firms may post better revenues for Q3

Optimism on revenue growth based on projected improvement in technology spending in CY25

Funding crash, layoffs shift edtech's focus on innovation, governance

The Indian edtech sector faced a turbulent 2024, marked by leadership exits, mass layoffs, and restructuring efforts.

FY25 GDP growth may slip to four-year low of 6.4%

Falls short of RBI estimate; better showing in agri and manufacturing expected in H2

Temasek nears deal to buy 10% in Haldiram's

Snack brand valued at $10 bn

$3 bn in 2 yrs: Microsoft's bet to make 'India AI-first'

Microsoft Chairman and Chief Executive Officer (CEO) Satya Nadella on Tuesday announced the technology major's plans to invest $3 billion in India over the next two years, its biggest ever in the country, to expand its Azure Cloud and artificial intelligence (AI) capacity and boost skilling initiatives.

YouTube remains the crown jewel of India's video-streaming market

YouTube remains the largest video streaming service in India with ₹14,300 crore in revenue. Meta, JioStar, and Netflix come next.

THE LONG ROAD TO DATA PROTECTION

The DPDP Act comes with a long gestation period. What does that mean for its efficacy?

Tata Punch tops '24 sales charts, ends Maruti's 40-year reign

For the first time in four decades, a non-Maruti Suzuki India car has topped the list of India's best-selling cars. In 2024, the Tata Punch, a sub-compact sport utility vehicle (SUV), became the highest-selling vehicle by delivering 202,030 units.

Isro marks milestone as cowpea seeds take root in space

Cowpea seedlings onboard PSLV-C60 POEM-4 module sprout their first leaves in space, signifying a milestone in space-based plant research, Isro said on Monday.

India reports 5 HMPV cases; govt says no need to panic

India on Monday reported at least five cases of Human Metapneumovirus (HMPV), which causes respiratory illness and was recently identified in China and Malaysia.

US 30-Year Bond Yield Highest Since 2023

US Treasuries slumped, lifting the yield on 30-year bonds to the highest since late 2023, as a rattled market prepares for $119 billion of fresh government debt issuance this week.

Indian Bond Index Inflows May Lag Estimates: Morgan Stanley

Indian bonds included last year in a key global benchmark will fail to draw as much money as previously estimated, according to Morgan Stanley.

Select factor fund based on conviction, risk appetite

Ajay Singh (name changed on request), a 35-year-old Noida-based lawyer, plans to invest in factor (or smart-beta) funds in 2025.