CATEGORIES

IGX Expects to Receive Nod for Long-Duration Contracts Soon

THE INDIAN GAS Exchange (IGX) is planning to launch long-duration contracts of 3-6 months on its platform and is expecting the petroleum ministry's nod soon, its managing director and chief executive officer Rajesh Mediratta said on Friday.

Factory production grows at six-month high of 5.2% in Nov

INDIA'S INDUSTRIAL OUTPUT in November expanded at 5.2%, the highest pace in six months, on the back of a sharp uptick in manufacturing, according to data released by the government on Friday.

Dec tax devolution to states at ₹1.73 lakh cr

TO ACCELERATE SPENDING by states amid a moderation in the public capital expenditure, the Centre on Friday released ₹1.73 lakh crore in tax devolution to states for January as against the monthly devolution of ₹89,086 crore for December.

Climate-resilient farming likely to get funding boost

The coming Budget is likely to announce several incentives aimed at boosting the availability of climate-resilient seed varieties, especially in cereals, pulses and oilseeds, besides aiming to promote agricultural practices like natural farming for reduction of chemical fertiliser usage, official sources said.

New classification may ease approval for medical devices

THE CENTRAL DRUGS Standard Control Organisation's draft rules for re-classification of medical devices based on their risk profile has received wide support from the industry, as it will allow centralised and faster approval of high-risk equipment.

Outrage over L&T chief's hard work talk

90-HOUR WORK WEEK DEBATE

How Maha Kumbh is a pitching ground for brands

WITH 400 MILLION people in attendance, and manifold eyeballs on it, the Maha Kumbh is gargantuan not only in human presence, but in business opportunity as well.

E-gaming firms get big SC relief on over ₹1L-cr GST notices

THE SUPREME COURT on Friday stayed show-cause notices issued by GST authorities worth over ₹1 lakh crore to online gaming companies and casinos over an alleged tax evasion.

Sebi in favour of doubling floor for FPI disclosures

IN A MOVE that will bring relief to foreign portfolio investors (FPIs), the Securities and Exchange Board of India (Sebi) has proposed a doubling of the additional disclosure threshold for FPIs with an exposure of ₹25,000 crore.

Bigger capex loans to states

50-YEAR FACILITY SEEN TO BOOST PUBLIC INVESTMENTS

Trump tariffs: Auto suppliers rethink production plans

Trump has vowed to impose a blanket tariff of 10% on global imports into the US and a 60% tariff on Chinese goods

Chants meet chatbots at this year's Maha Kumbh

FROM INFORMATION TO SECURITY, AI TO BE MAJOR MOVER AT THE MEGA EVENT

Premium online video market to double by 2028: Report

INDIA'S PREMIUM ONLINE video market, valued at $1.7 billion in 2023, is projected to nearly double by 2028, solidifying its position as one of the fastest-growing over-the-top (OTT) markets globally, according to the Asia Video Industry Report 2025.

Meta's fact-checking snub in US alarms India

AS META ANNOUNCED the end of its third-party fact-check programme in the US, a move that is being seen as the company reorienting itself for the new Trump era, a palpable sense of panic has gripped fact-checkers in India.

Taliban Urges India to Ease Visa Process

HOURS AFTER INDIA and Taliban-ruled Afghanistan held their first high-level meeting, the Taliban announced that they had urged Delhi to issue visas to Afghan businessmen, patients, and students.

Hollywood Hills burn as big blaze engulfs LA

THE HOLLYWOOD HILLS blazed uncontrollably on Thursday morning as the worst wildfires in the history of Los Angeles raged across the city and deep into the storied heartland of the American film industry.

Hush money: Court rejects Trump bid to delay sentencing

NEW YORK'S TOP court rejected on Thursday Donald Trump's request to halt the president-elect's sentencing for his conviction on criminal charges stemming from hush money paid to a porn star, with a decision on a possible delay now in the hands of the President-elect Donald Trump's request.

Musk Held Talks on Ways to Oust UK's PM Before Polls: Report

BILLIONAIRE ELON MUSK has held private discussions with allies about removing British Prime Minister Keir Starmer from his position before the next general election, the Financial Times reported on Thursday.

Biden to further limit Nvidia AI chip exports in final push

PRESIDENT JOE BIDEN'S administration plans one additional round of restrictions on the export of artificial intelligence chips from the likes of Nvidia just days before leaving office, a final push in his effort to keep advanced technologies out of the hands of China and Russia.

Apple defends Siri after $95-million settlement

APPLE CLARIFIED ON Wednesday that it has never sold the data collected by its Siri voice assistant or used it to create marketing profiles, just days after settling a case in which it faced such accusations.

China consumer prices weaken further, add to deflation worries

CHINA'S CONSUMER INFLATION weakened further towards zero, decelerating for a fourth straight month, in a setback for government efforts to stamp out deflation and revive demand with economic stimulus.

Cricket fatigue crimps WPL ad spending

But IPL could change the plot with ad rates expected to increase

US-China tech break-up is a race to the bottom

A messy, ongoing tech break-up between the US and China is forcing a rethink about what the industry might look like for consumers in a decoupled world.

Time to turn to currency options

US equities are not a good bet at this point. This could turn into a blessing for the rupee, if investors turn their attention to other markets

Make groundwater sustainable

BY SCALING UP EFFORTS, STATES CAN SAFEGUARD RESOURCES, ENHANCE AGRI-PRODUCTIVITY

Start-up travails

Scaling up has seen many hurdles; sharp decline in seed-stage funding complicates things further

Indices Tumble Nearly 1%

EQUITY BENCHMARK INDICES Besides, abysmally-low Chinese inflation data, an indication of poor demand, and a sell-off in US bonds added to the pressure, traders said.

Rupee NDF volume surges on arbitrage

THE TRADING VOLUME in dollar-rupee non-deliverable forwards (NDF) at India's offshore finance hub soared to a record high in December as banks and companies lapped up arbitrage opportunities amid a worsening outlook for the rupee.

High court clears way for Religare AGM, Burmans' open offer

THE MADHYA PRADESH High Court on Thursday lifted the stay on Religare Enterprises annual general meeting (AGM) as well as the Reserve Bank of India (RBI)'s approval for Burmans' open offer to acquire an additional 26% stake in the company.

Credit market may see more volatility: Ind-Ra

Liquidity situation in the banking system is expected to improve in the fourth quarter, driven by an increase in government spending, said India Ratings and Research.