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First trade data review since 2011 likely
IT COULD BE a throwback to 2011 for the commerce ministry as it is having a relook at gold import data for November.
DoT asked to diversify revenue streams
THE STANDING COMMITTEE on communications and information technology has asked the department of telecommunications (DoT) to diversify its revenue streams from the telecom sector to increase the government's revenue without burdening the industry excessively.
UK PM hosts Indian business leaders to boost investments
UK PRIME MINISTER Keir Starmer hosted a delegation of 13 Indian companies at 10 Downing Street in London, with the British government describing it as a \"curated visit\" to enhance bilateral partnership and boost investments.
'EV market to touch ₹20L cr by 2030'
Has potential to create 50 million jobs, says Nitin Gadkari
Adani did not remit savings from India tax break it got: Bangla govt
BANGLADESH'S INTERIM GOVERNMENT has accused Adani Power of breaching a multi-billion-dollar energy supply agreement by withholding tax benefits that a power plant central to the deal received from New Delhi, according to documents seen by Reuters.
Road assets in InvITs to soar 70% in FY26
ASSETS UNDER MANAGEMENT (AUM) of infrastructure investment trusts (InvITs) in the road sector are poised to surge to ₹3.2 lakh crore by the end of 2025-26 from ₹1.9 lakh crore in September this year, according to a report by Crisil Ratings.
Niti suggests dormitory beds for factory workers at ₹2,000 a month
WITH INDIA REQUIRING 25 million beds for industrial workers in the next decade, a Niti Aayog report on Thursday suggested lower property tax, power and water tariffs to provide dormitory beds at an affordable cost of ₹2,000/month under the public-private partnership (PPP) model near factory sites.
Health insurance cover for OPD expenses to rise, says official
MORE HEALTH INSURANCE companies would start offering insurance cover on outpatient department (OPD) expenses, said Kiran Gopal Vaska, joint secretary and mission director (Ayushman Bharat Digital Mission) at the National Health Authority (NHA).
Highway infra trust to raise ₹15,000 cr; halts bond sale plan
The National Highways Infrastructure Trust (NHIT), promoted by the National Highways Authority of India (NHAI), will raise around ₹15,000 crore through a mix of debt and equity for acquisition of the next round of assets in the next two months, a senior official said.
MARKETS FED UP
Forecast of fewer rate cuts pulls down indices | Rupee breaches 85; bond yields up 4 bps
Unregulated lenders could face up to 10 yrs in prison
DRAFT BILL FLOATED
Curb subsidies to build critical infrastructure, RBI tells states
Says too many central schemes undermine cooperative federalism
Free healthcare for senior citizens: Kejriwal
AHEAD OF DELHI Assembly elections next year, AAP national convener and former CM Arvind Kejriwal announced that all citizens of Delhi aged above 60 will get free medical care in government and private hospitals if his party returns to power.
US announces H-1B visa overhaul, Indian techies to benefit
THE US GOVERNMENT on Wednesday announced major reforms in its popular H-1B visa programme, a move that is expected to help thousands of Indian tech professionals.
'Had fun but it's time': Ashwin bows out of internationals with shock retirement call
RASHWIN STOOD IN the corridor outside the press conference room after the third Test ended in a draw. Captain Rohit Sharma, walking just ahead of him, gestured to the waiting journalists. \"Sab pata chalega abhi (everything will be known now),\" he said with a laugh, perhaps in reference to the buzz in the press box and on social media about the possible retirement of a \"big player\".
Navy boat hits ferry off Mumbai coast, 13 dead
A PRIVATE FERRY, carrying more than 110 passengers to Elephanta Island off Mumbai coast, capsized after a Navy speedboat crashed into it on Wednesday. At least 13 people were killed in the incident, officials said, adding that the rest have been rescued.
Sebi tightens SME IPO rules
Sebi also cleared the review of merchant bankers, custodians, and provisions for high-value debt-listed entities (HVDLE) by increasing the threshold for identification of HVDLE from ₹500 cr to ₹1,000 cr, aligning it with that of large corporates, and introduced a sunset clause governing corporate governance of debt-listed securities.
Opposition seeks Shah's resignation
PM defends HM; slams Cong & its 'rotten ecosystem'
Enhancing customer journey in the cloud
ORACLE has created Customer Success Services (CSS) to provide comprehensive support for customers using its cloud tools.
US announces H-1B visa overhaul, Indian techies to benefit
TO TAKE EFFECT IN MID-JANUARY
Moving beyond conventional tech
AI offers a wide range of benefits for SMEs
Drones deliver new hope to farmers
Aerial tech enhances farming efficiency, can tackle workforce woes
Placing Indian agriculture on the global map
Farmer producer organisations should be supported per their requirements, which currently are know-how about international standards and scaling
Board Observers in the spotlight
AT PRESENT, RBI DOES NOT SEE ANY MIDDLE GROUND FOR NBFC INVESTORS ACTING AS OBSERVERS
Walmart has a tough battle ahead in India
E-COMMERCE IN INDIA is a political and regulatory minefield. US consumer giant Walmart Inc. — which has been waiting to launch the much-anticipated initial public offering of the online marketplace it acquired for $16 billion six years ago — has had its patience tested.
Acting with restraint
Overall, regulators have done a competent job, but they need to work on lack of transparency and overreach
China's billionaires are making money for the first time since 2020
CHINA'S BILLIONAIRES ARE slowly starting to recover their wealth after three years of losses from a property crisis and Xi Jinping's push for common prosperity at the expense of powerful private business owners.
Americans view Musk, Trump as roughly the same, finds poll
ELON MUSK, CLAD in tuxedo and black tie, took the stage at President-elect Donald Trump's Mar-aLago resort shortly after the election with all the swagger of the winning candidate himself.
Biden admin to investigate Chinese semiconductors
PRESIDENT JOE BIDEN'S administration is set to initiate a trade investigation into Chinese semiconductors in the coming days, as part of a push to reduce reliance on a technology that US officials believe pose national security risks.
Guardian's Observer, oldest Sunday paper, sold to Tortoise Media
The owner of Britain's Guardian newspaper confirmed on Wednesday that it has sold The Observer, the world's oldest Sunday newspaper, to Tortoise Media for an undisclosed fee.