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Food, fertiliser and LPG subsidies may be raised

THE GOVERNMENT IS likely to raise spending on food, fertiliser, and cooking gas subsidies to ₹4.1 lakh crore in the next fiscal year, sources said, a moderate 8% year-on-year increase to cover higher food and energy costs.

Zypp Electric set to double fleet this yr

The expansion will also involve increasing the number of driver partners from 22,000 to 50,000

Bad loans weigh on HDFC Bank's Q3

HDFC BANK on Wednesday announced a 2% year-on-year rise in net profit to ₹16,736 crore for the December quarter, impacted by a rise in bad loans and slowing growth in advances. The profit was in line with analyst estimates.

India Inc Dec hiring at 12-month high

HIRING BY CORPORATE India rose to a 12-month high annual rate of 31% in December 2024, in what signaled a surge in job openings in the formal sector, according to data released by foundit Insights Tracker.

Rupee rises 23 paise to 86.33, bias negative

THE RUPEE APPRECIATED 25 paise to close at 86.33 against the US dollar on Wednesday, supported by positive domestic equities and softening of the dollar index.

Trump Announces $500 Billion Investment in AI Infrastructure

Project Stargate to create more than 100,000 jobs

CAG red flags expenses by firm behind RRTS

A DRAFT AUDIT by the Comptroller and Auditor General (CAG) has found that the National Capital Region Transport Corporation (NCRTC) gave its executives undue benefits worth ₹39 crore in the form of vehicle expenses and payment for staff engaged at their residences for official work.

BSNL witnesses subscriber loss after 4 months in Nov, Jio adds

STATE-OWNED Bharat Sanchar Nigam (BSNL), which was seen gaining mobile users after tariff hikes by private telecom operators in July last year, has now started seeing subscriber loss, according to data by the Telecom Regulatory Authority of India (Trai).

India's non-fossil fuel-based capacity hits 218 GW-mark

INDIA'S TOTAL NON-FOSSIL fuel-based capacity has touched the level of 217.62 gigawatt (GW) as of January 20, an official statement said on Wednesday.

H-1Bs fill key skills gap: Nasscom

NASSCOM ON WEDNESDAY said H-1B visas have nothing to do with immigration issues and instead fill critical skills gap in the US, as the apex industry body asserted that technology will be the \"lynchpin\" of US economic growth, triggering continued need for \"win-win partnerships\" between companies on both sides.

Urban demand slump hits HUL

SHIFT HAPPENING TO SMALL PACKS IN CITIES, SAYS COMPANY

'Skyrocketing' airfare, lack of tariff regulation dominate PAC meeting

CONCERNS OVER \"SKYROCKETING\" airfare and \"little action\" by government agencies and regulator dominated the Parliament's Public Accounts Committee (PAC) meeting on Wednesday as several MPs sought accountability from private airport operators and airlines to provide relief to passengers.

Healthcare Gets Tech Booster Dose

AI, ML and IoT can make healthcare more inclusive

Netflix posts a record quarter thanks to sports, 'Squid Game'

NETFLIX CLOSED 2024 with its biggest quarterly subscriber gain in history, buoyed by its first major live sporting events and the return of Squid Game.

IT rally aids Sensex, Nifty rebound

A SMART RALLY in information technology shares on Wednesday helped the benchmark indices rebound from a seven-month low they had hit on Tuesday.

Assam Holds Roadshow for Investors in Bengaluru

As many as 200 companies from India's high-growth sectors such as energy, infrastructure, semiconductors, textiles, IT-ITeS, and electronics have explored investment opportunities in Assam at an investors' roadshow held here recently.

J&J Tops Q4 Profit Estimates on Cancer Drug Sales

JOHNSON & JOHNSON (J&J) notched higher-than-expected fourth-quarter earnings on strong sales of its cancer medicines that helped offset the fade of an older blockbuster.

RBI's dollar sales may net govt big dividend

THE FALLING RUPEE may still have a silver lining for the government.

Europe must be prepared for Trump tariffs, says Lagarde

EUROPE MUST \"BE prepared\" and anticipate the potential Trump 2.0 tariffs, European Central Bank (ECB) president Christine Lagarde told CNBC on Wednesday.

Govt to seek views on making auto expo annual affair

BHARAT MOBILITY GLOBAL Expo 2025 came to a close on Wednesday after witnessing around 200 product unveils across automotive, components and technology, with the government planning to seek industry views to make it an annual affair.

BPCL sets FY26 capex target at ₹19,000 crore

State-owned Bharat Petroleum Corporation Ltd (BPCL) which recorded a 19.6% jump in its consolidated profit for the third quarter of FY25 has revised its capex target for the current fiscal year upwards from ₹13,000 crore to ₹16,000 crore and set the goal for 2025-26 at around ₹19,000 crore.

PE/VC bets grow 5% to $56 bn last year; 2025 may be tough

INVESTMENTS BY THE private equity and venture capital industry grew 5% to $56 billion in 2024, after declining for two consecutive years, a report said on Wednesday.

Stargate: A Wake-Up Call for India to Act Fast on AI Autonomy

US President Donald Trump's announcement of the $500-billion Stargate project to build AI infrastructure is, experts say, a wake-up call for India to urgently advance its efforts toward achieving self-reliance in the artificial intelligence (AI) sector.

GCCs Transform to Innovation Hubs in India

ACTIVISTS PUT OIL AND EMISSIONS IN SPOTLIGHT

Interest rate cut will spur demand for home loans

An interest rate cut will spur demand for home loans, Girish Kousgi, managing director and CEO, PNB Housing Finance, tells Anupreksha Jain. The focus is more on smaller cities than the metros as the housing finance company has exited super prime segments, Kousgi adds. Excerpts:

Trump's $500-billion AI odyssey

Stargate signals US intent to lead the global AI race

Race for AI dominance

Stargate is part of US-China tech battle, but India should also look at foundational AI development

Retail space leasing in malls falls 10% in 2024

Leasing of retail spaces in shopping malls and high streets fell to 6.4 million sq ft last year in top eight cities, from 7.1 million sq ft in 2023

At Least 12 People Killed in Maha Train Accident

Run over by another train on adjacent tracks

Sebi Seeks Comments on Plan for Small-Ticket SIPs by Feb 6

The Securities and Exchange Board of India (Sebi) has sought responses to its 'small-ticket systematic investment plan', or the ₹250 SIP, proposing that a part of the cost, incurred by asset management companies (AMCs), along with certain incentives, be compensated from the Investor Education and Awareness Fund.