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HUL profit rises by 19.5% on Pureit sale
THE NET PROFIT (excluding the exceptional item) stood at ₹2,492 crore, down 1.07% compared to last year.
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.
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.
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.
RBI's dollar sales may net govt big dividend
IDFC FIRST Bank estimates ₹2 lakh crore of payout by the RBI while QuantEco pegs the dividend at around ₹1.5 lakh crore for the current fiscal
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.
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.
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
Urban demand slump hits HUL
SHIFT HAPPENING TO SMALL PACKS IN CITIES, SAYS COMPANY
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.
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 subscribers loss, according to data by the Telecom Regulatory Authority of India (Trai).
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.
Relief to Mauritius Investors as CBDT Clarifies New Rule
No 'principal purpose test' for tax waiver on pre-FY18 investments
In message to China, Quad talks of open Indo-Pacific
NEWLY APPOINTED US secretary of state Marco Rubio raised the issue of \"irregular immigration\" in his very first meeting with external affairs minister S Jaishankar in Washington DC on Wednesday.
India's 'year of reforms' in defence
A close engagement between the private industry and govt is critical to achieve a robust policy along with adequate budgetary allocations in 2025
Race for AI dominance
Stargate is part of US-China tech battle, but India should also look at foundational AI development
Bad loans weigh on HDFC...
The private lender witnessed a marginal growth in loans as its gross advances rose 3% on the year to ₹25.43 lakh crore
Trump's $500-billion AI odyssey
Stargate signals US intent to lead the global AI race
Bids for mega Vadhvan port project likely by September
BIDS FOR THE development of core infrastructure like offshore land reclamation under public-private partnership (PPP) are likely to be called before September for the all-weather greenfield deep major port in Maharashtra's Vadhvan, a key piece of the India-Middle East-Europe Economic Corridor, sources said.
GCCs Transform to Innovation Hubs in India
ACTIVISTS PUT OIL AND EMISSIONS IN SPOTLIGHT
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.
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.
IT shares drive Sensex, Nifty
Sell-off in broader markets continues, mid- and small-cap indices plunge
HDFC Bank Aims to Bring CD Ratio Down to Pre-merger Level Within Two Years
HDFC Bank will take a couple of years to bring its credit-deposit (CD) ratio down to the pre-merger level of below 90%.
Let there be truce: Realtors to Lodhas
PROMINENT REAL ESTATE developers and brand experts have called for an amicable resolution to the legal dispute between the Lodha brothers, Abhishek and Abhinandan, regarding the use of their family name in business.
OpenAI CFO: Musk shouldn't use legal challenges to compete
OPENAI CHIEF FINANCIAL Officer (CFO) Sarah Friar characterized Elon Musk's legal challenge to stop the ChatGPT maker from becoming a for-profit company as competitive maneuvering.
DPDP Act will be outdated before it's passed
The Act targets entities which are complex adaptive platforms that have embedded AI in their processes. To expect them to adhere to static regulations is a mistake
Tech sector's talent model seen evolving: Infosys CTO
INFOSYS EXPECTS THE way the tech industry manages talent to shift and has already begun experimenting with how this transformation will occur, its chief technology officer Rafee Tarafdar said in an interview.
Banks run Trump 'war rooms' as bosses prepare for trade ructions
JPMORGAN CHASE & Co bankers worked through the night in a \"war room\" to assess the impact of US President Donald Trump's inauguration-day executive orders, while global markets braced for volatility following his return to the White House.
Puri Sees Chances of Higher US Oil Imports
THE US is currently producing around 13 million barrels of oil per day and is likely to add 1.4 million-1.5 million barrels a day into production in the short run.