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In the grey zone

Meta's fact-check roll-back can upend contextual ads

Small tea growers for curbs on substandard imports

SMALL TEA GROWERS (STGs) have urged the Union commerce ministry to take steps to curb import of substandard crop from countries like Kenya and Nepal and protect the domestic industry.

IT Counters Lead Gains in Indices

The equity indices closed higher on Thursday, led by IT stocks on optimism over the rise in artificial intelligence (AI) spending in the US, while worries over earnings moderation and US tariffs capped gains.

IRCTC teams up with ITC, Tata Group, Harvest Gold to revamp food catering

Refurbishing Refreshments

Cloud, GCCs key digital economy drivers: MeitY report

THE CLOUD MARKET and global capability centres (GCCs) are among the fast-growing segments of India's digital economy which is expected to drive a fifth of national GDP by 2030, a report by MeitY has said.

HDFC Bank expects improved CASA ratio with easing in rates

HDFC BANK EXPECTS its current account savings account (CASA) ratio to improve as interest rates are likely to soften, Sashidhar Jagdishan, managing director and CEO, said in an analyst call on Thursday.

Economic Fragmentation: Global GDP Could Drop by Up to $5.7 Trillion

GROWING GEO-ECONOMIC FRAGMENTATION can decrease global GDP by up to $5.7 trillion, giving it a bigger blow than the financial crisis of 2008 or the Covid pandemic, the Navigating Global Financial System Fragmentation report showed on Thursday.

Mphasis posts modest Q3 revenue growth

MPHASIS REPORTED A sequential revenue growth of 0.8% to ₹3,561.3 crore and a net profit of ₹427.9 crore, up 1.1%, for the quarter ended December.

Oil buyers pull all levers to replace Russian imports

OIL REFINERS ARE reaching for all available options in the rush to make up for Russian flows hit by Washington's latest round of sanctions, turning to the spot market while simultaneously seeking more long-term supplies from West Asian producers.

Deposits lag credit growth in fortnight to January 10

Banks' deposits lagged credit growth for the fortnight ended January 10, according to the latest data released by the Reserve Bank of India.

NCLAT Stays CCI's 5-Year Antitrust Ban

Directs Meta to Deposit 50% of ₹213-Cr Penalty

Ujjivan SFB Q3 profit slumps 64% to ₹109 cr

UJJIVAN SMALL FINANCE Bank on Thursday reported a 64% decline in its net profit to ₹109 crore for the third quarter amid a spike in bad loan provisions and higher interest expenses.

New probe ordered into Foxconn hiring

NHRC FAULTS LABOUR OFFICIALS FOR LAX INQUIRY

Rupee falls 13 paise tracking Asian peers, dollar demand

THE RUPEE ENDED 13 paise down against the dollar to 86.46 on Thursday due to a decline in the most regional currencies and demand for dollars from foreign banks, said forex traders.

Maruti Suzuki cars to cost more from Feb 1

MARUTI SUZUKI INDIA on Thursday said it will hike prices by up to ₹32,500 across various models from February 1 to partially offset the rise in input costs.

UltraTech Cement Q3 profit at ₹1,473.51 cr; stock surges 7%

ADITYA BIRLA GROUP firm UltraTech Cement on Thursday reported a consolidated net profit of ₹1,473.51 crore for the third quarter ended December 31, 2024.

Amazon Web to invest $8.3 billion

I AM PLEASED to announce the signing of a landmark MoU with Amazon Web Services (AWS), one of the foremost hyperscalers in the world.

Package likely to ramp up pulses & oilseeds output

Govt keen to rein in imports of these items by boosting domestic production

AI, Gen AI, & ML Models Power Wealthtech Platforms

The wealth management landscape is undergoing a change as wealthtech startups leverage cutting-edge technologies such as artificial intelligence (AI), machine learning (ML), and generative AI (GenAI).

Retail space leasing in malls falls 10% in 2024

Leasing of retail spaces in shopping malls and high streets fell 10% last year to 6.4 million sq ft across eight major cities due to supply constraints, from 7.1 million sq ft in 2023, according to CBRE.

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.

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.

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

India open to deals as US tariff looms

\"THE MINISTRIES WILL have to evaluate possible actions. They will then put their minds together. We will wait for any action originating (from the US),\", an official said.

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

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.

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.

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.

IT shares drive Sensex, Nifty

Sell-off in broader markets continues, mid- and small-cap indices plunge

Air traffic rises to 161 mn in 2024

● Airlines are expanding their fleet, networks