CATEGORIES

Muthoot family donates 60 cents of land for construction of Church in Kodungallur

In a significant gesture of faith and community service, the Muthoot family has donated 60 cents of prime land near the Periyar River in Kodungallur to the Malankara Orthodox Syrian Church.

Sebi orders Kirloskar Oil to disclose promoters' family settlement deed

The Securities and Exchange Board of India on Monday asked Kirloskar Oil Engines Ltd to adhere to listing regulations and disclose to exchanges the Sep 2009 deed of settlement entered into amongst members of Kirloskar family.

India's CAD Projected at 1% of GDP for FY2025: CRISIL

India's current account deficit (CAD) is to remain in a safe zone at approximately 1 per cent of GDP for fiscal 2025, up from 0.7 per cent in the previous year, according to a report by CRISIL.

After Rough Ride in 2024, Indian Startups Look for a Promising New Year

The Indian startup ecosystem experienced a rollercoaster ride in 2024, characterized by a slight-yet-concerning decline in funding activity and a shift in investor sentiment, alongside a silver lining with several startups achieving unicorn status.

₹1,500 cr to be transferred to ITC for growth & contingency requirements

Demerger of ITC's Hotel Business would come into effect from January 1, 2025, and the record date for shareholders will be January 6, 2025.

India at High Table of Clean Energy Superpowers With Over 200 GW Capacity

As barren arid land gets covered with solar panels and giant windmills dot the coastline, India made it to the high table of clean energy superpowers with installed capacity crossing 200 gigawatts and projections of investment doubling to over USD 32 billion in 2025.

NABFID invests ₹745 crore in NDR InvIT's long-term bonds

The National Bank for Financing Infrastructure and Development (NABFID) has invested Rs 745 crore in long-term bonds issued by NDR InvIT, the company said on Tuesday.

India Emerges as a Global Leader Across Key Sectors in 2024

The year 2024 marked a pivotal year for India, showcasing its dominance in pharmaceuticals, biotechnology, defence, nuclear energy, space, infrastructure, and emerging technologies like quantum computing, AI, and blockchain.

The road ahead: Quality construction and maintenance of highways

After constructing a record 56,700 km of National Highways (NHs) in the country in the last 10 years, the road transport and highways ministry will shift focus on quality of construction and maintenance of NHs in 2025.

Reliance Spends $13 Billion on Acquisitions in 5 Years

Billionaire Mukesh Ambani's Reliance Industries Ltd has spent USD 13 billion on acquisitions in the past five years across new energy, telecom, retail and media business to script a pivot away from core oil and petrochemicals business to clean energy and consumer-facing verticals.

NSO Begins Process to Empanel Survey Institutions

This initiative aims to enhance NSO's capacity to carry out a wider range of surveys across different sectors

CCI Seeks More Info From Complainant on Allegations Against Quick Commerce Cos

The Competition Commission, which has received a complaint of anti-competitive practices against quick commerce companies, is waiting for more information on the allegations from the complainant before taking a decision on the matter.

Gilts end up on fall in US yields, FPI buying at month-end

Prices of government bonds ended higher on Tuesday due to a sharp fall in US Treasury yields following lower-than-expected US economic data.

CBDT Extends Deadline for Revised ITR to January 15

The last date for filing an Income Tax Return (ITR) for the financial year 2023-24 was July 31, and for those who could not, the time was for filing a revised ITR with late fees was December 31, but now, the Central Board of Direct Taxes has extended this deadline to January 15.

FPI net inflows fall 99% in 2024 to ₹2026 cr from ₹1.71L cr in 2023

NEW DELHI

Mkts decline in final session, close 2024 with over 8% gains

Falling for second straight day, the Sensex declined 109.12 points or 0.14 per cent to settle at 78,139.01

NPCI Removes UPI User Onboarding Limit for WhatsApp Pay

The National Payments Corporation of India (NPCI) on Tuesday removed the unified payments interface (UPI) user onboarding limit for WhatsApp Pay with immediate effect.

Interest Rates on Small Savings Schemes Remain Unchanged for Q4FY25

The government on Tuesday left the interest rates unchanged on various small savings schemes, including PPF and NSC, for the fourth straight quarter beginning January 1, 2025.

Household debt rising but relatively low compared to other EMEs

The Reserve Bank of India (RBI) has highlighted that while household debt in India has been on the rise over the past three years, it remains relatively low compared to other emerging market economies (EMEs).

Fiscal Deficit for April-Nov Accounted for 52.5% of Target

Govt Aims to Bring Fiscal Gap to 4.9% of GDP in Current Financial Year

Sebi Releases Guidelines for MF Lite Framework

The Securities and Exchange Board of India on Tuesday released the Mutual Fund Lite framework for passively managed schemes of mutual funds, which will come into effect from Mar. 16.

Core sector growth rises to 4-mth high of 4.3% in Nov

For the first 8 months of FY25, core sector growth stood at 4.2% compared to 8.7% in the corresponding period of FY24

Rupee falls 12 paise to all-time closing low of 85.64 per USD

The rupee depreciated 12 paise to close at a fresh record low of 85.64 against the US dollar on Tuesday, ending the year with a sharp 3 per cent loss on significant foreign fund outflows and a strong greenback in global markets.

CM Extends New Year Wishes to People

Chhattisgarh Chief Minister Vishnu Deo Sai has extended his heartfelt congratulations and best wishes to the people of Chhattisgarh for the New Year 2025.

Cong Criticizes Over Deteriorating Law and Order

The Chhattisgarh Congress has sharply criticized the Chief Minister Vishnu Deo Sai-led Bharatiya Janata Party (BJP) government for the declining law and order situation, and questioned the government for the cold-blooded murder of two youths in the state capital on the intervening night of December 30-31.

Raid Recovers 2,500 Kg Adulterated Cheese in Factory

offgrid

Fly Big Airlines Expands Inter-City Flights

In a move to promote air travel in Chhattisgarh, Fly Big Airlines has expanded its air service between Raipur, Bilaspur, and Ambikapur.

A Strong Anti-Conversion Law Is Needed to Save Hindus: Prabal Pratap Judeo

651 families return to the Sanatan Dharma in Sakti district

Politics Heats Up Over Duty Imposition

Visit of Mohan Bhagwat | Ex-CM questions arrangements

2 Arrested for Planning to Supply MD Drugs to Youths for New Year Parties

Drugs worth Rs 2 lakh, a bike recovered from the accused