CATEGORIES

Pak's 'largest' nuclear plant gets green nod

PAKISTAN IS SET to construct its largest nuclear plant for electricity generation after the country's atomic energy regulatory agency issued the licence for it.

South Korea Orders Airline Safety Probe After Worst Domestic Crash

SOUTH KOREA'S ACTING President Choi Sang-mok on Monday ordered an emergency safety inspection of the country's entire airline operation as investigators worked to identify victims and find out what caused the deadliest air disaster on South Korean soil.

Jimmy Carter, former US prez and Nobel winner, dies at 100

EGYPT-ISRAEL PEACE WAS HIS TOP DIPLOMATIC ACCOMPLISHMENT

Musk trying to influence our election: Germany

THE GERMAN GOVERNMENT accused US billionaire Elon Musk on Monday of trying to influence its election due in February with articles supporting the far-right Alternative for Germany (AfD) party, even though it suggested they amounted to \"nonsense\".

US Announces $6 Billion in Additional Military Assistance to Ukraine

THE UNITED STATES ON Monday announced nearly $6 billion in additional military and budget assistance for Ukraine as President Joe Biden uses his final weeks in office to surge aid to Kyiv before President-elect Donald Trump takes power.

AI Becoming Ingrained in Biz Across Industries

As artificial intelligence continues to grow at a rapid pace, more and more businesses are grappling with how to adapt both quickly and responsibly.

SME IPOs Continue to See High Retail Interest

Retail investors in the country are increasingly placing their bets on small and medium enterprises (SME) IPOs rather than mainboard issues.

Jefferies' Chris Wood trims 4 stocks to bet on HDFC Bank

GLOBAL INVESTMENT FIRM

Omkara AMC acquires ₹750-cr stressed assets

OMKARA ASSET RECONSTRUCTION Company, which has gross assets under management (AUM) of nearly ₹16,000 crore, has acquired stressed assets worth ₹750 crore from two entities, comprising a total of over 4,000 retail accounts.

Rupee remains steady on likely RBI intervention

The rupee remained largely steady on Monday on likely intervention by the Reserve Bank of India (RBI), ending the day at 85.54 against the dollar.

Monday blues: Benchmark indices close in the red

IT WAS A ROLLER-COASTER ride for the benchmark indices on Monday.

10-Year G-Sec Yields May Ease to 6.60% by Mar: Tata AMC

The yield on the 10-year benchmark is expected to fall to 6.60% by the end of March and could fall further to 6.50%, Akhil Mittal, senior fund manager-debt at Tata Asset Management, told FE.

Flyers left in the cold as delays surge

More than 2.39 million passengers were directly affected by delays in the first 11 months of the year, a 27% increase compared to the same period in 2023.

Healthcare sector to touch $320 billion by 2028: Report

INDIA'S HEALTHCARE SECTOR is expected to reach $320 billion by 2028, said a report by 'Great Place to Work'.

Reliance seeks premium for KG block oil

Quality Surcharge

Growing regulatory scrutiny awaits e-commerce firms

KEY CHANGES SET TO RESHAPE OPERATIONAL LANDSCAPE

BII Revises Investment in Mahindra's EV Firm

UK-BASED INVESTOR British International Investment (BII) and Mahindra & Mahindra (M&M) have mutually agreed for a downward revision of former's investment into M&M's electric vehicle making company.

IT Firms May Face Cost Hikes With H-1B Overhaul

Visa changes unlikely to become more restrictive

Adani Green Energy's CEO Amit Singh to step down

ADANI GREEN ENERGY'S chief executive officer Amit Singh will step down to take up the role of the chief of the international energy business of the Adani Group, the renewable energy firm said on Monday.

Bata India set to roll out VRS scheme at Hosur facility in TN

BATA INDIA ON Monday said that it will introduce a voluntary retirement scheme (VRS) at its Hosur unit in Tamil Nadu.

Nissan turns to Honda to steer India operations out of crisis

● Nissan faces decline in market share and fewer dealerships

Future forward: How AI will redefine new year

ARTIFICIAL INTELLIGENCE (AI) is set to redefine industries in 2025, driven by advancements in agentic AI, smaller language models (SLMs), and domain-specific solutions.

Festive cheer missing as retail sales growth slows, finds study

THE RETAIL SECTOR's festive sales growth failed to meet expectations this year, reflecting subdued consumer demand, according to the Retailers Association of India (RAI).

Rabi sowing in last leg, a tad above year-ago level

Less than a fortnight left for the season to be over, sowing of rabi crops such as wheat, pulses, oilseeds and coarse cereals has crossed the year-ago level, even as oilseeds area has declined on year.

External debt rises to $711.8 bn in Sept

INDIA'S EXTERNAL DEBT rose to $711.8 billion as of September this year, up 4.3% over June 2024, as per the data released by the finance ministry.

India to Push for Banana Exports to Russia

AFTER ACHIEVING SUCCESS in banana exports to Europe and West Asia, the government is now eyeing the Russian market, currently dominated by Ecuador, a senior official said on Monday.

Govt plans to double subsidy for chip design to ₹30 crore

THE MINISTRY OF electronics and IT (MeitY) is working on a proposal to double the subsidy under the design-linked incentive (DLI) scheme, a key component of India's ₹76,000-crore semiconductor incentive programme.

Rooftop solar scheme: Rules for financial aid released

THE MINISTRY OF new and renewable energy (MNRE) has issued operational guidelines for implementing the payment security mechanism (PSM) and central financial assistance (CFA) for residential consumers through the renewable energy services company (RESCO) model and utility-led aggregation (ULA) model under the PM Surya Ghar Muft Bijli Yojana.

Revised GMP norms for pharma firms to kick in from Jan 1

WITH THE REVISED Schedule M guidelines for good manufacturing practices (GMP) to come into force from January 2025, and there's no likely extension of the deadline for meeting the new norms, the pharma sector is staring at a crisis situation.

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