CATEGORIES

India needs $2.2-trn infra investment by 2030: Report

INDIA WILL REQUIRE an investment of $2.2 trillion for infrastructure development to become a $7 trillion economy by 2030, Knight Frank India said on Thursday, while stressing on the need of radical measures to encourage private participation in this area.

Switch Mobility drives in 2 e-buses

SWITCH MOBILITY—THE EV subsidiary of Ashok Leyland has introduced a new electric bus Switch EiV12, claimed to be India's first with chassis-mounted batteries, and having a scalable battery capacity of over 400 kWh.

Bluestone files papers for IPO

INTERNET FIRST JEWELLERY brand Bluestone has filed the draft documents for an initial public offer (IPO) with Sebi to raise funds through a combination of fresh issue and offer for sale.

Inflation eases sharply to 5.48% in Nov

THE DECLINE IN Indian inflation is when globally many economies have again started experiencing price pressures and China is looking at easing monetary policy through 2025 to simulate growth.

T+0 settlement has few takers

An assessment of Sebi had found that over 90% of equity delivery trades were conducted with advance deposits of cash and securities

Realtors build hopes on new cities, more launches after tepid H1

REAL ESTATE COMPANIES are looking to increase the number of project launches and add new cities to boost bookings in the second half of FY25, following a muted first half due to elections and other factors.

Equity oil, rather than exploration, at core of overseas strategy now

WE ARE LOOKING INTO COST OPTIMISATION, MAXIMISING PROFITS, AND IMPROVING PROJECT TIMELINES

RIL, Rosneft ink mega $13-bn oil supply deal

Russian oil major to supply 500K barrels of crude a day

Zomato gets fresh ₹803-cr tax notice

FOOD DELIVERY MAJOR Zomato on Thursday said it has received a GST demand order of ₹401.7 crore for non-payment of the tax on delivery charges between October 29, 2019, and March 31, 2022.

Rebel Foods raises $210 mn in round led by Temasek

CLOUD KITCHEN OPERATOR

Blinkit forays into quick food delivery market with Bistro

ZOMATO-OWNED BLINKIT is entering the quick food delivery space with its new offering Bistro, aiming to compete with Zepto Cafe and Swiggy's Bolt.

FTA negotiations with UK to resume by Jan-end: Official

THE NEGOTIATIONS ON a free trade agreement (FTA) with the United Kingdom will resume by the end of January after remaining suspended since May this year because of elections in both the countries, a senior official said on Thursday.

Cabinet clears Bills for joint LS, Assembly polls

● To be tabled in Parliament in the ongoing session

Govt seeks Parliament nod for ₹44,143-crore extra spending

THE CENTRE ON Thursday sought Parliament approval for net additional expenditure of ₹44,143 crore for the current fiscal, out of gross additional spending of ₹87,763 crore in the first batch of supplementary demand for grants.

Govt releases standards for green steel; product may get priority in public procurement

Govt releases standards for green steel; product may get priority in public procurement

HDFC Bank's investment banking gets Sebi warning

MARKETS REGULATOR SECURITIES and Exchange Board of India (Sebi) has issued an administrative warning letter to HDFC Bank alleging non-compliance of some provisions related to its investment banking operations.

EY case puts spotlight on white-collar labour laws

● Decades-old laws largely focused on blue-collar workers

Pushpa 2 hits ₹1,000-crore milestone at global BO

ALLU ARJUN'S PUSHPA 2: The Rule has hit the milestone of ₹1,000 crore at the global box office in just six days, making it the fastest Indian film to register the feat.

Why international stars are pulling out of Hockey India League en masse

IN OCTOBER, WHEN the Hockey India League (HIL) player auctions were held, 96 international stars were snapped up by eight men and four women franchises. Now, with a fortnight left for the competition to begin, more than one-fourth of them have pulled out.

US hotels welcome Indian tourists with chai, samosa

POST-COVID BOOM

Rupee gains 2p to settle at 84.83

THE RUPEE GAINED 2 paise to close at 84.83 against the US dollar on Wednesday, a tad above its all-time low level, amid rising expectations of a shift in the Reserve Bank's monetary policy stance following the appointment of Sanjay Malhotra as the new governor.

Credit card issuance slows in Q1: Report

THE ISSUANCE OF new credit cards in the first quarter of FY25 declined by over 34% compared to the same period last fiscal—to 4.4 million from 6.7 million—according to the latest CreditScape report by CRIF High Mark.

Equirus Wealth crosses ₹10K cr in assets under management

WEALTH MANAGEMENT FIRM

Sebi notifies tighter insider trading rules

WIDENING THE NET

MFs, pension funds must be active in corp bond market: Setty

STATE BANK OF India (SBI) chairman C S Setty on Wednesday called for active participation of mutual funds and pension funds in the corporate bond market.

Making digital work for women

UPI's ease of use allows them to expand business

Prioritising inclusion in social networking

Famm Connect acts as a LinkedIn for the LGBTQ+ community

Early detection to prevent TB spread

AI-led solutions help screening for the disease

From TikTok to Nvidia, the tech war gets uglier

The economy's capacity is constrained, Budget must unveil consumption booster and more

Change course

The economy's capacity is constrained, Budget must unveil consumption booster and more