CATEGORIES

Trump threatens to retake control of Panama Canal

US President-elect demands lower transit fees

We tried to close door that caused corruption

In a telephonic interview with Aditi Phadnis, Himachal Pradesh Chief Minister SUKHVINDER SUKHU talks of rationalising power prices and subsidising the purchase of milk through sales of alcoholic products. He says the state's finances are back on track. Edited excerpts.

Reimagining land-pooling amid ground realities

Madhya Pradesh's BJP government is revising its land-pooling policy, inspired by Gujarat, to boost industrial investment, benefit farmers, and address concerns over bypassing LARR's safeguards amid land-related conflicts. SANJEEB MUKHERJEE explains the issue

Thinking unmet

The Himachal Pradesh chief minister came with an array of ideas two years ago. But inaction on administration has been a hobbling factor, writes ADITI PHADNIS

NPS Vatsalya onboards 75K people since Sep launch

The National Pension Scheme (NPS) is trying to make itself accessible to individuals of all ages and its recently-launched NPS Vatsalya, for minors to secure their future, is making good progress as it has onboarded 75,000 people since its launch in September this year, Pension Fund Regulatory and Development Authority (PFRDA) Chairman Deepak Mohanty said on Saturday.

Ahead of Budget, CII calls for reforms in PSL framework

The Confederation of Indian Industry (CII) has proposed significant reforms to India's priority sector lending (PSL) framework and suggested the inclusion of emerging and high-growth sectors like green initiatives and digital infrastructure to make it more aligned with the country's long-term developmental goals and evolving economic priorities.

Yields on AAA-rated corporate bonds trail SDLs in long tenors

State bond yields have been trading higher than AAA-rated public sector undertaking (PSU) bonds for maturities of 10 years and beyond, data showed.

Retail prices of 65 new drugs fixed

The National Pharmaceutical Pricing Authority (NPPA) has fixed retail prices for 65 new drug formulations and notified ceiling price fixation of 13 formulations.

Solar power producers denied import duty deferral

The government, through a notification issued under Section 65(1) of the Customs Act, 1962 (CA 62), has prospectively legitimised the administrative bar on import, without payment of customs duties under the scheme for manufacture in a bonded warehouse, of goods for solar power generation projects which supply electricity.

Separate GST rate for caramelised popcorn draws economists' ire

FM said items with added sugar have even higher GST

Oil & gas CPSEs may top IEBR capex target in FY25

More than 145 projects worth ₹100 crore and above under implementation

Many newcomers to UPI party but top 2's share remains intact

20 third-party apps got nod in 2024, most since UPI launch

Sprint towards 500 Gw of green energy goal

India's power sector is prioritizing climate-transition goals, where a supportive ecosystem of energy storage, transmission connectivity and supply chain is now being created holistically.

VC investments hit $16.7 billion this yr powered by tech sector

Venture capital (VC) activity in India between January and November 2024 recorded a total value of $16.77 billion across 888 deals, a 14.1 percent increase in value and a 21.8 percent rise in deal count compared with $14.69 billion across 729 deals during the same period in 2023, according to Bloomberg data.

Four OEMs line up to make e-ambulances

Four major original equipment manufacturers (OEMs), including Force Motors, Maruti Suzuki, Mahindra & Mahindra, and Switch Mobility, have expressed interest in developing electric ambulances (e-ambulance) under the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme.

Semiconductor startup Mindgrove Technologies raises $8 mn

Mindgrove Technologies, a fabless semiconductor design startup, said that it has raised $8 million in a Series A funding round.

Health care, pharma IPOs raise ₹14,811 cr

Domestic demand, better global opportunities drive initial share sales

Sterling and Wilson bags ₹1.2K cr solar EPC order in Gujarat

Sterling and Wilson Renewable Energy secured a ₹1,200 crore order for a 500-megawatt (Mw) solar photovoltaic (PV) project in Gujarat, expanding its presence in India's renewable energy market.

PVs, 2Ws drive robust auto export growth this year

EVs, low-cost production fuel global ambition as India eyes 50% export target

Our India centre drives innovation in robotics, analytics & automation

SREEKANTH JAYABALAN, vice-president (V-P), transformation officer and V-P in charge of the Global Digital Technology Centre (GDTC) at Kimberly-Clark, said the India centre in Bengaluru is the growth engine for the company's global strategy. Known for brands like Huggies and Kleenex, Kimberly-Clark closed 2023 with over $20.4 billion in net sales. In a video interview with Peerzada Abrar, Jayabalan shares plans to scale up the GDTC's capacity and capabilities. Edited excerpts:

Tata's Taneira to expand footprint, stitch up mkt share

The Titan Company's ethnic wear brand, Taneira, plans to increase its market share to high single digits within the next three years by expanding its product range and offering value-focused products in Tier-I and metro cities.

From Y2K springboard to AI wave

With 2024, the first quarter of this century comes to a close. This series looks at India's progress over the past 25 years and future directions. The first part highlights the country's IT expertise, which became a talking point globally as the millennium began

Amazon, Flipkart face qcom hurdle

GROWING BUSINESS

CGST Act set to see key amendments in Budget session

FinMin says some changes may take effect from April

Every fifth scooter may be electric in FY26

Companies' confidence driven by growing network, new models

A singular life in plural India

In India today it is difficult to imagine a period of uninterrupted communal harmony, with reports of lynching, hate speech and bigotry surfacing with rising frequency.

11 dead in fire after LPG tanker crashes into vehicles on Jaipur-Ajmer highway

An LPG tanker collided with a truck on Friday, sparking a massive fireball that turned a stretch of the Jaipur-Ajmer highway into an inferno in which 11 people were killed and 37 vehicles engulfed in flames.

FMCG firms roll out tailored offerings for golden years

Affluent and health conscious, mature consumers are becoming selective about what they buy. Businesses are stepping up to meet their needs

SPHERES OF INFLUENCE

New districts are being announced more because of demands by influential groups than empirical studies, usually in the buildup to elections

Accenture Q1 showing a shot in arm for IT stocks

Strong US economy bodes well for Indian IT firms, say analysts