CATEGORIES

15-DAY CREDIT SCORE UPDATES: RBI'S NEW MOVE EXPLAINED

The Reserve Bank of India (RBI) has introduced stringent regulations concerning personal loans to enhance transparency in the financial system.

Gilts slip on bets US jobs data to weaken case for rate cuts

Prices of government bonds slipped near the end of trading hours, after trading largely steady through the day.

Madhya Pradesh HC dismisses PIL, clears way for Religare Ent's AGM

The Madhya Pradesh High Court has cleared the way for Religare Enterprises Ltd's annual general meeting and dismissed a public interest litigation by Advocate Vijayant Mishra who had sought to \"protect\" the interest of the company's minority shareholders.

Realtors, investors put $11.4 bn equity investments in Indian real estate during 2024: CBRE

Indian real estate attracted equity investments of USD 11.4 billion last year, up 54 per cent annually, mainly from developers and institutional investors, according to CBRE.

Vodafone exits Indus Towers, sells shares worth ₹2,800 cr; clears ₹890 crore dues

Residual proceeds of ₹19.1 bn have been used to acquire 1.7 billion equity shares in Vodafone Idea

JSW Steel Consol Crude Steel Output Rises 2.3% in Q3

Sajjan Jindal-led JSW Steel on Friday said its consolidated crude steel production rose by 2.3 per cent to 7.03 million tonnes (MT) in the third quarter of the current fiscal.

SC Stays GST Show-Cause Notices to Online Gaming Sector in Temporary Relief

The Supreme Court on Friday stayed the proceedings related to show-cause notices issued to online gaming companies by the Directorate General of GST Intelligence, amounting to Rs 1.12 trillion.

US 30-yr yield hits 5% as traders push back next Fed rate cut

The selloff pushed yields higher across the curve on Friday after US employment in December advanced by the most in nine months

Govt Extends Monthly GST Return, Payment Deadline

The government on Friday extended the deadline for filing monthly GST sales return form GSTR-1 and GST payment by 2 days after taxpayers reported technical glitches in the GSTN system.

Syrma SGS partners with MSI to manufacture laptops for Indian market

Union Minister Ashwini Vaishnaw, on Friday, laid the foundation stone for a new assembly line to produce laptops at the Tamil Nadu facility of electronic systems design and manufacturing company Syrma SGS Technology Ltd.

Work-life balance essential: Industry leaders on L&T chief's remarks

As the 90-hour work week debate rages, industry leaders Harsh Mariwala, Harsh Goenka and Rajiv Bajaj have weighed in, saying work-life balance is not optional but is essential, and working hard to succeed is not about the hours clocked in.

Need repository, end-use tracking to support MSME funding: SBI head

Capital markets should increase their focus on providing credit to micro, small, and medium enterprises, State Bank of India Chairman CS Setty said at a symposium on the securities market on Friday.

Vedanta Resources secures $300 mn in loans to refinance debt

Vedanta Resources - the parent firm of Mumbai-based mining conglomerate Vedanta Ltd - on Friday said it has secured USD 300 million in loans from a clutch of leading global banks such as Barclays and First Abu Dhabi Bank for refinancing its 2024 and 2026 bonds.

US adds 2,56,000 jobs, unemployment dips to 4.1%

U.S. job growth unexpectedly accelerated in December while the unemployment rate fell to 4.1% as the labor market ended the year on a solid footing, reinforcing views that the Federal Reserve would keep interest rates unchanged this month, Reuters reported.

Fund raising from capital mkts to jump 21% to ₹14.27L cr in FY25: Buch

Overall fundraising from capital markets, including through equity and debt instruments, is estimated to jump by nearly 21 per cent to Rs 14.27 lakh crore in FY25 from the Rs 11.8 lakh crore in FY24, Sebi chief Madhabi Puri Buch said on Friday.

Centre releases 1.73 lakh cr to States towards tax devolution

The Centre on Friday released tax devolution of Rs 1.73 lakh crore to the state governments to accelerate capital expenditure and finance welfare activities.

Loan disbursal to Micro-Finance Institutions up 43% over 3 yrs: IIFL Cap

The quarterly average ticket size of Micro Finance Institutions (MFIs) loan disbursal rose 43 per cent from Rs 35,000 to Rs 50,000 between September 2021 to 2024, as per the Financial Stability report of IIFL Capital.

India Needs to Be a Global Champion in Sunrise Sectors to Achieve $32 tn Economic Target by 2047: Kant

India's G20 Sherpa Amitabh Kant on Friday said the country needs to become a global champion in sunrise sectors to achieve the target of becoming a developed nation and USD 32 trillion economy by 2047.

Rupee falls to record low of 86.04 per US dollar

The rupee declined 18 paise to breach the 86-mark against the US dollar for the first time on Friday as it failed to resist pressure from a stronger American currency and huge outflow of foreign funds.

Forex kitty declines to over 11-month low of $634.59 bn

India's forex reserves dropped by USD 5.693 billion to USD 634.585 billion in the week ended January 3, the Reserve Bank of India said on Friday.

IIP Growth Hits 6-Month High of 5.2% in Nov

The Index of Industrial Production (IIP) Recorded a Growth of 2.5 Percent in November 2023

Sensex drops over 241 pts, Nifty ends below 23,450

BEARS GRIP - Markets extend decline to third day

US levies new sanctions against Russian energy sector; oil prices surge to 3-mth high

President Joe Biden's administration announced on Friday that it's expanding sanctions against Russia's critically important energy sector, unveiling a new effort to inflict pain on Moscow for its nearly 3-year-old war in Ukraine as President-elect Donald Trump gets set to return to office vowing to quickly end the conflict.

India's Economy Projected to Grow 6.6% in 2025: UN

The Indian economy is projected to expand by 6.6 percent in 2025, primarily supported by robust private consumption and investment, according to a United Nations report.

MAGIC to Celebrate Nat'l Startup Day & Innovation

The Marathwada Accelerator for Growth and Incubation Council (MAGIC) will celebrate National Startup Day and Innovation Week with a series of events from January 10 and 16.

CS Shivers as Temp Dips Below 10°C

A sudden drop in temperature has been recorded in Chhatrapati Sambhajinagar over the past two days.

Big cats' food made using hot water

12 tigers and a leopard at Siddharth Zoo in Chhatrapati Sambhajinagar are being given food treated with boiled water, zoo veterinarian Dr Neeti Singh said on Thursday.

Registered marriages gaining popularity

To tackle rising costs and unnecessary expenditure on marriages, the younger generation is shifting toward registered marriages.

Driver claims brutal attack by 'ghost'

There is widespread talk in the Dhamori area that a driver allegedly saw a ghost near the river on the Shirwade-Dhamori road.

'Tech essential in education'

Educational institutions need to adopt an interdisciplinary approach, embrace sustainable innovation, and integrate cutting-edge technologies like blockchain, IoT and robotics.