CATEGORIES

Singh Has Kept a Great Legacy Behind

Without the political support, he could not have done that (1991 reforms), but it was a very insightful, forward-looking, visionary change of our economic regulatory system

At $644 bn, forex reserves drop to over 7-month low

THE COUNTRY'S FOREX reserves fell for a third consecutive week and stood at a more-than-seven-month low to $644.391 billion for the week ended December 20, the RBI said on Friday.

Re closes in on 86/$

FALLS 28 PAISE, STEEPEST SINCE JUNE

From boom to bust

BYJU RAVEENDRAN, CO-FOUNDER & CEO, BYJU'S

Households spend slightly more on food items in 2023-24

● Urban-rural gap declines marginally

Jewellery units lose sheen as demand slumps

Being at once import-intensive and export-oriented, the gems and jewellery industry can withstand the current fall of the rupee, but will have serious concerns about the continued sluggishness in demand from key export markets.

UltraTech to buy 8.7% stake in Star Cement for ₹851 crore

ULTRATECH CEMENT, the country's largest cement maker, on Friday said it will acquire a minority stake of 8.69% from the promoters of Meghalaya-based Star Cement in a deal worth up to ₹851 crore.

China Clears World's Largest Dam in Tibet Near India Border

CHINA HAS APPROVED construction of the world's largest dam, stated to be the biggest infra project costing $137 billion, on the Brahmaputra river in Tibet close to the Indian border, raising concerns in riparian states India and Bangladesh.

Demerit act by Kohli on Konstas' striking debut

Indian fined 20% fee for shoulder barge with teenager

The 'global' price factor

Long years of inward-looking policies by govts to blame

In a first, EatSure launches multi-restaurant ordering

EatSure, the D2C platform of online restaurant company Rebel Foods, on Thursday announced the launch of a new feature allowing users to order from multiple restaurants in one order.

World Looks At India For Youth Power: PM On Veer Bal Diwas

HIGHLIGHTING HOW YOUTH energy has played a significant role in the country's progress, Prime Minister Narendra Modi said on Thursday that the world looks at India with hope and expectation because of its youth power, which is driving new revolutions.

Mahatma's legacy under threat from those in power in Delhi, says Sonia

ASSERTING THAT MAHATMA Gandhi has been and will continue to be the fundamental source of inspiration, Congress Parliamentary Party (CPP) chief Sonia Gandhi on Thursday said his legacy is under threat from those in power in Delhi and the ideologies and institutions that have nurtured them.

AAP-Cong rift boils over as election nears

AAP will ask INDIA bloc to remove Cong over Ajay Maken's attack on Kejriwal

Skilled jobs can power urban development

Panellists discussed how cities can boost employability and create enablers for migrant workers to remain invested at the Lucknow edition of IE Thinc: CITIES series, presented by The Indian Express with Omidyar Network India. The session was moderated by Udit Misra, Associate Editor

Speed is of the essence

Service providers must amp up reach to expand market

Corruption vs capability in PLA

ILLUSION OF STRENGTH PARTLY EXPLAINS XI JINPING'S CAUTIOUS APPROACH TO REGIONAL DISPUTES

Transforming agricultural research

The plateauing of gains from Green Revolution necessitates the adoption of adaptive and market responsive strategies

Can Biden's Green Boom Survive Trump's Wrecking Ball?

THE ENERGY TRANSITION sustained an electoral trauma as 2024 drew to a close.

Resilience or stress?

Employment in informal manufacturing enterprises is not back to pre-demonetisation levels

Trump's Bitcoin promise hard to keep

AS DONALD TRUMP prepares to fulfill a lengthy list of campaign promises, the president-elect's vow to ensure that all remaining Bitcoin is \"made in the USA\" may prove to be one of the most challenging to keep.

S Korea Opposition Moves to Impeach Acting President

SOUTH KOREA'S MAIN opposition party introduced a Bill to impeach acting President Han Duck-soo on Thursday, a day before it plans to seek a vote on the move, which could deepen a constitutional crisis triggered by a short-lived martial law.

Five Palestinian Scribes Killed

FIVE PALESTINIAN JOURNALISTS have been killed by an Israeli strike in the Gaza Strip, the health ministry said Thursday.

Russia Rejects Trump Call for Ukraine Truce

RUSSIA REBUFFED INCOMING US President Donald Trump's call for an immediate ceasefire in Ukraine, while saying it's ready to hold negotiations on a long-lasting peace agreement to end almost three years of war.

Nippon extends $15-bn US Steel deal deadline

The closing date was revised to the first quarter of 2025 from the third or fourth quarter of 2024 previously

Alibaba, E-Mart to form $4-bn e-tail JV in South Korea

ALIBABA GROUP HOLDING agreed to merge its South Korean operations with E-Mart's e-commerce platform to better compete in the country's fast-paced online retail sector.

China revises up 2023 GDP, sees little impact on 2024 growth

POLICYMAKERS PLEDGE MORE STIMULUS TO KEEP GROWTH STABLE IN 2025

SMFG India Credit receives ₹3,000 crore from parent

JAPANESE MAJOR SUMITOMO Mitsui Financial Group announced on Thursday that it has infused ₹3,000 crore into its Indian NBFC subsidiary, SMFG India Credit Company, via rights issue.

IndusInd plans to sell ₹1,500-crore bad loans to ARCs

INDUSIND BANK PLANS to sell nearly ₹1,500 crore worth of bad loans, including more than 1 million micro loans with a ticket size anywhere between ₹5,000 and ₹40,000, to asset reconstruction companies (ARCs), in a bid to arrest deterioration in its asset quality.

Lenders Disburse Loans Worth ₹27K Cr Through ULI

BANKS AND NBFCS disbursed more than 600,000 loans amounting to ₹27,000 crore using Unified Lending Interface (ULI) as on December 6.