CATEGORIES

It's raining handouts

Political parties must avoid reducing elections to one-upmanship on freebies

Trump Urges Lower Oil Prices, Rate Cuts

HE ALSO HAILED commitments by companies to invest in the US, touting plans by SoftBank Group to help build artificial intelligence infrastructure and a promise from Saudi Arabia's Crown Prince Mohammed Bin Salman to expand investments and trade with the US by $600 billion.

HPCL Consolidated Profit in Q3 Surges 2570% to ₹2,544 cr

Hindustan Petroleum Corp Ltd on Thursday reported a surge of 256.8% year-on-year in its consolidated net profit for the December quarter of FY25 at ₹2,543.65 crore from ₹712.84 crore in the year-ago period.

Call Grows for Action on AI, Reforms

LEADERS FROM VARIOUS countries called for action on artificial intelligence and reforms at the WEF meeting.

Zee Q3 profit jumps 180%; revenue falls

ZEE ENTERTAINMENT ON Thursday reported a 179.7% year-on-year rise in its consolidated net profit at ₹163.6 crore for the third quarter of the financial year 2024-25 (Q3FY25).

Musk, Altman spar over $100-bn AI venture hyped by Prez Trump

ELON MUSK OPENLY questioned whether companies that joined President Donald Trump's announcement promising hundreds of billions of dollars in artificial intelligence infrastructure could follow through on their promises, exposing an early internal rift within the White House.

Foreign secy to visit China on Jan 26-27

Moving To Resume Bilateral Engagements

UltraTech Cement Q3 profit at ₹1,473.51 cr; stock surges 7%

ADITYA BIRLA GROUP firm UltraTech Cement on Thursday reported a consolidated net profit of ₹1,473.51 crore for the third quarter ended December 31, 2024.

Empowering India's Green Energy Goals Through Innovation and Trust

Lord's Mark Industries Upholds PM's Vision of Surya Ghar: Muft Bijli Yojana

Invest in stocks: China to insurers

Stocks Jump After Briefing

57% Taxpayers Seek I-T Rate Cuts

Around 57% of the taxpayers in a recent survey want lower tax rates and higher exemptions in the coming Budget.

Maruti Suzuki cars to cost more from Feb 1

MARUTI SUZUKI INDIA on Thursday said it will hike prices by up to ₹32,500 across various models from February 1 to partially offset the rise in input costs.

Delhi polls: AAP schemes outrank Constitution issues

THE OPEN DRAIN outside the chaupal at Nai Basti, a Dalit-dominated colony in South Delhi's Deoli, is overflowing. Inside the compound, behind a statue of BR Ambedkar holding the Constitution, sit four men from the Jatav (Dalit) community discussing the Delhi elections.

Now, equities need domestic investors more than ever

LOCAL FUNDS EMERGE AS KEY DRIVER

Oil buyers pull all levers to replace Russian imports

OIL REFINERS ARE reaching for all available options in the rush to make up for Russian flows hit by Washington's latest round of sanctions, turning to the spot market while simultaneously seeking more long-term supplies from West Asian producers.

Mphasis posts modest Q3 revenue growth

MPHASIS REPORTED A sequential revenue growth of 0.8% to ₹3,561.3 crore and a net profit of ₹427.9 crore, up 1.1%, for the quarter ended December.

Govt to seek views on making auto expo annual affair

BHARAT MOBILITY GLOBAL Expo 2025 came to a close on Wednesday after witnessing around 200 product unveils across automotive, components and technology, with the government planning to seek industry views to make it an annual affair.

Let there be truce: Realtors to Lodhas

PROMINENT REAL ESTATE developers and brand experts have called for an amicable resolution to the legal dispute between the Lodha brothers, Abhishek and Abhinandan, regarding the use of their family name in business.

...Hints at Possible Russia Sanctions if Ukraine Issue Fails

US President Donald Trump has said he is ready to meet his Russian counterpart Vladimir Putin anytime, but at the same time warned that he would likely impose sanctions on Russia if the latter does not come to the negotiations table on the issue of Ukraine.

Food, fertiliser and LPG subsidies may be raised

The government is likely to raise spending on food, fertiliser, and cooking gas subsidies to ₹4.1 lakh crore in the next fiscal year, sources said, a moderate 8% year-on-year increase to cover higher food and energy costs.

HDFC Bank Aims To Bring CD Ratio Down To Pre-Merger Level Within Two Years

HDFC Bank will take a couple of years to bring its credit-deposit (CD) ratio down to the pre-merger level of below 90%.

CAG red flags expenses by firm behind RRTS

Matter Under Investigation

Zypp Electric set to double fleet this yr

The expansion will also involve increasing the number of driver partners from 22,000 to 50,000

BPCL sets FY26 capex target at ₹19,000 crore

State-owned Bharat Petroleum Corporation Ltd (BPCL), which recorded a 19.6% jump in its consolidated profit for the third quarter of FY25, has revised its capex target for the current fiscal year upwards from ₹13,000 crore to ₹16,000 crore and set the goal for 2025-26 at around ₹19,000 crore.

Bad loans weigh on HDFC...

THE NET NPA ratio rose to 0.46% from 0.41%. Slippages for the quarter increased to ₹8,800 crore in Q3 from ₹7,800 crore in the September quarter.

Race for AI dominance

Stargate is part of US-China tech battle, but India should also look at foundational AI development

Israel-Hezbollah Truce Set to Extend Beyond Next Week

The ceasefire agreement that paused the war between Israel and the Hezbollah militia in Lebanon will likely be extended when it expires next week, according to several people familiar with the matter.

Court Acquits Khaleda Zia in 10-Year-Old Sabotage Case

A court in Bangladesh acquitted BNP Chairperson and former prime minister Khaleda Zia on Wednesday in a sabotage case filed in the southeastern Cumilla district 10 years ago.

Slow growth in foldable phones demand: Oppo

CHINESE SMARTPHONE MAKER Oppo said the company is not keen on launching foldable phones in India presently as the demand is yet to pick up for the product segment across the industry.

BSNL witnesses subscriber loss after 4 months in Nov, Jio adds

OVERALL SUBSCRIBER BASE DROPS BY 1.76 MILLION