CATEGORIES

Currencies tumble, few attempt rebound

THE DOLLAR SLIPPED on Thursday, a day after surging to a two-year peak after the Federal Reserve rocked markets by signalling a much slower pace of rate cuts in 2025, while the yen slid after the Bank of Japan (BOJ) stood pat on rates.

AI orders 34 trainer aircraft

Homegrown consumer electronics company Micromax has entered into a joint venture with Taiwan-based Phison to design and manufacture storage chips or solid-state drives (SSDs) in the country.

AI orders 34 trainer aircraft

AIR INDIA HAS placed an order for 34 trainer aircraft for its upcoming Flying Training Organisation (FTO) in Amravati, Maharashtra.

Auto Expo: Missing brands to return

INDIA'S PREMIER AUTOMOTIVE event, the Bharat Mobility Global Expo, will begin on January 17 with a record-breaking lineup of brands, including several returning participants.

Airtel prepays ₹3,626 cr to DoT

Clears dues for spectrum auction held in 2016

Zetwerk's GMV rises 35% to ₹17,564 cr

CONTRACT MANUFACTURING STARTUP Zetwerk on Thursday said it has achieved a gross merchandise value (GMV) of ₹17,564 crore in FY24, reflecting a 35% growth from the ₹13,050 crore GMV recorded in the previous fiscal.

MTNL to get BSNL support for assets

Services in Delhi & Mumbai to be managed by BSNL

JSW Infra outlines ₹30K-cr capex plan

Leveraging Navkaro acquisition, says company

CCI conducts raids on liquor majors AB InBev, Pernod

THE COMPETITION COMMISSION of India (CCI) has raided some offices of alcohol giants Pernod Ricard and Anheuser-Busch InBev as it investigates accusations of price collusion with retailers in Telangana, sources familiar with the matter said.

Nestle: Swiss withdrawal of MFN status to not affect ops

NESTLE INDIA HAS clarified that the suspension of the most favoured nation (MFN) clause granted to India by Switzerland will not affect its operations.

IPO-bound Rebel Foods raises funds from KKR

IPO-BOUND CLOUD kitchen firm Rebel Foods said on Thursday that global investment firm KKR has acquired a stake in the kitchen operator.

Accenture lifts FY25 growth forecast; Q1 revenue up 8%

Wipro, Infosys ADRs trade up

Startups fire fewer employees, ramp up hiring in 2024

WITH FUNDING SHOWING signs of recovery, startups seem to be bouncing back. Layoffs by startups have dropped sharply in 2024 and hiring is also on the rise, data from layoffs.fyi showed.

No sugar exports for now: Official

THE GOVERNMENT IS not in favour of allowing sugar exports at present despite a projection of surplus of around one million tonne in the 2024-25 sugar season (October-September), Sanjeev Chopra, secretary, the department of food and public distribution, said on Thursday.

Medical devices sector to grow to $30 bn by 2030: Minister

More health insurance companies would start offering insurance cover on outpatient department (OPD) expenses, said Kiran Gopal Vaska, joint secretary and mission director (Ayushman Bharat Digital Mission) at the National Health Authority (NHA).

UK PM hosts Indian business leaders to boost investment

UK PRIME MINISTER Keir Starmer hosted a delegation of 13 Indian companies at 10 Downing Street in London, with the British government describing it as a \"curated visit\" to enhance bilateral partnership and boost investments.

Niti suggests dormitory beds for factory workers at ₹2,000 a month

WITH INDIA REQUIRING 25 million beds for industrial workers in the next decade, a Niti Aayog report on Thursday suggested lower property tax, power and water tariffs to provide dormitory beds at an affordable cost of ₹2,000/month under the public-private partnership (PPP) model near factory sites.

Adani did not remit savings from India tax break it got: Bangla govt

BANGLADESH'S INTERIM GOVERNMENT has accused Adani Power of breaching a multi-billion-dollar energy supply agreement by withholding tax benefits that a power plant central to the deal received from New Delhi, according to documents seen by Reuters.

Road assets in InvITs to soar 70% in FY26

ASSETS UNDER MANAGEMENT (AUM) of infrastructure investment trusts (InvITs) in the road sector are poised to surge to ₹3.2 lakh crore by the end of 2025-26 from ₹1.9 lakh crore in September this year, according to a report by Crisil Ratings.

'EV market to touch ₹20L cr by 2030'

Has potential to create 50 million jobs, says Nitin Gadkari

Curb subsidies to build critical infrastructure, RBI tells states

Says too many central schemes undermine cooperative federalism

Highway infra trust to raise ₹15,000 cr; halts bond sale plan

The National Highways Infrastructure Trust (NHIT), promoted by the National Highways Authority of India (NHAI), will raise around ₹15,000 crore through a mix of debt and equity for acquisition of the next round of assets in the next two months, a senior official said.

Walmart has a tough battle ahead in India

E-COMMERCE IN INDIA is a political and regulatory minefield.

2W sales skid sharp 19% in Dec

FIRST FALL IN TWO YEARS

Sebi tightens SME listing regulations

• Performance validation agency PaRRVA set up

H-1B overhaul a boon for Indian techies

THE US GOVERNMENT on Tuesday announced major reforms in its popular H-1B visa programme, a move that is expected to help thousands of Indian tech professionals, reports Manu Kaushik.

Trump threatens to impose reciprocal tariffs on India

US PRESIDENT-ELECT DONALD Trump has said that India charges \"a lot\" of tariffs, reiterating his intention to impose reciprocal tariffs in retaliation for what New Delhi will impose on the import of certain American products.

US announces H-1B visa overhaul, Indian techies to benefit

HOW THE MOVE WILL BENEFIT INDIA

'Had fun but it's time': Ashwin bows out of internationals with shock retirement call

RASHWIN STOOD in the corridor outside the press conference room after the third Test ended in a draw.

Navy boat hits ferry off Mumbai coast, 13 dead

A PRIVATE FERRY, carrying more than 110 passengers to Elephanta Island off Mumbai coast, capsized after a Navy speedboat crashed into it on Wednesday. At least 13 people were killed in the incident, officials said, adding that the rest have been rescued.