Difficult to define a freebie, our 'hands tied': CEC
Business Standard|January 08, 2025
Chief Election Commissioner (CEC) Rajiv Kumar, who will demit office on February 18, days after the results of the Delhi Assembly polls are declared on February 8, on Tuesday, flagged the need for finding "accepted and legal answers" on the issue of announcement of "freebies" by political parties during poll campaigns.
ARCHIS MOHAN

At a press conference to announce the schedule for the polls, the last election he will supervise before demitting office, Kumar also batted for remote voting to ensure that India's 300 million "missing voters" exercise their right to vote. He supported the proposal for replacing booth-wise counting of votes with the "totaliser system" of counting of votes to prevent disclosures of voting patterns at a particular booth.

With the Union Budget slated to be presented on February 1, Kumar said the Election Commission would write to the Cabinet secretary, conveying to him that no Delhi-specific provision could be made in the Union Budget because that might disturb the level playing field.

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Business Standard

'When movies connect, they go to another level'

At 1,745 screens, PVR Inox is the largest multiplex chain in India. But the ₹6,200 crore (2023-24 revenue) chain has seen its stock being hammered in the market. The buzz is that the cinema business is in trouble. Its managing director, AJAY BIJLI, in a quick chat with Vanita Kohli-Khandekar, talks about the state of the movie business and his prognosis for 2025. Edited excerpts:

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Ticket prices may make 2025 a hit after dud 2024
Business Standard

Ticket prices may make 2025 a hit after dud 2024

Pushpa 2: The Rule broke box-office (BO) records not only due to Allu Arjun reprising his role as Pushpa Raj but also because of a surge in the movie's average ticket price (ATP).

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Fall in ₹, Win Some, Lose Some for Auto Industry
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Fall in ₹, Win Some, Lose Some for Auto Industry

While exporters benefit, import-dependent firms expected to struggle

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Rupee volatility likely to drive imported car prices off course
Business Standard

Rupee volatility likely to drive imported car prices off course

Luxury car sales touched 51K units for first time in '24

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Recovery agents in demand as banks' unsecured loan stress rises
Business Standard

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Import stats for gold, silver, electronics lowered for Apr-Nov
Business Standard

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The central government has revised downwards the import data for precious metals such as gold and silver by $11.69 billion and $950 million, respectively, during the first eight months of the financial year (2024-25), Directorate General of Commercial Intelligence and Statistics (DGCI&S) data showed.

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One-time Customs amnesty scheme likely in Budget
Business Standard

One-time Customs amnesty scheme likely in Budget

The Union government is considering introducing a one-time amnesty scheme in the FY26 Budget to be presented on February 1, similar to the Vivad Se Vishwas scheme for income tax, to resolve pending Customs disputes, a senior government official said on condition of anonymity.

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2 minutos  |
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Now playing: The making of one cinema market
Business Standard

Now playing: The making of one cinema market

In 2024, Indians bought 883 million movie tickets, 6 per cent fewer than in the previous year.

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3 minutos  |
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TCS Q3 Net Profit Jumps 12%, Misses Estimates
Business Standard

TCS Q3 Net Profit Jumps 12%, Misses Estimates

IT behemoth's revenue swells 5.6%; North America remains a drag

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Indian cos vie to top future tech adoption chart
Business Standard

Indian cos vie to top future tech adoption chart

Employers in India are planning to outpace global adoption in certain future technologies as companies operating in the country are heavily investing in technologies like artificial intelligence (AI), energy technologies, robotics, and autonomous systems, said the World Economic Forum (WEF) in its latest \"Future of Jobs\" report released on Wednesday.

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January 09, 2025