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FUND MOBILISATION BY INDIAN COS SURGED 10 TIMES OVER LAST 10 YRS

Over the last ten years, fund mobilisation by Indian companies has grown tenfold.

Mkts likely to trade rangebound this wk

Options data reflects this cautious sentiment among traders, with call option sellers dominating trade

Exhaust, ICE after-treatment market to decline

Driven by the electrification trend that is leading to a gradual decrease in the market of internal combustion engine (ICE) engines, the exhaust and ICE after-treatment market in the Asia Pacific region is expected to record a negative compound annual growth rate of 2 per cent over 2024-29, a report said on Tuesday.

FRAI asks govt to provide tech support for kirana stores

The Federation of Retailer Association of India on Tuesday asked the government to provide enhanced technology platform to kirana stores to enable them to compete with quick commerce firms.

DGCA imposes ₹10L fine on Akasa Air

Aviation regulator DGCA has slapped a Rs 10 lakh penalty on Akasa Air for failing to provide compensation on time to some passengers who were denied boarding at the Bangalore airport in September, according to a source.

Nissan-Honda integration could boost credit for Nissan, compared to Honda

The proposed integration between Nissan and Honda will benefit Nissan more from a credit perspective, while Honda faces more risk due to its stronger credit profile after the business integration efforts between both automobile companies, according to Moody's Ratings.

Puri, Varanasi and Haridwar top spiritual destinations in 2024: OYO

Puri, Varanasi and Haridwar are the most travelled spiritual destinations while Hyderabad is India's top-booked city this year, according to OYO's 'Travelopedia 2024' annual report unveiled on Tuesday.

Office leasing market sees 14% growth in 2024

Bengaluru led the Grade A office space demand, with highest-ever leasing volume of 21.7 mn sq ft

NFRA penalises Deloitte Haskins & Sells LLP, 2 auditors for lapses in ZEEL audits

The National Financial Reporting Authority (NFRA) has imposed a fine of Rs 2 crore on Deloitte Haskins & Sells LLP as well as penalties on two chartered accountants for lapses in auditing of Zee Entertainment Enterprises Ltd during 2018-19 and 2019-20 financial years.

Trai to issue recommendation for satcom spectrum soon: Chairman

Telecom regulator Trai will issue recommendations on rules for satellite spectrum allocation very soon, an official said on Monday.

Indian carriers flew 12% more pax at 1.42 cr on domestic routes in Nov

Indian airlines carried 1.42 crore passengers on domestic routes in November, nearly 12 per cent more compared to the year-ago period, amid rising air traffic demand.

Govt launches AI tools, e-comm safety measures to boost consumer protection

Food and Consumer Affairs Minister Pralhad Joshi on Tuesday launched several initiatives to strengthen consumer protection, including AI-enabled helpline and tools to detect deceptive marketing practices, while major e-commerce players pledged to enhance online shopping safety.

Inflation continues to hit FMCG industry, urban growth expected to slow in H1/2025

Heading towards a slowdown amid inflationary pressures, the FMCG industry's volume growth during August-October this year has dropped to 4.3 per cent from 6.4 per cent in the year-ago period, research and insight firm Kantar said in a report.

GST on old used cars only when sale price higher than depreciated value

A registered person will have to pay GST on sale of old and used vehicle only if the seller has earned a margin, which is the selling price is higher than the depreciation adjusted cost price of the vehicle, sources said.

Employment grows 10.01%: Govt survey

Unincorporated sector enterprises witnessed a 10.01% increase in employment to over 12 crore during the year ended September 2024, while the number of establishments rose 12.28% to 7.34 crore, according to a government survey.

Raise import duty on petchem: FICCI to govt

Fearing that countries like China may take advantage of low import duty to dump petrochemical products in India, a top trade body has sent an SOS to the government seeking a hike in customs duty to protect the domestic industry and jobs.

Gilts end off lows as investors hang on to India Feb rate cut bets

Government bond prices recovered nearly all losses and ended little changed on Tuesday as investors picked up gilts betting on the Reserve Bank of India's Monetary Policy Committee cutting the repo rate at its next meeting in February, dealers said.

Mkts settle almost flat

Benchmark equity indices Sensex and Nifty ended on a flat note in a volatile trade on Tuesday, as investors preferred to stay on the sidelines awaiting further triggers amid persistent foreign fund outflows.

Indian IT hiring: 2025 promises rebound; AI/data science roles to dominate job market

showing resilience

Despite rising domestic demand, solar modules export will go up by 2030

India's solar module manufacturing industry is poised for a significant transformation in the next five years, with the export-import balance expected to improve substantially, as per a CRISIL report.

Lokpal calls Sebi chief Buch, complainants for 'oral hearing'

Anti-corruption ombudsman Lokpal has called SEBI chief Madhabi Puri Buch and also complainants, including TMC MP Mahua Moitra, for \"oral hearing\" next month in connection with corruption complaints being heard by it, alleging impropriety and conflict of interest on the basis of a Hindenburg Research report, according to an official order.

GOVERNMENT UTILISED 37.28% OF BUDGETED EFFECTIVE CAPEX IN H1FY25

The central government has utilized only 37.28 per cent of the budgeted Effective Capital Expenditure (ECE) in the first half of the financial year 2024-25, according to the data released by the Ministry of Finance.

Rupee falls 4 paise to close at fresh record low of 85.15 against USD

The rupee extended the slide for the second straight session and depreciated 4 paise to settle at a fresh all-time low of 85.15 against the US dollar on Tuesday, dragged by a strong greenback against major crosses overseas and subdued domestic equities.

UPI QR transactions jump 33% at retail stores in Bharat this yr

UPI transactions at retail stores have increased by 33 per cent in semi-urban and rural areas this year, reflecting the growing adoption of digital payments, says a report.

Economy recovering from slowdown witnessed in Q2, says RBI bulletin

The Indian economy is recovering from the slowdown in momentum witnessed in the September quarter, driven by strong festival activity and a sustained upswing in rural demand, according to a Reserve Bank of India (RBI) bulletin released on Tuesday.

Jobs, funds for infra boost figure at PM-economists meet

BUDGET 2025 | Towards a Viksit Bharat

Facilitation Council holds maiden meet, decides 7 cases

The newly formed Micro and Small Enterprises Facilitation Council held its first meeting on Tuesday at the Udyog Bhawan, Directorate of Industries, Telibandha, Raipur.

Medicity to be developed on 200 Acres in Sector 37, Nava Raipur

Chhattisgarh Chief Minister Vishnu Deo Sai has unveiled plans to establish a world-class Medicity in Nava Raipur Atal Nagar, advancing the state's healthcare infrastructure.

Surgeons remove 5-Kg tumor in life-saving surgery

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CM Sai unveils poster for National Tribal Sports event

Chhattisgarh Chief Minister Vishnu Deo Sai unveiled the poster for the upcoming 24th National Forest Resident Sports Competition, set to take place in Raipur from December 27 to 31, 2024.