CATEGORIES

Rupee depreciation hurting pharma sector as input costs rise

THE DEPRECIATING RUPEE is taking a toll on the pharma sector with an expected rise in the cost of imported raw materials.

Foreign flows into India bonds to fall short on rupee slump, US yields surge

FOREIGN INFLOWS THAT were expected into Indian government bonds over the next two-and-a-half months will fall short of expectations, stymied by a currency that is repeatedly hitting lifetime lows and Treasury yields that are hovering at multi-month highs, investors said.

Top Paytm Officials Pay ₹3.32 Cr to Settle Sebi Norms Violations

The Securities and Exchange Board of India (Sebi) on Friday allowed eight former board members of Paytm's parent company One97 Communications to settle for non-disclosure of material information for ₹3.3 crore.

Medical device makers hail ban on refurbished imports

MEDICAL DEVICE MANUFACTURERS have welcomed the drug regulatory authority's decision not to allow refurbished medical devices to enter the country, in a move to curtail the influx of such unregulated products.

Closely monitoring prices, says govt

Inflation in negative zone since July last year

China Logs 5% Growth in '24

CHINA'S ECONOMY GREW 5% last year, matching the government's target, but in a lopsided fashion, with many people complaining of worsening living standards as Beijing struggles to transfer its industrial and export gains to consumers.

Indian carmakers ready to take on Tesla: Jindal

However, the guidelines are still to be finalised and Tesla is also yet to respond in the affirmative.

IMF, World Bank Peg India's FY25 Growth at 6.5%

The International Monetary Fund (IMF) has retained India's GDP growth forecast to 6.5% for the current financial year, which is \"in line with potential\".

Wipro beats estimates, raises revenue guidance

THE COUNTRY'S FOURTH-LARGEST IT company, Wipro, on Friday reported a sequential increase in both revenue and profit for the quarter ended December, driven by improved demand in the US market and the banking, financial services and insurance (BFSI) vertical. The results surpassed Bloomberg's consensus estimates.

Mercedes-Benz showcases electric vision

THERE ARE LUXURY cars, and then there is Mercedes-Benz – true to its legacy, India’s largest luxury carmaker focused on top-end vehicles (or TEVs, those priced more than ₹1.5 crore).

Aditya Birla jewellery arm aims to reach 100 stores in 3 years: CEO

THE AVERAGE VALUE of purchases at Indriya stores exceeds that of other new entrants in the Indian jewellery market, the company's chief executive officer Sandeep Kohli said.

Hamas to release first hostages on Sunday

ISRAELI CABINET RECOMMENDS GAZA CEASEFIRE DEAL

Cabinet approves refarming of 687 MHz spectrum for 5G, 6G

COMMUNICATIONS MINISTER JYOTIRADITYA Scindia on Friday said the Cabinet has approved the refarming of 687 MHz of spectrum from various government ministries for the deployment of 5G and future 6G services.

Bullet Train Ambitions

Plans for indigenous high-speed trains are laudable, but innovative financing models will be needed

Infosys shares fall 6% on soft fourth quarter outlook

SHARES OF INFOSYS closed 5.77% lower at ₹1,815.10 on Friday, reflecting a sharp decline in its American Depository Receipts (ADRs) listed on the New York Stock Exchange.

Maruti enters e-mobility

HYUNDAI MOTOR INDIA, the country's second-largest carmaker, launched the Creta Electric on Friday at the Bharat Mobility Show at introductory prices at ₹17.99 lakh, ex-showroom, for the 42 kWh battery variant.

Infosys Raises Guidance for FY25

Net profit rose 4.6% quarter-on-quarter to \" 6,806 crore, slightly above analysts' expectations of \" 6,773 crore.

Bezos blasts into commercial space race

BLUE ORIGIN'S GIANT New Glenn rocket blasted off from Florida early Thursday morning on its first mission to space, an inaugural step into Earth's orbit for Jeff Bezos' space company as it aims to rival SpaceX in the satellite launch business.

Kirloskar Oil Engines vs Sebi: KBL plea to intervene allowed

KIRLOSKAR BROTHERS (KBL) was granted permission on Thursday to intervene in the Kirloskar Oil Engines (KOEL) versus markets regulator Securities Exchange Board of India (Sebi) case before the Securities Appellate Tribunal (SAT).

Jio profit jumps 4.9% to ₹6,861 cr, Arpu at ₹203

DRIVEN BY TARIFF HIKES; REVENUE UP 4.3% TO ₹33,074 CR

Delivery dilemma

● Why criticism against q-comm practices is growing

Rural India extends lead in internet usage: Study

The gap between the number of internet users in rural and urban India has grown, with rural areas adopting the internet at a faster pace, according to a report by IAMAI and market research firm Kantar.

India Likely to Maintain Strong Growth in 2025: WEF Report

THE GLOBAL ECONOMIC outlook for 2025 remains \"subdued\", but India is likely to maintain a \"strong growth\", according to a World Economic Forum (WEF) report.

BP to Cut 5% of Workforce

BP IS ELIMINATING 4,700 positions internally, about 5% of its workforce, and more than 3,000 contractor jobs, Chief Executive Officer Murray Auchincloss told staff on Thursday, as the London-based energy giant seeks to reduce costs.

RBI Relaxes FEMA Regulations to Boost Cross-Border Trade

WITH AN AIM to encourage the use of the rupee and other currencies to settle cross-border transactions, the Reserve Bank of India (RBI) on Thursday further liberalised regulations under the Foreign Exchange Management Act (Fema).

Barclays in the fray to take over Apple's credit card business

APPLE IS in talks with Barclays to replace Goldman Sachs as the tech giant's credit card partner, said two sources familiar with the matter, as the Wall Street giant steps back from its consumer finance ambitions.

Saif Ali Khan stable after being stabbed

ACTOR SAIF ALI Khan was seriously injured early Thursday morning in what police are calling a failed robbery attempt at his residence in Mumbai's Bandra (West) area.

UK economy grows by just 0.1% in Nov

BRITAIN'S ECONOMIC OUTPUT returned to growth in November, the first month after finance minister Rachel Reeves announced big tax increases for businesses, but the expansion was smaller than expected.

LTIMindtree Q3 net profit falls 7.14% to ₹1,085 cr

IT SOLUTIONS PROVIDER LTIMindtree on Thursday reported a 7.14% decline in consolidated net profit to ₹1,085.4 crore in the December quarter of FY25.

Hydrocarbon sector seeks cut in cess & regulatory reforms

Run-up To The Budget 2025-26