CATEGORIES

Trump named Time's Person of the Year, rings NYSE bell

TIME MAGAZINE ON Thursday named US President-elect Donald Trump its \"Person of the Year\", citing his deep impact on American politics and the country's role in the world.

Biden pardons 39, commutes sentences of 1,500 others

OUTGOING US PRESIDENT Joe Biden said on Thursday he was pardoning 39 people convicted of non-violent crimes and commuting the sentences of nearly 1,500 others who were serving long prison terms.

China vows bigger fiscal spending for economy

BEIJING EYES BIGGEST RATE CUTS IN 10 YRS

ECB cuts rate for 3rd straight time as inflation nears 2%

THE EUROPEAN CENTRAL Bank lowered interest rates for a third consecutive meeting, signaling more reductions next year as inflation nears 2% and the economy struggles.

Boeing still struggling to make its best-selling jet - 737 MAX

Since a crippling strike at many of Boeing's US plane factories ended more than a month ago, progress ramping up production of its best-selling 737 MAX jet has been deliberately slow.

Welcome to RBI, Governor Malhotra

RBI SHOULD MANAGE THE FX MARKET IN A WAY THAT PERMITS HIGHER VOLATILITY

Transforming education

One of the cornerstones of PM Modi's Viksit Bharat mission is the New Education Policy, which takes a holistic and culture view of education

90% vs the rest

Problem is that investments are going mainly to states with a head start in industrialisation

Exxon Mobil plots way back to a league of its own

IF ANYTHING DIFFERENTIATES Exxon Mobil Corp. from the rest is its ability to invest countercyclically – to be \"greedy only when others are fearful,\" in Warren Buffett's words.

Welcome to RBI, Governor Malhotra

RBI SHOULD MANAGE THE FX MARKET IN A WAY THAT PERMITS HIGHER VOLATILITY

Transforming education

One of the cornerstones of PM Modi's Viksit Bharat mission is the New Education Policy, which takes a holistic and culture view of education

90% vs the rest

Problem is that investments are going mainly to states with a head start in industrialisation

Exxon Mobil plots way back to a league of its own

IF ANYTHING DIFFERENTIATES Exxon Mobil Corp. from the rest is its ability to invest countercyclically – to be \"greedy only when others are fearful,\" in Warren Buffett's words.

Indices settle lower as caution over inflation blunts IT rally

Shares fell on Thursday, weighed by a retreat in all sectors, barring information technology, because of caution ahead of inflation data.

Jubilant FoodWorks falls after Coke bottler deal

SHARES OF JUBILANT FoodWorks fell over 5% on Thursday, a day after the Jubilant Bhartia Group agreed to pick up a 40% stake in Hindustan Coca-Cola Beverages (HCCB).

Macquarie sees 21% upside for Delhivery

SHARES OF LOGISTICS solutions provider Delhivery on Thursday gained nearly 3.2% on the BSE to its intraday high of ₹391.30 as global brokerage firm Macquarie has maintained its 'outperform' rating on the stock along with a 12-month target price of ₹460, implying an upside of more than 21%.

Rupee hits new closing low, RBI intervention caps loss

The rupee fell to an all-time low on Thursday, pressured by a lingering depreciation bias and heightened demand for the US dollar in the non-deliverable forwards (NDF) market, while the intervention from the Reserve Bank of India helped prevent sharp losses.

NBFCs mop up over ₹10,000 cr via bonds

FUNDRAISING SPREE

Sebi board may widen UPSI scope, tighten SME rules

THE BOARD OF the Securities and Exchange Board of India (Sebi), in its meeting on December 18, is likely to approve a slew of measures, including tighter norms for small and medium enterprises (SME) listing, review of custodian and merchant banker regulations and expansion of the definition of unpublished price sensitive information (UPSI).

NBCC to be consultant for 16 projects of Supertech

INSOLVENCY APPELLATE TRIBUNAL NCLAT has appointed state-owned NBCC as a project management consultant to complete debt-ridden realty firm Supertech's 16 real estate projects at a cost of nearly ₹9,500 crore, a move that will provide relief to thousands of homebuyers.

Panel to flag bad loans

To improve the resolution process, banks have been instructed to closely monitor the top 20 NCLT cases at the MD level, with senior officials, not below the rank of GM, required to attend proceedings.

India needs $2.2-trn infra investment by 2030: Report

INDIA WILL REQUIRE an investment of $2.2 trillion for infrastructure development to become a $7-trillion economy by 2030, Knight Frank India said on Thursday, while stressing on the need of radical measures to encourage private participation in this area.

Makers of auto parts in a fix over EV switch

AUTO COMPONENT MANUFACTURERS, who were asked to set up factories by their clients to support the electric vehicle evolution, find themselves in a tough spot as automakers pivot back to traditional petrol and diesel engine technologies.

Samsung accuses CCI of illegal raid

\"THE ENTIRE SEARCH exercise undertaken is patently illegal and any material collected thereunder should not be relied upon and should be promptly returned,\" the Indian unit of Samsung Electronics wrote.

Switch Mobility drives in 2 e-buses

SWITCH MOBILITY—THE EV subsidiary of Ashok Leyland has introduced a new electric bus Switch EiV12, claimed to be India's first with chassis-mounted batteries, and having a scalable battery capacity of over 400 kWh.

Bluestone files papers for IPO

INTERNET FIRST JEWELLERY brand Bluestone has filed the draft documents for an initial public offer (IPO) with Sebi to raise funds through a combination of fresh issue and offer for sale.

Inflation eases sharply to 5.48% in Nov

THE DECLINE IN Indian inflation is when globally many economies have again started experiencing price pressures and China is looking at easing monetary policy through 2025 to simulate growth.

Realtors build hopes on new cities, more launches after tepid H1

EXPERTS SAY DEMAND HIGH, BUT PRICING KEY TO SALES

'Equity oil, rather than exploration, at core of overseas strategy now'

WE ARE LOOKING INTO COST OPTIMISATION, MAXIMISING PROFITS, AND IMPROVING PROJECT TIMELINES

Blinkit forays into quick food delivery market with Bistro

ZOMATO-OWNED BLINKIT is entering the quick food delivery space with its new offering Bistro, aiming to compete with Zepto Cafe and Swiggy's Bolt.