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December 21, 2024

Goyal for integration of industry and govt to boost logistics sector

COMMERCE AND INDUSTRY minister Piyush Goyal on Friday called for a complete integration of industry stakeholders with government platforms to improve efficiency of the logistics sector.

1 min

Bihar gets record ₹1.81 lakh crore investment; Adani, IOC big draws

ADANI GROUP, SUN Petrochemicals and a host of other companies—big and small—on Friday committed to investing a record ₹1.81 lakh crore in Bihar, across sectors ranging from renewable energy to cement, food processing and manufacturing.

1 min

India's crude oil storage at 67% of capacity

House panel calls for cautious approach given geopolitical uncertainties

2 mins

GST Council to undertake massive rates rejig today

TO DISCUSS INCLUSION OF ATF IN GST

2 mins

India raises issue of non-tariff barriers with EU

INDIA HAS SAID that the non-tariff barriers are impeding trade with the European Union and has called for addressing the long-pending issues as a confidence-building measure.

1 min

CPSE net profits up 47% in FY24

● Petroleum firms boost earnings; m-cap up 121%

1 min

REITs the safest way to invest in real estate, say experts

REAL ESTATE INVESTMENT Trusts (REITs) are the safest way to hold a stake in real estate amid the country's encouraging growth rate that can make India the world's largest investment region in the sector in two decades, experts said.

1 min

India likely to step up imports of pulses and edible oils from Brazil

TO DIVERSIFY IMPORT dependence on a few countries, India is aiming to step up sourcing of pulses and edible oils from Brazil.

2 mins

Govt signs ₹7,628 cr pact with L&T for Vajra guns

The defence ministry signed a contract with Larsen & Toubro for procurement of K9 Vajra artillery guns for the Indian Army at a total cost of ₹7,628 crore that is expected to significantly bolster the force's strike capability.

1 min

SC sets aside NCDRC order barring banks from levying 30% rate on credit card dues

THE SUPREME COURT on Friday set aside an order of the National Consumer Disputes Redressal Commission (NCDRC) which barred banks from charging more than 30% interest on credit card dues.

1 min

Zoomcar takes on Uber, Ola with new cab-hailing service

NASDAQ-LISTED CAR-sharing platform Zoomcar has entered the competitive cab-hailing market in Bengaluru with the launch of Zoomcar Cabs, a move seen to challenge industry majors like Uber, Ola, and newer players like Namma Yatri and Shoffr.

1 min

Bajaj unveils e-Chetak variants, prices start at ₹1.2L

BAJAJ AUTO on Friday launched a new Chetak platform, the 35 Series, with two variants: the Chetak 3501 priced ₹1.27 lakh, and the Chetak 3502 priced ₹1.2 lakh, ex-showroom.

3 mins

Accenture's Q1 earnings give IT companies a byte of hope

Nasdaq-listed IT services major raises FY25 revenue growth forecast to 4-7%

1 min

Delivery booster: Q-comm firms add medicines to cart

Medinos, Medstown lead charge in quick delivery revolution

1 min

Accenture's Q1 earnings give IT companies a byte of hope

Nasdaq-listed IT services major raises FY25 revenue growth forecast to 4-7%

2 mins

Local players may miss out on smartphone PLI

DOMESTIC PLAYERS, APART

1 min

Bajaj unveils e-Chetak variants, prices start at ₹1.2L

Will compete with Ola S1 Pro, Ather Rizta and TVS iQube

2 mins

Markets log worst week

Disrupting E2W disruptor

2 mins

Disrupting E2W disruptor

CHENNAI-BASED TVS MOTOR saw the volumes of its electric two-wheeler range grow by 30% to 200,700 units, holding on to the second spot.

1 min

SpiceJet's 3 grounded planes to fly again by April

DOMESTIC CARRIER SpiceJet on Friday said it is expecting three of its Boeing 737 MAX aircraft to become operationalised by April next year.

1 min

Low-cost growth is edtech's new winning formula, not high burn, says Lightspeed

THE EDTECH SECTOR is adopting a new mantra for success—efficient customer acquisition over high marketing spends.

1 min

CCI approves UltraTech-India Cements deal

REGULATOR OKAYS ₹7K-CR PACT

1 min

Markets log worst week

WHILE THE SENSEX plunged 4,091.53 points or 4.98% in the week, the Nifty fell 1,180.80 points or 4.77%.

2 mins

HC clears path for Adani to redevelop Dharavi

THE BOMBAY HIGH Court on Friday cleared the decks for redevelopment of Dharavi slums as it upheld the tender awarded to the Adani Group for the project by the Maharashtra government, ruling there was no \"arbitrariness, unreasonableness or perversity\" in the decision.

1 min

Central bank steps in to stem Re slide

THE RUPEE RECOVERED from its all-time low against the dollar and appreciated 5 paise to close at ₹85.03 on Friday.

1 min

RBI latest VRR auction gets robust response

THE RESERVE BANK of India's (RBI) seven-day variable rate repo auction (VRR) for ₹1.50 lakh crore has received bids worth ₹2.01 lakh on Friday, indicating a strong demand for funds from banks amid huge liquidity deficit, said interbank call money traders.

1 min

Sensex tanks over 1K points, Nifty slips below 23,600

Sensex and Nifty plunged about 1.5% on Friday, taking their downtrend to the fifth straight session, due to risk aversion in the global markets after the hawkish stance of the US Federal Reserve.

1 min

Das pitched for inflation-growth balance at his final MPC meet

THE PRIORITY OF monetary policy should be on restoring the inflation-growth balance and aligning inflation to the apex bank's target of 4%, said Shaktikanta Das, former governor, Reserve Bank of India (RBI), according to the minutes of his last monetary policy committee (MPC) meeting, released on Friday.

1 min

Sebi introduces uniform data sharing policy for research

THE SECURITIES AND Exchange Board of India (Sebi) on Friday directed market infrastructure institutions (MIIs) to adopt a uniform policy for sharing data for research publications.

1 min

RBI latest VRR auction gets robust response

THE RESERVE BANK of India's (RBI) seven-day variable rate repo auction (VRR) for ₹1.50 lakh crore has received bids worth ₹2.01 lakh on Friday, indicating a strong demand for funds from banks amid huge liquidity deficit, said interbank call money traders.

1 min

Volkswagen nears deal with labour leaders

VOLKSWAGEN NEARED a deal with labour leaders in the company's longest negotiations over pay and jobs, sources said on Friday, but the final outcome was still uncertain as Europe's largest car-maker tries to push through cuts and avert mass strikes.

1 min

Prez-elect's spending deal fails in House

EU SAYS READY TO DISCUSS HOW TO STRENGTHEN ALREADY STRONG TIES

2 mins

Prez-elect's spending deal fails in House

A SPENDING BILL backed by Donald Trump failed in the US House of Representatives on Thursday as dozens of Republicans defied the president-elect, leaving Congress with no clear plan to avert a fast-approaching government shutdown that could disrupt Christmas travel.

1 min

Foxconn's interest in Nissan on hold

HON HAI PRECISION Industry, the Taiwan-based manufacturer of iPhones known as Foxconn, is putting its interest in pursuing Nissan Motor on hold while the Japanese automaker is in negotiations for a potential merger with Honda Motor Co., according to a person familiar with the matter.

1 min

Honda talks indicate Nissan in panic mode: Ghosn

NISSAN MOTOR PURSUING a deal with Honda Motor indicates the former is in \"panic mode,\" according to Carlos Ghosn, the ex-chairman of the struggling Japanese automaker.

1 min

Trump wants EU to purchase more US oil, gas or face tariffs

US PRESIDENT-ELECT Donald Trump said on Friday that the European Union may face tariffs if the bloc does not cut its growing deficit with the United States by making large oil and gas trades with the world's largest economy.

2 mins

Reforming agri marketing

Need for a GST-like body of state ministers to build consensus on a unified national market

2 mins

Can Trump save dollar hegemony?

IF TRUMP WERE TO RETALIATE AGAINST THE BRICS WITH 100% TARIFFS, THE MOVE COULD BACKFIRE

4 mins

A City sensation, but can it Amaze your Dzire for a car?

New Amaze is as luxurious as old City, but lacks features like USB-C socket, 360-degree camera, auto-dimming cabin mirror, and sunroof

2 mins

Why Kia doesn't share design with Hyundai

When we start (designing a new vehicle), we consciously keep in mind that there are no visual similarities with any Hyundai car

2 mins

Don't jump into algo trading without knowing the fault lines

Retail investors should use exchange-approved algorithms

1 min

Top up health cover with emergency fund

Add-ons and super top-up policies can boost medical cover

1 min

Chaotic winter session ends amid brawls and protests

PARLIAMENT WAS ADJOURNED sine die on Friday, capping off a tumultuous session that saw a robust debate on the country's constitutional journey and the introduction of two landmark bills on simultaneous elections before plunging to a new low of political animosity over alleged insult of B.R. Ambedkar.

1 min

ED books KTR in Formula-E case

THE ENFORCEMENT DIRECTORATE on Friday filed a money laundering case against BRS leader K T Rama Rao and some others in a case linked to alleged payment irregularities during the Formula-E race held in Hyderabad in February 2023, official sources said.

1 min

Bhagwat: Ram temple is a matter of faith

UNDERLINING THAT RAM temple in Ayodhya was a \"matter of faith\" for Hindus, RSS chief Mohan Bhagwat has said that it is \"unacceptable\" to rake up \"such new issues on a daily basis\" simply because of \"extreme hatred, malice, enmity and suspicion\".

1 min

Five-time Haryana CM Chautala dies at 89

INDIAN NATIONAL LOK Dal (INLD) supremo and five-time Haryana chief minister Om Prakash Chautala, patriarch of one of the most influential political families of the state, died of cardiac arrest at his Gurugram residence on Friday. He was 89.

1 min

Jaipur crash triggers blast

AT 5:45 AM—15 MINUTES after he dropped his nephew Harlal and another relative, Raju, at the Jaipur-Ajmer highway to board a truck to take them back home—Mohanlal (47) got a distress-ing call: there had been an explosion and that Harlal was nowhere to be found.

1 min

More than 15% of super-rich in India are under 30: Report

DRIVEN BY STARTUP UNICORNS AND IPOs

1 min

Pushpa 2 hits ₹990 cr in India, ₹1,500 cr worldwide

ALLU ARJUN-STARRER Pushpa 2: The Rule has become the biggest hit of the actor's career, and even after two weeks in the cinemas, the film is still making money in double digits.

1 min

How India's Twenty20 batting in domestic cricket went on a six-hitting spree this year

go and excel from ball one. When you have that kind of belief, it gives you that boost that you can take on every delivery,\" Mumbai's title-winning skipper Shreyas Iyer told IE.

2 mins

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