CATEGORIES

Trump comeback: Honda to go slow on new EVs

HONDA MOTOR WILL be cautious about starting production of new electric vehicles due to uncertainty about US President-elect Donald Trump's industrial policy, a senior executive of the Japanese automaker said on Tuesday.

Flying taxis are on the horizon

Taking Commuting To New Heights

Bid for 2036 Olympics takes pan-India route

● Bhubaneswar, Bhopal, Pune to join Ahmedabad

Modest Q3 on the cards for India Inc

While sales of automobiles are believed to have been hurt by an inferior product mix and bigger discounts in December, banks have done less business as reflected in the slower credit growth.

Pritish Nandy dies at 73

Veteran journalist, poet and filmmaker Pritish Nandy passed away in Mumbai on Wednesday, sources close to him said.

The plan is profitability first, followed by IPO

Unacademy, an edtech company, is prioritizing profitability over rapid expansion, aiming for an IPO after achieving financial stability. The company has significantly reduced its losses and is focusing on its core business and a language learning app, Airlearn.

No Pre-emptive Tariff Overhaul

Over a few years to FY23, India had seen a significant tariff escalation, reversing the trend of progressive reduction of these import barriers, primarily in the wake of the pandemic.

India seeks NRI participation in 'Viksit Bharat'

THE 18TH PRAVASI Bharatiya Divas (PBD) convention kicked off here on Wednesday, with external affairs minister S Jaishankar calling upon NRIs and Persons of Indian Origin to actively participate in the quest for a 'viksit Bharat' (developed India).

Oil pares gains on dollar strength

OIL PRICES TRIMMED earlier gains on Wednesday as the dollar strengthened but continued to find support from a tightening of supplies from Russia and other OPEC members and a drop in US crude stocks.

'Align AI and business goals for better results'

ENTERPRISES are increasingly recognising the value of multi-cloud architectures and the ability to capitalise on the unique strengths of various cloud platforms to enhance their operational capabilities

GCCs focus on skills-based hiring for growth

GCCs focus on skills-based hiring for growth

Fact-checking reversal lets Zuckerberg drop charade

MARK ZUCKERBERG'S VIDEO announcement on Tuesday that the company would abandon its fact-checking efforts and loosen moderation marks a stunning reversal of years of promises regarding safety and misinformation.After promoting GOP-ally Joel Kaplan to head of policy and appointing Donald Trump pal Dana White to Meta's board, this next act to open the floodgates to hate speech means the MAGA storming of Menlo Park is just about complete. There is a view that Zuckerberg has shamefully abandoned his values in fear of Trump and in the hope that cosying up will be good for business. But it would be wrong to believe Zuckerberg ever truly held those values in the first place — and he's finally found the political cover needed to drop a years-long charade on safety and shed any pretence about being responsible for the accuracy of information that users see.

Tidings for agri-budget

All eyes will be on how the govt addresses the narrative of agrarian distress

A power distribution poser

EACH CASE OF PRIVATISATION HAS BEEN A LESSON FOR THE NEXT

Reshaping consumer behaviour

High fintech adoption isn't just a trend but a game changer in India; three 'S's will define 2025 for the sector - security, sustainability, and scalability

Putin's Booming War Economy Poised for Soft, Bumpy Landing

PRESIDENT VLADIMIR PUTIN'S invasion of Ukraine triggered an economic boom in Russia built on the back of government stimulus.

Tesla Poised for $1-bn Windfall from EU Emissions Curbs

REGULATORY CREDIT GRAVY TRAIN EV maker has brought in $11 billion since 2009

China Bolsters Consumer Subsidies to Boost Spending

AUTO MARKET REBOUNDS

Trump mulls national economic emergency call to support tariffs

PREZ-ELECT HAS VOWED TO IMPOSE 10% TARIFFS ON GLOBAL IMPORTS

Samsung Profit Outlook Falls Short of Estimate

SAMSUNG ELECTRONICS' PRELIMINARY fourth-quarter operating profit missed estimates by a large margin, with the South Korean tech giant hit hard by extra costs as it works towards providing high-end chips to Nvidia.

OpenAI chief denies sister's allegations of sexual abuse

THE SISTER OF billionaire OpenAI chief executive Sam Altman filed a lawsuit accusing him of sexually abusing her regularly between 1997 and 2006, prompting him and other family members to deny her claims.

AI startup Anthropic to raise at $60 bn value

OPENAI RIVAL ANTHROPIC is in advanced talks to raise $2 billion in a funding round that would value the startup at $60 billion, according to two people familiar with the matter.

RBI Lifts Restrictions on Asirvad, DMI Finance

THE RESERVE BANK of India on Wednesday lifted supervisory restrictions on Asirvad Micro Finance and DMI Finance.

NBFC fundraising through ECB route hits 5-year high

Fundraising by non-banking financial companies (NBFCs) through the external commercial borrowings (ECB) route has hit a five-year high in 2024.

Microfinance portfolio shrinks

THE MICROFINANCE PORTFOLIO declined 4.3% to ₹4.14 lakh crore in the September quarter as microlenders turned cautious amid concerns over the deteriorating asset quality, according to a report released by credit information company Crif High Mark.

Govt mulls lifting ban on trade in some crop futures

THE GOVERNMENT IS considering revoking a three-year ban on futures trading in seven agricultural commodities, including wheat and unprocessed rice, after studies found the steps were counterproductive, according to a person with knowledge of the matter.

Indices Stage Smart Recovery, Defy Slowdown Concerns

The benchmark indices staged a smart recovery in the second half of the trading session on Wednesday, but ended the day with marginal losses.

Rupee Slumps 14 Paise on Rise in Crude Oil Prices, Strong Dollar

The rupee fell 14 paise, or 0.2%, to an all-time closing low of 85.86 on Wednesday as the dollar further strengthened on account of positive economic data from the US, said forex traders.

Ola Electric gets Sebi warning over disclosure lapses

MARKETS REGULATOR SEBI has issued an administrative warning letter to Ola Electric Mobility over violations of disclosure norms.

JSW's Mozambique deal on hold

A Long Battle Ahead