CATEGORIES
Dec Manufacturing PMI Slips to 56.4, Weakest in 2024
EXPANSION IN MANUFACTURING activity in the country slowed in December, amid softer demand conditions and price pressures.
Agritech to create 80K jobs in 5 yrs: Teamlease
THE AGRI-TECH SECTOR is expected to create 60,000-80,000 new employment opportunities over the next five years, a senior executive of TeamLease Services said.
Regulation, deals, crypto: Fintech themes for 2025
INDUSTRY INSIDERS OPTIMISTIC THAT THE TIDE WILL TURN
Bhopal gas tragedy: 40 yrs later, toxic waste leaves Union Carbide factory
FORTY YEARS AFTER the Bhopal gas tragedy, the shifting of some 377 tonne of hazardous waste began from the defunct Union Carbide factory on Wednesday night for its disposal, an official said.
Data protection rules get home ministry's nod
THE RULES WILL also detail specific provisions, such as consent management for minors and exemptions for certain entities or contexts.
From evolution to digital revolution
THE EYE GAVE Charles Darwin \"a cold shudder\". Writing in The Origin of Species, he struggled to explain how natural selection could create something so intricate.
Dec GST mop-up at ₹1.77 lakh cr
The GST Council is likely to discuss rate rationalisation - hiking rates for some while pruning them for others - of about 150 items in its upcoming meeting.
Boost quality control, fix fair pricing: Shah to NCOL
Cooperation Minister Amit Shah on Wednesday directed National Cooperative Organic Ltd (NCOL) to strengthen quality control and establish fair pricing for its \"Bharat Organics\" brand as the government seeks to expand organic farming nationwide.
Large quantum computers a reality in the near future
With the ability to solve problems in minutes that would take classical computers septillions of years, quantum technology promises breakthroughs in climate modeling, drug discovery, logistics, and AI advancements, potentially reshaping industries.
AI, Convergence, and Beyond
Firms poised to scale up AI deployments into full production
An inspiration for India's Quantum Mission
THE SUCCESS OF Google is a shot in the arm for India's Quantum Computing Mission as this demonstrates the feasibility and great potential of quantum computing and will act a motivation to strengthen the ecosystem.
Cutting Through the Hype on AI, RTO, and DEI
FROM A QUICK glance at 2024's top business headlines, you'd think all companies were pushing return-to-office (RTO) policies, embracing artificial intelligence (AI), and banishing diversity, equity, and inclusion (DEI) programmes.
Virtual companions, real consequences
It is imperative to set up legal frameworks and ethical guidelines that safeguard users, especially those most vulnerable, from unintended consequences of AI
The future of algo trading
SEBI PROPOSAL SEEKS TO STRIKE A BALANCE BETWEEN REGULATORY CONCERNS AND INTERESTS OF STAKEHOLDERS
No cause for alarm
Slower loan growth should help lower liabilities and boost household savings
Pakistan's inflation hits 81-month low of 4.1% in Dec
Path Towards Economic Recovery
Pakistan's Consumer Inflation Slows to 4.1%
PAKISTAN'S CONSUMER INFLATION rate slowed to 4.1% year on year in December, the statistics bureau said on Wednesday, the lowest in more than 6-1/2 years.
ECB Hopes to Hit 2% Inflation Target in 2025, Says Lagarde
The European Central Bank's (ECB) 2% inflation target is in sight, according to President Christine Lagarde.
Begins 2-year non-permanent UNSC tenure
Pakistan began its two-year tenure as a non-permanent member of the United Nations Security Council (UNSC) on Wednesday, with Ambassador Munir Akram saying that the Pakistani delegation will play an \"active and constructive\" role in addressing key challenges facing the world.
Bitcoin slips in Dec from peak
US STOCKS DECLINED in the final session of the year but still closed out the best two-year run since 1998.
Mubadala pips PIF as top spender globally
ABU DHABI'S MUBADALA Investment was the world's most active sovereign wealth fund last year as it ramped up deal-making across everything from private credit to artificial intelligence (AI).
Israeli forces strike Gaza city suburb
A DRIVER CRASHED his truck into a crowd at high speed in New Orleans' French Quarter in the wee hours of New Year's Day then opened fire, killing at least 10 people and injuring more than 35, city officials and police said.
Russia and Ukraine cease five decades of gas transit to EU
• Ukraine to give up long-held strategic position
RPower Rallies as Arm Repays $150 Million to IIFCL, UK
RELIANCE POWER on Wednesday said its arm Sasan Power has made a bullet payment of $150 million to IIFCL, UK, fulfilling its debt obligation on December 31.
Foreign Flows into Govt Bonds to Come Off Record Highs
FOREIGN FLOWS INTO government bonds are set to decline in 2025, after spiking to a record high in 2024 as the debt got added to JPMorgan's emerging market debt index, investors said.
Indices begin 2025 on a high
• FPIs continue selling spree
UPI Transactions Hit Record High in Dec; Value at ₹23.25L Cr
DIGITAL TRANSACTIONS CONTINUED their upward trend in December, with the number of transactions on the Unified Payments Interface (UPI) rising 8% month-on-month to hit a record of 16.73 billion, according to data from the National Payments Corporation of India (NPCI).
New Year Brings Stricter Regulatory Oversight for HFCs
WITH THE RESERVE Bank of India's (RBI) new guidelines coming into effect on Wednesday, housing finance companies (HFCs) are stepping into the new year under stricter regulatory oversight.
Banks' loan growth drops for fifth straight month in Nov
Banks' credit increased by 11.8% year-on-year in November, compared to a 16.5% rise in the same month in 2023, excluding the impact of HDFC Bank's merger with its parent, Housing Development Finance Corp, showed the latest data.
Nishant Pitti resigns as CEO of Easy Trip Planners
EASY TRIP PLANNERS, the parent company of online travel booking platform EasyMyTrip, announced the resignation of its CEO Nishant Pitti on Wednesday, adding that Pitti was stepping down for personal reasons.