CATEGORIES
Trump fuels Bitcoin surge to $80,000 for the first time
Bitcoin is closing in on $80,000 for the first time, boosted by President-elect Donald Trump's embrace of digital assets and the prospect of a Congress featuring pro-crypto lawmakers.
Rising rural incomes swell FMCG basket
Digital payments are also on the rise, with 42% of rural internet users now using these services
Malai kulfi to jaggery: Indian liquor firms infuse heritage into spirits
India's alcohol business is getting a flavourful makeover as local distillers infuse their spirits with a rich mix of regional ingredients.
Land deals soar amid India's housing boom
Godrej Properties has made 10 land acquisitions so far this fiscal year
Warner Music India invests in SkillBox, enters live shows biz
Investing in SkillBox blends with Warner Music India's aim of being artiste-first, fan-first, said its MD Jay Mehta
SBI's core performance soft in Q2
State Bank of India Ltd (SBI) has reported an impressive jump of 51% year-on-year (y-o-y) in its September quarter (Q2FY25) standalone pre-provisioning operating profit (PPoP) to ₹29,295 crore.
FROM PERENNIALLY CAPITAL-STARVED TO PROVIDER OF CAPITAL
Calls from foreign HR feel like a 'Follow' request from a college crush to Bertie
Nifty earnings growth estimate for FY26 looks tough to achieve
More reforms are needed on land, labour, farm and judiciary to improve the investment climate Nilesh Shah MD, Kotak Mahindra Asset Management Co.
India's infra ambitions to get a new X factor: The military
The initiative under PM Gati Shakti will build dual-use road, port, power and airport projects
EPFO sees 7.6% rise in pension payers
The Employees Provident Fund Organisation (EPFO) saw a 7.6% rise in contributors in FY24, and adopted a new policy to support dependents and wards of EPFO employees who died during the pandemic, a press release said.
Cell for handling new health crises planned
The cell would meet regularly during crises, or it would meet as and when required to fix priorities
THE WORRYING RISE OF FRAUDSTERS ON THE PROWL ONLINE
Within the first three months of 2024, fraudsters had extorted sums totalling ₹120.3 crore
PSUs in a bind on arbitration powers
The Supreme Court's move to slash the powers of state-run companies to unilaterally appoint arbitrators on Chief Justice D. Y. Chandrachud's last day in office leaves the country's public sector units (PSUs) in a cloud of uncertainty.
Clean energy sees surge in foreign investment but other sectors decline
Foreign Direct Investment (FDI) equity inflows in the non-conventional energy sector surged in the first three months of this financial year, making it the tenth-largest FDI destination of all time, underscoring rising global interest in India's green energy initiatives.
Electric 3-wheeler subsidies for FY25 halt as sales hit cap
The removal of a central government subsidy will likely make popular electric three-wheelers dearer for the rest of this fiscal year, potentially disrupting sales of manufacturers such as Bajaj Auto, Mahindra Last Mile Mobility and Piaggio.
NFRA begins audit standards overhaul
Review of ICAI's 38 audit standards, plus two quality standards
Gold loans glitter on personal loan crackdown
The regulatory clampdown on unsecured personal loans has given a fillip to loans against the yellow metal, with gold loans soaring in the last few months.
Premium the watchword for SBI as Q2 profits surge
Chairman says the bank will compete on quality of service, not on deposit rates
India eyes grants, loans for Global South at COP29
India plans to leverage its climate commitments to pitch for grants and concessional loans, instead of investments for the Global South, at the upcoming climate negotiations in Baku, two people aware of the matter said.
Tata Steel's Q2 show weighed down by slow Europe revival
The September quarter (Q2FY25) earnings of Tata Steel Ltd had its share of positives even as European operations remain a drag.
Spectre of fall in revenue nixes telecom levy cut
Indian telecom service providers' hopes to get relief from levies on adjusted gross revenue (AGR) might get dashed on the Union finance ministry's revenue concerns, according to two senior officials close to the discussions.
Zomato, Swiggy face CCI heat on antitrust violation
An investigation by India's antitrust body found food delivery giants Zomato and SoftBank-backed Swiggy breached competition laws, with their business practices favouring select restaurants listed on their platforms, documents show.
Trump enters just as the Fed is shifting its focus
With its second consecutive interest-rate cut this year, the Federal Reserve is attempting to boost the odds of a soft landing.
Regulator gets staff to enforce drug quality
The govt is planning to fill 250 new positions to strengthen enforcement
Govt unveils scheme for meditech industry
The government on Friday launched a scheme aimed at strengthening the medical devices industry with an initial outlay of ₹500 crore for three years 2024-2025 to 2026-27.
RATAN TATA MADE INDIA A BETTER, KINDER PLACE
Shri Ratan Tata's support for the Swachh Bharat Mission was close to my heart
Ministry cancels allocation of coal block to JSW Steel
The Union coal ministry has annulled the allocation of the Banai-Bhalumunda coal block in Chhattisgarh to Sajjan Jindal-led JSW Steel over the non-payment of a performance bank guarantee worth about ₹1,000 crore.
LIC evaluating health insurers to buy stake
MD Siddhartha Mohanty says LIC is looking to close a deal by March
Ola Electric Q2 loss narrows to ₹495 cr, revenue jumps 39%
Electric two-wheeler maker Ola Electric Mobility posted a consolidated net loss of ₹495 crore for the September 2024 quarter (Q2FY25) on Friday, 8 November.
PFC declines SP Group's ₹20,000-cr loan proposal
State-run Power Finance Corporation (PFC) has decided not to go ahead with the ₹20,000-crore loan proposal to Shapoorji Pallonji Group (SP), PFC chairman Parminder Chopra said on a call with analysts on Friday.