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RBI: Ensure nominations in all bank accounts and lockers

THE RESERVE BANK (RBI) on Friday asked banks to ensure nominations in new and all existing customers' deposit accounts and safety lockers, highlighting that a large number of accounts do not have nominations.

Axis Bank stock sinks 6% on weak Q3 show

Stocks hit 52-week low; brokerages slash price targets

Hamas to release first hostages on Sunday

ISRAELI CABINET RECOMMENDS GAZA CEASEFIRE DEAL

IMF, World Bank peg India's FY25 growth at 6.5%

THE INTERNATIONAL MONETARY Fund (IMF) has retained India's GDP growth forecast to 6.5% for the current financial year, which is \"in line with potential\".

In a first, small cars are a no-show

PASSENGER VEHICLE MARKET GRAVITATES TOWARDS MID-SIZE AND LARGE SUVS

Crude import bill rises 4% in April-December

INDIA'S CRUDE IMPORT bill increased 3.7% during the first nine months of the current fiscal 2024-25 to $102.5 billion against $98.8 billion in the same period in FY24, data from the Petroleum Planning and Analysis Cell showed.

Medical device makers hail ban on refurbished imports

MEDICAL DEVICE MANUFACTURERS have welcomed the drug regulatory authority's decision not to allow refurbished medical devices to enter the country, in a move to curtail the influx of such unregulated products.

Top Paytm Officials Pay ₹3.32 Cr to Settle Sebi Norms Violations

The Securities and Exchange Board of India (Sebi) on Friday allowed eight former board members of Paytm's parent company One97 Communications to settle for non-disclosure of material information for ₹3.3 crore.

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Imran Khan gets 14-year jail term in graft case

A PAKISTANI COURT on Friday sentenced jailed former prime minister Imran Khan and his wife Bushra Bibi to 14 and seven years in prison respectively after finding them guilty of corruption in the 190 million pounds al-Qadir Trust case.

Coldplay fans flock to resale sites for tickets

POPULAR BRITISH ROCK band Coldplay will be performing at the DY Patil Stadium in Navi Mumbai on January 18, 19 and 21 and at Ahmedabad's Narendra Modi stadium on January 25 and 26.

Maruti enters e-mobility

MARUTI SUZUKI, THE country's largest carmaker, has finally entered the electric mobility space with the eVitara, which will be launched later this year in two battery pack options - 49 kWh and 61 kWh. The latter will have a claimed driving range of more than 500 km.

Al's rise: Progress, power, and ethical peril

THE GLOBAL DISCOURSE surrounding artificial intelligence (AI) has largely

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Reducing Tax Disputes Can Unlock Revenues

HUGE PILE-UP OF INCOME TAX DISPUTES A SERIOUS CONCERN

Will Not Attend Trump Inaugural, Says Nvidia CEO

NVIDIA's CHIEF EXECUTIVE Jensen Huang said on Friday he will not be attending U.S. President-elect Donald Trump's inauguration, but will instead be \"on the road,\" celebrating the Lunar New Year with employees and their families.

Quad meet with India on the table day after Trump takes office

Secy of State nominee Rubio had faulted Obama govt for neglecting India-US ties

US Supreme Court Upholds Law That Would Ban TikTok

The justices ruled that the law did not violate USConstitution's First Amendment protection against government abridgment of free speech

Forex reserves fall to lowest in 10 months

INDIA'S FOREIGN EXCHANGE reserves extended their losing streak for a sixth straight week and stood at a 10-month low of $625.87 billion as of January 10, data from the Reserve Bank of India showed on Friday.

Aditya Birla jewellery arm aims to reach 100 stores in 3 years: CEO

THE AVERAGE VALUE of purchases at Indriya stores exceeds that of other new entrants in the Indian jewellery market, the company's chief executive officer Sandeep Kohli said.

Economic Growth Set to Pick Up: RBI Bulletin

ECONOMIC GROWTH IS poised to rebound as domestic demand regains strength, though the stickiness in food inflation warrants careful monitoring, the latest bulletin by the Reserve Bank of India (RBI) released on Friday said.

Closely monitoring prices, says govt

THE GOVERNMENT IS closely monitoring the prices and availability of essential food commodities to ensure affordability for the consumer and to maintain a stable price regime, according to a note by the department of consumer affairs.

Centre gives ₹11,440-crore lifeline to RINL

THE UNION CABINET has approved a ₹11,440 crore revival plan for debt-laden Rashtriya Ispat Nigam (RINL), according to a statement released on Friday.

TechM logs 21% fall in Q3 profit

TECH MAHINDRA ON Friday logged a 21.36% sequential decline in its net profit due to a higher base reported in the previous quarter, that came from a one-time special income from sale of assets.

Unhappy new year for investors so far

INVESTORS LOST a record ₹13.3 lakh crore in the first fortnight of the current calendar year—the highest-ever in absolute terms.

ICICI Lombard Q3 net profit surges 68% to 724 crore

ICICI LOMBARD GENERAL Insurance on Friday posted a 68% year-on-year increase in its third-quarter net profit at ₹724 crore. The company's net profit for the same quarter previous year stood at ₹431 crore.

Q3 a mixed bag for IT majors

Growth for Infy, Wipro; challenges for TCS, HCLTech

FDI in auto sector to grow manifold: PM

FOREIGN DIRECT INVESTMENT (FDI) in India's auto sector will increase manifold in the coming years from $36 billion received in the last four years as efforts are underway to develop the entire ecosystem related to auto manufacturing domestically, Prime Minister Narendra Modi said on Friday.

Cabinet approves refarming of 687 MHz spectrum for 5G, 6G

COMMUNICATIONS MINISTER JYOTIRADITYA Scindia on Friday said the Cabinet has approved the refarming of 687 MHz of spectrum from various government ministries for the deployment of 5G and future 6G services.

Zomato invests ₹500 cr more in Blinkit for expansion

ZOMATO HAS INVESTED an additional ₹500 crore in its quick commerce arm Blinkit, according to regulatory filings with the Registrar of Companies (ROC).