CATEGORIES

The world trusts us, we are for peace, says PM

UNDERLINING THAT \"THE world trusts us because there is no duplicity in us\", Prime Minister Narendra Modi said on Friday while \"we are not neutral... I will cooperate in every effort\" for peace, be it between \"Russia and Ukraine, Israel and Palestine\".

Bigger Capex Loans to States

The Centre has relaxed a clutch of norms regarding the release of interest-free capex loans to the state governments to ensure that the entire sum of ₹1.5 lakh crore earmarked for 2024-25 is fully utilised during the year, and help arrest a decline in public capex.

Sanctions to hit oil supplies to India

The Biden administration on Friday imposed its broadest package of sanctions yet targeting Russia's oil and gas revenues in an attempt to give Kyiv and the incoming administration of Donald Trump leverage to reach a deal for peace in Ukraine.

E-gaming firms get relief

THE TOP COURT last year allowed a petition of the Centre and transferred to itself pleas, challenging the imposition of 28% GST on e-gaming firms, from 9 high courts for an authoritative pronouncement.

L&T chief's advice...

THE YOUNGER GENERATION, many corporate chiefs, believe will want a better work-life balance and companies should respond to their suggestions else they would lose talent.

Oil prices rally 3% to touch 3-month high

OIL PRICES RALLIED nearly 3% to their highest in three months on Friday as traders braced for supply disruptions from the broadest US sanctions package targeting Russian oil and gas revenue.

Court tells CBI to give pre-arrest notice to Karti

A DELHI COURT on Friday directed the CBI to give a three-day prior written notice to Congress MP Karti Chidambaram in a fresh corruption case alleging he gave relief to a liquor company over the duty-free sale of its whisky.

'Any disputed structure should not be called a mosque'

Amid a series of temple-mosque disputes, with several suits pending before various courts, UP CM Yogi Adityanath said on Friday that any disputed structure should not be called a mosque.

SC Status Quo on Well at Sambhal Mosque

THERE WILL BE no worship or holy bath at the well near the Shahi Jama Masjid in Sambhal in Uttar Pradesh.

Capable, but not yet aspirational

● A fine scooter for business, but needs a rethink to attract personal-use buyers

What's Qualcomm doing with Royal Enfield?

THE QUALCOMM booth at the Consumer Electronics Show 2025 in Las Vegas this week had an unusual display – a motorcycle by Royal Enfield, called Flying Flea C6.

Protect insurance payouts from creditors by buying term plan under MWP Act

● Death benefits are paid directly to the wife or children

Loan Against MF Units Cheaper Than Personal Loan

How should I apply for a loan against my mutual funds? Will the interest rate be lower than that of a personal loan?

Splinternet: A New World for Facebook, Instagram

WHEN MARK ZUCKERBERG earnestly looked at a camera and told the world (or President-elect Donald Trump) that he was shutting down all fact-checking on Facebook and Instagram, he left out some important context.

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A complex world order

CAN INDIA ADVANCE ITS INTERESTS AS TRUMP TRIES TO MAGA IN A CHANGING WORLD?

4 mins |

Securing the future of messaging

SMS heydays are long over, but it remains a weak link in India's digital ecosystem. Rich communication services offer a much-needed solution

3 mins |

HR disaster

It's nobody's case that hard work isn't necessary but no CEO can expect crazy working hours to be the norm

Apollo weighs $9.5-bn stake in Seven & i buyout

Apollo Global Management is considering taking a substantial stake in a bid by Seven & i's founding Ito family to take the Japanese convenience store operator private, people familiar with the matter said.

US Unemployment Rate Falls to 4.1%

US JOB GROWTH unexpectedly accelerated in December while the unemployment rate fell to 4.1% as the labor market ended the year on a solid footing, reinforcing the Federal Reserve's cautious approach to interest rate cuts this year.

LA Wildfires Rage for Third Night, Death Toll Rises to 10

NEARLY 10,000 STRUCTURES GUTTED IN WORST BLAZE IN CITY'S HISTORY

Hush money case: Trump avoids jail and punishment

US PRESIDENT-ELECT Donald Trump will not go to jail or face any other punishment for his criminal conviction stemming from hush money paid to a porn star, a judge ruled on Friday but said Trump's Jan. 20 inauguration would not erase the jury verdict.

Rupee ends at 85.97 after breaching 86-mark for first time

THE RUPEE DECLINED 11 paise to close at 85.97 against the US dollar on Friday as it failed to resist pressure from a stronger American currency amid huge outflow of foreign funds.

NaBFID Plans Record ₹40K-Cr Fundraising

STATE-OWNED NATIONAL BANK for Financing Infrastructure & Development (NaBFID) is targeting its largest-ever fundraising for the January-March period to back the nation's ambitious growth push.

Fx reserves at 10-month low as rupee pressure mounts

FOREIGN EXCHANGE RESERVES fell for the fifth consecutive week to a 10-month low of $634.59 billion as of January 3, data from the Reserve Bank of India showed on Friday.

Liquidity woes prompt RBI to hold largest VRR auction in a year

AS THE LIQUIDITY deficit deepens further, the Reserve Bank of India (RBI) on Friday conducted its largest variable rate repo (VRR) auction in nearly a year with a notified amount of ₹2.25 lakh crore.

Capital fundraising to rise 21% this fiscal: Sebi chief

● Regulator will soon launch SIPs with a minimum amount of ₹250

SBI chairman for tracking of funds raised by small biz

STATE BANK OF India chairman CS Setty on Friday pitched for the creation of a market infrastructure institution to track the end-use of funds borrowed or raised as equity by small businesses.

Byju's staff files ₹177-cr claims

IN THE ONGOING corporate insolvency resolution process of Byju's, employee claims filed as operational creditors have reached ₹177.5 crore, with approximately ₹32.56 crore being provisionally admitted by the resolution professional (RP), according to a document reviewed by FE.

AI-powered healthcare firm Innovaccer raises $275 mn

SAN FRANCISCO AND NOIDA-HEADQUARTERED artificial intelligence-powered healthcare platform Innovaccer has raised $275 million in a Series F funding round, marking its first capital infusion since 2021.