CATEGORIES
S&P Global: India set for 'resilient' growth in 2025
THE INDIAN ECONOMY is set for resilient growth in 2025 on the back of strong urban consumption, steady service sector growth, and ongoing investment in infrastructure, S&P Global Ratings has said in its 'India Outlook for 2025' note.
Inoperative Jan Dhan accounts have ₹14,750 cr balance
INOPERATIVE BANK ACCOUNTS under Pradhan Mantri Jan Dhan Yojana (PMJDY) have a balance of ₹14,750 crore as of November 20, 2024, the finance ministry informed Rajya Sabha on Tuesday.
Industry body seeks separate policy for stainless steel sector
INDUSTRY BODY ISSDA has urged the government to formulate a separate policy for the stainless steel industry.
PM to lay out plan for socio-economic growth
● Agenda includes jobs, manufacturing, and MSMES
Highway construction declines 6.6% on year
HIGHWAY CONSTRUCTION IN the first eight months of this fiscal stood close to 4,900 km, which is 6.6% lower than 5,248 km in the same period last year.
Retail inflation likely fell sharply to 5.6% in Nov
● Decline was mainly due to cooling of vegetable prices
SVOD audience falls 2% in India: Report
INDIA'S SUBSCRIPTION VIDEO-ON-DEMAND (SVOD) audience base has witnessed a slight decline, dropping by 2%, from 153 million in 2023 to 150.6 million in 2024, according to The Ormax SVOD Audience Report: 2024.
Verdict is clear: Mega merger unlikely to threaten WPP's stupendous lead in India
Globally, Omnicom is the bigger of the two partners; but in India, IPG is at least three times larger than Omnicom, and WPP is double the size of IPG
Omnicom takes aim at Big Tech, AI with $13-bn Interpublic deal
OMNICOM GROUP has struck a $13.25 billion all-stock deal to buy rival Interpublic, creating the world's largest advertising agency as traditional players look to better compete with Big Tech firms amid accelerating use of AI.
Luxury property market is a boon to Trump's biz
Following Trump's win, a developer told local media about new deals. Like others, Indian firms buy land, build high-rises, sell the units and pay a fee to use 'Trump' name, which is putting India even more squarely in Trump Organization's sights
FY25 Budget shows ways to build an efficient workforce
SKILLS-BASED GROWTH COMPACT CAN BE KEY
IT sector hiring may grow 20% in 2025
THE IT SECTOR, which is on the path of recovery, is expected to witness 15-20% growth in job opportunities across various industries in 2025, talent solutions company NLB Services said.
India monitoring Syria situation, calls for stability
A DAY AFTER rebel forces overthrew President Bashar Assad's authoritarian government in Syria, India on Monday joined leading nations to call for stability and preserve the unity, sovereignty and territorial integrity of the Arab nation.
MFI disbursals drop 10% in Q2 as credit quality takes a hit
DISBURSEMENTS BY MICROFINANCE institutions dropped by more than 10% in the July-September period compared to the year-ago period as the industry started witnessing stress on asset quality, according to data shared by a self-regulatory organisation.
Sanjay Malhotra to succeed Shaktikanta Das as next RBI governor
While the growth in gross domestic product (GDP) plunged to a seven-quarter low of 5.4% in the second quarter of the current fiscal and demand looked weak, the RBI maintained its \"neutral\" stance.
CVC offers to buy software firm in $1.2-billion deal
SHARES IN GERMAN health-care software provider CompuGroup Medical surged 30% on Monday after the company said investor CVC Capital Partners has offered to acquire it and take it off the stock exchange.
South Korean prez barred from travelling abroad
SOUTH KOREAN PRESIDENT Yoon Suk Yeol has been banned from leaving the country over a failed attempt at imposing martial law, a justice ministry official said on Monday, amid growing calls for him to step down and a deepening leadership crisis.
Policy shift spurs surge in stocks, bond
STOCKS JUMPED AND China's government bonds rallied after the Politburo shifted its monetary policy stance to imply more easing is coming, mirroring moves made in previous crises.
Chipmaker Nvidia faces Chinese probe
CHINA ON MONDAY said it has launched an investigation into Nvidia Corp over suspected violations of the country's anti-monopoly law, in a move that will likely be seen as a retaliatory move against Washington's recent chip curbs.
China signals bolder stimulus as Trump returns to power
● Shift from 'prudent' strategy to come after 14 years
Gallagher to buy Assured Partners in $13.45-bn deal
ARTHUR J GALLAGHER said on Monday it would acquire insurance broker Assured Partners in an all-cash deal worth $13.45 billion, as it looks to bolster its focus on property and casualty and employee benefits across the U.S.
● FMCG company's long-term prospects are positive
The management anticipates mid-single-digit revenue growth with Ebitda margins below the normal range of 24-27%
CEAT: Focus on off-highway tyres
Camso deal to also strengthen company's portfolio in tracks
Tata Power: Focus on green energy growth
● Solar manufacturing, rooftop EPC projects to be key drivers
Crypto doesn't deserve a tax exemption
I AM (MOSTLY) bullish on crypto and (usually) sceptical of higher taxes, especially on capital gains. So why do I think it would be wrong to make crypto assets exempt from capital gains taxes, as President-elect Donald Trump's administration is reportedly considering?
Globalisation and India
VOLATILE GEOPOLITICAL REALITIES DO NOT AUGUR THE END OF GLOBALISATION
A new beginning
As he begins his term as RBI governor, Malhotra has to fill the big shoes of Das who has done a tremendous job
A solution in search of a problem
While the idea of a BRICS currency is a powerful negotiating tool in challenging dollar dominance, there are more long-term solutions
Master of the finest balancing act
● Despite not succeeding in sending the inflation 'elephant' back to the jungles, he was able to resist the rate cut pressure
Sebi alerts on risks of unlisted securities trading
THE SECURITIES AND Exchange Board of India (Sebi) has cautioned investors against platforms that facilitate transactions in unlisted securities of public limited companies.