CATEGORIES

Airtel adds users in Oct, Jio loses again

AFTER LOSING MOBILE subscribers for the three consecutive months, Bharti Airtel added 1.9 million users in October.

Simplilearn cuts losses by 56% to ₹107 cr in FY24

UPSKILLING PLATFORM SIMPLILEARN reduced its net losses by 56% to ₹106.7 crore in FY24 from ₹244.2 crore in FY23.

Air passenger traffic rises 12% in Nov

PASSENGERS CARRIED BY domestic airlines in India grew by 12% to 14.2 million in November against the same month last year, as per data supplied by the Directorate General of Civil Aviation (DGCA).

Firms seek relief in 2025

• CEOs say move to be calibrated to align with fragile demand

ReNew sells 300 MW solar asset in Rajasthan

RENEW ENERGY GLOBAL on Monday said it has sold its 300 MW solar project in Jaisalmer, Rajasthan, at an enterprise valuation of $176 million (nearly ₹1,500 crore) to Anzen Energy Yield Plus Trust.

Zoho-backed Silectric to invest ₹3,426 cr in Karnataka

SILECTRIC SEMICONDUCTOR MANUFACTURING, a venture backed by Chennai-based Zoho Corp, will invest ₹3,425.6 crore to set up a manufacturing unit in Karnataka's electronics manufacturing cluster at Kochanahalli, Mysuru. The project is expected to create 460 jobs.

Seed funding hits a 4-year low

DESPITE A MODEST recovery in startup funding this year, seed-stage investments remain in a slump, hitting their lowest since 2020.

Realty project costs, lease rents likely to rise on GST change

THE GST Council's decision to retrospectively amend the Central Goods and Services Tax (CGST) Act to restrict input tax credit (ITC) on construction services for commercial real estate such as malls, shops, etc., for leasing could push project costs and increase rents, said experts.

Former SC judge named as new NHRC chairman

FORMER SUPREME COURT judge V Ramasubramanian has been appointed the new chairperson of the National Human Rights Commission (NHRC), the rights panel said on Monday.

Suspension of Swiss MFN status not to hit EFTA pact

THE SWISS DECISION to suspend the most favoured nation clause in the Double Taxation Avoidance Agreement will not delay the ratification and implementation of the already signed trade agreement between India and the EFTA bloc, Switzerland has said.

NFRA's move on 'SQM' norms needless: ICAI

THE NATIONAL FINANCIAL Reporting Authority's (NFRA) move to notify standards on quality management (SQM) through the ministry of corporate affairs (MCA) is unnecessary, said Ranjeet Kumar Agarwal, president of the Institute of Chartered Accountants of India (ICAI).

Double counting: $3-4 bn downward revision in gold import figures likely

NOV GOLD IMPORTS SURGED OVER 330% COMPARED TO LAST YEAR

Discoms to miss target to cut AT&C losses again

LOSSES INCREASE IN MAHARASHTRA, TELANGANA, JHARKHAND IN LAST 5 YRS

West Asian share of crude imports at 9-month high

● Russia continues to be the top oil supplier to India

Mineral-rich Chhattisgarh now an investment destination too

A year after assuming office, Chhattisgarh chief minister Vishnu Deo Sai has unveiled a new industrial policy aimed at attracting investments in various sectors such as semiconductors, information technology, electronics, food processing, renewable energy, tourism, and education.

1% rise in m-cap of firms boosts GDP growth by 0.6%: SBI report

A 1% RISE in market capitalisation leads to a 0.6% rise in gross domestic product (GDP) growth rate, according to a report by SBI Economic Research Department.

GST panel against tax relief for EV charging stations

THE FITMENT COMMITTEE of the GST Council has recommended maintaining \"status quo\" in the current taxation structure for electric vehicle (EV) charging services, even as the industry is batting for complete exemption or a reduction in the tax rate from 18% to 5%, according to official sources.

Bangladesh owes Tripura ₹200 crore in power dues

BANGLADESH OWES TRIPURA ₹200 crore in electricity dues but no decision has been taken on halting power supply to the neighbouring country yet, chief minister Manik Saha said on Monday.

Govt plans to cut agri transportation costs

UNION MINISTER FOR agriculture and farmers' welfare Shivraj Singh Chouhan said on Monday that the government is developing a new scheme to reduce the transportation cost of farm produce and ensure higher income for farmers.

Centre may peg FY26 fiscal deficit at below 4.5% of GDP

THE CENTRAL GOVERNMENT is committed to pursuing the glide path of fiscal consolidation, as announced in the Budget for FY22, and to attain a level of fiscal deficit \"lower than 4.5%\" of the GDP by FY26, the finance ministry said.

PM's pre-Budget consultation with economists today

Ahead of the Budget for 2025-26, Prime Minister Narendra Modi will interact with a group of economists to seek their suggestions on maintaining economic growth momentum amid global uncertainties, a key focus area of the government.

Byju's: ICAI panel probing auditing lapses

CHARTERED ACCOUNTANTS' APEX body ICAI president Ranjeet Kumar Agarwal on Monday said its disciplinary committee is investigating alleged auditing lapses at edtech firm Byju's, reports PTI.

It's slow going at Indiamart

The B2B platform is working to stabilise operations

Scott Boland & the 'stolen generation'

ONLY IN HIS mid-20s, did the 35-year-old Scott Boland, Australia's fast bowler set to play in the fourth Test against India, realise his aboriginal origins.

26 members enter startup billionaire club in 2024

Fifty-year-old Supam Maheshwari, an IIM Ahmedabad alumnus, founded the online platform for babycare products FirstCry after selling an e-learning company that he had set up.

Smartphone exports set to top ₹1.70 L cr

THE SMARTPHONE INDUSTRY added exports worth ₹2.87 lakh crore during this period.

‘If it is business as usual, Viksit Bharat by 2047 will not happen’

Raghuram Rajan, former RBI governor, in an interview with Udit Misra, speaks on a wide variety of topics, ranging from inflation to GDP growth to the impact of possible global trade war under President Trump's second term. Excerpts:

Broker strength falls 40% on compliance burdens

The increasing number of APs has created a new problem for the industry as well as the markets regulator—there are more instances of APs engaging in unauthorized trades, promoting unregulated products and offering assured returns to lure clients.

Eliminates odour, cleans indoor air in a jiffy

● Ideal for bedrooms, offices, or small living areas

KEY FEATURES

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