CATEGORIES

Pannun Plot: Panel Seeks Legal Steps Against 'Individual'

A high-powered panel set up by the Union government to examine inputs provided by the US on an alleged plot to kill Khalistan separatist Gurpatwant Singh Pannun has submitted its report and recommended \"legal action against an individual,\" the Ministry of Home Affairs (MHA) said on Wednesday.

Fighting BJP, RSS and the Indian State: Rahul

BJP accuses him of attempts to break India

Trade deficit at $21.9 bn; exports fall 1% in Dec

THE TRADE DEFICIT in December 2023 was $18.1 billion.

AI to power 40% of utility control rooms, says Gartner

BY 2027, 40% of control rooms in the power and utilities sector will deploy AI-driven operators, according to Gartner.

Ensuing liquidity boost pushes major funds to ramp up positions

MAJOR FIXED-INCOME FUNDS are ramping up positions as they prepare for the Reserve Bank of India to start easing monetary policy this year.

HDFC Life Q3 profit climbs 15%

HDFC LIFE INSURANCE on Wednesday reported a 15% year-on-year rise in its standalone net profit for the third quarter at ₹414.94 crore.

Sundaram Alternates raises ₹1,000 cr for realty fund

SUNDARAM ALTERNATES, PART of Sundaram Finance, on Wednesday said it has made the first close of ₹1,000 crore for its real estate fund.

Let the rupee fall

What's important is the relative value of the currency vis-à-vis peer currencies and not its absolute value

Pixxel, Digantara Launch Satellites

Boost to Space Sector

S Korea in peril after prez's arrest

FACES MOUNTING THREATS FROM NORTH KOREA

Fivefold growth in green investments likely: Crisil

INDIA IS EXPECTED to see a fivefold growth in the investments to the green energy sector to ₹31 lakh crore between 2025 and 2030, according to Crisil.

ShareChat to trim workforce by 5%

SHARECHAT, A SHORT video platform owned by Bengaluru-based Mohalla Tech, is planning to trim its workforce by 5% later this month following its annual performance review.

Atishi 'running around like a hirni': Bidhuri

RAMESH BIDHURI, the BJP candidate in Kalkaji for the upcoming Delhi Assembly polls, stirred up controversy again on Wednesday with a comment about his contender and Delhi CM Atishi.

Joint efforts of startups, legacy players and academia key drivers of success

INDIA IS THE third-largest startup ecosystem in the world with 160,000 registered startups creating over 1.6 million employment opportunities.

Niti to evaluate Ujjwala Yojana & targeted subsidy

NINE YEARS AFTER the Pradhan Mantri Ujjwala Yojana (PMUY) was launched to provide affordable and clean cooking fuel to poor families, the Niti Aayog will conduct an evaluation of the scheme and targeted subsidy to PMUY beneficiaries on aspects such as scope for further improvement, equity and relevance.

India to play key role in global security: PM

AS THREE FRONTLINE vessels were commissioned together into the Indian Navy, a historic first for the country, Prime Minister Narendra Modi said on Wednesday that India is going to play a major role in giving direction to global security, economics and geopolitical dynamics.

NPAs of SFBs to rise in FY25: Icra

RATING AGENCY ICRA on Wednesday said small finance banks (SFBs) will see an uptick in delinquencies in FY25, and the asset growth will slow down to 18-20%.

Apparel retail may expect recovery in H2

THE APPAREL RETAIL sector in India is likely to show signs of recovery in the second half of FY25 due to improved consumer finances and a higher number of wedding days, India Ratings and Research (Ind-Ra) said on Wednesday.

DPIIT & ITC Join Hands to Help Manufacturing Sector Startups

The Department for Promotion of Industry and Internal Trade (DPIIT) has entered into a partnership with cigarettes-to-consumer goods conglomerate ITC to help startups in the manufacturing sector, according to a statement.

Maha Kumbh: 16 mn take holy dip

THE FOG WAS thick, the cold intense and the waters freezing as the Maha Kumbh, the world's largest gathering, began on Monday with over 16.5 million people taking a dip in the Sangam in their quest for ‘moksha’ and the belief it will wash away their sins.

IMD turns 150 today

PM Modi will launch 'Mission Mausam' on Tuesday to mark the 150th foundation day of IMD

Pixxel to launch India's first private satellite network

PIXXEL IS SET to launch three of its six hyperspectral imaging satellites aboard a SpaceX rocket from California on Tuesday, the first such network in India's nascent private space sector, Pixxel's chief told Reuters.

PAG Buys Stakes in Manjushree, Pravesha

ASIA PACIFIC-FOCUSED PRIVATE equity firm PAG on Monday announced that it has signed a pact to acquire a stake in Manjushree Technopack, one of the country's largest rigid plastic packaging firms.

Captain Fresh Narrows Loss, Logs Jump in FY24 Revenue

TIGER GLOBAL-BACKED B2B seafood chain Captain Fresh reduced its net loss by 22% to ₹229 crore in FY24, while growing its topline by almost 70% to ₹1,395 crore.

WeWork India raises ₹500 cr

CO-WORKING MAJOR WeWork India announced on Monday that it has raised ₹500 crore through a rights issue of securities.

Dabur vs Tata in Delhi HC over chutney name

FMCG giant Dabur will respond to a notice issued by the Delhi High Court in a trademark infringement case on February 5.

Hiremath seeks a third of Kalyani family fortune

THE FAMILY FEUD between Baba Kalyani, chairman and MD of Bharat Forge, and his sister Sughandha Hiremath has taken a fresh turn with the latter filing a case in the Pune court, seeking a third of the former's family wealth.

Jio, Yotta, 11 others present AI compute infra plans to MeitY

HIRANANDANI-BACKED YOTTA, TATA Communications, Jio, CtrlS and E2E Networks were among 13 companies that presented their technical presentations before the ministry of electronics and information technology (MeitY) on Monday, to make available the AI compute infrastructure in the country, sources said.

E-comm platforms see jump in e-scooter sales

E-COMMERCE PLATFORMS IN India are experiencing unprecedented growth in electric two-wheeler (E2W) sales, albeit from a low base, driven by an omnichannel strategy adopted by both traditional OEMs and new-age EV manufacturers.

Path cleared for Zepto to merge units

NO NEED FOR RBI APPROVAL