CATEGORIES

Punjab & Sind Bk raises ₹3,000 cr from maiden infrastructure bonds

State-owned Punjab & Sind Bank on Wednesday raised Rs 3,000 crore from issuance of maiden infrastructure bonds aimed at expanding infra lending.

ITC consolidates shareholding in Oberoi, Leela chains

ITC Ltd, which is demerging its hotels business from January 2025, on Wednesday said it has acquired shareholding of rival hospitality chains Oberoi and Leela from its wholly-owned arm, Russell Credit Ltd.

'We have to wait and see how Trump's threat pans out'

US prez-elect has threatened to impose reciprocal tax on India

US Fed cuts interest rates by 25 bps for 3rd time this year

The Federal Reserve on Wednesday cut interest rates by a quarter point, the third rate cut since it began to lower borrowing costs in September, CNN reported.

Net direct tax kitty grows 16.5% to ₹15.82L cr till Dec 17

The Centre's direct tax collection, net of refunds, for the period from Apr. 1 to Dec. 17 was INR 15.826 trillion, up 16.5% from the year-ago period, the finance ministry said in a release Wednesday.

Employers can file wage details till Jan 31 for higher pension

Retirement fund body EPFO has extended time till January 31, 2025 for employers to upload wage details etc regarding 3.1 lakh pending applications for pension on higher wages.

Rupee falls 3 paise to close at all-time low of 84.94 against USD

The rupee dropped 3 paise to close at an all-time low of 84.94 (provisional) against the US dollar on Wednesday, as traders await cues from the US Fed on the interest rate front.

ESIC new members addition rises 3% to 17.80 lakh in Oct

Employees' State Insurance Corporation (ESIC) registered a 3 per cent growth in new subscriber enrolments at 17.80 lakh in Oct against a year ago, according to payroll data released on Wednesday.

India's growth momentum has picked up after Q2 slowdown: Jeffries

The improvement in India's economic growth after the slowdown in the July-September quarter is visible as movement indicators like fuel consumption, vehicles tolled and air traffic have strengthened, Jefferies said in a note on Wednesday.

PE/VCs invest $4 bn in Nov

Private equity and venture capital (PE/VC) funds invested USD 4 billion in November, which was 156 per cent higher than the year-ago period but lower about 15 per cent compared with the preceding month, a report said on Wednesday.

Markets decline for third straight day; US Fed policy in focus

Equity benchmark indices Sensex and Nifty stayed on the back foot for the third straight session on Wednesday as investors offloaded utility, capital goods and metal stocks amid foreign fund outflows.

Indian real estate attracts record $8.87 bn institutional investments in 2024: JLL

Institutional investment in Indian real estate rose 51 per cent to a record USD 8.87 billion during 2024 as investors look to encash strong demand for housing, office and warehousing properties, as per JLL.

Properties worth ₹22,280 crore of eco-offenders like Mallya, Choksi restored by ED: Sitharaman

Finance Minister Nirmala Sitharaman has listed several major cases where the Directorate of Enforcement has from time to time attached properties of individuals and companies connected to economic offence cases.

Indian economy to grow 6.6% in FY26: Ind-Ra

India Ratings and Research (Ind-Ra) on Wednesday projected the Indian economy to grow at 6.6 per cent in 2025-26, up from 6.4 per cent in the current fiscal year.

Gilts end higher on PSU bks' buys; traders await FOMC outcome

Government bonds ended slightly higher, tracking an overnight fall in US Treasury yields, with purchases by state-owned banks also supporting domestic bond prices during the day, dealers said.

HUSBAND ARRESTED WITHIN 24 HOURS OF WIFE'S MURDER

Spousal Murder | Domestic dispute turns fatal

Siblings fall in well; die

Two siblings lost their lives on Tuesday morning after they fell inside a well while playing on a farm at Adul in Paithan taluka.

MSEDCL amnesty extended till December 31

Maharashtra State Electricity Distribution Company Ltd (MSEDCL) has launched an amnesty scheme to reconnect the electricity connections of the consumers having outstanding bills.

Fire brigade serves notices to 75 shopkeepers, hoteliers

Notices are served as a security measure to ensure establishments take adequate safety measures

BAMU: 8,848 students' forms remaining pending

The first-semester examination of the degree courses of Dr Babasaheb Ambedkar Marathwada University (BAMU) began on Tuesday.

2nd Baramati Power Marathon concludes successfully

running ahead

ISF 2025 to be held in Pune

The sixth edition of the India Science Festival (ISF) is set to take place on Jan 11-12, 2025, at Fergusson College in Pune.

Mahabaleshwar sees frozen dew

The tourism season in Maharashtra has commenced with a surge of visitors flocking to the picturesque hill stations of Mahabaleshwar and Panchgani.

Cold wave sweeps Pune

A cold wave has swept several parts of Maharashtra, with the minimum temperature slipping to single digit at several places, including Pune, the India Meteorological Department (IMD) said on Wednesday.

Bhujbal protests spark NCP internal rift in Pune

Dipak Mankar, the Pune city head of the Nationalist Congress Party (NCP), on Wednesday, said they could also give a befitting reply to Chhagan Bhujbal's supporters but are keeping quiet because of 'Dada' (Ajit Pawar).

Dance teacher arrested for assaulting two minor students

An incident of sexual assault on two minor students of classes 4 and 6 of a reputed school in Warje Malewadi has come to light recently.

STUDY ROOM TURNS INTO CIVIC BODY'S WAREHOUSE

PMC UNDER FIRE | Change of building's usage irks residents, raises questions

'Army Mela' in Pune from Jan 3

The Indian Army's Southern Command is organising the prestigious Army Day Parade 2025 in Pune on Jan 15. It's the first time that the city will host this iconic event.

Illegal stay: 2 held in Thane

THANE

NGT clears 2 BSV units in pollution case

The decision came after detailed scrutiny of the claims and counterclaims regarding pollution in Chikhloli Dam.