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Two crop insurance schemes to run till FY26
● Total allocations for PMFBY & RWBCIS for FY22-26 raised to ₹69,515 crore
IREDA loan disbursements up 41%
STATE-OWNED INDIAN RENEWABLE Energy Development Agency (IREDA) sanctioned loans worth ₹31,087 crore in the third quarter of the current financial year, up 129% from ₹13,558 crore in the same period last year, according to provisional data provided by the company.
2024 Was Warmest Since 1901; Jan 2025 to Be Relatively Warm
THE YEAR 2024 was the warmest on record in India since 1901, with the average minimum temperature settling 0.90 degree Celsius above the long-period average, Mrutyunjay Mohapatra, director general of the India Meteorological Department (IMD), said on Wednesday.
FY25 Tobacco Exports to Top ₹13,000 Cr
Higher yields & prices drive growth; no increase in area under tobacco cultivation
Govt cuts jet fuel price by 1.5%, commercial LPG by ₹14.5/cylinder
The price of jet fuel, or ATF, on Wednesday was reduced by 1.5%, and the rate of commercial LPG that is used in hotels and restaurants was cut by ₹14.5 per 19-kg cylinder in the monthly revision done in line with benchmark international prices.
Bajaj Auto topples Ola
TO COUNTER THESE challenges, Ola Electric opened 3,200 new stores in a single day last week, bringing its total network to 4,000 showrooms and service centres nationwide.
Naxals trying to expand without success: MHA
FACING TOUGH ACTION from security forces, the Naxals are making efforts to expand to new areas along inter-state borders but without any notable success, the latest report from the home ministry has said.
Funding worries remain for startup ecosystem
FIRST-TIME FUNDING rounds also declined 40%, highlighting a broader conservative trend among investors.
India Inc's 2025 wish list: A future-ready economy
Agarwal hopes the government will stay on the path of fiscal discipline, ensuring economic stability.
Biren concludes 2024 with an apology: 'I want to say sorry'
● Says we have to start a new life, a peaceful Manipur
'AI and marketing make a powerful combination'
Chief marketing officers (CMOs) are no longer shooting in the dark when it comes to understanding consumer behaviour, preferences, and market trends.
Spotlighting the customer, not the product
Why the Mercedes-Benz campaign rocks:
Build relationships to cement success...
...and some more ideas to defend your market
Navigating trade challenges
IN 2025, INDIA'S TRADE POLICY SHOULD FOCUS ON SERVICES, US AND JOINING THE CPTPP
Audit Needs To Be Proper
Global investors will look for transparent accounting, best practices are a must
Let the rupee find its own level
Seeking elusive stability in the exchange rate while the economy remains open to capital flows entails a relatively less independent monetary policy to boost growth
Here's why there's hope for climate financing
SO, WE'RE AT the end of another record-breaking year for heat. It became \"effectively certain\" at the start of December that 2024 is going to be the warmest year on record and more than 1.5°C above the pre-industrial baseline, according to the Copernicus Climate Change Service, part of the European Union's Earth observation programme.
Russia to Cut Gas Flow to Europe via Ukraine
RUSSIAN ENERGY COMPANY Gazprom said it would pump a reduced volume of gas to Europe via Ukraine on Tuesday, the last day before the expiry of a deal that had kept the gas flowing throughout nearly three years of war. Barring a last-minute surprise deal, gas flows are likely to stop on Jan. 1 after the expiry of the five-year transit agreement between Russia and Ukraine, marking an almost complete loss of Moscow's once mighty hold over the European gas market.
Central Bank Steps Up Liquidity Infusion
CHINA'S CENTRAL BANK injected 1.7 trillion yuan ($233 billion) of cash in December, dialing up liquidity support for the economy and financial markets at year-end.
S Korea crash: Airport embankment in focus
SOUTH KOREA RAMPED up investigations on Tuesday into the cause of its deadliest domestic air accident as police worked to identify victims while families of those killed in the crash of a Jeju Air jet pushed for more details.
US Treasury says its system hacked, China behind it
THE US TREASURY Department was hacked by a Chinese state-sponsored actor through a third-party software service provider, according to a letter the agency sent to Congress on Monday.
South Korea Issues Arrest Warrant for Impeached Prez
A SOUTH KOREAN court gave authorities approval on Tuesday to detain impeached President Yoon Suk Yeol in a criminal investigation into his martial law decree, marking the first time that a sitting president of the country has faced arrest.
How Musk Planted Himself at Trump's Doorstep
ELON MUSK plays many roles with President-elect Donald Trump. He is Trump's most important donor, most influential social media promoter, and a key adviser on policy and personnel.
China's 2024 GDP growth set to hit target of 5%, says Xi
PREZ SAYS NEXT YEAR HE WILL IMPLEMENT MORE PROACTIVE POLICIES
Re closes at new all-time low
HEADED FOR LOSSES
Sebi Launches MF Lite Scheme to Strengthen Passive Funds
Sebi on Tuesday announced the launch of the Mutual Funds Lite (MF Lite) framework to simplify the compliance process for entities launching passively managed mutual fund schemes.
Sensex, Nifty fall in final session
BENCHMARK INDICES SENSEX and Nifty ended lower on the final session of 2024 on Tuesday amid persistent foreign fund outflows and weak trends in the global markets.
Gold set to shine brighter in 2025
Easing interest rates and geopolitical tensions could fuel a golden rally
FPIs Again Turn Net Buyers of Govt Securities in Dec
AFTER TURNING NET sellers of government bonds under the fully accessible route (FAR) for the first time since India's inclusion in the JP Morgan Global Market Index - Emerging Suite in November, foreign portfolio investors (FPIs) have again turned net buyers in December.
CCI Seeks More Info on Charges Against Quick-Commerce Firms
The Competition Commission (CCI), which has received a complaint of anti-competitive practices against quick commerce companies, is waiting for more information on the allegations from the complainant before taking a decision on the matter.