CATEGORIES

GenAI Intensifies Pricing Pressure on IT Sector

The rapid adoption of generative AI (GenAI) is reshaping spending patterns in the IT services industry; however, this technological shift is intensifying pricing pressures for providers.

Weak demand to keep revenue growth of FMCG firms muted

Analysts see slower volume growth from weak urban demand

Vande Bharat sleeper trains set for May launch

WITH SUCCESSFUL TRIALS of the Vande Bharat sleeper trains at a peak speed of 180 kmph, the railways is gearing up to upgrade its premium long-distance passenger services.

Unclaimed insurance amount at ₹20k-cr at the end of FY24: IRDAI

THE LIFE INSURANCE sector has reported unclaimed amounts totalling ₹20,062 crore as of March 2024, according to the Insurance Regulatory and Development Authority of India (IRDAI).

13 States, UTs Among 'Achievers' in Logistics Performance Index

Gujarat, Karnataka, Maharashtra, Odisha, Tamil Nadu and Delhi are among the 13 states and Union Territories (UTs) that have been categorised as \"achievers\" in the logistics index chart 2024, according to a report released by the Commerce and Industry Ministry on Friday.

MSP Paddy Purchases Cross Last Year's Level

Despite a sluggish commencement of procurement caused by storage crunch in Punjab, the government's paddy procurement for the 2024-25 season (October-September) has surpassed 48.3 million tonne (MT), slightly higher than last year.

Govt boosts gas supplies to CGD firms, stocks rise

SHARE PRICES OF City Gas Distribution (CGD) companies, including Indraprastha Gas, Mahanagar Gas, and Gujarat Gas, surged by up to 6% on Friday, recovering from intraday lows.

India Looking For Deep Ties With Trump Govt: Goyal

INDIA IS LOOKING forward to a deep and substantive engagement with the incoming Trump administration that assumes office later this month, commerce and industry minister Piyush Goyal said on Friday.

Govt open to make it easier for startups to return to India

THE GOVERNMENT IS open to ideas to make it easier for startups that have migrated overseas to return, commerce and industry minister Piyush Goyal said on Friday.

Manu, Gukesh Among 4 to Be Awarded Khel Ratna

DOUBLE OLYMPIC-MEDAL-LIST Manu Bhaker and chess world champion D Gukesh were among four winners of the Major Dhyan Chand Khel Ratna award announced by the Sports Ministry, which also named an unprecedented 17 para-athletes in the list of 32 Arjuna awardees to honour their resounding success at the Paris Paralympics.

White-collar hiring up 9% in December

AI/ML, OIL & GAS, FMCG MAJOR GROWTH DRIVERS

Captain Rohit to miss Sydney Test, 'opts to rest'

THE EARLY HINT of India captain Rohit Sharma sitting out of the final Test of the Border-Gavaskar Trophy at Sydney came from head coach Gautam Gambhir.

Norms for capex release...

Minimising Shortfall

Rein in tax terrorism

WE NEED A TRANSPARENT SYSTEM THAT CURBS LITIGATION AND A QUICK RESOLUTION PROCESS

Indices soar nearly 2%

EQUITY INDICES OF China, Hong Kong, and Thailand declined by up to 2.66%, while Indonesia (up 1.18%), Australia (up 0.53%), and Singapore (up 0.35%) ended with gains.

Lessons from Manmohan Singh

Singh, as an RBI governor living through the permissive 1980s, understood the value of fiscal conservatism and implemented it as finance minister

H-1B Visa Flip-Flop

Trump must convince hardliners that giving US access to the world's best and brightest is essential to its future

New Orleans attack: Accused was inspired by Islamic State

A Tesla Cybertruck exploded in flames outside the Trump International Hotel Las Vegas on Wednesday, killing the driver and injuring seven others, and the FBI was investigating whether the blast was an act of terrorism, officials said.

Europe, Asia factories end 2024 on weak footing

FACTORY ACTIVITY IN Asia and Europe ended 2024 on a soft note as expectations for the new year soured amid growing trade risks from a second Donald Trump presidency and China's fragile economic recovery.

US Jobless Claims Fall to Eight-Month Low

INITIAL APPLICATIONS FOR US unemployment capped 2024 at an eight-month low, reflecting the relatively muted levels of job cuts in a labor market that has remained surprisingly resilient.

China's Late-Year EV Sales Boom Gives Way to Rocky 2025

CHINESE ELECTRIC VEHICLE makers led by BYD saw a late-2024 sales boom that's set to give way to another bruising year as carmakers face risks to demand both at home and abroad.

Apple Offers Big Discounts on New iPhone Models in China

APPLE IS OFFERING rare discounts of up to 500 yuan ($68.50) on its latest iPhone models in China, as the US tech giant moves to defend its market share against rising competition from domestic rivals like Huawei.

First in a decade: Tesla annual EV sales drop

TESLA'S ANNUAL VEHICLE sales dropped for the first time in more than a decade despite a year-end push that sent deliveries to a record in the fourth quarter.

Taking the middle path with diverse investments is key

The stock market has been going through tough times, but the good news is that retail investors have continued to invest in systematic investment plans (SIPs), says Radhika Gupta, MD & CEO, Edelweiss Asset Management Company.

Banks' credit growth to be subdued: ICRA

ICRA HAS REVISED downwards its credit growth estimate to 10.5-11% for the current financial year from the earlier 11.6-12.5%.

Sebi to Continue Probe Into Zee, Send Fresh Show-Cause Notice

SEBI ON THURSDAY said it will send a fresh show-cause notice to Zee founder-chairman Subhash Chandra and his son Punit Goenka, as it vowed to continue the investigation into alleged violation of listing norms against the media baron and his company.

Market rally riding on high hopes

At a time when market experts have been advising investors to prune returns' expectations from 2025, the benchmark indices' 2.3% surge in the first two days has raised hopes that the stock market may deliver strong returns this year.

Microfinance firms' shares surge as MFIN defers capping lenders

Shares of micro-lenders, including CreditAccess Grameen, Spandana Sphoorty and Equitas Small Finance Bank, rallied on Thursday after the Microfinance Institutions Network (MFIN) decided to defer by three months the implementation of limiting the number of lenders to three per borrower.

Hyundai to Launch Electric Creta With Two Battery Options

HYUNDAI MOTOR INDIA will offer two battery options on the electric version of the Creta, which is set to debut in the upcoming Bharat Mobility Show.

Blinkit tests 10-minute ambulance service

BLINKIT, QUICK COMMERCE arm of Zomato, has ventured into emergency medical services with the launch of a 10-minute ambulance service in Gurugram.