CATEGORIES

38 Dead as Russia-Bound Plane Crashes in Kazakhstan

29 passengers survive the accident involving Azerbaijan Airlines flight

Centre Planning to Shift Mgmt of ERF to CPCB from Jan 1

The Centre is planning to transfer the administration of the Environment Relief Fund (ERF) Scheme from United India Insurance Company Limited (UIICL) to the Central Pollution Control Board (CPCB) starting January 1.

Cotton association seeks ₹500 crore for drip irrigation units

The Cotton Association of India (CAI), the premier trade body for the sector, has asked the government to provide budgetary support of ₹500 crore to help farmers set up drip irrigation facilities in their fields to boost yield.

Fresh formal hirings fall to 7-month low in October

The monthly fresh formal hiring saw a sharp decline in October, signalling a downturn in the formal labour market during the month.

Arunish Chawla named revenue secretary

1992-batch IAS officer replaces Economic Affairs Secretary Ajay Seth

Rupee's real effective exchange rate up at 108.14 in Nov

Nominal rise strong enough to outweigh impact of unfavorable price differences

GDP Likely to Grow at 6.5% in FY25, FY26: EY

India's economy is likely to grow by 6.5 per cent in the current (FY25) and the next financial year (FY26), an EY report said, attributing lower than anticipated expansion in the September quarter to fall in private consumption expenditure and gross fixed capital formation.

Share of own account enterprises on the rise

Highest in 'manufacturing', followed by 'other services'

FinMin rejects plan to establish body for procuring green steel

Says most steel for projects is purchased indirectly through contractors rather than the govt

PPI wallets decline 20%, cards record 27% growth this year

Paytm Payments Bank, Airtel Payments Bank drive drop in wallets in Jan-Nov

Ola Electric Clocks 4,000-Store Milestone

Ola Electric on Wednesday said it now has 4,000 stores across the country, marking a fourfold jump from the earlier reported figure of 800 on December 2 of this month.

IndiGo Eyes Early Induction of Wide-Body Planes in Fleet

Airline reportedly in talks with Norse Atlantic Airways to wet-lease six B787

Residential and commercial sectors to stand as pillars of resilience

The residential segment will remain largely steady, and the commercial segment will exhibit strong growth.

Health care sector seeks viable rates for govt schemes, hike in allocation

The health care sector has rolled out a robust wish-list for the upcoming Budget.

Hospital chains make gains on improved efficiency, demand

India's private hospital sector in 2024 clocked single-digit growth in average revenue per occupied bed (ARPOB), helped by improved operations and advanced medical treatment.

Ajinkya Rahane invests in Proxgy's Series A funding

Proxgy, an Internet of Things (IoT) technology firm in areas such as safety, connectivity, and productivity solutions, said that cricketer Ajinkya Rahane has invested in its ongoing $3 million Series A funding round.

Electronics Fastest-Growing Among Top 10 Export Items

With 28% growth in Apr-Nov of FY25, electronics exports now occupy third rank

India's manufacturing reality: An incomplete story

To boost domestic factory production and capitalize on the global \"China Plus One\" strategy, which encourages multinational companies to reduce reliance on China, India needs a conducive ecosystem for manufacturing.

Just 15% Applicants Meet DVA Target for PLI-Auto

Only 12 of 82 approved applicants, or nearly 15 per cent, under the production-linked incentive scheme for the automobile and auto component industry (PLI-Auto) have achieved the mandated 50 per cent domestic value addition (DVA) target, according to data from the Ministry of Heavy Industries (MHI) as of December 20, 2024.

Micro insurance premium in life segment tops ₹10K cr for first time

In 2023-24, new business premium (NBP) in life insurance's micro-insurance segment, which targets low-income groups, surpassed ₹10,000 crore for the first time, according to the financial year's Annual Report by the Insurance Regulatory and Development Authority of India (Irdai).

Customers may gain as high-end hotels get GST options on dining

In a major change for the hospitality industry and in what could be a good news for diners, the Goods and Services Tax (GST) Council has decided to allow high-end hotels to choose between two indirect tax rates for restaurant services provided on their premises.

SteelMin wants Customs duty to double to 15%

AMID RISE IN CHEAPER IMPORTS FROM CHINA

Global hunger crisis deepens as major nations skimp on aid

It's a simple but brutal equation: The number of people going hungry or otherwise struggling around the world is rising, while the amount of money the world's wealthiest nations are contributing toward helping them is dropping.

Statesman who shaped India with his vision and resolve

Today, 25th December is a very special day for all of us. Our nation marks the 100th jayanti of our beloved former Prime Minister, Shri Atal Bihari Vajpayee Ji.

Bhaker accepts 'lapse' on her part amid Khel Ratna row

Paris Olympics' double bronze-medallist Manu Bhaker on Tuesday admitted that \"there has been a lapse maybe on my part\" while filing nominations for this year's National Sports Awards amid a raging controversy over her exclusion from the list of Dhyan Chand Khel Ratna awardees.

Consumer fickleness on the rise as phygital shopping takes root

Omnichannel shopping, or the phygital (physical and digital) experience, is gaining traction as the preferred way to shop among Indian consumers, who are increasingly forsaking physical stores. However, customer loyalty is becoming increasingly fickle, as consumers frequently switch brands and retailers.

The charts Indian policymakers should worry about

In a series of recent pieces, we have been arguing that the just-ended Reserve Bank of India (RBI) regime made a radical change in exchange rate policy, which reduced export competitiveness and rendered monetary policy inappropriate for a slowing economy.

Manipur, Bihar, other states get new governors

Former Union Home Secretary Ajay Kumar Bhalla has been appointed the governor of strife-torn Manipur, ex-Army chief Vijay Kumar Singh is the new Mizoram governor while Kerala Governor Arif Mohammed Khan has been shifted to Bihar as part of gubernatorial appointments effected by President Droupadi Murmu on Tuesday.

BCs meet Irdai, seek consent to sell insurance products

The Business Correspondent Resource Council (BCRC) has made a pitch to the Insurance Regulatory and Development Authority of India (Irdai) that field agents be allowed to hawk insurance products.

Credit card spend falls 16% in Nov after festival high

Decline due to moderation in consumer spending; issuances come down