CATEGORIES

Passengers say they heard a loud bang

Two passengers on the Azerbaijan Airlines plane that crashed in Kazakhstan told Reuters that they heard at least one loud bang as it approached its original destination of Grozny in southern Russia.

S Korea Impeaches 2 Leaders in 2 Weeks as Crisis Deepens

Lawmakers voted 192-0 in favor of acting Prez and Prime Minister Han's impeachment

CAD moderates marginally to 1.2% of GDP in July-Sep qtr

India's current account deficit (CAD) marginally narrowed to $11.2 billion, or 1.2 per cent of GDP, during the July-September quarter of financial year 2025 (Q2FY25) from $11.3 billion, or 1.3 per cent of GDP, a year ago, amid a rise in service exports.

Forex kitty falls $8.4 bn in a week

Down by $61 billion since touching all-time high in September-end

Govt plans to borrow ₹3.9 tn via T-bills in Q4

The government plans to borrow ₹3.9 trillion through the issuance of treasury bills (T-bills) in the last quarter of the current financial year.

Credit, deposit growth up at 11.5%

Credit growth gained pace in the fortnight ending December 13 over the previous fortnight, latest data by Reserve Bank of India (RBI) showed.

RBI allows interoperability of PPIs using third-party apps

The Reserve Bank of India (RBI) on Friday allowed interoperability of prepaid payment instruments (PPIs) for Unified Payments Interface (UPI) transactions through third-party application providers (TPAPs).

DGCA suspends two Akasa Air executives

The Directorate General of Civil Aviation (DGCA) on Friday suspended two senior Akasa Air executives—Director of Training Niraj Bhatia and Director of Flight Operations Floyd Gracious—for six months over pilot training lapses, Business Standard has learnt.

Visionary auto tycoon who made winning bet on India

Osamu Suzuki, an ingenious pennypincher who led Japan's Suzuki Motor for more than four decades and played a key role in turning India into a flourishing auto market, has died aged 94.

Air India to strengthen practices in 2025, become profitable: CEO

If 2024 was the year of consolidation, when Air India, Vistara, Air India Express and AirAsia (India) came under one roof, 2025 will be the year when the Tata-owned airline will strengthen its practices and processes to become consistent, efficient in service, and ultimately profitable in its operations, Chief Executive Officer (CEO) & Managing Director (MD) Campbell Wilson told employees in a message sent on Friday.

JSW Energy inks pact to buy O2 Power unit for ₹12,468 cr

This will be largest acquisition by Sajjan Jindal-promoted firm

Adani Ports orders 8 tugs from Cochin Shipyard for ₹450 crore

Adani Ports and Special Economic Zone (APSEZ) on Friday announced it has placed an order for eight harbour tugs, to be constructed by Cochin Shipyard in a deal worth ₹450 crore.

UltraTech to pick up 8.7% in Star Cement

UltraTech Cement said on Friday it will invest ₹851 crore to pick an 8.6 per cent stake in the Meghalaya-based Star Cement, which has 7.7 million tonnes per annum (MTPA) capacity in East India.

Farewell, Dr Singh: State funeral today

Commoners from all walks of life as well as the country's top political leaders queued up to pay their last respects to former Prime Minister Manmohan Singh at his 3, Motilal Nehru Marg residence in New Delhi on a cold rainy Friday.

Rural, urban food spending rises amid inflation pressure

HOUSEHOLD CONSUMPTION EXPENDITURE SURVEY (AUGUST 2023-JULY 2024)

The shift fuelling country's growth engine

India aims to be developed by 2047 and net-zero by 2070, requiring a transformative energy transition to achieve these goals

₹ weakens below 85.8 intraday, RBI does rescue act

Still settles below 85.5 amid strong dollar demand

IndiGo stock takes off on rating upgrade

Elara Capital gives 'buy' rating after IndiGo's highest-ever traffic in November

Wait for NAV, price on exchange to converge before investing

Indian investors seeking to diversify their portfolios through overseas exchange-traded funds (ETFs) are paying a premium.

Multiple triggers for Vedanta stock

Vedanta’s stock is experiencing multiple positive triggers, primarily driven by favorable aluminium and zinc price trends. The company's demerger plans, while modified, are expected to unlock value and improve capital allocation. Key projects coming online in the next 12-18 months, including alumina refinery expansion and captive mines, are poised to significantly boost earnings.

Markets settle flat in muted trade

Benchmark indices Sensex and Nifty ended flat in listless trading on Thursday amid a lack of near-term triggers and unabated foreign fund outflows.

India Third-Best Performing Major Market in 2024

The domestic market capitalization has soared 18.4 percent to $5.18 trillion in 2024, adding $806 billion.

MP High Court stays Burmans' Religare open offer

In a strange turn of events, the Madhya Pradesh High Court's Jabalpur Bench has stayed the Burman family's open offer to acquire an additional 26 per cent stake in Religare Enterprises, and the company's annual general body meeting.

IPO Mopup Likely to Top ₹2 Trillion Mark Next Year

Fund mobilisation through initial public offerings (IPOs) will continue to rise in 2025 and the total amount is expected to breach the ₹2 trillion mark, investment banking firm Pantomath Group estimates.

Derivatives volume drops 37%

Stricter trading norms help cool off speculative activity in December so far

Indian crypto investors ride Bitcoin, altcoin wave

The majority of crypto investors in the country have invested in mainstream virtual digital assets (VDAs) such as Bitcoins, altcoins like Dogecoin, Shiba Inu, and Ethereum, followed by non-fungible tokens (NFTs) and stablecoins, a compilation of year-end reports of crypto majors CoinDCX and CoinSwitch revealed.

28% OF LS SEATS HAD NO WOMAN CANDIDATE IN 2024

The Election Commission of India on Thursday released 42 statistical reports for the Lok Sabha (LS) elections 2024.

Centre orders probe into ride-hailing apps over alleged price discrimination

Consumer protection watchdog CCPA will investigate ride-hailing apps for allegedly charging different fares for identical rides on Android and Apple devices, Consumer Affairs Minister Pralhad Joshi said on Thursday.

China Approves World's Largest Dam Over Brahmaputra River

China has approved the construction of the world's largest dam, stated to be the planet's biggest infra project costing $137 billion, on the Brahmaputra River in Tibet close to the Indian border, raising concerns in riparian states - India and Bangladesh.

GST at crossroads

The tax has reached a turning point in its evolution where reforms must focus on rethinking its design