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Prepaid users can now make UPI payment via third-party apps

TO IMPROVE INTEROPERABILITY AND ENHANCE USER EXPERIENCE

Another Stellar Year Likely for IPOs

● Strong valuations, investor demand to push primary market

Indices log 1% gain this week

INDICES ROSE ON Friday to log gains in a holiday-thinned week, led by auto stocks after last week's sharp drop made valuations relatively more attractive. The Nifty rose 0.27% to end at 23,813.4, while the Sensex added 0.29% to 78,699.07.

RBI Infuses Over ₹2L-Cr Liquidity Via Two VRR Auctions

The Reserve Bank of India (RBI) received bids worth ₹2.13 lakh crore from banks against the notified amount of ₹2.75 lakh crore for the two variable rate repo (VRR) auctions held on Friday, as lenders grapple with a cash crunch amid strained liquidity conditions.

Is this the end of legacy automakers?

● Strategic response to manage changing industry structure

Take super top-up, not a top-up plan

You can save on premiums too with a super top-up plan

Bollywood's dark past is threatening to return

DISASTER. FLOP. AVERAGE. If you had to bet on a Bollywood movie's fate in 2024, those would have been your three best options in a year set to end with a 30-40% drop in box-office collections.

Pioneer of reform

As finance minister, Singh's reforms laid the foundation for a market-driven economy

The quiet catalyst

Dr Singh demonstrated that effective leadership stems from competence, integrity, and a genuine concern for the welfare of all

A truly great son of India

DR SINGH'S APPROACH WAS SUPREMELY EFFECTIVE IN CREATING SPACE FOR EXCHANGE OF VIEWS

Hero Moto, Harley-Davidson to develop a new motorcycle

HERO MOTOCORP AND Harley-Davidson will extend their collaboration to include the development and manufacture of a new motorcycle which will be the second product of the joint venture.

Ola Electric CTO, CMO quit

OLA ELECTRIC'S CHIEF technology officer (CTO), Suvonil Chatterjee, and chief marketing officer (CMO), Anshul Khandelwal, have resigned, delivering another blow to the company that is grappling with declining sales and eroding market share.

JSW Energy to acquire O2 Power for ₹12,468 cr

JSW NEO ENERGY, a wholly owned subsidiary of JSW Energy, on Friday signed a definitive agreement to acquire 4.7 gigawatt (GW) from O2 Power for a total enterprise value of ₹12,468 crore.

VinFast to make India debut next month

VIETNAMESE ELECTRONIC VEHICLE manufacturer VinFast will unveil its range of models for the Indian market for the first time next month at the Bharat Mobility Expo 2025.

Households Spend Marginally More on Food Items in 2023-24

CONSEQUENTLY, THE SHARE of non-food items in rural areas' MPCE has declined to 52.96% in 2023-24 from 53.62% in 2022-23; and in urban areas to 60.32% from 60.83%.

Osamu Suzuki, who led Japanese automaker into India, dies

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.

Wistron to invest $20 million in new factory line in Karnataka

APPLE IPHONE SUPPLIER Wistron has approved an initial investment of $20 million in one of its subsidiaries to construct a new factory line in Karnataka, laying the foundation to support its upcoming laptop manufacturing plant in India.

Will 2025 Ring in Significant Turnaround for Voda Idea?

SIGNS OF GRADUAL RECOVERY VISIBLE - Challenges persist, but it's in a better position to compete.

Aiming to make Air India profitable: Campbell Wilson

AFTER UNDERGOING a series of changes over the past three years following its takeover by the Tata Group, Air India is targeting to become operationally profitable in the coming period, a top company official said on Friday.

A Creditable 1st Innings as PM, a Tougher 2nd Term

UPA-II WITNESSED MULTIPLE ALLEGATIONS OF CORRUPTION TOWARDS END OF TENURE

Manmohan Singh as an economic reformer

AS FINANCE MINISTER first and later as the Prime Minister, Dr Manmohan Singh has done immense service to the country.

History will remember him with gratitude

DR MANMOHAN SINGH will be remembered not kindly but with gratitude by history.

A Reformer Who Punched Above His Political Weight

● His vision of economic trajectory has been clear, and his actions purposeful and unrelenting

Trump tariffs to define global trade in 2025

THE LIBERAL USE of tariff threats by US President-elect Donald Trump before his inauguration next month raises questions over the forecasts of how world trade would shape up in the coming year, but Indian exporters are mostly positive about the prospects and their biggest worry stems from demand slowdown in bigger markets.

Govt to purchase soyabean at MSP

MANDI PRICES FOR soyabean, a key kharif oilseed crop, remain below the minimum support price (MSP) due to a robust harvest, even as government agencies have procured about one million tonnes of the oilseed under the price support scheme (PSS) in six key growing states since October.

PM CARES Fund receives ₹912 cr as donation in FY23

CLOSING BALANCE IN THE FUND STOOD AT ₹6,284 CR

Government Extends Mandate for Imported Coal Plants to Operate at Full Capacity

India on Friday extended its mandate for imported coal-based power plants to operate at full capacity until Feb. 28, a government circular showed.

Singh Has Kept a Great Legacy Behind

Without the political support, he could not have done that (1991 reforms), but it was a very insightful, forward-looking, visionary change of our economic regulatory system

At $644 bn, forex reserves drop to over 7-month low

THE COUNTRY'S FOREX reserves fell for a third consecutive week and stood at a more-than-seven-month low to $644.391 billion for the week ended December 20, the RBI said on Friday.

Re closes in on 86/$

FALLS 28 PAISE, STEEPEST SINCE JUNE