CATEGORIES

Better late than never

The retail frenzy for SME IPOs and rising cases of frauds forced Sebi's hand

Bought for billions, selling for peanuts

M&A DEALS SLOWLY PICKING UP Annual tally tops $3 trillion again as bankers eye fresh boost from Trump

US Congress has two days to avert shutdown after Trump rejects Bill

THE US CONGRESS has two days to avert a partial government shutdown after Republican President-elect Donald Trump rejected a bipartisan deal late on Wednesday and demanded lawmakers also raise the nation's debt ceiling before he takes office next month.

Russia ready to compromise with Trump on Ukraine: Putin

RUSSIAN PRESIDENT VLADIMIR Putin said on Thursday that he was ready to compromise over Ukraine in possible talks with US President-elect Donald Trump on ending the war and had no conditions for starting talks with the Ukrainian authorities.

Riksbank cuts rate by 25 bps, Brazil cenbank raises outlook

SWEDEN'S RIKSBANK ON Thursday lowered its benchmark interest rate by 25 basis points and signaled its easing campaign is likely to be wrapping up with one cut left to deploy.

BoJ holds rates too

THE BANK OF Japan kept interest rates unchanged on Thursday and its governor offered few clues on how soon it could push up borrowing costs, sending the yen and bond yields tumbling on fresh doubts over the near-term chances of a rate hike.

BoE keeps rates steady, but members split on decision

GRADUAL APPROACH

'Fed cannot hold bitcoin, not seeking to change that'

FEDERAL RESERVE CHAIR Jerome Powell said on Wednesday the US central bank has no desire to be involved in any government effort to stockpile large amounts of bitcoin.

Powell signals Fed's focus is back on inflation

FEDERAL RESERVE OFFICIALS capped 2024 with a third-straight interest-rate cut and a strong signal that inflation concerns are back in the fore.

Silver lining for Dr Reddy's

Share prices jump over 4% on upgrade by Nomura

Currencies tumble, few attempt rebound

THE DOLLAR SLIPPED on Thursday, a day after surging to a two-year peak after the Federal Reserve rocked markets by signaling a much slower pace of rate cuts in 2025, while the yen slid after the Bank of Japan (BOJ) stood pat on rates.

Stocks, bond prices on slippery slope

STOCKS AROUND THE world fell on Thursday, while the 10-year US Treasury yield rose to its highest since May, a day after the Federal Reserve said it would temper the pace of rate cuts, kicking off a busy 24 hours for other central banks.

Dalal Street joins global sell-off

JOINING THE GLOBAL equity sell-off following the US Federal Reserve's hawkish surprise of fewer rate cuts in 2025, benchmark indices fell 1% on Thursday, marking their fourth consecutive session of decline.

Bond yield at 3-week high

THE BOND YIELDS jumped on Thursday, with the benchmark yield ending at a three-week high, after the US Federal Reserve flagged a slower pace of policy easing in 2025, citing sticky inflation and a stable labour market.

Re breaches 85 mark

Barclays strategist sees it falling further to 87 by next year end

Micromax partners Taiwan firm

HOMEGROWN CONSUMER ELECTRONICS company Micromax has entered into a joint venture with Taiwan-based Phison to design and manufacture storage chips or solid-state drives (SSDs) in the country.

AI orders 34 trainer aircraft

AIR INDIA HAS placed an order for 34 trainer aircraft for its upcoming Flying Training Organisation (FTO) in Amravati, Maharashtra.

Zetwerk's GMV rises 35% to ₹17,564 cr

CONTRACT MANUFACTURING STARTUP Zetwerk on Thursday said it has achieved a gross merchandise value (GMV) of ₹17,564 crore in FY24, reflecting a 35% growth from the ₹13,050 crore GMV recorded in the previous fiscal.

Auto Expo: Missing brands to return

INDIA'S PREMIER AUTOMOTIVE event, the Bharat Mobility Global Expo, will begin on January 17 with a record-breaking lineup of brands, including several returning participants.

Kia unveils Syros, aims to raise market share to 20%

KIA INDIA ON Thursday introduced the Syros, a new sub-4-metre SUV, which the company expects will increase its market share in the compact SUV segment from 15% to 20%.

Airtel prepays ₹3,626 cr to DoT

Clears dues for spectrum auction held in 2016

JSW Infra outlines ₹30K-cr capex plan

Leveraging Navkaro acquisition, says company

CCI conducts raids on liquor majors AB InBev, Pernod

THE COMPETITION COMMISSION of India (CCI) has raided some offices of alcohol giants Pernod Ricard and Anheuser-Busch InBev as it investigates accusations of price collusion with retailers in Telangana, sources familiar with the matter said.

Nestle: Swiss withdrawal of MFN status to not affect ops

NESTLE INDIA HAS clarified that the suspension of the most favoured nation (MFN) clause granted to India by Switzerland will not affect its operations.

MTNL to get BSNL support for assets

Services in Delhi & Mumbai to be managed by BSNL

IPO-bound Rebel Foods raises funds from KKR

IPO-BOUND CLOUD kitchen firm Rebel Foods said on Thursday that global investment firm KKR has acquired a stake in the kitchen operator.

Startups fire fewer employees, ramp up hiring in 2024

WITH FUNDING SHOWING signs of recovery, startups seem to be bouncing back. Layoffs by startups have dropped sharply in 2024 and hiring is also on the rise, data from layoffs.fyi showed.

Accenture lifts FY25 growth forecast; Q1 revenue up 8%

Wipro, Infosys ADRs trade up

No sugar exports for now: Official

Industry urges govt to allow 2 MT of shipments

Push for local solar cells may raise project costs

THE GOVERNMENT'S DECISION to include solar cells in the Approved Lists of Models and Manufacturers, though it will be implemented from June 1, 2026, may in the short term inflate delivered costs of domestic modules, drive up the capital cost of projects, and affect timelines, analysts say.