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Trade deficit at $21.9 bn; exports fall 1%

India's merchandise trade deficit fell to a three-month low of $21.9 billion in December, coming in sharply lower than a revised figure of $31.8 billion for the previous month.

All Universities To Have Career Counselling Units: Minister

UNION LABOUR MINISTER Mansukh Mandaviya said on Wednesday that career counselling centres would be set up in every university across the country under public-private partnership to boost employment and productivity.

Joint efforts of startups, legacy players and academia key drivers of success

INDIA IS THE third-largest startup ecosystem in the world with 160,000 registered startups creating over 1.6 million employment opportunities.

Pichai joins Nadella in London cricket team bid

ALPHABET CHIEF EXECUTIVE officer Sundar Pichai is joining Silicon Valley executives bidding for a London-based cricket team, according to people familiar with the matter.

Jio Finance in talks with lenders for maiden debt sale

JIO FINANCE, A shadow lender owned by Asia's richest businessman Mukesh Ambani, is in talks with several lenders to make its first foray into the local currency debt market, according to people familiar with the matter.

Putting the 'A' (accountability) in AI

When transparency, human collaboration, and data privacy form the core of AI systems, it can transform healthcare into a more compassionate ecosystem

UK inflation cools to 2.5%, misses estimate

INFLATION IN THE UK unexpectedly fell in December, a move that will likely fuel pressure on the Bank of England to cut interest rates again next month.

Ensuing liquidity boost pushes major funds to ramp up positions

MAJOR FIXED-INCOME FUNDS are ramping up positions as they prepare for the Reserve Bank of India to start easing monetary policy this year.

Meta warns CCI ruling may force rollback of features

META MAY HAVE to \"roll back or pause\" some features in India due to an antitrust directive which banned its WhatsApp messaging service from sharing user data with Meta for advertising purposes, according to a court filing by the US company seen by Reuters.

ShareChat to trim workforce by 5%

SHARECHAT, A SHORT video platform owned by Bengaluru-based Mohalla Tech, is planning to trim its workforce by 5% later this month following its annual performance review.

Indices gain for second day amid firm global cues

THE BENCHMARK INDICES inched higher on Wednesday, led by energy and information technology stocks, although worries over slowing earnings and caution ahead of key US inflation data capped gains.

Aditya Birla Fashion to raise ₹4,300 cr via pref issue, QIP

ADITYA BIRLA FASHION and Retail (ABFRL) on Wednesday said its board had approved raising $500 million (₹4,300 crore) through a preferential issue and qualified institutional placement (QIP) of equity shares.

A battle beyond caste

THE UPCOMING DELHI ELECTION WILL BE FOUGHT ON OTHER IDENTITIES AND THE BENEFICIARY QUESTION

Pannun plot: Panel seeks legal steps against 'individual'

A HIGH-POWERED PANEL set up by the Union government to examine inputs provided by the US on an alleged plot to kill Khalistan separatist Gurpatwant Singh Pannun has submitted its report and recommended \"legal action against an individual\", the Ministry of Home Affairs (MHA) said on Wednesday.

Fivefold growth in green investments likely: Crisil

INDIA IS EXPECTED to see a fivefold growth in the investments to the green energy sector to ₹31 lakh crore between 2025 and 2030, according to Crisil.

Fighting BJP, RSS and the Indian State: Rahul

BJP accuses him of attempts to break India

HDFC Life Q3 profit climbs 15%

HDFC LIFE INSURANCE on Wednesday reported a 15% year-on-year rise in its standalone net profit for the third quarter at ₹414.94 crore.

Govt may announce old tax regime phase-out

FINANCE MINISTER Nirmala Sitharaman may announce a road map for a gradual phasing out of the old personal income tax regime over the next few years in the Budget for FY26.

In letter to countrymen, Biden says 'soul of America' at stake

Coming out of the worst pandemic in a century and the worst economic crisis since the Great Depression, the United States in four years under Joe Biden's leadership has emerged stronger, more prosperous, and more secure, the outgoing US President said in a letter Wednesday.

Hero to rev up brand strategy

PUSHES FOR REDUCTION IN GST ON 125-CC BIKES TO 18%

Sundaram Alternates raises ₹1,000 cr for realty fund

SUNDARAM ALTERNATES, PART of Sundaram Finance, on Wednesday said it has made the first close of ₹1,000 crore for its real estate fund.

Meta Apologizes for CEO's Remark on India Elections

META INDIA ON Wednesday apologized for CEO Mark Zuckerberg's recent remarks that the incumbent government lost power in the 2024 elections.

Let the rupee fall

What's important is the relative value of the currency vis-à-vis peer currencies and not its absolute value

LTTS expects hiring decline in coming years on automation

Revenue up 3% in Q3, logs highest-ever deal booking TCV

CEA Among Candidates for Post of RBI Deputy Guv

CHIEF ECONOMIC ADVISER (CEA) V Anantha Nageswaran and 16th Finance Commission secretary Ritvik Pandey were among the candidates interviewed on Wednesday by a selection panel headed by Cabinet secretary T V Somnathan for the post of a new deputy governor at the Reserve Bank of India (RBI).

SEC Sues Elon Musk Over Twitter Stake Disclosure

The US Securities and Exchange Commission has sued billionaire Elon Musk, saying he failed to disclose his ownership of Twitter stock in a timely manner in early 2022, before buying the social media site.

'US sanctions on Russian oil tankers to hit imports; Trump's stance key'

THE SWEEPING US sanctions targeting Russia's oil trade announced on January 10, with as many as 183 tankers being placed under sanctions, could hit India's imports of cheaper Russian oil.

Eka Mobility plans ₹2,000-cr investment

PUNE-BASED ELECTRIC BUS maker Eka Mobility will launch 6-7 electric commercial vehicles over the next 18 months and expand production capacity at an investment of ₹2,000 crore.

Goldman Sachs profit soars on trading boost

GOLDMAN SACHS POSTED its biggest profit since the third quarter of 2021 to beat Wall Street expectations, driven by bankers who brought in more fees from dealmaking, debt sales and strength in trading.

AI to power 40% of utility control rooms, says Gartner

BY 2027, 40% of control rooms in the power and utilities sector will deploy AI-driven operators, according to Gartner.