CATEGORIES

IndusInd plans to sell ₹1,500-crore bad loans to ARCs

INDUSIND BANK PLANS to sell nearly ₹1,500 crore worth of bad loans, including more than 1 million micro loans with a ticket size anywhere between ₹5,000 and ₹40,000, to asset reconstruction companies (ARCs), in a bid to arrest deterioration in its asset quality.

SMFG India Credit receives ₹3,000 crore from parent

JAPANESE MAJOR SUMITOMO Mitsui Financial Group announced on Thursday that it has infused ₹3,000 crore into its Indian NBFC subsidiary, SMFG India Credit Company, via rights issue.

Housing sales volume may fall 4%

HOUSING SALES ARE estimated to fall 4% this year in seven major cities to nearly 0.46 million units on lower launches, while sales in value terms are up 16% at ₹5.68 lakh crore.

Jubilant Foods inks deal with Coca-Cola

JUBILANT FOOD (JFL) on Thursday said it has signed an MoU with Coca-Cola company to buy sparkling drinks and other products from the beverages major.

SECI order: RPower arm gets interim relief from HC

THE DELHI HIGH Court has granted interim relief to Reliance Power's subsidiary, Reliance NU BESS, in a petition pertaining to disqualification from participating in three bids solely on the ground of the debarment order dated November 6, issued by Solar Energy Corporation of India (SECI), against the petitioner.

Demand shift pushes small cars to oblivion

ONCE AN UBIQUITOUS product on the roads, commanding a lion's share of the market, out of every 33 cars sold today just one is a mini car, highlighting a massive shift in the buyer pattern.

Tech landscape: AI regulation, chip push to take centre stage

THE TECH POLICY landscape in 2025 is expected to focus on issues such as the implementation of the data protection law, the possible rollout of the draft of Digital India Act, AI regulation, semiconductor 2.0 incentive scheme and finalisation of the electronics components scheme.

Tata Sons chief sees a golden age for manufacturing

WITH GLOBAL SUPPLY chains increasingly tilting in India's favour, the manufacturing sector is poised for a transformative era, Tata Sons' chairman N Chandrasekaran said on Thursday in his New Year message to employees.

Gujarat traders demand cut in cotton MSP

Amid declining cotton exports and rising imports, cotton traders and associations in Gujarat are urging the government to reduce the minimum support price (MSP) for cotton.

Coal Power Plant Growth Holds Near 5-Year High

Power Capacity Country relies heavily on coal for energy security

Adani, IRB Among Bidders for NHAI Assets

Adani Road Transport and IRB Infrastructure are learnt to be among the four firms that have bid to acquire the operational highway projects of National Highways Authority of India (NHAI) under the Toll Operate Transfer (TOT) model for monetisation.

Anti-dumping probe into LNG vessels from China

INDIA'S TRADE DEFENCE body has started an anti-dumping investigation into import of liquefied natural gas (LNG) fuel tanks used in trucks and other vehicles from China.

Monetary policy, structural factors too behind slowdown

\"Credit slowed a little too much and quickly in FY25\"

A year where audit integrity took centre stage

● 2024 saw fresh disputes between NFRA & ICAI, stern action on Big Four

Rice exports surge after curbs eased

SHARP SPIKE

Exporters seek special support for US markets

● Sops to enable additional exports of $25-bn in 3 years

Quick, quicker, quickest...

DELIVERIES AT ONE'S DOORSTEP AT LIGHTNING SPEED IS ALL-PERVASIVE

At the G, India up against Head-strong Australia

● In-form batter declared fit for Boxing Day Test

Noted Malayalam writer Vasudevan Nair dies

NOTED WRITER AND Jnanpith award winner M T Vasudevan Nair, who had been undergoing treatment at a private hospital in Kozhikode (Kerala) following heart failure, has passed away, hospital sources said on Wednesday.

Despite rising volume, muted crude prices help lower oil import bill

The softening in global crude oil prices over recent months has resulted in India's oil import bill contracting on a year-on-year basis in September, October, and November, despite import volumes rising in each of these months, latest petroleum ministry data shows.

Prosperity through cooperation

IN JUNE, THE United National General Assembly (UNGA) adopted a resolution proclaiming 2025 as the International Year of Cooperatives with 'Cooperatives Build a Better World' as the theme.

Office Leasing in Top Six Cities Hits Record: Report

WITH RISING DEMAND of premium workspaces, real estate consultant Anarock has said that realty firms are currently developing around 250 lakh square feet of office space across major cities for catering to the requirements of domestic and foreign companies.

The Angry Young Man

₹ impact on auto sector

Investors Get Good Exits in IPO Frenzy

IN FACT,

Russia Launches 'Inhuman' Christmas Day Attacks

RUSSIA ATTACKED UKRAINE'S energy system and some cities with cruise and ballistic missiles plus drones on Wednesday in an \"inhuman\" Christmas Day assault, Ukraine's President Volodymyr Zelenskiy said.

Honda-Nissan deal may hold key to fight against BYD

HONDA MOTOR ABSORBING Nissan Motor could give the two struggling Japanese brands the scale they need to take on China's BYD, sales figures released on Wednesday show.

China Avoids Rate Cut to Brace for Future Pressure

CHINA REFRAINED FROM cutting the interest rate and drained the most cash since 2014 with a one-year policy tool, keeping its powder dry ahead of possible escalation in trade tensions with the US next year.

Azerbaijan Airlines plane crashes in Kazakhstan, many feared dead

AN EMBRAER PASSENGER jet flying from Azerbaijan to Russia crashed near the city of Aktau in Kazakhstan on Wednesday with 62 passengers and five crew on board, Kazakh authorities announced, saying 32 survivors had been rescued.

Yoon Defies Second Agency Summons Over Martial Law

SOUTH KOREA'S SUSPENDED President Yoon Suk Yeol did not respond on Wednesday to a second summons by anti-corruption authorities who, along with prosecutors, are investigating his short-lived martial law decree issued early this month.

'2025 will be the year of small language models'

Mohammed Rafee Tarafdar says that in recent times, several small language models for India-specific needs have been launched and with the growing developer base, \"we should see a lot more GenAI applications implemented for Indian and global markets.\"