CATEGORIES

Will GST Council play Santa? All eyes on Saturday's meet

● Finance ministers of states will also make pre-Budget proposals

Investments will drive FY26 growth to 6.6%: Ind-Ra

INDIA RATINGS AND Research (Ind-Ra) has projected India's economy to grow 6.6% in FY26, which is 20 basis points (bps) higher than its forecast for FY25, driven by a pick-up in investments.

More Indians looking to fly biz class this holiday season

The number of Indians eyeing to fly business class has seen a sharp uptick this holiday season compared to last year. While the trend is more pronounced in international travel, travel agents and online platforms suggest that it is also emerging on many domestic routes.

Markets slump over 1%

● Investors' wealth down ₹4.92 lakh cr

EPFO weighs higher equity investments

● Labour ministry panel to look at ways to raise exposure

Indian firms turn to euro, yen swaps to trim borrowing cost

INDIAN FIRMS ARE opting for cross-currency swaps to convert part of their debt into the euro or the Japanese yen in order to trim borrowing costs, said bankers.

IIT-Madras to offer fine arts, culture courses

A FIRST for Indian Institutes of Technology (IITs), IIT-Madras on Tuesday said it would offer two supernumerary seats in each undergraduate programme to students who have achieved excellence in fine arts and culture, starting from the upcoming academic session.

Not even 2% work-linked higher education courses yet: Report

EDUCATION-INDUSTRY MISMATCH

The world's busiest airline routes in 2024 are largely in Asia

● Leisure continues to outshine corporate trips

Panel suggests LS elections template for entrance tests

DRAWING PARALLELS WITH the conduct of general elections, a high-level committee set up by the Education ministry and chaired by former ISRO chief K Radhakrishnan has proposed a similar framework for holding important national entrance tests to ensure transparency.

Siddique murder: Court sends accused to police custody till Dec 20

A SPECIAL COURT in Mumbai on Tuesday remanded five accused arrested in NCP leader Baba Siddique's murder case to police custody till December 20 after investigators said they need to interrogate them about an absconding accused and the weapons used in the crime.

DPIIT inks pact with HDFC Bank

THE DEPARTMENT FOR Promotion of Industry and Internal Trade (DPIIT) on Tuesday said it has inked pacts with HDFC Bank and Tally Solutions to help startups growth.

PM: Cong fanned water disputes among states

Prime Minister Narendra Modi on Tuesday said all homes in Rajasthan will soon have tap water, attacking the Congress party over water disputes between states.

SME IPOs fetch rich returns in Dec

THE SME IPO market continues to see heightened interest and is delivering multibagger returns despite being under the lens of the markets regulator.

Indian firms use euro, yen swaps

MOREOVER, EXPECTATIONS OF dollar strengthening further have also prompted Indian firms to opt for cross-currency pairs other than USD-INR.

KYC masking to go live on Jan 20

DEADLINE EXTENDED; BIG RELIEF TO BANKS & FINTECHS

EPFO weighs higher equity investments

IN FY23, THE interest rate was fixed at 8.15% and 8.10% in FY22.

China plans record budget deficit of 4% of GDP in 2025

New plan compares with an initial target of 3% of 2024 GDP

China plans record budget deficit of 4% of GDP in 2025

● New plan compares with an initial target of 3% of 2024 GDP

Trudeau govt adrift after FM quits, Trump tariffs loom

THE ABRUPT RESIGNATION of Canada's finance minister leaves the government adrift less than a month before the inauguration of a new US administration that could impose crippling sanctions on Canadian exports.

TikTok turns to top US court in last-ditch attempt to avert ban

TikTok made a last-ditch effort on Monday to continue operating in the United States, asking the Supreme Court to temporarily block a law intended to force ByteDance, its China-based parent company, to divest the short-video app by Jan. 19 or face a ban.

Lanka bondholders sign off on $12.55-bn debt overhaul

SRI LANKA'S BONDHOLDERS SIGNED off on the government's proposal to restructure its $12.55 billion of international bonds, a key step in finalising the island nation's debt overhaul.

Markets slump over 1%

ALL MAJOR ASIAN markets ended in the red on Tuesday, a day ahead of the US Federal Reserve's meeting outcome.

Wang, Trump raise prospects of US-China working together

CHINA'S TOP DIPLOMAT said on Tuesday he hoped the incoming Trump administration would \"make the right choice\" and work with Beijing, hours after Donald Trump told reporters the Covid-19 pandemic had strained his relationship with \"friend\" Xi Jinping.

Broadcom's 'Nvidia moment' has arrived. Now it needs to deliver

Broadcom's massive rally after last week's earnings report is reminiscent of when Nvidia Corp. shares first started to take off back in 2023. The chipmaker now needs to prove it can follow through to become another giant of the artificial intelligence era.

Ukraine kills Russian chemical weapons chief in Moscow blast

A top Russian general accused by Ukraine of being responsible for the use of chemical weapons against Ukrainian troops was assassinated in Moscow by Ukraine's SBU intelligence service on Tuesday morning in the most high-profile killing of its kind.

Line of control

● When should a brand stop trying to jolt the audience?

Emami versus HUL over 'Glow & Handsome'

In April this year, the Calcutta High Court restrained Hindustan Unilever (HUL) from using the 'Glow & Handsome' trademark for its men's fairness range following an application by Emami.

Porsche billionaires are in a tight spot, again

PORSCHE AUTOMOBIL HOLDING SE sure knows how to do drama. Last week, the listed holding of the Porsche and Piech families warned it may have to book up to €22 billion ($23 billion) of impairments amid a decline in the market value of its 31.9% stake in Volkswagen AG and 12.5% economic interest in the Porsche AG automaker.

Wealth tax: A bad idea

More revenue is needed for health and education, but Piketty's recommendation is problematic