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Bond yield logs biggest single-day rise in 7 mths
GOVERNMENT BOND YIELDS marched higher on Monday, with the benchmark yield logging its biggest single-session rise in over seven months, as US Treasury yields continued to rally after robust economic data, while a tumbling rupee also weighed on sentiment.
Rupee fall casts shadow over policy rate cuts
A SIGNIFICANT DEPRECIATION in the rupee could defer rate cuts by the Reserve Bank of India (RBI), as it fuels inflation by making imports more expensive.
Sinking rupee, surging oil drive indices to 7-mth low
Sensex plunges over 1,000 points, Nifty declines 345 points
US sanctions on Russia crude: Oil jumps to over $80
The Oil Saga
Imported inflation, fiscal costs remain key worries
THE RUPEE'S SHARP slide has the immediate effect of jacking up imported inflation.
Will we ever see 85 again?
BOY, THAT WAS quick. The rupee had slipped from a wobbly 83+ before Trump's election through 84 and accelerated through 85, and finally, on Monday morning, fell screaming through 86 to the dollar.
Rupee unlikely to breach the 88-mark in FY25: Experts
THE RUPEE HAS fallen 232 paise, or 3.37%, since the US Federal Reserve cut interest rates in September for the first time in four years, but the majority of market participants believe that it will not breach the 88-mark by the end of this fiscal.
Overseas study, travel to cost more
Be Ready For Additional Spending
TVs, refrigerators, ACs may get dearer by 5% on falling Rupee
PRICES OF TVs, washing machines, air conditioners and refrigerators may go up by at least 5% as the rupee continues to depreciate.
Realty Attracts 6% More PE Funding in Apr-Dec
The private equity (PE) landscape in Indian real estate for the first nine months of FY25 reveals a shift despite declining deal numbers.
HCLTech misses Q3 estimates
• Slight drop in deal activity to $2.1 bn
Headcount rises by over 2,000 employees
HCLTECH, THE COUNTRY'S third-largest IT services provider, added 2,134 employees in the December quarter, bringing its total headcount to 220,755.
Telcos May Further Hike Tariffs by 10%
Focus on Monetisation
Tech firms likely to challenge Trai's international SMS rules
GLOBAL COMPANIES SUCH as Truecaller, Amazon and Uber are likely to urge the department of telecommunications (DoT) to not expedite approval to recommendations by the Telecom Regulatory Authority of India (Trai) on international SMS traffic.
Import duty tweaks to boost local manufacturing sought
AS IMPORT TAXES cease to be a major revenue source for the government, the Budget for FY26 should be used to strategically adjust the rates to boost domestic manufacturing and bring average tariffs down, trade policy think tank GTRI said on Monday.
Trump Tariff Burden on India Pegged at $14.6 Billion
IF THE INCOMING Donald Trump administration goes ahead with the proposed tariff hikes, it would result in an additional duty burden of $14.6 billion on India's exports to the US, according to a report by Boston Consulting Group (BCG).
Direct tax collections rise 15.9% to ₹16.9 lakh cr
THE CENTRE'S DIRECT tax collections, after refunds, grew 15.9% year-on-year to ₹16.9 lakh crore till January 12 in the current financial year, data released by the finance ministry showed on Monday.
Hopeful about higher agri growth in FY25: Principal secy to PM
THE AGRICULTURE AND allied sector is poised for stronger growth in FY25, driven by favourable monsoon conditions, according to P K Mishra, principal secretary to the Prime Minister.
Food inflation down to 8.34% in Dec
More Relief In Sight
Finished steel imports at 6-year high
INDIA'S FINISHED STEEL imports hit at least a six-year high in the first nine months of FY25, according to provisional government data.
Rupee depreciation over long term good for India: Panagariya
REFERRING TO THE rise of India's fortunes after the rupee was devalued in 1991, Sixteenth Finance Commission chairman Arvind Panagariya on Monday said the current policy of allowing the rupee to depreciate in the long run while managing it in the short run is the right one.
Disruption to Russian oil supply unlikely till March
THE GOVERNMENT DOES not expect any disruption to Russian oil supply in the next two months, given that US-sanctioned tankers are allowed to deliver crude until March, a senior official said on Monday.
Chinese rivals gain ground as Apple plays AI catch-up
Global iPhone sales fall 5% in holiday quarter; Samsung also gives up share
A fresh take on gifting
FERNS & PETALS MUST OFFER A BIGGER BOUQUET
SpaDeX: Isro brings satellites within 3-metre in trial attempt
MOVING TO ATTEMPT docking in space, the Indian Space Research Organisation (Isro) brought two SpaDeX satellites as close as 3 metres to each other Sunday morning.
Bumrah set to miss league stage of Champions Trophy
IN A SETBACK for India, strike bowler Jasprit Bumrah is likely to miss the group stage of next month's Champions Trophy due to health reasons.
Devajit, Prabhtej elected BCCI secretary, treasurer
DEVAJIT SAIKIA, an advocate and a former wicket-keeper batsman from Assam, would succeed Jay Shah as the new secretary of the Indian cricket board (BCCI). He was elected unopposed—a poll was not contested as there were no contestants, electoral officer A K Joti stated in his declaration of results—to the seat left vacant after Shah assumed the office of the International Cricket Council chairman in December last year.
Anthem row intensifies in Tamil Nadu as Governor slams CM
A row between Tamil Nadu Governor R N Ravi and Chief Minister M K Stalin escalated on Sunday after Ravi accused the latter of \"arrogance,\" asserting that respect for the National Anthem and constitutional duties was non-negotiable.
We see early signs of revival, but challenges remain, says TCS CFO
How are AI projects shaping returns?
IIT-K Steps In For Cyber Security At Maha Kumbh
WITH THE DIGITAL landscape changing considerably in the 12 years since Maha Kumbh was last held, the Uttar Pradesh government is anticipating a bigger threat this time from misinformation on social media and online frauds, and has roped in experts from IIT Kanpur to address these concerns.