CATEGORIES

Sinking rupee, surging oil drive indices to 7-mth low

STRONG DOLLAR, RISING US YIELDS SENT RUPEE TO RECORD LOW

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.

Overseas study, travel to cost more

WITH THE RUPEE sliding to a lifetime low against the dollar, students studying overseas, especially in universities in the US, individuals planning to travel abroad, or those planning to buy imported items will be affected.

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.

Indian killed fighting for Russia, had made requests to return home

A MAN FROM Kerala was killed while fighting for the Russian Army in the country's war with Ukraine, and his relative was seriously injured, The Indian Express has learnt.

Rajasthan river-link lifeline could submerge 37 sq km in tiger reserve

THE FLAGSHIP RIVER-link irrigation project, that will provide a lifeline to 23 districts in Rajasthan, envisages the submergence of 37 sq km in the Ranthambhore tiger reserve effectively cutting it into two sections, according to project documents reviewed by The Indian Express.

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.

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.

Food inflation down to 8.34% in Dec

More Relief In Sight

Trump tariff burden on India pegged at $14.6 bn

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.

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.

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.

Indian, Chinese refiners seek new crude sources

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.

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.

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.

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

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.

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.

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.

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.

We see early signs of revival, but challenges remain, says TCS CFO

It's still early days to quantify returns on AI initiatives.

Jaishankar will be representing India at Trump's inaugural

EXTERNAL AFFAIRS MINISTER S Jaishankar will represent India at the January 20 inauguration of US President-elect Donald Trump.

Unreal is the new real

For the first time, a car ad film has been shot without a car

'We've gone all in on AI, putting it into our devices'

AT THE CONSUMER Electronics Show (CES) in Las Vegas, Dell announced a new lineup of AI-powered PCs, accompanied by a rebranding effort aimed at simplifying the brand and making it easier to distinguish between different offerings.

A digital shield in a volatile world

Companies need to build robust cyber practices