CATEGORIES

Rupee sinks 61 paise; sharpest dip in 2 years

THE GEOPOLITICAL TENSIONS in West Asia, fresh US sanctions on Russia, and the ongoing Russia-Ukraine conflict are also contributing to the rise in Brent crude prices, which cannot be ignored, as it will impact the fiscal math for India and have impact on rupee, he added.

UP govt looks to privatize two of five power discoms

PUVVNL reported a loss of ₹6,610 crore in FY23 against a loss of ₹594 crore in FY22, as per PFC data.

In Kashmir, Modi assures all promises will be fulfilled

6.4-KM TUNNEL CONNECTS SRINAGAR WITH SONAMARG

December Retail Inflation Cools to Four-Month Low

December retail inflation cooled to an four-month low, as food inflation dropped to a three-month low and core inflation remained subdued.

Tesla Beats Audi in Global Car Sales for the First Time

Tesla surpassed one of Germany's most prized premium car brands last year, despite selling fewer vehicles than expected.

Ahead of Trump return, Chinese trade surplus soars to $1 trn

CHINA ANNOUNCED ON Monday that its trade surplus reached almost $1 trillion last year as its exports swamped the globe, while the country's own businesses and households spent cautiously on imports.

Biden expands chip controls to curb China's access to AI

MOVE WILL MAINTAIN A BLOCK ON EXPORTS TO RUSSIA, IRAN AND N KOREA

J&J Set to Acquire Intra-Cellular in $14.6-Billion Deal

JOHNSON & JOHNSON said on Monday it will buy neurological drugmaker Intra-Cellular Therapies for $14.6 billion, its biggest deal in at least two years, boosting its presence in the market for brain disease treatments.

Growth Stagnation Continues for Just Dial

Employee efficiency is near its peak, with underinvestment posing a risk to growth

Dmart: Maintaining Cautious Outlook

Company is poised for 19% growth in FY2026/27

Biocon's US biz prospects strong

Well-positioned for product approvals and launches

The Tortuous Normalisation

BEIJING'S 'ILLEGAL, COERCIVE, AGGRESSIVE AND DECEPTIVE' STRATEGY WILL TEST NEW DELHI

Building a cyber-resilient India in the AI era

As AI becomes more integrated into business and daily life, the need for robust cybersecurity measures becomes an imperative for the country

For Spending Efficiency

Subsidy reforms need a fresh push, open-ended sops are irrational

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.

Re 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.

US sanctions on Russia crude: Oil jumps to over $80

THE OIL SAGA

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

BENCHMARK EQUITY INDICES on Monday crashed to a seven-month low as a strong dollar and rising US yields sent the rupee to a fresh record low, surpassing the 86-mark for the first time.

Imported inflation, fiscal costs remain key worries

THE RUPEE'S SHARP slide has the immediate effect of jacking up imported inflation.

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.

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.

Telcos May Further Hike Tariffs by 10%

Focus on Monetisation

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.

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.

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).

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.

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.