CATEGORIES

Net direct tax collections grow 16% to ₹15.82 lakh cr

NET DIRECT TAX collection grew 16.45% year-on-year to over ₹15.82 lakh crore till December 17 this financial year, buoyed by higher advance tax mop-up, government data showed.

NHPC in talks with Bhutan for hydel JV

STATE-RUN NHPC IS in discussion with the Bhutan government to form a joint-venture company to undertake hydropower projects in the Himalayan country, a senior executive of the Indian hydropower major told FE.

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.

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

Finance ministers of states will also make pre-Budget proposals

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.

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.

Q2 a blip, growth to pick up again: FM

The economic growth slowdown in the second quarter of the current financial year was a blip due to a slower pace of spending, but the coming quarters will likely see healthy growth, finance minister Nirmala Sitharaman said on Tuesday.

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

In 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.

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

Leisure continues to outshine corporate trips

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

EVEN AS ASSORTED government schemes are a national skill mission aiming to make India's workforce more employable, the latest TeamLease EdTech survey has revealed that barely 2% of the higher education institutions (HEIs) in the country are offering degrees that are work-linked.

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.

KYC masking to go live on Jan 20

IN A MOVE that provides relief to financial institutions, the Central KYC Records Registry has extended the deadline for masking Know Your Customer (KYC) documents to January 20 next year.

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.

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

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.

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.

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.

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.

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

BROADCOM'S MASSIVE RALLY

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.

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.

Transforming rural health systems

ADDRESSING THE RURAL-URBAN HEALTHCARE DIVIDE REQUIRES A SYSTEMS-FOCUSED APPROACH

The upkeep of urban infrastructure

Creative financial solutions, such as charging fees for high-emission vehicles, can help alleviate toll burdens for city natives while keeping urban infrastructure viable

Wealth tax: A bad idea

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