CATEGORIES

Chhattisgarh and Bengal Lead in Rural Social Welfare Spend

After accounting for items received free of cost by households through various social welfare programmes, consumption expenditure by the households in rural areas was nearly 3 per cent higher, according to an analysis of the 2023-24 Household Consumption Expenditure Survey (HCES).

Liquidity Deficit Hits ₹2 Trillion Again Despite CRR Cut

The liquidity deficit in the banking system crossed ₹2 trillion again on Monday, despite the second installment of cash reserve ratio (CRR) reduction coming into effect from December 28.

India Can Retaliate Against US in Case of Trade War: RIS

India has the option to retaliate against any tariff measure by the US during the Donald Trump administration in sectors such as mineral fuels, iron, and steel products.

CPSE Procurement From MSEs Down 43% To ₹773.39 Cr In FY24

Procurement by central public-sector enterprises (CPSEs) from micro and small enterprises (MSEs) has declined by a sharp 43 per cent in 2023-24 (FY24), totalling ₹773.39 crore, from 188 CPSEs, down from ₹1,369.45 crore during FY23, according to the latest edition of the Public Enterprises Survey, released by the Ministry of Finance.

New strategy: RBI likely going slow in forward market intervention

After creating a short position of almost $50 billion in the forward market till the end of October 2024, the Reserve Bank of India (RBI) seems to have fine-tuned its intervention strategy by going slow in selling dollars in those markets.

Govt capex dips 12.3% in 8 months of FY25

Fiscal deficit reaches 52% of FY25 target

Long distance travelled, but ‘90% of India yet to be built'

From the year 2000, fast forward to 2024, and the country stands at a pivotal moment — one where roads stretch across vast distances, bullet trains are on the horizon, and ports hum with the promise of global trade dominance

Slowing credit growth, margin pressure may weigh on banks

In 2025 banks are in for challenges such as pressure on margins and slowing credit growth.

Geopolitical headwinds threaten '25 oil imports

However, copious supplies and falling rates cap concerns

Trifecta to curb bank credit growth this FY

Bank credit growth is expected to moderate this financial year after a robust 16 per cent estimated for last financial year, driven by strong economic activity and retail credit demand.

'Spurious' drugs with face value of ₹6.6 crore seized

The Central Drugs Standard Control Organisation (CDSCO) in a joint operation with the Drugs Control Directorate, West Bengal, seized \"spurious\" drugs worth ₹6.6 crore during a raid at a wholesale firm in Kolkata and arrested the company's owner in connection with the case.

NPCI extends market-share cap deadline for UPI apps by two more years

WhatsApp Pay can now onboard all of its messaging service users in India

ITD Cementation bags ₹1,648 crore contract for construction at Vadhvan

ITD Cementation India Ltd has won an engineering, procurement, and construction (EPC) contract worth ₹1,648 crore for construction at the Vadhvan Port in Maharashtra.

Kirloskar firms to challenge Sebi on family deed issue

Four Kirloskar companies on Tuesday said they are preparing to legally challenge a letter by the Sebi asking them to disclose the deed of family settlement (DFS) that was signed by members of the Kirloskar family on September 11, 2009.

AstraZeneca May Restructure Biopharma Unit

Move to focus on delivery of next-generation therapeutics

IT majors may face op disruptions, rising costs as H-1B overhaul looms

With Donald Trump poised to return to power in 2025 after winning the election, his administration is expected to implement stricter H-1B visa policies, including higher wage thresholds, reduced visa caps, and a focus on prioritizing US-educated or higher-skilled applicants, according to industry experts.

E2Ws, Premium Bikes Set to Rule Market in 2025

The Indian automotive market is gearing up for major launches and an electrification drive in the electric two-wheeler (e2W) segment in 2025.

62% of Nifty 50 firms set green goals

Of the 31 companies, 20 have net-zero target and 11 carbon neutrality target: IIAS report

Markets Secure Gains in Choppy '24; Face Volatility Risks in '25

Despite a near 10 per cent pullback from their peak, the domestic equity markets secured their ninth consecutive annual gain in 2024.

Corporate India bets on demand recovery in '25

Plans bigger capex, more hirings; expects govt to offer tax incentives

Mkts secure gains in choppy '24; face volatility risks in '25

Despite a near 10 per cent pullback from their peak, the domestic equity markets secured their ninth consecutive annual gain in 2024.

Telangana CM Seeks Nadella Help in Tech, AI Infra Boost

Telangana Chief Minister A Revanth Reddy on Monday called on Microsoft CEO Satya Nadella at his residence and sought the IT major's support to develop a strong ecosystem so that Hyderabad is recognised as a leading city in the world in the technology domain.

Airlines Have to Share International Passenger Data with Customs from April

Airlines will have to mandatorily share details of foreign travelers with the Indian Customs authorities from April 1, 2025, and non-compliance can attract penalties.

H-1B visa: A policy shift under Trump and Biden

Indians constituted highest share in number of visas issued during both presidencies

H-1B System 'Broken,' Need 'Major Reform,' Says Musk

Days after pledging to \"go to war\" in defense of the H-1B visa program, tech billionaire Elon Musk has turned his sights on the system itself, labeling it \"broken\" and in need of \"major reform.\"

ROOT OF THE MATTER

Nano urea sales fell sharply in FY24 while production capacity rose. Is it an aberration or sign of a deeper problem?

Carlos Slim invested $1bn in 2024 to supercharge oil bets

Carlos Slim (pictured), Latin America's richest man, plowed $1 billion this year into growing his crude-oil producing and refining portfolio in a bet that demand for fossil fuels isn't going away anytime soon.

Fire, engg insurance premiums may rise by 60% in 2025

In 2025, Indian firms may face higher premiums for fire and engineering insurance covers as reinsurers are likely to revise rates due to rising claims from catastrophic events and higher loss ratios, according to people in the know.

ICAR, governing body member spar over appointments

Venugopal Badaravada, who is a governing-body member of the Indian Council of Agriculture Research (ICAR) and has pitted himself against the organisation on various matters, has now picked a dispute with the outfit on high-level appointments.

Financial sector to see many new faces in 2025

The financial sector could see new faces at the helm of banks and insurance companies with over half a dozen chief executive officers (CEOs) set to hang up their boots in 2025.