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H-1B Visa Flip-Flop

Trump must convince hardliners that giving US access to the world's best and brightest is essential to its future

New Orleans attack: Accused was inspired by Islamic State

A Tesla Cybertruck exploded in flames outside the Trump International Hotel Las Vegas on Wednesday, killing the driver and injuring seven others, and the FBI was investigating whether the blast was an act of terrorism, officials said.

Europe, Asia factories end 2024 on weak footing

FACTORY ACTIVITY IN Asia and Europe ended 2024 on a soft note as expectations for the new year soured amid growing trade risks from a second Donald Trump presidency and China's fragile economic recovery.

China's Late-Year EV Sales Boom Gives Way to Rocky 2025

Chinese electric vehicle makers led by BYD saw a late-2024 sales boom that's set to give way to another bruising year as carmakers face risks to demand both at home and abroad.

US Jobless Claims Fall to Eight-Month Low

INITIAL APPLICATIONS FOR US unemployment capped 2024 at an eight-month low, reflecting the relatively muted levels of job cuts in a labor market that has remained surprisingly resilient.

Apple Offers Big Discounts on New iPhone Models in China

APPLE IS OFFERING rare discounts of up to 500 yuan ($68.50) on its latest iPhone models in China, as the US tech giant moves to defend its market share against rising competition from domestic rivals like Huawei.

First in a decade: Tesla annual EV sales drop

TESLA'S ANNUAL VEHICLE sales dropped for the first time in more than a decade despite a year-end push that sent deliveries to a record in the fourth quarter.

Taking the middle path with diverse investments is key

The stock market has been going through tough times, but the good news is that retail investors have continued to invest in systematic investment plans (SIPs), says Radhika Gupta, MD & CEO, Edelweiss Asset Management Company.

Banks' credit growth to be subdued: ICRA

ICRA HAS REVISED downwards its credit growth estimate to 10.5-11% for the current financial year from the earlier 11.6-12.5%.

Market rally riding on high hopes

At a time when market experts have been advising investors to prune returns' expectations from 2025, the benchmark indices' 2.3% surge in the first two days has raised hopes that the stock market may deliver strong returns this year.

Sebi to Continue Probe Into Zee, Send Fresh Show-Cause Notice

SEBI ON THURSDAY said it will send a fresh show-cause notice to Zee founder-chairman Subhash Chandra and his son Punit Goenka, as it vowed to continue the investigation into alleged violation of listing norms against the media baron and his company.

PNGRB raps Petronet LNG; shares tank

Tariffs not under regulator's purview, says company

Microfinance firms' shares surge as MFIN defers capping lenders

Shares of microlenders, including CreditAccess Grameen, Spandana Sphoorty and Equitas Small Finance Bank, rallied on Thursday after the Microfinance Institutions Network (MFIN) decided to defer by three months the implementation of limiting the number of lenders to three per borrower.

Hyundai to Launch Electric Creta With Two Battery Options

HYUNDAI MOTOR INDIA will offer two battery options on the electric version of the Creta, which is set to debut in the upcoming Bharat Mobility Show.

Blinkit tests 10-minute ambulance service

BLINKIT, QUICK COMMERCE arm of Zomato, has ventured into emergency medical services with the launch of a 10-minute ambulance service in Gurugram.

Can't take action unless there is clear proof: Naidu on Adani deal

ANDHRA PRADESH CHIEF minister N Chandrababu Naidu has said that the Solar Energy Corporation of India's (SECI) agreement to purchase power from the Adani Group was an advantage for the state government and any action on bribery charges would be taken only after a thorough examination of the records.

Honasa CBO steps down amid series of exits

ZAIRUS MASTER, CHIEF business officer at Honasa Consumer, has resigned from his post and will step down on February 28, the company said in an exchange filing on Thursday.

Dunzo co-founder Biswas to exit firm

DUNZO CO-FOUNDER AND CEO Kabeer Biswas is set to exit the troubled hyperlocal delivery startup, according to a report in Moneycontrol.

Smartworks takes 480,000 sq ft in Gurugram for ₹94-cr rent per year

CO-WORKING PLAYER SMARTWORKS has leased 480,000 sq ft in a DLF property in Gurgaon at an annual rent of ₹94.68 crore for six years.

DMart Q3 revenue rises 17.5% to ₹15,565 crore

AVENUE SUPERMARTS, OWNER of retail chain DMart, on Thursday reported a 17.5% rise in its standalone revenue at ₹15,565.23 crore in the quarter that ended on December 31. DMart's pricing dominance is currently being challenged by quick commerce firms. Around one-third of the firm's stores are in top cities. Its total number of stores as of December 2024 stood at 387. DMart has started raising discounts on MRP of various products. The firm has also started selling white-label products.

RIL to build AI infra hub in 24 months, says Akash Ambani

RELIANCE INDUSTRIES WILL build AI infrastructure in Jamnagar within a record 24 months, making the city the global leader in this domain, said Akash Ambani, director at RIL, at an event commemorating the 25th anniversary of the company's Jamnagar Refinery.

Indian Airlines Score Low on Punctuality

Flight delays in India rise by 27%, affecting 2.39 mn passengers

2w sales skid 9%, lowest in over a year

DESPATCHES OF MOTORCYCLES and scooters of five of India's top six manufacturers to dealers fell 9% year-on-year during December as destocking efforts and lower retail demand took a toll on despatches.

upGrad bets on 'top-up/tank-up' strategy

EDTECH FIRM UPGRAD will focus more on high margin businesses like upskilling courses rather than formal education formats in order to drive profitability as it prepares for an initial public offering seven to nine quarters down the line, majority shareholder Ronnie Screwvala told FE.

DoT Likely to Shelve BSNL's VRS Proposal Amid Union Protests

AFTER UPROAR FROM the employees' unions, the department of telecommunications (DoT) has likely put the second voluntary retirement scheme (VRS) proposal for BSNL on hold, officials said.

Looking forward with hope to achieve growth at scale: Mahindra CEO

MAHINDRA GROUP is looking forward to the new year with hope and confidence, driven by its aspiration to achieve growth at scale, according to its CEO & managing director Anish Shah.

Employment Up 36% Between FY15, FY24

EMPLOYMENT IN THE country has increased by 36% to 643.3 million in 2023-24 from 471.5 million in 2014-15, \"reflecting an improvement in jobs scenario\" under the NDA regime, labour minister Mansukh Mandaviya said on Thursday, citing official data.

Goyal to meet EV industry representatives

Representatives of electric vehicle manufacturers will meet commerce and industry minister Piyush Goyal on Friday to discuss issues related to the expansion of manufacturing and the adoption and building of support infrastructure, including charging and battery swapping facilities.

Panel to suggest road map for Producer Price Index

To revise WPI base year as well; Niti Aayog member Ramesh Chand will lead committee

Budget wish list: Lower tax on FD interest & fund for NBFCs

Ahead of the Budget for 2025-26, representatives of the financial sector and capital markets on Thursday sought a lowering of tax on interest income from fixed deposits to align with capital gains tax on equities, a dedicated refinancing window for non-banking financial companies (NBFCs), and incentives for long-term savings.