CATEGORIES

126 killed, 188 injured after multiple quakes jolt Tibet

TREMORS FELT IN NEPAL, BHUTAN AND PARTS OF NORTHERN INDIA

US Trade Deficit Widens in Nov as Imports Jump

THE US TRADE deficit widened in November, reflecting the biggest jump in imports since March 2022 as companies accelerated shipments ahead of a possible dockworkers' strike and in anticipation of potential tariffs by the Trump administration.

Exim Bank raises $1 bn via overseas bonds

EXIM BANK ON Tuesday said it has raised $1 billion (about ₹8,570 crore) through an overseas bond issuance at very competitive rates.

Balanced asset allocation key in 2025: Aditya Birla Sun Life AMC

ADITYA BIRLA SUN Life Asset Management Company (AMC) said asset allocation strategies will be the key for steady returns in 2025 since the global and Indian macroeconomic environment presents a mix of risks and opportunities.

Re, stocks snap losing streak

The rupee snapped the five-day losing streak and recorded its biggest single-day gain in more than a month on Tuesday, as reports suggested that US President-elect Donald Trump is likely to be less aggressive with his policies on tariffs.

JPMorgan last major US bank to quit Net-Zero Banking Alliance

JPMORGAN CHASE & Co. is leaving a major climate finance group, becoming the last of Wall Street's biggest banks to walk away. The largest bank in the US has decided to quit the Net-Zero Banking Alliance (NZBA), it said on Tuesday.

Banks' profit may moderate in next fiscal, says Ind-Ra

The profitability of Indian banks is expected to moderate in FY26 after reaching an inflection point in FY25, due to rising delinquencies from over-leveraging of unsecured assets and an increase in unsecured credit costs, analysts at India Ratings said on Tuesday.

Zomato shares fall 5% after Jefferies downgrades stock

SHARE PRICES OF food aggregator Zomato fell around 5% on Tuesday after global brokerage Jefferies downgraded the stock to 'hold', citing intensifying competition in the quick commerce space.

Office space leasing peaks in 2024

DEMAND FOR OFFICE space across eight major cities was at an all-time high during last year, beating previous high in pre-COVID year 2019, according to Knight Frank.

Carlyle Gets CCI Nod to Acquire 68.9% Stake in Roop Automotives

CCI on Tuesday approved US-based global investment firm Carlyle's proposal to acquire a 68.9% stake in Roop Automotives.

Wagh Bakri Tea to invest ₹100 cr for new factory in Guj

DESPITE UNFAVORABLE CLIMATE conditions and the early annual closure of tea gardens, which resulted in a tepid year for India's tea industry, the Ahmedabad-based Wagh Bakri Tea Group has maintained a steady upward trajectory in the market.

Spinny: 76% of used car buyers are first-timers

AS MANY AS 76% of used car customers in India during 2024 were first-time buyers, according to Spinny.

Hartek wins ₹117 cr order from Power Grid

HARTEK GROUP'S POWER system business unit has secured a ₹117 crore project in Gujarat from Power Grid Corporation of India (PGCIL), India's largest power transmission company.

Premium play: JioStar raises bouquet prices by 18%

Major broadcast networks have announced a price hike for their channels at the start of the new year, with players like JioStar increasing their rates by 18%. As a result, JioStar now has the highest channel bouquet rates.

Festive & wedding boost for jewellers

JEWELLERY FIRMS ARE set to report a strong year-on-year revenue growth for the October-December quarter, driven by strong wedding and festive demand, according to analysts and company updates.

'Fully constrained on Thar Roxx, XUV3XO capacity'

Mahindra & Mahindra (M&M) on Tuesday announced the prices of the top-end version of the soon-to-be launched BE 6 (₹26.9 lakh) and XEV 9e (₹30.5 lakh).

TCS May See Boost in Margins Amid Muted Revenue Growth in Q3

TATA CONSULTANCY SERVICES (TCS), set to announce its October-December earnings on Thursday, is expected to report modest revenue growth for the quarter.

Tata arm's acquisition in Pegatron gets CCI nod

THE COMPETITION COMMISSION of India (CCI) has approved Tata Electronics's (TEPL) proposal to acquire a majority stake in Pegatron Technology, a Taiwanese contract manufacturer and Apple iPhone supplier.

Vehicle registration pace in 2024 slowest in three years

THE PACE OF new vehicle registrations in India during 2024 was the slowest in three years, as rising costs and inflationary pressures tempered demand.

Telcos may seek time for DPDP compliance

TELECOM OPERATORS SUCH as Bharti Airtel, Vodafone Idea and Reliance Jio are likely to seek an 18-month timeline to comply with the provisions of the Digital Personal Data Protection (DPDP) Act after the notification of its rules, sources said.

Search for trapped Assam miners intensified

A team of Navy, Army, NDRF and SDRF personnel intensified efforts to rescue the nine workers, trapped inside a mine in the Assam coal quarry in Dima Hasao for the second day on Tuesday.

GEAPP partners ISA to drive solar expansion

THE GLOBAL ENERGY Alliance for People and Planet (GEAPP) on Tuesday signed a Multi-Donor Trust Fund with International Solar Alliance (ISA) aiming to mobilise $100 million to fund high-impact solar energy projects.

5 Policemen Killed in Bastar Blast Were Former Naxalites

Of the eight security personnel who lost their lives in a Maoist blast in Chhattisgarh's Bijapur district a day ago, five had joined the police force after quitting Naxalism, a senior official said.

Delhi votes on Feb 5

Bypolls in Milkipur in UP & Erode in TN are also scheduled

SC Refuses To Hear Plea On Cancellation Of BPSC Exam

THE SUPREME COURT on Tuesday refused to entertain a plea seeking the cancellation of the 70th Combined Competitive Exams (preliminary) conducted by the Bihar Public Services Commission (BPSC) on the grounds of an alleged paper leak and told the petitioner that he should have first approached the Patna High Court.

Mandi prices of pulses near MSP

MANDI PRICES OF several varieties of pulses — tur, urad and moong — are ruling close to the minimum support price (MSP) due to the arrival of kharif harvest and robust imports, trade sources said.

Fintech Firms Need to Boost Digital Payment Infra: Nagaraju

NOTING THAT THE digital payment infrastructure plays a crucial role in the fintech industry's expansion, financial services secretary M Nagaraju on Tuesday said fintech firms need to improve digital payment systems in rural regions and encourage lending based on digital footprints for micro, small and medium enterprises (MSMEs).

NSDC starts pan-India survey to identify gaps in skill initiatives

TO DESIGN GOVERNMENT schemes better and to aid organisations in mapping the demand-supply gap of skilled manpower, the National Skill Development Corporation (NSDC) has begun a pan-India survey with consumer intelligence firm Axis My India.

10 mn farmers get digital IDs linked to land records

TO DEVELOP A database of farmers which is linked to their land records, the agriculture ministry, in collaboration with states, has provided digital IDs to 10 million farmers across 10 states as on Tuesday, according to a senior official.

Petroleum product exports rise 3%

INDIA'S EXPORTS OF petroleum products in December increased by 3.1% to 1.37 million barrels per day against 1.33 million barrels per day in the corresponding period of 2023-24, according to data from energy cargo tracking firm Vortexa.