CATEGORIES

Zypp Electric set to double fleet this yr

B2B DELIVERY AND shared mobility startup Zypp Electric is set to double its fleet size in 2025, driven by rising demand fueled by the growth of quick commerce and e-commerce.

Court Acquits Khaleda Zia in 10-Year-Old Sabotage Case

A court in Bangladesh acquitted BNP Chairperson and former prime minister Khaleda Zia on Wednesday in a sabotage case filed in the southeastern Cumilla district 10 years ago.

Israel-Hezbollah truce set to extend beyond next week

THE CEASEFIRE AGREEMENT that paused the war between Israel and the Hezbollah militia in Lebanon will likely be extended when it expires next week, according to several people familiar with the matter.

Bids for mega Vadhvan port project likely by September

BIDS FOR THE development of core infrastructure like offshore land reclamation under public-private partnership (PPP) are likely to be called before September for the all-weather greenfield deep major port in Maharashtra's Vadhvan, a key piece of the India-Middle East-Europe Economic Corridor, sources said.

Sebi seeks comments on plan for small-ticket SIPs by Feb 6

THE SECURITIES AND Exchange Board of India (Sebi) has sought responses to its 'small-ticket systematic investment plan', or the ₹250 SIP, proposing that a part of the cost, incurred by asset management companies (AMCs), along with certain incentives, be compensated from the Investor Education and Awareness Fund.

Relief to Mauritius Investors as CBDT Clarifies New Rule

No 'principal purpose test' for tax waiver on pre-FY18 investments

Trump Announces $500 Billion Investment in AI Infrastructure

The executives gave Trump credit for the news. \"We wouldn't have decided to do this,\" Son told Trump, \"unless you won.\"

Dec hiring at 12-month high

FOUNDIT PREDICTS A 14% rise in AI hiring for 2025, which would be primarily driven by industries embedding AI into their core operations.

Let there be truce: Realtors to Lodhas

PROMINENT REAL ESTATE developers and brand experts have called for an amicable resolution to the legal dispute between the Lodha brothers, Abhishek and Abhinandan, regarding the use of their family name in business.

In first talks with India, Trump admin raises irregular immigration

NEWLY APPOINTED US secretary of state Marco Rubio raised the issue of \"irregular immigration\" in his very first meeting with external affairs minister S Jaishankar in Washington DC on Wednesday.

BSNL witnesses subscriber loss after 4 months in Nov, Jio adds

OVERALL SUBSCRIBER BASE DROPS BY 1.76 MILLION

India's 'year of reforms' in defence

A close engagement between the private industry and govt is critical to achieve a robust policy along with adequate budgetary allocations in 2025

Bad loans weigh on HDFC...

The private lender witnessed a marginal growth in loans as its gross advances rose 3% on the year to ₹25.43 lakh crore

Food, fertiliser and LPG subsidies may be raised

THE GOVERNMENT IS likely to raise spending on food, fertiliser, and cooking gas subsidies to ₹4.1 lakh crore in the next fiscal year, sources said, a moderate 8% year-on-year increase to cover higher food and energy costs.

HUL profit rises by 19.5% on Pureit sale

THE NET PROFIT (excluding the exceptional item) stood at ₹2,492 crore, down 1.07% compared to last year.

Slow growth in foldable phones demand: Oppo

CHINESE SMARTPHONE MAKER Oppo said the company is not keen on launching foldable phones in India presently as the demand is yet to pick up for the product segment across the industry.

Retail space leasing in malls falls 10% in 2024

LEASING OF RETAIL spaces in shopping malls and high streets fell 10% last year to 6.4 million sq ft across eight major cities due to supply constraints, from 7.1 million sq ft in 2023, according to CBRE.

GCCs Transform to Innovation Hubs in India

ACTIVISTS PUT OIL AND EMISSIONS IN SPOTLIGHT

Assam Holds Roadshow for Investors in Bengaluru

As many as 200 companies from India's high-growth sectors such as energy, infrastructure, semiconductors, textiles, IT-ITeS, and electronics have explored investment opportunities in Assam at an investors' roadshow held here recently.

IT shares drive Sensex, Nifty

● Sell-off in broader markets continues, mid- and small-cap indices plunge

Jute MSP increased by 6% to ₹5,650/quintal

THE CABINET COMMITTEE on economic affairs on Wednesday hiked the minimum support price (MSP) of raw jute by 6% to ₹5,650/quintal for the 2025-26 marketing season.

J&J Tops Q4 Profit Estimates on Cancer Drug Sales

JOHNSON & JOHNSON (J&J) notched higher-than-expected fourth-quarter earnings on strong sales of its cancer medicines that helped offset the fade of an older blockbuster.

Middle class is a victim of 'tax terrorism', says Kejriwal

ZERO TAX ON annual income of up to ₹10 lakh, removal of goods and services tax (GST) on essentials, increase in health and education budget up to 10%, a pension scheme for senior citizens, along with proper retirement plans: These are among seven demands that Aam Aadmi Party (AAP) chief Arvind Kejriwal presented to the Centre on Wednesday as he said that the middle class is a victim of \"tax terrorism\".

Rupee rises 23 paise to 86.33, bias negative

THE RUPEE APPRECIATED 25 paise to close at 86.33 against the US dollar on Wednesday, supported by positive domestic equities and softening of the dollar index.

CAG red flags expenses by firm behind RRTS

A DRAFT AUDIT by the Comptroller and Auditor General (CAG) has found that the National Capital Region Transport Corporation (NCRTC) gave its executives undue benefits worth ₹39 crore in the form of vehicle expenses and payment for staff engaged at their residences for official work.

...Hints at Possible Russia Sanctions if Ukraine Issue Fails

US President Donald Trump has said he is ready to meet his Russian counterpart Vladimir Putin anytime, but at the same time warned that he would likely impose sanctions on Russia if the latter does not come to the negotiations table on the issue of Ukraine.

Race for AI dominance

Stargate is part of US-China tech battle, but India should also look at foundational AI development

India's non-fossil fuel-based capacity hits 218 GW-mark

INDIA'S TOTAL NON-FOSSIL fuel-based capacity has touched the level of 217.62 gigawatt (GW) as of January 20, an official statement said on Wednesday.

Trump delivers fresh tariff threats against EU, China

US PRESIDENT DONALD Trump has vowed to hit the European Union (EU) with tariffs and said his administration was discussing a 10% punitive duty on Chinese imports because fentanyl is being sent from China to the US via Mexico and Canada.

RG Kar: SC defers hearing to Jan 29

THE SUPREME COURT on Wednesday cited paucity of time and deferred to January 29 the hearing on the suo-motu case over the rape and murder of a trainee doctor at state-run RG Kar Medical College and Hospital in Kolkata.