CATEGORIES

RBI: ₹2,000 notes worth ₹6,577 cr still with public

THE RESERVE BANK of India on Monday said 98.15% of ₹2,000 denomination banknotes have been returned to the banking system, and only ₹6,577 crore worth of such notes are with the public.

Make-in-India EV goal may take a hit

● Cut in auto PLI outlay to hinder cost reduction too

BharatPe CMO Parth Joshi Quits

PARTH JOSHI, the chief marketing officer of BharatPe, has resigned from his post and is currently serving a notice period at the IPO-bound company, according to people in the know.

White-collar hiring rises 4% in January

INDIA'S WHITE-COLLAR JOB market kicked off 2025 on a positive note, recording a 4% year-on-year (y-o-y) increase in hiring, according to Naukri's JobSpeak Index.

Tesla registrations dip 63% in France

TESLA REGISTRATIONS PLUMMETED 63% last month in France, the European Union's second-biggest market for battery-electric vehicles.

Assam CM meets Modi, Sitharaman

ASSAM CHIEF MINISTER Himanta Biswa

Shriram General aims 25% premium from pvt vehicles

SHRIRAM GENERAL INSURANCE Company (SGIC), which used to primarily focus on used commercial vehicle insurance, is planning to grow its private vehicle insurance business.

AAP Flags BJP Budget Tax Ad

Terming a print ad by the BJP as \"misleading\" for seeking to portray the I-T relief in the Budget as a \"gift for Delhi\", the AAP on Monday filed a complaint with the Delhi CEC office, seeking action in the matter.

Campaigning for Delhi Assembly elections ends

THE HIGH-PITCHED campaign for the Delhi Assembly elections—which saw the AAP, BJP, and Congress raising the stakes with various poll sops and schemes—drew to a close on Monday.

Veteran Banker Victor Menezes Passes Away

Veteran Banker Victor Menezes, one of the earliest India-origin CXOs to lead multinationals, has died in the US at the age of 77, sources said on Monday.

The genesis of 4% inflation target

Forty years ago, the Chakravarty Committee Report first proposed the aim that the Urjit Patel Committee approved in 2014 shaping inflation targeting in India

Oil prices ease as US tariffs on Mexico halt

OIL PRICES EDGED lower on Monday after rising more than $1 earlier in the session after the United States and Mexico announced a month-long pause on tariffs the US had slapped on its southern neighbour.

Gig workers' earnings seen rising 9-11.6%

The upward trajectory seen in earnings of workers at dark stores as also delivery partners of quick commerce players in 2023-24, is expected to continue in the current year albeit at a moderated pace.

TVS, Royal Enfield lead January 2W sales rally

BAJAJ SLIDES THE MOST, HERO SEES A MARGINAL FALL

Bond yields soften

GOVERNMENT BOND YIELDS declined on Monday, the start of a week in which the central bank is widely expected to follow its recent liquidity-boosting measures with its first interest rate cut in nearly five years.

Average customs duty cut to 10.65%: CBIC chairman

INDIA HAS SIGNIFICANTLY reduced its average customs duty from 11.65% to 10.65%, which is at the level prevalent in Southeast Asian countries, Sanjay Kumar Agarwal, chairman, Central Board of Indirect Taxes & Customs (CBIC), said at a CII event on Monday.

CEA: Geo-economic uncertainties behind Budget measures

THE CURRENT STATE of the world economy as well as geo-economic uncertainties are the \"driving force\" behind many of the Budget announcements, chief economic adviser V Anantha Nageswaran said at a CII event on Monday.

Bhutan PM to Attend Bengal Business Meet

BHUTAN'S PRIME MINISTER Tshering Tobgay is scheduled to visit Kolkata for two days to attend the state's business summit to be held later this week, an official from the Royal Bhutanese Consulate in Kolkata said on Monday.

Altman Visits India on Feb 5

ON MONDAY, OPENAI and SoftBank Group announced it would set up a joint venture to sell AI services to businesses across Japan, one of the broadest efforts yet to sell the fast-growing startup's tools to enterprise customers outside of the US.

Govt Receives 70 Bids for 20 Coal Blocks

A TOTAL OF 70 bids have been received for 20 coal mines out of the 27 blocks put on auction in the latest round, the ministry of coal said on Monday.

OPEC+ sticks to oil policy, ditches US government data

OPEC+ AGREED TO stick to its policy of gradually raising oil output from April on Monday and removed the U.S. government's Energy Information Administration from the sources used to monitor its production and adherence to supply pacts.

ECB dithers while euro economy flatlines

US PRESIDENT DONALD Trump couldn't have been clearer that the euro area is next in line for tariffs, and if he is going for maximum impact he will aim squarely for Germany and France.

INX Launches Trading in Sensex F&O at GIFT City

PIVOTING TO PROVIDE a conducive environment for global investors, India's first international stock exchange platform, India International Exchange (INX), on Monday initiated trading in dollar-denominated Sensex derivatives at GIFT International Financial Services Centre (IFSC).

Tax sops to add ₹45K cr to bank deposits: DFS secy

TOTAL BANK DEPOSITS by senior citizens have increased 150% from ₹13.7 lakh crore in 2018 to ₹34.2 lakh crore in 2023. The average deposit per such account has also increased from ₹3.34 lakh to ₹4.63 lakh during the period.

Dealing with a maverick

As Trump is bent on a tariff war, India's strategy must include a mix of striking back & coalition building

Centre wants BSNL to step up this fiscal

Budget Impact

US Manufacturing Activity Expands in Jan

US FACTORY ACTIVITY expanded last month for the first time since 2022 as orders ramped up and production quickened, pointing to a brighter manufacturing outlook.

OpenAI, SoftBank to develop AI for Japan

OPENAI AND SOFTBANK Group are joining forces in a joint venture to sell AI services to businesses across Japan, one of the broadest efforts yet to sell the fast-growing startup's tools to enterprise customers outside of the US.

Trade War Heats Up After Trump Orders Tariffs

CHINA, CANADA PROMISE COUNTERMEASURES AGAINST MOVE BY PRESIDENT

Gradual sales recovery expected for Nestle

● Planning price hike in Q4 due to rising raw material costs