CATEGORIES

2025 to be the 'year of industry': MP CM

Madhya Pradesh Chief Minister Mohan Yadav has declared 2025 as the \"Year of Industry and Employment\" to promote industrial development in the state.

Analysts pare India forecast after Friday's growth shocker

India's economic growth slumped to a seven-quarter low of 5.4% in July-September, prompting analysts to sharply lower their full-year growth forecasts.

Trai rule to trace SMS applicable from Dec 11

THE TELECOM REGULATORY Authority of India (Trai) on Saturday extended the deadline on the SMS traceability guidelines for telecom operators to December 10 from November 30.

NSE cash: Retail investor participation jumps 6x

RETAIL INVESTORS’ participation in NSE’s cash segment surged sixfold, with turnover rising to ₹1.39 lakh crore during Jan-Oct 2024, compared to ₹25,116 crore during the same period a year ago.

IIT-Madras to offer fine arts, culture courses

In a first for Indian Institutes of Technology (IITs), IIT-Madras on Tuesday said it would offer two supernumerary seats in each undergraduate programme to students who have achieved excellence in fine arts and culture, starting from the upcoming academic session.

Not even 2% work-linked higher education courses yet: Report

EDUCATION-INDUSTRY MISMATCH

The world's busiest airline routes in 2024 are largely in Asia

● Leisure continues to outshine corporate trips

DPIIT inks pact with HDFC Bank to help startups

THE DEPARTMENT FOR Promotion of Industry and Internal Trade (DPIIT) on Tuesday said it has inked pacts with HDFC Bank and Tally Solutions to help startups growth.

Panel suggests LS elections template for entrance tests

DRAWING PARALLELS WITH the conduct of general elections, a high-level committee set up by the Education ministry and chaired by former Isro chief K Radhakrishnan has proposed a similar framework for holding important national entrance tests to ensure transparency.

PM: Cong fanned water disputes among states

PRIME MINISTER NARENDRA Modi on Tuesday said all homes in Rajasthan will soon have tap water, attacking the Congress party over water disputes between states.

Indian firms use euro, yen swaps

ECB president Christine Lagarde hinted at a bigger 50 basis point rate cut to buffer the euro zone economy

SME IPOs fetch rich returns in Dec

The SME IPO market continues to see heightened interest and is delivering multibagger returns despite being under the lens of the markets regulator.

EPFO weighs higher equity investments

IN FY23, the interest rate was fixed at 8.15% and 8.10% in FY22.

KYC masking to go live on Jan 20

IN A MOVE that provides relief to financial institutions, the Central KYC Records Registry has extended the deadline for masking Know Your Customer (KYC) documents to January 20 next year.

Trudeau govt adrift after FM quits, Trump tariffs loom

The abrupt resignation of Canada's finance minister leaves the government adrift less than a month before the inauguration of a new US administration that could impose crippling sanctions on Canadian exports.

TikTok turns to top US court in last-ditch attempt to avert ban

TikTok made a last-ditch effort on Monday to continue operating in the United States, asking the Supreme Court to temporarily block a law intended to force ByteDance, its China-based parent company, to divest the short-video app by Jan. 19 or face a ban.

China plans record budget deficit of 4% of GDP in 2025

● New plan compares with an initial target of 3% of 2024 GDP

Markets slump over 1%

ALL MAJOR ASIAN markets ended in the red on Tuesday, a day ahead of the US Federal Reserve's meeting outcome.

Lanka bondholders sign off on $12.55-bn debt overhaul

SRI LANKA'S BONDHOLDERS SIGNED off on the government's proposal to restructure its $12.55 billion of international bonds, a key step in finalising the island nation's debt overhaul.

Wang, Trump raise prospects of US-China working together

CHINA'S TOP DIPLOMAT said on Tuesday he hoped the incoming Trump administration would \"make the right choice\" and work with Beijing, hours after Donald Trump told reporters the Covid-19 pandemic had strained his relationship with \"friend\" Xi Jinping.

Broadcom's 'Nvidia moment' has arrived. Now it needs to deliver

BROADCOM'S MASSIVE RALLY

Ukraine kills Russian chemical weapons chief in Moscow blast

A top Russian general accused by Ukraine of being responsible for the use of chemical weapons against Ukrainian troops was assassinated in Moscow by Ukraine's SBU intelligence service on Tuesday morning in the most high-profile killing of its kind.

Line of control

● When should a brand stop trying to jolt the audience?

Emami versus HUL over 'Glow & Handsome'

In April this year, the Calcutta High Court restrained Hindustan Unilever (HUL) from using the 'Glow & Handsome' trademark for its men's fairness range following an application by Emami.

Wealth tax: A bad idea

More revenue is needed for health and education, but Piketty's recommendation is problematic

Transforming rural health systems

ADDRESSING THE RURAL-URBAN HEALTHCARE DIVIDE REQUIRES A SYSTEMS-FOCUSED APPROACH

The upkeep of urban infrastructure

Creative financial solutions, such as charging fees for high-emission vehicles, can help alleviate toll burdens for city natives while keeping urban infrastructure viable

Regulator introduces new asset class for high-risk users

MARKETS REGULATOR SEBI has notified norms for introducing a new asset class -- Specialised Investment Fund -- for high-risk profile investors along with liberalised mutual funds lite (MF Lite) framework for passively managed schemes.

Indian firms raise $16 billion via QIP

ROBUST RESPONSE

FPI instruments with derivatives as underlying assets barred

THE SECURITIES AND Exchange Board of India (Sebi) has barred foreign portfolio investors (FPIs) from issuing offshore derivative instruments (ODIs) with derivatives as underlying assets or using derivatives to hedge their ODIs in India in bid to curb regulatory arbitrage.