CATEGORIES

BPCL boosts West Asian oil imports

● Oil imports from Russia slipped to 1.47 mn barrels/day

Thomas Cook reports cyberattack on IT infra

Thomas Cook (India) on Tuesday said there has been a cyberattack on its IT infrastructure and it is working with security experts to support its investigation and take remedial action.

BAA plans to open pilot training centre in India

BAA TRAINING, A global aviation training provider, is considering establishing a pilot training centre in India to capitalise on the predicted surge in air travel demand in the country.

RIL Spent $13 Billion on Acquisitions in 5 Years

RELIANCE INDUSTRIES HAS spent $13 billion on acquisitions in the past five years across new energy, telecom, retail and media business to script a pivot away from core oil and petrochemicals business to clean energy and consumer-facing verticals.

Investor confidence powers semiconductor startups

SEMICONDUCTOR STARTUPS ARE riding a wave of increased investor confidence, with total funding in 2024 reaching $21.3 million, according to Tracxn.

Blinkit Launches Large Order Fleet in Delhi, Gurugram

BLINKIT, QUICK COMMERCE arm of Zomato, has launched a large order fleet in Delhi and Gurugram.

Atul, Rahul Kirloskar to challenge Sebi order on family settlement

ENTITIES UNDER ATUL and Rahul Kirloskar's control - Kirloskar Oil Engines (KOEL), Kirloskar Industries (KIL), Kirloskar Pneumatic (KPCL), and Kirloskar Ferrous (KFL) - are gearing up for a legal battle against a Securities and Exchange Board of India (Sebi) directive.

Emerging tech to spur 20% job growth in India

INDIAN IT ECOSYSTEM is poised for a promising growth trajectory in the coming years with emerging technologies expected to witness a 20% increase in new jobs in 2025, Human Resources (HR) platform FirstMeridian Business Services said on Tuesday.

IT companies set for gradual Q3 recovery with BFSI boost

● Mid-tier IT firms likely to outpace industry majors

Coffee exports surpass $1-bn mark in Apr-Nov

Traditionally a tea exporter, India is making significant inroads into the global coffee export market with total exports during the current financial year up to November crossing the $1-billion mark for the first time, according to data from Centre for Monitoring Indian Economy (CMIE).

India to face challenges in improving biz ranking score: Report

INDIA MAY FACE challenges in achieving good scores on parameters like business entry, labour regulations, and international trade in the World Bank's Business Ready report, according to think tank GTRI.

In Trump era, look beyond IT for H-1B visas

AMID THE RAGING debate over H-1B visas in the US, policy think tank Research and Information System for Developing Countries (RIS) Tuesday said there was a need to diversify the skill sets beyond software since bulk of the H1-B visas are allotted to IT professionals.

Revised standards for organic products soon

INDIA WILL SOON unveil updated standards for organic agricultural products to bring them at par with the latest European Union’s (EU) grade to bring in more clarity and transparency in the processes while strengthening the regulatory oversight through data analytics, a senior official said.

Spurious drugs worth Rs 6.6 cr seized in Kolkata

A joint investigation conducted by the Central Drugs Standard Control Organisation (CDSCO) and the Drugs Control Directorate, West Bengal at the premises of a wholesale firm in Kolkata recently led to the seizure of spurious drugs estimated to be worth Rs 6.6 crore.

Capacity of wheat silos to triple in three years

THE GOVERNMENT IS aiming to build 9 million tonne (MT) of wheat silos capacities over the next three years, from a current level of 2.8 MT of state-of-the-art grain storage facilities.

Govt firms up plan to widen ambit of quality control for steel

1,000 more grades to be brought under BIS standards; move will check imports too

GTRI: Exports cross $800 billion in 2024

India's overall exports in calendar year 2024 likely touched $814 billion, growing at 5.58% year-on-year, according to a report by trade policy think tank Global Trade Research Initiative (GTRI).

Centre's fiscal deficit in Apr-Nov at 52.5% of BE

● Capex down 12.3%, FY25 target may be missed

Core sector growth in Nov at four-month high of 4.3%

Economists expect overall industrial growth to be 5-7%

Bears gain ground, bulls sober up

EARLY IN THE year a fund manager, with over three decades in the Indian stock market, lamented the art of stock picking had no value in today's market.

Three shots that sank India in fourth Test

\"AAJ KAYA pehlewaala? (Today's or the previous one?),\" Rohit Sharma queried when a question was asked about Rishabh Pant's shot in the final session on the final day that changed the game, even as India plunged to a 184-run defeat to Australia, bundled for 155 chasing 339 in the fourth innings at Melbourne.

₹18k a month for priests, granthis if AAP wins: Kejriwal

WITH AN EYE on Delhi's Pandit and Sikh voters, Aam Aadmi Party (AAP) national convenor Arvind Kejriwal Monday announced his fifth poll promise--₹18,000 a month to all pandits and pujaris working in temples and granthis in gurdwaras across the city if the party returns to power in the Assembly election next year.

MoD signs ₹2,867-crore deals for torpedoes, AIP

DEFENCE MINISTER RAJNATH Singh said on Monday that unconventional methods like Artificial Intelligence-based warfare and cyberattacks pose a big challenge.

Isro's PSLV-C60 lifts off with SpaDeX spacecraft

ISRO's PSLV-C60 rocket carrying two spacecraft that would aid in demonstration of space docking, a critical technology for future space missions, lifted off from the spaceport here late on Monday.

Mamata's Sandeshkhali outreach: Don't pay anyone for state benefits

ON HER FIRST visit to Sandeshkhali since protests erupted over alleged land grabbing and sexual harassment of women by local TMC leaders, West Bengal CM Mamata Banerjee on Monday asked its residents not to pay anyone to avail benefits of state-run schemes.

Medium-Term Outlook Uncertain: RBI

India's GDP growth fell to a seven-quarter low of 5.4% in Q2 FY25.

Adani Group to sell stake in Wilmar JV, to fetch $2 bn

THE EXIT WILL take place in two phases. Lence will buy 31.06% stake held by ACL through a call and put option, while Adani Enterprises will divest 13% of its shareholding to ensure compliance with the minimum public shareholding norms.

Sanjay Malhotra: Dove, hawk or owl?

YET, HE HAS to face a unique set of immediate challenges - chiefly, the unfinished agenda of reining in inflation within the target band amid signs of a growth slowdown, and complexities caused by a certain intractability of global inflation and a falling rupee.

Bandh Call by Farmers Halts Punjab, SC Hearing Today

A nine-hour bandh call by protesting farmers under the banner of the Kisan Mazdoor Morcha (KMM) and the Samyukt Kisan Morcha-Non Political (SKM-NP) over several demands, including legal guarantee for MSP, brought Punjab to a halt on Monday.

FM says wishes to do more for middle class

EVEN AS THE economic growth has slowed, tax receipts are relatively strong for the government, with gross personal income tax collections growing at 20.2% on year in the April-October period of the current financial year.