CATEGORIES

Funding in space industry of India falls 55% in 2024

Funding in India's space sector, a key part of the country's ambitions to become a global superpower, plummeted by 55% in 2024 to $59.1 million from $130.2 million the previous year, according to data from market intelligence platform Tracxn.

Airtel, VI Sell Holdings in Wi-Fi JV Firefly

Telecom operators Bharti Airtel and Vodafone Idea have sold their entire stake in Wi-Fi infrastructure company Firefly Networks to iBus Network and Infrastructure for ₹9 crore, the telcos said in separate regulatory filings on Monday.

India eyes $107-bn pvt capital to widen grid

India is asking states to attract more private capital to accelerate the expansion of its power transmission network, part of a plan to revamp the country's grid and accommodate more clean power.

House panel to review CDSCO's performance in curbing spurious drugs

The government has also made it mandatory for 300 lifesaving drugs to have quick response codes

Finally, US nuclear ties with Indian cos

India and the US have been discussing the supply of US nuclear reactors to India since the mid-2000s

Services sector growth at 4-month high

Manufacturing growth slowed to a 12-month low in December amid a softer increase in factory orders and production

Green MSME Policy for Tech, Financial Aid Likely in Budget

A body would be created under the MSME ministry to oversee implementation of the policy

Five-yr plans back at Niti Aayog to cut emissions

Five-year plans that made an unceremonious exit nearly a decade ago are making a quiet comeback, this time to handhold India's decarbonization journey.

Viral fear, growth blues stalk Street

Stocks fall 1.6%, fear index up 16%; key indicator signals weakness

Kotak backs lower personal I-T, not higher corp taxes

India should look to reduce income tax for individuals than raise it for companies to shrink the gap between the two, veteran banker Uday Kotak suggested.

Public debt: Do not let it eclipse the fiscal deficit

The Centre's plan to adopt debt as its new focus for budget prudence after 2025-26 does hold merit but we must not lose track of the fiscal gap. It'll remain a valuable economic indicator

Budget: It must aim to engineer India's economic transformation

The target of Viksit Bharat by 2047 requires the budget to balance immediate challenges with long-term development goals

The 'Asian Aunty' is smashing ageist and gender stereotypes

'Aunty' leaders are tackling a widely normalized form of 'othering'

The Digital Data Protection Rules Have Hits and Misses

Some provisions can set a global example for age-gating but others would overburden data fiduciaries

Longevity Is Usually A Reward For Being Unspectacular

Careers That Endure Are Typically Not Spectacular. This Is So In Politics As Well As Other Fields

Get public-private partnerships right for target-oriented growth

The UK's new government should engage the private sector with deals that achieve public objectives

How this 27-year-old is rebuilding her finances after a French detour

Angane is leveraging dual income streams to repay her loan and regain financial control after health concerns

How to Use Home Loan Interest as Acquisition Cost

With the 2023 amendment offering clarity, taxmen must enforce the law in right spirit

Ketan Parekh: Inside SEBI's 30-Month Probe

The investigation claims to have untangled a mesh of people and entities involved in a front-running scam

Nayara set to add a fuel station per day

Nayara Energy, India's largest private fuel retailer, plans to add 400 petrol pumps this year to expand its retail network across various states, the firm said in a statement on Sunday.

FDI in India growing rapidly: Goyal

Foreign Direct Investment (FDI) inflows into the country are surging, with investors from the Middle East, Japan, European Union, and the US recognising India's status as a top investment destination, driving rapid economic growth and generating millions of new jobs, commerce and industry minister Piyush Goyal said.

Tighter anti-spam norms in a month

Telecom Regulatory Authority of India (Trai) will start, this month, a pilot to onboard paper-based and past permissions given by customers for receiving commercial communications onto its digital distributed ledger technology (DLT) platform, a process that in the long-run would include scrubbing and verifying their current validity and offering opt-outs to those keen on it.

Office space supply falls in top 8 cities

India's eight major office markets saw a 6% annual decline in fresh supply of workspaces during 2024, even as the demand hit an all-time high, according to Cushman & Wakefield (C&W).

OfBusiness plans to invest ₹3k cr in 3 yrs

OfBusiness, a b2b commerce and fintech startup, is looking to invest about ₹3,000 crore into doubling its steel business to more than 4 mtpa in the next three years.

Another round of PLI scheme for steel

The government will launch another round of production-linked incentive (PLI) scheme for the steel sector on Monday.

South Korea's presidential security chief defies Yoon arrest bid

The chief of security for South Korean President Yoon Suk Yeol said on Sunday he could not cooperate with efforts to arrest the impeached leader, in remarks that could push the political crisis towards another high-stakes confrontation.

CCI to boost enforcement: Chief

The Competition Commission of India (CCI) will focus on strengthening enforcement, enhancing collaborations and leveraging technology to ensure fair competition in the country, its chief Ravneet Kaur said in a statement.

NHAI prepays loan, saves ₹1,200 crore

The National Highways Authority of India (NHAI) has prepaid loans worth ₹56,000 crore during the current fiscal, helping the state-owned agency to save interest cost of around ₹1,200 crore, a senior government official said on Sunday.

Inflation to hit gross margin of FMCG cos

It by inflation, higher input costs and pricing measures, fast-moving consumer goods companies are expected to see a contraction in their gross margin and a modest-to-flat operating profit in the October-December quarter.

Central loans for state capex set to get easier

Govt may relax some of the reforms conditions to raise capex, growth