CATEGORIES

India's January Russian crude purchases surge despite sanctions

The toughest US sanctions on Russian crude oil supplies proved inadequate to stanch India's appetite for the discounted grades in January.

Sebi Proposes Unique UPI to Check Fraud

The Securities and Exchange Board of India (Sebi) on Friday proposed measures, including creating a unique Unified Payments Interface (UPI), to ensure that investors make transactions only with registered intermediaries through UPI and are safeguarded from fraudulent players.

Need for 'new strategic trade road map' with focus on quality

The Economic Survey 2025 on Friday called for a \"new strategic trade road map\" for India to boost exports, due to rising \"protectionism\" and heightened \"uncertainty\", amid a shift in global trade dynamics.

Independent agency mooted to assess financial regulations

The Economic Survey 2024-25 has suggested that financial sector regulators like the Reserve Bank of India (RBI), Securities and Exchange Board of India (Sebi) and Insurance Regulatory and Development Authority of India (Irdai) set up an independent Regulatory Impact Assessment (RIA) agency.

US probing use of restricted AI chips by China's DeepSeek

Lawmakers urge Trump to consider new curbs on Nvidia chips used by company

PPPs in infra projects need 'wholehearted acceptance'

The Economic Survey 2024-25 has called for the \"wholehearted acceptance\" of public-private partnerships (PPPs) in several infrastructure projects across the country.

It's time to adapt

Global temperature rise is here to stay.

Indices Rise on Budget Winds

Benchmark indices gained for a fourth consecutive day on Friday, rebounding nearly 3 per cent from their seven-month lows, buoyed up by optimism that the Union Budget 2025-26 (FY26) will include measures to spur economic growth.

Skilled labour, simplification of regulations to propel services

India's services sector has been the most consistent driver of gross value added (GVA) in the economy.

AI coupling with financial sector will foster innovation: SBI chief

The increasing integration of Artificial Intelligence and Gen AI with the financial sector has the potential to foster innovation and transform the banking sector in the coming years, SBI Chairman CS Setty said on Friday.

Credit growth moderates in personal loan segment: RBI

Bank credit to personal loan segment moderated to 14.9 per cent year-on-year in December, largely due to decline in growth in 'other personal loans', 'vehicle loans', and 'credit card outstanding', according to Reserve Bank of India (RBI) data released on Friday.

Rural demand rises, urban sends mixed signals

Private final consumption expenditure (PFCE) firmed up in the first half of FY25, growing by 6.7 per cent year-on-year (Y-o-Y) and indicators such as sales of two-wheelers, three-wheelers, and tractors signal rural demand contributed to growth in private consumption.

Tata Capital sets stage for IPO with AoA update

The board of Tata Capital, the flagship financial services arm of Tata Sons, has approved changes to its memorandum of association and adopted a new set of articles of association (AoA) to align with the provisions of the Companies Act, 2013.

Workers need cover from AI impact

Both govt, pvt companies should introduce Al over optimised period to minimise job loss

Feb likely to be hot, threatening wheat crop: IMD

After a warm January, the India Meteorological Department (IMD) on Friday predicted that February, too, is likely to be hot with both minimum and maximum temperatures projected at above normal over most parts of the country.

Lodha brothers agree to mediation

Abhishek and Abhinandan Lodha, the billionaire brothers, confirmed their willingness before the Bombay High Court to solve the trademark dispute through mediation.

May not need to move NCLT over MTNL loan account

Punjab National Bank (PNB) expects clarity on Mahanagar Telephone Nigam Limited (MTNL) loan account in the next two months, said Managing Director and Chief Executive Officer ASHOK CHANDRA in a video interview with Harsh Kumar. The state-owned lender on Friday reported a 102.8 per cent year-on-year increase in net profit at ₹4,508 crore for Q3FY25. Edited excerpts:

Samsung warns of slow AI chip sales, hurt by US restrictions on China

Samsung Electronics on Friday warned of sluggish sales of its artificial intelligence chips in this quarter due to US export restrictions to China, and as it worked towards launching an improved version of its high-end chips.

ONGC profit falls 19% over lower crude prices

State-run ONGC's consolidated net profit attributable to owners fell 19.4 per cent to ₹8,621.69 crore in the third quarter (October-December) of FY25, down from ₹10,703.13 crore in the same quarter of the previous year, due to lower global crude prices.

It's time to tackle misleading nutrition claims

SETTING NEW STANDARDS

Survey outlines reforms agenda for 'Viksit Bharat'

Butterfly and Dragon becomes the talking points in the Economic Survey 2024-25.

PM: Prayed to Goddess Lakshmi to bless poor

Prime Minister (PM) Narendra Modi invoked Goddess Lakshmi in his address to the media on the first day of the Budget Session on Friday, saying that he prayed and asked her to bless the poor and the middle class.

Test

Test

Robust exports drive Bajaj Auto PAT up 8%

Outbound shipments hit 500K units after 9 qtrs; Chetak margins improve

Hyundai India profit slips 19%

India's second-largest carmaker, Hyundai Motor India (HMIL), posted a 19 per cent decline in consolidated net profit for the October-December quarter (Q3) of 2024-25 (FY25), at ₹1,161 crore, compared to ₹1,425 crore during the same period in 2023-24 (FY24).

Bajaj Finance a hot pick after strong Q3 showing

Stock reclaims Mt 8K intraday after 15 mths

Samara-backed SMT, More Retail gear up for listing

Sahajanand Medical Technologies (SMT), an Indian cardiovascular device maker backed by private equity firm Samara Capital, is preparing for an initial public offering (IPO) worth around ₹1,500 crore, said two top executives of Samara.

Maha Kumbh stampede: Crowd management efforts ramped up

Millions of devotees flocked to the Triveni Sangam and other ghats at the Maha Kumbh to take a dip on Thursday with the Uttar Pradesh government ramping up efforts to ensure crowd management and safety of people a day after the stampede tragedy.

May Consider Applying for Universal Bank Licence in Two Years

India's first small finance bank (SFB) is aiming to apply for the universal bank licence in the next two years. In a virtual interview, Capital Small Finance Bank Managing Director and Chief Executive Officer SARVJIT SINGH SAMRA tells Harsh Kumar that the SFB will continue to expand its presence beyond the northern part of India in the upcoming financial year. Edited excerpts:

Benchmarks extend gains for third day

Extending the winning run to the third day, benchmark indices Sensex and Nifty closed higher on Thursday on buying in heavyweight stocks Reliance Industries, Bharti Airtel, and HDFC Bank.