CATEGORIES

Under new Governor, RBI to cut interest rates in Feb: Analysts

The appointment of Sanjay Malhotra as the new RBI Governor \"cements\" the possibility of a rate cut at the next policy review in February, analysts said on Tuesday.

SEBI EXPANDS OPTIONAL T+0 SETTLEMENT TO TOP 500 STOCKS

Markets regulator Sebi on Tuesday expanded the optional T+0 (same day) settlement in the equity cash market to the top 500 scrips by market capitalisation.

Reliance Power forms new arm for RE biz

Anil Ambani's Reliance Power Ltd has set up a new renewable energy subsidiary, Reliance NU Energies Pvt Ltd, and has made top leadership appointments - Mayank Bansal as Chief Executive Officer (CEO) and Rakesh Swaroop as Chief Operating Officer (COO).

Shriram Pistons & Rings to acquire TGPEL Precision Engg in ₹220-cr deal

Auto parts maker Shriram Pistons & Rings Ltd (SPRL) on Tuesday announced plans to acquire a 100 per cent stake in TGPEL Precision Engineering at an enterprise value of Rs 220 crore on a debt-free cash-free basis.

GROWTH SLOWDOWN DUE TO MULTIPLE FACTORS, NOT JUST REPO RATE, SAYS DAS

The growth slowdown is due to a multiplicity of factors, and not due to the Reserve Bank's repo rate, outgoing Governor Shaktikanta Das said on Tuesday.

Adani Green fastest wealth creator: MOFSL

\"₹10 lakh invested in 2019 in the top '10 Fastest Wealth Creators' would be worth ₹1.75 cr in 2024, a return CAGR of 77%\"

India to be key market for global oil & gas as China slows: Report

India is expected to be the key destination for global oil and gas products as the country adds refinery, petrochem, LNG regasification and pipeline capacity while the Chinese economy slows, according to an HSBC report released on Tuesday.

IPL, World Cup, elections top Google India searches in 2024

A Google blog released on Tuesday revealed that sports and politics dominated search queries in 2024, with the IPL, World Cup, and election results featuring prominently in the trending topics.

Amazon pledges enabling $80 bn exports from India by 2030; partners DPIIT

E-commerce giant Amazon on Tuesday announced its commitment to enable USD 80 billion in cumulative exports from India by 2030 and said it has partnered with DPIIT to establish India as a global manufacturing hub.

India against China-led investment facilitation proposal at WTO: Official

India is against the move led by countries such as China to push a proposal on investment facilitation at the WTO, a senior government official said on Tuesday.

Ransomware attack targets data centre that services 16 stock brokers

Big brokerage houses such as IIFL Securities, 5 Paisa and Axis Securities have come under a ransomware attack that targeted Comtel, a data centre.

PM Vishwakarma scheme: 2.02 lakh accounts opened

Banks have sanctioned Rs 1,751 crore loans under PM Vishwakarma scheme as of October 31, Minister of State for Finance Pankaj Chaudhary said on Tuesday.

Ajay Seth given additional charge of Revenue Secy

Economic Affairs Secretary Ajay Seth was on Tuesday given the additional charge of the Revenue department with immediate effect, a government order said.

Govt announces ALMM for solar PV cells

The government on Tuesday announced an Approved List of Models and Manufacturers (ALMM) for solar cells on the lines of module manufacturing to boost India's transition towards green energy.

11.30 cr inoperative Jan Dhan a/cs have ₹14,750 cr balance

A total of 54.03 crore accounts have been opened under Pradhan Mantri Jan Dhan Yojana (PMJDY), of which 11.30 crore accounts are inoperative, Parliament was informed on Tuesday.

Gilts end off highs as US yields up; traders renew Feb rate cut bets

Prices of government bonds ended off highs on Tuesday as traders sold bonds at a profit tracking an intraday rise in US Treasury yields, dealers said.

India to continue resilient growth in 2025: S&P

S&P Global Ratings on Tuesday said the Indian economy is set for \"resilient growth\" in 2025 and projected inflation pressure to recede, which will lead to \"modest\" easing of the monetary policy by the RBI.

Govt says divestment process of seven PSUs, IDBI Bank currently underway

The finance ministry is currently working on the divestment of IDBI Bank and seven public sector companies, Minister of State for Finance Pankaj Chaudhary said on Tuesday.

Sensex, Nifty close flat

Benchmark indices Sensex and Nifty closed flat in a volatile trade on Tuesday amid bouts of buying and selling in select heavyweight stocks.

DGTR initiated 43 anti-dumping investigations in 2024 so far

The Directorate General of Trade Remedies (DGTR), under the commerce ministry, has initiated as many as 43 anti-dumping investigations in 2024 so far on different products, Parliament was informed on Tuesday.

Equity MFs inflow drops 14% to ₹35,943 crore in November

Systematic Investment Plan figure remains flat at ₹25,320-cr

Gross NPAs Of PSBs at ₹3.16 lakh cr, Over 3% Of Outstanding loans

The gross non-performing assets of public sector banks (PSBs) stood at Rs 3.16 lakh crore as of September 30, which is 3.09 per cent of the outstanding loans, Parliament was informed on Tuesday.

India leads hiring outlook globally in Q1 2025: Report

Employers in India foresee a robust employment outlook in Q1 2025, according to a report on Tuesday.

Ecomm cos must ensure transparency, trust: Joshi

E-tailing firms must uphold consumer interest, says Minister

Sarpanch murdered in Kej

Six people allegedly abducted and then killed him

Girl alleges confinement for 4 days

An 18-year-old girl has alleged that she was confined by her friend for four days in a house in the Azad Chowk area.

Probe demanded into onion procurement

Swabhimani Farmers Association has called for an investigation by the CVC into the alleged irregularities

Dilip Gawde stresses contributing to the Army

Divisional Commissioner Dilip Gawade called upon citizens to contribute generously to the Armed Forces Flag Day fund, emphasizing the nation's debt to soldiers who protect the borders and make the ultimate sacrifice for freedom.

Siddheshwar water reaches Hingoli farms

The Siddheshwar reservoir in Aundha Nagnath Taluka, Hingoli district, began releasing water through the Purna canal for the Rabi season on Nov 26, following delays due to the model code of conduct for the assembly elections.

Rise in chain-snatching cases

In the past eight days, Nashik has witnessed a surge in chain-snatching incidents, sparking criticism of the police's effectiveness.