CATEGORIES

India Inc seeks cut in personal income tax rates

PRE-BUDGET MEETING

Gross NPAs of banks decline to 12-year low of 2.6%

The net NPA ratio or the proportion of net non-performing assets in net loans and advances was at around 0.6%

₹17,581 cr invested under PLI scheme for specialty steel till Oct, says Govt

Companies have invested Rs 17,581 crore under the production-linked incentive (PLI) scheme for specialty steel till October 2024, the government said on Monday.

Digi Yatra passengers' data not shared with I-T dept: Civil Aviation Ministry

The Civil Aviation Ministry on Monday said data of passengers who use Digi Yatra are not shared with the Indian tax authorities.

Prospects of economy likely to improve in 2025, says RBI Guv

He further said that despite the global uncertainties Indian economy is expected to pick up pace in the second half of the current fiscal

Sensex Decline 451 Points on Selling in RIL, HDFC Bank

As many as 2,636 stocks declined while 1,487 advanced and 144 remained unchanged on the BSE

Economy exhibiting resilience, GDP to grow at 6.6% in FY25: Reserve Bank report

Despite this recent deceleration, structural growth drivers remain intact. Real GDP growth is expected to recover in Q3 & Q4 of 2024-25

India's external debt rises to $711.8 billion at September-end

External debt to GDP ratio stood at 19.4% in Sept 2024 against 18.8% as of June 2024, the finance ministry data said

Air Kerala to start operations by June 2025

Kerala-based aviation firm received NOC from civil aviation ministry in July

AGEL CEO Amit Singh to step down, take charge of Int'l Energy Business

Adani Green Energy Ltd (AGEL) on Monday said its CEO Amit Singh will step down from his position and take charge as CEO of International Energy Business of the Adani Group from April 1, 2025.

Reliance seeks premium for oil from KG block

Reliance Industries Ltd is seeking a premium of at least $3.5 per barrel over an international benchmark for crude oil it produces for eastern offshore KG-D6 block, according to the tender the firm put out on Monday.

BII to make final tranche investment of Rs 650 cr in M&M's EV arm

Automaker Mahindra & Mahindra Ltd on Monday said British International Investment Plc will make a final tranche investment of Rs 650 crore, as against earlier planned investment of Rs 725 crore, in its electric vehicles arm.

Adani Group to exit FMCG JV Adani Wilmar in $2 billion deal

Adani Enterprises - which held 43.94% stake in Adani Wilmar, will sell 31.06% stake to Wilmar Int'l & about 13% will be sold in open market

Net claims of non-residents on India declined by $19.8 bn in Q2

Net claims of non-residents on India declined by $19.8 billion during the second quarter of the current financial year to $348.5 billion in September 2024, according to RBI data released on Monday.

Banks to offer beneficiary account name look-up facility by April 1

FUND TRANSFER THROUGH RTGS & NEFT

Donald Trump Pushes for Voting Changes

Republicans plan to move quickly in their effort to overhaul the US' voting procedures, seeing an opportunity with control of the White House and both chambers of Congress to push through long-sought changes that include voter ID and proof-of-citizenship requirements.

Iran confirms arresting Italian journalist Cecilia Sala

Tehran confirmed Monday that an Italian journalist has been arrested on charges of violating the laws of the Islamic Republic of Iran, state media reported.

S Korea to Inspect All Boeing Aircrafts

South Korean officials said Monday they will conduct safety inspections of all Boeing 737-800 aircraft operated by the country's airlines, as they struggle to determine what caused a plane crash that killed 179 people a day earlier.

London gears up to welcome New Year with its famous fireworks

London is a preferred destination for travellers who want to tune in to the melody of saxophones on the streets of Britain

Pak security forces killed 270 terrorists in restive Khyber Pakhtunkhwa in 2024

Security forces in Pakistan's restive Khyber Pakhtunkhwa province killed 270 terrorists in 2024, including high-profile militants with bounties on their heads, according to an official report released on Monday.

Appeals Court Upholds $5 Million Award in Sexual Abuse Verdict Against Trump

The court issued a written opinion upholding the award that the Manhattan jury granted to E. Jean Carroll

S Korean authorities seek warrant to detain impeached President Yoon

MARTIAL LAW PROBE

Biden Announces Nearly $2.5 Billion More in Military Aid for Ukraine

The new aid comes as Russia has launched a barrage of attacks against power facilities in Ukraine

Taliban Say They Will Close All NGOs Employing Afghan Women

The Taliban say they will close all national and foreign nongovernmental groups in Afghanistan employing women.

Ethiopia: 66 die after truck plunges into river

At least 66 people have died after a truck plunged into a river in southern Ethiopia, a hospital director said Monday.

India's Crypto Crossroads

Bitcoin's meteoric rise and India's leading crypto adoption highlight a clash between grassroots enthusiasm and regulatory uncertainty, shaping the nation's role in the evolving digital economy

Farewell to Stalwarts

The year 2024 will be remembered as a year of profound loss for India, as the nation bid farewell to an extraordinary generation of luminaries who enriched its cultural, political, and intellectual landscapes.

The Prometheus of Indian Cinema

Shyam Benegal not only created history with his direction but also how he produced his landmark feature Manthan on Gujarat's dairy cooperatives

One held from Bengal's Murshidabad over link with terror outfit

The West Bengal Special Task Force (STF) has arrested one person from Murshidabad district for alleged links to a terror outfit, a senior officer said on Monday.

Normal life hit across Punjab due to farmers' 9-hour bandh

RAIL AND BUS SERVICES AFFECTED