CATEGORIES

Can Trump save dollar hegemony?

IF TRUMP WERE TO RETALIATE AGAINST THE BRICS WITH 100% TARIFFS, THE MOVE COULD BACKFIRE

Nike's half measures need another shoe to drop

THE FIRST SHOE has dropped at Nike. On Thursday, new chief executive officer Elliott Hill set out his vision for turning around the world's biggest sportswear company, which has lost out to rivals after it prioritised selling through its own stores and website, and didn't deliver enough new products, relying instead on classic styles.

A framework for fair interest rates

There is a keen interest and hope that the RBI would lead with a structured framework that removes second-guessing what's fair in loan pricing

Reforming agri marketing

Need for a GST-like body of state ministers to build consensus on a unified national market

Tesla recalls nearly 700,000 cars in US over tyre pressure issue

TESLA SAID ON Friday it was recalling 694,304 vehicles in the United States over an issue with the tyre pressure monitoring system (TPMS).

Honda talks indicate Nissan in panic mode: Ghosn

NISSAN MOTOR PURSUING a deal with Honda Motor indicates the former is in \"panic mode,\" according to Carlos Ghosn, the ex-chairman of the struggling Japanese automaker.

Southeast Asia has $60-bn AI boom but startups are missing

SOUTHEAST ASIA is fast emerging as an investment hot spot for AI leaders like Nvidia Corp. and Microsoft Corp., which are plowing money into cloud services and data centers.

Foxconn's interest in Nissan on hold

HON HAI PRECISION Industry, the Taiwan-based manufacturer of iPhones known as Foxconn, is putting its interest in pursuing Nissan Motor on hold while the Japanese automaker is in negotiations for a potential merger with Honda Motor Co., according to a person familiar with the matter.

Volkswagen nears deal with labour leaders

VOLKSWAGEN NEARED A deal with labour leaders in the company's longest negotiations over pay and jobs, sources said on Friday, but the final outcome was still uncertain as Europe's largest car-maker tries to push through cuts and avert mass strikes.

Trump wants EU to purchase more US oil, gas or face tariffs

Bloc buying the lion's share of US oil and gas exports

Prez-elect's spending deal fails in House

A SPENDING BILL backed by Donald Trump failed in the US House of Representatives on Thursday as dozens of Republicans defied the president-elect, leaving Congress with no clear plan to avert a fast-approaching government shutdown that could disrupt Christmas travel.

RBI latest VRR auction gets robust response

THE RESERVE BANK of India's (RBI) seven-day variable rate repo auction (VRR) for ₹1.50 lakh crore has received bids worth ₹2.01 lakh on Friday, indicating a strong demand for funds from banks amid huge liquidity deficit, said interbank call money traders.

Central bank steps in to stem Re slide

THE RUPEE RECOVERED from its all-time low against the dollar and appreciated 5 paise to close at ₹85.03 on Friday.

Sebi introduces uniform data sharing policy for research

THE SECURITIES AND Exchange Board of India (Sebi) on Friday directed market infrastructure institutions (MIIs) to adopt a uniform policy for sharing data for research publications.

Forex reserves dip to nearly six-month low of $652.87 bn

INDIA'S FOREX RESERVES dropped by $1.988 billion to an almost six-month low of $652.869 billion for the week ended December 13, the RBI said on Friday.

Das pitched for inflation-growth balance at his final MPC meet

THE PRIORITY OF monetary policy should be on restoring the inflation-growth balance and aligning inflation to the apex bank's target of 4%, said Shaktikanta Das, former governor, Reserve Bank of India (RBI), according to the minutes of his last monetary policy committee (MPC) meeting, released on Friday.

Sensex tanks over 1K points, Nifty slips below 23,600

Sensex and Nifty plunged about 1.5% on Friday, taking their downtrend to the fifth straight session, due to risk aversion in the global markets after the hawkish stance of the US Federal Reserve.

SpiceJet's 3 grounded planes to fly again by April

DOMESTIC CARRIER SpiceJet on Friday said it is expecting three of its Boeing 737 MAX aircraft to become operationalised by April next year.

HC clears path for Adani to redevelop Dharavi

THE BOMBAY HIGH Court on Friday cleared the decks for redevelopment of Dharavi slums as it upheld the tender awarded to the Adani Group for the project by the Maharashtra government, ruling there was no \"arbitrariness, unreasonableness or perversity\" in the decision.

CCI approves UltraTech-India Cements deal

THE COMPETITION COMMISSION of India (CCI) on Friday cleared over ₹7,000-crore deal, wherein Kumar Mangalam Birla-promoted UltraTech Cement will acquire a majority stake in India Cements.

BPCL buys first crude oil cargo from Argentina for Feb delivery

BHARAT PETROLEUM HAS bought its first crude oil cargo from Argentina, two trade sources said on Friday, part of the company's effort to diversify the grades processed at its refineries.

Local players may miss out on smartphone PLI

DOMESTIC PLAYERS, APART from Dixon Technologies, are on course to miss out on the benefits of the government's smartphone production-linked incentive (PLI) scheme, which concludes in FY26.

Accenture's Q1 earnings give IT companies a byte of hope 1T

Nasdaq-listed IT services major raises FY25 revenue growth forecast to 4-7%

Bajaj unveils e-Chetak variants, prices start at ₹1.2L

Will compete with Ola S1 Pro, Ather Rizta and TVS iQube

Zoomcar takes on Uber, Ola with new cab-hailing service

NASDAQ-LISTED CAR-sharing platform Zoomcar has entered the competitive cab-hailing market in Bengaluru with the launch of Zoomcar Cabs, a move seen to challenge industry majors like Uber, Ola, and newer players like Namma Yatri and Shoffr.

Delivery booster: Q-comm firms add medicines to cart

Medinos, Medstown lead charge in quick delivery revolution

Centre hikes copra MSP by up to ₹420 to ₹12,100 a quintal

THE GOVERNMENT ON Friday announced an increase in the minimum support price (MSP) for copra by up to ₹420 to ₹12,100 per quintal for 2025 with a budget outlay of ₹855 crore.

PNB officers federation alleges discrimination

AIPNBOF has called two-day strike on Dec 26 and 27 on various issues, including implementation of a 5-day work week for bank employees

Coal sector plays major role to country's growth

UNION MINISTER G Kishan Reddy has stressed on the key role of the coal sector in the country's journey towards energy security and economic growth.

Probe into duty on steel items begins

The DGTR has given 15 days to exporters, importers and users in India to file their response for the investigation