CATEGORIES

Dollar Gains, Stocks Climb as Global Markets Turn Jittery

The dollar rallied on Tuesday and stocks rose as Donald Trump's return to the White House brought mixed messaging on tariffs and highlighted markets' nervousness about the trade policy.

PLI release for 6 sectors at ₹1,596 cr in H1FY25

THE GOVERNMENT HAS disbursed ₹1,596 crore under the production-linked incentive (PLI) scheme for six sectors, including electronics and pharmaceuticals, in the first half of this financial year, a senior official said on Tuesday.

Renewables' share to remain stable at 21% in FY25: Ind-Ra

THE SHARE OF renewables, including large hydro in the country's overall energy mix, is expected to remain stable at nearly 21% in FY25, India Ratings and Research (Ind-Ra) said on Tuesday.

Tech sector's talent model seen evolving: Infosys CTO

INFOSYS EXPECTS THE way the tech industry manages talent to shift and has already begun experimenting with how this transformation will occur, its chief technology officer Rafee Tarafdar said in an interview.

InMobi to raise $400 mn, targets $8 bn valuation

● New and existing investors to join

Jio Fin, BlackRock Infuse ₹117 Cr in MF Business

JIO FINANCIAL SERVICES (JFSL) on Tuesday said the company and its joint venture partner US-based BlackRock have infused ₹117 crore in the mutual fund company.

Major Lenders to Urge RBI to Delay April Liquidity Rule

Some of large lenders are planning to request concessions from the new head of the Reserve Bank of India (RBI) regarding proposed liquidity regulations, arguing the rules could hamper efforts to boost lending, according to people familiar with the developments.

At ₹2.24 lakh crore, Rajasthan leads Q3 energy investments

Maharashtra, which topped the rankings in Q2, has slipped to second position now

Exporters Can Import Small Diamonds Sans Duty From Apr 1

THE GOVERNMENT ON Tuesday announced a scheme that will allow duty-free import of natural cut and polished diamonds of up to 25 cents or quarter of a carat by exporters to retain India's position as a global leader in the entire diamond value chain, according to a statement.

Making of a showstopper

● What Coldplay can teach brands about marketing

Asset Monetisation Scheme 2.0 with ₹2L-cr Annual Target Likely

WITH THE CURRENT National Monetisation Pipeline (NMP) programme set to end in March this year, the Centre may announce its next phase with an annual asset monetisation target of ₹2 lakh crore for the next four-to-five years to mobilise capital for investments and reinvestments.

Brokerages positive on Paytm; shares fall

MAJOR BROKERAGES REMAIN positive on Paytm as the fintech managed to narrow its third quarter net loss, with the company continuing to witness an improvement in business metrics.

India's IT spending to rise by 11%: Gartner

WORLDWIDE IT SPENDING is projected to reach $5.61 trillion in 2025, reflecting a 9.8% increase from 2024, according to Gartner's latest forecast.

ICICI Prudential Life profit jumps 44%

ICICI PRUDENTIAL LIFE Insurance on Tuesday reported a 44% year-on-year increase in standalone net profit at ₹326 crore for Q3FY25.

Analysts remain bullish on Zomato despite share dip

Expect sustainable growth profitability in the coming years

Kia India seeks additional time for PLI compliance

KIA INDIA, a participant in the ₹25,938 crore production-linked incentive scheme for the automobile and auto components (PLI-Auto), has reached out to the ministry of heavy industries (MHI) to affirm its commitment to the scheme.

India wary as Trump pulls US out of Pillar 2 tax deal

PRESIDENT DONALD TRUMP, through an executive order, declared on Tuesday that the 15% minimum global corporate tax deal has \"no force or effect\" in the US, effectively pulling the country out of the 2021 pact signed by around 140 countries.

OpenAI CFO: Musk shouldn't use legal challenges to compete

OPENAI CHIEF FINANCIAL Officer (CFO) Sarah Friar characterized Elon Musk's legal challenge to stop the ChatGPT maker from becoming a for-profit company as competitive maneuvering.

At ₹25,000-cr, Adani Energy bags its largest ever project

ADANI ENERGY SOLUTIONS (AESL), the transmission and distribution arm of the Adani Group, announced on Tuesday that it has secured the ₹25,000 crore Bhadla (Rajasthan)-Fatehpur (Uttar Pradesh) HVDC (high voltage direct current) project.

Consumer firms pitch for steps to shore up demand

COMPANIES IN THE fast-moving consumer goods (FMCG) and retail sectors are urging the Centre to stimulate consumption through tax slab revisions and demand-boosting measures in the FY26 Budget.

Rate-cut cycle unlikely to begin soon unless liquidity improves

The sluggish deposit growth poses a risk to achieving higher economic growth, says Rajiv Anand, deputy managing director, Axis Bank. In an interview with Sachin Kumar, Anand speaks of the challenges facing the banking sector, including declining credit growth, stress in unsecured loans and tight liquidity. Excerpts:

Indian student enrolments in US to grow

Experts see a 20% increase despite Trump comeback

RG Kar case 'not rarest of rare'; life term for convict

A court in Kolkata's Sealdah on Monday sentenced Sanjoy Roy to life imprisonment \"until his last breath\" for the rape and murder of a junior doctor at the state-run RG Kar College and Hospital.

Infy: Improvement in discretionary demand

● Expects strong revenue growth of 5-7.9% in FY26

Sensex adds 454 pts, Nifty ends near 23,350; banks, metals, financials lead

BENCHMARK SENSEX SPURTED by 454 points and Nifty closed above 23,300 on Monday following gains in banking, financial and power stocks amid firm global trends.

Trump 2.0

India has to play its strategic cards well as campaign rhetoric often differs from governing realities

Q-comm boom leaves brands in queues

This has made their evaluation and onboarding processes more stringent.

Central Bank of India profit jumps 33%

CENTRAL BANK OF India on Monday reported a 33% year-on-year rise in its net profit to ₹959 crore for the quarter ended December.

Bachchan's ₹83-crore deal: Mumbai property market sizzles again

Stars Heating Up City Realty

Nazara raises ₹495 cr from existing investors

GAMING AND ESPORTS company Nazara Technologies raised ₹495 crore through a preferential share issue to Axana Estates.