CATEGORIES

25% Attrition in Pvt Banks Risks Operations: RBI Report

Employee attrition in private sector banks has witnessed an increase to about 25% and this high turnover rate poses significant operational risk, according to the latest report on Trend and Progress of Banking in India 2023-24.

Plans to boost railway receipts likely in FY26

● Vande Bharat sleeper trains, revival of PPP on the cards

FTA helps expand trade basket with Australia

THE ECONOMIC COOPERATION and Trade Agreement (ECTA) with Australia has opened up new export sectors for India, including gold studded with diamonds and turbojets, while also ensuring access to key raw materials for the domestic industry, the ministry of commerce and industry said.

Anti-dumping duty on PVC Resin Paste from China, five others

INDIA'S DIRECTORATE GENERAL of trade remedies (DGTR) has proposed imposing anti-dumping duties of up to $707 per metric tonne on imports of Poly Vinyl Chloride (PVC) Resin Paste from China and five other countries: Korea, Malaysia, Taiwan, Thailand, and Norway.

CII seeks consumption boost in FY26 Budget

THE CONFEDERATION OF Indian Industry (CII) has urged the government to announce some specific policies in the upcoming Union Budget, which are aimed at boosting consumption in the economy.

Food subsidy likely to surpass BE by ₹20K cr

● FY26 outlay to be higher than likely RE of ₹2.25 lakh cr for FY25

PM Surya Ghar subsidy disbursal at 58% till Oct

Even as the government is focusing ramping up installations under the newly launched PM Surya Ghar Muft Bijli Yojana, delays in subsidy disbursal have raised concerns.

Hallucinatory AI May Not Necessarily Be a Bad Thing

The smart machines, it turns out, are dreaming up riots of unrealities that help scientists track cancer, design drugs, and even win the Nobel Prize.

Putin Apologizes for 'Tragic' Azerbaijani Airplane Crash

But stops short of admitting airliner was shot down

Genome reveals how a small group burst out of Africa

DNA from European fossils dating back 45,000 years offers new clues to how our species spread across the world

Across the Aisle

Commentators described the BJP-led government as a 'minority' government that will force Mr Modi to be more circumspect and restrained. I did not share that view. They thought that Mr Modi will be more deferent to Parliament, but that too was belied by the Winter session. Apparently, on Mr Modi's instructions, the ministers and MPs carried on in the usual aggressive way, showed scant respect to Parliamentary rules and conventions, and rode roughshod over the Opposition

Defiant push to change Constitution

Support of two-thirds of the members present and voting required to pass a Constitution Amendment Bill.

What does the future hold for out-of-form India captain Rohit Sharma?

Rohit has had one 50-plus score in his last 14 visits to the crease, and his last Test hundred came in March in the home series against England, a high point for him as a batsman and skipper. The last home summer was a forgettable one and he has not reached double figures in his four innings in Australia since joining the team after the birth of his second child.

Biotech Advancements

Recent breakthroughs in the field of biotechnology are expected to provide solutions for dominant problems in 2025.

Adani Green Forms New Subsidiary for Renewables

ADANI GREEN ENERGY on Saturday incorporated a new wholly owned subsidiary, Adani Green Energy Sixty Eight Limited.

Scindia Meets FM to Discuss India Post's Profitability Path

COMMUNICATIONS MINISTER JYOTIRADITYA Scindia has met finance minister Nirmala Sitharaman to discuss India Post's path to profitability, an official release said on Saturday.

Zydus Wellness arm gets ₹56.33-cr GST demand

ZYDUS WELLNESS ON Saturday said its wholly-owned arm has received a GST demand of ₹56.33 crore, along with applicable interest and penalty from the tax authority.

Tax Officials Initiate Inspection of M&M Records in Chennai

MAHINDRA & MAHINDRA on Saturday said state tax authorities in Tamil Nadu initiated an inspection of records at one of the places of its business operations in Chennai.

Several Union Ministers, CMs to Join World Leaders in Davos for WEF Meet

UNION MINISTERS ASHWINI Vaishnaw, CR Patil, Chirag Paswan, K Ram Mohan Naidu and Jayant Chaudhary, alongside three chief ministers Devendra Fadnavis, Chandrababu Naidu and Revant Reddy, will join hundreds of government and business leaders from across the globe in Swiss ski resort town Davos next month for the World Economic Forum Annual Meeting 2025.

Reliance buys Karkinos Healthcare for ₹375 cr

BILLIONAIRE MUKESH AMBANI'S Reliance Industries has acquired technology-driven and oncology-focused healthcare platform Karkinos for ₹375 crore, the firm said on Saturday.

Punjab Farmers Call for Kisan Mahapanchayat on January 4

FARMERS, on a warpath against the Centre, on Saturday called for a \"Kisan Mahapanchayat\" at the Khanauri protest site on January 4.

Heavy snowfall throws life out of gear in J&K

Cold wave grips entire north India

Retail investors pump in ₹1.5 L cr into cash market

IN LINE WITH domestic institutional investors, retail investors also pumped in a record ₹1.55 lakh crore into the cash market during January-November, as per NSE data.

Relief for Vi; DoT waives bank guarantee

VODAFONE IDEA has been granted waiver of bank guarantee for spectrum auctions held in 2012, 2014, 2016, and 2021, the telco informed the exchanges on Saturday.

South steals the spotlight

Hits from Hindi film industry in post-Covid era have been fewer and far between

Smart Cities Mission: School enrolment up 22%

STEPS TAKEN UNDER the Smart Cities Mission have led to a 22% increase in school enrolment in 19 cities and improved real-time tracking of criminal activities, according to two studies by the Indian Institute of Management, Bangalore.

Does India Want BGT Win or Rohit Back in Form?

In case openers KL Rahul or Yashasvi Jaiswal had been struggling, Rohit's elevation would have made sense. But with his form, the change of batting order wasn't really warranted

UltraTech to buy stake in Star Cement

UltraTech Cement is acquiring a non-controlling minority stake in Star Cement, purchasing up to 37 million equity shares at a price not exceeding ₹235 per share.

Byju Raveendran: From boom to bust

BY EARLY 2024, these issues culminated in severe consequences.

Oil rises 1%, heads for weekly gain

OIL ROSE ABOUT 1% on Friday and was set for a weekly gain in low trading volume ahead of year-end, backed by expectations of lower US crude stockpiles and hopes of a stimulus-driven economic recovery in China.