CATEGORIES

RBI: Ensure nominations in all bank accounts and lockers

THE RESERVE BANK (RBI) on Friday asked banks to ensure nominations in new and all existing customers' deposit accounts and safety lockers, highlighting that a large number of accounts do not have nominations.

Rajnath Calls for Stronger Offense and Defence

INDIA'S OFFENSIVE AND defensive responses need to be further strengthened in view of turmoil in the rules-based global order, defence minister Rajnath Singh has said.

Imran Khan gets 14-year jail term in graft case

A PAKISTANI COURT on Friday sentenced jailed former prime minister Imran Khan and his wife Bushra Bibi to 14 and seven years in prison respectively after finding them guilty of corruption in the 90 million pounds al-Qadir Trust case.

US Supreme Court Upholds Law That Would Ban TikTok

THE US SUPREME Court upheld on Friday a law banning TikTok in the United States on national security grounds if its Chinese parent company ByteDance does not sell the short-video app by Sunday, as the justices in a 9-0 decision declined to rescue a platform used by about half of all Americans.

Carmakers look beyond electric

SCHEDULED FOR LAUNCH in FY26, the eVitara promises a range exceeding 500 km with two battery pack options - 49 kWh and 61 kWh.

Sisodia flags shoes, saris by BJP's Verma, says EC turning blind eye

SENIOR AAP LEADER and former Delhi deputy chief minister Manish Sisodia has alleged that the Election Commission is turning a blind eye to poll code violations ahead of the Assembly elections in Delhi early next month.

‘EV industry needs better cost structure’

After being in a near-monopolistic position in the EV space for a few years, Tata Motors is set to face heavy competition in 2025 with rivals like Maruti Suzuki, Hyundai, M&M and JSW MG Motor gearing up with launches.

Hyundai Rolls Out Mass-Market EV

HYUNDAI MOTOR INDIA, the country's second-largest carmaker, launched the Creta Electric on Friday at the Bharat Mobility Show at introductory prices of ₹17.99 lakh, ex-showroom, for the 42 kWh battery variant.

Review portfolio at every major life event

Your investment style should evolve as your circumstances change

Crude import bill rises 4% in April-December

INDIA'S CRUDE IMPORT bill increased 3.7% during the first nine months of the current fiscal 2024-25 to $102.5 billion against $98.8 billion in the same period in FY24, data from the Petroleum Planning and Analysis Cell showed.

Axis Bank Stock Sinks 6% on Weak Q3 Show

Stocks hit 52-week low; brokerages slash price targets

BMW Launches India-made EV

INDIA'S SECOND-LARGEST LUXURY carmaker BMW launched the made-in-India X1 Long Wheelbase at the Auto Expo on Friday.

Medical device makers hail ban on refurbished imports

MEDICAL DEVICE MANUFACTURERS have welcomed the drug regulatory authority's decision not to allow refurbished medical devices to enter the country, in a move to curtail the influx of such unregulated products.

Will not attend Trump inaugural, says Nvidia CEO

NVIDIA'S CHIEF EXECUTIVE Jensen Huang said on Friday he will not be attending U.S. President-elect Donald Trump's inauguration, but will instead be \"on the road\" celebrating the Lunar New Year with employees and their families.

Jio Financial Q3 net profit remains flat at ₹295 crore

JIO FINANCIAL SERVICES on Friday reported a consolidated net profit of ₹295 crore for the quarter ended December 31, 2024, which was flat versus ₹294 crore posted in the year-ago period.

THULASIMATHI MURUGESAN'S PARENTS

wanted to raise their hands over their heads to clap when she received the Arjuna award from the President of India at the Rashtrapati Bhavan on Friday. But father Murugesan and mother Viji forgot the brief and shed tears of joy.

Bullet Train Ambitions

Plans for indigenous high-speed trains are laudable, but innovative financing models will be needed

China Logs 5% Growth in '24

CHINA'S ECONOMY GREW 5% last year, matching the government's target, but in a lopsided fashion, with many people complaining of worsening living standards as Beijing struggles to transfer its industrial and export gains to consumers.

Maruti enters e-mobility

MARUTI SUZUKI, THE country's largest carmaker, has finally entered the electric mobility space with the eVitara, which will be launched later this year in two battery pack options—49 kWh and 61 kWh.

Rupee depreciation hurting pharma sector as input costs rise

THE DEPRECIATING RUPEE is taking a toll on the pharma sector with an expected rise in the cost of imported raw materials.

Kejriwal opposes ED's request to adjourn plea against his bail

FORMER DELHI CHIEF minister and AAP convener Arvind Kejriwal on Friday \"vehemently\" opposed in the high court the ED's request to adjourn its plea on cancelling his bail in the Delhi excise policy case.

HSBC gets RBI nod to open 20 new branches

HSBC INDIA ON Friday said it has received approval from the Reserve Bank of India to open 20 new branches in key cities including Navi Mumbai, Lucknow, Mysuru, Nagpur and Nashik.

JSW looking at one more auto tie-up

More than a year after buying a stake in MG Motor India, JSW Group is keen to expand its presence and is ready to engage with another auto company for a tie-up.

Indian carmakers ready to take on Tesla: Jindal

However, the guidelines are still to be finalised and Tesla is also yet to respond in the affirmative.

Zomato invests ₹500 cr more in Blinkit for expansion

ZOMATO HAS INVESTED an additional ₹500 crore in its quick commerce arm Blinkit, according to regulatory filings with the Registrar of Companies (ROC).

Forex reserves fall to lowest in 10 months

INDIA'S FOREIGN EXCHANGE reserves extended their losing streak for a sixth straight week and stood at a 10-month low of $625.87 billion as of January 10, data from the Reserve Bank of India showed on Friday.

Sebi disposes of case against IIFL Securities

THE SECURITIES AND Exchange Board of India (Sebi) on Friday allowed eight former board members of Paytm's parent company One97 Communications to settle for non-disclosure of material information for ₹3.3 crore.

Foreign flows into India bonds to fall short on rupee slump, US yields surge

FOREIGN INFLOWS THAT were expected into Indian government bonds over the next two-and-a-half months will fall short of expectations, stymied by a currency that is repeatedly hitting lifetime lows and Treasury yields that are hovering at multi-month highs, investors said.

Quad meet with India on the table day after Trump takes office

● Secy of State nominee Rubio had faulted Obama govt for neglecting India-US ties

Europe, don't bow to Trump on tech

HE HASN'T TAKEN office yet, but the potent influence of President-elect Donald Trump may have already extended from Silicon Valley to Brussels.