CATEGORIES

DMart Q3 revenue rises 17.5% to ₹15,565 crore

AVENUE SUPERMARTS, OWNER of retail chain DMart, on Thursday reported a 17.5% rise in its standalone revenue at ₹15,565.23 crore in the quarter that ended on December 31.

RIL to build AI infra hub in 24 months, says Akash Ambani

RELIANCE INDUSTRIES WILL build AI infrastructure in Jamnagar within a record 24 months, making the city the global leader in this domain, said Akash Ambani, director at RIL, at an event commemorating the 25th anniversary of the company's Jamnagar Refinery.

Indian Airlines Score Low on Punctuality

Flight delays in India rise by 27%, affecting 2.39 mn passengers

2w sales skid 9%, lowest in over a year

DESPATCHES OF MOTORCYCLES and scooters of five of India's top six manufacturers to dealers fell 9% year-on-year during December as destocking efforts and lower retail demand took a toll on despatches.

Looking forward with hope to achieve growth at scale: Mahindra CEO

MAHINDRA GROUP is looking forward to the new year with hope and confidence, driven by its aspiration to achieve growth at scale, according to its CEO & managing director Anish Shah.

upGrad bets on ‘top-up/tank-up’ strategy

EDTECH FIRM UPGRAD will focus more on high margin businesses like upskilling courses rather than formal education formats in order to drive profitability as it prepares for an initial public offering seven to nine quarters down the line, majority shareholder Ronnie Screwvala told FE.

DoT Likely to Shelve BSNL's VRS Proposal Amid Union Protests

AFTER UPROAR FROM the employees' unions, the department of telecommunications (DoT) has likely put the second voluntary retirement scheme (VRS) proposal for BSNL on hold, officials said.

ONDC Onboards Over 700k Sellers, Service Providers

More than 700,000 sellers and service providers have been included on the Open Network for Digital Commerce (ONDC) so far, the government said on Thursday.

Fasting farmer leader Jagjit Singh Dallewal SC hauls up Punjab over protest fast of farmer leader

THE SUPREME COURT on Thursday slammed the Punjab government over the hunger strike by farmer leader Jagjit Singh Dallewal, saying the state's attitude appeared to be against reconciliation and its officials were spreading the wrong impression that the court was trying to persuade Dallewal to break his fast.

Low rainfall in Jan-March may hit rabi crop yield

IMD PREDICTS ABOVE-NORMAL TEMPERATURE IN NORTH INDIA TOO

Banks urge RBI to ease cash crunch with FX swaps

SOME BIG LENDERS in India have asked the central bank to inject liquidity using foreign-exchange swaps as short-term currency financing costs surged to a four-year high, according to people familiar with the matter.

Iran minister in Delhi for talks to boost ties

DAYS BEFORE DONALD Trump returns to the Oval Office, Majid Takht-Ravanchi, Iran's Deputy Foreign Minister, has reached New Delhi for talks Friday with External Affairs Minister S Jaishankar and Foreign Secretary Vikram Misri.

Centre to get first chance to restore J&K statehood: CM

In his first media interaction here on Thursday, two-and-a-half months after taking over as Jammu and Kashmir chief minister, Omar Abdullah stressed on restoration of statehood to J&K but added that his government was willing to wait for the Centre to do so rather than taking recourse to courts.

Employment up 36% between FY15, FY24

EMPLOYMENT IN THE country has increased by 36% to 643.3 million in 2023-24 from 471.5 million in 2014-15,

Goyal to Meet EV Industry Representatives

Representatives of electric vehicle manufacturers will meet commerce and industry minister Piyush Goyal on Friday to discuss issues related to the expansion of manufacturing and the adoption and building of support infrastructure, including charging and battery swapping facilities.

Panel to suggest road map for Producer Price Index

To revise WPI base year as well; Niti Aayog member Ramesh Chand will lead committee

NSO to compile district-level estimates

STARTING THIS MONTH, the statistics ministry will conduct new survey rounds which will contain district-level estimates, in addition to the existing national- and state-level data, according to an official release.

India to add 30 GW RE capacity in FY25-26

INDIA IS LIKELY to add 30 gigawatt (GW) of renewable energy capacity over FY25-26, backed by continued policy support, availability of liquidity and established growth plans of some large corporate players, reduced equipment prices, and waiver of interstate transmission system charges, analysts say.

Budget wish list: Lower tax on FD interest & fund for NBFCs

AHEAD OF THE Budget for 2025-26, representatives of the financial sector and capital markets on Thursday sought a lowering of tax on interest income from fixed deposits to align with capital gains tax on equities, a dedicated refinancing window for non-banking financial companies (NBFCs), and incentives for long-term savings.

Dec Manufacturing PMI Slips to 56.4, Weakest in 2024

EXPANSION IN MANUFACTURING activity in the country slowed in December, amid softer demand conditions and price pressures.

Agritech to create 80K jobs in 5 yrs: Teamlease

THE AGRI-TECH SECTOR is expected to create 60,000-80,000 new employment opportunities over the next five years, a senior executive of TeamLease Services said.

Regulation, deals, crypto: Fintech themes for 2025

INDUSTRY INSIDERS OPTIMISTIC THAT THE TIDE WILL TURN

Bhopal gas tragedy: 40 yrs later, toxic waste leaves Union Carbide factory

FORTY YEARS AFTER the Bhopal gas tragedy, the shifting of some 377 tonne of hazardous waste began from the defunct Union Carbide factory on Wednesday night for its disposal, an official said.

From evolution to digital revolution

THE EYE GAVE Charles Darwin \"a cold shudder\". Writing in The Origin of Species, he struggled to explain how natural selection could create something so intricate.

Data protection rules get home ministry's nod

Data protection rules, including provisions for minors and exemptions, have been approved by the home ministry. A Data Protection Board will address disputes, and penalties for breaches could reach ₹250 crore.

Dec GST mop-up at ₹1.77 lakh cr

MS MANI, PARTNER, Deloitte India said the significant increase in both domestic and export refunds indicates that the overall refund framework is now stable and its implementation on a sound footing.

Boost quality control, fix fair pricing: Shah to NCOL

Cooperation Minister Amit Shah on Wednesday directed National Cooperative Organic Ltd (NCOL) to strengthen quality control and establish fair pricing for its \"Bharat Organics\" brand as the government seeks to expand organic farming nationwide.

Large quantum computers a reality in the near future

The Willow Computing chip marks a significant milestone in quantum computing, paving the way for large-scale, stable, and error-corrected quantum systems.

An inspiration for India's Quantum Mission

The success of Google’s quantum computing initiative is a significant development for India’s quantum computing mission. This success demonstrates the feasibility and immense potential of quantum computing and will serve as a strong motivator to bolster the ecosystem. India must accelerate its efforts in this field.

AI, Convergence, and Beyond

Firms poised to scale up AI deployments into full production