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The power of nowcasting

KNOWING THE PRESENT MATTERS TO INVESTORS AND POLICYMAKERS, DIGITAL EXHAUST MAKES IT POSSIBLE THROUGH THE LOOKING GLASS

Both apps of ShareChat to turn profitable by Apr: CBO

ShareChat expects its apps, ShareChat and Moj, to turn profitable by April, company's chief business officer Gaurav Jain said.

Nate Anderson: The self-proclaimed messiah

The decision to disband now is curious. Anderson's reply, \"There is not one specific thing - no particular threat, no health issue, and no big personal issue.\"

Reliance Retail profit surges 10% in Q3 on festive rush

\"The retail business ably capitalized on the pick-up in consumption amid festive demand during the quarter,\" Mukesh Ambani, chairman, RIL said in a statement on Thursday.

Infosys adds 5,591 staff in Q3, to hire over 20,000 in FY26

BENGALURU-BASED INFOSYS added 5,591 to its headcount in the quarter ended December, taking the total headcount to 3,23,379.

India likely to maintain strong growth in 2025: WEF report

THE GLOBAL ECONOMIC outlook for 2025 remains \"subdued\", but India is likely to maintain a \"strong growth\", according to a World Economic Forum (WEF) report.

From mud to the mat

The Kho Kho Federation is sparing no effort to put the sport on the map

Govt to provide excellent support to startups: Goyal

COMMERCE AND INDUSTRY minister Piyush Goyal on Thursday assured 'excellent' support to startups and said domestic investors are now also recognising capabilities and the value proposition of investing in these enterprises.

Axis Bank's net profit rises 4% to ₹6,304 crore

AXIS BANK ON Thursday reported a smaller-than-expected rise in its quarterly profit as the loan growth slowed and it set aside more funds against potential bad loans.

Hindenburg downs shutters

Founded in 2017, Hindenburg Research, which said it specialises in forensic financial research, had made a series of allegations of stock manipulation and accounting frauds against Adani Group, just days ahead of a $2.5-billion share offering by Adani Enterprises.

iPhone Market Share in India Touches 10%

Apple breaks into India's top five smartphone brands

RBI Relaxes FEMA Regulations to Boost Cross-Border Trade

WITH AN AIM to encourage the use of the rupee and other currencies to settle cross-border transactions, the Reserve Bank of India (RBI) on Thursday further liberalised regulations under the Foreign Exchange Management Act (FEMA).

Barclays in the fray to take over Apple's credit card business

APPLE IS IN talks with Barclays to replace Goldman Sachs as the tech giant's credit card partner, said two sources familiar with the matter, as the Wall Street giant steps back from its consumer finance ambitions.

A first: Isro docks 2 satellites in space

IN A MAJOR boost to India's ambitious future space missions, ISRO on Thursday successfully performed the docking of satellites as part of the Space Docking Experiment (SpaDeX) and announced that post-docking, control of two satellites as a single object was also achieved.

Rural India Extends Lead in Internet Usage: Study

The gap between the number of internet users in rural and urban India has grown, with rural areas adopting the internet at a faster pace, according to a report by IAMAI and market research firm Kantar.

Next fundraise may trim govt holding to below 75%: BOM MD

BANK OF MAHARASHTRA (BoM) on Thursday said the next round of capital raise is expected to bring down the government holding in the lender to below 75%.

Over 80% firms seek wider PM internship scheme coverage

Empowering The Youth

BP to cut 5% of workforce

BP IS ELIMINATING 4,700 positions internally, about 5% of its workforce, and more than 3,000 contractor jobs, Chief Executive Officer Murray Auchincloss told staff on Thursday, as the London-based energy giant seeks to reduce costs.

BofA profit jumps on trading boost

BANK OF AMERICA'S profit beat expectations on Thursday as its traders benefited from a flurry of activity in the fourth quarter while the lender predicted it would earn more interest income in 2025.

NCLAT to decide on Meta plea next week

THE NATIONAL COMPANY Law Appellate Tribunal (NCLAT) has admitted Meta's plea challenging a ₹213.14 crore penalty imposed by the Competition Commission of India (CCI) for alleged abuse of market dominance.

UK economy grows by just 0.1% in Nov

BRITAIN'S ECONOMIC OUTPUT returned to growth in November, the first month after finance minister Rachel Reeves announced big tax increases for businesses, but the expansion was smaller than expected.

8th Pay Commission to be formed, 11.5 mn to benefit

PRIME MINISTER NARENDRA Modi on Thursday approved the setting up of the 8th Pay Commission to recommend the norms for pay and pension increments for 10 years beginning January 2026 for central government employees and pensioners, in a move that would cheer up over 11.5 million people.

Hydrocarbon sector seeks cut in cess & regulatory reforms

Run-up To The Budget 2025-26

Morgan Stanley profit more than doubles

MORGAN STANLEY'S PROFIT more than doubled in the fourth quarter, fuelled by a wave of deal-making and stock sales that drove its revenue to a full-year record.

Maruti Suzuki set to enter EV era with eVitara launch

India to become EV export hub for Suzuki, says Toshihiro

4 in 5 professionals looking for a new job in 2025: Study

OVER FOUR IN five (82%) professionals in India are gearing up for a job hunt this year, even as more than half (55%) report that finding a job became tougher in 2024, according to LinkedIn.

Spencer's Retail Forays Into Q-comm With Jiffy

• In Q3FY25, firm narrowed its net loss to ₹47.34 cr

Govt looking at impact of US curbs on AI chip export

THE GOVERNMENT IS evaluating the impact of the US proposal to cap exports of AI chips worldwide on India's plan to drive the adoption of artificial intelligence locally, a senior official said on Thursday.

LTIMindtree Q3 net profit falls 7.14% to ₹1,085 cr

IT SOLUTIONS PROVIDER LTIMindtree on Thursday reported a 7.14% decline in consolidated net profit to ₹1,085.4 crore in the December quarter of FY25.

Partners, not rivals, in delivery ecosystem

The synergistic relationship of GCCs and GSIs will continue to fuel India's technological prowess as it supports the front and back offices of companies