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'Skilled jobs can power urban development'

Panellists discussed how cities can boost employability and create enablers for migrant workers to remain invested at the Lucknow edition of IE Thinc: CITIES series, presented by The Indian Express with Omidyar Network India. The session was moderated by Udit Misra, Associate Editor

World Looks at India for Youth Power: PM on Veer Bal Diwas

HIGHLIGHTING HOW YOUTH energy has played a significant role in the country's progress, Prime Minister Narendra Modi said on Thursday that the world looks at India with hope and expectation because of its youth power, which is driving new revolutions.

Former PM Manmohan Singh passes away

Former Prime Minister Manmohan Singh has passed away.

Mahatma's legacy under threat from those in power in Delhi, says Sonia

ASSERTING THAT MAHATMA

Speed is of the essence

Service providers must amp up reach to expand market

AAP-Cong rift boils over as election nears

WITH ASSEMBLY ELECTIONS in Delhi just a month away, the war of words between the AAP and the Congress, two key constituents of the Opposition INDIA bloc, intensified on Thursday, putting others in the grouping in a quandary.

Can Biden's green boom survive Trump's wrecking ball?

THE ENERGY TRANSITION sustained an electoral trauma as 2024 drew to a close. The incoming administration of President-elect Donald Trump promises to undo at least some of the progress made on decarbonisation under President Joe Biden.

Resilience or stress?

Employment in informal manufacturing enterprises is not back to pre-demonetisation levels

Corruption vs capability in PLA

ILLUSION OF STRENGTH PARTLY EXPLAINS XI JINPING'S CAUTIOUS APPROACH TO REGIONAL DISPUTES

Transforming agricultural research

The plateauing of gains from Green Revolution necessitates the adoption of adaptive and market responsive strategies

Nippon extends $15-bn US Steel deal deadline

JAPAN'S NIPPON STEEL said on Thursday it has extended the closing date for its $14.9 billion purchase of US Steel as US President Joe Biden weighs whether to block a deal that has faced intense opposition since it was announced.

China Revises Up 2023 GDP, Sees Little Impact on 2024 Growth

POLICYMAKERS PLEDGE MORE STIMULUS TO KEEP GROWTH STABLE IN 2025

Russia Rejects Trump Call for Ukraine Truce

RUSSIA REBUFFED INCOMING US President Donald Trump's call for an immediate ceasefire in Ukraine, while saying it's ready to hold negotiations on a long-lasting peace agreement to end almost three years of war.

S Korea Opposition Moves to Impeach Acting Prez

SOUTH KOREA'S MAIN opposition party introduced a Bill to impeach acting President Han Duck-soo on Thursday, a day before it plans to seek a vote on the move, which could deepen a constitutional crisis triggered by a short-lived martial law.

Trump's Bitcoin promise hard to keep

Can He Deliver?

Alibaba, E-Mart to Form $4-bn E-tail JV in South Korea

ALIBABA GROUP HOLDING agreed to merge its South Korean operations with E-Mart's e-commerce platform to better compete in the country's fast-paced online retail sector.

Five Palestinian Scribes Killed

FIVE PALESTINIAN JOURNALISTS have been killed by an Israeli strike in the Gaza Strip, the health ministry said Thursday.

SMFG India Credit receives ₹3,000 crore from parent

JAPANESE MAJOR SUMITOMO Mitsui Financial Group announced on Thursday that it has infused ₹3,000 crore into its Indian NBFC subsidiary, SMFG India Credit Company, via rights issue.

Lenders disburse loans worth ₹27K cr through ULI

BANKS AND NBFCS disbursed more than 600,000 loans amounting to ₹27,000 crore using Unified Lending Interface (ULI) as on December 6.

Banks' bad loan ratio at 13-yr low on higher recoveries

REDUCTION IN GNPAs, LOWER SLIPPAGES

HC stays Religare AGM, RBI's nod for open offer

IN A SETBACK to the Burman family, the Madhya Pradesh High Court has stayed the approval granted by the Reserve Bank of India (RBI) for making an open offer to acquire an additional 26% stake in Religare Enterprises as well as the company's annual general meeting (AGM) scheduled for December 31.

NBFCs Maintain Double-Digit Credit Growth Last Fiscal

Loans and advances by non-banking financial companies (NBFCs) grew 18.5% in FY24, primarily driven by upper-layer NBFCs, according to the Reserve Bank of India's report on trend and progress, released on Thursday.

IndusInd plans to sell ₹1,500-crore bad loans to ARCs

INDUSIND BANK PLANS to sell nearly ₹1,500 crore worth of bad loans, including more than 1 million micro loans with a ticket size anywhere between ₹5,000 and ₹40,000, to asset reconstruction companies (ARCs), in a bid to arrest deterioration in its asset quality.

Housing sales volume may fall 4%

HOUSING SALES ARE estimated to fall 4% this year in seven major cities to nearly 0.46 million units on lower launches, while sales in value terms are up 16% at ₹5.68 lakh crore.

Jubilant Foods inks deal with Coca-Cola

JUBILANT FOOD (JFL) on Thursday said it has signed an MoU with Coca-Cola company to buy sparkling drinks and other products from the beverages major.

Demand shift pushes small cars to oblivion

High Prices A Major Speed-Breaker

Tata Sons chief sees a golden age for manufacturing

WITH GLOBAL SUPPLY chains increasingly tilting in India's favour, the manufacturing sector is poised for a transformative era, Tata Sons' chairman N Chandrasekaran said on Thursday in his New Year message to employees.

Slew of laws likely to fix insolvency

PAST YEAR SAW A SLOWING OF RESOLUTION PACE, SUPREME COURT INTERVENTION

Tech landscape: AI regulation, chip push to take centre stage

FINALISATION OF ELECTRONICS COMPONENTS SCHEME ON THE CARDS

Gujarat traders demand cut in cotton MSP

Amid declining cotton exports and rising imports, cotton traders and associations in Gujarat are urging the government to reduce the minimum support price (MSP) for cotton.