CATEGORIES

Bollywood's investments in startups decrease sharply to $3.6 mn in 2024

INVESTMENTS BY BOLLYWOOD celebrities in startups came down sharply in the current calendar year to $3.6 million against $28.5 million last year, data shared by Tracxn showed.

India-Pak ICC matches at neutral venues

THE DEADLOCK OVER the hosting of next year's Champions Trophy finally ended on Thursday when the ICC announced that India will play their matches of the 50-over event at a neutral venue instead of host country Pakistan, which will get a similar arrangement for tournaments to be held in India till 2027.

State-run firms commit big investments in Bihar

THE BIHAR BUSINESS Connect 2024 summit evinced huge corporate response on Thursday with some top state-run firms making major investment announcements, including the plan to establish a maiden nuclear power project in the state.

India's job market poised for 9% growth in 2025

HIRING ACTIVITIES IN 2025 are likely to witness a 9% growth in the country driven by sectors, including IT, retail, telecommunications and banking, financial services, and insurance (BFSI) sectors, a report said on Thursday.

Mumbai and Dubai top travel searches: Report

Mumbai and Dubai emerged as top searches for travel destinations and visa-free travel like Ulmaty and Kenya became traveller favourites in 2024, a fintech firm One97 Communications - owner of Paytm brand said on Thursday.

Hyundai to equip product range with Amaron batteries

New Delhi, December 19

HDFC Securities sets Nifty target at 26,482 for 2025

HDFC SECURITIES EXPECTS 2025 to be a difficult year amid high valuations, with the benchmark Nifty 50 index likely to rise up to 26,482 points.

Book Rahul Gandhi for assault: BJP to police

The Winter Session of Parliament descended into chaos on its penultimate day when MPs of the NDA and the Opposition INDIA bloc, accusing each other of denigrating the name of BR Ambedkar, shoved and jostled with each other at the Makar Dwar, the main entrance to the building, resulting in injuries to two BJP MPs and complaints to police by the BJP and Congress, allegations and counter-allegations and petitions to the Speaker.

Fed's 2025 signal roils D-Street

THE SENSEX HAS lost 3.55%, or 2,915 points, in the last four trading sessions, eroding investment wealth of over ₹10 lakh crore (in three sessions).

Campaign's relatability adds charm to storytelling

Why the campaign rocks: In today's world, where information is available at the click of a button, travel & holiday booking apps face challenges far beyond simply outpacing competitors. Like marketing any commodity with few distinguishing features, the genius often lies not in hard selling an unheard-of feature, but in offering a fresh perspective on specific user (travelers in this case) behaviours. MakeMyTrip's latest campaign precisely achieves that, which makes it such a compelling watch.

Better late than never

The retail frenzy for SME IPOs and rising cases of frauds forced Sebi's hand

Fed cannot hold bitcoin, not seeking to change that

FED RATE CUT PATH TO SLOW IN 2025

US Congress has two days to avert shutdown after Trump rejects Bill

THE US CONGRESS has two days to avert a partial government shutdown after Republican President-elect Donald Trump rejected a bipartisan deal late on Wednesday and demanded lawmakers also raise the nation's debt ceiling before he takes office next month.

Riksbank cuts rate by 25 bps, Brazil cenbank raises outlook

SWEDEN'S RIKSBANK ON Thursday lowered its benchmark interest rate by 25 basis points and signaled its easing campaign is likely to be wrapping up with one cut left to deploy.

Bought for billions, selling for peanuts

COMPANIES THAT SPENT billions on poorly timed acquisitions in recent years are now offloading those assets at knockdown prices.

BoJ holds rates too

THE BANK OF Japan kept interest rates unchanged on Thursday and its governor offered few clues on how soon it could push up borrowing costs, sending the yen and bond yields tumbling on fresh doubts over the near-term chances of a rate hike.

BoE keeps rates steady, but members split on decision

BANK OF ENGLAND policymakers voted 6-3 to keep interest rates on hold on Thursday, a bigger split than economists had predicted as officials disagreed over how to respond to a slowing economy that remains beset by inflation pressures.

Russia ready to compromise with Trump on Ukraine: Putin

RUSSIAN PRESIDENT VLADIMIR Putin said on Thursday that he was ready to compromise over Ukraine in possible talks with US President-elect Donald Trump on ending the war and had no conditions for starting talks with the Ukrainian authorities.

Stocks, bond prices on slippery slope

BUSY 24 HOURS FOR CENTRAL BANKS

Dalal Street joins global sell-off

JOINING THE GLOBAL equity sell-off following the US Federal Reserve's hawkish surprise of fewer rate cuts in 2025, benchmark indices fell 1% on Thursday, marking their fourth consecutive session of decline.

Re breaches 85 mark

Barclays strategist sees it falling further to 87 by next year end

Oil edges higher on falling US crude inventories

OIL PRICES ROSE slightly on Thursday, supported by falling US crude inventories, though gains were limited after the US Federal Reserve signalled it would slow the pace of interest rate cuts in 2025.

Silver lining for Dr Reddy's

Share prices jump over 4% on upgrade by Nomura

Currencies tumble, few attempt rebound

THE DOLLAR SLIPPED on Thursday, a day after surging to a two-year peak after the Federal Reserve rocked markets by signalling a much slower pace of rate cuts in 2025, while the yen slid after the Bank of Japan (BOJ) stood pat on rates.

Airtel prepays ₹3,626 cr to DoT

Clears dues for spectrum auction held in 2016

Auto Expo: Missing brands to return

INDIA'S PREMIER AUTOMOTIVE event, the Bharat Mobility Global Expo, will begin on January 17 with a record-breaking lineup of brands, including several returning participants.

JSW Infra outlines ₹30K-cr capex plan

Leveraging Navkaro acquisition, says company

Zetwerk's GMV rises 35% to ₹17,564 cr

CONTRACT MANUFACTURING STARTUP Zetwerk on Thursday said it has achieved a gross merchandise value (GMV) of ₹17,564 crore in FY24, reflecting a 35% growth from the ₹13,050 crore GMV recorded in the previous fiscal.

Nestle: Swiss withdrawal of MFN status to not affect ops

NESTLE INDIA HAS clarified that the suspension of the most favoured nation (MFN) clause granted to India by Switzerland will not affect its operations.

CCI conducts raids on liquor majors AB InBev, Pernod

THE COMPETITION COMMISSION of India (CCI) has raided some offices of alcohol giants Pernod Ricard and Anheuser-Busch InBev as it investigates accusations of price collusion with retailers in Telangana, sources familiar with the matter said.