CATEGORIES

Zepto Sets Up New Entity to Shift to Marketplace Model

QUICK COMMERCE COMPANY Zepto has set up a new entity, Zepto Marketplace, to rejig its operations from a B2B model to a marketplace model, according to people in the know.

India's Smartphone Market to Hit $50-bn Milestone in 2025

The country's smartphone market is expected to cross $50 billion (₹4.3 lakh crore) in value in 2025, according to Counterpoint Research.

Weak demand to keep revenue growth of FMCG firms muted

PRICE HIKES MAY HAVE NEGATIVELY IMPACTED VOLUMES IN Q3

GenAI Intensifies Pricing Pressure on IT Sector

The rapid adoption of generative AI (GenAI) is reshaping spending patterns in the IT services industry; however, this technological shift is intensifying pricing pressures for providers.

Major infra, slum redevelopment plans for Mumbai North in 2025

PIYUSH Goyal has said slum redevelopment, and fast-tracking key projects like road and railway line extensions, are among the major initiatives planned this year to significantly transform the urban landscape of his Lok Sabha constituency.

EVs Don't Need Additional Subsidies

Industry demands infrastructure status for battery charging facilities

CPSE dividend receipts at 86% of FY25 target

Dividends likely to exceed the Budget target by a decent margin

Import of oil from Russia falls 13% in Dec

INDIA'S IMPORT OF Russian crude oil declined by 13.2% to 1.39 million barrels per day in December against 1.61 million barrels per day in November, data from Vortexa showed.

India looking for deep ties with Trump govt: Goyal

GOODS AND SERVICES EXPORTS TO CROSS $800 BN THIS FISCAL: MINISTER

Govt open to make it easier for startups to return to India

The government is open to ideas to make it easier for startups that have migrated overseas to return, commerce and industry minister Piyush Goyal said on Friday.

White-collar hiring up 9% in December

HIRING FOR white-collar jobs in India rose 9% in December compared to the same month in the previous year, a survey released on Thursday showed.

Manu, Gukesh Among 4 to Be Awarded Khel Ratna

DOUBLE OLYMPIC-MEDAL-LIST Manu Bhaker and chess world champion D Gukesh were among four winners of the Major Dhyan Chand Khel Ratna award announced by the Sports Ministry, which also named an unprecedented 17 para-athletes in the list of 32 Arjuna awardees to honour their resounding success at the Paris Paralympics.

Climate change mitigation needs funding

IE THINC FOURTH EDITION: OUR CITIES

Captain Rohit to miss Sydney Test, 'opts to rest'

THE EARLY HINT of India captain Rohit Sharma sitting out of the final Test of the Border-Gavaskar Trophy at Sydney came from head coach Gautam Gambhir.

Norms for capex release...

THE BALANCE OF ₹55,000 crore is untied advances to states for projects identified by the states.

Indices soar nearly 2%

EQUITY INDICES OF China, Hong Kong, and Thailand declined by up to 2.66%, while Indonesia (up 1.18%), Australia (up 0.53%), and Singapore (up 0.35%) ended with gains.

When big idea met big tech

AI IN ADVERTISING

Rein in tax terrorism

WE NEED A TRANSPARENT SYSTEM THAT CURBS LITIGATION AND A QUICK RESOLUTION PROCESS

H-1B Visa Flip-Flop

Trump must convince hardliners that giving US access to the world's best and brightest is essential to its future

Lessons from Manmohan Singh

Singh, as an RBI governor living through the permissive 1980s, understood the value of fiscal conservatism and implemented it as finance minister

A 'Made in China' crisis awaits big auto

When Jaguar's \"copy nothing\" brand reboot hit late last year, one self-styled car enthusiast replied on X: \"What the actual hell is this.\" Jaguar's response: \"The future.\" That remains to be seen. But the ad, unfamiliar and unsettling, does at least work as a portent of what's coming for the global auto industry.

China's late-year EV sales boom gives way to rocky 2025

CHINESE ELECTRIC VEHICLE makers led by BYD saw a late-2024 sales boom that's set to give way to another bruising year as carmakers face risks to demand both at home and abroad.

New Orleans attack: Accused was inspired by Islamic State

A Tesla Cybertruck exploded in flames outside the Trump International Hotel Las Vegas on Wednesday, killing the driver and injuring seven others, and the FBI was investigating whether the blast was an act of terrorism, officials said.

First in a decade: Tesla annual EV sales drop

TESLA'S ANNUAL VEHICLE sales dropped for the first time in more than a decade despite a year-end push that sent deliveries to a record in the fourth quarter.

Nvidia's Market Value Gets $2-Trillion Boost

NVIDIA emerged as the biggest global gainer in market capitalization for 2024, driven by surging interest in AI and robust demand for its AI-centric chips across industries.

US Jobless Claims Fall to Eight-Month Low

INITIAL APPLICATIONS FOR US unemployment capped 2024 at an eight-month low, reflecting the relatively muted levels of job cuts in a labor market that has remained surprisingly resilient.

Europe, Asia factories end 2024 on weak footing

FACTORY ACTIVITY IN Asia and Europe ended 2024 on a soft note as expectations for the new year soured amid growing trade risks from a second Donald Trump presidency and China's fragile economic recovery.

'Taking the middle path with diverse investments is key'

The stock market has been going through tough times, but the good news is that retail investors have continued to invest in systematic investment plans (SIPs), says Radhika Gupta, MD & CEO, Edelweiss Asset Management Company. Gupta tells Akshata Gorde that the SIP book, currently at ₹25,000 crore a month, will rise to ₹80,000-90,000 crore by 2030.

Apple Offers Big Discounts on New iPhone Models in China

APPLE IS OFFERING rare discounts of up to 500 yuan ($68.50) on its latest iPhone models in China, as the US tech giant moves to defend its market share against rising competition from domestic rivals like Huawei.

Rupee Closes at Another Record Low

The rupee closed at its weakest closing level on record for the eighth consecutive session on Thursday, as a widened arbitrage between the non-deliverable and outright forwards market added to the currency's troubles.