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Samsung plans to re-enter ACs market
Samsung India is planning a comeback into the residential air conditioner (AC) market, which witnessed unprecedented sales growth in summer this year.
The 'invisible wall' amplifying China's population doom loop
China still has more left-behind children than any country in the world, 67 million in 2020, official data shows
Smartphone makers are embracing digital detox to fight screen addiction
A study by Vivo found parents spend 5.5 hours and children about 4.5 hours on their phones each day
Gen AI, data centres march into 2025
Stakeholders are gearing up for a boom amid expectations of easing inflation concerns in West, and government's boost to domestic R&D expenditure
Pre-IPO rounds revive late-stage funding
There was an improvement in both the number and average ticket size of Series D stage and above deals in 2024 versus the year before
Edtech's focus on profits, new niches sparks renewed investor optimism
Early-stage funding more than tripled to $303.2 million this year, from $100.7 million in 2023
Airlines see 12% growth in domestic passengers
Indian airlines carried 14.2 million passengers on the domestic routes in November, up nearly 12% compared to a year earlier, amid rising air traffic demand.
Xmas fails to cheer up 2024 box office
Theatres are banking on Pushpa 2, and animation flick Mufasa to carry them through the festive period
Southern films shine in 2024 led by Malayalam, Tamil hits
South Indian cinema sees 10-15% revenue growth as Hindi films struggle at the box office
Deloitte, 2 former partners penalized over audit lapses
The action stems from Deloitte's alleged failure to identify & report irregularities related to a ZEE FD in Yes Bank
Prez Biden to rule on Nippon Steel's $15 billion US Steel bid
Letting Nippon Steel take over US Steel may lead to lower domestic steel output, says CFIUS
Hurt by imports, steelmakers eye safeguard duty
The temporary measure, likely in the last quarter of FY25, will protect domestic firms from cheap imports
Poly Medicure to focus on medical devices exports
Indian medical equipment manufacturer Poly Medicure Ltd. will continue to focus on export markets amid rising demand in the United States and as global economies look to diversify their supply chains away from China, a top company official said.
Rupee falls 4p to close at a new low of 85.15 to a dollar
The rupee extended the slide for the second straight session and depreciated 4 paise to settle at a fresh all-time low of 85.15 against the US dollar on Tuesday, dragged by a strong greenback against major crosses overseas and subdued domestic equities.
Key indicators show Q3 recovery, says RBI bulletin
Growth trajectory is poised to lift in H2 of 2024-25 driven by resilient domestic private consumption demand
Rising third-party mix, capex boost outlook for JSW Infra
In recent years, JSW Infrastructure Ltd has succeeded in raising the share of third-party cargo to 48% in H1FY24 from 25% in FY21.
China eyes record debt issuance next year to ramp up stimulus
Chinese authorities have agreed to issue 3 trillion yuan ($411 billion) worth of special treasury bonds next year, two sources said, which would be the highest on record, as Beijing ramps up fiscal stimulus to revive a faltering economy.
Number of non-farm firms rises 13% to 73 mn: Govt
The number of non-farm firms in the country comprising proprietorships, partnerships and self-help groups increased 12.84% to 73.4 million, the Union statistics ministry said, citing an annual survey of enterprises other than companies for the period October 2023 to September 2024.
Why IRCTC can't earn a 'buy'
Slowing speed
Persistent, CoRover.ai partner for GenAI integration
IT services firm Persistent Systems has partnered with artificial intelligence (AI) services provider CoRover to drive innovation in the field of multilingual conversational platforms powered by Generative AI (GenAI).
Trump's TikTok love raises doubt on ban plan
resident-elect Donald Trump's repeated support for TikTok has sparked speculation about potential solutions to prevent the app's impending ban in the US, though the path forward remains unclear.
A looming threat to bitcoin investors: Risk of a quantum-computing hack
A study estimated that a quantum hack of bitcoin would cause more than $3 trillion in losses in crypto, other markets
India's push for own satellite constellation draws 30 firms
Thirty Indian companies have answered the space regulator's call to build and operate constellations of Earth observation (EO) satellites in a private-public partnership to reduce the country's reliance on foreign data for defence, infrastructure management and other critical mapping needs.
Singapore leads Hong Kong in race to become crypto hub
Hong Kong's tight curbs on exchanges may have tipped the balance in favour of Singapore
THE STATESMAN WHO SHAPED INDIA WITH HIS VISION, RESOLVE
Atal ji understood Indian democracy and also the need to make it stronger
Economists discuss jobs, infra funds with PM
Job creation, improving farm productivity, and mobilizing public funds for infrastructure development were some of the issues that figured during the interaction between Prime Minister Narendra Modi and economists ahead of the 2025-26 Union budget.
MPC members say high repo rate cannot ease food prices
The two external members' views were in sharp contrast to others at the December meeting
India reviews $30 billion sulphur-cutting programme for coal plants
India is reviewing a decade-old $30 billion programme requiring coal-fired power plants to install equipment to cut sulphur emissions after government-backed studies showed they had little impact on curbing pollution, according to a document reviewed by Reuters.
Deepak Chopra's latest vision: Integrating AI & well-being
Indian-American author & new-age guru Deepak Chopra is optimistic about the power of AI in enabling personal growth
What's going on your action board for 2025?
Action boards help break down your bigger aspirations into achievable goals