CATEGORIES

Call grows for action on AI, reforms

BIG BLOW 370% rise in sanctions since 2017, along with subsidies Over 5% rise in inflation estimated in a very high fragmentation scenario

Invest in stocks: China to insurers

Stocks Jump After Briefing

Grade A warehousing mkt to hit 700 mn sq ft

THE LOGISTICS AND industrial real estate sector saw major growth, with Grade A warehousing in eight cities increasing from 88 million sq. ft in 2019 to 238 million sq ft in 2024 (22% CAGR).

57% Taxpayers Seek I-T Rate Cuts

Around 57% of the taxpayers in a recent survey want lower tax rates and higher exemptions in the coming Budget.

Small tea growers for curbs on substandard imports

SMALL TEA GROWERS (STGs) have urged the Union commerce ministry to take steps to curb import of substandard crop from countries like Kenya and Nepal and protect the domestic industry.

HPCL Consolidated Profit in Q3 Surges 257% to ₹2,544 Cr

HINDUSTAN PETROLEUM CORP Ltd on Thursday reported a surge of 256.8% year-on-year in its consolidated net profit for the December quarter of FY25 at ₹2,543.65 crore from ₹712.84 crore in the year-ago period.

LNG imports to fall in 2025 as demand moderates: IEA

INDIA'S IMPORT OF LNG (liquified natural gas) is expected to decline in 2025 on the back of moderating demand and continued competition for LNG cargoes internationally, as per the International Energy Agency.

80% firms struggle to find talent: Survey

DESPITE A STRONG global hiring outlook, Indian employers are expecting a cautious first quarter of 2025 due to ongoing talent shortages, according to the ManpowerGroup Talent Shortage Survey.

In hiding, Awami League leaders connect with Hasina

A three-term Awami League MP's home in Dhaka and his ancestral estate were ransacked on the evening of August 5, 2024, the day Sheikh Hasina was forced to flee.

UltraTech Cement Q3 profit at ₹1,473.51 cr; stock surges 7%

ADITYA BIRLA GROUP firm UltraTech Cement on Thursday reported a consolidated net profit of ₹1,473.51 crore for the third quarter ended December 31, 2024.

Maruti Suzuki cars to cost more from Feb 1

MARUTI SUZUKI INDIA on Thursday said it will hike prices by up to ₹32,500 across various models from February 1 to partially offset the rise in input costs.

Mphasis posts modest Q3 revenue growth

MPHASIS REPORTED A sequential revenue growth of 0.8% to ₹3,561.3 crore and a net profit of ₹427.9 crore, up 1.1%, for the quarter ended December.

This Chinese AI startup is taking on Silicon Valley giants

THE DAY AFTER Christmas, a small Chinese start-up called DeepSeek unveiled a new AI system that could match the capabilities of cutting-edge chatbots from companies like OpenAI and Google.

Infra.Market raises $126 mn

CONSTRUCTION MATERIALS SOLUTIONS firm Infra.Market has successfully raised approximately $120 million (₹1,050 crore) in its pre-IPO funding round, according to sources aware of the matter.

Rupee falls 13 paise tracking Asian peers, dollar demand

THE RUPEE ENDED 13 paise down against the dollar to 86.46 on Thursday due to a decline in the most regional currencies and demand for dollars from foreign banks, said forex traders.

Time for India to break Out Of AI slumber

The US-led restrictions on AI technology access should serve India a wake-up call to prioritise the technology as a national security imperative

Rising competition from global banks may lower pricing on loans: Barclays

A RENEWED PUSH by Japan's major banks and other global lenders in India is driving down loan prices with the new players having more appetite for riskier credit, according to the country head for Barclays Plc.

AI, Gen AI, & ML models power wealthtech platforms

The wealth management landscape is undergoing a change as wealthtech startups leverage cutting-edge technologies such as artificial intelligence (AI), machine learning (ML), and generative AI (GenAI).

NCLAT Stays CCI's 5-Year Antitrust Ban

Directs Meta to Deposit 50% of ₹213-Cr Penalty

HUL to give beauty business a glow-up with new strategy

THE COUNTRY'S LARGEST consumer goods company, Hindustan Unilever (HUL), has put in place a four-pronged strategy to grow its beauty and wellbeing business, created in April last year.

Now, Equities Need Domestic Investors More Than Ever

LOCAL FUNDS EMERGE AS KEY DRIVER

In the grey zone

● Meta's fact-check roll-back can upend contextual ads

Special fund for MFIs...

The combined loan outstanding of the MFIs stood at around ₹1.7 lakh crore as on March 31, 2024. And 60% of this amount has been lent by large MFIs

Oil Buyers Pull All Levers to Replace Russian Imports

OIL REFINERS ARE reaching for all available options in the rush to make up for Russian flows hit by Washington's latest round of sanctions, turning to the spot market while simultaneously seeking more long-term supplies from West Asian producers.

In Dalit colonies, AAP schemes outrank Constitution issues

THE OPEN DRAIN outside the chaupal at Nai Basti, a Dalit-dominated colony in South Delhi's Deoli, is overflowing.

Package Likely To Ramp Up Pulses & Oilseeds Output

● Govt keen to rein in imports of these items by boosting domestic production

Zee Q3 profit jumps 180%; revenue falls

ZEE ENTERTAINMENT ON Thursday reported a 179.7% year-on-year rise in its consolidated net profit at ₹163.6 crore for the third quarter of the financial year 2024-25 (Q3FY25).

Emilia Perez Leads Oscars Race With 13 Nominations

NETFLIX'S SPANISH-LANGUAGE musical Emilia Perez topped the list of movies nominated on Thursday for Academy Awards, followed by The Brutalist and Wicked.

$100-bn court challenge for Goldman and friends

Banks are used to fending off litigation. Goldman Sachs Group's most recent annual report includes 14 pages of fine print detailing all the proceedings it faces. But the defendant has turned plaintiff.

Luxury car sales facing China hurdle: Tatas

JAGUAR LAND ROVER's owner, Tata Motors, said profitability is being hurt by economic challenges in China, a market where weak demand and consumer preference for electric vehicles is curbing sales of traditional top-end cars.