CATEGORIES

Pak's 'largest' nuclear plant gets green nod

PAKISTAN IS SET to construct its largest nuclear plant for electricity generation after the country's atomic energy regulatory agency issued the licence for it.

Starlink to give cell service to Ukraine

THE UNITED STATES ON Monday announced nearly $6 billion in additional military and budget assistance for Ukraine as President Joe Biden uses his final weeks in office to surge aid to Kyiv before President-elect Donald Trump takes power.

Jimmy Carter, former US prez and Nobel winner, dies at 100

EGYPT-ISRAEL PEACE WAS HIS TOP DIPLOMATIC ACCOMPLISHMENT

AI becoming ingrained in biz across industries

As artificial intelligence continues to grow at a rapid pace, more and more businesses are grappling with how to adapt both quickly and responsibly.

SME IPOs continue to see high retail interest

RETAIL INVESTORS in the country are increasingly placing their bets on small and medium enterprises (SME) IPOs rather than mainboard issues.

Omkara AMC acquires ₹750-cr stressed assets

OMKARA ASSET RECONSTRUCTION Company, which has gross assets under management (AUM) of nearly ₹16,000 crore, has acquired stressed assets worth ₹750 crore from two entities, comprising a total of over 4,000 retail accounts.

Jefferies' Chris Wood trims 4 stocks to bet on HDFC Bank

Jefferies will bring HDFC Bank back into its Asia ex-Japan long-only portfolio with a 4% weightage, as part of its year-end portfolio adjustments.

10-year G-Sec yields may ease to 6.60% by Mar: Tata AMC

THE YIELD ON the 10-year benchmark is expected to fall to 6.60% by the end of March and could fall further to 6.50%, Akhil Mittal, senior fund manager-debt at Tata Asset Management, told FE.

Rupee remains steady on likely RBI intervention

The rupee remained largely steady on Monday on likely intervention by the Reserve Bank of India (RBI), ending the day at 85.54 against the dollar.

Monday blues: Benchmark indices close in the red

IT WAS A ROLLER-COASTER ride for the benchmark indices on Monday.

Reliance seeks premium for KG block oil

RELIANCE INDUSTRIES IS seeking a premium of at least $3.5 per barrel over an international benchmark for crude oil it produces for eastern offshore KG-D6 block, according to the tender the firm put out on Monday.

Growing regulatory scrutiny awaits e-commerce firms

In 2025, e-commerce giants like Amazon and Flipkart are expected to face intensified regulatory oversight as the government strengthens measures to safeguard competition and protect consumer data.

Healthcare sector to touch $320 billion by 2028: Report

INDIA'S HEALTHCARE SECTOR is expected to reach $320 billion by 2028, said a report by 'Great Place to Work'. It added that the pharma sector is targeting to reach $130 billion by 2030, while the biotechnology sector is aiming to touch $300 billion by 2030.

Flyers left in the cold as delays surge

More than 2.39 million passengers were directly affected by delays in the first 11 months of the year, a 27% increase compared to the same period in 2023.

BII revises investment in Mahindra's EV firm

UK-BASED INVESTOR British International Investment (BII) and Mahindra & Mahindra (M&M) have mutually agreed for a downward revision of former's investment into M&M's electric vehicle making company.

Adani Green Energy's CEO Amit Singh to step down

ADANI GREEN ENERGY'S chief executive officer Amit Singh will step down to take up the role of the chief of the international energy business of the Adani Group, the renewable energy firm said on Monday.

IT Firms May Face Cost Hikes With H-1B Overhaul

Visa changes unlikely to become more restrictive

Festive cheer missing as retail sales growth slows, finds study

THE RETAIL SECTOR'S festive sales growth failed to meet expectations this year, reflecting subdued consumer demand, according to the Retailers Association of India (RAI).

Bata India set to roll out VRS scheme at Hosur facility in TN

BATA INDIA ON Monday said that it will introduce a voluntary retirement scheme (VRS) at its Hosur unit in Tamil Nadu.

Future forward: How AI will redefine new year

ARTIFICIAL INTELLIGENCE (AI) is set to redefine industries in 2025, driven by advancements in agentic AI, smaller language models (SLMs), and domain-specific solutions.

Nissan turns to Honda to steer India operations out of crisis

Nissan faces decline in market share and fewer dealerships

Andhra CM approves projects worth ₹1.82 lakh cr

ANDHRA PRADESH CHIEF Minister N Chandrababu Naidu on Monday approved nine projects, which are set to bring in investments totaling Rs 1.82 lakh crore and are expected to generate 2.63 lakh jobs.

India to push for banana exports to Russia

AFTER ACHIEVING SUCCESS in banana exports to Europe and West Asia, the government is now eyeing the Russian market, currently dominated by Ecuador, a senior official said on Monday.

External debt rises to $711.8 bn in Sept

INDIA'S EXTERNAL DEBT rose to USD 711.8 billion as of September this year, up 4.3 per cent over June 2024, as per the data released by the Finance Ministry.

Government plans to double subsidy for chip design to ₹30 crore

MOVE WILL BENEFIT STARTUPS; CAPEX SUPPORT FOR FABLESS FIRMS ON THE CARDS

₹17,581 crore invested under PLI scheme: Govt

COMPANIES HAVE INVESTED Rs 17,581 crore under the production-linked incentive (PLI) scheme for specialty steel till October 2024, the government said on Monday.

Rooftop solar scheme: Rules for financial aid released

THE MINISTRY OF new and renewable energy (MNRE) has issued operational guidelines for implementing the payment security mechanism (PSM) and central financial assistance (CFA) for residential consumers through the renewable energy services company (RESCO) model and utility-led aggregation (ULA) model under the PM Surya Ghar Muft Bijli Yojana.

Microfinance Faces Rising Delinquencies

THE MICROFINANCE SECTOR is showing signs of stress, with rising delinquencies across all types of lenders and ticket sizes, the Reserve Bank of India (RBI) stated in its latest Financial Stability Report.

...while funding gap widens

Rising money market spreads since July, driven by increased demand for certificates of deposit and commercial papers by banks and NBFCs to address funding gaps, are highlighted in the RBI's latest Financial Stability Report. The report also notes a rise in corporate bond spreads, particularly for lower-rated issuers.

Growth in personal loans moderates post regulatory measures

Growth in personal loans moderates post regulatory measures