CATEGORIES

Five Palestinian Scribes Killed

FIVE PALESTINIAN JOURNALISTS have been killed by an Israeli strike in the Gaza Strip, the health ministry said Thursday.

Trump's Bitcoin promise hard to keep

Can He Deliver?

Banks' bad loan ratio at 13-yr low on higher recoveries

Reduction In GNPAs, Lower Slippages

Lenders Disburse Loans Worth ₹27K Cr Through ULI

BANKS AND NBFCS disbursed more than 600,000 loans amounting to ₹27,000 crore using Unified Lending Interface (ULI) as on December 6.

NBFCs Maintain Double-Digit Credit Growth Last Fiscal

Loans and advances by non-banking financial companies (NBFCs) grew 18.5% in FY24, primarily driven by upper-layer NBFCs, according to the Reserve Bank of India's report on trend and progress, released on Thursday.

HC stays Religare AGM, RBI's nod for open offer

IN A SETBACK to the Burman family, the Madhya Pradesh High Court has stayed the approval granted by the Reserve Bank of India (RBI) for making an open offer to acquire an additional 26% stake in Religare Enterprises as well as the company's annual general meeting (AGM) scheduled for December 31.

SMFG India Credit receives ₹3,000 crore from parent

JAPANESE MAJOR SUMITOMO Mitsui Financial Group announced on Thursday that it has infused ₹3,000 crore into its Indian NBFC subsidiary, SMFG India Credit Company, via rights issue.

IndusInd plans to sell ₹1,500-crore bad loans to ARCs

INDUSIND BANK PLANS to sell nearly ₹1,500 crore worth of bad loans, including more than 1 million micro loans with a ticket size anywhere between ₹5,000 and ₹40,000, to asset reconstruction companies (ARCs), in a bid to arrest deterioration in its asset quality.

Housing sales volume may fall 4%

HOUSING SALES ARE estimated to fall 4% this year in seven major cities to nearly 0.46 million units on lower launches, while sales in value terms are up 16% at ₹5.68 lakh crore.

Jubilant Foods inks deal with Coca-Cola

JUBILANT FOOD (JFL) on Thursday said it has signed an MoU with Coca-Cola company to buy sparkling drinks and other products from the beverages major.

SECI order: RPower arm gets interim relief from HC

THE DELHI HIGH Court has granted interim relief to Reliance Power's subsidiary, Reliance NU BESS, in a petition pertaining to disqualification from participating in three bids solely on the ground of the debarment order dated November 6, issued by Solar Energy Corporation of India (SECI), against the petitioner.

Demand shift pushes small cars to oblivion

ONCE AN UBIQUITOUS product on the roads, commanding a lion's share of the market, out of every 33 cars sold today just one is a mini car, highlighting a massive shift in the buyer pattern.

Tech landscape: AI regulation, chip push to take centre stage

THE TECH POLICY landscape in 2025 is expected to focus on issues such as the implementation of the data protection law, the possible rollout of the draft of Digital India Act, AI regulation, semiconductor 2.0 incentive scheme and finalisation of the electronics components scheme.

Tata Sons chief sees a golden age for manufacturing

WITH GLOBAL SUPPLY chains increasingly tilting in India's favour, the manufacturing sector is poised for a transformative era, Tata Sons' chairman N Chandrasekaran said on Thursday in his New Year message to employees.

Maharashtra CM Unveils Good Governance Index

THE PROGRESS OF a state depends on 'ease of living' and this is being prioritised by the Maharashtra government, chief minister Devendra Fadnavis said on Thursday.

Slew of laws likely to fix insolvency

PAST YEAR SAW A SLOWING OF RESOLUTION PACE, SC INTERVENTION

Gujarat traders demand cut in cotton MSP

Amid declining cotton exports and rising imports, cotton traders and associations in Gujarat are urging the government to reduce the minimum support price (MSP) for cotton.

Coal power plant growth holds near 5-year high

INDIA — WHICH RELIES on coal to meet about three-quarters of electricity demand — kept installations of new capacity near a five-year high to try to meet surging power usage.

Anti-dumping probe into LNG vessels from China

INDIA'S TRADE DEFENCE body has started an anti-dumping investigation into import of liquefied natural gas (LNG) fuel tanks used in trucks and other vehicles from China.

Exporters seek special support for US markets

● Sops to enable additional exports of $25-bn in 3 years

Adani, IRB among bidders for NHAI assets

ADANI ROAD TRANSPORT and IRB Infrastructure are learnt to be among the four firms that have bid to acquire the operational highway projects of National Highways Authority of India (NHAI) under the Toll Operate Transfer (TOT) model for monetisation.

Quick, quicker, quickest...

DELIVERIES AT ONE'S DOORSTEP AT LIGHTNING SPEED IS ALL-PERVASIVE

At the G, India up against Head-strong Australia

● In-form batter declared fit for Boxing Day Test

Prosperity through cooperation

IN JUNE, the United National General Assembly (UNGA) adopted a resolution proclaiming 2025 as the International Year of Cooperatives with 'Cooperatives Build a Better World' as the theme.

Office Leasing in Top Six Cities Hits Record: Report

WITH RISING DEMAND of premium workspaces, real estate consultant Anarock has said that realty firms are currently developing around 250 lakh square feet of office space across major cities for catering to the requirements of domestic and foreign companies.

The Angry Young Man

LATER, THE BUREAU of Indian Standards got into examining the matter.

Investors Get Good Exits in IPO Frenzy

A whopping ₹1.6 lakh crore has been mopped up in the primary market in 2024 by 90 firms, the highest so far in a year, topping the ₹1.19 lakh crore raised through IPOs in 2021 by 63 companies.

Honda-Nissan deal may hold key to fight against BYD

HONDA MOTOR ABSORBING Nissan Motor could give the two struggling Japanese brands the scale they need to take on China's BYD, sales figures released on Wednesday show.

Russia Launches 'Inhuman' Christmas Day Attacks

RUSSIA ATTACKED UKRAINE'S energy system and some cities with cruise and ballistic missiles plus drones on Wednesday in an \"inhuman\" Christmas Day assault, Ukraine's President Volodymyr Zelenskiy said.

China Avoids Rate Cut to Brace for Future Pressure

CHINA REFRAINED FROM cutting the interest rate and drained the most cash since 2014 with a one-year policy tool, keeping its powder dry ahead of possible escalation in trade tensions with the US next year.