CATEGORIES

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.

West Bengal to Initiate Deucha-Pachami Coal Block Mining Soon

Authorities concerned have been asked to complete all required processes to start mining in Deucha-Pachami coal block in West Bengal's Birbhum district within three months, an official said on Friday.

Sponge-city concept may mitigate flooding

At the fifth edition of the IE Thinc: CITIES series, presented by The Indian Express with Omidyar Network India and moderated by Sukrita Baruah, Principal Correspondent, panellists discussed how Guwahati, a growing urban centre, can tackle floods and droughts

Unclaimed insurance amount over ₹20K cr

THE LIFE INSURANCE sector has reported unclaimed amounts totalling ₹20,062 crore as of March 2024, according to the Insurance Regulatory and Development Authority of India (Irdai).

Vande Bharat sleeper services from May

Vande Bharat sleepers may reduce travel time by 2-4 hrs compared to Rajdhani Express & Shatabdi Express

Govt boosts gas supplies to CGD firms, stocks rise

SHARE PRICES OF City Gas Distribution (CGD) companies, including Indraprastha Gas, Mahanagar Gas, and Gujarat Gas, surged by up to 6% on Friday, recovering from intraday lows.

MSP Paddy Purchases Cross Last Year's Level

DESPITE A SLUGGISH commencement of procurement caused by storage crunch in Punjab, the government's paddy procurement for the 2024-25 season (October-September) has surpassed 48.3 million tonne (MT), slightly higher than last year.

Major infra, slum redevelopment plans for Mumbai North in 2025

UNION MINISTER 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.

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.

EVs don't need additional subsidies

● Industry demands infrastructure status for battery charging facilities

India looking for deep ties with Trump govt: Goyal

INDIA IS LOOKING forward to a deep and substantive engagement with the incoming Trump administration that assumes office later this month, commerce and industry minister Piyush Goyal said on Friday.

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

AI/ML, OIL & GAS, FMCG MAJOR GROWTH DRIVERS

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

At the fourth edition of the IE Thinc: CITIES series, presented by The Indian Express with Omidyar Network India and moderated by Amitabh Sinha, Editor (Climate and Science), panellists discussed how municipal bodies can leverage capital markets to solve climate-related problems

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

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.

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

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.

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.

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.

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.