CATEGORIES

Analysts Cautiously Optimistic on TCS Growth Prospects

IT major seeing signs of revival in discretionary spends

Adani raises ₹4,850 cr from sale of 13.5% stake in Wilmar

ADANI GROUP ON Friday raised ₹4,850 crore from the sale of 13.5% of its stake in Fortune oil maker Adani Wilmar as part of a strategy to exit non-core activities to focus on main infrastructure business.

Luxury car segment ended 2024 on a muted note despite robust demand

INDIA'S LUXURY CAR market, represented by five major automotive brands, saw paltry growth in 2024 as supply chain issues impaired the upturn despite robust demand.

Appliances association prez seeks smartphone PLI 2.0

AS THE SMARTPHONE production-linked incentive (PLI) scheme emerges as one of India's most successful policies, the industry is advocating for another round of the scheme to achieve greater scale and sustain its momentum.

Bistro app not to use Zomato data, says Blinkit's Dhindsa

BLINKIT'S QUICK FOOD delivery app Bistro will operate independently and it will not use any data from its Gurugram-based parent Zomato's food delivery and dining-out operations, Blinkit CEO Albinder Dhindsa clarified on Friday.

Infy counter-sues Cognizant

Alleges data misuse and anti-competitive conduct by US firm

India to Join Key Session on AI, FDI at WEF 2025

INDIA WILL PARTICIPATE in a session on artificial intelligence (AI) and foreign direct investment (FDI) at the World Economic Forum (WEF) annual meeting in Davos, the commerce and industry ministry said on Friday.

In a first, selection process for next CEC casts wider net

THE NET FOR choosing the next Chief Election Commissioner (CEC) could be cast wider as the successor to Rajiv Kumar may be picked from a shortlist of five current or former bureaucrats.

Private insurers show 239% jump in motor commission payouts

DESPITE CONCERNS RAISED by the Insurance Regulatory and Development Authority of India (Irdai), private sector general insurers reported a 239% jump in commission expenses in the motor insurance segment in fiscal ended March 2024.

Govt seeks to turn startup focus to manufacturing

CAPITAL CONCERN

Experts pick holes in govt claim of sharper employment growth

Say picture is grim with 'distress employment' and 'rising' farm-sector jobs; KLEMS not a robust data source

GX Expects to Receive Nod for Long-Duration Contracts Soon

The Indian Gas Exchange (IGX) is planning to launch long-duration contracts of 3-6 months on its platform and is expecting the petroleum ministry's nod soon, its managing director and chief executive officer Rajesh Mediratta said on Friday.

Dec tax devolution to states at ₹1.73 lakh cr

TO ACCELERATE SPENDING by states amid a moderation in the public capital expenditure, the Centre on Friday released ₹1.73 lakh crore in tax devolution to states for January as against the monthly devolution of ₹89,086 crore for December.

Factory production grows at six-month high of 5.2% in Nov

INDIA'S INDUSTRIAL OUTPUT in November expanded at 5.2%, the highest pace in six months, on the back of a sharp uptick in manufacturing, according to data released by the government on Friday.

Climate-resilient farming likely to get funding boost

The coming Budget is likely to announce several incentives aimed at boosting the availability of climate-resilient seed varieties, especially in cereals, pulses and oilseeds, besides aiming to promote agricultural practices like natural farming for reduction of chemical fertiliser usage, official sources said.

New Classification May Ease Approval for Medical Devices

THE CENTRAL DRUGS Standard Control Organisation's draft rules for reclassification of medical devices based on their risk profile has received wide support from the industry, as it will allow centralised and faster approval of high-risk equipment.

Sebi in favour of doubling floor for FPI disclosures

IN A MOVE that will bring relief to foreign portfolio investors (FPIs), the Securities and Exchange Board of India (Sebi) has proposed a doubling of the additional disclosure threshold for FPIs with an exposure of ₹25,000 crore.

Chants meet chatbots at this year's Maha Kumbh

SADHUS DONNING SUNGLASSES and sneakers at the Maha Kumbh will also be chatting with an AI bot this year, to know something as mundane as what time the morning snan will be, or where the nearest toilet is.

Trump tariffs: Auto suppliers rethink production plans

Trump has vowed to impose a blanket tariff of 10% on global imports into the US and a 60% tariff on Chinese goods

Premium online video market to double by 2028: Report

INDIA'S PREMIUM ONLINE video market, valued at $1.7 billion in 2023, is projected to nearly double by 2028, solidifying its position as one of the fastest-growing over-the-top (OTT) markets globally, according to the Asia Video Industry Report 2025.

Meta's fact-checking snub in US alarms India

AS META ANNOUNCED the end of its third-party fact-check programme in the US, a move that is being seen as the company reorienting itself for the new Trump era, a palpable sense of panic has gripped fact-checkers in India.

RBI governor seeks to improve forecasting

Two of the sources Reuters spoke to said the RBI would look to increase datasets required to gauge trends in income and expenditure better.

Simplified income tax law in Budget session likely

Similar attempts in the past to simplify the I-T law, most notable being the Direct Taxes Code drafted in 2009 by the UPA govt

TCS profit rises 4% in Q3

AMONG VERTICALS, ENERGY, resources and utilities grew by 3.4%, and consumer business gained 1.1%. The key segment - banking, financial services and insurance (BFSI) - reported a modest sequential growth of 0.9%, compared to 0.1% in Q2.

Taliban urges India to ease visa process

First High-Level Meet

Hush money: Court rejects Trump bid to delay sentencing

NEW YORK'S TOP court rejected on Thursday Donald Trump's request to halt the president-elect's sentencing for his conviction on criminal charges stemming from hush money paid to a porn star, with a decision on a possible delay now in the hands of the President-elect.

Hollywood Hills burn as big blaze engulfs LA

THE HOLLYWOOD HILLS blazed uncontrollably on Thursday morning as the worst wildfires in the history of Los Angeles raged across the city and deep into the storied heartland of the American film industry.

Musk Held Talks on Ways to Oust UK's PM Before Polls: Report

BILLIONAIRE ELON MUSK has held private discussions with allies about removing British Prime Minister Keir Starmer from his position before the next general election, the Financial Times reported on Thursday.

Apple Defends Siri After $95 Million Settlement

APPLE CLARIFIED ON Wednesday that it has never sold the data collected by its Siri voice assistant or used it to create marketing profiles, just days after settling a case in which it faced such accusations.

Biden to further limit Nvidia AI chip exports in final push

PRESIDENT JOE BIDEN'S administration plans one additional round of restrictions on the export of artificial intelligence chips from the likes of Nvidia just days before leaving office, a final push in his effort to keep advanced technologies out of the hands of China and Russia.