Markets Today LIVE: Benchmark Indian equities were trading significantly lower on Monday amid 
muted global cues

Stock Market, Market, Crash, Lost, decline, statistic, Crisis, Capital, BSE, NSE

FinMin has parked Rs 62K cr towards "new schemes" with the DEA, most of which is expected to go unspent with only two and half months left in FY25

cash money

The interaction is part of the pre-monetary policy consultations

Sanjay Malhotra, RBI

Gael Monfils has become the second oldest player in more than 30 years to reach the final of an ATP Tour event after beating American Nishesh Basavareddy 7-6 (5), 6-4 in the semifinals at Auckland on Friday aged 38 years, 131 days.
Ivo Karlovic is the oldest, having won through to final in Pune, India in 2019 at the age of 39 years, 311 days. Monfils edges Stan Wawrinka who was aged 38 years and 124 days when he reached the final at Umag, Croatia in 2023.
Karlovic also reached the final at Den Bosch in 2017 aged 38 years, 110 days while Roger Federer (Basel in 2019 aged 38 years and 80 days) and Rafael Nadal (the 2024 Swedish Open at 38 years and 48 days) also are in the top five.
Frenchman Monfils has been breaking records steadily in his winning run at Auckland. When he beat Jan-Lennard Struff to reach the quarterfinals, he became the oldest player in the professional era to reach the last eight in Auckland.
He became the oldest-ever semifinalist in Auckland when he beat Facundo 

red Tennis Court

British telecom firm Vodafone has sold its entire stake in Indus Towers for Rs 2,800 crore, the telecom infrastructure firm said on Friday.
Vodafone has sold 7.92 crore or 3 per cent stake in Indus Towers and used Rs 890 crore from the proceeds to clear lenders dues, the company said in a regulatory filing.
"Vodafone Group Plc announces that it has successfully completed the placing of its remaining 79.2 million shares in Indus Towers Limited ("Indus") representing 3.0 per cent of Indus' outstanding share capital through an accelerated book build offering on 5 December 2024," the filing said.
The company held 3 per cent stake through its indirect wholly-owned subsidiaries, Omega Telecom Holdings Pvt Ltd and Usha Martin Telematics Limited.
"Residual proceeds of Rs 19.1 billion (USD 225 million) have been used to acquire 1.7 billion equity shares in Vodafone Idea Limited through a preferential allotment of shares (a "Capital Raise"), increasing Vodafone's shareholding in Vi to 24.39

Vodafone

The Centre on Friday released tax devolution of Rs 1.73 lakh crore to the state governments to accelerate capital expenditure and finance welfare activities.
"A higher amount is being devolved this month to enable states to accelerate capital spending and finance their development and welfare-related expenditures," the finance ministry said in a statement.
The Union government has released tax devolution of Rs 1,73,030 crore to state governments on Friday, as against the devolution of Rs 89,086 crore in December 2024, the ministry added.
Currently, 41 per cent of taxes collected by the Centre is devolved in instalments among states during a fiscal year.

Cash, money, debt, lending, loans, currency, rupee

Prime Minister Narendra Modi asserted on Sunday that the capabilities of India's young population will power the country's rise to becoming developed.
Addressing the Viksit Bharat Young Leaders Dialogue here, he said some people may find the goal of India becoming developed difficult but it is not impossible.
No power can stop India from becoming a developed country if the spirit of 'Viksit Bharat' guides its every step, policy and decision, he said, highlighting the strength and numbers of the country's young population.
"Big targets have to be set for a country to march forward... This is what today's India is doing," Modi said, adding that the country is accomplishing numerous goals in different sectors ahead of time.
India has set the target of 20 per cent ethanol blending in petrol by 2030 and will meet the goal before that, he said.
The prime minister added that the government alone cannot drive the country forward and told youngsters drawn from across the country that the .

Modi, Narendra Modi

Free speech shouldn't be curtailed merely for conveying misinformation or expressing unpalatable or hateful opinions. It should be limited only when it has the potential to cause harm

fact check

Infosys, which filed this suit in the Northern District of Texas, has requested a jury trial and demanded triple the damages it claims to have suffered

Infosys countersues Cognizant

The Prayagraj Railway Division has designed a specific action plan for each station ahead of Makar Sankranti, Jan 14. Ahead of the festival, the division will run approx 13K trains on Maha Kumbh 2025

Kumbh Mela

Delhi Chief Minister Atishi on Monday led a rally before filing her nomination papers for the upcoming Vidhan Sabha elections from Kalkaji constituency.
Before commencing her rally, Atishi, accompanied by AAP leader Manish Sisodia, visited Gurudwara Shri Guru Gobind Sahib in Giri Nagar. Earlier in the day, she offered prayers at the Kalkaji Temple, dedicated to Maa Kali, seeking blessings for her campaign.
"Before filing my nomination today, I came to seek the blessings of Maa Kali at the Kalkaji Temple. I believe Maa Kalka's blessings will always remain with me, the Aam Aadmi Party, and the people of the Kalkaji constituency," she told reporters.
Reflecting on her work in the area, Atishi said she has , "I have worked tirelessly in my constituency for the last five years. The people of Kalkaji are my family, they see me as their daughter and their sister. I am not just a representative, I am a part of their lives."
Taking a jibe at the BJP, she accused the party of being anti-poor

Atishi marlena, Atishi, Delhi CM

Jan Suraaj party founder Prashant Kishor on Monday claimed that Bihar Governor Arif Mohammad Khan has assured of taking steps to find a solution to the BPSC examination row.
Addressing a press conference here, Kishor said a delegation of BPSC aspirants will visit the Raj Bhavan in the afternoon to apprise the governor about the matter.
The 70th Combined Competitive Examination held on December 13 has been in the eye of a storm over allegations of question paper leak, which has been denied by the BPSC, though a fresh test was ordered for more than 12,000 candidates.
Respected Bihar Governor has taken the initiative and assured that efforts will be made to find a solution to the issue involving the recently concluded BPSC exam. Steps will also be taken to hold a dialogue between the government and the protesting aspirants. This has been assured by the governor. An 11-member delegation of BPSC aspirants will meet the governor in this regard, he said.
Kishor also asserted that he would

Prashant Kishore, Prashant

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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Maha Kumbh: Prayagraj Railways has special action plan for Makar Sankranti

Delhi CM Atishi leads rally before filing her nomination from Kalkaji

Bihar Guv assured us of taking steps to resolve BPSC row: Prashant Kishor

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Stock Market LIVE: Sensex 1,050 pts lower at 76,300, Nifty at 23,050; BSE Mid, SmallCap drop 4%

Centre likely to save over Rs 70,000 crore on expenditure in FY25

Ahead of Feb policy, RBI guv Malhotra to meet bank chiefs on Thursday

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