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Companies

Expect India to keep doing well irrespective of geopolitics: GIC executives

Kim and Sood says they are bullish on infrastructure, consumer, technology, and healthcare sectors, and see opportunities in Indian despite global uncertainties

Updated On: 06 Mar 2025 | 12:37 AM IST

FMCG distributors file petition with CCI against Blinkit, Zepto, Instamart

Quick commerce companies are indulging in practices of deep discounts and exclusive supply/distribution agreements, thereby engaging in unfair pricing and affecting the competition, the petition said

Updated On: 05 Mar 2025 | 10:54 PM IST

MCA looks to simplify M&A rules, seeks inputs from other ministries

"We are in the process of doing a stakeholder discussion. Currently, the talks are being held with other ministries. We will finalise our proposal thereafter," a MCA senior official said

Updated On: 05 Mar 2025 | 10:49 PM IST

Elon Musk's Tesla enters Indian market with showroom in Mumbai's BKC

According to the registration documents provided by CRE Matrix, a real estate data analytics firm, Tesla's new showroom is in Maker Maxity, with a rental of Rs 35 lakh per month

Updated On: 05 Mar 2025 | 10:43 PM IST

PSMC 'working' to bring semiconductor fab construction companies to India

PSCM, which has partnered with Tata Group to build the country's first semiconductor chip manufacturing facility at Dholera in Gujarat, is collaborating with the latter on multiple fronts, Chu said

Updated On: 05 Mar 2025 | 10:40 PM IST

Zerodha founder Nithin Kamath named EY entrepreneur of the year 2024

Kamath will represent India at EY World Entrepreneur Of The Year Award (WEOY) in Monte Carlo to be held in June 2025

Updated On: 05 Mar 2025 | 9:28 PM IST

Aiming for 100% PC manufacturing in India in next 3 years: Lenovo

Lenovo India Managing Director Shailendra Katiyal said that of the total PC sales in India, the company manufactured 30 per cent locally, and will hit 50 per cent next year

Updated On: 05 Mar 2025 | 9:04 PM IST

Kandhari Global is open to buying out more bottling plants from HCCB

The company is currently in the process of acquiring HCCB's plant in Northern Gujarat, (Sanand) which is reportedly being bought out for around Rs 2,000 crore

Updated On: 05 Mar 2025 | 9:04 PM IST

Brookfield sells 1.6 GW India renewables portfolio to Gentari Renewables

The transaction, structured in two phases, has already seen the completion of the first phase, which involved the sale of 1 GW of operating assets, the alternative asset manager said in a statement

Updated On: 05 Mar 2025 | 5:38 PM IST

Economy

EU firms want removal of non-tariff barriers as part of FTA deal with India

The Survey provides an outlook and overview of evolving EU-India bilateral trade and investment ties as well as offers an insight into the opportunities and challenges faced by European businesses

Updated On: 05 Mar 2025 | 11:47 PM IST

Private investments may drop below 11% of GDP, says India Ratings

Private investment likely to fall further after hitting three year low in FY24, says India Ratings

Updated On: 05 Mar 2025 | 11:31 PM IST

60 Gw worth of renewable energy projects face connectivity troubles

Delay in transmission connectivity, expiry of ISTS waiver looming fears for the industry

Updated On: 05 Mar 2025 | 11:26 PM IST

No reciprocal tariff reprieve for India, signals Trump in address to Cong

Analysts say possible measures by US could cost India $7 bn a year

Updated On: 05 Mar 2025 | 11:10 PM IST

70% women workforce participation by 2047 key to Viksit Bharat: Labour secy

Dawra also highlighted the significant strides made by women in India's economic landscape

Updated On: 05 Mar 2025 | 10:34 PM IST

IRFC to now venture into metro projects, says CMD & CEO Manoj Dubey

Will increase NIMs with non-rail funding, project refinancing

Updated On: 05 Mar 2025 | 10:17 PM IST

Cabinet okays Rs 6.8K cr ropeway projects for Hemkund Sahib, Karnaprayag

On concerns regarding possible environmental damage by the project, the minister added that all relevant stakeholders have been consulted, only after which the project has been approved

Updated On: 05 Mar 2025 | 8:52 PM IST

Uttar Pradesh govt's market borrowings may reach Rs 6.43 trn in FY26

The country's federal policy think tank NITI Aayog has ranked UP among the front runners in the fiscal health index of states

Updated On: 05 Mar 2025 | 7:45 PM IST

Finance

I-T notices: High-value expenses must sync with bank withdrawals, e-txn

Tax experts say that when declared income is high but bank withdrawals are minimal, it raises concerns about unreported cash transactions

Updated On: 05 Mar 2025 | 11:15 PM IST

RBI announces Rs 1 trn bond buy, $10 bn $-Re swap to infuse liquidity

The central bank announced open market operations (OMO) auctions to purchase government securities worth Rs 1 trillion in two tranches of Rs 50,000 crore each on March 12 and March 18

Updated On: 05 Mar 2025 | 11:15 PM IST

RBI-Fintech meet: Malhotra emphasises on need for ensuring compliance

He also emphasised that the RBI values such interactions with ecosystem participants and would continue to adopt a consultative approach

Updated On: 05 Mar 2025 | 10:20 PM IST

Deposit insurance cover hike may dent banks' net profit up to Rs 12K cr

While the proposed increase in the deposit insurance limit is not known, under various scenarios, the insured deposit ratio (IDR) may increase to 47.0-66.5 per cent

Updated On: 05 Mar 2025 | 8:08 PM IST

Securitisation volumes likely to touch Rs 60,000 crore mark in Q4FY25

The volumes are typically higher in Q4 because many banks are interested in acquiring PSL assets to meet regulatory norms, apart from the pickup of microfinance disbursements

Updated On: 05 Mar 2025 | 7:40 PM IST

Rupee records highest single day gain in three weeks; settles at 86.96

The dollar index dropped 0.6 per cent to 104.9, its lowest level since November 2024, amid concerns over the US growth outlook and uncertainty about the impact of trade tariffs on growth and inflation

Updated On: 05 Mar 2025 | 7:37 PM IST

Individual housing finance market to grow to Rs 77-81 trn by FY30: Report

The residential properties market remains buoyant, a key driver of the housing finance industry, with an absolute growth of 74 per cent since calendar year (CY) 2019

Updated On: 05 Mar 2025 | 7:01 PM IST

Darwinbox secures $140 million investment from Partners Group, KKR

The investment aims to accelerate the company's international expansion and enhance its technology capabilities

Updated On: 05 Mar 2025 | 4:59 PM IST

Opinion

Pollsters continue missing the mark: Why election forecasts go wrong

Surprisingly, even many exit polls have been off the mark in recent years. Opinion polls conducted before balloting suffer from the problem of surveying people who may not vote on polling day

Updated On: 06 Mar 2025 | 12:13 AM IST

India's high-income goal by 2047 needs faster growth, policy push

Enhancing productivity through innovation and technology infusion is critical. India must facilitate technology transfer, improve ease of doing business, and incentivise research and development

Updated On: 06 Mar 2025 | 12:10 AM IST

Trump's global shake-up: Tariffs, alliances, and economic turmoil

That world order, which emerged after World War II, is now being dismantled despite continuing American pre-eminence - not by opposing powers, but by an American President who thinks the world

Updated On: 06 Mar 2025 | 12:09 AM IST

Donald Trump's 'reciprocal tariffs' agenda raises global economic fears

From the thickets of alternative facts, Maga (Make America Great Again) tropes, inflated claims, and theatrical asides involving invitees in the gallery, two signals emerged from Mr Trump's address

Updated On: 05 Mar 2025 | 11:59 PM IST

Markets

Defensive sector weightage in Nifty 50 declines to 15 year low of 25.3%

Underperforms in falling market for first time in over 20 years

Updated On: 05 Mar 2025 | 11:13 PM IST

Cement prices see three-month rise; dealers optimistic about future

Average pan-India cement prices are about 2-2.5 per cent higher compared to the October-December quarter of 2024-25 (Q3FY25)

Updated On: 05 Mar 2025 | 11:05 PM IST

Coforge shares rise 8.4% on record deal, acquisition, stock split

The intraday rise, one of the highest for the mid-tier IT services company, came on a day when the broader BSE Information Technology index also rose 2 per cent

Updated On: 05 Mar 2025 | 11:04 PM IST

Do foreign investors not pay capital gains tax in other countries? Not true

Capital outflows are near their highest-ever figure in India; a debate has raged over whether capital gains tax in India contributed to foreign investor outflows

Updated On: 05 Mar 2025 | 11:00 PM IST

India's share in global market capitalisation declines below 3%

The decline can be attributed to a resurgence in Chinese equities and a massive erosion of over $1 trillion in India's market capitalisation

Updated On: 05 Mar 2025 | 10:58 PM IST

Stock market: Nifty Metal index logs biggest jump in nine months

The world's second-largest economy consumes almost half of the global metals supply. As a result, China's economic outlook has a significant impact on metal prices

Updated On: 05 Mar 2025 | 10:56 PM IST

Nifty snaps 10-day losing streak, gains 1.2% to close at 22,337 points

The Sensex also gained 1.01 per cent to 73,730, and the total market capitalisation of the BSE-listed firms rose by ₹8 trillion to ₹393 trillion

Updated On: 05 Mar 2025 | 10:53 PM IST

Technology

AI's 'hedonistic' machines earn Barto, Sutton top computer science prize

Two pioneers in the field of reinforcement learning, Andrew Barto and Richard Sutton, are the winners of this year's A M Turing Award, the tech world's equivalent of the Nobel Prize

Updated On: 05 Mar 2025 | 10:50 PM IST

Quantum technology has risks of strategic blind spots: NITI Aayog

NITI Aayog announced the launch of Frontier Tech Hub which will accelerate India's transition into a frontier tech nation

Updated On: 05 Mar 2025 | 10:32 PM IST

Budget

India's urban population set to reach 900 mn by 2047, says PM Modi

Modi also highlighted the government's initiatives in education, such as the new National Education Policy (NEP), expansion of Indian Institutes of Technology (IITs)

Updated On: 05 Mar 2025 | 10:10 PM IST

Politics

Cong forms assets dept, names ex-MP Vijay Inder Singla as in-charge

The Congress on Wednesday constituted a new department to take care of its assets and properties across the country and appointed Vijay Inder Singla as its in-charge. Singla is also the joint treasurer of the Congress party, along with senior party leader Ajay Maken. Singla is a former Punjab minister and also a former MP from Sangrur in Punjab. "Congress president has constituted a new AICC department to oversee the Congress party's assets and properties across the country and has appointed Vijay Inder Singla as the AICC in-charge of the department with immediate effect. He will also continue as the joint treasurer of the AICC," a statement from AICC general secretary, organisation, K C Venugopal said. Congress chief Mallikarjun Kharge, during the inauguration of the new party headquarters at Indira Bhawan, had urged party leaders to take legal recourse to take back properties that were in the possession of the Congress when the first split took place. He also urged party leaders

Updated On: 05 Mar 2025 | 11:52 PM IST

RSS top body meet to discuss 'Hindu awakening', centenary plans from Mar 21

An analysis of the prevailing scenario in the country, including the issue of "Hindu awakening", is on the agenda of a three-day meeting of the Akhil Bharatiya Pratinidhi Sabha, the highest decision-making body of the RSS, that is scheduled to begin in Bengaluru from March 21. The meeting will also prepare a framework of various programmes and campaigns to be taken up this year and review the progress made on the work that was expected to be completed in the run-up to the centenary year of the Rashtriya Swayamsevak Sangh (RSS), the organisation said in a statement. The RSS will complete 100 years of its foundation on Vijayadashami (Dussehra) this year. In a statement, Akhil Bharatiya Prachar Pramukh of the RSS Sunil Ambekar said the meeting of the Akhil Bharatiya Pratinidhi Sabha will be held in Bengaluru from March 21 to March 23. The meeting will be held on the premises of the Janseva Vidya Kendra located at Channenahalli. Ambekar said the annual report of the RSS for 2024-25 wil

Updated On: 05 Mar 2025 | 11:51 PM IST

LS delimitation: Tamil Nadu CM Stalin moots Joint Action Committee of MPs

Tamil Nadu Chief Minister M K Stalin on Wednesday proposed a Joint Action Committee comprising MPs and party representatives from southern states at an all party meeting on Lok Sabha seats delimitation here. Moving a resolution, Stalin said that in the event of increase in the number of seats in Parliament, 1971 Census should be the basis for it. Also, the 1971 Census should be basis for delimitation of LS seats for 30 years from 2026, he asserted. The all party meeting is expected to pass a resolution on the issue of delimitation. Principal opposition party AIADMK, the Congress and Left parties, actor-politician Vijay's TVK among others attended the meeting which was boycotted by the BJP, Tamil nationalist Naam Tamilar Katchi (NTK) and former union minister GK Vasan's Tamil Maanila Congress (Moopanar). The ruling DMK has been staunchly opposing the delimitation exercise, with party president and chief minister Stalin claiming it will lead to reduced LS seats in TN. He has wondered

Updated On: 05 Mar 2025 | 11:50 PM IST

India News

More than a language debate: NEP needs to focus on funds, quality

Among the five states that allocate the highest proportion of their total expenditure to education, Bihar and Rajasthan stand out

Updated On: 06 Mar 2025 | 12:03 AM IST

Strengthen NDCs, int'l cooperation to reduce climate change effects: Yadav

This comes as global temperatures continue to rise. After 2024, January was the warmest month on record, with temperatures 1.75°C higher than pre-industrial levels

Updated On: 05 Mar 2025 | 8:56 PM IST

Industry

Tesla entering India with much fanfare but latter a challenging mkt for EVs

The potential impact on domestic EV manufacturers, government policies, and the broader market also remain subjects of speculation

Updated On: 06 Mar 2025 | 12:36 AM IST

ISPRL evaluating bids to build 2nd SPR phase at Karnataka's Padur

Rs 5,500 cr Budget provision for ISPRL could be diverted to building SPR facilities or cater to fuel subsidies because India's storages are nearly full

Updated On: 05 Mar 2025 | 11:58 PM IST

Return of winter chill may benefit wheat crop, prices ruling above MSP

Some parts of northern India, including states such as Haryana, saw unseasonal rains and hailstorms in the last few days, damaging the standing crop in some areas

Updated On: 05 Mar 2025 | 11:48 PM IST

Eliminate import duty on drugs from US: Pharma exporters to Centre

The exporters' worry is understandable as the US is the largest export market for Indian pharma accounting for 31.35 percent of India's overall pharma exports worth $27.8 bn

Updated On: 05 Mar 2025 | 11:46 PM IST

Mahanadi Coalfields to retain Coal India's top spot in production

Till FY21, SECL was CIL's largest coal producing company. The output, however, dropped to 142.5 MT in FY22, only to be overtaken by MCL with coal production of 168.2 MT

Updated On: 05 Mar 2025 | 11:42 PM IST

India's full mkt potential of digital ecosystem long way to harness: Report

Geographical divide between urban and rural India far sharper than gender divide, it says

Updated On: 05 Mar 2025 | 10:31 PM IST

State to focus on building social infra around semicon units: Gujarat CM

The country has so far attracted investment worth $18 billion under the first phase of ISM, he said

Updated On: 05 Mar 2025 | 9:22 PM IST

India's smartphone shipments slips by 9.7% in January 2025, says IDC

This slowdown comes on the back of slow growth in Q4CY24. The fourth quarter of CY2024 saw a dip of 3 per cent, with shipments of 36 million units

Updated On: 05 Mar 2025 | 9:03 PM IST

Telecom operators hit back at DoT, Trai on service authorization plans

Say Trai's role may get diluted, satco, OTT concerns unmet

Updated On: 05 Mar 2025 | 8:43 PM IST

Ultraviolette hits the gas, to come out with 10 new e 2-wheelers in 3 years

At present they can make 10,000 two-wheelers a year, easily scalable up to 30,000 units a year in three shifts

Updated On: 05 Mar 2025 | 7:36 PM IST

Book

Rethinking India's BIT framework: A balancing act for investment growth

The book broadly outlines investors' perceptions to International Investment Agreements (IIAs) to attract FDI

Updated On: 06 Mar 2025 | 12:35 AM IST

World News

Euro rallies as Germany's historic debt overhaul boosts growth outlook

Germany's bond yields surged as investors digested the additional borrowing expected to back the debt overhaul

Updated On: 05 Mar 2025 | 10:41 PM IST

China to adopt policies for ageing population, aim to boost birth rates

China's population fell for a third consecutive year in 2024, as marriages plummeted by one-fifth

Updated On: 05 Mar 2025 | 10:03 AM IST

Trump lays out 'America First' plan: Tariffs, taxes, border control, gender

Donald Trump US Congress address: The President said his administration has done more in the 43 days than most administrations accomplished in four years or eight years

Updated On: 05 Mar 2025 | 8:23 AM IST

External Affairs Defence Security

MoD to expand competitive bidding for defence procurement: Defence Secy

As part of its 'Year of Reforms' agenda, the Ministry of Defence will enhance ease of doing business, streamline export approvals, and address procedural challenges for private firms

Updated On: 05 Mar 2025 | 11:22 PM IST