Federal Reserve

The Fed has entered the last mile of its fight against inflation. With its credibility at stake, it must not flinch before it reaches the finish line

The Fed should not cut interest rates yet

Business Standard

us inflation

The Fed must peer through the murk and assess which direction the economy is heading

What soft landing?

Bangladesh's interim government on Monday said it has sent a diplomatic note to New Delhi seeking the extradition of deposed prime minister Sheikh Hasina from India, a move that may further strain the ties between the two countries.
India confirmed receiving the 'note verbale' or diplomatic communication from the Bangladesh high commission in New Delhi but refrained from making any comment on it.
Bangladesh's de facto foreign minister Touhid Hossain said Dhaka wants Hasina back to face the judicial process.
"We have sent a note verbale to the Indian government saying that Bangladesh wants her back here for the judicial process," Hossain told reporters in Dhaka.
In New Delhi, External Affairs Ministry spokesperson Randhir Jaiswal said: "We confirm that we have received a Note Verbale from the Bangladesh High Commission today in connection with an extradition request."
"At this time, we have no comment to offer on this matter," he said in response to a question.
Hasina, 77, has bee

Sheikh Hasina

Bangalore (Karnataka) [India], December 23: Forensic Science has become an indispensable part of modern judicial systems, combining science and technology to uncover truths and solve crimes. JAIN (Deemed-to-be University), School of Sciences, Bangalore, offers two advanced programs: Bachelor of Science (Honours / Honours with Research) in Applied Forensic Science with CSoFS-UK and Bachelor of Science (Honours / Honours with Research) (for Professional Courses) in Forensic Science. These meticulously crafted programs cater to students aspiring to revolutionise crime investigation and pursue rewarding careers in the field.

Empowering Future Forensic Scientists: JAIN (Deemed-to-be-University)\'s Trailblazing Forensic Science Programs

New Delhi [India], December 23: In just a year, Arnifi has reached an incredible milestone: helping over 150 businesses establish their roots across seven global markets. This achievement isn't just a number--it reflects Arnifi's dedication to make business growth simpler, smoother, and more accessible for entrepreneurs and enterprises.

150+ Business Setups: How Arnifi is Powering Global Expansion for Leading Brands

Mumbai (Maharashtra) [India], December 23: The Data Security Council of India (DSCI) has partnered with Privy by IDfy to launch PriView, a free-to-use tool that generates privacy notices for companies. It simplifies the process of generating and customizing clear and privacy-compliant notices.

DSCI collaborates with Privy to launch PriView, a DPDP-focused privacy notice generator

Bengaluru (Karnataka) [India], December 23: Jain University, in collaboration with Jain School of Design and Shantamani Kala Kendra, successfully commenced the JU 2024 National Art Exhibition and Camp, a groundbreaking initiative celebrating the transformative power of art. The camp is underway at 24 Divine Live Art Gallery, School of design, media and creative arts, JAIN (Deemed- to-be- University), Bengaluru from 22nd to 24th December.

JU 2024 National Art Exhibition and Camp Kicks Off at Jain University

Markets Today LIVE: Indian benchmark equity indices were likely headed for a strong start, after lower-than-expected core inflation reading in the US boosted Wall Street shares there

Stock Market, Market, Crash, Funds, up, Stock, Gain, Lost, decline, statistic, Crisis, Capital, BSE, NSE

Aegis Logistics has seen a strong spurt in price and volumes in the last trading session from the cluster of its significant EMAs on the daily chart

Market, BSE, NSE, NIfty, Stock Market, investment

FinMin says some changes may take effect from April

CGST Act set to see key amendments in Budget session

Experts fear that Indian exporters might have to pay higher duties while exporting pharmaceuticals, textiles, chemicals, and engineering goods

In 2018, as the President of the United States, Donald Trump called India the “tariff king”, citing the high import duties (100 per cent at that time) on Harley Davidson bikes, but also saying the Indian government was ready to reduce it.

"This is a national tragedy, violating the spirit of the Good & Simple Tax the GST was meant to be," says former chief economic adviser Arvind Subramanian

popcorn

Food safety regulator FSSAI has ordered licensed food manufacturers and importers to submit quarterly data on rejected and expired food items through its online compliance system FOSCOS to prevent their resale for human consumption.
The Food Safety and Standards Authority of India (FSSAI) directive, issued on December 16, also applies to repackers and relabellers.
The new reporting requirements cover three key areas: quantity of products failing internal quality testing or inspection; volume of expired or returned products from the food supply chain; and detailed records of product disposal, including destruction, auction, or alternative use, with specific buyer and waste disposal agency information.
The move is aimed at preventing rebranding and resale of expired and rejected food items for human consumption under the guise of cattle feed.
This initiative will enable real-time tracking of rejected or expired goods and their subsequent disposal or auction for non-human consumption 

FSSAI

Telangana on Friday urged the Centre to simplify the Income Tax slabs and reduce corporate tax rates to enhance ease of doing business.
In his speech at the pre-Budget meeting of the Union Finance Minister Nirmala Sitharaman at Jaisalmer, Rajasthan, Telangana Deputy Chief Minister Mallu Bhatti Vikramarka said streamlining IT and GST filing processes is vital as these processes currently consume weeks for mid-sized and large businesses.
Expanding the tax base through digital tracking of financial transactions and encouraging voluntary compliance are also key measures, he opined.
"Reforms to the Income Tax Act are a welcome step. India's current tax system is complex, leading to compliance burdens for individuals and businesses alike. Telangana urges simplification of tax slabs and reduction of corporate tax rates to enhance ease of doing business," Bhatti said.
Telangana supports a realistic fiscal deficit target of 4.5 per cent of GDP to sustain momentum in infrastructure and ...

Telangana financial budget

Companies typically avoid December due to concerns about limited participation from foreign portfolio investors during the year-end holiday period

Carraro India's initial public offer got subscribed 9 per cent on the first day of share sale on Friday.
The initial share sale of the manufacturer of transmission systems for off-highway vehicles and other agricultural and construction equipment, received bids for 11,24,277 shares against 1,30,98,803 shares on offer, as per NSE data.
Retail Individual Investors (RIIs) portion mopped up 15 per cent subscription while the category for non-institutional investors received 6 per cent subscription.
Carraro India Ltd on Thursday said it has garnered Rs 375 crore from anchor investors.
The issue, with a price band of Rs 668-704 per share, will conclude on December 24.
Carraro India's IPO is completely an offer for sale (OFS) of shares worth Rs 1,250 crore by Carraro International SE, with no fresh issue component, according to the red herring prospectus.
Since the entire issue is an OFS, all the proceeds from the IPO will go directly to the selling shareholder, rather than the ...

IPO rush, market

During the insolvency process, the resolution professional had admitted the claims of these four entities as lenders

Supreme Court, SC

Delhiites continued to breathe toxic air as the air quality on Friday remained in the severe category, with the 24-hour average Air Quality Index (AQI) of 429.
The predominant pollutant was PM2.5, the fine particulate matter that poses serious health risks, as they can penetrate deep into the lungs and enter the bloodstream.
Of the 36 monitoring stations across the city, 14 reported air quality in the 'Severe Plus' category, with AQI readings above 450.
The remaining stations recorded AQI levels in the 'Severe' range, between 401 and 450.
These levels signify a significant deterioration in air quality, which is considered life-threatening for vulnerable populations such as children, the elderly, and those with respiratory or heart conditions.
The maximum temperature on Friday was 23 degrees Celsius, slightly warmer than the usual for this time of year.
The day started with a cool, misty morning and high humidity, which fluctuated between 95 per cent and 71 per cent throughout the

Flagging delay in implementation of stricter measures for checking the alarming rise in pollution, the Supreme Court on Monday asked states adjoining the Delhi-National Capital Region (NCR) to immediately set up teams to enforce graded response actio

Amid controversy over Home Minister Amit Shah's remarks on Ambedkar, Kejriwal launches Dr Ambedkar Samman Scholarship, pledging support for Dalit students pursuing studies abroad

Kejriwal, Arvind Kejriwal

The incident occurred on December 18, when the Indian Navy lost control while undertaking engine trials in Mumbai Harbour due to an engine malfunction

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Michael R Strain

Michael R Strain

The Fed should not cut interest rates yet

What soft landing?

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'No comment': Govt confirms getting Hasina's extradition note from B'desh

Empowering Future Forensic Scientists: JAIN (Deemed-to-be-University)'s Trailblazing Forensic Science Programs

150+ Business Setups: How Arnifi is Powering Global Expansion for Leading Brands

DSCI collaborates with Privy to launch PriView, a DPDP-focused privacy notice generator

JU 2024 National Art Exhibition and Camp Kicks Off at Jain University

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Stock Market Highlights: Benchmarks end 5-day losing streak; Sensex soars 498pts, Nifty above 23,750

Osho Krishan of Angel One recommends buying these two stocks on Dec 23

GST Council paves way for CGST Act amendments during Budget session

India under pressure as Trump vows action on tariffs and trade deficit

Separate rate for caramelised popcorn draws criticism from economists