China's decision to devalue its currency is aimed at creating a more flexible exchange rate mechanism that will enable the renminbi's admission into the IMF'S SDR basket. It will also boost President Xi's market-oriented reforms

Arthur Kroeber: A step towards financial liberalisation

Business Standard

China's short-term economic growth outlook is mediocre at best, and another year or two of deceleration is all but unavoidable. Does President Xi have the single-mindedness to bring it back on track?

Arthur Kroeber: One China, three worries

Hyderabad (Telangana) [India], December 27: In a significant development, the National Company Law Tribunal (NCLT) has approved the resolution plan submitted by Sangamam Power Projects, a leader in sustainable energy solutions, to acquire Karvy Data Management Services Limited (KDMSL) and its subsidiaries. Karvy Innotech Limited (KITL) and Karvy Renewable Energy Projects Limited (KREPL). The order, delivered by a bench comprising Justice Dr Venkata Ramakrishna Badarinath Nandul and Shri Charan Singh, marks the conclusion of KDMSL's Corporate Insolvency Resolution Process, which began in September 2023.

Sangamam Power Projects to Retain 1200 Employees of Karvy Data Management Services Limited

Bangalore (Karnataka) [India], December 27: Economics lies at the heart of every thriving society, driving decision-making, resource allocation, and policy formulation. If you're passionate about understanding the forces shaping global economies, the BA Economics Honours program at JAIN (Deemed-to-be University), School of Humanities and Social Sciences, Bangalore, is your gateway to a transformative career. Recognized among the top BA Economics colleges in Bangalore, this program is designed to nurture analytical minds and equip students with cutting-edge knowledge.

Empowering Future Economists: BA Economics Honours at JAIN (Deemed-to-be University)

New Delhi [India], December 27: Canara HSBC Life Insurance has unveiled its latest brand campaign, designed to resonate with the evolving aspirations of modern consumers who seek financial solutions that break away from traditional norms. Featuring the widely admired actor Varun Sharma, the latest series of ad films from Canara HSBC Life Insurance uses engaging storytelling, humor, and relatable scenarios to highlight the diverse financial goals of today's individuals and families.

Canara HSBC Life Insurance unveils new brand campaign, underscores solutions tailor-made for the financial aspirations of modern consumers

Jaishankar is currently on an official visit to the US. During his visit, he met India's Ambassador to US, Vinay Kwatra and Consul Generals based in New York, Chicago, San Francisco, Seattle, Houston

S Jaishankar, Jaishankar, Antony Blinken, Blinken

Spot gold fell 0.3 per cent to $2,625.78 per ounce, as of 1100 GMT. Bullion has gained 0.2 per cent so far this week. US gold futures were down 0.5 per cent to $2,641.30

Gold, Gold price, Gold rate

Dr Singh, 92, was admitted to Aiims Delhi's emergency ward late Thursday and had been battling health issues for a while

Manmohan Singh

Manmohan Singh, a pioneering economic administrator and India's third-longest-serving PM, leaves behind a legacy of economic reforms, policy pragmatism, and unwavering dedication to public service

In its monthly economic review, the Finance Ministry cited the RBI's monetary policy stance among the reasons for the slowdown in the first half of FY25

A Member of the Rajya Sabha from 1991 until April 2024, Singh served as Leader of the Opposition from 1998 to 2004

Stock Market Highlights, Friday, December 27, 2024: The benchmark equity indices ended the week's last trading session in positive territory

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

Congress leader Rahul Gandhi spoke to people at a neighbourhood market in Delhi on how the price of items, like garlic, peas, etc are straining household budgets

Rahul Gandhi

International Financial Services Centres Authority (IFSCA) has issued advisories and warnings to FMEs that the unified regulator suspects could be operating

BJP and Congress clash over sand mining allegations, 'vote chor' slogans at municipal meeting over Dr Ambedkar's legacy and political allegations

The manufacturing facility of German truck manufacturer Daimler in Tamil Nadu, has received the Indian Green Building Council (IGBC) platinum certification under the latest version 2 standards for sustainability, the company said.
Daimler India, the subsidiary of Daimler AG, said out of the 31 factories, the state-of-the-art plant spread across 440 acres in neighbouring Oragadam has earned this recognition for its excellence in green manufacturing and sustainability.
"The IGBC Platinum Certification is more than just an accolade, it represents DICV's unwavering commitment to sustainability and innovation. This achievement goes beyond setting a benchmark for green manufacturingit underscores our responsibility to make a lasting, positive impact on both the environment and our community," Daimler India Commercial Vehicles Managing Director and CEO Satyakam Arya said, in a company statement on Tuesday.
The Oragadam factory serves as a model for sustainable industrial development, ...

Daimler Truck's new Innovation Centre to focus on green technology

Daimler Truck innovation & development center

At least 177 roads, including three national highways, were closed in Himachal Pradesh following snowfall in several districts, officials said on Tuesday.
Snowfall was recorded in the Kinnaur, Lahaul and Spiti and the higher reaches of Shimla, Kullu, Mandi, Chamba and Sirmaur districts.
A second consecutive day of snowfall has led to an increase in tourist inflow amid hope on a white Christmas.
Shimla Hotel and Tourism Stakeholders' Association president MK Seth told PTI that hotel occupancy in Shimla was at more than 70 per cent.
The snowfall led to a 30-percentage point increase in room bookings, he added.
About 174 roads and three national highways are closed and tourists in about 500 vehicles stranded near the Atal Tunnel were safely rescued till late on Monday, Additional Chief Secretary (Revenue and Disaster) Onkar Sharma told PTI Videos.
According to reports, four people died in accidents during the past 24 hours and several suffered injuries due to vehicles skidding at so

snowfall,snow

REER represents the inflation-adjusted, trade-weighted average value of a currency against its trading partners

Rs, Rupee, Indian Currency

The meeting was chaired by the Prime Minister and attended by Finance Minister Nirmala Sitharaman, Chief Economic Adviser V Anantha Nageswaran, and NITI Aayog officials

Prime Minister Narendra Modi with Finance Minister Nirmala Sitharaman during a discussion with economists in New Delhi on Tuesday | Photo: PTI

This initiative aims to prepare India's workforce for the quantum revolution, positioning the nation as a global leader

quantum technology

Delhi's women welfare and health departments warned the public against registrations for AAP's promised women and healthcare schemes, calling them non-existent and cautioning against potential fraud

Atishi marlena, Atishi, Delhi CM, Kejriwal, Arvind Kejriwal, Manish Sisodia, Manish

Nano urea sales dropped by a steep 43.2 per cent in FY24 from the previous year, despite production capacity rising by almost 59 per cent in that period

Arthur Kroeber

Arthur Kroeber

Arthur Kroeber

Arthur Kroeber: China's yuan devaluation is not a currency war

Arthur Kroeber: One China, three worries

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Sangamam Power Projects to Retain 1200 Employees of Karvy Data Management Services Limited

Empowering Future Economists: BA Economics Honours at JAIN (Deemed-to-be University)

Canara HSBC Life Insurance unveils new brand campaign, underscores solutions tailor-made for the financial aspirations of modern consumers

Jaishankar, Blinken review India-US partnership; focus on tech, trade

Gold set for weekly gains amid geopolitical uncertainty in West Asia

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Former PM Manmohan Singh, architect of modern India's economy, passes away

Manmohan Singh: Portrait of a technocrat as a practitioner of politics

Economic growth seen at 6.5% in FY25, RBI policy pushed down demand: FinMin

Manmohan Singh, India's reformist leader and former PM, passes away at 92

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