Page 63 - Latest News
Panchayati Raj has played key role in empowering women: President Murmu
President Droupadi Murmu was addressing a group of Scheduled Tribe women representatives of the Panchayati Raj Institutions, who had called on her at the Rashtrapati Bhavan Cultural Centre
 "Panchayati Raj has played key role in empowering women: President Murmu")
Harris oversaw Trump's certification 4 yrs after he sparked Capitol attack
In a video message released in the morning, Harris described her role as a sacred obligation to ensure the peaceful transfer of power
 "Harris oversaw Trump's certification 4 yrs after he sparked Capitol attack")
US Congress certifies poll results making way for Trump's swearing-in
Harris, 60, presided over the ceremonial function of the joint session during which votes from each of the states were tallied and certified during the ceremony that lasted for about 45 minutes
 "US Congress certifies poll results making way for Trump's swearing-in")
Indian bond-index inflows may fall short of estimate, says Morgan Stanley
India currently has a weight of 7% in the JPMorgan gauge, and that's expected to rise to the maximum of 10% by March
 "Indian bond-index inflows may fall short of estimate, says Morgan Stanley")
Best of BS Opinion: A paper cut and a pause, the price of ignored lessons
Here are the best of Business Standard's opinion pieces for today
 "Best of BS Opinion: A paper cut and a pause, the price of ignored lessons")
Flat benchmark yields to weigh on banks' treasury gains in Q3FY25
While a softening of yields was observed on expectations of a rate cut, yields climbed again, tracking the rise in US Treasury yields
 "Flat benchmark yields to weigh on banks' treasury gains in Q3FY25")
CRI Pumps bags Rs 754 crore deal from MSEDCL, to supply 25,000 solar pumps
With this empanelment, CRI Pumps is poised to play a pivotal role in promoting the adoption of renewable energy solutions, powering Maharashtra's agricultural landscape
 "CRI Pumps bags Rs 754 crore deal from MSEDCL, to supply 25,000 solar pumps")
US cos rush to bond mkt in fundraising flurry, may raise $65 bn this week
Syndicate bankers expect to see companies raising nearly $65 billion this week, and perhaps as much as $200 billion this month, in a bond issuance spree that is showing no sign of slowing
 "US cos rush to bond mkt in fundraising flurry, may raise $65 bn this week")
2023 income inequality exceeded 1950s levels in India, says report
The Gini coefficient measures the extent to which the distribution of income among individuals or households within an economy deviates from a perfectly equal distribution
 "2023 income inequality exceeded 1950s levels in India, says report")
Govt considers fresh subsidies worth $3 bn, tariff cuts for electronics
The Ministry of Electronics and IT proposed giving manufacturers of components like batteries and camera parts at least Rs 23,000 crore ($2.7 billion) in support
 "Govt considers fresh subsidies worth $3 bn, tariff cuts for electronics")
Demand buoyancy pushes services PMI to 4-month high of 59.3 in December
The higher demand supported output growth and prompted firms to recruit additional workers
 "Demand buoyancy pushes services PMI to 4-month high of 59.3 in December")
Weak aircraft demand causes US factory orders to fall in November
There were also decreases in orders for computers and electronic products, and fabricated metal products. But orders for machinery rose as did those for primary metals as well as electrical equipment
 "Weak aircraft demand causes US factory orders to fall in November")
Alphabet to bring Gemini AI to TV sets running on Google operating system
Gemini upgrade, due to roll out later this year, will allow users to hold back-and-forth conversations with third-party TVs without the need to use the "Hey Google" trigger phrase for each command
 "Alphabet to bring Gemini AI to TV sets running on Google operating system")
More than 4 out of 10 users earn dividends, says Cred Money report
At a median level, users earn dividends about ten times annually. Banking activity includes 116 P2P banking transactions against 318 outgoing payments, Cred Money data shows
 "More than 4 out of 10 users earn dividends, says Cred Money report")
Railways ministry spends 76% of FY25 capital expenditure by December
The ministry has spent Rs 1.91 trillion from the gross budgetary support, Rs 824 crore from external resources, and Rs 8,733 crore from extra-budgetary resources on infrastructure creation
 "Railways ministry spends 76% of FY25 capital expenditure by December")
CERC rejects SECI's first battery storage project over two-year delay
SECI which is the renewable energy project tendering agency under the aegis of the Ministry of New and Renewable Energy awarded this project in 2022
 "CERC rejects SECI's first battery storage project over two-year delay")
EMO Energy raises $6.2 million in Series A led by Subhkam Ventures
The company will utilise the raised funds to scale its two-wheeler energy solution to over 1 lakh vehicles over the next two years while advancing the deployment of 1 GWh of energy storage
 "EMO Energy raises $6.2 million in Series A led by Subhkam Ventures")
Freight rates up 11% in two weeks over Christmas and New Year rush
Global volatility has impacted container trading rates for Indian ports as well
 "Freight rates up 11% in two weeks over Christmas and New Year rush")
Industry leaders seek affordable housing, duty relief at pre-Budget meet
The housing and infrastructure sectors were represented by leaders such as Hiranandani Group, Afcons, L&T, and GMR Group
 "Industry leaders seek affordable housing, duty relief at pre-Budget meet")
Disney, Fox, Warner Bros drop Venu Sports appeal after Fubo merger deal
Fubo in a statement on Monday said it has settled all litigation with Disney and ESPN related to Venu, and also settled all litigation with Fox and Warner Bros Discovery
 "Disney, Fox, Warner Bros drop Venu Sports appeal after Fubo merger deal")
