Page 7 - Latest News

Passive investments surge in 2024: Index fund folios double, ETFs up 40%

Index fund folios double; nearly 40% jump in ETF accounts

Rural, urban food spending rises amid inflation pressure, shows HCE report

Conversely, among non-food items, rural households reduced spending on medical care, education, rent, fuel, and durable goods

Farewell, Dr Singh: State funeral to be held at Nigambodh Ghat today

Draped in the tricolour, Singh's body was brought from AIIMS to the bungalow in Lutyens' Delhi that had been his home after he demitted the PM's office in 2014

Q2 FY25: Current account deficit at 1.2% of GDP; BoP surplus at $18.6 bn

The merchandise trade deficit increased to $75.3 billion in Q2 of 2024-25 from $64.5 billion during the same period last year

Credit and deposit grow at 11.5% in fortnight ending Dec 13: RBI data

Credit growth in the economy, which had previously been driven primarily by retail credit, has tapered off from its peak

Forex reserves decline by $8.4 billion of $644 billion as of Dec 20

The decline in reserves is due to both intervention and revaluation effects

RBI allows interoperability between PPIs like wallets for UPI payments

Currently, UPI payments are interoperable such that a user can use any TPAP to transfer funds

Offshore mineral auction: Polymetallic nodule resource gaps pose challenges

Construction sand is a crucial component for infrastructure development, used in making concrete, mortar, and other building materials

Ex-PM Manmohan Singh's timeline: The man who changed India's trajectory

The timeline shows the life of the Indian politician, academician, economist, and bureaucrat who served as the Prime Minister of India from 2004 to 2014

UltraTech to buy 8.69% stake in Meghalaya-based Star Cement for Rs 851 cr

Aditya Birla Group company to expand presence in East India with new acquisition

Air India to strengthen practices in 2025, become profitable: CEO

Wilson stated that the Group employs 30,000 people who help its two airlines fly over 60 million passengers annually to more than 100 destinations within India and internationally

Passengers claim hearing bangs before Azerbaijan plane crash that killed 38

Previous disasters include the shooting down of Ukraine International Airlines Flight PS752 in 2020 by Iran's traders. Revolutionary Guards, killing all 176 people on board

Richard Parsons, prominent Black executive who led Citigroup, dies at 76

Parsons, who died at his Manhattan home, was diagnosed with multiple myeloma in 2015 and cited unanticipated complications from the disease for cutting back on work a few years later

DGCA suspends Akasa Air's directors of training, flight ops over lapses

The regulator said an audit found that navigation skills of pilots were being conducted on simulators that weren't qualified for that kind of training

APSEZ places order with Cochin Shipyard for 8 tugs in Rs 450 cr deal

Delivery of these boats will start from December 2026, and will continue till May 2028, the company said

Govt plans to borrow Rs 3.9 trillion via treasury bills in Q4FY25

Market participants said that the gross borrowing amount was higher than expected

JSW Energy inks deal to acquire O2 Power at $1.47 bn enterprise value

JSW Energy said the latest acquisition will increase the company's locked-in generation capacity to 24,708 MW, from the current 20,012 MW

Manmohan's legacy as PM: Goodwill earned in 1st stint, but slips in the 2nd

Economic data shows history will be kinder to him for his first term rather than second

South Korea impeaches two leaders in two weeks as political crisis deepens

Lawmakers voted 192-0 in favor of Prime Minister Han's impeachment on Friday, according to National Assembly Speaker Woo Won-shik

Centre declined Dr Singh's family request for funeral site, memorial: Badal

The government announced that a State funeral will be accorded to Singh and it will take place at 11:45 AM Saturday at Nigambodh Ghat