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Govt to switch on massive subsidy to supercharge EV infrastructure

Subsidy to support 72,300 fast charging stations across the country

Weakening rupee may not be shot in the arm for India's pharma exporters

The rupee has been hovering above Rs 85 mark vis-a-vis the US dollar in the recent past

Healthy order books may lift bottom lines in capital goods sector in Q3

Benign raw material costs, execution of healthy order book to aid growth, say analysts

Q3 results preview: Weak urban demand likely to weigh on FMCG volumes

Persistent weak urban demand could impact firms' performance in Q3FY25

Why was George Soros awarded Medal of Freedom by Biden administration?

With around two weeks left in the Biden administration before Donald Trump takes office, the awards sparked controversy, particularly with recipients such as Hillary Clinton and George Soros

Foxconn beats estimates with record Q4 revenue driven by AI demand

Robust AI server demand led to strong revenue growth for its cloud and networking products division, said Foxconn, whose customers include AI chip firm Nvidia

HDFC Bank's LDR falls below 100% for the first time after merger

HDFC Bank's LDR was around 87 per cent pre-merger. Following the merger, its LDR went up to 110 per cent

Bank of India eyeing to sell stressed loans in Simbhaoli Sugars, Visa Steel

The anchor bid for the asset put up for sale would translate into a recovery of around 54.5 per cent for the lender

Trai to tighten anti-spam norms; pilot to digitise past user consents

TRAI will start, this month, a pilot to onboard paper-based and past permissions given by customers for receiving commercial communications onto its digital distributed ledger technology (DLT) platform, a process that in the long-run would include scrubbing and verifying their current validity and offering opt-outs to those keen on it, Chairman Anil Kumar Lahoti said, adding that tighter regulations on curbing spam as well as new consultation examining an authorisation framework for telemarketers can also be expected in coming weeks. Telecom Regulatory Authority of India (TRAI) has also ruled out any rethink on its latest regulation that mandates service providers to offer separate special tariff vouchers (STV) for voice calls and SMS. Lahoti told PTI in an interview that while consumers can be encouraged to use data, they cannot be "compelled" to do so. TRAI's focus is to protect not only the interest of the industry, but also the interest of the consumer, who must have the option

Latest LIVE: Drone falls close to Odisha CM Manjhi during Jharsuguda visit

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Adani Wilmar to expand FMCG portfolio, emulates ITC post-Adani group exit

Adani Wilmar Ltd (AWL), India's largest edible oil company, is adopting a strategy similar to ITC's by leveraging its core business and extensive distribution network to drive growth in its high-margin FMCG portfolio after the Adani group exit, according to sources. Just as ITC used its strong cigarette business to expand into FMCG, AWL is set to use its dominant edible oil business as a foundation for FMCG growth. Following the exit of the Adani Group, Wilmar may further capitalise on this approach by introducing more global FMCG brands into the Indian market, sources aware of the matter said. In the December quarter, AWL's FMCG business achieved a 24 per cent year-on-year growth in volume, underscoring its efforts to expand both its food and FMCG product offerings. Consequently, the share of food and FMCG in overall volumes increased to 20 per cent, while its share in total revenues rose to 9 per cent, up from 10 per cent and 5 per cent, respectively, in FY21. This shift mirrors

2 pilots, 1 crew member killed as chopper crashes at Porbandar airport

Two pilots and a crew member were killed on Sunday after an Indian Coast Guard helicopter on a routine sortie crashed at Porbandar airport runway in Gujarat and caught fire, officials said. The maritime security agency said the reasons for the incident are being investigated through a Board of Inquiry. "ICG ALH MK-III helicopter CG 859 met with a mishap at Porbandar Airport Runway at about 1215 hrs on 05 Jan 25. The ICG helicopter had 02 Pilots and 01 Air Crew Diver at the time of the incident and was on a routine training sortie," an ICG statement said. Immediately after the incident, the crew was rescued and shifted to a government hospital at Porbandar, where they were declared as brought dead. The deceased are Commandant (JG) Saurabh, Deputy Commandant SK Yadav and Navik Manoj Pradhan. They will be cremated as per service traditions and honour, the ICG stated. Porbandar Superintendent of Police Bhagirathsinh Jadeja said the chopper crashed while landing near the Porbandar airp

Chhattisgarh journalist killed after report on corruption: All we know

The body of Mukesh Chandrakar was found in a septic tank in Chhattisgarh. The police suspect that his death is linked to a recent report where he exposed alleged corruption in a Rs 120 crore project

PM Modi promises no welfare schemes will end if BJP wins in Delhi

Prime Minister Narendra Modi on Sunday accused the AAP government in Delhi of wasting a decade fighting with the Centre and urged the people of the national capital to give the BJP an opportunity to turn it into a city of the future. The prime minister also assured that no public welfare scheme would be discontinued if the BJP assumed power but the party's government would weed out the corruption in their implementation. Addressing a rally in the Rohini area, Modi dubbed the AAP government a "disaster" that had struck Delhi and asserted the BJP would usher in change. "Only when this 'aapda (disaster)' is gotten rid of in Delhi, the double-engine of development will come in," Modi said. The prime minister said the Centre had been developing highways in Delhi, expanding the Metro network, starting the Namo Bharat Regional Rapid Transit System, and running big hospitals. "However, the moment you step out of a Metro station, you can see potholed roads, overflowing sewers. Some areas a

Govt to launch another round of PLI scheme for steel sector on Monday

The government will launch another round of production-linked incentive scheme for the steel sector on Monday. The 'PLI scheme 1.1' will be launched by the steel minister H D Kumaraswamy. "Union Minister of Steel and Heavy Industries...will launch 'PLI scheme 1.1' for the steel industry and call for applications...on January 6," the steel ministry said in a statement. To encourage domestic production of specialty steel and lower imports by drawing in capital investments, the government had earlier introduced the PLI scheme for specialty steel. The scheme has attracted investments worth Rs 27,106 crore, envisaging creation of 14,760 direct employment opportunities with an estimated production of 7.90 million tonnes of specialty steel. As of November 2024, companies have already invested Rs 18,300 crore and generated over 8,660 in employment. The government has been interacting regularly with the participating companies and based on feedback, it was felt that there was a scope to n

Unmarried couples no longer welcome, OYO changes check-in policy

Travel booking major OYO has launched a new check-in policy for partner hotels, starting from Meerut, introducing guidelines effective this year whereby unmarried couples will no longer be welcome to check in. Under the revised policy, all couples will be asked to present valid proof of relationship at the time of check-in, including for bookings made online. OYO has empowered its partner hotels' discretion to decline couple bookings based on their judgment, aligning with local social sensibility, the company said. OYO has given the directive to its partner hotels in Meerut to ensure this with immediate effect. Based on ground feedback, the company may expand this to more cities, people familiar with the policy change said. "OYO has received feedback in the past from civil society groups especially in Meerut urging action to address this issue. Additionally, residents from few other cities have petitioned for disallowing unmarried couples to check-in at OYO hotels," they said. Pawa

Will Kohli make the cut for IND vs ENG Tests in June? What ahead for Virat

India will play their next Test series in June after the conclusion of Champions Trophy 2025 and IPL 2025. Will Kohli find a place in India vs England Test series? Analysis here

How India fared in the Test series in Australia in the 21st century

India have won two, lost four, and have settled for a draw in the six Test series against Australia in the 21st century.

Cold wave engulfs Delhi; dense fog disrupts flights for 3rd straight day

Train services at New Delhi Railway Station also suffered, with several trains running behind schedule

Dense fog in Delhi, city sees season's longest zero visibility spell

Dense fog enveloped the national capital on Saturday, reducing visibility to zero for an unprecedented nine-hour stretch, the longest spell of the season, according to the weather department. The dense fog led to the delay of 81 trains while 15 flights got diverted on Saturday, according to officials. "Zero visibility prevailed for nine hours at Palam between 6 pm and 3 am (UTC), marking the longest spell of the season. The city's primary weather station, Safdarjung, recorded eight hours of zero visibility, as per the IMD." With the the maximum temperature in the city settled at 20 degrees Celsius, 0.7 notch above average and the minimum temperature was recorded at 7.8 degrees Celsius, 0.9 notch above the normal, according to the India Meteorological Department (IMD) said. The relative humidity during the day ranged between 96 and 100 per cent, it said. For Sunday, the weather department has predicted a partly cloudy sky. The predominant surface wind is expected to blow from the

Adani Wilmar sees 6% rise in sales volume in Q3, revenue grows 33%

Adani Wilmar, which sells edible oils and other food items, on Saturday reported a 6 per cent annual growth in sales volumes and a 33 per cent increase in revenue in the December quarter. Adani Wilmar, established jointly by Adani Group and Singapore Wilmar Group in 1999 markets its products mainly under Fortune brand. Adani Group recently announced its exit from the joint venture by divesting its entire 44 per cent stake to Wilmar group as well as open market sale. In a regulatory filing on Saturday, Adani Wilmar said the company "achieved a healthy volume growth of 6 per cent year-on-year in Q3 (December quarter), despite significant price hikes driven by surge in raw material costs". Revenue grew 33 per cent year-on-year, it added. "In the edible oils segment, although there was downtrading among consumers, the company maintained its market share by its strategy of having a diverse portfolio of brands at various price points," Adani Wilmar said. The company reported 4 per cent

No unusual rise in flu-like cases in India, says govt amid China HMPV surge

Health Ministry convenes monitoring group meeting over hMPV surge in China

News updates: Dense fog in Delhi, city sees season's longest zero visibility spell

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Delhi polls: Parties go tech-savvy, use AI for creative ads, sharp jibes

With Assembly elections in Delhi due in February, political parties are using Artificial Intelligence to churn out creative ads and visuals -- projecting their leaders as heroes and targeting rivals with sharp jibes. From calling its supremo Arvind Kejriwal the "GOAT" (Greatest of All Time) to portraying him as "Delhi ka Beta" (Son of Delhi), the ruling Aam Aadmi Party (AAP) is creatively leveraging Artificial Intelligence (AI) in its campaigns. On the other hand, the BJP is labelling Kejriwal as the "Original Mahathag" (master conman) in AI-generated videos and posters. In one instance, a scene from Amitabh Bachchan's movie "Baghban", which depicts parents enduring neglect from their children despite their sacrifices, was modified with AI to feature Kejriwal, emphasising that "Delhi ka Beta" will never abandon the people. Delhi BJP's X handle also has multiple ad clips, including videos featuring Kejriwal and Chief Minister Atishi. In one such video, Atishi is shown praising Kejr

Kerala, Telangana monitoring reports of China flu outbreak with Centre

Kerala Health Minister Veena George on Saturday said the state government is closely monitoring the news reports about the massive outbreak of viral fever and respiratory infection in China and said there is no need to panic as of now. In a Facebook post, George said there have been no reports so far about any virus found in China that could become pandemic or spread rapidly to other regions. As Malayalees are there in all parts of the world and expatriates frequently come to the state, including from China, extra caution should be exercised, she said. "We are monitoring the situation in China. If an outbreak is detected that has the potential to spread to other areas, we can check its spread very quickly," she said. The minister also urged people, especially pregnant women, children and elderly people, to take extra vigil and asked them to wear masks. An official source said on Friday that the National Centre for Disease Control (NCDC) is closely monitoring respiratory and season

Kirloskars challenge Sebi letter asking family settlement deed disclosure

Four Kirloskar companies on Saturday said they have filed an appeal before the Securities Appellate Tribunal challenging the SEBI letter asking them to disclose the deed of family settlement that was signed by members of the Kirloskar family on September 11, 2009. In a joint statement, the Kirloskar companies -- Kirloskar Ferrous Industries Ltd (KFIL), Kirloskar Industries Ltd (KIL), Kirloskar Pneumatic Company Ltd, Kirloskar Oil Engines Ltd -- said they have filed the appeal before SAT challenging the SEBI letter dated December 30, 2024 wherein the market regulator advised them to disclose the Deed of Family Settlement (DDS). On December 31, these companies stated that they were preparing to legally challenge the letter by SEBI. The markets watchdog in its letter stated that "since the DFS is subsisting in nature, indirectly creates a restriction on the listed entities managed/promoted by the parties to such DFS, warrants disclosure, regardless of whether such listed entity is a ..

Decoded: How does front-running work, and what is Ketan Parekh's role?

Front-running is a fraudulent practice where traders use advance knowledge of large client orders for personal profit, as seen in Ketan Parekh's case

6 killed in chemical blast at firecracker unit in Tamil Nadu's Virudhunagar

Tamil Nadu blast: The explosion is believed to have occurred during the chemical mixing process

Delhi polls: BJP fields Parvesh Verma against Arvind Kejriwal in first list

Delhi Assembly elections: Ramesh Bidhuri will be contesting from the Kalkaji constituency against Chief Minister Atishi

VIDEO: Fresh violence erupts in Manipur as SP office attacked in Kangpokpi

The police said that Kangpokpi Superintendent of Police Manoj Prabhakar was injured in the attack

Setback for India as Bumrah heads to hospital for scans; Kohli leads India

As day 2 progressed in Sydney, Bumrah was seen going off the field just before lunch and was seen in training gears.

I am not going anywhere: Rohit dismisses retirement rumours in a interview

With reports flooding in over Rohit Sharma is not India's Test scheme in future, the captain rubbished the media reports in a interview with the broadcasters of India vs Australia Test series.

After New York, mass shooting leaves 4 injured in Northeast DC; probe on

The shooting unfolded in the 1500 block of Harry Thomas Way Northeast, located just 500 feet from the NoMa-Gallaudet U New York Avenue Metro station

Intense cold wave freezes Delhi at 7°C; thick fog delays over 200 flights

At Delhi Airport, flight operations were temporarily halted in the early morning hours due to reduced visibility

Draft DPDP rules mention parental consent for processing children's data

The government has released the long-awaited draft of Digital Personal Data Protection Rules which proposes to make parent's verifiable consent and identification mandatory for creation of child's user account on online or social media platforms, and also moots possible data localisation requirements for specified personal data. Notably, the draft rules - which are key to operationalisation of the data protection Act - seek to make parental nod essential for processing of personal data of children. Further, parents' identity and age will also have to be validated and verified through voluntarily provided identity proof "issued by an entity entrusted by law or the government", say the draft rules. A major - and a surprise - takeaway from the draft rules, according to industry experts, is the aspect of localisation and additional oversight on cross-border data sharing in specified cases. On processing of personal data of child, the draft rules state: "A Data Fiduciary shall adopt ...

India protests China's new counties in Hotan, cites Ladakh overlap: MEA

MEA also stated it will closely monitor the situation and take necessary steps to protect India's interests in response to China's plan to build a mega dam on the Brahmaputra river

Rural poverty ratio fell below 5% in FY24 for the first time: SBI Research

The report notes that this decline in the rural poverty ratio is due to higher consumption growth in the 0-5 per cent decile

Hindustan Unilever in talks to buy skincare brand Minimalist for Rs 3K cr

The brand, which started in 2020, is known for its ingredient-based skincare products and raised funds in its Series A from Unilever Ventures and Sequoia Capital India

Market regulator Sebi warns JM Financial of lapses in due diligence

Administrative warning issued in relation to the IPO of Western Carrier (India)

Updates: Grap 3 curbs back in Delhi-NCR amid rise in air pollution levels

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Marico forecasts higher quarterly revenue growth on cooking oil demand

However, sales in large cities are under pressure as consumers cut back on spending due to high costs of living

US pizza chain Papa John's aims to re-enter Indian market in 2025

Papa John's exited India in 2017 saying its restaurants were not able to meet the expectations of the brand and the franchisee

EPFO launches centralised pension system, benefitting 6.8 mn members

Retirement fund body EPFO has completed the Centralized Pension Payments System (CPPS) rollout in all its regional offices across the country that will benefit over 68 lakh pensioners, the labour ministry said on Friday. The CPPS is a paradigm shift from the existing pension disbursement system that is decentralised, with each zonal/regional office of EPFO maintaining separate agreements with only 3-4 banks, the ministry explained in a statement. Under CPPS, a beneficiary will be able to withdraw pension from any bank and there will be no need for to visit the bank for verification at the time of commencement of pension, and the amount will be immediately credited upon release, it stated. The CPPS system January 2025 onwards will also ensure disbursement of pension throughout India without any need for transfer of pension payment orders (PPO) from one office to another even when the pensioner moves from one location to another or changes his bank or branch, it said. This will be a

Aiming to boost economic ties with US, engaging with Trump admin: Goyal

Bilateral trade between India and the United States, India's largest trading partner, exceeded $118 billion in 2023/24, with India registering a trade surplus of $32 billion

Delhi elections: Congress fields Alka Lamba from Kalkaji against CM Atishi

Alka Lamba, the president of the All India Mahila Congress, is a former Aam Aadmi Party leader and an ex-legislator from Chandni Chowk

'Feel like laughing': AAP responds to PM Modi calling party as 'AAPda govt'

Prime Minister Narendra Modi on Friday expressed disappointment over the Delhi government's failure to implement the Centre's Ayushman Bharat Yojana, referring to it as the 'Aapda government'

Why is the India vs Australia 5th Test in Sydney called the Pink Test?

The idea of the Pink Test was proposed by former Aussie pacer Glenn McGrath, who lost his wife Jane McGrath to breast cancer in 2008

Govt bans popular animal painkiller after toxicity seen in vultures

In the study, two vultures were given Nimesulide, researchers observed that the treated birds showed elevated uric acid levels, a known marker of kidney failure, and both died within two days

Pakistan FM to visit Bangladesh; Muhammad Yunus to reciprocate visit

Pakistan's Ishaq Dar will visit Bangladesh next month, the first such trip by a Pakistani foreign minister since 2012, signalling warming ties between Dhaka and Islamabad after Sheikh Hasina's ouster

SC slams ED for 'inhuman' 15-hour interrogation in illegal mining case

The Supreme Court questioned the Enforcement Directorate's rationale behind the interrogation tactics, while also clarifying that its remarks were limited to bail proceedings, not the case's merits