This reduction in the CRR released primary liquidity of approximately Rs 1.16 trillion into the banking system

Rupee, Indian Rupee

Markets Today Highlights:Broader markets also mirrored the benchmarks to settle higher, with Nifty Midcap100 and Nifty Smallcap100 ending with gains of 0.44 per cent and 1.02 per cent respectively

A Teflon resilience in markets that won’t let declines stick

A Teflon resilience in markets that won't let declines stick

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2,000 note, Indian currency, Rupees

A massive fire broke out on Sunday in a chemical factory in Boisar-Tarapur MIDC in Palghar district of Maharashtra, officials said.
The raging blaze at UK Aromatic and Chemical Company also engulfed an adjacent chemical unit in the Salwad Shivaji Nagar area.
A firefighting operation is underway to douse the blaze, the officials said, adding that no report has been received so far about any injuries.
A major disaster was averted as workers rushed out of the premises of the fire-ravaged UK Aromatic and Chemicals Factory, officials added.
The cause of the blaze cannot be known immediately.
Visuals showed thick plumes of black smoke emanating from the burning industrial unit.
The Palghar fire control room received a call about the incident around 6:20 PM, following which a fire-fighting operation was launched immediately.
Several fire engines and water tankers were dispatched to the spot to douse the blaze which is yet to be brought under control even after almost two hours.

Fire, Fire accident

Recent USFDA data reveals a decline in the number of adverse classification outcomes of inspections

pharma

The Engineering Export Promotion Council (EEPC), India on Sunday proposed the introduction of a faceless GST audit system to boost ease of doing business in the country.
The apex engineering exports promotion body's proposal comes following the successful implementation of faceless assessment' by the Income Tax department.
The faceless GST audit system, by using technology and ensuring anonymity, will reduce compliance costs. A faceless system will streamline procedures allowing MSMEs to focus on growth and innovation," said Pankaj Chadha, chairman of EEPC India.
The proposal is a part of EEPC India's Budget 2025 recommendation.
By introducing a faceless GST audit system, India can further improve its ranking in the Ease of Doing Business index, making it a more attractive destination for foreign investors, it said.
It also proposed that Reverse Charge Mechanism (RCM) related liabilities should be eligible for the Amnesty Scheme' to address challenges faced by exporters, who may b

EEPC India

Former US president Jimmy Carter had a personal connection with a Haryana village 'Daulatpur Nasirabad' where his mother had worked as a healthcare volunteer during the late 1960s

Jimmy Carter

Kenya's cost-of-living crisis, to martial law in South Korea. Here's a look at major protests that erupted across the globe in 2024

Pro-Palestinian protests

RBI's focus on customer, compliance and collaboration will continue in 2025. It will have new initiatives balancing innovation and prudence

rbi reserve bank of india

How to use WhatsApp Pay. Flipkart 'Big Bachat Days' sale. One UI 7 to bring Gemini Live on lock screen. OnePlus Watch 3 health features. upcoming iPhone features

Tech wrap January 1

Several roads in Delhi were jam-packed and long queues formed at key metro stations as huge crowds thronged to India Gate, Connaught Place and religious places across the national capital on New Year's Day.
The C-Hexagon at India Gate saw a massive crowd gathering on Kartavya Path, leading to traffic congestion in the area.
Other key spots attracting large crowds included Bangla Sahib Gurdwara, Prachin Hanuman Mandir at Connaught Place, Akshardham Mandir, Jhandewalan Mandir, Khatu Shyam Mandir on GT Road and the Jagannath Temple in South Delhi.
Deepali Verma, a resident of north Delhi, said she came to Hanuman Mandir to seek blessings.
"I wish everyone a very happy New Year filled with peace and prosperity. I have come here along with my husband and son to offer prayers at the temple and seek Lord Hanuman's blessings," Verma said.
According to a police officer, their main focus was on India Gate, Ashoka Road, Hanuman Mandir and Connaught Place.
"We have deployed personnel across 

Traffic, Traffic jam

A 40-year-old man allegedly died by suicide by hanging himself from a ceiling fan at his residence in Kalyan Vihar area of northwest Delhi, an official said on Wednesday.
The family members of the deceased identified as Puneet Khurana, a businessman, have levelled allegations against his wife and in-laws.
"Khurana's father Trilok Nath has produced his mobile phone and other related articles. The mobile phone of the deceased and other related articles were taken in police possession. The body will be handed over to the family members after post-mortem," said Deputy Commissioner of Police (DCP), Northwest, Bhisham Singh.
The DCP further said that the incident was reported at approximately 4:18 pm on December 31.
"Soon after information, a team was immediately rushed to the spot. The team found Khurana unresponsive on his bed with a ligature mark around his neck, indicating death by hanging," he said, adding further investigation is underway.
The body was transported to the BJRM Hosp

suicide rope

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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Tech wrap Jan 1: WhatsApp Pay, Flipkart sale, Samsung Galaxy S25 series

Delhi witnesses traffic jams on New Year's Day as people flock to markets

40-yr old dies by suicide in Delhi, family alleges harassment by wife

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Despite CRR cut, liquidity deficit in banking system crosses Rs 2 trillion

Stock Market Closing Highlights: Sensex rings-in 2025 with 368 pts gain; Nifty ends atop 23,742

LIVE: 98.12% of Rs 2,000 banknotes in circulation on May 19, 2023 has been returned, says RBI

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