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

The previous session closed out 2024 with mixed sentiments. Despite a strong recovery from intraday lows, the benchmarks ended in the red, weighed down by losses in IT & select banking shares

Stock Market, BSE, Nifty, Capital

Fair trade watchdog CCI is conducting a market study to understand the competitions issues in the renewable energy space across BRICS nations.
The study is being conducted under the BRICS framework by India, Competition Commission of India (CCI) Chairperson Ravneet Kaur said.
Currently, the regulator is also doing a market study on Artificial Intelligence (AI) and competition.
"CCI has started the process for the study of competition issues in the renewable energy space across the BRICS countries," the chairperson told PTI in an interview.
Initially, the grouping comprised Brazil, Russia, India, China, and later South Africa joined it. A few more countries have also joined the bloc.
Kaur also said the commission does explore areas for conducting market studies depending upon the market dynamics and enforcement priorities.

Brics

Electronics and Computer Software Export Promotion Council (ESC) has batted for further calibration of Design Linked Incentive (DLI) scheme to make it more broad-based and impact-oriented. The industry body has made a strong pitch for incentives to promote R&D and innovation in capital-intensive electronics hardware sector during a recent interaction with Finance Minister Nirmala Sitharaman, a release said on Sunday.
ESC has also sought additional income tax reduction for Indian corporates spending over 3 per cent of their turnover to advance R&D and filing patents/designs in India.
"In an exclusive interaction with Finance Minister Nirmala Sitharaman and other senior officials of the Ministry of Finance recently, the...export promotion council...said that a well-calibrated incentive system designed to empower industry players could motivate nascent industry units to move in the R&D value chain in cutting-edge technology domains like AI, IoT, telecom, and embedded ...

The demand for semiconductor chips in India is set to undergo a dramatic shift, with 60 per cent of it, in value terms, expected to come from chips smaller than 10 nano­metre (nm) by 2032. This insight comes from a forthcoming report by the Indian El

About 6.21 lakh applications have been received for 1.27 lakh opportunities under the Prime Minister's Internship Scheme and the selection process is continuing, the government said on Sunday.
The scheme, announced in the 2024 Union Budget, aims to provide internship opportunities to 1 crore youth in top-500 companies over five years.
A pilot project of the scheme, started on October 3, aims to provide 1.25 lakh internship opportunities during 2024-25.
In a release on Sunday, the corporate affairs ministry said approximately 6.21 lakh applications have been received against 1.27 lakh internship opportunities. "The selection process for internship is ongoing."
Partner companies have posted about 1.27 lakh internship opportunities on the internship scheme portal.
About 4.87 lakh individuals have completed their KYC and registered themselves on the portal, the release said.
Under the scheme, interns will be provided a monthly financial assistance of Rs 5,000 for 12 months and a one-

Urban Unemployment, Jobless, NSSO

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

Manmohan Singh showed that technocrats can change nations' destinies as effectively as any populist

Manmohan Singh

The Central Board of Secondary Education (CBSE) has released the CTET Answer Key 2024. Candidates who have appeared for CTET can download the answer key via official website at ctet.nic.in

CTET 2024

Nasa has unveiled a new Mars drone design, called the "Mars Chopper." The latest drone design is bulkier compared to its predecessor and it has a greater payload capacity

Nasa introduces a new Mars drone design

The BJP on Wednesday took a swipe at Arvind Kejriwal calling him a "bagula bhagat" (pretentious devotee) over his pre-poll promise of giving a monthly honorarium of Rs 18,000 to priests of temples and granthis of gurudwaras.
Addressing a press conference at the BJP headquarters, party national spokesperson Sudhanshu Trivedi claimed that Kejriwal-led Aam Aadmi Party (AAP) exemplifies "unreliability" in Indian politics, adding that the people of Delhi have understood its "antics."
He alleged that the AAP, which emerged with the promise of bringing change to the country's politics, has lost its "credibility" as it continues to pursue "the same old Congress politics."
There was no immediate response from the AAP to the BJP's charge.
Asked about Kejriwal's pre-poll promise of providing an honorarium of Rs 18,000 to priests of temples and granthis of gurudwaras, Trivedi wondered why he is making such an announcement instead of implementing it right away, when his party is still in power 

Sudhanshu Trivedi, Sudhanshu

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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CTET 2024: Answer Key released at official website; link to download

After Ingenuity's success, Nasa introduces a new 'Mars Chopper' design

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

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