Stock Market Highlights: Indian markets declined for the second consecutive session, ending the week on a negative note on Friday. The 30-share Sensex slipped 241.30 points or 0.31 per cent

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Veteran writer, poet and filmmaker Pritish Nandy breathed his last on Wednesday at the age of 73

Pritish Nandy

On a sequential basis, the profit after tax (PAT) grew 10 per cent over Rs 387.75 crore reported in Q2FY25

IREDA

Telco expects thousands of new sites by March under partnership with global vendors

Vodafone Idea

Pakistan's Finance Minister Muhammad Aurangzeb on Tuesday announced that the federal government has decided to cut the number of affiliated agencies by half, abolishing 150,000 jobs, as part of a sweeping cost-cutting and efficiency drive.
"We are reducing the federal government's size step by step. So far, 80 departments have been consolidated into 40," Aurangzeb said at a press conference where he highlighted the government's goal to complete these reforms by June 2025.
He added that 60 per cent of vacant positions have been abolished, which comes to 150,000 government jobs.
He said that right-sizing was part of the restructuring initiative launched in mid-2024 by a committee formed under Prime Minister Shehbaz Sharif to rationalise expenditures and improve performance.
According to the minister, the committee was to look into 43 ministries and their subordinate agencies. He said that the federal government's annual expenditure on these departments was Rs900 billion.
He said tha

Shehbaz Sharif

Strong monsoon, robust kharif output drive growth, boosting agri GVA

agriculture

Subrahmanyan's '90-hour workweek' formula is one step ahead of Infosys founder Narayan Murthy's suggestion of working 70-hours a week

SN Subrahmanyan

Challenging the decision of the Biden Administration to investigate the activities of Indian billionaire Gautam Adani and his companies, an influential Republican lawmaker on Tuesday said such selective actions risk damaging critical alliance partners.
In a strongly worded letter to US Attorney General Merrick B Garland, Congressman Lance Gooden, member of the House Judiciary Committee, demanded answers on the Justice Department's selective prosecution of foreign entities and the potential harm such actions pose to US's global alliances and economic growth and that if there is any Geroge Soros connection to it.
The Department of Justice's selective actions risk damaging critical alliances with key partners like India, one of America's strongest allies in the Asia-Pacific region, Gooden said in his letter dated January 7.
Instead of pursuing cases with tenuous jurisdiction and limited relevance to US interests, the DOJ should focus on punishing bad actors at home, rather than chasing

Gautam Adani, Adani

The temporary work permits are the only real way to employ Indian immigrants in the US, since national caps make it nearly impossible for them to get a green card

H-1B Visa

Xiaomi Pad 7 launched in India. OnePlus 13 along with Sapphire Blue Buds Pro 3 goes on sale. DailyObjects launch new Qi2-certified power banks. Redmi 14C sale. new Google AI features

Tech Wrap January 10

Former Rajasthan chief minister Ashok Gehlot on Friday alleged that the current BJP government in the state is holding back the work done by his government and is not inaugurating them.
"The BJP government is holding back the work of our government to take credit," Gehlot said in a statement on 'X'.
He claimed the Congress government had opened institutions with professional courses to provide new opportunities for the new generation, but their progress has been held back after the new government came.
He said the new building of the Haridev Joshi University is ready in Dahmi Kalan, Jaipur, but it is not being shifted there from Khasa Kothi. "Our government had approved the recruitment of academic and non-academic staff in the university, but the recruitment has not been done yet," he said.
The same situation is more or less with Dr Bhimrao Ambedkar Law University, which is also being run from the education complex instead of its new building, he alleged.
"Why are these universiti

Ashok Gehlot, Gehlot

A special court in Pune on Friday granted bail to Congress leader Rahul Gandhi in a defamation case related to his alleged objectionable remarks on Hindutva ideologue V D
Savarkar.
The MP/MLA court granted bail to the Leader of Opposition in the Lok Sabha on a surety bond of Rs 25,000 after he appeared before it through video conferencing.
Senior Congress leader Mohan Joshi stood as surety before the court.
Advocate Milind Pawar, representing Gandhi, said the court also granted permanent exemption to the Congress leader from appearing before it.
The matter will now be heard on February 18, Pawar added.
The case was filed on a complaint of the grandnephew of Savarkar and stemmed from a speech Gandhi gave in London in March 2023, where he made certain remarks on the freedom fighter citing a book written by him.

Rahul Gandhi, Rahul, Congress leader

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 10: Xiaomi Pad 7 launch, OnePlus 13 sale, DailyObjects LOOP

Gehlot alleges BJP govt ignores inaugurating projects initiated by Cong

Pune court grants Rahul Gandhi bail in defamation case on Savarkar remarks

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Stock Market Highlights: Sensex drops 241 pts, Nifty at 23,431; broader mkts sink 2%; TCS rallies 6%

RIP, Pritish Nandy: Bold, brash, brilliant, and a man for all seasons

Ireda Q3 results: Net profit rises 27% to Rs 425.35 crore, revenue up 37%

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