A.P. MedTech Zone poised to become a global manufacturing centre of medical equipment

Many ‘Made in India’ hospitals will be set up across the country and the equipment required for these hospitals will be produced at AMTZ, says its MD and founder CEO Jitendar Sharma

from Business News Today, Latest Finance News | The Hindu

India got 14.3% of global remittances in 2024, its highest ever

China secured only 5.3% of global remittances in 2024, its lowest share in at least two decades

from Business News Today, Latest Finance News | The Hindu

Doctoral scholar Sanchit Jain submits case study on fintech start-up Smallcase

By offering curated thematic portfolios of stocks and ETFs called smallcases, the company simplifies equity investment for individual investors, enabling diversification and alignment with specific investment themes

from Business News Today, Latest Finance News | The Hindu

Banks to provide beneficiary account name look-up facility in NEFT, RTGS by April 1

RBI has asked the National Payments Corporation of India to develop a facility for the same

from Business News Today, Latest Finance News | The Hindu

Zoho CEO Sridhar Vembu weighs in on Infosys co-founder Narayana Murthy’s 70-hour workweek stance

Zoho CEO said, ‘It is enough if only a small percentage of the population drive themselves hard.”

from Business News Today, Latest Finance News | The Hindu

BPCL buys Middle East crude oil to replace Russian shortfall

BPCL is replacing missing Russian oil with Middle Eastern crude and diversifying sources like Oman, Argentina, and Qatar. The company plans to invest ₹1.7 trillion in refinery expansions over the next five years

from Business News Today, Latest Finance News | The Hindu

Rupee falls 5 paise to 85.53 against U.S. dollar in early trade

Rupee falls against dollar due to demand, fund outflows, and weak equities, with expected continued pressure on currency

from Business News Today, Latest Finance News | The Hindu

Bitcoin ascendancy, WazirX chaos, and India’s blockchain evolution: Crypto events that marked 2024

Though Bitcoin touched unseen new highs, millions of investors learned first-hand the dangers of cyber-attacks and hacks

from Business News Today, Latest Finance News | The Hindu

2025 may ring in small savings rate cuts

While the case for a rate cutting cycle is in place starting with the upcoming quarter, government may defer its initiation till April for better optics as a reduction amid high inflation, with an important Assembly election around the corner, may not go down well, say experts

from Business News Today, Latest Finance News | The Hindu

Why inflation will matter more in 2025: Explained

What have the Q2 of 2024-25 GDP numbers revealed? How are soaring food prices impacting the situation? Why couldn’t the RBI effect interest rate cuts? Why is there a worry on both inflation and growth fronts? What are the revised growth projections?

from Business News Today, Latest Finance News | The Hindu

Tax officials initiate inspection of Mahindra & Mahindra records in Chennai

Mahindra & Mahindra Ltd faces inspection by Tamil Nadu state tax authorities in Chennai, no material impact expected

from Business News Today, Latest Finance News | The Hindu

Vodafone Group clears about ₹11,650 crore dues to lenders raised against VIL shares

Vodafone Group had pledged almost the entire stake in VIL to raise the debt. The pledge was created in favour of HSBC Corporate Trustee Company (U.K.) for the debt raised by Mauritius and India-based entities of Vodafone Group

from Business News Today, Latest Finance News | The Hindu

Sustainability, customer proximity and talent investment will remain central to our strategy, says Greaves Cotton Vice Chairman

from Business News Today, Latest Finance News | The Hindu

Several Union Ministers, CMs to join world leaders in Davos for WEF meet

Besides over 50 Presidents and Prime Ministers from across the world, top officials of international organisations like the United Nations, IMF, World Bank, Interpol, NATO, European Central Bank and WTO are also expected to be in Davos for the WEF Annual Meeting 2025.

from Business News Today, Latest Finance News | The Hindu

Rupee falls 8 paise to hit new record low of 85.35 against US dollar in early trade

According to analysts, the local unit was weighed down by the dollar's strength amid the greenback's increased demand by importers for month-end and year-end payment obligations.

from Business News Today, Latest Finance News | The Hindu

Manmohan Singh: A forthright Finance Minister

Dr. Singh, with a light and literary touch, unleashed the animal spirits of the Indian economy

from Business News Today, Latest Finance News | The Hindu

EPFO adds 13.41 lakh net members in October

This signifies increased employment opportunities and heightened awareness of employee benefits, bolstered by EPFO’s effective outreach initiatives, a labour ministry statement said on Wednesday.

from Business News Today, Latest Finance News | The Hindu

Satya Nadella and Shantanu go down memory lane at their alma mater HPS

Microsoft CEO Satya Nadella and Adobe CEO Shantanu Narayen went down memory lane recalling their days at the school, a sought-after institution for several decades till the emergence of numerous educational institutions in Hyderabad

from Business News Today, Latest Finance News | The Hindu

Andhra Pradesh renews MoU with Toyama to strengthen bilateral ties

The MoU was established in 2015 to promote cooperation in manufacturing, pharmaceuticals, tourism, and digital innovation between the State and the Japanese prefecture

from Business News Today, Latest Finance News | The Hindu

Union Budget: Jobs, farm productivity, funds for infra boost figure at PM-economists meet

Prime Minister Modi consults economists on job creation, infrastructure development, and economic growth ahead of 2025-26 Budget

from Business News Today, Latest Finance News | The Hindu

Vocal on growth, silent on inflation

Presently, the problem facing India’s economy is not the lack of growth; the problem lies in its inequitable distribution across the population, partly induced by food price inflation

from Business News Today, Latest Finance News | The Hindu

Time to excoriate inflation is now: RBI Bulletin

Senior central bank officials expect growth to rebound in second half of 2024-25, link consumption demand to slower corporate wage rise and flags dipping nominal GDP as ‘emerging headwind’

from Business News Today, Latest Finance News | The Hindu

Rupee falls 5 paise to hit all-time low of 85.16 against US dollar in early trade

Forex traders said higher dollar demand as well as an upward momentum in crude oil prices due to volatile geopolitical situation pushed the local unit further downward even as a positive domestic equity market provided some cushion.

from Business News Today, Latest Finance News | The Hindu

India’s reliance on China for critical minerals | Explained

Does China have unparalleled dominance in the critical minerals sector? How was it able to do so? What are the minerals for which India is heavily dependent on China? Why has India not been able to excavate the lithium reserves found in Jammu and Kashmir?

from Business News Today, Latest Finance News | The Hindu

Data centre capacity to more than double by FY27 says CRISIL

Rising penetration of Generative Artificial Intelligence will drive the demand over the medium term, the rating agency said

from Business News Today, Latest Finance News | The Hindu

Property values to go up in Vizag from New Year

With the new rates coming into effect from January 1, the Stamps and Registrations Dept. is estimating a minimum of ₹150 crore in increased revenue in the next three months of the financial year 2024-25 ending March

from Business News Today, Latest Finance News | The Hindu

Seventh largest public sector bank carries a legacy of over a century

Indian Bank started operations on August 15, 1907. It was established after the failure of the Madras-based Arbuthnot Bank in 1906. The bank has navigated several economic crises to become a leading financial institution with a total business of ₹12.44 lakh crore

from Business News Today, Latest Finance News | The Hindu

Congress slams govt over different tax slabs for popcorn, asks if PM will show courage for GST overhaul

Congress general secretary in-charge communications Jairam Ramesh also claimed GST evasion is significant, input tax credit fraud is common, and the number of bogus companies set up to "game" the GST system runs into thousands

from Business News Today, Latest Finance News | The Hindu

Arunachal committed to support GST reforms for economic growth: Deputy CM

Chowna Mein supports GST reforms for economic growth and compliance ease, aligning with state’s development vision

from Business News Today, Latest Finance News | The Hindu

Potential TikTok bidder seeks a CEO, prepares business overhaul

U.S. billionaire businessman Frank McCourt is crafting a fundamental overhaul of TikTok's business model as part of a plan to bid for the Chinese-owned short-form video app

from Business News Today, Latest Finance News | The Hindu

Friday fall caps worst week on D-Street since June 2022

from Business News Today, Latest Finance News | The Hindu

‘Reconsider bringing FSI within the scope of GST’

from Business News Today, Latest Finance News | The Hindu

Centre sets June ’26 deadline for solar firms to adopt India-made solar cells

from Business News Today, Latest Finance News | The Hindu

Vizag SEZ records exports worth ₹1,27,744 crore in first half of FY 2024-25

from Business News Today, Latest Finance News | The Hindu

Mallya takes jibe at Finance Minister over claim of ₹14,000 crore debt recovery

Fugitive businessman puts up post on social media saying this amount was more than twice the debt adjudicated by courts and wanted to know how he was still an economic offender

from Business News Today, Latest Finance News | The Hindu

U.S. Federal Reserve cuts its key rate by a quarter-point but envisions fewer reductions next year

The Federal Reserve signaled that it expects to reduce rates more slowly next year than it previously envisioned, largely because of still-elevated inflation.

from Business News Today, Latest Finance News | The Hindu

Use Made in India machinery to reduce infra project cost: Gadkari to industry

The Minister for Road, Transport and Highways made the remarks at Assocham's 'Annual Infrastructure Conference: CEOs Roundtable Discussion and Achiever Awards' event in the national capital

from Business News Today, Latest Finance News | The Hindu

State Planning Commission suggests District Cooling System to promote energy efficiency and sustainability

DCS could help Tamil Nadu sustainably manage water through effective reuse, lowering heat island effects, providing sustainable cooling for all, and reducing emissions from power plants, State Planning Commission says

from Business News Today, Latest Finance News | The Hindu

Rupee falls 1 paisa to all-time low of 84.92 against U.S. dollar

Rupee hits lifetime low against U.S. dollar due to foreign fund outflows, import demand, and weak domestic equities

from Business News Today, Latest Finance News | The Hindu

SBI loan disbursements in Telangana race past ₹10,000 cr. in current fiscal

In the SBI’s Hyderabad Circle, which covers the entire State, 14,575 home loans and 5,732 top-up loans amounting to ₹10,700 crore have been sanctioned between April and November.

from Business News Today, Latest Finance News | The Hindu

Sony settles US consumer lawsuit over PlayStation game sales

Sony has agreed to settle a federal lawsuit that claimed restrictions on digital game sales for its PlayStation console caused customers to overpay

from Business News Today, Latest Finance News | The Hindu

India’s growing public charging infra needs ₹16,000 crore capex by 2030 says FICCI report

from Business News Today, Latest Finance News | The Hindu

Trump hosts Apple CEO at Mar-a-Lago as big tech continues outreach to president-elect

Donald Trump is hosting Apple CEO Tim Cook for a Friday evening dinner at the president-elect’s Mar-a-Lago resort

from Business News Today, Latest Finance News | The Hindu

How would a carbon market function? | Explained

What are carbon credits and how would they be traded between firms? Why do corporations not want the government to be involved in the issual of carbon credits? Who introduced the concept of carbon credits? Why are some experts critical of carbon offsets?

from Business News Today, Latest Finance News | The Hindu

While spending increased in India, income levels did not keep up: RBI survey

An RBI survey shows that in the second half of 2024, more people were pessimistic about the Indian economy. This was not the case in the first half of the year

from Business News Today, Latest Finance News | The Hindu

Bitcoin powers above $105,000 for the first time

Bitcoin hit a high of $105,142 and last traded at $104,666.

from Business News Today, Latest Finance News | The Hindu

‘AI revolutionising security industry’

from Business News Today, Latest Finance News | The Hindu

ASSOCHAM Secretary General Deepak Sood steps down

Deepak Sood steps down as Secretary General of ASSOCHAM after significant contributions to the chamber’s growth and success

from Business News Today, Latest Finance News | The Hindu

ED restitutes assets worth Rs 4,025 crore in Bhushan Steel bank 'fraud' case

The Enforcement Directorate has restituted ₹4,025 crore worth of Bhushan Steel assets to JSW Steel following Supreme Court approval in a case involving alleged bank loan fraud under the Prevention of Money Laundering Act

from Business News Today, Latest Finance News | The Hindu

AGI Greenpac opens regional office in Dubai

The glass packaging sector in the Middle East is projected to reach $12.44 billion by 2029, growing at a CAGR of 5.41%.

from Business News Today, Latest Finance News | The Hindu

Maharashtra to become a $1 trillion economy by 2028-2030: Fadnavis

The newly elected Chief Minister of Maharashtra Devendra Fadnavis suggested that reaching the target would need focus on logistics and data

from Business News Today, Latest Finance News | The Hindu

Rupee recovers from all-time low, gains 5 paise to 84.83 against U.S. dollar in early trade

At the interbank foreign exchange, the rupee opened at 84.85 and inched up further to 84.83 against the greenback, registering a gain of 5 paise from its previous close

from Business News Today, Latest Finance News | The Hindu

Flipkart to upskill 16,000 candidates for e-com jobs by 2025

from Business News Today, Latest Finance News | The Hindu

BlueStone files papers with SEBI to raise ₹1,000 cr. through an IPO

from Business News Today, Latest Finance News | The Hindu

Sensex, Nifty climb in early trade amid positive global cues

The 30-share BSE benchmark Sensex climbed 83.73 points to 81,609.87 in early trade. The NSE Nifty went up 12 points to 24,604.45.

from Business News Today, Latest Finance News | The Hindu

No interest rate cut in RBI's Feb policy review, or anytime in FY26: Axis Bank's Mishra

Even if the RBI cuts rates with an eye on propping-up growth, a 0.50% decline in its key rates will not be a "decisive" move to help the growth process, he said

from Business News Today, Latest Finance News | The Hindu

MSMEs appeal to Finance Commission for special funds

The appeal was made before the visiting members of the Finance Commission to the State at a meeting in Kovalam

from Business News Today, Latest Finance News | The Hindu

U.S. STOCKS: Nasdaq hits 20,000 as inflation data raises Dec rate-cut hopes

"Nasdaq is rallying on the prospect of a rate cut next week and has room to move higher," said Peter Cardillo, chief market economist at Spartan Capital Securities

from Business News Today, Latest Finance News | The Hindu

How producer bias affects consumers

Public choice economists have attributed the prevalence of producer bias in policymaking to the greater lobbying power that producers have as compared to consumers

from Business News Today, Latest Finance News | The Hindu

“Beauty, cosmetics market projected to reach $46.6 billion by 2032”

While personal care, make-up and skincare are the fastest-growing categories, with a CAGR rate of 4.5%, the fragrances are increasing in sales percentage, industry executives said

from Business News Today, Latest Finance News | The Hindu

Deepening India’s steps as a key space-faring nation

Space is an emergent sector with much potential for commercialisation

from Business News Today, Latest Finance News | The Hindu

Indian rupee hits record low as appointment of new RBI chief spurs dovish bets

The rupee hit a low of 84.80 in early trading, surpassing its previous all-time low of 84.7575 hit last week.

from Business News Today, Latest Finance News | The Hindu

Nvidia’s stock dips after China opens probe of the AI chip company for violating anti-monopoly laws

Shares of Nvidia have slipped after China said it is investigating the U.S. microchip company over suspected violations of Chinese anti-monopoly laws

from Business News Today, Latest Finance News | The Hindu

On reforms in merchant shipping | Explained

Have the Merchant Shipping Act, 1958, and the Coasting Vessels Act, 1838 failed in addressing the contemporary needs of the merchant marine sector? What are some of the international maritime conventions that India has ratified? Will the new Bills address maritime training and education as well?

from Business News Today, Latest Finance News | The Hindu

Equity markets see high volatility, Sensex falls 150 points, nifty down 37 points

30-share BSE Sensex declined 151.36 points or 0.19f to 81,557.76 in the initial trade; NSE Nifty fell 37.45 points or 0.15% to 24,640.35

from Business News Today, Latest Finance News | The Hindu

The place of charity in an unequal society

Billionaire Warren Buffet has given away an amount of almost 52 billion dollars to various charities. While such a move is no doubt commendable, one must also question the processes generating the concentration of such wealth in the first place, regardless of whether it is to be used for philanthropy or not

from Business News Today, Latest Finance News | The Hindu

The issue of India’s economic growth versus emissions

A look at the claim made in the Economic Survey (2023-24), of India having decoupled its economic growth from greenhouse gas emissions

from Business News Today, Latest Finance News | The Hindu

FDI inflows into India cross $1 trillion, establishes country as key investment destination

About 25% of the FDI came through the Mauritius route; the key sectors attracting the maximum of these inflows include the services segment, computer software and hardware, telecommunications, trading, construction development, automobile, chemicals, and pharmaceuticals

from Business News Today, Latest Finance News | The Hindu

Insolvency process: RBI Deputy Guv pitches for enforceable code of conduct for CoC

Rao also said significant improvements are needed with respect to the area of CoC

from Business News Today, Latest Finance News | The Hindu

Laurus Labs arm inks pact to secure ₹120 crore investment

from Business News Today, Latest Finance News | The Hindu

RBI projects real GDP growth in 2024 at 6.6%

According to RBI Governor Shaktikanta Das, “the risks are evenly balanced”.

from Business News Today, Latest Finance News | The Hindu

RBI Monetary Policy Committee meeting: policy rate unchanged at 6.5% for 11th time in a row

The last time the MPC had increased rates to 6.5% was in February 2023

from Business News Today, Latest Finance News | The Hindu

JBM Group signs MoU with Singapore’s Keppel to drive energy transition

from Business News Today, Latest Finance News | The Hindu

Watch: India’s July-September growth slides: what options does RBI have? | Business Matters

Are we looking at a prolonged slowdown?

from Business News Today, Latest Finance News | The Hindu

OpenAI partners with defence firm Anduril to use AI in national security missions

Anduril Industries and OpenAI on Wednesday announced a partnership to develop and deploy advanced artificial intelligence solutions for national security missions

from Business News Today, Latest Finance News | The Hindu

Rating agencies expect MPC to hold rates due to high inflation

Amid a slowdown in Q2 growth and high inflation reported in October, the RBI’s monetary policy committee began its three-day meeting on Wednesday

from Business News Today, Latest Finance News | The Hindu

Microsoft faces UK lawsuit over cloud computing licences

Microsoft faces legal action in Britain over a claim that thousands of businesses could be paying higher licence fees to use Windows Server software

from Business News Today, Latest Finance News | The Hindu

Meta seeks nuclear power developers for reactors to start in early 2030s

Meta said on Tuesday it is seeking proposals from nuclear power developers to help meet its artificial intelligence and environment goals

from Business News Today, Latest Finance News | The Hindu

IndiGo files law suit against Mahindra, seeks to prevent use of 6e in electric SUV

IndiGo goes by the call sign 6E, while Mahindra’s new EV is named BE 6e

from Business News Today, Latest Finance News | The Hindu

US targets China's chip industry with new restrictions

The United States on Monday launched its third big crackdown in three years on China's semiconductor industry, curbing exports to 140 companies

from Business News Today, Latest Finance News | The Hindu

Intel CEO Gelsinger retires; Zinsner and Johnston Holthaus named interim co-CEOs

Struggling chipmaker Intel says in a surprise announcement that CEO Pat Gelsinger has retired

from Business News Today, Latest Finance News | The Hindu

Manufacturing growth slipped in November to joint 11-month low

PMI eases to 56.5 from 57.5 in October but new export orders surge at 4-month high pace; firms raise prices at fastest pace in 11 years, even as finished goods start piling up for the first time in over seven years

from Business News Today, Latest Finance News | The Hindu

Sensex, Nifty decline in early trade amid disappointing macroeconomic data

The BSE benchmark Sensex tanked 493.84 points to 79,308.95 in early trade. The NSE Nifty declined 122.45 points to 24,008.65

from Business News Today, Latest Finance News | The Hindu

Auction-only route for dust tea sale against govt.’s ease of doing business policy: NETA

The North East Tea Association voiced their concerns in a letter to Commerce and Industry Minister Piyush Goyal; they also sought reasonable selling time at auction so that teas do not remain unsold

from Business News Today, Latest Finance News | The Hindu

FPIs' selling spree continues in November at ₹21,612 crore

While the sell-off continues, the quantum of net outflow significantly reduced compared to October, when FPIs recorded a massive withdrawal of ₹94,017 crore

from Business News Today, Latest Finance News | The Hindu

How will bribery charges impact Adani?

What will be the financial implications of the U.S. indictment? Will lenders continue to give out loans to the Group?

from Business News Today, Latest Finance News | The Hindu

Dolby bets big on Indian automobile sector to replicate China success story

Dolby expands into Indian auto market with immersive audio technology, partnering with Mahindra & Mahindra for EVs

from Business News Today, Latest Finance News | The Hindu

Skylark unveils OT Cybsersecurity CoE in Chennai with Fortinet

Skylark IT & Fortinet launch India’s first OT Centre of Excellence in Chennai, showcasing cutting-edge security solutions for industries

from Business News Today, Latest Finance News | The Hindu