Business News - Page 14

Will Union Budget 2025 deliver on financial sector reforms?

As India looks ahead to the 2025 Budget, the financial sector hopes for smart reforms that will boost stability, support entrepreneurship and make it easier for underserved regions to access capital

Why Union Budget 2025 must prioritise innovation in the consumer durables industry

Union Budget 2025 presents an opportunity to drive innovation, enhance local manufacturing and position India as a global leader in the consumer durables industry

From Compliance to Culture: The Urgent Need for Electrical Safety in India's Manufacturing Industry

As the Infra Safety campaign demonstrated, in the realm of manufacturing, electrical safety is not a luxury or an afterthought—it is a foundational element that must be integrated into every design, system, and protocol

Labour Code implementation: Will the Union Budget 2025 finally set the date?

All eyes are on Union Budget 2025 to see how it will implement Labour Codes, extend social security to gig workers and clarify key wage and gratuity issue

What Union Budget 2025 can do for a drone revolution that Indian agriculture needs

The Indian agricultural drone market, currently valued at $145.4 million, is projected to soar to $13 billion by 2030

Indian rupee falls to lifetime low of 86.31 against dollar; Sensex, Nifty down: 3 factors

The Indian rupee fell to a record low of 86.31 against the US dollar on Monday morning. A combination of domestic and global factors contributed to the fall. A weak INR also impacted the Indian stock market with Sensex and Nifty trading in the red

Union Budget 2025: Healthcare sector seeks tax cuts, funding innovations and rural outreach

As India prepares for the upcoming Union Budget, the healthcare sector is raising critical demands for comprehensive reforms and increased investment. To achieve Universal Health Coverage by 2030, experts are pushing for a significant rise in public healthcare spending, innovative funding models and policies that ensure access to quality care particularly in rural areas.

Rupee falls for 10th straight week, hits all-time low amid uncertainty over Trump impact

The development comes amid a strenghtening US dollar as well as uncertainty over potential economic policies from former US President Donald Trump weighing on global markets

UN predicts India’s economy to grow at 6.6% with strong private consumption, investment

As per the UN World Economic Situation and Prospects 2025, the Indian economy is forecast to expand by 6.6 per cent in 2025. The Indian economy is projected to return to the 6.8 per cent growth in 2026

AI tools in banking likely to eat 200,000 jobs in 5 years: Report

While AI’s rise sets the stage for disruption for workers, banks could see significant financial gains. Many believe generative AI tools are likely to enhance productivity and revenue generation by at least 5 per cent in the coming years

Watch | 'If I can make you work on Sundays, I will be happier': L&T chief calls for 90-hr work week

When asked why L&T is still making people work on Saturdays, Subrahmanyan said "I regret I'm not able to make you work on Sundays, to be honest. If I can make you work on Sundays, I will be more happier because I work on Sundays also"

Inflation worries in US, deflation tension in China: Two tales of two biggest economies

While the US economy wrestles with inflation, China is battling deflation. One power is navigating persistent price pressures, the other struggling to reignite consumer demand

Hindustan Shipyard Ltd quietly achieved Rs 20,000 cr order book, record turnover– but how?

This PSU's turnover tripled from FY21 to FY24. During that period, its order book jumped tenfold from Rs 2,000 crore to over Rs 20,000 during, and it has managed to deliver India's first Ocean Surveillance Ship and launched two Diving Support Vessels with 80% indigenous content

India's record-breaking love for gold stays that way despite $5bn cut in import numbers

India revised its November 2024 gold import figures to $9.84 billion, down 34 per cent from initial reports. The adjustment, linked to a calculation error, is expected to lower the record trade deficit of $37.8 billion reported for the month

Union Budget 2025: Real estate eyes the stars, seeks industry status and housing reform

With Budget 2025 around the corner, the real estate sector hopes for reforms to make housing affordable, improve infrastructure in smaller cities and gain industry status, aiming for a $1 trillion market by 2030

News18 Lokmat leads Marathi news segment with unmatched reach and market share

Another channel from Network18’s portfolio to become number one, News18 Lokmat has left TV9 Marathi and ABP Majha behind in the Marathi news genre

Sensex tanks over 1,400 points, Nifty falls below 23,600 as HMPV scare spreads to Indian stock markets

The BSE Sensex closed at 77,964.99 down 1,258.12 points or 1.59 per cent on Monday, January 6, 2025, while Nifty 50 ended the day's trade at 23,628 down 376.75 points or 1.57 per cent

Is China deliberately letting the yuan tank against the US dollar? What is Beijing's strategy?

The value of the yuan has tanked despite the central bank's seemingly continued efforts to support the currency. With a weaker yuan, China's exports are bound to become cheaper, making them more appealing to buyers

Sebi bans notorious trader Ketan Parekh for front-running scam: What was his modus operandi?

Sebi's investigation established a pattern in which Salgaocar, a consultant to Tiger Global for certain trades, relayed inside information to Parekh, who then disseminated instructions through WhatsApp groups

In a first, poverty declines faster in Indian villages than urban areas in 2024

In the 2023-24 financial year, India's rural poverty declined to 4.86 per cent from 7.2 per cent the year ago. Meanwhile, in urban areas, the decline was marginal. A look at what helped India make this remarkable change

Struggling e-commerce giant Alibaba inks $1.7 bn deal to sell stake in Chinese hypermarket

Hangzhou-based Alibaba, a leading player in China's vast e-commerce sector, has faced stiffer competition in recent years as its rivals surge and consumers look to cut costs

Sensex leaps 1,500 points on consumption boost, 6 factors pushing latest surge

On Thursday, BSE Sensex rose 1,525.46 points or 1.94 per cent and logged an intraday high at 80,032.87. Nifty 50, meanwhile, advanced 483 points or 2.03 per cent to the day's high at 24,226.70

India’s factory output at 12-month low, December second month of declining activity in a row

India's Manufacturing Purchasing Managers’ Index (PMI) fell to 56.4, down from 56.5 in November. Why it matters and how it affects Indian economy

Trump 2.0 trade risks dampen mood in Asian factories, soften expectations for 2025

US President-elect Donald Trump will make his return in the White House on January 20. However, his pledge to impose tariffs on imports from some countries have already soured the mood of Asian factories

How much GST did Indians pay in December 2024? Govt data says...

The Central GST (CGST) collection accounted for Rs 32,836 crore, State GST (SGST) for Rs 40,499 crore, Integrated GST (IGST) for Rs 47,783 crore, and Cess for Rs 11,471 crore. The year-to-date (YTD) GST collections now stand at Rs 16,33,569 crore

Yearender: From NPS Vatsalya to higher standard deduction, 5 money rules that changed in 2024

Apart from introducing changes to the National pension scheme and provding tax relief under the 'new tax regime', the government also overhauled the capital gains taxation system, tightened TDS on property sale, and raised IMPS money transfer limit

How Bitcoin and other cryptocurrency made a strong comeback in 2024

As the year 2024 ends, here is a look at the performance of cryptocurrency, especially bitcoin, that turned fortune of the investors within days

Declining rupee means bad business for Indian shares, eyes now on Q3 earnings

A persistent fall in the Indian rupee has been keeping foreign stock investors cautious. With the year drawing to a close, all eyes would now be on the third quarter earnings of the companies

The public is losing trust in Japan's financial institutions, but why?

After a bank theft at the country's largest lender, MUFG, and a robbery at Nomura Securities, the public's trust in the financial institutions of Japan is faltering. This comes amid the government's push for citizens to invest rather than rely on low-yielding savings accounts

Korean crypto founder Do Kwon, the man behind TerraUSD, to be extradited to US from Montenegro

Kwon’s company promised stability for TerraUSD, pegged to the US dollar, but the tokens entered a "death spiral" in 2022, destabilising global crypto markets and eroding investor confidence