Page 95 - Bs Reporter

Wholesale price inflation soars to 2.37% in Dec; food prices see decline

The wholesale price index (WPI) based inflation stood at 0.86 per cent in December last year

AI set to reshape 38 mn jobs in India by 2030, boost productivity: EY

EY's analysis of over 10,000 tasks across industries highlights varying productivity gains across sectors

Adani group stocks rally, market capitalisation up by Rs 1.04 trillion

However, Adani group companies are still trading significantly below their all-time highs

United Spirits appoints Praveen Someshwar as CEO-designate from March 1

Someshwar has been MD and CEO of HT Media for the last five years. Before that, he had served in various positions at PepsiCo in India and in the wider Asia Pacific region for over 24 years

IDBI Bank staff to protest before Parliament to stall disinvestment

"There is no reason why this profit-making entity should be sold to private entities, more so to entities of foreign origin." the forum said.

Lenders must offer fixed-rate products for EMI-based loans, says RBI

While lenders offer fixed rate auto loans, unsecured personal loans, not many banks and NBFCs have fixed rate products for home loans

TVS family veteran H Lakshmanan dies at 92 due to age-related ailments

Starting at just twenty years old, Lakshmanan worked closely with TVS Motor founder TS Srinivasan (Cheema), mastering every nuance of the business operations - from legal contracts to labor relations

First HMPV case in elderly reported in India amid China's recent surge

The patient, an 80-year-old man in Gujarat, is infected with virus. He has no travel history abroad, say officials

Two key changes F&O norms will now take effect from February 10

The upfront collection of option premiums and the removal of calendar spread treatment on the expiry day will come into effect from February 10

Buying Term Insurance? Here are the best plans for you to consider

Term insurance is a must for young professionals who are looking to provide a cushion for their dependants

Borrowers with microfinance, retail overlap have higher delinquency: CRIF

The report highlighted that borrowers with an overlap of microfinance and retail loans exhibited higher delinquency rates compared to those with only microfinance loans.

Proposed steel import duty may drive prices higher in 2025: CRISIL

In 2024, domestic steel prices fell, influenced by higher net imports

NSE plans expansion of its colocation facility, to add 2,000 new racks

The new additions will be made within its existing premises

Indices end with minor losses as FPI selling offsets gains in heavyweights

The Sensex opened the session marginally higher but fell as much as 0.9 per cent before paring some of its losses

PM Modi lays foundation stone for Rs 1.85 trn green hydrogen hub in Andhra

Among the major projects was the state-of-the-art NTPC Green Energy Limited Green Hydrogen Hub Project at Pudimadaka near Visakhapatnam

Nuvoco-Vadraj deal via insolvency route valued at up to Rs 3,000 crore

On Monday, Nuvoco announced it had emerged as the successful applicant for Vadraj Cement in the corporate insolvency resolution process but did not disclose the deal value

United Breweries suspends supplies to Telangana Beverages Corporation

The stock price of United Breweries closed 4.09 per cent lower in Wednesday's trade to end at Rs 1,990.50 per share on NSE.

India Inc files ECB plans worth $ 2.83 bn in November, shows RBI data

Out of this, the intent for fund raising through the automatic route amounted to $1.39 billion and that via the approval route was $ 1.43 billion, according to RBI data

CS Setty, Uday Kotak nominated as governing council members of NIIFTL

Finance minister Nirmala Sitharaman is the chairperson of the six member council and secretaries of department of economic affairs and financial services are the other members

Exim Bank raises $1 bn via 10-year dollar bonds at tightest-ever spreads

Capitalising on strong demand, Exim Bank managed to tighten the final price by 30 basis points from the initial price guidance to achieve pricing of UST10+100 basis points