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High electricity markups for industrial users in India reduce their global competitiveness, as highlighted by the Economic Survey. Rationalizing tariffs is complex due to the financial health of distribution utilities and political risks. Increased generation capacity and reduced demand-supply gap have marginally improved power supply. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/knKw9y7

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Bajaj Broking Research highlights top stock picks including Tata Steel, and Bharat Electronics for January 31, 2025. Nifty and Bank Nifty indices show potential for pullbacks and consolidation. from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/7CYmeW5

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The Federal Reserve decided to maintain its benchmark lending rate between 4.25% and 4.50% despite President Trump's calls for reductions. The Fed highlighted stable unemployment and solid labor conditions, while acknowledging elevated inflation. Experts are uncertain about future rate cuts amid Trump's trade and immigration policies. from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/fetru5M

RBI's decision to infuse ₹1.5 lakh crore liquidity boosted banking stocks, leading to a sensex rise of 530 points. Despite a late sell-off, major banks led gains, while foreign funds continued selling. Mid- and small-cap sectors saw declines. Upcoming events, such as the US FOMC meeting and Union Budget, are expected to contribute to market volatility. from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/M9uo7Kt

Chinese telecom equipment company TP-Link has entered into a partnership with Optiemus Electronics for local production. Optiemus, based in Noida, will manufacture a range of TP-Link's networking devices and smart home products, including GPON, security cameras, home Wi-Fi routers, enterprise routers, modems/gateways, and network expansion devices. from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/VJCrBMd

RBI announced measures to infuse over Rs 1.5 lakh crore in money markets to address liquidity shortfall. The plan includes government bond buy-backs, a long-term repo auction, and a dollar-rupee swap auction. These steps, seen as a precursor to a possible repo rate cut in February, aim to stabilize the financial system and enhance monetary transmission. from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/VBnmRez

Automobile exports from India saw a notable 19% increase in 2024, reaching 50,98,810 units compared to 42,85,809 units in 2023. The growth was driven by strong demand for two-wheelers, passenger vehicles, and commercial vehicles, particularly in emerging markets such as Latin America and Africa. from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/cVZWDSA

The road transport ministry in New Delhi proposed a tax rebate of up to 50% for buyers who submit a scrapping certificate for their BS-I, BS-II, or older vehicles. This initiative aims to reduce vehicular pollution by encouraging citizens to replace old, polluting vehicles with newer models, providing significant financial incentives. from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/5L7Kbt4

ICICI Bank's profit after tax increased by 14.8% year-on-year to Rs 11,792 crore for Q3-2024, driven by higher net interest income, fee earnings and a 15.1% loan growth. On a consolidated basis, profit rose by 16.6% to Rs 12,883 crore, with strong performance from subsidiaries. from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Qsu8mRZ

Venugopal (Venu) Lambu has been appointed as the new CEO of LTIMindtree for a five-year term. Lambu, a three-decade IT veteran, takes over from Debashis Chatterjee, who led the company to a $4.3-billion IT enterprise. Lambu previously served as the CEO of Randstad Digital. from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2gcausC

India is expected to maintain a growth rate of 6-8% while controlling inflation in the coming years, said Union minister Ashwini Vaishnaw. Focus areas include simplifying tariffs and customs laws to boost exports. Inclusive growth remains central, supported by manufacturing and services. India's talent pool and trust in policies attract companies to shift operations there. from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/eO5sHfy

The government is expected to exceed its fiscal deficit consolidation target for FY25 due to slower-than-budgeted public capex in an election year, closing at 4.8% of GDP. For FY26, the fiscal deficit is projected to achieve the target of below 4.5% of GDP, with substantial RBI dividends aiding the target, despite weak growth and expenditure cuts. from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/F4Lg9AI

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Life insurance companies are opposing the exemption of term insurance policies from GST, citing increased costs due to the loss of input tax credit. They propose maintaining a 12% GST rate to offset costs. The decision has been deferred, awaiting feedback from insurance regulator Irdai. Inconsistent implementation could lead to higher premiums and impact affordability for consumers. from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3KfOXnT

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President-elect Donald Trump's plan to eliminate the U.S. Department of Education could lead to a $55 million loss in federal funding for Lancaster County schools. This would significantly affect resources for low-income and special needs students. As funding for essential programs like Title I is cut, schools are left to face the challenge of maintaining services with reduced budgets. Local educators and advocates are concerned about the immediate and long-term impact on education. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/fXtLZBp

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MPPSC is closing the online application for the 2024 Medical Officer recruitment today, January 19, 2025. Eligible candidates must apply on the official website to fill 895 vacancies. Corrections to application forms can be made until January 21, 2025. Applicants should have an MBBS degree. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/exhl0f2

The National Testing Agency has announced the results for the SWAYAM July 2024 Semester Examinations, available on the official portal. Out of 64,877 candidates, the results for 459 CBT-mode courses are published. The Hybrid mode results remain pending. The exams were held in December 2024 across 270 centers in 249 cities. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/DrSmNgM

The Madhya Pradesh Public Service Commission declared the State Service Examination 2022 results, with Deepika Patidar emerging as the topper. Six women secured positions in the top 10. Results for 87% of vacancies were released, with the remainder pending due to an ongoing reservation case in the High Court. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/IMl7Vwd

Private banks like Kotak Bank and RBL Bank are experiencing higher defaults in the microfinance sector. Kotak Bank reported a 10% rise in net profit, but its microfinance arm saw significant losses. Similarly, RBL Bank saw an 86% drop in net profit due to increased provisions for microfinance loans. Industry-wide challenges are anticipated to stabilize in the coming quarters. from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/XQouJmy

Startups and VC firms are seeking a simplified tax regime and measures to increase domestic capital availability in the upcoming Budget. They emphasize parity in taxation between foreign and domestic funds to attract foreign investors and foster growth for Indian AIFs. from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/bzwg7q6

Hindenburg Research, known for targeting Adani Group in 2023 and causing a $140 billion loss in market value, is winding down. Despite facing backlash and stirring controversy, it uncovered corporate fraud globally, leading to significant legal actions and financial implications. from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/B5FG4aL

Net household financial savings in India improved from 5% of GDP in FY23 to 5.3% in FY24, and early indicators suggest a sharp rebound in the first half of FY25. This upturn is attributed to reduced household liabilities, boosted insurance savings, lower currency holdings, and robust capital market investments. Household debt also increased, reaching 41% of GDP in FY24. from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/tCoE3N5

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RBI Governor Sanjay Malhotra faces a significant test as the rupee is poised to breach 86 due to a stronger dollar. This complicates GDP growth efforts expected to slow to 6.4% in FY25. Forex intervention has tightened liquidity, impacting interest rates and contributing to capital outflows. from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/1anK4Zf

Union Minister Ashwini Vaishnaw visited the Film and Television Institute of India in Pune, inaugurated a new 586-seat cinema theatre-auditorium, and shared his vision for cinema education and industry linkages. The modern auditorium features a pioneering horizontally movable screen, a cinema projector, and a state-of-the-art Dolby Atmos sound system. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/iaOlEud

SOF Declares IMO Result 2024-25: The Science Olympiad Foundation (SOF) has declared the results of the International Mathematics Olympiad (IMO) 2024-25, available on sofworld.org. Students in Classes 1 to 12 have competed to test their mathematical skills. Winners receive various awards, including cash prizes, medals, and scholarships at international, zonal, and school levels. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/3C5FNhI

The ICAI CA Foundation January 2025 exams commence today, covering subjects like accounting and business laws, with the exam schedule from January 11 to January 18. The result is expected in March 2025. Admit cards are available online only. CA Intermediate exams also started on January 11. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/786cunb

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Restaurants are upset with Swiggy and Zomato for launching standalone apps, Snacc and Bistro, which deliver quick meals using customer data, moving beyond their role as marketplaces. Restaurants plan legal action, citing unfair competition, while expressing concerns about potential customer migration to private-label products sold on the new apps. from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/nrBSM8u

In Q2 FY25, the microfinance industry contracted, with delinquency rates increasing to 4.3%, driven by defaults in loans overdue by 30 to 180 days. The industry's portfolio decreased, and measures were discussed to advocate a credit guarantee scheme, operational funds for Northeast India, and improvements in financial practices, governance, and cybersecurity. from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/I45QphC

In 2024, Tata's Punch SUV surpassed Maruti's Swift to become the best-selling car in India. Buyers are increasingly preferring SUVs over hatchbacks. Tata Motors achieved its highest sales volumes with SUV sales growing significantly. Maruti WagonR is the only hatchback in the top 5. Tata Motors' multi-powertrain strategy contributed to its strong SUV sales. from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/K0nM7f6

The NTA has released admit cards for the UGC NET December 2024 exam scheduled on January 9, 2025. Candidates can download them from ugcnet.nta.ac.in. Earlier, admit cards were issued for exams on January 3, 6, 7, and 8. NTA will conduct UGC NET December 2024 exam between January 3-16, 2025, covering 85 subjects across multiple dates. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/HGs3oOB

Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Tuesday. While BSE Sensex moved up over 350 points, Nifty50 was above 23,750. from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/pzMlJCY

The BPSC conducted a re-test for the 70th CCE Prelims on January 4, 2025, for candidates affected by the canceled December 13 exam at Patna’s Bapu Centre. Admit cards were issued to 12,012 candidates, but only 5,943 appeared. Protests over an alleged paper leak led to police intervention on December 25. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/vixLdnM

India will not immediately restrict laptop imports, expecting local production to grow through initiatives like the Rs 17,000 crore PLI scheme by companies such as HP and Dell. Additionally, the government is finalizing an enhanced financial incentive plan to attract new semiconductor investments. from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2FnSk9u

Engineering students protest at Mumbai University’s Kalina campus, demanding a 'carry-on' chance due to possessing one ATKT in their first year, which is preventing them from advancing to the third year. They cite other universities’ leniency and claim unfair evaluation practices. The university permits 'carry-on' in exceptional cases like the pandemic batch. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/Q2Jeft4

The Karnataka Examinations Authority (KEA) has released the K-SET 2024 results for Assistant Professors eligibility, with 6,302 candidates qualifying out of 89,416 who appeared. Successful candidates must complete document verification to receive certification. Detailed results and cut-off scores are available on the KEA website. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/gDdxyjB

The electric vehicle industry in India communicated to Commerce Minister Piyush Goyal that they will no longer require subsidies once the current regime ends. Goyal emphasized the nation's readiness for electric mobility and plans to simplify the setting up of charging infrastructure at petrol pumps. He also expressed intentions to strengthen economic ties with the US amid trade tariff tensions. from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/yhqZIa5

The sensex surged by 1,436 points, nearly reaching 80,000, driven by broad-based buying and short covering. Gains in banking, IT, auto and metal stocks also fuelled the rally amidst low foreign fund activity. Major contributors to the rise included Infosys, Reliance Industries, and Bajaj Finance, while Sun Pharma was the only laggard. from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/TSAxzdq

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