Politics News Today Live Updates on January 1, 2025: Andhra Pradesh sinking in debt, Chandrababu’s Naidu’s net worth soars, says YSRCP after ADR report on richest CMs
Politics News Today Live Updates: In today’s complex political climate, understanding the latest developments is essential. Our Politics News delivers comprehensive coverage of government actions, policy changes, and significant political events both nationally and globally. Whether it’s legislative reforms, political debates, or diplomatic talks, we provide in-depth analysis and timely
PhonePe, GPay get 2 years more to cut UPI market share
MUMBAI: NPCI has extended by two years the deadline for third-party apps PhonePe and Google Pay to bring down their market share in UPI. The apex payments body has also lifted the onboarding limit, capping the maximum number of users at 10 crore for WhatsApp in respect of UPI.This is
10-min delivery boom: Companies to watch out for profit, regulatory hiccups
MUMBAI: From stocking up on breakfast staples milk and eggs, packs of noodles and chips to satisfy midnight cravings and buying iPhone 16 at the tap of their smartphones, Indians shopped their way through quick commerce platforms last year. 10-minute deliveries will continue to be the flavour of 2025 as
Rupee falls 13 paise to all-time closing low of 85.65 against U.S. dollar
Image used for representational purposes. File | Photo: C. Venkatachalapathy/The Hindu The rupee depreciated 13 paise to close at a fresh record low of 85.65 (provisional) against the U.S. dollar on Tuesday (December 31, 2024), ending the year with a sharp 3% loss on significant foreign fund outflows and a
Family settlement: Kirloskar companies to challenge Sebi
NEW: Four Kirloskar companies on Tuesday said they are preparing to legally challenge a letter by markets regulator Sebi, asking them to disclose the deed of family settlement that was signed by members of the Kirloskar family on Sept 11, 2009. In separate regulatory filings, Kirloskar Ferrous Industries (KFIL), Kirloskar
$31 billion: Startup funding falls to lowest level since 2019
CHENNAI: 2024 ended with private equity-venture capital (PE-VC) investments of $31.1 billion, the lowest since 2019 in India. The cumulative investments were down by 5.5% when compared with 2023, which accounted for $32.9 billion, the second lowest in the past six years. However, the number of deals exceeded 1,000, from
Sensex declines 109 points in final session, ends 2024 with over 8% gains
A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai. | Photo Credit: REUTERS Benchmark indices Sensex and Nifty ended lower in the final session of 2024 on Tuesday (December 31, 2024) amid persistent foreign fund outflows and
Core sector growth rises to 4-month high
NEW DELHI: Growth in the country’s eight key infrastructure sectors rose to a four-month high in Nov, led by cement, coal and electricity sectors. Data released by the commerce and industry ministry on Tuesday showed the eight core sectors, spanning coal, crude oil, natural gas, petroleum/refinery products, fertilisers, steel, cement
Rupee plunges nearly 3% in 2024, from 83.24 to record low of 85.59/$
Mumbai: The rupee ended 2024 on a weaker note, depreciating 2.8% against the US dollar to close the year at 85.59, down from Monday’s close of 84.54. This marked the seventh consecutive year of decline for the Indian currency. Dealers attributed the year-end drop to a possible shift in RBI’s
Capex recovers, fiscal deficit at 52.5% by Nov.
The Union Government’s fiscal deficit stood at about ₹8.5 lakh crore or 52.5% of the 2024-25 Budget estimates at the end of November, up from 46.5% a month ago. The fiscal gap was 6.6% below the April to November 2023 figures. The Centre’s capital expenditure grew 21% in November after