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Subscribe to enjoy similar stories. Financing electric vehicle (EV) purchases is no longer risky compared to about five years ago, as more established players are now manufacturing such vehicles and the zero-emission mobility ecosystem has grown in the country, Shriram Finance's executive vice-chairman Umesh Revankar said. "I do not see a risk in lending for electric vehicles now because I feel technology is getting established and becoming more reliable because of the presence of large and established manufacturers.

Arunachal Pradesh Chief Minister Pema Khandu said the Siang Upper Multipurpose Project (SUMP), estimated to cost Rs 1.13 lakh crore, was being planned by the Centre not just for generating electricity but to maintain the natural flow of the river all year round and mitigate risks of flooding if China released excess water. Khandu's remarks came in the wake of China approving the construction of the world's largest dam, at a cost of USD 137 billion, on the Brahmaputra river in Tibet close to the Indian border. The dam is to be built at a huge gorge in the Himalayan reaches where the Brahmaputra river makes a huge U-turn to flow into Arunachal Pradesh and then to Bangladesh.

Subscribe to enjoy similar stories. The promise of big returns from thematic and sectoral funds comes with equally high risks. With nearly half of the 147 thematic and sectoral mutual funds trading below their issue price as of December, it is important to assess whether thematic funds belong in your portfolio or if they are better avoided.

Generative AI, being able to pick from a variety of models is a key requirement for enterprise customers and startups looking to optimise each use case to drive business outcomes, according to executives from cloud computing giant AWS. “There is no one LLM (large language model) that will meet the needs of all customers,” said Kumara Raghavan, head, startups at AWS India and South Asia.

Rihanna is reportedly aiming to remove Kendall Jenner and her entire family from the guest list of the 2025 Met Gala, as per reports. The singer and fashion mogul, known for her strong personality, is believed to be using her significant influence to make this happen, particularly now that her longtime partner, A$AP Rocky, is on the Met Gala planning committee.

Milind Chandwani, an Indian Institute of Management (IIM) graduate and the founder of Camp Diaries Bengaluru, has captured widespread attention online. Chandwani shared an unusual incident from his late-night cab ride from Bengaluru airport, highlighting the challenges overworked drivers face and the unexpected situations life throws at us.

Wall Street's holiday cheer ended abruptly on Friday, with all three main benchmarks closing lower in a broad-based sell-off affecting even tech and growth stocks that had driven markets higher through much of the shortened trading week. The decline ended the Dow Jones Industrial Average's five-session winning streak that had followed a 10-session decline, its worst losing stretch since 1974.

529 college savings plans are powerful tools to help pay for the mounting costs of an education

Many people, especially those with debt, will be discouraged by the recent Federal Reserve forecast of a slower pace of interest rate cuts than previously forecast.

Q. If I tear down and then rebuild my principal residence of 32 years and sell it without moving in, will I have to pay any capital gains tax or Harmonized Sales Tax (HST)? Is there anything else I should be aware of so I don’t get in the crosshairs of the Canada Revenue Agency (CRA)?

Power Purchase Adjustment Charges (PPAC) have been sharply reduced in Delhi which will provide a relief to the city's consumers who can expect lower electricity bills now, officials said on Friday. Discom officials said the earlier (September) PPAC of Tata Power Delhi Distribution Limited (TPDDL) was 37.88 percent, BSES Yamuna Power Limited (BYPL) 37.75 percent and BSES Rajdhani Power Limited (BRPL) 35.83 percent.

buy or rent an apartment in a tier-1 city has gone viral, sparking widespread debate on social media. The question posed was about financial priorities and whether it makes sense to invest in property or opt for renting while focusing on savings. The tweet read, “25-year-old with 20 LPA job. Buy or Rent an apartment in Tier 1 city?” A Chartered Accountant reacted to the social media post and answered the question.

Canadians preparing to head to the polls in the new year are likely to be voting with their wallets.

«We do expect some bullish factors still to play out like Ramzan, but we are expecting big Latin American soybean oil crops so that will moderate the bullishness,» says Nadir B Godrej, CMD, Godrej Industries. Let us discuss what has happened in October to November and that is the surge in the palm oil prices. They had surged a bit, but then there has been a bit of a volatility. They have corrected a bit of late as well. What is the sense on the prices going forward? Are they expected to be as volatile or what are the levels that you are watching out for? Nadir B Godrej: This has been a very unusual situation because palm oil has had a huge premium over soybean oil, which we have not seen in the past. It was always a discounted oil, but it is in high demand nowadays for both biodiesel as well as for speciality fats and that is keeping palm oil at a premium to the other oils. It was even at a premium to rapeseed oil and sunflower oil for a while and a big premium to soybean oil.

Shoppers flocked to malls on Thursday to take advantage of Boxing Day deals made more enticing by the federal government’s GST holiday, but some say the lower prices aren’t enough to keep up with the country’s cost of living.

Subscribe to enjoy similar stories. Cantabil Retail India Ltd faced setbacks after 2010 but rebounded with strategic restructuring. Now debt-free, it targets ₹1,000 crore in sales by FY27, expanding its store presence, boosting margins, and leveraging e-commerce.

Subscribe to enjoy similar stories. Federal Reserve Chair Jerome Powell is walking an old tightrope into 2025: He is trying to avoid appearing confrontational with Donald Trump, even though some of his colleagues are signaling unease that the president-elect’s policies might rekindle inflationary pressures. The difficult balancing act was on full display over the last two months.

In its economic review for November, the ministry also said the «combination of monetary policy stance and macro-prudential measures by the central bank may have contributed to the demand slowdown» in the first half of FY25. It termed the RBI's move to lower the cash reserve ratio to 4% from 4.5% as «good news». This will enable banks to lend more and should help boost credit growth, which has «slowed a little too much and quickly in FY25», the ministry said.