Country Financial News

Zoho Corporation's CEO Sridhar Vembu has sparked the 70-hour work week debate once again by backing Infosys co-founder Narayan Murthy.

credit growth to support economic expansion, a central bank report said, which compared the country's total debt to gross domestic product (GDP) metric with the ratios for both advanced and emerging markets to arrive at what it described as an 'optimal' threshold. «India's total credit-to-GDP ratio (including credit extended by banks as well as NBFCs) at 90.1% in 2022 was below that of AEs and emerging market economies (EMEs) as well as the estimated threshold (of 113.1%),» said a note published Thursday in the latest report on Trends and Progress in Banking.

Subscribe to enjoy similar stories. India’s medical technology (medtech) industry is poised for rapid growth in the coming years, with several new players entering the segment to meet the rising global demand for a range of medical devices. The Indian medtech industry is relatively young and will take time to earn the confidence of local hospital chains that source most of their devices from established, foreign multinational corporations (MNCs).

Subscribe to enjoy similar stories. New Delhi: Our economy has been one of the fastest growing globally, successfully doubling its per capita income over the last decade. This economic shift is driving a surge in consumption, with domestic tourism almost doubling from 1.28 billion in 2014 visitations to 2.51 billion in 2023.

Apple's third-biggest market -after the US and China-by 2026, with volumes sold locally surging by up to a fifth next year to as many as 15 million units, as the iPhone maker pivots toward other emerging economies to offset the impact of an alarming Chinese market-share shrinkage triggered by Huawei's revival.

Christmas message by saying former hockey player Wayne Gretzky ought to be the prime minister or governor. In his yearly Christmas message, President-elect Donald Trump made fun of Canada by proposing that former hockey star Wayne Gretzky, who supports Trump, run for prime minister or governor.

Dr Manmohan Singh has sent a wave of mourning across the nation. Leaders from both ruling and opposition parties expressed grief over his demise and remembered his contributions.

U.S. president-elect Donald Trump says he told Canadian hockey legend Wayne Gretzky during a Christmas Day visit that he should run for prime minister of Canada.

Jacqueline Fernandez. This letter, which has quickly gone viral on social media, comes as part of a series of personal messages Sukesh has written to Jacqueline during his time in custody.

low ash metallurgical coke for six months from January 1 to June 30, 2025, according to a notification. The government has also imposed quantitative restrictions (QR) on the imports from certain countries, including Australia, China, Colombia, Indonesia, Japan, Poland, Qatar, Russia, Singapore, Switzerland, and the UK.

A Japanese government panel has largely supported a draft energy policy calling for bolstering renewables up to half of Japanese electricity needs by 2040

DPIIT) recognising 1.57 lakh startups as of December 25, 2024. Of these, more than 73,000 have at least one woman director, reflecting the growing role of women in entrepreneurship.

human space mission in early 2026, Union Minister of State (Independent Charge) for Science, Jitendra Singh said on Thursday. Speaking at the 'Commemoration of the 20th anniversary of the 2004 Indian Ocean Tsunami' at the Indian National Centre for Ocean Information Services (INCOIS), he recalled that Prime Minister Narendra Modi had mentioned the Deep Sea Mission in the past Independence Day address.

Subscribe to enjoy similar stories. Microsoft is trying a new approach to build excitement for its artificial-intelligence assistant Copilot: Give it to customers whether they want it or not. The tech company recently added Copilot to its consumer subscription service for software including Word, Excel and PowerPoint in Australia and several Southeast Asian countries.

Subscribe to enjoy similar stories. While writing a letter to a friend from college, the late David Foster Wallace came up with the line “Every love story is a ghost story", which later became the name of DT Max’s biography of Wallace. I was reminded of this line and its semantic genius (both love and ghosts are the sworn enemies of reason) more than once as I read Akhil Katyal’s recently released collection of poems, The Last Time I Saw You.

Aditi Nayar, Chief Economist, ICRA, says she expects that the rupee will remain in the 85-86 range until the Budget is presented and that will take care of the Trump presidency transition as well. Once the Budget is presented, and there is some clarity on the US tariff policy front – although possibly we are in for a year where there could be a lot more volatility and a lot more changes as compared to what we have seen in the past coming in from the US – ICRA will take a relook. The slide of the rupee has accentuated in the last couple of weeks and I am not sure if it is just a coincidence or is it just the timing with the new RBI governor coming on board? Has anything changed in the RBI policy in terms of management of the rupee and the forex reserves? Aditi Nayar: It is really a global phenomenon right now. EMs are all getting hit. The dollar is quite strong and the way the DXY is moving, it is no surprise that we are going to get some weakness coming in with the rupee. Having said that, the Indian rupee has still been one of the strongest performing EM currencies in the recent period.

Federation of Indian Export Organisations (FIEO) President Ashwani Kumar has also demanded extension of the five per cent Interest Equalisation Scheme (IES).

Supreme Court busy in 2024.The year also marked a shift in leadership for India's highest court.