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Indian economy in 2025. While the outlook remains optimistic, the report, authored by Radhika Rao Senior Economist, DBS Bank and Philip Wee, Senior FX Strategist, DBS Group, highlights both structural strengths and cyclical headwinds.

Raghuvinder Shokeen will replace Kailash Gahlot as a cabinet minister. Shokeen is an MLA from Nangloi Jat.

Public Distribution System (PDS) never reach their intended beneficiaries and the economic loss to the exchequer is forecast at over ₹69,000 crore annually, a new report by the Indian Council for Research on International Economic Relations (ICRIER) has revealed. The analysis indicates that around 20 million tonnes of rice and wheat, meant to feed 814 million people under government programs, are either diverted to the open market or exported. «This is an annual loss. Where is it going? Maybe it is being diverted to the open market or even for exports,» said Ashok Gulati, Infosys Chair Professor at ICRIER and one of the authors of the policy brief, along with Raya Das and Ranjana Roy. The report draws on data from the Household Consumption Expenditure Survey (HCES) and the Food Corporation of India’s (FCI) monthly offtake figures from August 2022 to July 2023. It highlights that despite improvements, the leakage of subsidised grains remains substantial, causing both financial and logistical strain.

long-range hypersonic missile. The missile was launched from Dr. APJ Abdul Kalam Island, off the coast of Odisha. It has been designed to carry various payloads and boasts a range exceeding 1,500 kilometers, making it a critical addition to India’s defence arsenal. Defence Minister Rajnath Singh highlighted the achievement, stating on X (formerly Twitter), “India has achieved a major milestone by successfully conducting the flight trial of a long-range hypersonic missile from Dr APJ Abdul Kalam Island, off the coast of Odisha. This is a historic moment, and this significant achievement has put our country in the group of select nations having capabilities of such critical and advanced military technologies.” The missile was developed indigenously by DRDO’s Dr. APJ Abdul Kalam Missile Complex, Hyderabad, in collaboration with several other DRDO labs and industry partners.

Sumesh Shokeen joined the AAP in the presence of party national convener Arvind Kejriwal here on Monday. Shokeen is a former MLA from Matiala, considered part of the Delhi-Dehat area. His joining comes a day after the AAP suffered a blow with its Jat leader Kailash Gahlot resigning from the party. Welcoming Shokeen to the AAP fold, Kejriwal said his joining will not only give a boost to the party in rural Delhi but also in other parts of the national capital.

Subscribe to enjoy similar stories. India’s GDP growth of 8.2% in 2023-24, amid global headwinds and market volatility, is more than just an economic indicator. It represents our nation’s resilience and readiness for transformation.

Subscribe to enjoy similar stories. Early this month, the seat of the Roman Catholic church--the Vatican, which has been blending tradition with science and cutting-edge tech for decades, unveiled an artificial intelligence (AI)-powered digital twin of St.

Institute of Company Secretaries of India (ICSI) released the results for the Company Secretary Executive Entrance Test (CSEET) on Monday at 11 am. The exam took place on November 9 and 11, 2024. The institute stated, “The Result of the Company Secretary Executive Entrance Test (CSEET) held on 9th November 2024 and 11th November 2024 will be declared on Monday, 18th November 2024, at 11:00 AM. The result along with individual candidates’ subject-wise break-up of marks will be made available on the Institute’s website at www.icsi.edu.”

Telangana government has issued orders sanctioning Rs 205 crore for acquiring over 280 acres of land for the development of Mamnoor Airport at Warangal, after GMR Group which manages Hyderabad Airport issued «No Objection» certificate for operation of the aerodrome. According to the GO issued on Sunday, the Airports Authority of India (AAI) in July 2022, informed the state government that it is ready to develop Warangal Airport for A-320 type of aircraft for IFR (instrument flight rules) operations and is ready to bear the infrastructure cost, operational and maintenance of the proposed airport. A master plan has been prepared for the operation of A-320 type of aircraft for which an additional land measuring 253 acres is required from the state government of Telangana, free of cost and free from all encumbrances. The AAI also wanted the state government to take up the proposal and expedite handing over of the required land to the airports body and no objection certificate from Hyderabad International Airport Ltd.

Charlie Munger authored a book titled Poor Charlie’s Almanack: The Wit and Wisdom of Charles T. Munger. While the title plays on Benjamin Franklin’s Poor Richard’s Almanack, some might argue it had an unintended double meaning. Recently, Helios Mutual Fund’s CEO, Samir Arora, raised an intriguing question on X about Munger’s relatively ‘modest’ net worth of $2.6 billion, compared to his long-time partner Warren Buffett’s fortune. It turns out that on a relative scale, compared to what people expect, he really was ‘Poor Charlie’! However, I think investors should ignore Munger’s poverty entirely. The real wealth he created wasn’t just about his net worth, but in the intellectual capital he gave to generations of investors. Consider the investment principles Munger outlined in a speech summarised by John Templeton, a reference in the same X post. These eight commandments of investing are worth more than any billion-dollar fortune because they’ve helped countless investors build their wealth. Let’s examine why these principles are so valuable. First, Munger’s emphasis on specialisation and understanding your ‘circle of competence’ has saved many investors from costly mistakes. His anecdote on Bobby Fischer brilliantly illustrates this: When asked how to beat the chess champion, his answer was simple, ‘Get him to play you at any game except chess.’ The lesson? Stay within your domain of expertise.

debt with the funds? It’s essential for Vansh Ahuja to keep up with his student loan payments, ensuring that he meets at least the monthly minimum due to maintain a good credit history for future loan eligibility. Automating these EMI payments and treating them as a mandatory expense will help him stay consistent. He should also consider setting up an emergency fund, which can act as a backup for EMI payments in case of an unexpected job loss. If he doesn’t already have one, he could consider allocating the Rs.4.5 lakh bonus for setting this up.

The company is the largest residential real estate developer by booking value in 2023-24 and its portfolio includes residential development, plotted development, and mixed-use and township developments. The management is confident of high growth because of the strong brand, pan-India presence, demonstrated track record and robust marketing. It is seeing strong demand momentum across markets (NCR, Bengaluru and MMR) leading to a jump of 68% and 126% year-on-year in the collections and operating cash flows in the September quarter.

Availability bias It’s not a school exam. So performance alone isn’t enough. Most professionals assume that if you deliver great results, you will automatically move up. However, promotions also depend on how your contributions have been perceived. Understand the psychological principle of ‘availability bias’. Managers tend to promote those whose achievements are top of the mind. The best way to achieve this is to be co-located with your manager. Be sure to document your successes and share them strategically. For instance, send weekly or monthly updates to your manager, highlighting key outcomes. Communicate your achievements in the langauge that is aligned with your organisation’s current goals. Is the company focused on cost-saving? Talk about how your projects reduced expenses. Is growth a priority? Highlight revenue increase or new client acquisitions. Avoid arrogance. Frame your achievements as contributions to team success rather than personal victories to retain humility.

Substantial FPI outflows, weak September quarter results, and high valuations have driven the recent market correction. A JM Financial report highlights slowing urban demand across FMCG, retail, auto and mall sectors, based on the September quarter earnings from 157 companies. Demand moderation is seen in chemicals and consumer durables, while the financial sector shows stress in unsecured portfolios of MFIs, certain private banks and NBFCs. The beat-to-miss ratio has been adverse so far, with 150 companies out of 268, or 56%, reporting earnings that are less than the estimates compiled (for more than two analysts) by Reuters-Refinitiv. Experts expect volatility to persist, but remain optimistic about long-term growth. Higher government spending and festive season consumption are expected to boost India Inc.’s earnings in the second half of 2024-25.

NIPPON INDIA LARGE CAP BASIC FACTS DATE OF LAUNCH 8 AUG 2007

OpenAI CEO Sam Altman posted “chat. com” on X without explanation earlier this month. It subsequently emerged that HubSpot cofounder and CTO Dharmesh Shah had sold the domain to OpenAI, indicating that the $15.5 million price may have been paid in shares. While Shah seemed to suggest the amount was the same he’d paid to acquire it in the first place, domain investing is again becoming a lucrative business that could yield high returns, following the rise of AI. Web domains with .ai extensions have become the third-largest selling category, with sales reaching $9.2 million in the year to date, according to data from Namebio. This is slightly behind the second-ranked .org, which garnered $9.4 million. The extension .com still rules, at $120.2 million.

The conduct and ethics developed by the Ministry of Electronics and Information Technology will be akin to “informal directive principles” for companies, especially those working to build their large language models (LLMs) or using data to train AI and machine learning models, an official said. “A law on AI is still some time away. We are talking to all stakeholders right now to see what can be included and trying to get the industry onboard on a common set of principles and guidelines,” the official said.

The minister has often expressed his frustration and accused the Centre of using political influence to divert semiconductor investments away from Karnataka. «I'm not saying that other ecosystems don't deserve support, but who deserves it the most? It's not just about Karnataka; it's about the nation becoming a manufacturing hub. It's about India becoming an economic superpower and leading in technologies.» Kharge also said that it's disheartening that states like Karnataka, Tamil Nadu, and to some extent, even Maharashtra, are getting the raw deal.

Tata Electronics is signing a deal to own a majority stake in Taiwanese contract manufacturer Pegatron's plant in Tamil Nadu, people familiar with the development said, underlining its move to increase its capacity of assembling iPhones. The deal is likely to lead Tata Electronics having a 60% stake with Pegatron holding the balance in the JV to run the iPhone production facility. Industry executives said the Tata Group company could pay $150-200 million for the stake. The people said, with the joint capacities of both the Wistron and the Pegatron facilities, along with the expansion Tata is undertaking at its Hosur facility, the company's capacity may increase to be at par or almost at par with that of Taiwan's Foxconn, which currently makes the most number of iPhones in India.

The aim is to find out if the ecommerce companies were exercising control over vendors. Under the rules, they can only act as platforms. ED is investigating alleged violations under the Foreign Exchange Management Act (Fema) that are ordinarily civil offences entailing monetary penalties. Earlier this month, the agency conducted nationwide searches at 19 sites related to large sellers on Amazon and Flipkart in New Delhi, Bengaluru and Hyderabad.

Elon Musk’s X is lagging in influencer marketing in India despite taking several steps to promote influencers and drive content-led engagement since the billionaire’s $44-billion acquisition of the microblogging platform in 2022, social media experts said. Sreeram Reddy Vanga, chief executive of Nazara Technologies-backed adtech influencer platform Kofluence, said X (formerly Twitter) has plenty of “untapped potential” when it comes to influencer marketing. “The strength of X lies in real-time conversations and trending topics, which can be powerful for brands when used correctly,” he said. “Current estimates indicate that creators might earn around $2 to $3 per month from this programme, which is modest but highlights a clear area for improvement, which X has acknowledged.”