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anti-competitive practices, Allegro said in a statement.

Subscribe to enjoy similar stories. MUMBAI : Mahindra Lifespace Developers Ltd, the realty arm of the Mahindra Group, will pause fresh investments in the Delhi-National Capital Region (NCR) and narrow operations to markets where it can create a niche as a ‘net zero’ developer. “We have exited two cities completely, Nagpur and Hyderabad, and we are holding back any investment in Delhi NCR right now," said Amit Kumar Sinha, managing director and chief executive at Mahindra Lifespace.

Nirmala Sitharaman prepares to present the Union Budget for 2025 in February, the Confederation of Indian Industry (CII) has put forward a compelling case for reenergising India’s Priority Sector Lending (PSL) framework.

Subscribe to enjoy similar stories. Finance minister Nirmala Sitharaman is set to present her second comprehensive budget after the 2024 general elections. The budget proposals are expected to focus on the ongoing theme of helping India transition to the envisioned "Viksit Bharat" of “Amrit Kaal." Hence, the focus will be on employment generation, skill development, and providing relief to a large mass of people distressed by inflation, with the overall objective of pushing up the GDP growth rate.

Subscribe to enjoy similar stories. Culture warriors aren’t the only ones applauding big businesses’ rollback of diversity, equity and inclusion initiatives. Quietly, so are some of corporate DEI’s architects.

IndusInd Bank will be in focus after the Reserve Bank of India imposed a penalty of Rs 27.30 lakh on IndusInd Bank for non-compliance with certain provisions of norms related to 'interest rate on deposits'. The RBI had conducted a statutory inspection for supervisory evaluation of the bank with reference to its financial position as on March 31, 2023, and had issued a notice to the private sector lender.

Do you believe the market has borrowed returns from the near future or is there enough left on the table? Markets always tend to price themselves based on the expectations of future growth. When we evaluate the current valuations through the lens of anticipated economic growth, small- and mid-cap stocks appear to be trading at stretched levels compared to their historical averages. On the brighter side, large-cap stocks seem more resilient, backed by stronger growth metrics and better return on equity.

Haryana government has notified the procurement of 24 crops at a minimum support price (MSP), extending the list of 14 farm produces that were earlier eligible for guaranteed rates under public procurement system. The state cabinet of the previous government, which was also headed by Chief Minister Nayab Singh Saini, already approved the proposal of buying 10 additional crops at MSP. The decision on MSP for additional crops was announced on August 5, months before the assembly polls in October. Till August, government agencies used to procure 14 crops at MSP. According the latest notification dated December 19, the then Council of Ministers, in its meeting held on August 5, decided to purchase ragi, soybean, nigerseed, safflower, barley, maize, jowar, jute, copra and summer moong at the minimum support price.

The sector, which is poised to contribute USD 1 trillion to India's economy by 2047, however, is looking up to the government for policy interventions, such as unified licensing, workforce upskilling, and targeted infrastructure investments to enable the vertical meet demand generated by India's drive towards becoming the world's third largest global economy. «India aims to become the third-largest economy by 2047, and the hospitality sector is set to play a pivotal role in achieving this goal. The sector's multiplier effect on the economy surpasses that of manufacturing and agriculture,» Hotel Association of India (HAI) President KB Kachru told PTI.

Subscribe to enjoy similar stories. As the new year approaches, the pursuit of self-improvement takes center stage. Traditional vision boards, often adorned with magazine cutouts and inspirational quotes, have long been a staple for those striving to manifest their dreams.

sustainable aviation fuel by utilising its ethanol supplies and availability of lipids feedstocks like non-edible industrial oils, according to a senior official at the global airlines' grouping IATA. With decarbonisation in focus, efforts are being made to reduce emissions and over the years, Indian carriers have operated some flights with a blend of Sustainable Aviation Fuel (SAF) and traditional Aviation Turbine Fuel (ATF). Hemant Mistry, Director of Net Zero Transition at the International Air Transport Association (IATA), said the ecosystem for SAF has developed but there is more work to be done.

Qatar will stop shipping gas to the EU if member states strictly enforce a new law cracking down on forced labour and environmental damage, Energy Minister Saad al-Kaabi told the Financial Times in an interview published on Sunday. The Corporate Sustainability Due Diligence Directive, approved this year, requires larger companies operating in the European Union to check whether their supply chains use forced labour or cause environmental damage and to take action if they do. Penalties include fines of up to 5% of global turnover. «If the case is that I lose 5% of my generated revenue by going to Europe, I will not go to Europe. I'm not bluffing, Kaabi told the newspaper, adding that „5% of generated revenue of QatarEnergy means 5% of generated revenue of the Qatar state. This is the people's money,  so I cannot lose that kind of money — and nobody would accept losing that kind of money.“

Of these, three have been discharged from the hospital, while the Indian Mission is closely monitoring the condition of the remaining victims, sources said. The attack, which sent shockwaves across the globe, involved a car deliberately ramming into a crowd of people at the bustling Christmas market. At least five people were killed in the incident, including an adult and a toddler, according to Saxony-Anhalt Prime Minister Reiner Haseloff, as per reports by CNN.

Indian diaspora in Kuwait on Saturday, stated that India of the future would be the hub of global development as well as the growth engine of the world. While speaking at the «Hala Modi» community event at Kuwait's Sheikh Saad Al-Abdullah Indoor Sports Complex, PM Modi highlighted India's rapid transformation in various fields, including technology, infrastructure, and sustainability. «Today, India is the fifth-largest economy in the world. We lead the world in fintech and have the third-largest startup ecosystem globally. India is also the second-largest mobile manufacturing country in the world,» PM Modi said.

Donald Trump, said on Saturday that she is removing herself from consideration to be a Florida senator — ending speculation that she could replace Republican Senator Marco Rubio, who has been tapped to be the incoming administration's secretary of state. «After an incredible amount of thought, contemplation, and encouragement from so many, I have decided to remove my name from consideration for the United States Senate,» Lara Trump posted on X. Instead, she promised a «big announcement to share in January». The announcement comes weeks after Trump announced that she was stepping down as co-chair of the Republican National Committee, a move which raised questions about whether she might be vying for a Senate seat.

In an official press release, the MEA expressed deep sorrow over the tragedy, stating, «We condemn the horrific and senseless attack at a Christmas market in Magdeburg, Germany. Several precious lives have been lost, and many have been injured. Our thoughts and prayers are with the victims.» The statement confirmed that the Indian Mission in Germany is in contact with the injured Indian nationals and their families, providing all possible assistance. «Our Mission is in contact with Indians who are injured, as well as their families, and rendering all possible assistance,» the statement read.

Custom AI: Tailored intelligence for strategic impact Custom AI will emerge as a transformative force in 2025, allowing organisations to design AI solutions tailored to their specific needs. By leveraging domain-specific data and advanced model customisation, businesses can develop AI applications that address unique challenges — from personalised customer experiences to industry-specific innovations.

ET Now: But tell us, is it a big worry given the kind of levels we are seeing now? What levels are we vulnerable to at this stage? Rajesh Palviya: The 200-day moving average is closely followed by most traders and investors. Breaking this level for the second time in a one-month timeframe adds to the cautiousness in the market because it signals an inability to sustain above this critical support level. We first broke it in November, and now we are back below it again.

Infosys Founder Narayana Murthy said true nationalism is to work for the betterment of the country and not by merely wrapping oneself in the national flag. “The young generation must work with a sense of responsibility toward the nation and society. We must care for the underprivileged sections of society, or else we are no better than animals. Becoming a responsible citizen and working toward the country’s betterment is true nationalism. Merely wrapping oneself in the national flag does not make one a true nationalist,” Murthy said while speaking at the Sustainability Crusade award ceremony organised by the J P Shroff Foundation in Hyderabad on Friday.

sustainability is everywhere. As climate change accelerates and environmental concerns deepen, the demand for solutions that benefit both people and the planet has reached a tipping point. In response, a new wave of businesses is rising—enterprises that embed sustainability into their core, not just as a trend but as a transformative business model. This is the age of sustainable entrepreneurship, where innovation and responsibility merge to revolutionise industries. The urgent call for change Traditional business models, focused solely on profit, have prioritised short-term gains, leaving a trail of environmental degradation—depleting resources, increasing carbon emissions, and creating mountains of waste. Sustainable entrepreneurs are rewriting this narrative. They understand that «business as usual» will not cut it anymore.

Volkswagen’s employee representatives say they have reached a wage deal