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Subscribe to enjoy similar stories. In recent years, JSW Infrastructure Ltd has demonstrated significant success in raising the share of third-party cargo to 48% in H1FY24 from 25% in FY21. This helped improve capacity utilization to 63% in H1FY25 from 35% in FY21.

Subscribe to enjoy similar stories. The recently concluded Monetary Policy Review reiterated the concern of high CPI inflation and recommended keeping the repo rate unchanged. This review, however, marked an interesting increase in dissent within the policy committee: Two of the three non-Reserve Bank of India (RBI) members voted for a reduction in rates.

Zara Dar became an overnight sensation when a video of her explaining why she quit her PhD to become a full-time adult content creator went viral on X. The video sparked a myriad of reactions on the platform after it was shared by an X user named Sensei Kraken Zero and gained over 12 million views.

growth potential across various sectors for a period of 1 year. JPMorgan initiates coverage on Sagility with an Overweight rating, citing its niche position in the healthcare sector and robust earnings growth projections.

Joe Biden on Monday signed into law a defense bill that authorizes significant pay raises for junior enlisted service members, aims to counter China's growing power and boosts overall military spending to $895 billion despite his objections to language stripping coverage of transgender medical treatments for children in military families.

Subscribe to enjoy similar stories. On 23 December, the benchmark indices Nifty and Sensex came off their highs during the afternoon session, but managed to close the day in positive territory. This was largely due to a rebound in major stocks like JSW Steel, ITC and Hindalco.

Subscribe to enjoy similar stories. As the threats posed by climate change escalate, countries are having to navigate the challenge of balancing economic growth with environmental sustainability. India, with its large population and rising economic stature, is poised at the vanguard of this endeavour.

Subscribe to enjoy similar stories. New Delhi: In October, India reached an important milestone in its green energy ambitions: an installed renewable energy capacity of 203.18 GW.

The Container Store has filed for bankruptcy protection, as the storage and organizational goods retailer with roots dating back to 1978 grapples with mounting losses and cash flow shortages

home storage solutions, has filed for Chapter 11 bankruptcy protection. The move comes after the company faced declining sales and increased competition from the larger retailers like Target and Walmart.

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. The holidays are a bonanza for scammers preying on people eager for deals. Now artificial intelligence is creating more sophisticated traps and targeting vastly more victims.

Subscribe to enjoy similar stories. Bitcoin’s rally faces a risk that isn’t on the radar of most crypto investors: quantum computing. The nascent technology, which drew attention this month after Google claimed a breakthrough with its new Willow quantum-computing chip, could one day enable hackers to break the encryption that keeps bitcoin secure.

Axis Securities has initiated a coverage with a buy call on Shriram Finance with a target price of Rs 3825. The current market price of Shriram Finance is Rs 2938.4. Shriram Finance, incorporated in 1979, is a Large Cap company with a market cap of Rs 109946.78 crore, operating in NBFC sector. Shriram Finance's key products/revenue segments include Interest, Other Operating Revenue, Fees & Commission Income, Income From Financial Services, Income From Sale Of Share & Securities, Dividend and Rental Income for the year ending 31-Mar-2024.

financial goals and aspirations. We detest not being in command of our journey. Like an anxious mother, we fuss over the math.

Subscribe to enjoy similar stories. Government capex would align with nominal GDP growth in times to come while private capex is expected to gather pace over the next three to five years, driven by higher capacity utilisation and an uptick in investments in emerging sectors such as renewables and electric vehicles, according to Hari Shyamsunder of Franklin Templeton. Shyamsunder, vice president & senior institutional portfolio manager—emerging markets equity—India at the company, said the slowdown in corporate earnings in the second quarter ended September was temporary.

Central banks play a central role in monetary policymaking and a key operational role in current account management. In countries like India, with capital controls and a structural current account deficit (CAD), these roles elide. The task involves careful policy calibration and skilful deployment of a wide set of tools available for current account management, importantly exchange rate management, but also credit, trade and investment policy. This, therefore, requires a 'whole-of-government' strategy with clearly defined macroeconomic objectives. Much commentary on exchange rate policy is simplistic and polarised. At one extreme, we have those who believe in a 'strong' exchange rate, as evidence of a nation's economic testosterone. While this view is normally weird enough to be dismissed as absurd, it gains credibility because the view from the other extreme-the 'mainstream' of the economics profession-is equally doctrinaire and simplistic.

US Navy pilots were shot down Sunday over the Red Sea in an apparent «friendly fire» incident, the US military said, marking the most serious incident to threaten troops in over a year of America targeting Yemen's Houthi rebels. Both pilots were recovered alive after ejecting from their stricken aircraft, with one suffering minor injuries. But the shootdown underlines just how dangerous the Red Sea corridor has become, with ongoing attacks on shipping by the Iranian-backed Houthis despite US and European military coalitions patrolling the area. The US military had conducted airstrikes targeting Yemen's Houthi rebels at the time of the friendly fire incident, though the US military's Central Command did not elaborate on what the pilots' mission was and did not respond to questions from The Associated Press. The F/A-18 shot down had just flown off the deck of the USS Harry S. Truman aircraft carrier, Central Command said. On December 15, Central Command acknowledged the Truman had entered the Mideast, but hadn't specified that the carrier and its battle group was in the Red Sea.

Subscribe to enjoy similar stories. India recently surpassed 5 million electric vehicles (EVs) on its roads. As 2024 draws to a close, we have a milestone to celebrate and a better growth trajectory to anticipate in 2025.

Subscribe to enjoy similar stories. Christmas came early for energy nerds with the arrival of a dense 136-page document detailing how the UK government plans to decarbonize the nation’s electricity supply by 2030.