Asset management companies launched 239 new fund offerings (NFOs) mobilising Rs 1.18 lakh crore in 2024, with sectoral or thematic equity funds emerging as the top choice of investors, according to a report by Germinate Investor Services Research. This was higher than 212 NFOs collecting Rs 63,854 crore in 2023 and 228 NFOs garnering Rs 62,187 crore in 2022.
Non-banking entities such as fintech firms will have to tap into use cases beyond peer-to-peer (P2P) and peer-to-merchant (P2M) transactions to scale up the presence of the retail version of the central bank digital currency (CBDC), which is also known as the e, said industry players. These use cases will enable programmable transactions across domains, including the government's direct benefit transfer (DBT) schemes, with subsidies restricted to specific purposes such as food coupons, hospital bills, fertilisers, pesticides, and cross-border remittances.
Three out of five test-takers believe that removing their Indian accents while speaking English will positively impact test scores.
The power station would be a super spacecraft on a eosynchronous orbit.
Traversing from being just vehicle manufacturers to mobility solutions providers amid a raging debate over which eco-friendly technology must be incentivised, the Indian automobile industry is driving in the new year under the shadow of a slowdown in sales with the post-pandemic pent-up demand in distant memory. The shift in the auto industry -- where advanced technologies like autonomous driving, vehicle intelligence, connected features and electrification are quickly gaining traction -- will be reflected in the upcoming Bharat Mobility Global Expo in which India's flagship Auto Expo has been clubbed to be held from January 17-22, 2025 in Delhi-NCR.
India's Navy has commissioned its new Russian-made guided missile frigate, INS Tushil, in the Russian coastal city of Kaliningrad. The ship, part of a $2.5 billion deal for four stealth frigates, is expected to significantly enhance the Indian Navy's capabilities in the Indian Ocean. The commissioning ceremony was attended by Defence Minister Rajnath Singh, Chief of Naval Staff Admiral Dinesh K Tripathi, and other senior Indian officials. Singh described the commissioning as a testament to India's growing maritime strength and a milestone in its long-standing ties with Russia. The INS Tushil, an upgraded Krivak III class frigate of Project 1135.6, boasts advanced stealth features and stability characteristics, and incorporates 26% indigenous content thanks to collaboration with Indian naval specialists and Severnoye Design Bureau.
Defence Minister Rajnath Singh announced that India's defence exports have crossed a record Rs 21,000 crore, a significant jump from Rs 2,000 crore a decade ago. He set a target of achieving defence exports of Rs 50,000 crore by 2029. Singh highlighted the importance of mastering frontier technologies in the face of evolving warfare, emphasizing the role of military training centers in preparing soldiers for future challenges. He also underscored the government's commitment to strengthening integration and jointness among the three services, aiming to enhance the armed forces' ability to face challenges together.
'He may respect others, but he is unlikely to admire them'
'This market for diesel starts at around Rs 6.3 lakh and goes up to Rs 7 lakh, and with Saathi we have our usual price set at Rs 6.5 lakh, so we are slightly on the lower side with a superior product.'
Official sources said Modi also congratulated Trump on the performance of his Republican Party in the US Congressional elections, as both leaders affirmed that they would work together for world peace.
Simplifying investment policies at the micro level and introducing a time-bound framework will be critical for India's growth targets, notes Krishna Ella.
'Today, let us reaffirm our commitment to strive to realise Gandhiji's dreams. His watchwords, truth and nonviolence, will continue to remain relevant for the whole world. He also taught us that rights and duties are but the two sides of the coin - indeed, the true source of rights is duty. Today we recall his lessons in compassion too - compassion not only for our human neighbours but also for our other neighbours, namely, flora and fauna, rivers and mountains.'
He said in almost all areas of security-related activities, the space -- earth observation, communication and electronic intelligence, among other things -- plays a very major role.
The bodies of the last four of the trapped labourers were pulled out from the site of the avalanche-hit Border Roads Organisation (BRO) camp in Chamoli on Sunday, taking the death toll to eight as authorities ended the nearly 60-hour rescue operation.
While Angel One and Unifi Capital have obtained the final licence, Jio BlackRock, Capitalmind, Choice International and Cosmea Financial Holdings have received in-principle approvals.
As RBI governor, Sanjay Malhotra will have to give the highest priority to the interest of the economy while deciding on the growth-inflation trade off at Mint Street.
Cheaper ripoffs was how China powered its way as an economic superpower but hitherto the tech realm had remained out of bounds. With DeepSeek's AI model the West, it seemed, was about to lose its competitive edge in cutting edge generative AI technology. And this is what is causing deep furrows in the forehead of tech titans in Silicon Valley.
Elon Musk, who has previously vowed to "go to war" to defend the H-1B visa program, has reignited debate surrounding the program by labeling it "broken" and in urgent need of "major reform." Musk, along with Indian-American tech entrepreneur Vivek Ramaswamy, has been tapped by Trump to lead his Department of Government Efficiency (DOGE). While Musk acknowledges the need for foreign workers in the tech industry, he believes the current H-1B system needs significant changes, including raising the minimum salary and adding a yearly cost for maintaining the visa. The H-1B visa, which allows US companies to employ foreign workers in specialty occupations, has been a subject of debate for years. The tech industry advocates for more H-1B visas to attract highly skilled workers, while some argue that it allows businesses to replace Americans with lower-paid foreign workers.
The third and final test in the series of landing experiment (LEX-03) was conducted at 07:10 1ST at the Aeronautical Test Range in Chitradurga, Karnataka.
Udaan, India's largest business-to-business (B2B) e-commerce company, has received approval from the National Company Law Tribunal (NCLT) for its internal corporate restructuring plan, according to sources. By consolidating into a single entity, the restructuring will enhance Udaan's agility and pave the way for various financing options, including the ability to pursue an initial public offering (IPO) in India by 2026, according to people familiar with the matter.
Leading Indian electric two-wheeler (e2W) companies have said that "swapping" of batteries is currently unviable and will only increase the cost for a consumer to run the vehicle.
India should convert the Trump threat to an India opportunity, re-embracing a more liberal trade regime as a way of reviving manufacturing output and exports.
Trump's sweeping tariffs and penalties on China-built ships have turned global shipping into the front line of economic war, observes Shyam G Menon.
Richard Verma, the highest-ranking Indian-American official in the State Department, has expressed optimism about the future of US-India ties and emphasized the need to base the relationship on shared values rather than mere transactional dealings. Verma, who previously served as America's Ambassador to India, stressed the importance of the Quad in defending the international order, highlighting its shared commitment to a free and open Indo-Pacific.
The Indian Space Research Organisation successfully launched its 100th mission on Wednesday, with a GSLV rocket carrying navigation satellite NVS-02.
'Our AI strategy -- AI in Everything, Everything for AI, and AI for Everyone -- is now in action.'
'80% of start ups fail because they don't have a support system to help them in the very early phase.' 'It's not just an idea that takes an entrepreneur through the initial three years of journey.' 'What plays a definitive role in making a start-up successful is idea+team+capital+mentors+access to a larger ecosystem.'
Flush with funds, quick commerce unicorn Zepto is planning to relocate from Powai in Mumbai to a larger office space in Bengaluru's Sarjapur to accommodate its imminent new hires. While the company will maintain an office in Mumbai, its primary operations will shift to the new space in Bengaluru. A spokesperson for Zepto confirmed the development
The Indian Space and Research Organisation (ISRO) will launch two initial missions later this year under the Gaganyaan programme, followed by country's maiden human space-flight mission in 2024, Union Minister Jitendra Singh has said.
From the 30-share blue-chip pack, Zomato surged over 7 per cent. Maruti, ITC Hotels, ITC, Mahindra & Mahindra, Asian Paints, Titan and IndusInd Bank were among the biggest gainers. Power Grid, Larsen & Toubro, NTPC, UltraTech Cement, HCL Tech, Tech Mahindra, Infosys and Adani Ports were among the laggards.
'How many jobs will be created when you complete your course?' 'How many people will compete with you?' 'What is the minimum and maximum salary you can expect?' 'Which are the companies that will offer you a job?' 'What skills do you have to develop?' 'How long will it sustain?'
The Indian Space Research Organisation (ISRO) successfully launched its third and final developmental flight of Small Satellite Launch Vehicle here on Friday whose payloads can be used in applications like satellite-based surveillance, disaster and environmental monitoring, fire detection, volcanic activity among others.
With nearly 100 launches and unveils, the Bharat Mobility Global Expo 2025, held in Delhi from January 17 to 22, made one thing clear to automobile enthusiasts: Electric vehicles (EVs) are the way ahead for the Indian auto market for years to come.
National Aeronautics and Space Administration will soon provide advanced training to Indian astronauts, with the goal of mounting a joint effort to the International Space Station, a top American diplomat said Friday.
ISRO has to select astronauts, training them to withstand the space environment, and then bring them back to earth and rehabilitate them.
At a time when banks are finding it challenging to mobilise resources, State Bank of India (SBI)-the country's largest lender-has devised a three-pronged strategy to boost deposit accretion. First is an aspirational product that promises to make depositors lakhpatis by helping them grow their deposits to Rs 1 lakh through recurring deposit (RD) schemes.
Dr Rao accelerated the development of rocket technology which led to the successful launch of ASLV and PSLV satellites.
Prime Minister Narendra Modi on Thursday said a country can aim for high achievements only if it has a big vision and asserted that technology upgradation should be to empower the poor. Speaking after launching via video link three PARAM Rudra supercomputers, developed indigenously under National Supercomputing Mission, Modi asserted that today's India is carving new opportunities in the infinite sky of possibilities. Modi said his government has taken steps to ensure research in technology benefits the common man.
Chief Justice of India-designate Sanjiv Khanna on Friday lauded CJI D Y Chandrachud for his "monumental" contribution, saying he worked on a mission to improve the apex court and pursued his goal of making it "a sanctuary of inclusivity", which was accessible to all.
"We hope that wise and independent countries like India do not give their space technologies to launch spying operations against Iran," Iranian Ambassador Seyed Mehdi Nabizadeh told media persons in New Delhi.
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