Crude oil prices were stable on Wednesday, due to an expectation from the market, regarding ceasefire agreement between Israel and Hezbollah. The ceasefire expectations were aligned with anticipation of OPEC+ meeting on Sunday, where the oil producing nations could delay a planned increase in oil output. Brent crude futures showed an upward movement of 32
Alongside Activa Electric, Honda has launched another electric scooter called QC1. With the latest launches, Honda became the latest legacy two-wheeler manufacturer to step into the electric vehicle industry. Like Activa e:, bookings for OC1 will begin on January 1 while deliveries will commence from February 2025 onwards. Honda QC1: Design Visually, the QC1 is
Paradigm Realty on Wednesday announced that it has successfully repaid its debt of Rs 175 crore debt to Edelweiss Financial Services, two quarters ahead of schedule. The early repayment, it added, was achieved through robust sales collections and refinancing at an interest rate of under 13 per cent per annum, marking the beginning of the
India and the European Union (EU) held their 5th Strategic Partnership Review Meeting in Brussels, with a focus on advancing key initiatives such as the Free Trade Agreement (FTA), investment protection, and cooperation on global issues. The meeting on November 22, 2024, co-chaired by Tanmaya Lal, Secretary (West) in India’s Ministry of External Affairs, and
Surya Roshni Ltd on Wednesday announced that it has secured two orders worth Rs 214.68 crore from Hindustan Petroleum Corporation Limited and from a domestic entity. In a regulator filing, the company said, “It is hereby informed that the company has obtained order amounted to Rs 214.68 crore (with GST) including an order of Rs
After a long anticipation, the fully-electric Honda Activa has finally broken covers in its full and final form. Officially called Activa e:, prices for the battery-powered scooter will be announced sometime early next year. Bookings for the Activa electric will commence from 1 January 2025 while deliveries are expected to begin February onwards. Honda Activa
Are married daughters of deceased or medically retired government servants eligible for appointments in government jobs on compassionate grounds? There is a big clarification from the government on the matter. In a recent development, the government has confirmed that married daughters are eligible for appointment on compassionate grounds, as long as they meet certain conditions.
Conventional wisdom says buying a 100-store retail company when quick commerce is reigning supreme is a huge risk, specially when the acquirer itself is just five years in the retailing business. But Aastha Almast, co-founder of New Shop, which is awaiting regulatory approvals for the acquisition of 24Seven, argues otherwise. New Shop’s physical format, she
The Indian retail sector continues to witness robust growth, driven by macroeconomic factors of rapid urbanization, rising affluence, and evolving consumer preferences. According to the latest RELEAP report by ANAROCK Retail, the sector has seen significant leasing momentum, with demand consistently outpacing supply for the third consecutive year. Key Highlights: Leasing Momentum: In 2024, over
8th Pay Commission: Ever since the government announced the new pay commission, there has been an ongoing debate around the fitment factor, basis of which the revision in the salary and pension of central government employees and retirees will be decided. As reports suggest, the fitment factor under the 8th Pay Commission could be anywhere
In a major setback for telecom majors – Vodafone Idea and Bharti Airtel – government sources have confirmed to CNBC TV18 that Adjusted Gross Revenue (AGR) waiver is no longer under consideration. Media reports had earlier stated that the government is considering waiving 50 per cent interest and 100 per cent of penalties and interest
Salaries are predicted to grow at a slightly slower rate in 2025, with an average increase of 9.4%, down from 9.7% in 2024, according to a survey by Omam Consultants, a human resources consulting firm. Industry-wise salary growth projections Industries such as automotive, fast-moving consumer goods (FMCG), and pharmaceuticals are expected to experience double-digit growth.
The fast-moving consumer goods (FMCG) sector is expected to see revenue rebound 100 to 200 basis points (bps) to 6-8 per cent in fiscal 2026 in comparison with a more modest 5-6 per cent expected in fiscal 2025, stated a report by Crisil Ratings. This will be led by volume rise of 4-6 per cent
