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News   -   Jan 03, 2025 Stock Market Down Following Thursday's Gain
Stock Market Down Following Thursday's Gain

Returning to a declining state after Thursday's gain, the Nifty 50 fell 183.90 points, or 0.76%, to close at 24,004.75; while the Sensex lost 720.60 points, or 0.90%, and was at 79,223.11 as trading ended.

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News   -   Jan 03, 2025 Government Pushes Local EV Ecosystem to Reduce Imports
Government Pushes Local EV Ecosystem to Reduce Imports

Prime Minister Narendra Modi-led National Democratic Alliance (NDA) government is advancing efforts to reduce dependence on China in the electric vehicle (EV) supply chain by supporting local innovations, The Economic Times reports. Abhay Karandikar, head of the Anusandhan National Research Foundation (ANRF), said the foundation is driving research in battery

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News   -   Jan 03, 2025 PM Launches Housing-for-Poor, other Infrastructure Projects Setting Delhi Poll Agenda
PM Launches Housing-for-Poor, other Infrastructure Projects Setting Delhi Poll Agenda

Prime Minister Narendra Modi laid the foundation stone for Veer Savarkar College in Najafgarh and three other projects at Delhi University worth over ₹600 crore ($72 million). He inaugurated 1,675 affordable housing flats for economically weaker sections (EWS) at Swabhiman Apartments, Ashok Vihar, where beneficiaries pay less than 7%

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News   -   Jan 03, 2025 Centre Identifies Two Locations for Manmohan Singh's Memorial
Centre Identifies Two Locations for Manmohan Singh's Memorial

The Centre has chosen two locations close to Rajghat to serve as the former Prime Minister Manmohan Singh's memorial. The government will most likely suggest a portion of Vijay Ghat, the memorial for former prime minister Lal Bahadur Shastri, or Ekta Sthal, the memorial for former President Giani

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Morning Briefing   -   Jan 03, 2025 US SEC Submits Adani Cases to the Same Judge for Efficiency
US SEC Submits Adani Cases to the Same Judge for Efficiency

Highlights include anti-competitive practices by Apple, delays in flights due to very dense fog in Delhi, Starlink's illegal use in India and possible locations for Manmohan Singh's memorial.

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News   -   Jan 03, 2025 Very Dense Fog Engulfs Delhi Delaying More Than 100 Flights
Very Dense Fog Engulfs Delhi Delaying More Than 100 Flights

PTI reported that over 100 flights were delayed at the Delhi airport on Friday morning due to very dense fog as the cold wave intensified across north India. Even with very low visibility, no flights have been diverted from Delhi yet. However, FlightRadar24 reported an average delay of 20 minutes.

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News   -   Jan 03, 2025 B2B Payment Network Likely to be Launched by March
B2B Payment Network Likely to be Launched by March

According to Business Standard, the bill-aggregation platform Bharat Connect from the National Payments Corporation of India (NPCI) is anticipated to launch its Bharat BillPay for Business service by March 2025. The service will permit businesses to process business-to-business (B2B) payments using a framework similar to that which the NPCI offers

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News   -   Jan 03, 2025 Major Start-Ups Gear Up for 2025 Public Listings
Major Start-Ups Gear Up for 2025 Public Listings

The year 2025 is set to witness nearly 25 start-ups entering the primary market, almost double the 2024 count, with anticipated listings from firms such as Ather Energy, Bluestone, and Zepto. Last year, 13 tech start-ups raised over $3.4 billion in IPOs, supported by strong domestic and foreign investor

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