Global automaker Stellantis reported Thursday a stinging 12 percent drop in the number of vehicles it sold last year, with its key North American market plunging by a quarter. Stellantis's French rival Renault reported Thursday it shipped 1.3 percent more vehicles in 2024, while German automaker Volkswagen has said its deliveries dropped by 2.3 percent last year. kd/rl/lth
The NYT Connections puzzle stands out for its ability to engage players with diverse word associations, making it a fun yet challenging daily mental workout.
Sanjeev Bikhchandani highlighted that entrepreneurship has become a mainstream career aspiration. He attributed this shift to enabling policies, talent and capital availability, and the appeal of India's large market. Bikhchandani, founder of Info Edge, which owns job portal Naukri.com and matrimonial site Jeevansathi.com, noted the significant "sea of change" in the business environment.
Pope Francis, 88, suffered a fall on Thursday, injuring his arm, though the Vatican confirmed it was not broken. A sling was applied as a precaution. This incident follows a previous fall on December 7, when the pope bruised his chin after hitting it on a nightstand. The pontiff, who has been dealing with various health issues, often requires a wheelchair for mobility.
The National Testing Agency has confirmed that NEET-UG 2025 will be held in pen-and-paper mode. It will take place on a single day and in one shift only. NEET-UG continues as the qualifying test for MBBS and other courses under the Indian system of medicine as per the 2019 and 2020 Acts.
US investment group Hindenburg Research will be disbanded, its founder Nate Anderson said Wednesday, adding that it has completed the projects it was handling. Hindenburg's biggest success came against electric truck maker Nikola, which it accused in 2020 of lying about the status of its technology. It also accused Adani group of stock manipulation and fraud. The closure of Hindenburg comes merely three days before US President-elect Donald Trump's inauguration.
Sebi chairperson Madhabi Puri Buch emphasizes the regulator's aim to include more Indians in the market ecosystem using AI, which serves as the core technology in various initiatives. AI facilitates democratization and efficiency, making technological deployment accessible within organizations. Sebi also utilizes AI for timely processing of IPO documents.
Bharat Petroleum has signed a Rs 31,802 crore loan agreement with the State Bank of India Consortium to finance a petrochemical complex and refinery expansion in Bina, Madhya Pradesh. The consortium includes Punjab National Bank, Union Bank of India, Canara Bank, Bank of India, and Export Import Bank of India.
Nifty's short-term trend remains positive, but lacks strength for significant breakouts. Key resistance levels are at 23,400-23,450, while immediate support is at 23,150. Analysts suggest a sustained move above resistance could drive Nifty higher, with volatility expected in the near term.
Japan has formally opened a dedicated mission to NATO as tensions rise with Russia, China, and North Korea. The mission, led by Osamu Izawa, signifies a step toward enhanced collaboration with NATO. Recent talks in Tokyo focused on security issues amid increased cooperation between NATO and Indo-Pacific partners like Australia, New Zealand, and South Korea.
The US stock market's epic bull run that is ongoing for the last couple of years, could come to a drastic halt very soon, if Howard Marks, who is a billionaire investor, is to be believed. Marks is credited with predicting the massive dot-com crash at Wall Street 25 years ago.
Infosys announced plans to hire over 20,000 freshers in FY26, as part of its continued growth strategy. In the December quarter, the company added 5,591 employees, increasing its headcount. Infosys reported an 11.4% rise in net profit to 68.06 billion rupees, exceeding analyst predictions, while revenue grew 7.6% to 417.64 billion rupees, driven by strong demand in Europe and sectors like financial services and manufacturing.
Speculation is mounting about a potential rift between former US President Barack Obama and former First Lady Michelle Obama following her absence from two major public events. Social media platforms are rife with rumours suggesting either marital discord or political motives. While the Obamas have openly discussed challenges in their marriage in the past, their recent decisions have reignited public curiosity about their relationship.
Prashant Kishor, founder of the Jan Suraaj Party, ended his 14-day fast unto death after protesting alleged irregularities in the Bihar Public Service Commission exam held on December 13. He remains committed to supporting civil service aspirants and addressing youth issues. Kishor expressed hope that justice would prevail in the Patna High Court concerning the exam’s cancellation.
A 52-week high is a key metric for traders and investors, indicating a stock's peak value over the past year. It helps assess the stock's market position and provides insights into its future growth potential.
President-elect Trump’s Interior Secretary nominee, Doug Burgum, aims to boost energy production on public lands, claiming this will enhance national security and reduce consumer prices, while still safeguarding the environment. This marks a policy shift from President Biden's efforts to combat climate change by limiting federal oil and gas leases.
Infosys hiked its annual sale forecast Thursday and posted an 11.4 percent on-year rise in profit for the December quarter, signalling a gradual revival in client spending.
Sebi halts trading in Pacheli Industrial Finance as its stock surged 372% in a month, pushing the P/E ratio to 4,00,000, suggesting a potential 'pump and dump' scheme. The regulator identified possible fund round-tripping and other suspicious financial activities, prompting immediate regulatory action.
BJP leader Ravi Shankar Prasad accuses Congress' Rahul Gandhi of being influenced by 'urban naxals', questions if Gandhi is now taking over Hindenburg Research's role, and defends the RSS as nationalistic. Prasad also criticizes AAP for alleged corruption in their excise policy.
Singapore Airlines has extended its title sponsorship of the Formula 1 Singapore Grand Prix for another four years, maintaining its partnership with the event until 2028. This agreement underscores the airline's commitment to promoting sports and tourism in Singapore, while continuing to enhance the city's reputation as a global hub.
UPSC conducts national-level exams for central services like IAS and IPS, focusing on national and international issues. SPSC exams recruit for state-level positions with a focus on local topics. Both require similar educational qualifications and age limits, though SPSC allows regional languages.
The Indian market closed higher for the third straight day on Thursday, with the Sensex gaining 300+ points and Nifty50 surpassing 23,300. Capital goods, telecom, and metals drove gains, while select stocks hit fresh highs.