Don’t see the need for rate cut as yet in India: Hitendra Dave, CEO, HSBC India

Stating that he is in the camp of the Reserve Bank of India, Hitendra Dave, CEO, HSBC India, says that as food inflation affects everyone, it won’t be appropriate to carve it out while determining inflation. Read More

Take a look at these key events

Today
Bypolls to six Rajya Sabha seats across four states
Winter Session of Parliament to conclude
Delhi High Court to hear Arvind Kejriwal's plea in the excise policy case
Bajaj Chetak electric scooter to be unveiled
Tomorrow55th GST Council meet to be held in Jaisalmer
Amit Shah to attend NEC plenary in Agartala
Air India Express launch of Pune-Bangkok route

Too many central govt schemes dilute spirit of co-operative fiscal federalism: RBI report

The Reserve Bank of India’s (RBI) report on state finance said that too many central government schemes dilute the spirit of co-operative fiscal federalism and reduce flexibility of state government spending. Read More

Mi-17 V5 crash that killed CDS Gen Bipin Rawat caused by 'human error', confirms defence report

A Standing Committee on Defence report tabled in the Lok Sabha the day before yesterday has stated that the Mi-17 V5 helicopter crash on December 8, 2021, which claimed the lives of Chief of Defence Staff General Bipin Rawat, his wife Madhulika Rawat, and 10 others, occurred due to "Human Error (Aircrew)". Read More

Apple partners with Nvidia to enable faster speed of text-generation with LLM AI models

Apple is evolving its generative artificial intelligence (AI) strategy by using a technique dubbed Recurrent Drafter (ReDrafter) to accelerate large language models (LLMs) inferencing for Nvidia GPUs. Read More

Kia Syros SUV makes global debut in India, bookings to begin on January 3

Kia India has unveiled the all-new Syros, which would be the fifth Sports Utility Vehicle (SUV) in its lineup. While the bookings for the sub-four-metre SUV will commence on January 3, 2025, deliveries will begin from February. Read More

Man wins legal battle to keep Rs 35 lakh from cheating ex-girlfriend who had affair with his nephew

A Shanghai court has ruled that a man, surnamed Li, is not obligated to return the 300,000 yuan (approximately Rs 34.98 lakh) his ex-girlfriend, Xu, had transferred to him in an effort to save their tumultuous relationship. Read More