GR Infra lowest bidder for 2 NHAI projects worth Rs 1,613 cr in Karnataka
GR Infraprojects Ltd on Tuesday said it has emerged as the lowest bidder for two NHAI projects worth Rs 1,613.84 crore. The financial bids were opened on March 28, 2023. Key Points
Economic TimesFTA with EU will be the hardest nut to crack: Former Commerce Secretary Rajeev Kher
Former Commerce Secretary Rajeev Kher in an interview with ET said FTA negotiations prioritize preferential agreements over multilateralism due to the lack of commonality in issues among countries and the evolving role of non-trade issues. Kher added that friendshoring has emerged as a response to supply chain uncertainties caused by geopolitical tensions. Key Points
Economic TimesOscar Awards 2024 Nominations: Live streaming, when and where to watch, everything you should know
The Best Actor Category has become extremely crowded and competitive this year. Paul Giamatti for The Holdovers has emerged as the frontrunner. But, Cillian Murphy is also in the race for his portrayal of theoretical physicist J Robert Oppenheimer. When the nominations will be announced? Key Points
Economic TimesShah Rukh Khan's Jawan director Atlee reviews Vijay Sethupathi-Katrina Kaif's Merry Christmas: 'It's a pure classic'
Atlee and Vijay Sethupathi worked together in Jawan, where the actor played the lead antagonist. The film emerged as the biggest Bollywood grosser of all time. Key Points
FirstpostFinancing the growth in Bharat: 4 small finance banks with upside scope of up to 38%
It might surprise many of you, ask your driver, your help at home, or the small chai shop owner how much interest he pays when he or she takes an unsecured loan taken in the private loan market. He or she might be paying four to five times more than the interest rate which any regular bank charges on an unsecured loan. That is what led to the birth of microfinance companies, now many of them are small finance banks. They are providing lending at the lowest end of the pyramid. Their interest rates were higher than normal banks would charge, but would surely much lower than what private money lenders in these parts of the country charges. That is where the opportunities are present for these small finance banks. After a phase of tough regulatory challenges, they have emerged stronger. Key Points
Economic Times
Mumbai airport records 33% growth in passenger traffic in Sep quarter
The airport during the period under review, witnessed 60,861 domestic air traffic movements (ATMs) and 20,438 international ATMs. It also said during the July-September period, August, which saw two long weekends, emerged as the busiest month with 43,29,749 passengers. Delhi, Bengaluru, and Chennai emerged as the top domestic destinations for CSMIA, while Dubai, London, and Abu Dhabi have continued to hold their status as the most preferred international destinations, the airport operator said. Key Points
Economic TimesChina economic outlook: Govt says all is well, but there’s gloom on the ground
A gulf has emerged between the Chinese economy as many Chinese are experiencing it, and Beijings narrative of it — and that gulf is only widening. For many ordinary Chinese, one of the worst economic slowdowns the country has faced in decades has translated into widespread pessiYouth at a job fair in Wuhan mism and resignation. Key Points
Economic TimesDream11 secures BCCI lead sponsor rights for Rs 358 crore
Fantasy gaming platform Dream11 on Friday won the Board of Control for Cricket in India (BCCI)'s lead sponsor rights for Rs 358 crore. As per reports, Dream11 emerged as the sole serious contender in the race, with only two companies showing interest by picking up the tender document. Key Points
Economic TimesCongress crosses 113-seat majority mark required to form government in Karnataka
On the other hand, the BJP won 55 seats and was ahead in 9 segments. The JD(S) emerged victorious in 18 seats and was leading in two constituencies. Two independents, one candidate each from 'Kalyana Rajya Pragathi Paksha' and 'Sarvodaya Karnataka Paksha' won. Key Points
Economic TimesIndian Idol 13 winner Rishi Singh takes home Rs 25 lakh, Debosmita Roy first runner-up
Indian Idol 13 winner's trophy was lifted by Ayodhya boy Rishi Singh. The Class 12th student says he broke down after he heard the news. Key Points
The Indian Express