Apple is set to launch the new MacBook Pro models powered by its own line of chipsets; Noida-based IT company HCL Technologies, which saw its revenue cross the $10 billion milestone in 2020, plans to hire about 20,000 people, both freshers and laterals, over the next 4-6 months; US-India Business Council (USIBC) has selected Biocon Executive Chairperson Kiran Mazumdar-Shaw as one of its vice-chairs effective immediately. Watch this and more on News Blast.Also Read: PM Modi launches COVID-19 vaccination drive; urges Indians to take both shots, follow protocols

The government is considering setting up a Development Finance Institution model (DFI ) to support the infra sectors that need Rs 100 lakh crore investments in the next 5 years. The Union budget 2021-22 is expected to set the road map for creating a new DFI in the country. The earlier DFIs, ICICI, IDBI and IDFC, have all converted into commercial banks to tap the retail deposits as well as retail assets like home loan, car loan, credit cards and personal loans. The banking sector supported the infrastructure sector in the last decade, but the recent mismatches in asset, liabilities and deterioration in asset quality have forced banks to withdraw from such lending. Watch as Anand Adhikari, Executive Editor, Business Today explains in detail.Also Read: Forex reserves up by $758 million to lifetime high of $586 billion

Rajiv Kumar, Vice Chairman, Niti Aayog discusses at length the agenda of the government post COVID-19. In conversation with Business Today's Dipak Kumar Mondal, Kumar says that the nature of the reforms would remain the same post COVID-19 with a focus on improving ease of business, ease of living and economic revival. The pandemic has just accelerated the process and there's a greater urgency for economic revival. Once the revival starts, the need is to sustain this revival. Watch the video for more.

Raghuram Rajan said prioritising spending is important as it would help the government focus on what is essential, such as relief to poor households and small businesses

D.K. Joshi, Chief Economist, CRISIL, Gopal Krishna Agarwal, National Spokesperson, BJP on Economic Affairs, Gourav Vallabh, Spokesperson, Indian National Congress, and Mukesh Butani, Managing Partner, BMR Legal Advocates discuss the realistic expectations from the upcoming budget, the challenges the FM faces during these pandemic-hit times and what best can be done. Watch them in discussion with Rajeev Dubey, Editor, Business Today.

NASSCOM recommended extending concessional corporate tax rate to all new IT-BPM units incorporated in SEZs that commence operations within a set period and commit to createcertain number of jobs

As per the notification, no revenue officers will be allowed to attend conferences, seminars or webinars organised by the non-government entities as resource person without the prior approval of the Finance Ministry, unless they are organised by the government agencies itself

Ahead of its highly anticipated launch in India, electric vehicle major Tesla has incorporated a company in Bengaluru - Tesla India Motors and Energy Private Ltd - with a paid up capital of Rs 1 lakh and three directors; Tata Consultancy Services (TCS), the country's largest software exporter, on Tuesday said it will acquire General Electric's (GE) stake in Tata Consultancy Services Saudi Arabia for $12,471 (about Rs 9.13 lakh); US President Donald Trump, facing impeachment on a charge of 'incitement of insurrection' on Tuesday denied responsibility for his supporters' violent invasion of the US Capitol last week and said his remarks before the siege were appropriate. Watch this and more on News Blast.Also Read: 'A strong India to counter China,' says declassified White House document

Vivek Jalan, a Kolkata-based chartered accountant, told Business Today that going by the Maharashtra government's circular, it seems the states are going against CBIC

All eyes are on the budget as the government walks a tightrope of balancing growth and fiscal concerns. Effective implementation of the proposed budget will be key

Nilesh Shah, Group President and Managing director, Kotak Mahindra Asset Management Company, D.K. Joshi, Chief Economist, CRISIL, Gopal Krishna Agarwal, National Spokesperson, BJP on Economic Affairs, Gourav Vallabh, Spokesperson, Indian National Congress, and Mukesh Butani, Managing Partner, BMR Legal Advocates discuss both long and short term strategies the govt should adopt to raise resources in the upcoming budget. Watch them in conversation with Rajeev Dubey, Editor, Business Today.

The report by domestic rating agency Brickwork Ratings said economic activities are slowly reaching pre-COVID levels following the relaxation of the lockdown, except in sectors that remain affected by social distancing norms

The amount under litigation includes Rs 4.05 lakh crore in corporation tax, Rs 3.97 lakh crore stuck in income tax cases and another Rs 1.54 lakh crore on account of commodities and services tax, the note said

Finance minister Nirmala Sitharaman will present Budget 2021 in the backdrop of an exceptionally chaotic 2020 which witnessed not just the pandemic but also a souring of India-China relations. FM Sitharaman has raised hopes with a promise to deliver 'a Budget like never before'.  Will India-China relations  influence the upcoming  budget? Gopal Krishna Agarwal, National Spokesperson, BJP speaks to Sumant Banerji of Business Today.Also Read: Retail inflation declines to 4.59% in December, back in RBI's comfort range

India's lockdown-struck gross domestic product (GDP) contracted an unprecedented 23.9 per cent, the worst among major economies, during the first quarter of FY21. However, the pent-up demand pushed up consumption, but shrank GDP by 7.5 per cent in the following quarter. With RBI predicting a small growth, in the third and fourth quarters, the current financial year is likely destined to go down in history as India's fifth recession. Watch as Business Today holds a pre-budget discussion with experts from different industries, including D.K. Joshi, Chief Economist, CRISIL; Gopal Krishna Agarwal, National Spokesperson, BJP on Economic Affairs; Prof. Gourav Vallabh, Spokesperson, Indian National Congress; Mukesh Butani, Managing Partner, BMR Legal Advocates; Nilesh Shah, Managing Director, Kotak Mahindra Asset Management Company; and Akhil Gupta, Vice-Chairman, Bharti Enterprises. They offer their  suggestions for economic growth and expectations from the upcoming budget. Also Read: India's industry output contracts 1.9% in November, bucks revival trend

The sentiment in equity market is so bullish that in eight trading sessions of 2021, Sensex and Nifty have gained 3.76% or 1,793 points and 4.17% or 583.35 points, respectively.

In a stock exchange filing, the company said its board will meet on January 15 to consider share buyback as also payment of interim dividend for the fiscal year ending March 2021

The application has been appreciated by NASA for its pathfinding capability, terrain texture, and 3-D scene implementation. The team has now been invited to engage with industry leaders and NASA leadership in a two-day event culminating in February 2021

\"The present system is not conducive at all. Even though DoT has come out with RoW (right of way) rules, we need to change this. In 5G, street furniture is going to be important,\" said Telecom Regulatory Authority of India Chairman PD Vaghela

The ongoing tussle between DoT, and DoS, ISRO and defence ministry has already delayed the launch of 5G in the country. Globally, radiowaves across sub-1 GHz (600 MHz, 700 MHz), mid-band (3.5 GHz), and millimeter-band (26, 28 GHz) are being used to deliver 5G services