Business News
Steel exports to Europe set to drop as EU carbon tax looms
Imports of steel into the European Economic Area will face a carbon tax under the EUs Carbon Border Adjustment Mechanism (CBAM) starting on Janua
GE Aerospace hands over 5th F404-IN20 engine to HAL
HAL has also acquired 113 F404-IN20 fighter jet engines from GE Aerospace, an American firm, in a deal, along with a support package to execute t
Indigo flight delays: 102 cancellations on Friday in Bengaluru
In total, IndiGo has cancelled over 350 flights on Thursday, with more expected over the next 2-3 days at major airports including Delhi, Mumbai,
Amit Shah to chair review meeting at Banas Dairy on December 6
Shah will attend a public meeting held at Sanadar in Banaskantha district and inaugurate the Agthala Bio-CNG and Fertilizer Plant
US team likely to visit India next week for trade talks, sources say
The US team had previously visited India on September 16
RBI raises FY26 GDP growth projection to 7.3% from 6.8%
Retail inflation projection for FY26 cut to 2% from 2.6% earlier
Stock markets witness volatile trends
Investors remained on the sidelines amid relentless foreign fund outflows and mixed global trends
Dighi Port set to handle 2 lakh cars annually as APSEZ partners with Motherson
The agreement will help develop a new RoR terminal that will feature State-of-the-art infrastructure to handle end-to-end Finished Vehicle logist
Rupee rises 20 paise to 89.69 against U.S. dollar
Selling pressure from foreign investors, rising crude oil prices and the delay over the announcement of the India-U.S. trade deal have also weigh
ED attaches fresh assets worth over 1,100 crore in case against Anil Ambanis Reliance Group
This brings the total attachment in money laundering probe case to about 10,000 crore
Simone Tata, mother of Noel Tata, passes away at the age of 95
Simone Tata was the second wife of Naval Tata and her only son Noel Tata is currently the chairman of Tata Trusts and chairman of three Tata Grou
Mint Explainer | Can 72,000 public chargers fix Indias slow EV adoption?
With only 29,000 public chargers today, Indias push to add 72,000 more raises a bigger question: will the infrastructure keep pace with accelerat
SEBI bars financial advisor Avadhut Sathe from securities market; orders impounding of 546 crore
The noticees falsely claimed their course participants/investors achieved extraordinary market returns, misleading prospective course participant
Economic offenders who fled the country owe 39,000 crores to Indian Banks?
Just nine Fugitive Economic Offenders owed 58,000 crore, of which 19,000 crore was recovered
Esops-The great reluctance to cash out
Esops help in retention and wealth creation, but a behavioural reluctance prevents many employees from selling company stock, even when it create
VCs favour technologists, not hustlers, in Indias new AI, deep-tech wave
Startups spun out of IITs, research labs, and patent-heavy teams are attracting more funding as investors prioritise technical depth over executi
Corporates usually wait for RBI rate decision before bond offers. Not this time
Bond issuers are breaking from past trends to flood the market with paper amid uncertainty about a rate cut, a weakening rupee, and a high supply
Granules packaging facility completes U.S. FDA inspection sans observations
Zydus injectable facility in Vadodara gets U.S. FDA inspection report with VAI status
LIC introduces Protection Plus, Bima Kavach plans
LIC Protection Plus is a non par, linked, life, individual, savings plan that offers life insurance cover cum savings throughout the term of the
ASG Eye Hospital to invest 2,000 crore to expand network to 700 centres by 2030
Signs definitive agreement to acquire Sharp Sight Eye Hospital chain in 400 crore deal
Consumption-led health cover turns hottest category: Report reveals top insurance trends of 2025
Health insurance plans are typically seen as a safety net that comes into use only during hospitalisation. However, this phenomenon has undergone
Premiumisation driving growth in beauty, personal care industry
As per estimates, more than 226 million consumers are expected to purchase beauty products online in 2025, rising to 272 million by 2027. Direct-
High-stakes hug: Modi, Putin set to discuss trade deficit, defence deals, Wests sanctions
Russian delegation is in India with a specific purpose of increasing supplies of Indian goods, says Maxim Oreshkin from Russias Presidential Offi
Storage in key Indian reservoirs remains below 90% of capacity
Level at 86.41% of the 183.565 BCM capacity this week as the country received 21% deficient rainfall
Mint explainer: What really went haywire at IndiGo?
IndiGo says crew shortages due to new duty-time rules, technical breakdowns at key airports, and heavy winter congestion have precipitated the cr
Organic food exports from India faced decline due challenging macro-economic factors
In FY25, 368155.04 million tonnes (mt) MT of organic food was exported, which was valued at $665.97 million compared to 261029 mt MT (valued at $
IndiGo flight disruption persists, over 350 flights cancelled
Shortage of pilots prompts CEOs call for staff support
Government asks IndiGo to submit staggered pilot hiring plan
We will burn the planet expanding AI with the current technology, says NTT Datas Khan
Tanvir Khan, Executive Vice President of NTT Data in India, said AI projections are not possible by the laws of physics and a fundamentally diffe
MNREs focus shifting from REIAs floating bids to States deciding on their RE requirements
Maharashtra, MP, Gujarat and Uttar Pradesh floating innovative RE tenders based on their local requirement
EU poised to curb rice imports from India, other Asian nations
EU council and Parliament concur to use safeguard mechanism against imports via tariff rate quota
BEML secures 157 cr order for rail grinding machines
The high-performance machines are designed to reduce maintenance downtime, increase asset lifecycle, and contribute to more efficient rail operat
NDDB plans solar-powered dairy in Kargil to supply fresh milk to Indian Army units
Set to process 10,000 liters of milk per day, this facility will support the Armys daily requirement of 20,000 liters and involve around 1,500 lo
Auto industry, ethanol makers agree on continuation of 20% blending for now
Auto industry, the government, and other stakeholders believe that flex fuel vehicles are the way forward: Vikram Gulati, country head and Execut
Amazon sets 2030 AI push with $12.7 billion India bet
Amazon also announced a major education initiative aimed at expanding AI literacy and career awareness to 4 million government-school students by
Together, as one team, we will overcome this challenge and emerge even stronger, says Elbers
Fitch ups Indias growth forecast to 7.4%
Lists private consumer spending as the main growth driver, supported by strong real income dynamics, increased consumer sentiment and the impact
These 5 NBFCs offer the highest interest rates up to 8.9% on fixed deposits. Check details
FD interest rates: We list out NBFCs such as Muthoot Capital and Shriram Finance that offer high interest rates on their fixed deposits (FDs)
Rupee rises 19 paise to close at 89.96 against U.S. dollar
The Rupee rebounded from its all-time low levels supported by weak U.S. dollar index
IndiGo hits turbulence as pilot shortage grounds over 300 flights on Thursday
Major airports such as Delhi, Mumbai, Bengaluru and Hyderabad were hit, leaving thousands of passengers stranded.
States free to float clean energy tenders even as 50GW lies unused with Centre
Despite current surplus capacity, the government expects long-term demand growthdriven partly by rising digital infrastructureto make clean energ
Stock markets bounce back after four days of decline; Sensex climbs 158 points
Sensex and Nifty rebounded on buying in tech and IT shares
Healthsecurity seNationalsecurity:Why doesCentrewant to levycesson tobacco?
The Bill proposes to levycesson machines installed, or other processes undertaken in the manufacture of pan masala to fund Indias health and nati
India seeks bigger slice of China's expanding tea market at buyer-seller meet
India is actively promoting its tea exports to China, highlighting the growing popularity of varieties like Darjeeling and Masala tea. The nation
Vidarbha farmer boosts earnings by grinding turmeric at customers doorstep
Shivaji Kurhe cultivates turmeric, transports it to neighbourhoods and grinds it fresh on-the-spot using a machine fitted to his vehicle
Kerala Exporters Forum eyes vegetable, perishable imports from Nepal
Inks pact with Pokhara Chamber of Commerce and Industry
Digital NBFCs sanctioned loans amounting to 97,381 crore in H1 FY26: Report
Digital loans accounted for 19% of the sanction value and 80% of the sanction volume
India cuts Russian oil imports by 38% in October 2025, sharpest fall so far
Russia still accounts for about 32% of Indias total oil imports by value and volume
IndiGo cancels over 300 flights at Delhi, Mumbai, Bangalore, other airports
At least 95 flights were cancelled at the Delhi airport, 85 at the Mumbai airport, 70 at Hyderabad and 50 at Bangalore. Besides, there were cance
India media & entertainment industry to hit $47 billion by 2029, driven by digital boom
Internet advertising, OTT streaming, mobile gaming, and AI-powered creator economy are fuelling growth at almost twice the global rate.
Can a packed calendar of mega star releases in 2026 deliver the turnaround theatres are waiting for?
Trade experts say a powerhouse line-up of Shah Rukh, Salman, Ranbir, Vijay and more in 2026 could revive audience excitement and stabilize box-of
India targets 6080 GW renewable energy from C&I developers by 2030
Indias solar module capacity is now near 140 GW, while initiatives under the PLI scheme and green hydrogen funding aim to build a robust long-ter
Ayekart launches AI-enabled Aantriva platform to streamline Indias agri-food value chain
Aantriva uses weather, price, GIS and policy data to deliver predictive insights on crop intelligence, price discovery and weather trends.
IndiGos woes hits other airlines; six flights diverted from Pune as parking bays remain full
Flights of Air India, Akasa, SpiceJet and Fly91 diverted as apron congestion spills over to entire network
Odisha Government terminates empanelment of IT firm involved in recruitment scam
The Tier-1 empanelment of Silicon Tech Lab was terminated for violation of multiple material clauses of its service agreement
Why 2025s market surprises make diversification more crucial than ever
Despite golds stellar run and equities late-year recovery, 2025 shows why chasing performance can hurt investors. A diversified, style-balanced p
Goods train derails at Panvel near Mumbai; railway traffic hit
Due to the derailment, the movement of trains on the Mumbai-Goa and Mumbai-Panvel-Karjat routes was affected
Mumbais Worli houses 40% of Indias entire ultra-luxury apartment market: Report
More than thirty ultra-luxury homes sold for 5,500 crore in two years
WMO signals weak La Nia likely to shape global weather into 2026
Australias BoM confirms La Nia has emerged and weakening IOD matches global model projections
3.5X growth in first-ever seaweed farming in Puducherry
Done under the guidance of the ICAR-Central Marine Fisheries Research Institute (CMFRI), it is part of a one-year project
Pilot associations raise questions on IndiGos manpower planning, DGCA oversight
Associations say the airline failed to plan for new duty-time norms, triggering three days of cancellations
The assessment is based on field surveys, dealer feedback and agronomist observations
IndusInd Bank denies report of talks to bring in strategic partner
IndusInd Bank has denied reports of talks with a strategic partner. The bank clarified that no such discussions are underway. Earlier, UK-based H
Fitch ups India's FY'26 GDP growth forecast to 7.4% on better consumer spending, GST reforms
Fitch said GDP growth accelerated further in the July-September quarter to 8.2 per cent, from 7.8 per cent in the April-June quarter
Bond investors voice unease over potential Hassett-led rate cuts
Bond investors have raised concerns that Kevin Hassett, a leading contender to replace Jerome Powell, may push for aggressive rate cuts aligned w
IndiGo cancels 175 flights as pilot shortage crisis enters day three
The disruptions have left thousands of travellers stranded for three days now
Prasar Bharati Board Chairman Navneet Sehgal resigns
Sehgal was appointed the chief of Indias public service broadcaster on March 16, 2024, for a three-year term, after hesuperannuated from the Civi
Gold futures fall, silver gains as weak US data spurs caution
On the Multi Commodity Exchange (MCX), gold futures for December delivery fell by 88, or 0.07 per cent
Japan's 30-year bond yields rise to record as auction tests demand
Japanese government bonds saw record-high yields on 30-year debt, reaching 3.445%, amid plans for massive stimulus. Despite concerns over rising
IndiGo's prolonged, unorthodox lean manpower strategy caused current disruption: Pilots' body FIP
On December 3, only 19.7 per cent IndiGo flights arrived and departed on time from six major airports, according to the Civil Aviation Ministry w
India's largest private lender sees rupee falling to 92 in absence of quick US trade deal
Uncertainty surrounding a U.S.-India trade deal is driving rupee volatility, with the currency potentially falling to 92 per dollar if an agreeme
India bonds dip as sliding rupee, policy unease bite
Indian government bonds are experiencing a downturn, with yields climbing as the rupee weakens and policy uncertainty looms. Despite robust econo
Bitcoin, Ethereum rally to two-week highs as strong Fed rate-cut expectations lift risk sentiment
Bitcoin and Ethereum climbed to two-week highs as strong expectations of a Fed rate cut boosted risk sentiment. BTC hovered near $93,400 while ET
Brookfield India REIT lines up debut bond issue in December
The inaugural bond issuance, set to raise 3,500 crore, will support Brookfields acquisition of a significant office campus in Bengaluru
Gold hovered near Rs 1.30 lakh as traders awaited next weeks U.S. Fed meeting, with expectations of a rate cut keeping global prices firm above $
Rupee sinks to 90.41 vs USD; economy continues to power on: Piyush Goyal
Big techs AI push and M&A revival set to drive surge in investment-grade debt issuance in 2026
Investment-grade debt issuance is set to surge in 2026 as Big Tech accelerates AI infrastructure spending and M&A activity rebounds. Top U.S. tec
NephroPlus IPO: Indias 99th mainboard issue of 2025 opens soon
Nephrocare Health Services, the company behind the NephroPlus brand, will launch its initial public offering (IPO) on December 10.
Rupee slumps 28 paise to 90.43 against U.S. dollar in early trade
Forex traders said that restrained RBI intervention ahead of the crucial Monetary Policy Committee (MPC) decision and significant dollar demand f
Corona Remedies IPO opens next week: GMP among 10 things to know before subscription
Corona Remedies is launching its Rs 655 crore IPO next week. The Gujarat-based pharmaceutical firm is offering 100% of its shares. The grey marke
33 Indigo flights likely to be cancelled from Hyderabad
The RGAI in a statement on Wednesday said some IndiGo flights at the airport have been impacted due to airline-related technology and operational
Rupees slide raises inflation risk, clouds rate cut hopes. Whats next for rate-sensitive sectors?
The rupees drop past 90 per dollar has shaken markets and dragged equities lower, with rate-sensitive sectors hit hardest. Despite strong GDP gro
JPMorgans Rajiv Batra says PSU banks remain a top tactical bet despite recent volatility, with strong credit growth, tech upgrades, and policy su
Trumps Fed choice intensifies pressure on Treasury Secretary Bessent
President Donald Trump is intensely focused on lowering interest rates. He has tasked Treasury Secretary Scott Bessent with finding a new Federal
Vidya Wires IPO Day 2: GMP trends, strong subscription. Should you apply?
Vidya Wires IPO: In the grey market, the IPO is quoting a 5 premium about 9.6% above the upper price band suggesting a possible listing near 57
Aequs IPO Day 2: GMP suggest 37% listing upside, heavy demand. Is it worth applying?
Aequs IPO saw strong Day 1 demand, getting subscribed 3.42 times, with retail bids soaring past 11 times. The grey market premium suggests a 37%
Crude oil futures rise as Ukraine continues attacks on Russian oil infrastructure
At 9.57 am on Thursday, February Brent oil futures were at $62.92, up by 0.40% and January crude oil futures on WTI were at $59.26, up by 0.53%
Flight disruptions drag IndiGo 3% lower, stock slips for 5th straight session
IndiGo operator InterGlobe Aviations shares fell sharply after widespread flight disruptions crippled operations for two days, prompting a public
Indian rupee in freefall, hits new all-time low of $90.43/dollar
The Indian rupee hit another record low on December 4, opening at 90.43 against the US dollar. The fall extends a sharp depreciation streak after

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