Business News
Why crop insurance has failed Kashmirs fruit economy
Without crop insurance, Kashmir's apple growers have little option but to watch their produce spoil, absorbing the losses in silence.
TASMA urges Finance Minister to extend duty-free cotton import facility
It will help mills in the country to overcome shortage of the natural fibre and be competitive
Zepto IPO: Quick commerce platform makes confidential filing with Sebi, sources say
Quick commerce firm Zepto has filed draft papers with Sebi for a $1.3 billion IPO, people in the know told us. The Aadit Palicha-led company plan
Open-end spinning mills in Tamil Nadu slash production by 50%
They have been affected by rising cotton waste prices and fall in yarn prices
Warren Buffett retires on December 31 and leaves behind a manual for a life in investing
Warren Buffett will step down as Berkshire Hathaway CEO on December 31, ending a six-decade tenure. Vice-chair Greg Abel takes charge January 1,
Markets stayed range-bound in a holiday-shortened week as low volumes and mixed global cues capped gains. Ultra-low volatility, resilient support
Concurrent Gainers: 14 stocks that gained for 5 sessions in a row
While the Sensex edged up modestly last week, select BSE 500 stocks delivered strong momentum. Thirteen stocks gained across all five sessions, p
India's forex reserves surge by $4.4B to hit $690B
India's foreign exchange reserves have seen a massive jump of $4.36 billion, taking the total to an impressive $693.32 billion for the week endin
Gold touches new high in India today: What's the reason?
Gold prices have hit a new high today, with the MCX rate touching 1,40,465 per 10g. The surge is mainly due to global uncertainty and demand for
US dollar suffers worst week since June: What's next?
The Bloomberg Dollar Spot Index has recorded its worst week since June, falling by around 0.8%.
PNB just flagged a 2,434cr loan fraud to the RBI
Punjab National Bank (PNB) has flagged a loan fraud of 2,434 crore to the Reserve Bank of India (RBI).
Coinbase ex-employee arrested in India over $20M customer data breach
Coinbase, the largest cryptocurrency exchange in the US, has confirmed the arrest of a former customer service agent in India.
Strong fundamentals, big-ticket investments to propel India's FDI in 2026
India anticipates robust FDI growth in 2026, driven by strong economic fundamentals, new trade pacts, and improved ease of doing business. Despit
India-Canada FTA talks to resume in February 2026
India and Canada are likely to resume formal negotiations for a Free Trade Agreement (FTA) early next year.
Oracle faces worst quarter since 2001 amid AI investment concerns
Oracle, the tech giant founded by billionaire Larry Ellison, is witnessing a major slump in its stock.
Silver price today: White metal soars 9% to record high; gold, platinum & others follow the momentum
Silver prices have surged to a record high, outperforming gold with a staggering 158% rise over the past year. This rally, fueled by tight supply
After a stellar 2025, precious metals are likely to see moderated returns in 2026. Gold and silver prices will hinge on geopolitics, US Fed actio
2025 is the year retail investing matured: Key shifts and the road ahead
Indias capital markets are undergoing a structural shift as millions move from trading to disciplined investing. Rising SIP flows, younger invest
How to start crypto investment in 2026: A 5-step guide
India leads global crypto adoption in 2025, drawing new investors to digital assets. A disciplined approachresearch, starting small, diversificat
US airlines cancel over 1,000 flights due to Northeast winter storm warnings
A total of 1,139 flights were cancelled and 3,808 delayed as of 12:30 p.m. ET, the website said
IPOs to watch out for in the last week of 2025: A classic case of lull before storm in 2026?
After a blockbuster 2025, Indias IPO market enters a quiet year-end with just one SME issue opening, while 11 listings dominate the week. Attenti
AI boom adds $550B to wealth of US tech billionaires
The artificial intelligence (AI) market boom has added over $550 billion to the fortunes of America's richest tech moguls this year.
'Year of tariff consequences': Global trade in 2026 another rough patch ahead?
Global trade faces a turbulent 2026 as US tariffs reshape flows, impacting American imports while boosting others. The USMCA faces review, and sh
Yen weaker in thin trading as traders stay alert to intervention risk
The Japanese yen weakened against the US dollar on Friday. Investors are watching for possible intervention to support the yen. The dollar saw a
Oil falls 2% on looming supply glut, hopes of Ukraine peace deal
Oil prices dropped significantly on Friday. Investors are concerned about a global oil surplus next year. Talks between Ukraine's President Zelen
Wall Street closes near record highs; precious metals rise
Indian markets mirrored global trends as major U.S. stock indexes neared record highs, buoyed by anticipated Federal Reserve rate cuts and a weak
Delhi records 'very poor' air quality; foggy conditions likely to persist
The city's overall Air Quality Index (AQI) stood at 355 at 9 am, the Central Pollution Control Board data showed
US stocks end close to all-time highs in light, post-holiday session
Indian markets saw a flat close on Friday after a strong rally. Investors are watching for the Santa Claus rally, a seasonal trend. This year has
How Indias smallholder farmers are driving climate resilience
Lets honour our farmers not only for what they produce but for what they enable: a food-secure, climate-resilient India
Green debt sales hit record levels despite climate backlash
Investors are pouring money into climate-friendly assets despite policy rollbacks, pushing global green bond issuance to records as AI-driven pow
VOC Port Authority re-tenders for outer harbour project costing 9,859-crore; shifts to HAM model
The project cost is up by over 2,000 crore with earlier two bids under DBFOT not attracting many investors
Indian dairy sector faces tight supply as demand strengthens ahead of 2026: Report
India's dairy sector is entering a phase of tighter supply and margin recalibration after navigating sharp cycles of disruption, surplus, and rec
Indias quiet drift toward duopoly: A risk investors can no longer ignore
India's markets are consolidating into duopolies, with two dominant players controlling nearly 90% of sectors like aviation, food delivery, and d
ICICI Bank, AU SFB well-placed as credit cycle turns more disciplined: Siddhartha Khemka
Indias banking sector is recalibrating as asset quality improves and growth turns selective. PSU banks are regaining MSME and home loan share, un
Indias real estate sector stayed resilient in 2025, led by premium housing and strong office demand. Whitelands Sudeep Bhatt says 2026 will see h
India-New Zealand FTA means more jobs, incomes, trade: PM Christopher Luxon
On December 22, India and New Zealand have concluded a comprehensive, balanced and forward-looking FTA, marking a major economic and strategic mi
Coinbase confirms arrest in India linked to data breach at cryptocurrency exchange
A former Coinbase customer service agent has been arrested in India. This arrest is part of an ongoing investigation into a data breach at the cr
China's industrial profits plunge 13%, fastest drop in a year
China's industrial sector witnessed a major slump in November, with profits plummeting by 13.1% year-on-year (YoY).
Wall Street Week Ahead: S&P 500 eyes 7,000 mark as investors look for upbeat end to strong 2025
US stocks are poised for a strong finish to 2025, nearing record highs. Despite recent tech sector jitters, the S&P 500 is on an impressive strea
India's electronics production rises 6-fold, exports jump 8-fold since 2014: Ashwini Vaishnaw
Electronic goods production increased from 1.9 lakh crore in 2014-15 to 11.3 lakh crore in 2024-25, while exports grew from 0.38 lakh crore to 3.
Indias IPO juggernaut runs on retail investor firepower
The 2025 IPO season is nothing short of a phenomenon, propelled by Indian retail investors who have collectively committed around 42,000 crore to
Dalal Street edges down amid low volumes, global uncertainty
On Friday, Indian stock exchanges experienced a downturn as investors opted to trim their portfolios ahead of the weekend break. Meanwhile, bulli
A fair, cost-reflective MSP is vital not just for mills but for farmers, energy security, and the future of Indias integrated sugar-bioenergy eco
New Zealand's Prime Minister Christopher Luxon celebrated the newly signed Free Trade Agreement with India, fulfilling a key government promise.
Irdai fines Reliance General Insurance over commission
Reliance General Insurance has been slapped with a Rs 1 crore fine by Irdai in Hyderabad. The insurance regulator found the company illegally rou
Sensex slips for 3rd day in row, ends at 85,041 points
Indian stock markets experienced a downturn on Friday, with both the Sensex and Nifty indices registering losses for consecutive days. Foreign fu
'Creditors can't alter approved resolution plan'
Creditors' committees cannot change fund reallocation for dissenting members after a resolution plan is approved, the NCLAT ruled. The insolvency
India and New Zealand have finalized a Free Trade Agreement. This pact opens New Zealand businesses to India's large consumer market. The deal is
Ex-Srei promoters committed over 2,400cr loan fraud: PNB
Punjab National Bank has reported a loan fraud of Rs 2,434 crore by the former promoters of Srei Infrastructure Finance and Srei Equipment Financ
Health risks: Tata Steel units sued for $1.6 billion by Dutch NGO
Tata Steel subsidiaries in the Netherlands face a $1.6 billion lawsuit from an NGO over alleged health and environmental damage. The NGO claims e
Metal march: Gold, silver continue to soar
Gold and silver prices have surged to record highs, with silver experiencing a remarkable rally. This surge is driven by geopolitical tensions, i
Insurers set to move away from one-size-fits all models
Indian insurers are shifting to risk-based capital and new profit recognition rules from April 2026. This means capital needs will align with act
Irdai gets more powers to prevent mis-selling
New insurance regulations are coming to stop mis-selling. Irdai will soon introduce stricter rules on how commissions are revealed. This aims to
AI race: Coforge to acquire Encore in nearly $2 billion deal
Mid-cap IT firm Coforge is set to acquire AI firm Encora for $2.3 billion, significantly expanding its presence in the hi-tech and healthcare sec
Bank holiday today: Are banks open or closed on Saturday, 27 December? Check here
Bank Holiday Today, 27 December: According to the Reserve Bank of India (RBI) bank holiday calendar, banks remain closed on the second and fourth
On December 27, 2025, gold prices in India range from Rs 13,946 per 1 gram for 24K gold and Rs 12,766 per 1 gram for 22K gold. Silver is priced a
Airlines cancel more than 1,500 flights ahead of winter storm. Here's what to know
Airlines waived change fees ahead of a large winter storm and low temperatures after the busy Christmas holiday. Airlines cancel more than 1,500
New NASA boss Isaacman says U.S. will return to the moon within Trump's term
New NASA administrator Jared Isaacman said that the U.S.'s return to the moon is key to unlocking the orbital economy. New NASA boss Isaacman say
Coinbase Says Former Agent Arrested In India Over Exchange Hack
In May, the company said hackers bribed contractors or employees outside the US to steal sensitive customer data and demanded a $20 million ranso
8th Pay Commission: How fitment factor is determined and how it affects salarieswhat we know
The 8th Pay Commission, recently approved by the Union Cabinet, seeks to adjust salaries and pensions using a fitment factor influenced by inflat
No circular issued on relaxations related to filing of financial statements under cos law: Govt
The Ministry of Corporate Affairs has denied issuing any circular offering relaxations for filing financial statements. A fake circular claiming
No circular issued on relaxations related to filing of fin statements under cos law: Govt
The Ministry of Corporate Affairs has denied issuing any circular offering relaxations for filing financial statements. A fake circular claiming
No filing relaxations notified under Companies Act, says Govt
The ministry said a fake General Circular No. 08/2025, dated December 26, 2025, is being circulated with false claims of such relief
IndiGo faces 13 lakh penalty related to GST
The Office of the Assistant Commissioner of State Tax, Excise and Taxation Department, Punjab has imposed the penalty of 13,28,255 pertaining to
NBCC settles dispute with Delhi govt, gets 21-acre land to build 8,500-cr project
Under the agreement, the land will be equally divided, with NBCC receiving 21.23 acres on a perpetual lease
Stonepeak, CPPIB to launch open offer for Castrol India
Castrol India shares were trading at Rs 191.40 on the BSE on Friday (December 26)
Digital gold boom: Youth-led purchases hit 12 tonnes; what Sebis warning changes now
Younger investors purchased an estimated 12 tonnes of digital gold in India from January to November, valued at Rs 16,670 crore. Despite a recent
Narayana Murthy's Infosys offers up to Rs 21 lakh packages for fresher roles; check details
Infosys will be hiring engineering and computer science students for specialised roles with salaries ranging from Rs 7 lakh to Rs 21 lakh per ann
Ace investor Ramesh Damani has picked up Rs 13 crore worth of John Cockerill India shares in a bulk deal on Friday, while promoter John Cockerill
BIS notifies first Indian standard for agarbattis, bans harmful chemicals
Announced on National Consumer Day 2025, the standardIS 19412:2025lays down clear norms for raw materials, burning quality, fragrance performance
India, Canada likely to formally restart FTA negotiations in February
Ottawa hopes to gain concessions in line with Indias other FTA partners, say sources
PNB reports RBI about 2,434 crore borrowal fraud linked to SREI's erstwhile promoters
Punjab National Bank reported a borrowal fraud of approximately 2,434 crore to the RBI, connected to SREI Equipment Finance Ltd and SREI Infrastr
Nadda asks AP to tap PPP model to build healthcare infra
Naddas advice comes in the wake of YSRCPs threatto bidders
Storage in all 5 Indian regions drops below 90%
Level drops for the 7th week in a row as it slips to 80 per cent of the 183.565 BCM capacity
DGCA panel on IndiGos disruption submits confidential investigation report
The committee was examining IndiGos flight cancellations, including aspects related to planning, crew management and regulatory oversight.
Agsure Innovations lends a digital touch to coffee quality check
Agsure is offering the device at an introductory price of 1 lakh plus taxes, along with an annual subscription of 25,000 that covers software upd
CoC cannot alter approved resolution plan, reallocate funds of dissenting creditors: NCLAT
The NCLAT has ruled that a Committee of Creditors cannot change a resolution plan's fund distribution for dissenting creditors once it is approve
India in active talks with US, EU to conclude trade agreements soon, says MEA
India is actively pursuing trade agreements with the United States and the European Union, aiming for fair and mutually beneficial deals. Recent
CoC cannot alter resolution plan after approval, says NCLAT
Dismissing an appeal by Bank of Baroda in the Reliance Communications Infrastructure Ltd insolvency case, NCLAT held that while the CoC has comme
India rolls out first dedicated standard for incense sticks amid global scrutiny
This move aims to protect domestic air quality while insulating Indias 8,000 crore industrythe worlds largestfrom rising non-tariff barriers and
US markets today: Wall Street opens mixed after Christmas break; gold and silver extend record rally
Silver soars to Rs 2.32 lakh/kg, Gold tops Rs 1.37 lakh/ amid strong demand
Silver prices soared to Rs 2.32 lakh per kg on Friday, marking a record high this year, while gold touched Rs 1.37 lakh per 10 gm. Strong industr
New-age player EKA Mobility builds market share in Indias electric bus segment
EKA had already been active in government-linked tenders. Today, it sits on an order book of over 3,000 electric buses from public-sector contrac
High gold prices may push leading brands to create standalone LGD jewellery stores
Titan to soon foray into LGD jewellery under the brand name beYon
India is actively engaged with the US to minimise H-1B visa interview disruptions: MEA
We have flagged concerns to the US side, both in New Delhi and in Washington, said MEA Spokesperson

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