Business News
Sebi gives its go-ahead to road ministrys proposed public InvIT
SEBI has approved NHAI's Raajmarg Infra Investment Trust (RIIT), a public InvIT designed to monetize national highway assets and offer retail inv
Yatayat Corporation India Ltd has filed draft papers for an Initial Public Offering (IPO) to raise funds, driven by strong demand in the road fre
US mortgage rates saw a slight dip this week, with the 30-year fixed rate now at 6.18%, offering minimal relief to homebuyers. While rates are do
Why manufacturing has lagged in India
Indias manufacturing sector underperforms compared to China and South Korea, partly due to public sector wages that raise costs and reduce compet
Rail funding: IRFC extends Rs 9,821 crore loan to DFCCIL; World Bank debt refinanced in rupee terms
Indian Railway Finance Corporation (IRFC) has provided a Rs 9,821 crore loan to DFCCIL to refinance its World Bank foreign currency debt for the
How many times can you file a revised income tax return? Here's what I-T Department says
Taxpayers can rectify errors in income tax returns by filing revised returns ahead of the deadline. The Income Tax Department has not prescribed
Sebi eases BSDA rules, excludes ZCZP bonds, delisted stocks from account valuation
Sebi is making demat accounts simpler for investors. Zero Coupon Zero Principal bonds and delisted securities will no longer count towards the va
IRFC refinances freight corridors Rs 10,000 crore World Bank loan
Indian Railway Finance Corporation has successfully refinanced a Rs 10,000 crore foreign currency loan from the World Bank. This move pertains to
GCC NRIs investment pace tempered due to currency fluctuation concerns: Geojit ED
The depreciation of the Indian rupee has affected overall returns and influenced investment behaviour. As a result, many NRIs are now showing hig
CCI cotton procurement 50 lakh bales at MSP till now
Purchases up by about 60% over corresponding period a year ago, lend stability to market
The National Highways Authority of India (NHAI) has received Sebi's approval to register Raajmarg Infra Investment Trust (RIIT) as a Public Infra
US stock markets to see shorter trading hours on December 24, remain shut on Christmas Day
U.S. financial markets will close early on Christmas Eve and remain shut for Christmas Day, returning to a normal schedule Friday. Stocks traded
China issues rare earth magnet licences to a few more Indian companies
However, large-scale clearances are still not happening with majority of applicants still awaiting nod
RBI postpones 2nd phase of quicker cheque clearing mechanism
The Reserve Bank has postponed the second phase of its faster cheque clearance system. This move provides banks more time to adjust their operati
Agios Pharma shares jump 16% as US FDA expands approval for blood disorder drug
Shares of Agios Pharmaceuticals jumped nearly 16% on Wednesday after the U.S. Food and Drug Administration approved the expanded use of its drug
SFIO has initiated an investigation into IndusInd Bank over discrepancies in its derivatives trades and certain balance sheet accounts. The bank
Statutory warning: Alcohol consumption increases risk of mouth cancer, finds Tata Memorial study
Study in fact found greater risk with locally brewed alcohols
Maharashtras Sangli to get dedicated raisin research centre
The proposal was approved in principle by the Senate of Shivaji University, Kolhapur, following a demand raised by Sangli MLA Sudhir Gadgil
Nike shares rise 4% as Apple's Tim Cook doubles personal bet on CEO Elliott Hill's overhaul effort
Nike shares rose nearly 4% in early trading on Wednesday after Apple CEO Tim Cook doubled his personal stake in the sportswear maker, raising his
Gold breaches $4,500 for first time in international markets. How soon in 2026 can it hit $5,000?
Gold surged to a fresh lifetime high above $4,500 an ounce on safe-haven demand, central bank buying and rate-cut hopes. Domestic prices also hit
US stocks traded near record highs in a quiet session ahead of Christmas. Dynavax Technologies saw a significant surge on acquisition news. Globa
Mobile phones are migrating to smaller chips to accelerate AI workloads: MediaTek
`Smartphones are rapidly replacing laptops and becoming the primary computing device in India; the trend is quite evident across tier-2 and tier-
Gadgets that made it to Santas nice list 2025!
From sleek everyday tools to powerhouse gadgets, this years standouts arent just about specstheyre about making life smoother, smarter and a litt
Telangana industry cries foul as power bills skyrocket
Industry SOS to Telangana govt: Halt HILT policy and review power cost hikes
Eggflation hits hard as price of the protein soars on supply crunch and higher demand
Soaring exports, increased winter consumption, poorer production all contributing to the scrambled-up situation
US H-1B revamp likely to hit freshers, volume hiring models
The final rule will implement a weighted selection process that increases the probability that H-1B visas are allocated to higher-skilled and hig
Palladium tops $2,300, silver exceeds $72 as gold steadies near $4,500 per ounce
Fears of Venezuelan tension add to market worries as Trump threatens sanctions on oil tankers
India announces reforms to simplify import checks as it eyes US trade deal
India has announced reforms to simplify import quality checks, reducing paperwork and inspection times. This move addresses U.S. concerns about b
MSDE starts hunt for anchor industry partners to upgrade National Skill Training Institutes
Centre and states have issued expression of interest inviting private sector to take a lead role in upgradation of five NSTIs and 1000 ITIs respe
IndianOil, Nayara Energy lead rural push as Indias fuel retailing stations surpass 1 lakh
IOCL, which boasts of the countrys largest RO network, serves through more than 41,000 fuel retailing stations with almost 33 per cent in the rur
Consumer Affairs Ministry launches official logo of Repairability Index
The logo was selected through a nationwide Logo Design Competition organised by the Chair on Consumer Law at National Law University Delhi, estab
Bharti Enterprises, Warburg Pincus to pick up 49% stake in Haier India
Telecom operators, gear makers see promising year ahead
2025 a year of important regulatory developments as the sector moved to align with the new Telecommunications Act, 2023 and the evolving framewor
Deal with it! When Trump said no, India said yes
India aced trade deals in 2025. The nation resisted US tariff pressure, refusing coercive timelines. Instead, India secured agreements with New Z
US labour pulse: US unemployment claims dip to 214,000; data points to stable layoffs
US unemployment claims dropped to 214,000 last week, indicating a stable labor market despite cooling hiring momentum. This figure fell below eco
US unemployment claims fall again last week, remain at historically healthy level
The number of Americans applying for unemployment benefits fell last week and remain at historically healthy levels despite some signs that the l
Brookfield to develop built-to-suit office campus for JPMorganChase in Powai
Scheduled for completion by 2030, the facility will consolidate JPMorganChases Mumbai workforce into a single, state-of-the-art office tower
Air India eyes over 55% new, refreshed wide-body fleet by end-2026
Airline aims to completely retrofit at least 12 Boeing 787 aircraft
Air India eyes over 55% new, refreshed wide-body fleet by 2026 end
Airline aims to completely retrofit at least 12 Boeing 787 aircraft
MoSPI speeds up data releases, launches new website, revamps surveys
India's statistics ministry is modernizing its data systems. New digital tools and faster releases are improving access to socio-economic informa
Reliance resumes Russian oil imports to feed Jamnagar refinery
Reliance itself paused Russian purchases after the US sanctioned Rosneft PJSC and Lukoil PJSC on Oct. 22 and gave refiners a month to wind down t
US jobless claims fall unexpectedly, but hiring remains weak
Economists say seasonal volatility, tariffs, and an immigration crackdown have weighed on labour demand and supply.
Bank holidays in 2026: The Reserve Bank of India has announced over 100 bank holidays for 2026, covering national, religious, and regional events
QSR continued to witness softer demand environment during December quarter : Elara Capital
GST rate cut led to tactical price cuts on menus by QSR players
For Kashmirs papier-mch artisans, Christmas brings orders from abroad
While exports to the US have been hit by the recent tariffs, increased demand from Europe has been encouraging, say artisans
Veteran pilot who flew back hijacked IC 814 home back now Star Air COO
Captain SPS Suri, who flew hijacked IC 814 back from Kandahar in 2000, has been appointed COO of Star Air. He joins the regional airline as it pl
Petroleum product consumption growth slows in 2025: ICRA Vice President
Offers for sale account for 63 per cent of IPO fund-raise in 2025
Fresh funds raised for capital expenditure have remained almost static at 64,031 crore
Silver rate today: Prices hit record Rs 2.27 lakh/kg in Delhi; global silver crosses $72 an ounce
Silver prices have reached new record highs in domestic and international markets. This surge is fueled by a weaker US dollar, anticipated easier
Indian refiners have constantly adjusted to sanctions, compliance requirements and evolving regulatory regimes in 2025, which is expected to cont
IBBI mandates disclosure of beneficial ownership in resolution plans
Move will help in curbing opaque bids for resolution, say experts
Two-wheeler exports remain buoyant in April-November 2025 with 24% growth
Among the top five OEMs, Bajaj Auto (models like Boxer, Discover and Pulsar) led the pack with a 35 per cent market share in April to November 20
As crypto and private credit hit the mainstream, investor risk seen multiplying
U.S. investors may soon have access to a greater array of products tied to asset classes like private credit and crypto as the Trump administrati
Finolex, MMF support upgraded human milk bank for newborns in Pune
Since 2022, the milk bank has supported over 2,200 infants with more than 1,500 litres of donor milk
BJP faces united Thackeray front in fight for Mumbai civic body
The move is aimed at countering the strong challenge mounted by the Bharatiya Janata Party
Select Group buys 125 crore residential propertyin Delhis Westend
The seller is Promilla Varma and stamp duty of 8.75 crore was also paid for the deal
Mint Explainer | Cheaper loans, rising pricesis buying a home really affordable?
Home buying has become relatively more affordable in most major cities but this improvement is uneven and increasingly skewed towards premium hou
Coast Guard inducts 1st indigenously designed and built pollution control vessel
Samudra Pratap is the largest ship in the Indian Coast Guard fleet
ISRO launches LVM3 Bluebird Block 2, heaviest payload from Indian soil
The largest commercial communications satellite, it is designed to provide space-based cellular broadband connectivity directly to standard mobil
Purandar airport to boost Pune GDP by 2%, says Devendra Fadnavis
The project will not be limited to passenger services but will also function as a cargo airport
Effective tax rate: The shadow metric of Indias growth story
Indias tax debate is shifting from headline rates to Effective Tax Rate, which captures the real burden businesses bear. While large firms manage
Donald Trump's tariff gamble: Who blinked, who pushed back & did it 'make America great again'?
Donald Trump's second term has seen tariffs become America's primary foreign policy tool, reshaping global trade and alliances. While aiming to r
Stock market holiday: Is NSE, BSE open on December 25; what investors should know after Christmas
Stock markets will observe a Christmas holiday on December 25th, marking the year's final trading closure. Normal operations resume December 26th
Largecaps make a strong comeback in 2025: 6 stocks soar over 50%
Largecap stocks staged a strong comeback in 2025 after two years of lagging midcaps and smallcaps. One-third of largecaps gained over 20%, with s
Vedanta, Shriram Finance among 7 largecap stocks hit 52-week highs; gains of up to 35% in a month
Seven large-cap stocks, including Vedanta, Shriram Finance, Hindustan Zinc and Hindalco, hit fresh 52-week highs on Wednesday despite a weak broa
China aims to reset India ties amid LAC calm, US report says
Arunachal Pradesh figures as part of Chinas core interests in Beijings vision of the great rejuvenation of the Chinese nation by 2049, according
J Estates buys 3 land parcels in Gurugram for Rs 2,100-cr senior living projects
Realty firm J Estates has bought three land parcels in Gurugram to develop more than 450 homes for the elderly and is expecting a total revenue o
Santa Claus rally in India bonds to ride on after RBI's liquidity injection gift
The latest intervention from the central bank through liquidity injection will ensure a sustained rise in government bond prices, as well as ensu
Mustard acreage rises 4% to 84.67 lakh hectares as crop condition remains normal
Mustard cultivation has increased by 4 percent nationwide. Major states like Rajasthan, Uttar Pradesh, Madhya Pradesh, Haryana, and West Bengal s
India bonds swing to biggest gains since May after RBI announces cash infusion
Indian government bonds jumped on Wednesday, with the benchmark bond yield marking its biggest single session plunge in seven months after the ce
Union Cabinet approves 12,000 crore Delhi Metro expansion under Phase V(A)
The new phase includes three corridors: R.K. Ashram MargIndraprastha (9.913 km), AerocityIGI Airport T-1 (2.263 km), and TughlakabadKalindi Kunj
AI spending, strong corporate profits, Fed rate cuts seen as key to 2026 stock market
The U.S. stock market is closing the books on a third straight year of double-digit percentage gains. A fourth stellar year in 2026 may be a tall
Market expert Gurmeet Chadha says his journey to financial independence was shaped not by skill or qualifications but by the ability to endure st
Embassy REIT sells two blocks at Bengalurus Manyata Park to EAAA Alternatives for 530 crore
EAAA Alternatives, an Indian alternative asset manager with over 65,000 crore in assets under management, focuses on real assets and private cred
Gold prices reached record highs on Wednesday, fueled by anticipated monetary easing from the US Federal Reserve and escalating geopolitical tens
India can significantly boost exports to New Zealand after FTA: GTRI
The zero-duty access under the FTA could benefit sectors such as processed foods, pharmaceuticals, machinery, electronics, vehicles and aerospace
One man distilled up Amrut and Indri single maltsmeet Indias Surrinder Kumar
Two decades ago, nobody had heard of Indian single malt. Today, it outsells imports. The man who scripted this revolution is master distiller Sur
Stock markets end lower in volatile trade
From the 30-Sensex firms, InterGlobe Aviation, Sun Pharma, Asian Paints, Reliance Industries, Hindustan Unilever and Tata Steel were among the bi
Nifty may stay range-bound near 26,100 before attempting a breakout towards 26,500, says Rohit Srivastava, Founder of Strike Money Analytics and
Axis Energy, Reliance Industries emerge top bidders in coal gasification block auctions
According to technical bid details, the two companies jointly bid for 17 coal blocks across Odisha, Chhattisgarh and Andhra Pradesh, many of whic
Cabinet approves 13 new stations for Delhi Metro under Phase-IV A
Once completed, the expansion is expected to improve connectivity, reduce traffic congestion, and promote sustainable urban transport in Delhi
ITR filing: The Income Tax Department has said that the Non-intrusive Usage of Data to Guide and Enable (NUDGE) campaign aims to encourage taxpay
Sensex, Nifty end marginally lower ahead of Christmas; Trent, Shriram Finance gain
Trent, Shriram Finance lead Nifty 50, IndiGo, Adani Enterprises major laggards
Gainers & Losers: Groww, Kajaria Ceramics and 4 more stocks in focus on Wednesday
Key stocks in focus on Wednesday included Manappuram, Hindustan Copper, Groww, Websol Energy, IndiGo and Kajaria Ceramics as markets paused their
Housing sales dip 16 pc in Oct-Dec to 98,019 units in top 9 cities: PropEquity
Hyderabad witnessed a 19 per cent decline to 11,323 units from 13,902 units, while Kolkata saw an 11 per cent fall to 3,995 units from 4,497 unit

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