Business News
Hope to conclude trade talks with US 'sooner than later': Trade Secy Rajesh Agrawal
India is in active trade talks with the United States. The goal is to regain better market access for Indian exporters. Discussions aim to conclu
Budget wish list: Mortgage companies bat for tax holiday for affordable housing projects
Under the first Pradhan Mantri Awas Yojana (PMAY), developers were eligible for a 100% income tax exemption on profits from approved affordable h
New Zealand pact a booster for financial services
India and New Zealand have signed a free trade agreement. This pact will boost financial services cooperation. It includes new rules for digital
Several taxpayers who filed their income tax returns (ITR) in September for the Assessment Year 2025-26 are waiting for their refunds to be credi
Tata Motors to defend EV market leadership despite intense competition
Aurobindo to acquire additional 20% stake in Chinese JV for $5 million
It will also have the right to acquire remaining 50% stake at $18.86 million by December 2029
Customs duty waiver likely for SEZ-made drugs sold locally
India may soon waive customs duty on medicines produced in special economic zones for local sale. This move aims to reduce costs and increase the
'India Inc needs to push up capex instead of keeping cash on books': EAC-PM chairman S Mahendra Dev
India's strong economic growth and low inflation are expected to continue. The government plans fiscal consolidation and debt reduction. New refo
Nudge campaign: 1.5 m+ revised ITRs filed this year
More than 1.5 million taxpayers have revised their income tax returns for the current assessment year. This voluntary compliance initiative has l
Delhi plans to bring back EV subsidies to tackle pollution
Delhi is taking significant strides in sustainability by introducing financial incentives for those purchasing electric cars and two-wheelers. Ex
Consumer confidence dips to lowest level since US tariffs rolled out
Washington: Consumers were less confident in the economy in December as Americans grow anxious about high prices and the impact of President Dona
Deal approvals: CCI clears Blackstones Federal Bank entry; Tata Steel gets nod for BlueScope buyout
The Competition Commission of India has greenlit Blackstone's acquisition of up to 9.99% stake in Federal Bank via warrants, marking the US priva
RBI announces fresh measures to inject 2.90 lakh crore liquidity
According to analysts these fresh measures besides infusing rupee liquidity into the banking system would take away excess dollar liquidity which
Indian IT stocks, after years of underperformance, are cautiously optimistic for 2026, banking on AI to reignite growth. While past demand weakne
GAIL inks MoU with Chhattisgarh for greenfield urea fertiliser project
The plant is planned with a capacity of 12.7 lakh tonnes, strategically located along GAILs MumbaiNagpurJharsuguda Natural Gas Pipeline corridor.
Ajanta Pharma signs pact with Biocon for Semaglutide
Ajanta plans to commercialise the products after receiving the regulatory approvals, which are expected in late 2026 or early 2027
With 7 lakh units monthly production capacity, India becomes Samsonites biggest manufacturing base
Current utilisation stands at around 80-85%, producing approximately 5.5 lakh pieces monthly, leaving room for growth before the next expansion w
US economy grows 4.3% in Q3, fastest expansion in two years
Consumer spending rose 3.5%, while government consumption and investment increased 2.2%, offsetting a 0.3% decline in private business investment
The Reserve Bank of India is injecting Rs 2 lakh crore into the banking system through government security purchases and a $10 billion dollar-rup
SBI Mutual Fund, BlackRock buy 6.56% stake in Belrise Industries for 897 crore
The stake was sold by promoter group entity Sumedh Tools Pvt Ltd as part of promoter stake rationalisation, without any change in control or mana
China seeks WTO consultations on Indias IT tariffs, PLI on solar modules
Says Indias tariffs are higher than its bound rates; PLI scheme discriminates against imports According to Beijing, India is supposed to maintain
America's economy showed robust growth in the third quarter, exceeding expectations. President Donald Trump highlighted this as a success of his
Puravankara adds 53.5-acre Bengaluru land with 4,800 cr GDV potential
Company has also made some strategic bets, including partnering with KVN Property Holdings LLP for a 24.59-acre parcel at KIADB Hardware Park in
RTX unit Raytheon lands $1.7 billion deal to supply Patriot systems to Spain
Raytheon Technologies secured a $1.7 billion contract to supply four Patriot air and missile defense systems to Spain. This mobile system, develo
Reforms have picked up pace, can deliver stronger growth: RBI DG Poonam Gupta
RBI Deputy Governor Poonam Gupta is optimistic about India's growth, citing reforms and economic strengths. She believes the rupee's movement is
HSL to build two 60-tonne bollard pull tugs for Vizag Port Authority
The tugboats are being indigenously designed and constructed by HSL in line with the objectives of Maritime India Vision 2030 and Aatmanirbhar Bh
Defence electronics firm Tonbo Imaging files DRHP for IPO
The company designs and manufactures advanced sensing, imaging, communication and guidance systems for defence applications and has deployed over
Consumer confidence slides in December to lowest level since US tariffs rolled out in April
Consumers confidence in the economy was shaken in December as Americans grow anxious about high prices and the impact of President Donald Trump's
Ahead of Market: 10 things that will decide stock market action on Wednesday
Indian markets closed flat as IT stocks slipped and foreign investors sold, halting a short rally. Analysts see improving technical momentum in N
Tariff jitters: US consumer confidence slips in December; inflation and jobs worries deepen
US consumer confidence dipped in December to its lowest point since early tariffs, driven by worries over rising prices and trade levies. Househo
bigbasket reaches 50,000 farmers across 16 states on Kisan Diwas
The initiative enables farmers to access organised markets directly while ensuring transparent pricing and payments within 48 hours of goods rece
Novo Nordisk shares jump 10% after US approves Wegovy pill
Novo Nordisk shares jumped 10% on Tuesday after the U.S. Food and Drug Administration approved its weight-loss pill, giving the Danish drugmaker
Maharashtra to bring 25 lakh hectares under natural farming: Fadnavis
Fadnavis said natural farming, along with the growth of the circular economy, would generate large-scale green jobs across agriculture and allied
Samadhan CSR initiative touches 1.4 lakh farmers, says Hindustan Zinc
It has catalysed more than 192 crore of diversified farm income in the past year alone
AHPI to define criteria to address shortcomings and simplify cross-border patient experience
The Association recently partnered with UAEs Mulk Med Healthcare Group
DGCA panel on IndiGo disruption given extension to complete investigation
The four-member committee had sought additional time to complete its probe.
Taxpayers can claim deductions not reported to employers while filing their income tax returns, even after the employer's TDS calculation. The fi
ET Market Watch: IT pullback snaps two-day rally, Sensex, Nifty end flat
Market Trading Guide: Buy Godawari Power, NMDC and 2 midcap stocks on Wednesday for up to 8% gains
Nifty ended marginally higher for the third straight session. Analysts favour buy-on-dips above key support and recommend JSW Infrastructure, God
Gujarat govt transfers 26 IAS officers including MDs of GNFC & GSPC
Avantika Singh Aulakh, additional Principal Secretary to Chief Minister Bhupendra Patel has been transferred and appointed as the new Managing Di
Brokers welcome NSEs circular on distribution of third-party products
The clarification from the NSE came after NSE found that some trading members who are also registered research analysts were distributing banking
US markets today: Wall Street holds near record highs; strong GDP growth lifts bond yields
US stocks traded near record highs as stronger-than-expected Q3 GDP data boosted Treasury yields. Investors digested the economic resilience amid
RBI Governor expects long period of low policy rates for India
Reserve Bank of India Governor Sanjay Malhotra stated India anticipates a long phase of low policy rates. This outlook is contingent on inflation
Bombay HC asks Vijay Mallya to submit to Indian jurisdiction first
Mumbai: The Bombay High Court on Tuesday sent a clear message to fugitive businessman Vijay Mallya that the court will not consider his challenge
LVM3 Bluebird mission to kick off a busy launch calendar for ISRO
Weighing 6,100 kg, the communication satellite will be the heaviest payload to be placed into the Low Earth Orbit (LEO) in Indian space history,
Axis Bank launches digital loans for MSMEs
This fully digital product offers unsecured loans ranging from 2 lakh to 20 lakh, enabling merchants, particularly retail shops, to access quick
Belrise Industries block deal: SBI MF, BlackRock buy promoter's 6.56% stake worth Rs 897 crore
SBI Mutual Fund and BlackRock bought nearly Rs 897 crore worth of Belrise Industries shares via a block deal, as promoter entity Sumedh Tools exi
India-US trade talks shift to slow lane amid holiday cheer
Negotiations to gather pace in the new year to resolve sticky issues, say sources
CoreEL Technologies raises $30 million in Series B funding
The fresh capital will be used to scale manufacturing capacity, strengthen research and development, and support large domestic and overseas aero
Precious metals complex juggernaut rolls on as gold, silver, platinum soar to fresh high
Gold hits a new high for the 50th time this year, silver pierces $70/oz barrier and palladium goes past $2,200
HCLTech bets on targeted acquisitions as organic growth headwinds persist
Rather than chasing scale, the company is stitching together targeted capabilities to stay competitive in specific deal situations
US stocks open lower as yields rise after GDP data
U.S. stock indexes opened lower on Tuesday after stronger-than-expected economic data drove Treasury yields higher, weighing on heavyweight techn
Passenger car exports grew 20% y-o-y in April-November 2025
Export of passenger cars almost touched 6 lakhs in the first eight months of this fiscal
IndiGo to wet-lease 7 aircraft from Qatar Airways and Freebird to boost domestic capacity
Regional routes get capacity push amid supply-side constraints
Hyundai enters into global partnership with ICC
As a premier partner, the South Korean automaker secures exclusive rights and opportunities for the ICCs upcoming international cricket calendar,
Charges framed against Karti Chidambaram in Chinese visa case
The legal process allows me many avenues, and all those avenues will be pursued, Congress MP Karti Chidambaram said
Over 15 lakh revised ITRs filed for current AY: CBDT
More than 15 lakh taxpayers have revised their income tax returns for assessment year 2025-26. The Income Tax Department initiated a NUDGE campai
Base Year revision aims to capture digital economy, new data sources: MoSPI Secretary Saurabh Garg
India's government is updating its economic data base year. This revision will better show how the economy has changed over the last decade. New
RBI to infuse Rs 2.90 lakh crore liquidity via bond buys, USD swap
The Reserve Bank of India is injecting Rs 2.90 lakh crore into the banking system. This will be done through bond purchases and a dollar-rupee sw
Silver's shine here to stay, says Vedanta Chairman Anil Agarwal after 125% jump in 2025
Vedanta chairman Anil Agarwal says silver has entered a structural upcycle, driven by technology-led demand. Silver has surged 125% in 2025, outp
Ajanta Pharma to sell Biocons semaglutide in 26 markets
Biocon will supply semaglutide to Ajanta for exclusive marketing in 23 countries and semi-exclusive marketing in three countries across Africa, t
PayNearby receives TPAP license from NPCI
The application also integrates Bhashini, the Government of Indias AI-driven speech technology, allowing users to speak in their preferred langua
Net FDI negative for the third consecutive month in October 2025
Gold holds firm as top safe haven; oil most exposed to geopolitical shocks, says RBI study
An RBI study finds gold remains the most stable hedge during global crises, while crude oil shows extreme volatility under stress. U.S. Treasurie
IndiaNew Zealand trade deal on apples raises fears among growers in Kashmir, Himachal
Apple growers in hill States are already under pressure from rising input costs, climate-related losses and weak infrastructure, says AFFI
RBI announces Rs 2 lakh crore OMO, $10 bn USD/INR swap to inject liquidity
The Reserve Bank of India on Tuesday said it will purchase government securities worth Rs 2 lakh crore and conduct a USD 10 billion buy/sell doll
New coffee varieties to reach growers in shorter timeframe, says CCRI director M Senthilkumar
Focus is on developing varieties with climate resilience, yield stability and improved cup quality
SEBI clears IPOs of Dhariwal Buildtech, ESDS Software and BLS Polymers
Companies cumulatively will raise over 1,500 crore
Silver smashes $70/oz barrier in global markets; MCX rates surge Rs 5,000/kg to record high
Silver prices hit a fresh record on Tuesday breaching the $70 per ounce mark in the spot market driven by strong industrial and investment demand
Rubber Research Institute develop latex based paint
The technology was developed by the Rubber Products Incubation Centre (RPIC) of the Rubber Research Institute of India (RRII)
RBI announces 2 trillion OMO, $10 bn USD/INR swap to inject liquidity
The OMO (Open Market Operations) purchase and swap auctions will be conducted between 29 December 2025 and 22 January 2026.
Govt proposes double sided closed auction as bidding mechanism for Coal Exchange
The proposal forms part of the revised draft Coal Exchange Rules, 2025
Brookfield India REIT raises Rs 2,000 crore via bonds
Brookfield India Real Estate Trust has raised Rs 2,000 crore by issuing bonds to various investors, including IFC.
Trade friction: China takes Indias solar and IT policies to WTO; consultations initiated
China has initiated a trade dispute against India at the World Trade Organization. The challenge targets India's policies on solar cells, solar m
BJP and AIADMK start seat sharing discussions for next year assembly elections in TN
Union Commerce and Industry Minister and BJP Tamil Nadu election in-charge Piyush Goyal met AIADMK General Secretary Edappadi K Palaniswami in Ch
PE/VC investments jump 31% in November, near 2024 levels: Report
Private equity and venture capital investments in the country surged 31 per cent to USD 5.6 billion in November, according to a report on Tuesday
Bengaluru-based defence electronics firm Tonbo Imaging files DRHP with Sebi for IPO
Defence electronics firm Tonbo Imaging filed draft IPO papers with Sebi for a pure offer for sale. The company is Indias fastest growing defence
Bird flu outbreak confirmed in parts of Alappuzha, Kottayam
In Kottayam, the disease has been detected in the villages of Kuruppanthara, Manjoor, Kallupurakkal and Velur. Quails and chickens were among the
The Income Tax Department is reportedly holding taxpayers' ITR refunds, citing discrepancies in their claims. Many taxpayers are frustrated with
India pledges $450 m to Sri Lankas recovery from Cyclone Ditwah
India stands firmly with Sri Lanka more than ever before, says EAM Jaishankar, in Colombo as special envoy of PM Modi
Ashok Leyland, NMDC among 7 mid-cap stocks hit 52-week highs; gains up to 25% in a month
Seven BSE midcap stocks touched fresh 52-week highs, marking their strongest levels over the past year.
With 3 months left to PLI scheme on mobile phones, industry urges government to prepare for PLI 2.0
The PLI scheme for electronics, including mobile phones, has gained significant traction since its launch.
India bonds little changed as supply worries dominate, benchmark breaks trend
Indian government bonds ended steady on Tuesday, amid worries over excessive supply till next quarter and waning prospects for further rate cuts,
Trade unions call general strike on Feb 12 against 4 labour codes
They have also raised objections to legislations like SHANTI Act for not fixing liability on foreign and national suppliers in event of a nuclear
Maharashtra gains from Centres push on regional air connectivity
UDAN is being implemented as a market-driven programme to improve air links to unserved and underserved regions

11 C
