Business News
Russia's Putin seeks to boost energy, defence exports with India visit
On his first visit in four years to the Indian capital for a summit with Prime Minister Narendra Modi, Putin will be accompanied by his defence m
Bajaj Finance, HDFC Bank, 4 others among Axis Securities top largecap picks for December
Niftys sharp 1,500-point rebound since October 2025 pushed it to record highs, supported by strong earnings, stable macros and improving sentimen
India, Russia working together to boost New Delhi's exports, says Kremlin
India and Russia are collaborating to boost New Delhis exports, according to Kremlin spokesperson Dmitry Peskov. While Russia continues to be a k
Niftys rally lacks depth; mid- and smallcaps still expensive, says Mahesh Patil
Mahesh Patil of ABSL AMC says Indias earnings momentum is set to strengthen as consumption improves, rate cuts trickle in, and FIIs return. While
Chinese electronics giants like Oppo and Vivo are increasingly relying on loans from their group companies to fund Indian operations. This shift
Swiggy plans 10,000cr share sale next week
Indian food delivery giant Swiggy is gearing up to raise as much as 10,000 crore (approximately $1.1 billion) from institutional investors.
Emmvee Photovoltaic jumps 10% to a new high on strong Q2 earnings
The Bengaluru-based renewable energy companys consolidated net profit for the quarter ended September 2025 zoomed over 5 times to 237.86 crore fr
Tesla CEO Elon Musk bats for H-1B visas, says tariffs distort markets
Tesla CEO raises concerns over Trump's tariff policy and says he does not support closing of the H-1B visa program. Tesla CEO Elon Musk bats for
RBI likely to cut repo rate by 25 bps in December: Report
Kolkata: The RBI could announce a 25-basis point repo rate cut in its upcoming December monetary policy meeting, driven by a sharp decline in inf
Upasana Chachra highlights FII outflows, trade uncertainty behind rupee weakness
The Indian rupee is experiencing significant pressure and hitting record lows, primarily due to weak capital flows, including foreign portfolio o
Nifty set for fresh uptrend, says Motilal Oswal. Here are 4 catalysts, 25 stocks to buy
Motilal Oswal sees the Nifty entering a fresh uptrend after its record high, backed by stronger earnings, supportive policy measures, firm DII in
India in a 'sweet spot', GDP growth to top 7% this fiscal year: FICCI President
India is poised for sustained growth exceeding 7% this fiscal year, driven by strong macro fundamentals and ongoing reforms, according to new FIC
Scindia rebuts surveillance fears, says pre-installed Sanchar Saathi app is entirely voluntary
There is no snooping, no call monitoring. If you want, you can activate it. If you want to keep it on your phone, then keep it. If you want to de
S&P Global Ratings upgrades outlook on Vedanta Resources to 'positive' from 'stable'
S&P Global Ratings has upgraded Vedanta Resources' outlook to 'positive' from 'stable', affirming its 'B' rating on senior unsecured notes. This
Despite new highs, momentum missing in market: Vinay Rajani
The Nifty slipped below key support levels on Tuesday after a brief all-time high, with analysts noting a lack of midcap and smallcap participati
How to pick winning stocks: Balancing Growth vs Valuation | Golden Thumbrule with Anand Shah EP 12
Hedging against India rupee weakness turns costlier as 90/USD looms
Hedging against the Indian rupee's weakness became costlier on Tuesday with the currency nearing the 90 mark, reflecting heightened concerns abou
IndiGo Kuwait-Hyderabad flight makes emergency landing in Mumbai due to bomb threat
The flight 6E1234, operated by an Airbus A321neo aircraft, landed safely at 7:45 am
Indonesia to maintain presence in global bonds issuance, official says
Indonesia will maintain its presence in the issuance of global bonds next year, including Kangaroo and Dim Sum bonds, a Finance Ministry official
Why Starbucks will pay $35M to over 15,000 NYC workers
Starbucks has agreed to pay some $35 million to settle claims from over 15,000 New York City workers.
Mumbai-based Powerica wants to raise 1,400cr via IPO
Mumbai-based Powerica has secured the final approval from the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO)
Bajaj Housing Finance stocks crash 9%: Here we decode why
Bajaj Housing Finance's shares have taken a major hit, falling over 9% to 95.26 per stock in today's trading session.
Sunil Singhania-backed Emmvee Photovoltaic surges 10% as Q2 profit rockets 578% YoY
Emmvee Photovoltaic rose sharply on Tuesday after the company reported a stellar Q2FY26 performance, with net profit jumping 578% YoY to Rs 238 c
Discounts on tickets lure young audiences to multiplexes but dampen spending on food and drinks
Urban youth-centric films are popular but multiplex chains like PVR Inox reported a dip in spend-per-head due to high F&B prices. Family-friendly
Capex cuts to offset tax shortfalls, Govt on track for fiscal targets of FY26: Goldman Sachs
Goldman Sachs anticipates the central government will meet its FY26 fiscal deficit target of 4.4% of GDP by curtailing capital expenditure. This
How Chinese rare-earth dealers are bypassing Beijing's export restrictions
Chinese manufacturers of rare-earth magnets are finding ways to circumvent their government's stringent export restrictions.
Gold prices saw a dip on Tuesday. Traders decided to book profits after recent gains. This pullback ended a strong run for the yellow metal. Dome
Swiggy plans 10,000 crore share sale next week
The Indian units of Citigroup Inc. and JPMorgan Chase & Co., as well as Kotak Mahindra Capital Co will manage the share sale
DoTs WhatsApp SIM-binding mandate faces pushback from Broadband India Forum
BIF said the DoTs order was well-intentioned, but it raised significant questions of jurisdiction, proportionality, and consumer impact
India's October-November sugar output rises 43% on higher recovery rates
India's sugar production surged 43% in the first two months of the 2025/26 season, reaching 4.1 million metric tons. This increase, driven by bet
Omnicom is laying off over 4,000 employees and merging several advertising brands following its $13 billion acquisition of Interpublic Group. Thi
CDMO earnings volatile but long-term story intact, says Dipan Mehta
Dipan Mehta of Elixir Equities discusses select mid-cap and sectoral stocks. He sees potential in Force Motors for long-term investors. Mehta ant
MF-backed 8 Nifty500 stocks crash up to 55% from their highs. Should you buy the dip or bail?
When large institutional investors like mutual funds put money into a stock, its often a signal worth paying attention to. These funds carry out
Swiggy to launch Rs 10,000 crore share sale next week: Report
Indian food delivery giant Swiggy Ltd. is reportedly preparing to raise up to 100 billion rupees ($1.1 billion) from institutional investors as e
Ashok Leyland shares hit 52-week high, jump 4% in 2 days. Here's why
Ashok Leyland shares hit a new 52-week high on Tuesday, rising 2.7% to 164.50 and extending a two-day rally of nearly 4%. The stock is gaining on
How data-driven rural lending can transform Indias credit ecosystem and boost growth
Rural lending is crucial for India's growth, as improved infrastructure and entrepreneurship thrive in these areas.
Modulus Housing bags $7.83mn in series A funding led by Kalaari Capital
The company reports that its operating revenue has gone up by 38 per cent to 54 crore in FY24 from 39 crore in the previous fiscal year
SRMIST crosses 500 granted patents
The universitys portfolio now includes patents like a photocatalytic process for green hydrogen generation, an automatic transmission switching s
Mint Explainer: Why does the government want to buy back congested highways?
The Union government is finalising a new model concession agreement for build-operate-transfer toll highways that will allow it to reclaim stretc
Marriage and divorce tax rules: Gifts, clubbing, and alimony explained
Indian tax laws treat marriage and divorce as significant events affecting tax liability. Gifts received during marriage are exempt up to Rs. 50,
Japan's Nikkei licks wounds after selloff sparked by BOJ hike bets
Japan's Nikkei share average traded flat after a sharp selloff, following hints from the Bank of Japan Governor about a potential December intere
The government has confirmed no current plans for merging public sector banks. Foreign Direct Investment limits in banks have been detailed. The
Operation Sindoor remains in progress: Navy chief
The Navy chief said Operation Sindoor has put financial strain on Pakistan as significant number of merchant ships avoided travelling to that cou
Indian refiners are now securing non-sanctioned Russian crude at attractive discounts, with some deals fetching $5 per barrel below Dated Brent.
Need to ensure strong data confidentiality, effective use of shared info: Revenue Secy
He said jurisdictions globally must also adapt to new challenges, including digital economy taxation and crypto asset reporting frameworks, which
Diversification, investment cooperation key to $100-billion trade goal with India: Russian Deputy PM
Negotiations for a Free Trade Agreement have been launched, with the first round recently held in New Delhi, Russian First Deputy Prime Minister
Jio-Facebook deal: SC rejects plea of RIL against 30 lakh SEBI fine
Court affirms that Reliance failed to promptly clarify media reports on the Jio-Facebook deal in 2020
Kochi to host 7th India International Seaweed Expo and Summit
The event will be organised by the Indian Chamber of Commerce, CMFRI and CSIR-Central Salt Marine Chemicals Research Institute (CSMCRI)
India's sugar output jumps 43% in Oct-Nov on strong Maharashtra performance
Production in Uttar Pradesh, the country's largest sugar producing state, reached 1.40 million tonnes through November, up from 1.28 million tonn
Auto sector momentum likely to continue into 2026: Dipan Mehta
Auto sales are showing strong growth, with experts attributing the surge to recent GST cuts. Companies like Maruti Suzuki, M&M, and TVS Motors ar
Digitalisation, new financial products call for timely global tax info exchange: Sitharaman
NEW DELHI, Dec 2: Finance Minister Nirmala Sitharaman on Tuesday said with the growing digitalisation of the economy and emergence of new financi
Vizhinjam Port likely to start gateway cargo operations by January 2026
Gate opening will pave the way for cargoes originating from South Indian to get direct connectivity to ports across the world
RBI likely to cut repo rate by 25 bps in Dec amid low inflation, strong growth: Report
A report by CareEdge suggests the RBI may cut the repo rate by 25 basis points in December, citing a decadal low in inflation and strong growth m
Trumps push for more AI data centres faces backlash from his own voters
Say no to rezoning, so water keeps flowing and crops keep growing, two women sang in a riff on Woody Guthries folk song This Land Is Your Land
Torrent Gas hires Citi, two others for $450 million IPO
Torrent Gas Ltd. has appointed Axis Bank, Kotak Mahindra Capital, and Citigroup to manage its planned initial public offering, which could raise
Chennai pummelled as deep depression weakens, heads back to coast
More rain expected to wash over Even more rain of various amounts forecast for Tamil Nadu, Coastal Andhra Pradesh during the week
The deviance in risk-free yields in India: What is driving the wedge?
Despite monetary easing, low inflation, and soft crude prices, India's long-term government bond yields have risen due to increased government bo
Neochem Bio Solutions Rs 44.97 crore SME IPO opened on December 2 with a slow start, recording just 0.02 times subscription by mid-morning on Day
Meesho IPO: GMP at 38% ahead of December 3 opening, signals strong listing sentiment
Meesho's IPO, opening December 3-5 with a price band of Rs 105-Rs 111, shows strong investor sentiment with a healthy grey market premium. Analys
Wockhardt shares jump over 4%, extend two-day rally following FDA nod for Zaynich
Wockhardt Ltd shares jumped over 4% to 1,533, extending a two-day rally after surging nearly 20% on Tuesday. The rise follows the US FDAs accepta
Nomura projects Nifty rising to 29,300 by 2026 as growth recovers
Cites calmer geopolitics, a firmer macro backdrop and signs of a cyclical pickup to reinforce the case for higher valuations
2026 set to be strong for equities: Santosh Rao sees macro tailwinds strengthening
Global markets brace for the US Federal Reserve's policy decision, with one rate cut largely anticipated. Investors are also watching AI trade dy
Gold price prediction today: Will gold prices rise in the near-term? Top factors to keep in mind
Gold price prediction: Gold prices are poised for a near-term rise, driven by surging expectations of a Federal Reserve rate cut and ongoing econ
Rupee slumps 32 paise to all-time low of 89.85 against U.S. dollar in early trade
Forex traders said strong dollar demand from corporates, importers and foreign portfolio investors pressurised the rupee
Smallcaps hit pause after a 4-year rally. Is the turnaround finally here?
Indian small-cap stocks have consolidated after a strong rally, facing headwinds like stretched valuations and tighter liquidity. However, easing
Indian rupee hits record low of 89.92 against US dollar
The Indian rupee has hit a record low of 89.92 against the US dollar today. The currency fell past its previous record low of 89.78, which it hit
Reliance completes merger of Star Television Productions with Jiostar
Reliance Industries has completed the merger of its subsidiary Star Television Productions Ltd (STPL)which owns and licenses the STAR brandwith J
Meesho IPO opens tomorrow: Brokerages see strong long-term potential
The 5,421 crore IPO opens tomorrow, December 3, 2025, at a price band of 105-111 per share, valuing Meesho at 50,096 crore ($5.6 billion) and the
Bitcoin steadies near $87,000 after sharp rebound from $84,000 slump
Bitcoin stabilized near $87,000 after a dip, while Ethereum hovered around $2,807. Despite a recent rebound, broader market sentiment remains cau
Realty Income to invest $800 million in CityCenter Las Vegas real estate assets
Realty Income is making a significant $800 million investment in Las Vegas' CityCenter properties, ARIA Resort & Casino and Vdara Hotel & Spa. Th
India bonds stuck in tight range as large state debt supply, tumbling rupee weigh
Indian government bond prices remained subdued on Tuesday as traders anticipated a larger-than-expected state debt issuance. A record low for the
NVIDIA invests $2B in Synopsys, deepens hold on chipdesign tech
NVIDIA has announced a massive $2 billion investment in Synopsys, a company specializing in software and components for semiconductor chip design
Chinas pricing power is undercutting Indias export dreams
India's October 2025 export data reveals a paradox: electronics surged 19%, driven by smartphones, while most other major categories shrank. Aggr
Nomura projects India's Nifty rising to 29,300 by 2026 as growth recovers
Nomura forecasts India's Nifty 50 to reach 29,300 by end-2026, anticipating a 12% rise driven by economic momentum and earnings growth under supp
Rupee hits record low on feeble foreign flows, drawing RBI to defend 90 level
The Indian rupee hit an all-time low Tuesday, pressured by trade deficits and tepid inflows, despite strong economic fundamentals. The Reserve Ba
Arecanut imports from Bhutan, Myanmar hit Indian farmers
Raising this issue under Rule 377 in Lok Sabha on Monday, Captain Brijesh Chowta said these countries enjoy zero customs duty under Indias duty-f
Mumbai housing registrations hit second-highest November ever, but affordability concerns deepen
Mumbai recorded its second-highest November housing registrations ever in 2025, driven by strong mid-to-premium demand, even as affordability con
Nominal GDP slowdown rings alarm despite strong 8.2% real growth: CareEdges Rajani Sinha
Indias nominal GDP slowdown, outdated data systems and tariff-related export concerns took centrestage as CareEdge Chief Economist Rajani Sinha a
Who must pay advance tax by 15 December, and what happens if you miss it
An individual whose total tax liability from non-salary income exceeds 10,000 after accounting for TDS and TCS must pay advance in four instalmen
Your money playbook for every family stagefrom single to parenting
Early investing during high-income, low-responsibility years builds the compounding base families rely on later. How couples can preserve discipl
WhatsApp chats in tax investigations: Courts push back against uncorroborated digital evidence
WhatsApp chats have become a common source of evidence in income-tax investigations. However, recent ITAT rulings indicate that such messages req
China stocks attract fund managers amid economic uncertainty
Global fund managers are steadily returning to China as strong market gains, attractive valuations and rising inflows bolster confidence despite
RBI promotes Usha Janakiraman as Executive Director with immediate effect
Usha Janakiraman has worked in the areas of regulation, external investment and operations, banking supervision, public debt management, currency
Asian markets mostly rose as investors focused on potential US interest rate cuts, buoyed by weak economic data. Nerves around rising Japanese bo
OpenAI invests in Thrive Holdings in latest circular deal
OpenAI has taken an ownership stake in Thrive Holdings, whose parent company is Thrive Capital, a major investor in OpenAI.
Silver has entered the multibagger club with an unprecedented 103% yearly surge, outperforming gold and most stocks. Analysts predict further gai
FM Sitharaman calls for global cooperation to address new tax challenges at Global Forum meeting
Union Finance Minister Nirmala Sitharaman emphasized that the global economy faces complex challenges from digitalization and new financial produ
Putins India visit to revive annual summits, deepen strategic partnership: Russian Deputy PM
This will be President Putin's first visit to India in a long period,adding that both sides had horoughly prepared the agenda to ensure the meeti
Broader market still missing in action as macro signals turn mixed: Ajay Bagga
India's equity markets are not seeing a broad rally despite strong headline indices. Market expert Ajay Bagga highlights global pressures, domest
Budget 2026: Can the Modi govt deliver on its fiscal deficit promise?
Finance Minister Nirmala Sitharaman is set to present the Union Budget 2026. The Modi government is focusing on fiscal consolidation, aiming to r

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