Business News
Oppose land distribution to workers, lose incentives: Assam CM to tea planters
The State government brought legislation to guarantee land protection for 3.33 lakh tea plantation worker families across 825 estates
Paying Musk, irrational exuberance and inequality
Rising wealth inequality has also led to a weakening of democracy
GST collection climbs 6% on revenue from imports
Gross revenue from domestic transactions rose 1.2% to over 1.22 lakh crore, official data published Thursday showed, while revenues from imported
MGNREGS work demand drops 28% in December after law change
About 18.44 million people sought the typically unskilled work under the MGNREGS in December, down 28.4% from 25.77 million a year earlier. In No
India's exports may reach $950 billion in FY27 on West Asia trade pacts
India's export horizons are expanding rapidly, with projections hitting $840-850 billion in FY26 and climbing to $950 billion in FY27. The foster
The Reserve Bank of India's Financial Stability Report highlights emerging structural pressures in the insurance sector, noting that premium grow
Swiss Alpine New Year bar fire kills at least 40, injures 115
Authorities said the cause of the fire remains unknown and ruled out any attack
Government plans next phase of skilling reforms with outcome-based approach
The deliberations focused on outcome-based grading mechanisms for ITIs, strengthening Sector Skill Councils, and simplifying institutional system
Centre launches e-bill platform to process 2 lakh crore fertiliser subsidies
Developed through integration of the Department of Fertilisers IFMS and the Finance Ministrys PFMS, the system enables real-time tracking, centra
Audit push: NFRA releases second audit practice toolkit; focuses on revenue risk assessment
The National Financial Reporting Authority (NFRA) has launched its second Audit Practice Toolkit, focusing on revenue risk assessment for small a
MCA eases director compliance norms, shifts KYC filing to once in three years
The move follows a review of existing rules based on recommendations of a high-level reform panel and stakeholder feedback
Company directors in India now face a simplified annual KYC filing, shifting to a triennial requirement under the Companies Act, 2013. This move,
Sebi has barred 26 individuals from the securities market for up to two years for manipulating the price of SME-listed DU Digital Technologies, w
With an aim to boost NPS, regulator allows banks to set up own pension funds
In a move that is set to widen distribution of pension products, the PFRDA board has given an in-principle nod to a framework that will permit sc
Mills on edge as duty-free cotton imports window ends
With cotton supplies already plummeting by 60 lakh bales compared to last year, mills are feeling the pinch, especially with those pesky US tarif
Big Tech is remaking the U.S. map into an AI empire kingdom-scale data centers, unprecedented debt, power constraints, and a near-religious belie
The Reserve Bank of India announced that 98.41% of the Rs 2,000 banknotes, initially valued at Rs 3.56 lakh crore, have been returned to the bank
A 5 million percent return in 60 years leaves Warren Buffetts legacy unmatched
Warren Buffett has handed over the reins after a six-decade run that turned an unremarkable textile mill into one of the most powerful compoundin
Bernie Sanders and Ron DeSantis speak out against data center boom. It's a bad sign for AI industry
Sen. Bernie Sanders has called for a data center moratoriu, while Gov. Ron DeSantis has pushed back on the AI industry in Florida. Bernie Sanders
NHAI to discontinue know your vehicle process for car FASTags from February 1
Emergence of El Nino during monsoon season may affect rainfall
IMD says too early to predict now, indicates below-normal rainfall during January-March in north-west India
Rice procurement up 7% in Oct-Dec as 72% of kharif target is completed
Bengal, TN, AP and Telangana make up for lower purchases low in Punjab, Haryana and Chhattisgarh
India, Indonesia to revive trade working group meet after 5-years
Both sides to discuss tariff and non-tariff barriers; government calls for industry inputs
US stocks rose again in 2025 after overcoming turbulence from tariffs and Trump's fight with the Fed
The year 2025 was scary good for investors. It was scary because the U.S. stock market plunged to several historic drops on worries about everyth
UPI smashes records in 2025: Whats next for Indias payment giant?
UPI processed 228 billion transactions worth a cumulative 300 trillion in 2025, 33% more than in 2024 in terms of the total number of transaction
2025 watershed year for internal security: MHA
In its 2025 yearender, the MHA cites near-elimination of LWE, effective counter-terrorism strategies and new criminal laws as some of its achieve
SBI stock, Bank of Baroda, PSU banks, Nifty 2026, buy-on-dips strategy, technical analysis, short-term gains, stock recommendations
Indian passenger vehicle sales reached a record 45.5 lakh units in 2025. This growth of nearly 6 percent was boosted by policy tailwinds in the s
Ahead of Market: 10 things that will decide stock market action on Friday
The Indian market ended Thursday with the Sensex marginally lower and the Nifty slightly higher, as gains in IT stocks offset losses in FMCG coun
Aurobindo Pharma arm acquires non-oncology portfolio of Khandelwal Labs
The business generated a turnover of 113.5 crore in 2024-25 with an EBITDA of 28.9 crore. It has around 470 people strong field force and more th
Millions of Americans will now face significantly higher healthcare costs as enhanced Affordable Care Act tax credits expired January 1, 2026. Ov
New seed push targets cotton revival, productivity gains across crops
On the first day of 2026, India introduced 185 new seed varieties to boost agricultural productivity. This includes a focus on cotton, rice, and
DRDO to play key role in creation of Sudarshan Chakra air defence system: Rajnath
Singh said this on the occasion of 68th Foundation Day of the DRDO
Net domestic GST collection dips by over 5% in Dec on rising refunds
However, gross collection up 6.1%; Maharashtra, Gujarat, Karnataka and Haryana are top contributors
80% capital acquisition outlay utilised amounting to nearly 1.2 lakh cr: MoD
Sustained defence reforms for modern, integrated and self-reliant security ecosystem, says MoD in 2025 yearender review
CME Group raises margins for precious metals complex; silver takes the biggest hit
The white precious metal margins and maintenance fee up nearly 50% in a week; gold, platinum and palladium too hit
House of Abhinandan Lodha sells 1,419 flats in Mumbai region for Rs 640 cr
Realty firm The House of Abhinandan Lodha (HoABL) has sold 1,419 apartments for Rs 640 crore at its housing project in the Mumbai Metropolitan Re
In November, a total of 20.47 billion UPI transactions amounting to 26.32 lakh crore were registered by the NPCI
SEBI may defer implementation of higher OTR penalties
Regulator has been considering hiking penalties for daily OTR breaches up to 75 paise per order for ratios above 2,000, from the current 25 paise
Kashmirs handicraft exports slump on tariffs, weak festival orders and competition
Consignments remained subdued, with buyers holding back due to cost sensitivities, shipping delays and overall market uncertainty
The battlefield experience of Indian armed forces has already precipitated a fresh look at the armoury inventory. Use of counter-drone systems ha
New GST mechanism for cigarette, tobacco products, pan masala to give more money to States
New mechanism coming into effect from Feb 1
Oracle of Omaha Warren Buffett retires as Berkshire Hathaway CEO
After nearly six decades at the helm of Berkshire Hathaway, American investor and philanthropist Warren Buffett has stepped down as its Chief Exe
Elon Musk's brain-computer interface (BCI) company Neuralink is preparing to take a major step forward in 2026, after moving forward from a limit
Indian carriers add over 35 planes in 2025, eye more deliveries this year
Indian airlines added 35 planes in 2025, with expectations for more deliveries in 2026 to enhance their networks.
Strong Russian buying lifts Indian coffee exports to record over $2 billion
Russian Federation emerges as second largest buyer displacing Germany
GST action: Vodafone Idea gets Rs 638-crore penalty order; telco plans legal challenge
Defence Ministry has sought 20% increase in Budget outlay for FY27, says SIDM President Bhatia
10 midcap stocks with consistently high RoE for 4 straight years
Ten NSE midcap companies have delivered a consistently strong RoE above 25% for four straight years, signalling robust profitability and manageme
Maharashtras new policy targets 70.5 lakh crore investment
Targets 70.5 lakh cr investment over the policy period
India, Pakistan exchange list of nuclear installations, prisoners
New Delhi: In continuing an annual practice that began in 1992, India and Pakistan on Thursday exchanged lists of their nuclear installations tha
India bonds little changed on first day of 2026 as demand falters
Indian government bonds kicked off 2026 with range-bound trades on Thursday, with traders largely staying on the sidelines, wary that a buyer-thi
Rupee vs dollar: Currency closes lower at 89.98 in the first 2026 day; what set the tone
The Indian rupee opened 2026 on a weak note, slipping 10 paise to close at 89.98 against the US dollar. Sustained foreign fund outflows and a sub
Bajaj Auto, TVS Motor among 10 stocks hit 52-week highs; gains of up to 20% in a month
Ten BSE-listed stocks, including Bajaj Auto and TVS Motor, hit fresh 52-week highs despite a flat market, extending monthly gains of up to 20% an
India's GST collections in December rise 6% to 1.74 trillion
India's Goods and Services Tax (GST) collections for December 2025 have witnessed a year-on-year growth of 6.1%, amounting to 1.74 trillion.
Auto sales traction continues in December with surging demand
Indias passenger vehicles market leader, Maruti Suzuki India Ltd, reported 22%YoY growth in total vehicle sales, including exports at 217,854 uni
Markets begin 2026 on a flat note as ITC crash overshadows auto sector rally
ITC emerged as the sessions biggest casualty, crashing 9.69% to 363.95, wiping out massive investor wealth as cigarette stocks reacted sharply to
ICICI Pru AMC relieves Sankaran Naren from managing Dynamic Asset Allocation FoF
The fund management team has now been revised to include Sharmila Dsilva
Gainers & Losers: ITC among 5 stocks that grabbed the spotlight on Thursday
Indian markets ended flat on Thursday as ITC and Godfrey Phillips tumbled on higher tobacco excise, while Vodafone Idea and Ashok Leyland gained
Musk donates $100M in Tesla shares to charity
Elon Musk, the CEO of Tesla and SpaceX, has donated 210,699 shares of Tesla worth around $100 million to charity.
GST revenue grows at 3-month high rate of 6.1% to 1.74 lakh crore in December 2025
A surge in refunds, however, meant that net revenue fell to a 12-month low of 1.46 lakh crore.
Zomato, Blinkit deliver record 75L orders on New Year's Eve
Zomato and Blinkit, two major players in the Indian food delivery and quick commerce sectors, have set a new record by delivering over 75 lakh or
Global reinsurance firms from Spain, UK & Singapore queue up to enter Gift City
Mapfre Re, C&C Insurance Group and Partner Re apply to set up IFSC insurance offices at GIFT City
Commercial LPG cylinder prices increased by 111; domestic rates unchanged
In a major development, the price of commercial liquefied petroleum gas (LPG) cylinders has been hiked by 111.
Stock market ends first trading session of 2026 on flat note; ITC biggest drag
BSE Sensex dips 32 points or 0.04 per cent to settle at 85,188.60; Nifty rises marginally by 16.95 points or 0.06 per cent to end at 26,146.55
Big relief for car owners; NHAI discontunues post activation KYV
We are actively progressing towards entering MF business
At PL Capital, our approach recognises that technology is an enabler, not a substitute, for trust and judgement, says Amisha Vora, promoter and C
HoABL allots 1,419 homes in Naigaon through Indias first fully online housing model
The homes comprised 51 per cent one-bedroom and 49 per cent two-bedroom units
Rupee falls 10 paise to close at 89.98 against US dollar
Forex traders said the USD/INR pair traded in a tight range, as support from easing crude oil prices was offset by a positive tone in the US doll
Gold opens New Year on firm note; silver slides in futures trade
Gold futures trade higher by 119, or 0.09 per cent, to 1,35,566 per 10 grams in a business turnover of 15,782 lots
Rupee kicks off 2026 weaker on corporate dollar demand
The Indian rupee welcomed 2026 with a marginal decline, weighed down by dollar demand from corporates, while thin volumes in the first trading of
Commerical LPG cylinder rates hiked by Rs 111 from Jan 1
New Delhi: Starting from January 1, the price of commercial LPG has risen by Rs 111 per cylinder across all major cities, making it the highest h
Tax shocker makes Nuvama downgrade ITC shares, says cigarette prices can go up 20%
Nuvama cut ITCs target price to Rs 415 and downgraded the stock to hold after the government announced a sharper-than-expected hike in cigarette
GST revenue momentum holds: December collections at Rs 1.75 lakh crore; up 6.1%
How Indias top 10 conglomerates fared in 2025: Winners, losers and big shifts in market value
India's top business houses experienced a mixed 2025, with Reliance Industries leading wealth creation and Tata Group facing significant market v
What is the Pink Saheli Card? Free travel for women in Delhi, how to apply & more details
Delhi government is set to introduce the Pink Saheli card in early 2026, making it mandatory for women to avail free rides on DTC buses. This sma
Emkay projects 44% downside for Vodafone Idea shares despite Rs 87,695 crore AGR relief. Heres why
Vodafone Idea receives a five-year moratorium on AGR dues, easing near-term cash flow but leaving high leverage and spectrum obligations a major
Kochi Metro sets New Year record with over 1.61 lakh passengers
On December 31, Kochi Metro achieved a new milestone by recording its highest-ever daily revenue of 44,67,688
Bullet train by 2027! Ashwini Vaishnaw reveals key routes Ahmedabad, Surat, Mumbai & more
India's first bullet train is slated for a 2027 launch, with the Surat to Bilimora section opening first. The ambitious Mumbai-Ahmedabad corridor
Excise duty on tobacco: Manufacturers to install CCTV, preserve footage for 24 months from Feb 1
The Rules will apply to manufacturers who pack such goods in pouches
Tobacco stocks crash as India imposes new excise duty
Shares of major tobacco companies, including ITC and Godfrey Phillips India, have witnessed a sharp decline on Thursday.
Plan first, invest later: Why choice between new and old tax regimes requires deep planning
Taxpayers are facing higher tax outgo due to incorrect regime choices, often stemming from misunderstandings of exemptions and documentation. Exp
Power consumption grows 7% to 138.39 billion units in Dec
According to the government data, the peak power demand met or the highest supply during December also rose to 241.20 GW from 224.23 GW recorded
Ola Electric signals business turnaround in Dec 2025
New Delhi: Ola Electric on Thursday reported vehicle registrations of 9,020 units in December as per VAHAN data, with increased market share to 9
EU carbon tax unacceptable, hurting exporting costs: Congress
Ramesh cited the think-tank GTRI's estimate, according to which many Indian exporters may have to cut prices by 15-22 per cent so that their EU i

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