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India's economy is ending the fiscal year strongly. Landmark tax reforms and firm fiscal discipline are key drivers. Finance Minister Nirmala Sitharaman is preparing Budget 2026. This budget will focus on strategic spending and economic stability. Global challenges are present. GST collections remain steady after rate cuts. This indicates ongoing economic activity and better compliance.
The Indian rupee has hit a historic low against the dollar. This slide raises concerns about import costs and stock market stability. However, the economy shows resilience with strong growth and low inflation. Experts are examining who is affected by this currency movement and who might benefit from it.
Sanjiv Bajaj, the chairman of Bajaj Finserv, expressed confidence in the rupee's fair value while emphasizing the need to manage its volatility. He downplayed concerns about the rupee potentially reaching 90 against the dollar, highlighting that a low-interest rate climate is conducive to growth in India's manufacturing and infrastructure sectors.
India will conduct its eighth Economic Census in 2027. This census will follow the population census. Data from the Economic Census will establish a statistical business register. This register will map all enterprises across states. It will track their operational status. The Economic Census provides vital information for policy decisions. The population census is scheduled for 2026 and 2027.
Commerce Minister Piyush Goyal has urged Indian industry to identify weaknesses and innovate for future growth. He stressed reducing reliance on any single country due to the weaponization of trade. Goyal highlighted India's strong economic performance with 8.2% growth and low inflation. He emphasized self-sufficiency in critical products and strengthening domestic supply chains.
India's Atomic Energy Bill 2025 is in its final stages. The government is incorporating suggestions and legal reviews. Discussions with Russia's Rosatom are progressing on nuclear energy cooperation. This includes developing both large and small nuclear power plants. Focus is also on localizing equipment production. Small modular reactors are a key area of discussion.
India must implement new measures to boost manufacturing and supply chain strength. A sovereign wealth fund is proposed to support advanced manufacturing and critical minerals. The Confederation of Indian Industry suggests using disinvestment funds for long-term transformation. This plan aims to reduce import dependence and foster local production, creating significant economic value.
India is negotiating a trade deal with the Eurasian Economic Union to increase exports of pharmaceuticals, chemicals, and engineering goods. The agreement aims to reduce India's trade deficit with Russia. Discussions focus on product categories and potential restrictions. This move comes ahead of Russian President Vladimir Putin's visit. The EAEU market presents significant opportunities for Indian businesses.
The EU and India are committed to finalizing their Free Trade Agreement by the end of 2025, with 11 out of 23 chapters already closed. Key areas like market access for cars and services remain under negotiation. This strategic partnership, representing 25% of global GDP and population, aims to boost bilateral trade, currently at $136 billion.
Developing nations face a severe debt crisis. The gap between debt repayments and new financing has reached a 50-year peak. External debt for these countries hit a record high in 2024. India's external debt also saw an increase. However, India benefited from bond index inclusions and increased lending. South Asia experienced significant net inflows, largely directed to India.
India's business activity remains strong despite global headwinds, with services sector accelerating while manufacturing moderates. US tariffs and waning festive demand impacted factory output, yet robust domestic demand fueled services growth. Despite a dip in export orders and overall business optimism, the economy shows resilience, with upcoming budget decisions crucial for future growth.
The National Company Law Appellate Tribunal (NCLAT) ruled that only the Committee of Creditors (CoC) can appoint a liquidator for a company undergoing insolvency if the Resolution Professional (RP) hasn't provided written consent. The NCLAT set aside NCLT's appointments, stating the tribunal can only replace an RP, not appoint a liquidator independently of the CoC's choice.
Indian markets extended their slide for a fourth session as investors remained cautious near record highs ahead of the RBI's interest-rate decision. The Sensex and Nifty edged lower, with the rupee hitting an all-time low due to persistent foreign outflows and trade uncertainties.
Budget 2026: A comprehensive look at Indias inflation trajectory over the last year ahead of Budget 2026, shows that India's economic narrative is shaped by a disinflationary trend, with both retail and wholesale price indices softening significantly. This shift allows the Finance Minister to focus on growth support in the upcoming Budget 2026, as inflation settles comfortably within the RBI's tolerance band.
The commerce ministry will release the export and import data for November on December 15.
Shares of American Bitcoin, a bitcoin miner backed by two of U.S. President Donald Trump's sons, steadied in premarket trading on Wednesday, a day after slumping nearly 40% following the expiry of a share lock-up.
The rupee briefly crossed ninety against the dollar as trade imbalances, foreign investor exits and delays in a US trade deal pressured the currency. Despite limited RBI intervention, expectations of further weakening persist, with rising hedging costs and continued portfolio outflows.
In its annual International Debt Report, the Washington-based lender also found that overall interest payments had hit a fresh record of $415.4 billion in 2024 despite some relief from falling global interest rates.
Commerce and Industry Minister Piyush Goyal urged industries to identify vulnerabilities, innovate, and diversify supply chains to ensure long-term resilience, citing the weaponization of trade. He highlighted India's strong economic growth of 8.2% and robust foreign exchange reserves, emphasizing the need for self-sufficiency in critical sectors and deeper global integration.
Benchmark indices fell for a third straight session, pressured by banks and financials ahead of the RBI policy. Technical indicators show weakening momentum, with Nifty slipping below the 21EMA. Analysts expect a bearish-to-sideways trend, while Anupam Rasayan and Infosys emerged as top buy ideas.
Nephrocare Health Services IPO opens December 10 with a fresh issue and OFS totaling significant funds. Proceeds will support new dialysis clinics, debt repayment, and expansion. Indias largest dialysis network, NephroPlus operates 519 clinics globally and reported strong financial growth in FY25.
Wall Street's main indexes opened lower on Wednesday, as investors assessed data pointing to a weak jobs market, while Microsoft fell after a report said the tech giant lowered its sales growth targets for certain artificial intelligence products.
The Reserve Bank of India's Monetary Policy Committee is meeting to decide on interest rates. Markets expect a rate cut, but some experts believe the RBI might hold rates steady. Inflation is falling, and economic growth is strong. The committee's decision will be announced on Friday.
With the oversubscription of the offer-for-sale (OFS) of state-owned Bank of Maharashtra, the government is expected to realise about Rs 2,492 crore by diluting its 6 per cent stake in the bank.
India's Chief Economic Adviser V Anantha Nageswaran remains optimistic despite the rupee's decline against the US dollar, projecting a rebound in the coming year. The government is poised for a significant surge in foreign direct investment, aiming to exceed $100 billion this year.
New laws are set to tax tobacco and pan masala products. These bills replace the GST compensation cess. Excise duty will be levied on tobacco items. A health and national security cess will apply to pan masala. This ensures high taxation on these goods continues. The government aims to repay loans and end the compensation cess soon.
India is updating its economic data framework. The base year for national accounts will change from 2011-12 to 2022-23. This revision will happen next year. The move aims to better reflect the current economy. It addresses concerns raised by an international report. The new base year will provide more relevant economic statistics for the nation.
Russia's Sberbank is boosting trade with India, focusing on imports and skilled workers. The bank is facilitating deals with over 6,000 Indian firms new to Russian trade. Payments are being made in national currencies, bypassing sanctions. Russia seeks to increase bilateral trade to $100 billion. India's IT, pharma, and machine-building sectors are highlighted.
Five small-cap stocks, including Cupid, surged to new 52-week highs despite a muted market, posting strong monthly gains of up to 51%.
India's government is set to achieve its fiscal deficit and capital expenditure goals. Strong non-tax revenues and early spending are supporting this. Nominal GDP growth may be slightly lower than predicted. Private investment is still cautious due to global and domestic uncertainties. Upcoming GST data will reveal consumption trends.
D-Street extended their losing streak as banks, autos and FMCG stocks fell under pressure on rupees record slide. Indian Bank, Angel One and key auto stocks declined, whereas Infosys and DOMS saw strong buying interest.
India's smartphone exports to the US have surged over threefold to $1.47 billion in October, defying global challenges. Cumulatively, exports to the US reached $10.78 billion from April to October, a significant jump from the previous year. This robust growth, despite tariff uncertainties, highlights India's strategic advantages and increasing integration into global supply chains.
Dialysis services provider Nephrocare Health Services Ltd, known for its brand NephroPlus, is set to launch its initial public offering, comprising fresh issue of shares worth a little over Rs 353 crore, on December 10.
The destiny of the rupee is to depreciate further, and the 90-per-dollar mark breached on Wednesday is the new normal for the Indian currency, a senior financial services executive said on Wednesday.
Manipal Health Enterprises is preparing to file for a $1 billion IPO in January, aiming for a valuation of up to $13 billion, which could make it Indias most valuable hospital chain. Backed by Temasek, the company has grown rapidly through acquisitions and is working with major banks to launch the countrys biggest hospital-sector listing.
Pine Labs Q2 Results: Payment solutions company Pine Labs swung back to black in the September-ended quarter, reporting a consolidated net profit of Rs 6 crore versus a loss of Rs 32 crore in the year-ago period.
Vidya Wires Rs 300-crore IPO received strong investor interest on Day 1, getting subscribed more than 2 times, driven by robust retail and NII demand. Shares of the company were seen trading at a GMP of nearly 13, as per the latest update. Competitively priced versus peers, the companys strong financials and sector demand make it an attractive long-term consideration.
Realty firm Address Maker has tied up with AI Growth for Rs 200 crore capital to expand its business.
The National Stock Exchange has authorized Tradetron for algo-trading technology. This move supports India's growing systematic trading. Algorithmic trading is becoming accessible to retail investors. SEBI is ensuring transparency and supervision for automated strategies. This development levels the playing field between retail traders and institutions. It promotes disciplined and systematic trading practices.
According to assessments by Crisil, ICICI Bank Research and Emkay Global, the merchandise deficit expanded as gold imports surged nearly 150% quarter-on-quarter, touching USD 19 billion in Q2, while goods exports declined on a sequential basis following the rollout of higher US tariffs on Indian shipments.
Indian stocks extended their decline for a fourth consecutive session on Wednesday as investors booked profits near record highs. Sentiment remained cautious ahead of the Reserve Bank of India's policy decision, while ongoing foreign outflows pressured the rupee to a new all-time low.
Realty firm Migsun Group will invest Rs 250 crore to develop a commercial project in Yamuna Expressway region.
Meeshos top leadership outlines strong anchor investor interest, growth plans, and the roadmap to profitability ahead of its IPO. CEO Vidit Aatrey and CFO Dhiresh Bansal discuss user growth, monetisation levers, logistics efficiency, ad revenue expansion, and future acquisitions aimed at deepening India-wide e-commerce penetration. The company emphasises free cash flow, capital-light operations, and long-term value creation.
Speaking at the IndiaEdge 2025, organised by the Confederation of Indian Industry (CII), on Wednesday, labour and employment minister Mansukh Mandaviya said Indias social security coverage has increased from 19% in 2015 to 64.3% in 2025, an unprecedented 45 percentage point surge over the past decade. The target is to extend social security benefits to 100 crore by the end of 2025-26, second only to China which provides social security to 107 crore workers, he said.
PSU bank stocks fell sharply on Wednesday after the government denied any move to hike FDI limits in public sector banks. The Nifty PSU Bank index fell over 3%, with Indian Bank and PNB declining the most as rupee weakness, profit-taking, and reduced rate-cut expectations intensified selling pressure across the sector.
Aequs Rs 921.81 crore IPO saw strong Day 1 traction, getting subscribed over 2 times, led by a sevenfold retail response. With a GMP indicating a 37% premium and analysts citing strong integration in aerospace manufacturing, early sentiment remains upbeat ahead of allotment on December 8 and listing on December 10.
The Indian Rupee is nearing 90 against the US Dollar. Foreign investors are selling Indian stocks, impacting market performance. Domestic investors are buying, but foreign selling is currently dominant. This situation calls for Indian businesses to adapt. Export-oriented sectors may benefit from the weaker Rupee, while import-dependent sectors face increased costs.
Capri Global expects sustained 30% growth driven by gold loans, affordable housing demand and co-lending partnerships, says MD Rajesh Sharma. With branch expansion, improving MSME asset quality, and falling cost of funds due to rating upgrades and lower MCLR resets, the NBFC targets a 50,000 crore AUM and stronger profitability over the next two years.
The four labour codes - Code on Wages, 2019, Industrial Relations Code, 2020, Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020 - were notified on November 21.

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