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The Hindu

Business / The Hindu

Reversing years of losses, power distribution utilities see 2,701 crore profit in FY25

The Ministry also noted an improved performance across important indicators as AT&C losses, gap between average cost and revenue realised as well as reduction in outstanding dues.

18 Jan 2026 12:16 pm
WEF 2026: India readies power-packed presence before global elite

From India, at least four Union Ministers Ashwini Vaishnaw, Shivraj Singh Chouhan, Pralhad Joshi, and K Rammohan Naidu as well as six Chief Ministers are expected to be there, along with over 100 top CEOs from the country

18 Jan 2026 11:38 am
World Economic Forum 2026: Davos fortified as it awaits global elites, from Trump to Zelenskyy

More than 5,000 armed forces personnel, snipers at vantage points, AI-powered drones and special tools to counter spywares and espionage security is like never before

18 Jan 2026 11:00 am
Rationalise customs duty on imported luxury cars: Mercedes-Benz India CEO

This customs duty can be rationalised and brought under one slab...Only 5-8% of the cars we sell in India are facing customs duty and import duty. So, rationalising it, reducing it will make it simpler and help to grow, help get more taxes and get even better cars on the roads, says Santosh Iyer, Mercedes-Benz India MD and CEO

18 Jan 2026 10:52 am
IDBI Bank Q3 net profit remains almost flat at 1,935 crore

The LIC-controlled bank reported a net profit of 1,908 crore in the year-ago period

17 Jan 2026 10:21 pm
Samsungs HARMAN is building the NextGen of connected cars from India

Nitin Gadkari, Union Minister for Road Transport and Highways, recently spoke about the transformative potential of Vehicle-to-Vehicle (V2V), atechnology for autonomous driving in India. HARMAN claims the company isalready at the heart of V2V as well as V2X ( vehicle to everything) and India is truly driving it

17 Jan 2026 8:30 pm
PLI for curbing import dependency in long-term, duty rationalisation in short-term: Wind Energy Industrys wish list for Union Budget

Industry executives noted that it the domestic wind power industry is dependent on imports for high-value components as gearboxes, special bearing, controllers and yaw machines.

17 Jan 2026 8:20 pm
ICICI Bank Q3 net slips 4% to 11,318 crore as RBI slaps additional provisions for agri loans

RBI directed the bank to make a provision of 1,283 crore for agricultural credit facilities wherein the terms of the facilities were found to be not fully compliant with the regulatory requirements.

17 Jan 2026 7:43 pm
China cuts its U.S. debt holdings to a 17-year low, shifts reserves to gold

China's holdings of U.S. treasuries fell to $682.6 billion in November last year, down from $688.7 billion in October, the lowest since 2008, according to data released by the U.S. Department of the Treasury on Thursday (January 15, 2026)

17 Jan 2026 6:41 pm
HDFC Bank Q3 profit jumps 12% to 19,807 crore

Strong growth in core net interest and non-interest income, despite rising expenses from new labour codes, underscores HDFC Banks robust financial performance

17 Jan 2026 3:58 pm
RBL Bank Q3 net profit surges to 214 crore

Net Interest Income (NII) for the period grew 5%. The Net Interest Margin (NIM) was 4.63%

17 Jan 2026 3:48 pm
Yes Bank sees improvement in asset quality, Q3 net profit surges 55% to 952 crore

The GNPA ratio at 1.5% in Q3FY26 was down 10 bps YoY and NNPA ratio at 0.3% was down 20 bps YoY

17 Jan 2026 3:06 pm
Overhaul of import tariff structure, customs processes to cut trade costs, boost manufacturing, exports: GTRI

Tariffs are no longer a revenue tool, as customs duties now account for just 6% of gross tax revenue and average only 3.9% of the value of imports, it added.

17 Jan 2026 1:59 pm
OpenAI introducing ads to ChatGPT

OpenAI announced Friday it will begin testing advertisements on ChatGPT in the coming weeks

17 Jan 2026 9:04 am
Oil & Gas industrys wish list for Union Budget: Review of cess on indigenous production, push for exploration and refining capacity

Beyond the budget, analysts also suggest that the industry would want that natural gas be bought under the GST regime to help their penetration.

17 Jan 2026 5:45 am
RBI issues revised Integrated Ombudsman Scheme to hear complaints against banks, NBFCs

The RBI will establish the Centralised Receipt and Processing Centre at one or more places, as may be decided by it, to receive the complaints filed underthe Scheme and process them

17 Jan 2026 4:20 am
Equity markets to remain open on Budget Day on Feb 1

February 1 is declared as a special trading day by the exchange, the BSE notice said

17 Jan 2026 2:40 am
Palaniswamisrefusal to commit himself to Old Pension Scheme shows that it is unfeasible

If voted back to power, his party will decide on going back to the old schemedepending upon the situation, theAIADMKleader has said, adding that his party will make only feasible promises

17 Jan 2026 12:21 am
Budget 2026-27 must keep the growth momentum

The steps to take must include strengthening the domestic levers of growth, policy certainty and sorting out structural bottlenecks

17 Jan 2026 12:08 am
IBM introduces new software to address growing digital sovereignty imperative

Organisations around the world are facing a growing imperative to exercise control over their technology infrastructure: Big Blue

16 Jan 2026 10:12 pm
LTIMindtree bags 3,000 crore deal from CBDT to build AI-based tax analytics platform

The AI-powered tax analytics platform aims to provide real-time insights to policymakers

16 Jan 2026 10:04 pm
Refunds to all passengers hit by disruptions from December 3-5 processed, IndiGo tells DGCA

Passengers' complaints regarding non-receipt of refunds for he hundreds of flights cancelled abruptly between December 2-9 by the airline continue pouring in on the social media

16 Jan 2026 9:15 pm
Wipro Q3 net declines by 7% to3,119 crore

Demand outlook pipeline is very strong while discretionary spend is something we are watching: Srini Pallia

16 Jan 2026 8:15 pm
IndiGo's Mumbai-Krabi flight delayed over 3 hours, chaos onboard

The airline cited multiple reasons behind the delay in takeoff and said two passengers behaved inappropriately, while fliers, who had boarded the flight, alleged that there was no communication to them from the airline

16 Jan 2026 7:38 pm
Rupee crashes 50 paise to settle near all-time low at 90.84 against U.S. dollar

Volatile global sentiment and a firm U.S. dollar accelerated the withdrawal of foreign institutional investors, even as domestic investors resorted to value buying, forex traders said

16 Jan 2026 5:00 pm
Air India, Singapore Airlines sign deal to offer air travellers more routes, easier connections

The collaboration also aims to have closer alignment of flight schedules between Air India and SIA to enhance customer convenience; both airlines codeshare on 61 points in 20 countries and territories; SIA holds a 25.1% equity stake in the Air India Group

16 Jan 2026 4:29 pm
Maruti Suzuki starts export of Victoris SUV

Victoris SUV has demonstrated global safety credentials, earning a 5-star safety rating in both Global NCAP and Bharat NCAP (New Car Assessment Programme)

16 Jan 2026 4:21 pm
India a key driver of global growth, says IMF spokesperson

IMF spokesperson Julie Kozack, who also heads the Communications Department at the IMF said India is a key growth engine for the world

16 Jan 2026 12:36 pm
Silver, gold retreat from record highs on strong U.S. dollar, weak global cues

Commodities trading on the MCX remained shut during the morning session on January 15 due to civic elections in Maharashtra and later resumed trading in the evening session

16 Jan 2026 12:14 pm
Indias power sector offers $500 billion investment potential over next seven years: Manohar Lal

Speaking at the same event, Pankaj Agarwal, Secretary at the Ministry of Power held India is a high-growth market with huge, untapped potential.

16 Jan 2026 11:10 am
Stock markets rally in early trade driven by surge in Infosys shares

Sensex climbed to 83,726.15 and Nifty went up to 25,743.25

16 Jan 2026 10:29 am
Rupee declines 10 paise to 90.44 against U.S. dollar in early trade

At the interbank foreign exchange, the rupee opened at 90.37 and slipped further to trade at 90.44 against the greenback, 10 paise lower than the closing level of the previous session

16 Jan 2026 10:13 am
India warns Apple it will proceed with antitrust case after company plays for time

Apple has said it fears it could be fined up to $38 billion if Indias competition watchdog uses its global turnover calculation for penalties

16 Jan 2026 10:02 am
U.S., Taiwan sign $250 billion trade deal, cutting tariffs on Taiwanese goods

Taiwan said the island's companies would specifically invest $250 billion in industries such as semiconductors, artificial intelligence applications and energy

16 Jan 2026 7:30 am
Exports rise 1.87% to $38.5 billion in December

Despite global uncertainties, India's exports are recording positive growth, Commerce Secretary Rajesh Agrawal says

15 Jan 2026 4:01 pm
Hardeep Puri meets British Columbia Premier, discusses LNG prospects, LPG imports, cooperation in green hydrogen

The latest outreach forms part of Ottawas larger trade diversification strategy which is reeling under pressure from U.S. President Donald Trump induced tariffs

13 Jan 2026 6:30 pm