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The Times of India News

Business / The Times of India

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 higher interest rates, with muted equity moves in a holiday-shortened week.

23 Dec 2025 8:22 pm
US growth rebound: Washington economy expands at 4.3% annual pace in Q3; inflation pressures persist

The US economy surged to a 4.3% annual growth rate in the third quarter, exceeding expectations due to robust consumer spending, exports, and government outlays. Despite this expansion, inflation persisted above the Federal Reserve's target, with the PCE index rising to 2.8%.

23 Dec 2025 7:28 pm
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 modules, and information technology goods.

23 Dec 2025 6:38 pm
Top food orders 2025: What dominated Swiggy carts this year; pizza, biryani or burger? -check list

From comfort staples to regional favourites, Indians kept returning to a familiar set of cravings in 2025. Swiggys year-end data offers a telling glimpse into how tastes evolved.

23 Dec 2025 5:49 pm
Two dates, three traps: How to fix your NPS, PAN and ITR before December 31

December brings crucial financial deadlines. Ensure your NPS Scheme A is switched by the 25th to avoid unwanted changes. The 31st marks the final chance for belated or revised tax returns, crucial for carrying forward losses. Also, verify Aadhaar-PAN compliance for specific PAN holders to prevent inoperability. These actions prevent future financial headaches.

23 Dec 2025 5:04 pm
IPO news: OYO parent PRISM clears shareholder vote to raise up to Rs 6,650 crore; listing plan moves a step closer

OYO's parent company, PRISM, has received shareholder approval to raise up to Rs 6,650 crore through a fresh equity issue for its upcoming IPO. This significant milestone signals steady progress towards a public market debut, with the company also seeing improving financial expectations and a stable outlook from Moody's.

23 Dec 2025 4:53 pm
Cement consolidation: Ambuja merges ACC and Orient into one platform; what the Adani Groups scale bet means for investors

Ambuja Cements is merging ACC and Orient Cement into itself, creating a unified listed platform for enhanced operating leverage and cost synergies. This share-based transaction aims to consolidate Adani Group's cement assets, simplifying operations and bolstering expansion plans.

23 Dec 2025 4:07 pm
Airport tech infra push: Noida International Airport partners Tech Mahindra for network; integrated centre to anchor operations

Noida International Airport (NIA) has partnered with Tech Mahindra to establish a 24/7 integrated Network and Security Operations Centre (NOC-SOC). This collaboration aims to embed cybersecurity and digital resilience into the airport's operations from its inception. The NOC-SOC will proactively monitor and manage critical IT infrastructure, ensuring high availability and robust security for seamless airport operations.

23 Dec 2025 3:24 pm
Gold price today: How much the yellow metal costs in Delhi, Mumbai & other cities; check rates for 22K, 24K gold

Gold and silver prices reached unprecedented highs on Tuesday, driven by investor demand for safe-haven assets amidst geopolitical tensions and anticipated US Federal Reserve interest rate cuts. Both domestic and international markets saw significant surges, with gold futures on MCX and Comex hitting record levels.

23 Dec 2025 3:09 pm
Gold price continues to soar! Rates jump record high of $4,467; US- Venezuela oil tensions fuel the rally

Gold prices hit a new record high Tuesday, driven by escalating geopolitical tensions as the US seized Venezuelan oil tankers. Silver also neared historic peaks, extending a strong rally in precious metals. Expectations of lower US interest rates and a weaker dollar further fueled this surge, making gold an attractive safe haven for investors.

23 Dec 2025 2:22 pm
South Korea's Hyosung Heavy signs $82 million deal for UK wind project

Hyosung Heavy Industries secured a contract worth 120 billion won, or approximately USD 82 million, to supply ultra-high-voltage transformers to the United Kingdom. This deal with SP Energy Networks, a division of ScottishPower, aims to support a significant wind power project as Britain works toward its carbon-neutrality goals.

23 Dec 2025 1:32 pm
PAN-Aadhaar linking deadline nears: How to link your PAN with Aadhaar before December 31, 2025; step-by-step guide

PAN-Aadhaar linking deadline: Link your PAN with Aadhaar by December 31, 2025, or face consequences. Unlinked PANs become inoperative from January 1, 2026, impacting tax refunds and leading to higher TDS.

23 Dec 2025 12:43 pm
Asian stocks today: Markets mostly in green on US rate cut hopes; HSI trades flat, Taiwan jumps over 150 points

Global equities climbed Tuesday, buoyed by anticipated US interest rate cuts and easing AI concerns. Gold and silver hit record highs as US economic data signaled inflation cooling and unemployment rising, strengthening the case for Federal Reserve easing. Micron's strong earnings also boosted tech stocks, despite ongoing AI investment scrutiny.

23 Dec 2025 11:56 am
India's IPO market gains momentum, boosts PE exits: KPMG report

India's IPO market has shown strong momentum in 2025, emerging as a key exit route for private equity (PE) investors, according to KPMG's Pulse of Private Equity Q3'25 report.

23 Dec 2025 11:16 am
Amazon says blocked 1,800 North Koreans from applying for jobs

Amazon has blocked over 1,800 North Koreans attempting to secure remote IT jobs, citing a rise in applications and the use of laptop farms. This tactic, also seen at other companies, aims to generate funds for Pyongyang's regime. Officials warn of a widespread issue, with North Korea's cyber unit actively seeking to steal financial assets.

23 Dec 2025 10:25 am
Your money in 2026: Invest in dynamic asset allocation funds to counter volatility; check list of best performing funds

Markets saw huge volatility in 2025, with analysts predicting its continuation into 2026. Dynamic asset allocation funds, also known as balanced advantage funds, offer a potential solution by adjusting their equity and debt mix based on market conditions, delivering average returns of 4.57% in 2025.

23 Dec 2025 9:45 am
Indian doctors are leaving the UK! Money troubles or policy pressures? Heres the real reason

Indian doctors and nurses are increasingly leaving the UK's NHS due to rising costs, tighter immigration rules, and reduced job security. Financial strain, better global opportunities, and restrictive government policies are pushing many to seek careers elsewhere, with visa numbers for Indian healthcare workers seeing significant drops. This trend impacts the NHS workforce.

23 Dec 2025 9:40 am
Trade deal: US-Indonesia agree to 'balanced' market access; to be signed next month

Indonesia and the United States have finalized a new tariff deal, with presidents expected to sign it next month. The agreement lowers US tariffs on Indonesian goods, including palm oil, coffee, and tea, while the US seeks greater access to Indonesia's critical minerals. This follows a commitment by Indonesia to increase imports from the US.

23 Dec 2025 9:31 am
Stock market today: Nifty50 opens flat; BSE Sensex below 85,500

Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Tuesday. While Nifty50 was above 26,150, BSE Sensex was below 85,500.

23 Dec 2025 9:18 am
India-China ties: Chinese embassy rolls out online visa portal; cuts paperwork, in-person visits

The Chinese embassy in India has launched an online visa application system for Indian passport holders, simplifying the process for tourist, business, student, and work visas. This digital initiative reduces consulate visits and allows for real-time tracking and INR fee payments, aiding in the gradual normalization of ties between the two nations.

23 Dec 2025 8:36 am
Top stocks to buy today: Stock market recommendations for December 23, 2025 - check list

Stock market recommendations: Mirae Asset Sharekhan's Somil Mehta identifies NMDC, Glenmark Pharmaceuticals, and BHEL as top stock picks for December 23, 2025. These companies are showing positive technical indicators, suggesting potential uptrends.

23 Dec 2025 7:30 am
Voltas, HCL Tech & more: Stocks to look out for today; check details

Nuvama downgraded Voltas citing weak near-term demand and high inventory, while Kotak sees improvement in SBI Cards' asset quality and spending. CLSA expects Dalmia Bharat's volumes to rise but margins to be pressured by weak pricing. Morgan Stanley views HCL Tech's acquisition as financially minor, and Citigroup remains positive on Divis Laboratories amid global supply chain shifts.

23 Dec 2025 7:26 am
Fathers guarantee: Oracle co-founder Larry Ellison backstops sons $78bn Paramount bid for Warner Bros. Discovery

Tech billionaire Larry Ellison has personally guaranteed over $40 billion for Skydance's $78 billion bid for Warner Bros. Discovery, aiming to quell board doubts about funding certainty. This move, backing his son David's takeover attempt, intensifies the hostile bid against a rival Netflix deal. WBD's board now faces increased pressure from shareholders.

23 Dec 2025 4:28 am
India seals trade pact with New Zealand, gets tariff-free access to markets

India and New Zealand have inked a free trade agreement, aiming to double bilateral trade within five years. This pact grants India tariff-free access to New Zealand's markets for key sectors like textiles and engineering goods. New Zealand also pledged $20 billion in investment, while India offered market access on over 70% of tariff lines, excluding sensitive products like dairy.

23 Dec 2025 2:24 am
RBI spent $12 billion to not let Re breach 89 level in October

The RBI sold a net $11.9 billion in October 2025 to stabilize the rupee, actively intervening in spot and forward markets. Gross dollar sales surged to $29.6 billion, indicating strong efforts to counter rupee pressure and prevent it from falling below 89 per dollar.

23 Dec 2025 2:12 am
'Low inflation boost for competitiveness': RBI

November's high-frequency indicators reveal robust domestic demand and stable economic activity, with benign inflation keeping input costs low for firms. Despite external headwinds, coordinated policy actions have bolstered resilience, allowing monetary policy to support growth. Global uncertainties persist, impacting emerging market flows, though equity markets showed optimism.

23 Dec 2025 2:05 am
In gold we trust: Yellow metal, silver log new highs

Gold and silver prices have reached unprecedented highs, shattering previous records in both international and domestic markets. February gold futures on MCX surged past Rs 1,36,000 per 10gm, while March silver futures also hit an all-time peak. Experts attribute this surge to substantial liquidity injections by the US Federal Reserve, aggressive central bank gold purchases, and escalating geopolitical tensions.

23 Dec 2025 1:52 am
Sensex up for 2nd day on steady, global cues

Infosys and Bharti Airtel spearheaded a 638-point Sensex rally, marking a rebound after recent declines. The Indian rupee's stability against the dollar boosted investor sentiment, bringing the Sensex close to its all-time high. Despite foreign funds being net sellers, the market experienced a significant surge, adding substantial wealth to investors.

23 Dec 2025 1:45 am
AP Moller in clean energy race, ArcelorMittal to add capacity

Global investors are pouring capital into India's burgeoning clean energy sector. Danish firm AP Moller Capital is making its debut private equity investment, backing a new 900 MW renewable platform. Meanwhile, steel giant ArcelorMittal is investing $900 million to add 1 GW of solar, wind, and battery storage, powering its steel operations with greener energy.

23 Dec 2025 1:29 am
Global giants bank on Indian-origin CFOs

Indian-origin finance chiefs are increasingly leading global giants like Unilever, Tesla, and Mastercard. A study reveals over a dozen multinational corporations have appointed Indian descent CFOs, many educated in India. This trend highlights the evolving role of CFOs as strategists, adept at navigating complex markets and demonstrating resilience, a skill honed by the Indian education system and professional experiences.

23 Dec 2025 1:14 am
India-New Zealand FTA to create new opportunities for exporters

India and New Zealand have signed a Free Trade Agreement set to boost mobility for Indian students and professionals, while enhancing export opportunities. The deal removes student caps, extends post-study work visas, and introduces a temporary employment visa for 5,000 Indian professionals. It also offers tariff reductions on agricultural products and opens up 118 service sectors for India.

23 Dec 2025 1:02 am
IndiaNew Zealand FTA decoded: Why the deal is more about services, jobs and mobility than trade volumes-GTRI explains

India and New Zealand have inked a free-trade agreement, aiming for deeper cooperation rather than immediate trade surges, with bilateral flows at $2.1 billion. The pact opens 70% of India's tariff lines, while New Zealand offers 100% access. Sensitive sectors like dairy remain protected, but provisions for skilled professionals and investment are included.

22 Dec 2025 11:04 pm
Santa Claus rally: Small and midcaps lead December gains; heres what the numbers say

Indian equities are poised for a potential year-end rally, with historical data strongly favoring small-cap stocks. These smaller companies have consistently outperformed during the Santa Claus period, delivering impressive average returns. Technical indicators and market breadth now suggest a rebound for smallcaps, offering an encouraging outlook for investors seeking opportunities.

22 Dec 2025 9:38 pm
India-New Zealand FTA: Faced with Trump tariffs, why new trade deals are important - explained

India and New Zealand have finalized a Free Trade Agreement, promising duty-free entry for Indian goods and $20 billion in New Zealand investments over 15 years. The pact aims to double bilateral trade within five years, though New Zealand's foreign minister expressed opposition, deeming it 'neither free nor fair'.

22 Dec 2025 9:30 pm
US markets today: Wall Street opens higher in holiday-shortened week; S&P 500 nears record

US stock markets opened higher on Monday, with major indices showing modest gains amid light trading. Strength in commodities, including record highs for gold and silver, supported market sentiment. Investors are now awaiting key economic data releases later in the week, including GDP and consumer confidence.

22 Dec 2025 8:46 pm
India-New Zealand FTA: Pact allows dairy processing for re-export; Piyush Goyal rules out market opening

New Zealand firms can process dairy inputs in India for re-export under a new free trade agreement, with India's domestic market fully protected. Commerce Minister Piyush Goyal confirmed the arrangement allows processing of raw materials for 100% export via a fast-track mechanism, ensuring no impact on Indian producers.

22 Dec 2025 8:05 pm
Railway stocks rebound: IRCTC and Jupiter Wagons lead gains; Budget capex hopes lift stocks

Railway-linked stocks surged on December 22, driven by stock-specific news and rising pre-Budget expectations. Jupiter Wagons, IRCTC, RailTel, and RVNL saw significant gains, with some climbing as much as 15%. This rally precedes the Union Budget, a period often marked by heightened focus on capital expenditure themes.

22 Dec 2025 7:45 pm
Stats overhaul: New inflation and GDP base year series slated for February; IIP to follow in May

India is set for a significant overhaul of its key economic data. New series for retail inflation, national accounts, and industrial production, with updated base years, will be released starting February 2026.

22 Dec 2025 6:35 pm
Infra output: Eight core sectors grow 1.8% in November; cement and steel lift momentum as energy drags

India's core infrastructure sectors saw a welcome 1.8% expansion in November 2025, a significant turnaround from the previous month. Cement and steel led the charge with robust growth, alongside fertilizers and coal. However, energy segments like crude oil, natural gas, and electricity continued to face headwinds, recording contractions.

22 Dec 2025 5:45 pm
Tax nudge: Income tax dept ropes in MNCs to flag undisclosed foreign assets; employees face Dec 31 deadline

The Income Tax department is directly contacting multinational companies to alert their Indian employees about undisclosed foreign assets and income before the year-end compliance deadline. Companies are urged to ensure staff disclose overseas assets and income to avoid penalties and prosecution under the Black Money law.

22 Dec 2025 5:19 pm
Mutual fund taxation explained: How equity, debt and hybrid schemes are taxed; what investors should factor in

Understanding mutual fund tax treatment is crucial for optimizing returns. Tax liability arises only upon selling, switching, or redeeming units, with the impact depending on the fund type and holding period.

22 Dec 2025 4:20 pm
Foxconn ramps up hiring! Recuri 30,000 at all women led iPhone unit What's next for the Apple components plant?

Foxconn's new iPhone plant near Bengaluru is India's fastest-growing factory, hiring 30,000 workers in under a year. This expansion, with a predominantly young female workforce, highlights Apple's strategy to diversify supply chains beyond China. The facility, set to become India's largest, is already exporting over 80% of its output.

22 Dec 2025 3:57 pm
Gold price today: How much 18K, 22K, 24K gold costs in Delhi, Mumbai Check rates for your city

Gold prices surged to record highs on Monday, driven by a weaker US dollar and anticipation of US Federal Reserve interest rate cuts. Both domestic and international markets saw significant gains, with MCX gold futures hitting Rs 1,35,824 per 10 grams and Comex gold reaching USD 4,429.3 per ounce.

22 Dec 2025 3:27 pm