News

CDMO-linked chemical makers are pulling ahead as tariff shocks, Chinese oversupply, and weak global demand hit the broader speciality chemicals sector. 

Indias API makers are moving up the value chain, investing in R&D and contract development to capture global pharma opportunities as companies look beyond China.

Bank holiday today: Banks across the country will remain open on Saturday, November 29 as it is fifth Saturday of the month.

The Centre plans to fund the investment from the 76,000 crore India Semiconductor Mission (ISM 1.0).

The move highlights the Indian governments strategic shift towards ensuring mineral security through direct ownership of mines and assets, and reducing reliance on foreign imports.

Bank holidays in December 2025: The Reserve Bank of India has declared 13 bank holidays for December 2025, influenced by regional and religious events. Banks will close on Sundays and specific Saturdays, with notable holidays like Christmas and Indigenous Peoples' Day affecting various states.

Bharti Airtel, Reliance Jio and Vodafone Idea have opposed Trai's proposal for turnover-linked penalties of up to 1% for incorrect financial reports, arguing it's disproportionate. They claim it contradicts the government's goal of ease of doing business.

Currently, Indian refiners charter foreign vessels for their requirements. However, an indigenous fleet is expected to provide support during times of turmoil.

Many Indian entrepreneurs moved to Canada drawn by its Start-up Visa programme. But with over 43,000 applicants facing a 10-year wait, their hopes have been dashed. The legal uncertainty is making some founders abandon their Canadian dreams despite building businesses and putting down roots.

The organized sectorled by cloud kitchens, quick-service restaurants (QSRs) and caf chainsis expected to double and overtake the unorganized sector by the end of the decade, expanding at a 12-14% CAGR compared to 5-7% for unorganized players.

Regional films, particularly Malayalam and Gujarati, are achieving significant box office success with relatable, high-quality storytelling. Films like Lokah Chapter 1: Chandra and Gujarati hits have set new records, indicating a shift in audience preferences.

UpGrad Education is pursuing the acquisition of Unacademy, while CarTrade Tech is close to acquiring CarDekho, highlighting a trend in India's digital economy towards consolidation. Tech firms increasingly favour M&As for growth, improving margins and market share ahead of potential IPOs.

Faster dispute resolution and clearer timelines are positive indicators for investments because it means contracts will be enforced quicker and more decisively.