Business

India’s engineering goods exports record strong rebound in Nov

According to EEPC data, October 2025 recorded the lowest engineering exports at USD 9.37 billion, while November 2025 saw the highest at USD 11.01 billion. In November this year, engineering exports grew 23.76% from November 2024, when shipments were recorded at USD 8.90 billion.

2025-12-25T08:35:22.720225+00:00 IST

Rupee stands out as top performer last week in Asia

However, the Indian rupee witnessed heightened volatility during the week and appreciated ~1.27% last week after hitting fresh all-time lows of Rs 91.09 against USD on 16th Dec'25, influenced by weak global cues from the US, major central banks policy decisions, ongoing trade negotiations, and mixed foreign investor activity.

2025-12-25T08:14:58.453423+00:00 IST

Govt should announce 3-year privatisation pipeline of PSEs

The Confederation of Indian Industry (CII) outlined a comprehensive four-point fiscal strategy to strengthen India's macroeconomic stability, focusing on debt sustainability, fiscal transparency, revenue mobilisation, and expenditure efficiency.

2025-12-25T07:44:31.572759+00:00 IST

Impact of GST 2.0 short-lived as Credit Card spends moderate

The impact of GST 2.0 on consumer spending has proved to be short-lived, with card spends moderating after the festive season, even as new card issuance remained healthy, according to a report by Asit C. Mehta Investment Intermediates Limited (ACMIIL), a SEBI-registered stock broker.

2025-12-25T07:29:08.927588+00:00 IST

With more than 18 FTAs so far, India must shift focus to deliver

With 18 free trade agreements (FTAs) already signed and more likely in 2026, India's priority must now move from negotiating new deals to ensuring existing FTAs translate into real export gains, particularly in electronics, engineering and textiles, highlighted a report by the Global Trade Research Initiative (GTRI).

2025-12-25T06:48:50.050505+00:00 IST

Indian commercial vehicle industry poised for upcycle

The Indian medium and heavy commercial vehicle (M&HCV) industry appears to be entering the next upcycle, with industry volumes estimated to grow by around 8 per cent year-on-year in FY26 and 10 per cent in FY27, following a period of modest growth, according to a report by Nomura.

2025-12-25T06:17:27.227272+00:00 IST

Tier-2, Tier-3 cities to drive next phase of India’s housing

India's premium and luxury housing segment is undergoing a structural expansion, with demand steadily moving beyond traditional metropolitan markets into Tier-2 and Tier-3 cities, according to industry reports and developers.

2025-12-25T05:23:34.824982+00:00 IST

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Business

India may miss the USD 1 trillion export target of FY26

India is unlikely to achieve the ambitious target of USD 1 trillion in exports of goods and services in FY26, with global slowdown and protectionism weighing on merchandise shipments, economic think tank Global Trade Research Initiative (GTRI) Founder Ajay Shrivastava told ANI on Wednesday.

2025-12-25T05:00:08.095541+00:00 IST

Business

SEBI eases documentation norms for duplicate securities

Market regulator Securities and Exchange Board of India (SEBI) has further simplified the procedure for issuing duplicate securities certificates to enhance ease of investment, strengthen investor protection, and promote dematerialisation.

2025-12-25T03:57:26.183200+00:00 IST

Business

Private banks lead small business lending; PSBs lost share

Private banks continue to dominate enterprise lending to small businesses in India, closely followed by public sector banks (PSBs), though the latter have seen a decline in their market share over the past two years, according to a report by Small Industries Development Bank of India (SIDBI) and CRIF High Mark, India's first full-service credit information bureau.

2025-12-25T03:20:35.533509+00:00 IST

Business

Indian stock markets shut today for Christmas

Indian stock markets will remain closed on Thursday for the Christmas holiday, marking the last trading holiday of 2025.

2025-12-25T02:43:32.066823+00:00 IST

Business

Vaishnaw lauds Rahul for “acknowledging success” of Make in India

Two days after Rahul Gandhi hailed job creation at the Foxconn's unit in Karanataka and credited the Congress government in the state for "setting an example by creating an ecosystem where manufacturing can grow", Union Minister for Electronics and IT Ashwani Vaishnaw said that the Congress leader has acknowledged "the success of Prime Minister Narendra Modi's 'Make in India' programme.

2025-12-24T16:46:43.926811+00:00 IST

Business

Carrying over 1 million customers every 3 days: IndiGo

"Looking ahead, we are all set to welcome our and India's first Airbus A321XLR which will redefine medium-to-long haul flying for travellers in India and the subcontinent. We look forward to using these aircraft to connect Delhi and Mumbai with Athens starting 23 January 2026, as previously announced," IndiGo Spokesperson said.

2025-12-24T16:02:47.871000+00:00 IST

Business

RBI to inject USD 10 billion liquidity

Under the swap arrangement, banks will sell US dollars to the RBI in the near leg and simultaneously agree to buy back the same amount of dollars at the end of the three-year period

2025-12-24T15:16:17.589274+00:00 IST

Business

QCI rolls out system-wide quality reforms

Drawing from operational experience and evolving stakeholder needs, the reforms are aimed at having a transformative impact across sectors such as healthcare, laboratories, MSMEs and manufacturing, Ministry of Commerce & Industry said in a statement.

2025-12-24T14:11:24.251449+00:00 IST

Business

India must accelerate deep manufacturing: GTRI

He said the best approach is to focus inward over the next half-decade and promote deep manufacturing in the country.

2025-12-24T13:28:18.916282+00:00 IST

Business

Delhi Metro expansion to boost 'Ease of Living': PM Modi

Taking it to a social media post on X, PM Modi said, "Delhi's infrastructure gets a major boost! Cabinet's approval for three new corridors as part of Delhi Metro's Phase V(A) Project will expand our capital's metro network, thus boosting 'Ease of Living' and reducing congestion."

2025-12-24T13:23:43.402391+00:00 IST

Business

Govt cleared way for new airlines: Civil Aviation Minister

"Over the last one week, pleased to have met teams from new airlines aspiring to take wings in Indian skies--Shankh Air, Al Hind Air and FlyExpress. While Shankh Air has already got the no objection certificate (NOC) from the ministry, Al Hind Air and FlyExpress have received their NOCs this week," Naidu said in a post on X.

2025-12-24T12:56:42.602164+00:00 IST

Business

Hanwha Ocean and Hyundai E&C secure major offshore wind project

Hanwha Ocean, Hyundai E&C win offshore wind project to build a large power farm in the sea, securing an engineering, procurement, and construction contract. This major move marked the formal entry of Hanwha Ocean into the offshore wind power sector. The company secured a big contract to design, buy materials, and build the project.

2025-12-24T12:55:25.722567+00:00 IST

Business

Stock market ends marginally lower in volatile session

Among the sectors, except media and metal, all other sectoral indices ended in the red. Information Technology, Oil & Gas, Pharma, PSU Bank were down 0.4% each.

2025-12-24T11:16:59.100481+00:00 IST

Business

Samsung SDI, KG Mobility form cylindrical battery alliance

Samsung SDI and KG Mobility entered into a strategic alliance to create cylindrical battery packs for future electric vehicles. This partnership aims to help both companies gain a strong position in the growing market for advanced electric cars. As per a report by Pulse, the English service of Maeil Business News Korea, the two companies signed a formal agreement on Monday in Seoul to work together on these new technologies.

2025-12-24T10:57:43.594339+00:00 IST