Business

CBDCs more superior to Stablecoins: RBI Deputy Governor

Central Bank Digital Currencies (CBDCs) are digital tokens like Stablecoins, but they are inherently superior since they satisfy all the attributes that money should have, RBI Deputy Governor T Rabi Sankar argued.

2025-12-13T03:49:10.433749+00:00 IST

GST reforms may reduce retail inflation by 35 bps in 2025: SBI

The decline in Consumer Price Index (CPI) or retail inflation due to massive GST rate rationalisation has been around 25 bps so far in the September-November 2025 period, according to estimates put forth by SBI Research.

2025-12-13T03:47:40.145415+00:00 IST

Assam CM inaugurates TVS Credit Technology Centre in Guwahati

As an extension of the Advantage Assam 2.0 initiative and a result of the MoU signed in February, 2025, Assam Chief Minister Himanta Biswa Sarma inaugurated the TVS Credit Technology Centre in Guwahati on Friday evening.

2025-12-13T03:29:07.370659+00:00 IST

India’s forex reserves rise by $1.03 billion to $687.26 billion

India's foreign exchange reserves rose marginally, by USD 1.033 billion in the week that ended December 5 to USD 687.260 billion, driven by a jump in gold reserves, the Reserve Bank of India's latest 'Weekly Statistical Supplement' data showed.

2025-12-13T02:34:13.301063+00:00 IST

India retail inflation to average 2.5% in 2025-26 fiscal: Crisil

As the base effect on food fades, headline Consumer Price Index or retail inflation is likely to edge up slightly to average at 2.5 per cent this financial year 2025-26, Crisil has asserted.

2025-12-13T02:21:59.890585+00:00 IST

India-EU FTA nears completion:CTA Apparels calls it game-changing

Indian garment manufacturer CTA Apparels has applauded the encouraging progress reported by the Government of India on the India-EU Free Trade Agreement (FTA), with the blueprint now in its advanced stages.

2025-12-13T02:01:25.224264+00:00 IST

India home to over two lakh startups: Piyush Goyal

With the year coming to an end in over a fortnight, Commerce and Industry Minister Piyush Goyal on Friday highlighted the progress made in India's startup journey, stating that India is now home to over two lakh government-recognised startups, with over 44,000 entities recognised this year alone, the highest in a year since the inception of the initiative to build a strong ecosystem for entrepreneurship and innovation.

2025-12-12T16:14:03.802496+00:00 IST

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Business

"There has to be a capping in airfares," says Aviation Minister

Union Aviation Minister Ram Mohan Naidu on Friday expressed the need to cap airfare, adding that the government has communicated with the airlines.'

2025-12-12T15:15:44.223455+00:00 IST

Business

India’s seafood export to US remains robust

Overall seafood exports from India registered a 13.93% increase in value during April-October 2025, rising to USD 4.79 billion from USD 4.21 billion in the corresponding period last year. However, shrimp exports to the US during August-October 2025 (provisional) declined to 55,282 tonnes worth USD 512.81 million, compared with 83,375 tonnes valued at USD 673.98 million a year earlier.

2025-12-12T15:14:54.455764+00:00 IST

Business

Startup India Schemes support over 1,800 women-led startups

The Government's flagship Startup India initiatives have provided significant financial support to women-led startups across the country through three major schemes, Fund of Funds for Startups (FFS), Startup India Seed Fund Scheme (SISFS), and Credit Guarantee Scheme for Startups (CGSS), Minister of State for Commerce & Industry Jitin Prasada informed the Rajya Sabha in a written reply on Friday.

2025-12-12T14:45:08.453567+00:00 IST

Business

RBI DG raises concerns over stablecoins

"Over time, the form of money has evolved with technology - from commodities to metal to paper to balances in deposit accounts to now, digital tokens. While the forms of money have evolved with technology, the fundamental character of money - what it represents, or what gives it credibility - has always been that it represents value that has users' trust," he said.

2025-12-12T14:43:45.595355+00:00 IST

Business

ADB signs USD 100 million agreement with FBFL

The Five-Star Social Loan Improving Access to Micro, Small, and Medium-Sized Enterprises Finance for Lower-Income Women Borrowers Project aims to increase the company's MSME loan portfolio for women borrowers.

2025-12-12T14:18:33.246638+00:00 IST

Business

RBI to conduct Rs 50,000 crore OMO purchase on December 18

According to the statement, the OMO purchase will be carried out through a multi-security auction using the multiple price method. The operation will cover government securities maturing between 2029 and 2054, including 6.75% GS 2029, 6.10% GS 2031, 6.54% GS 2032, 7.18% GS 2033, 6.33% GS 2035, 7.23% GS 2039 and 7.09% GS 2054.

2025-12-12T14:18:10.461608+00:00 IST

Business

PLI scheme boosting manufacturing, investments and exports: Jitin

The Production Linked Incentive (PLI) programme, rolled out across multiple priority sectors, has materially improved domestic manufacturing capacities, attracted large-scale investments and supported export growth in participating sectors, Jitin Prasada, Minister of State for Ministry of Commerce & Industry said in a written reply in the Rajya Sabha today.

2025-12-12T13:50:46.495835+00:00 IST

Business

India Today Group rings ceremonial bell at NSE

The India Today Group marked a landmark milestone in its golden jubilee year with a special honour at the National Stock Exchange (NSE) on Friday, where the Group's leadership performed the iconic Ceremonial Bell Ringing to celebrate 50 years of its pioneering presence in India's news media landscape.

2025-12-12T13:23:25.042964+00:00 IST

Business

Coal imports compared to consumption reducing

India crossed the landmark of 1 billion tonne coal production in a single year for the first time in 2024-25. In his presentation, the minister said the total production in 2024-25 was recorded at 1.048 billion tonnes. Minister Vaishnaw also shared a graph in his presentation showing the gradual shift towards greater reliance on domestic coal.

2025-12-12T13:20:13.311414+00:00 IST

Business

India’s cloud data centre capacity reaches 1,280 MW

The cloud data centre capacity in India has reached approximately 1,280 MW, largely serving critical sectors such as banking, power and other critical public infrastructure,

2025-12-12T13:05:39.558705+00:00 IST

Business

India’s retail inflation rises to 0.71% in November

India's retail inflation or Consumer Price Index (CPI) rose to 0.71 per cent in November 2025, marking an increase of 46 basis points compared to October 2025, according to the data released by the Ministry of Statistics and Programme Implementation on Friday.

2025-12-12T12:16:11.618673+00:00 IST

Business

Cabinet announces CoalSETU for auction of coal

The new policy adds to the series of coal sector reforms being undertaken by the Government.

2025-12-12T11:52:47.821947+00:00 IST

Business

Stock market up for second day, Metal ends as top gainer

On a weekly basis, the indexes logged 0.5% fall as investors booked profits near record highs.

2025-12-12T11:52:28.014353+00:00 IST

Business

India bets on generative AI to reshape drug discovery

India will rely on generative AI to accelerate drug discovery and bolster clinical research, Minister of State for Science and Technology Jitendra Singh said on Friday, adding that fears that the technology will replace scientists are unfounded and that AI will only enhance decision-making, not replace experts.

2025-12-12T11:51:02.206609+00:00 IST