Business

Piyush Goyal meets New Zealand’s Minister of Trade to review FTA

Sharing details of the meeting on X, Goyal said, "Held an engaging meeting with my friend & New Zealand's Minister of Trade and Investment, Todd McClay. We discussed key aspects of the India-New Zealand FTA and explored ways to advance the negotiations for the mutual benefit of both countries."

2025-12-12T11:45:16.010352+00:00 IST

Cabinet approves Minimum Support Price for Copra for 2026 season

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has given its approval for the Minimum Support Price (MSP) for copra for the 2026 season.

2025-12-12T11:30:36.805705+00:00 IST

Semicon India Programme driving full-scale chip ecosystem

The Government's ambitious Semicon India Programme is rapidly building a complete semiconductor ecosystem, from design and fabrication to assembly, testing and packaging, Union Minister of State for Electronics and Information Technology Jitin Prasada informed the Rajya Sabha on Friday.

2025-12-12T11:17:04.666347+00:00 IST

Rupee weakness deepens on trade and capital outflows: Report

The Indian rupee has continued to display pronounced weakness this financial year, slipping nearly 5 per cent against the US dollar and consistently trading above the 90-per-dollar mark in recent days.

2025-12-12T11:00:13.169040+00:00 IST

Mercedes-Benz to hike prices by up to 2% from January 1, 2026

Despite the company's aggressive localisation strategy, which continues to absorb the bulk of increased costs, a selective price adjustment has become essential to maintain operational sustainability.

2025-12-12T10:58:25.560490+00:00 IST

BEUMER Group inaugurates manufacturing facility at Reliance MET

Reliance MET City (Model Economic Township Limited), one of India's fastest-growing integrated smart cities, on Friday announced the inauguration of BEUMER Group's new state-of-the-art factory at MET City, Sector-5, Dadri Toe, Jhajjar.

2025-12-12T10:51:30.691312+00:00 IST

Coordination between industry, Govt and financial institutions

A joint report by Confederation of Indian Industry (CII) and Deloitte called for a coordinated approach involving pharmaceutical enterprises, Government agencies, financial institutions, and Industry associations to embed sustainability across the value chain.

2025-12-12T09:42:03.876130+00:00 IST

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Business

Mexico’s tariff hike to hit 75% of India’s exports from January 2

Mexico's decision to sharply raise import duties on goods from countries without a free-trade agreement will significantly disrupt India's exports beginning January 1, 2026, according to a new report by the Global Trade Research Initiative (GTRI).

2025-12-12T09:35:11.013483+00:00 IST

Business

AI investment surge to accelerate in 2026, offsetting tariffs

Artificial intelligence-related investments are set to accelerate sharply in 2026 as companies expand spending to keep pace with the fast-growing AI revolution, according to a report by Fitch Ratings.

2025-12-12T09:18:30.631924+00:00 IST

Business

Devendra Fadnavis meets Satya Nadella, discusses AI's potential

Maharashtra Chief Minister Devendra Fadnavis on Friday met Microsoft Chairman and CEO Satya Nadella as they unveiled MahaCrimeOS AI, India's first AI-powered platform to fast-track cybercrime investigations.

2025-12-12T09:13:26.115371+00:00 IST

Business

Winter emerges as India’s favourite travel season; Goa, Kerala, M

Winter has become India's most preferred season for travel, with more than half the country's travellers taking at least one winter trip every year, according to Airbnb's 2025 Winter Travel Trends Survey.

2025-12-12T09:03:11.390143+00:00 IST

Business

Fed rate cut eases pressure on rupee; India seen stable on FX, bo

The US Federal Reserve's latest 25-basis-point rate cut has set the stage for a complex global monetary backdrop, but its implications for India are expected to be relatively stable, according to analysis from YES Bank's Economics Research team.

2025-12-12T08:44:06.671906+00:00 IST

Business

India identifying global destinations to expand textile footprint

The Ministry of Textiles has formulated a comprehensive 40 country market diversification strategy, identifying high-potential global destinations and undertaking structured outreach through Export Promotion Councils (EPCs), industry delegations, and Indian Missions abroad to enhance India's global footprint, Minister of State for Textiles, Pabitra Margherita informed Rajya Sabha on Friday, in a written reply.

2025-12-12T08:43:47.047617+00:00 IST

Business

Market rally, steady SIPs push mutual fund equity AUM

Monthly SIP inflows remained robust at Rs 294 billion, broadly flat on a month-on-month basis, underlining continued retail participation despite market volatility, the report said. A sharp revival in lump-sum investments which surged 274% month-on-month to Rs 98.8 billion helped push active equity net inflows up by 22.2% from October to Rs 393 billion during the month, it added.

2025-12-12T08:32:35.088738+00:00 IST

Business

Jobs in labour-heavy sectors seen as key to sustaining 8% GDP gro

Strengthening employment opportunities in labour-intensive manufacturing and services sectors could help sustain India's GDP growth at around 8 per cent, according to a study by the National Council of Applied Economic Research (NCAER).

2025-12-12T08:24:53.738174+00:00 IST

Business

Weak household savings continue to weigh on bank deposit

The report flags sluggish household deposit accretion and muted growth in low-cost deposits as the key structural challenges for banks in the current cycle. While deposits have broadly grown in double digits, momentum has failed to keep pace with credit growth.

2025-12-12T08:23:23.679491+00:00 IST

Business

India on cusp of major BESS expansion as demand set for J-curve

India is entering a pivotal phase in Battery Energy Storage Systems (BESS) deployment, with demand expected to rise sharply in the coming years even as the country works to overcome deep structural barriers in manufacturing, technology integration and supply-chain resilience, according to a sector update by Nuvama Institutional Equities.

2025-12-12T08:21:22.435445+00:00 IST

Business

Flexible office segment in India set to grow faster, over 25%

The flexible office segment in the country is set for strong expansion, with the market expected to grow by more than 25 per cent CAGR by CY27E, unlocking an opportunity of nearly Rs 330 billion, highlighted a report by Ambit Capital.

2025-12-12T07:56:50.597721+00:00 IST

Business

Financialisation, equity boom set to unlock multi-trillion-dollar

The combination of rising financialisation, expanding equity ownership and stronger corporate profitability is creating a multi-trillion-dollar opportunity for investors, Motilal Oswal Financial Services in its Annual Wealth Creation Study (2020-2025) said.

2025-12-12T07:25:18.594950+00:00 IST

Business

Auto industry saw 18.7% YoY growth in passenger vehicle sales in

India's automobile industry recorded strong performance in November 2025, with passenger vehicles, two-wheelers and three-wheelers posting their highest-ever sales for the month, according to the data released by the Society of Indian Automobile Manufacturers (SIAM).

2025-12-12T07:15:33.471170+00:00 IST

Business

Maharashtra becomes first state to deploy AI platform for cybercr

Maharashtra has become the first Indian state to equip its police force with an artificial intelligence-powered platform to speed up cybercrime investigations. The AI-driven system, called MahaCrimeOS AI, was unveiled at the Microsoft AI Tour in Mumbai, marking a major step in India's digital policing efforts.

2025-12-12T06:48:43.999657+00:00 IST