Business

India’s hotel demand outpaces supply, boosting hospitality sector

Demand for hotels in India is expected to continue to outpace the supply addition, at least over the next three years, rating agency ICRA said Monday, inferring that the demand-supply mismatch augurs well for the pricing environment and occupancies for the key hospitality space.

2025-11-10T09:05:25.896652+00:00 IST

Crude oil prices surge as US shutdown ends, experts bearish

US senators on Sunday reached a bipartisan deal to reopen the government after a record 40-day shutdown. The agreement, backed by at least eight Senate Democrats, would fund the government through January 30 and include a vote on extending Affordable Care Act subsidies in December.

2025-11-10T08:35:01.541248+00:00 IST

Rajnath Singh inaugurates Defence PSU Bhavan at the World Trade C

Defence Minister Rajnath Singh today inaugurated the Defence PSU Bhavan at the World Trade Centre in New Delhi, marking a major step toward strengthening coordination among India's Defence Public Sector Undertakings (DPSUs). The announcement was shared by the Ministry of Defence, Government of India, on X.

2025-11-10T08:23:47.172300+00:00 IST

TSMC October revenue climbs 11% MoM, 17% YoY

From January to October 2025, the company's total revenue stood at NT$3,130.44 billion (approximately USD 102.64 billion), a 33.8% increase from NT$2,340.09 billion (approximately USD 75.63 billion) during the same period in 2024. The data indicate that TSMC maintained double-digit growth on both a monthly and yearly basis through October.

2025-11-10T06:51:13.453908+00:00 IST

Pre-Budget meeting for Budget 2026-27 begins with Economist

Union Minister for Finance and Corporate Affairs Nirmala Sitharaman on Monday chaired the first pre-Budget consultation meeting with the country's leading economists in New Delhi in connection with the upcoming Union Budget 2026-27.

2025-11-10T06:34:20.954990+00:00 IST

Samsung suppliers expand in Texas as Taylor plant nears operation

Samsung Electronics Co.'s key suppliers are rapidly moving to Taylor, Texas, as the South Korean technology company's new semiconductor foundry nears its launch next year, as per a report by Pulse, the English service of Maeil Business News Korea.

2025-11-10T06:10:57.536109+00:00 IST

India’s IT sector to improve in H2FY26 on AI-led projects: Report

The Indian information technology (IT) sector is expected to register improved second half of the current financial year, supported by AI-led projects, better client engagement, and an uptick in discretionary spending, according to a report by Centrum Research.

2025-11-10T05:57:37.994320+00:00 IST

More News

Business

Much talked about Lenskart opens in loss at Rs 395

Much talked about, Lenskart solutions made a weak debut on Monday, listing at a discount of 1.74 per cent to the issue price.

2025-11-10T04:50:55.275604+00:00 IST

Business

Top or Bottom of market cycle makes little difference for SIP

Starting Systematic Investment Plans (SIPs) at the top of a market cycle can lead to higher absolute wealth creation in rupee terms compared to SIPs that begin at the bottom, even though percentage returns may be marginally higher for the latter, according to a report by WhiteOak Capital.

2025-11-10T04:19:19.228494+00:00 IST

Business

Nifty, Sensex open flat, global upgrades, IPO buzz and Bihar poll

The domestic stock market opened on a flat note on Monday, continuing its sideways movement as investors remained cautious ahead of key domestic and global events. Both benchmark indices registered marginal gains in early trade.

2025-11-10T04:06:33.915088+00:00 IST

Business

Profitability of banks to improve in coming quarters: Report

The profitability of banks is expected to improve in the coming quarters, driven by improved advances growth and lower interest expenses, according to a report by Systematix Research.

2025-11-10T02:42:40.603353+00:00 IST

Business

Jaiprakash Associates resolution plan to be voted on in 2 wks

Conglomerate Jaiprakash Associates Limited, which has been under deep financial stress along with several financial creditors and thousands of homebuyers, will soon see light at the end of the tunnel with the resolution process expected to conclude soon, sources in the know said Sunday.

2025-11-09T11:39:09.708619+00:00 IST

Business

Sugar production in India expected to rise 16% in 2025-26

India's sugar production for the 2025-26 sugar season is projected to rise sharply to 343.5 lakh tons, up around 16 per cent from 296.1 lakh tons in 2024-25, according to the first advance estimates released by the Indian Sugar Mills Association (ISMA) this week.

2025-11-09T11:33:13.716290+00:00 IST

Business

Housing prices rise 7-19% across Indian metros in July-September

Property prices across metros in India continued their unabated upward march in the July-September quarter 2025, supported by strong end-user demand in the premium segment, elevated input costs, and a limited supply of quality, ready-to-move-in inventory, according to digital real estate transaction and advisory platform PropTiger.com by Aurum Proptech.

2025-11-09T09:45:22.473880+00:00 IST

Business

Assam to be part of global semiconductor ecosystem in early 2026

The TATA semiconductor project in Assam is being developed with an investment of Rs 27,000 crore and is expected to produce 48 million semiconductor chips per day upon completion. The first phase of the plant is expected to be commissioned by April 2026.

2025-11-09T09:22:23.041187+00:00 IST

Business

Credit card spending surges 23% to Rs 2.17 lakh crore YoY in Sept

Credit card spending in India rose sharply by 23 per cent year-on-year (YoY) to Rs 2.17 lakh crore in September 2025, driven by festive season offers, GST rate cuts, and a rise in card issuances that boosted discretionary consumption, according to a report by CareEdge.

2025-11-09T08:27:42.006200+00:00 IST

Business

India's forex reserves drop further, but still around record high

India's foreign exchange reserves declined by USD 5.623 billion in the week that ended October 31 to USD 689.733 billion, driven by a slump in both foreign currency assets and gold reserves, the Reserve Bank of India's latest 'Weekly Statistical Supplement' data showed.

2025-11-09T08:17:19.389113+00:00 IST

Business

Per plate food cost in India moderated in October

Costs of home-cooked vegetarian and non-vegetarian thalis declined 17 per cent and 12 per cent year-on-year in October, respectively, primarily because of a steep decline in the prices of vegetables and pulses, according to Crisil Intelligence's latest Roti Rice Rate (RRR) report.

2025-11-09T08:05:28.863346+00:00 IST

Business

CII proposes India Development and Strategic Fund

The industry body CII has proposed the creation of an India Development and Strategic Fund (IDSF), a sovereign-backed, professionally managed institution designed to finance India's long-term growth, resilience, and global economic security.

2025-11-09T07:28:36.765114+00:00 IST

Business

Global uncertainty, key eco data to keep Indian markets volatile

Global uncertainty and heavy flow of Data to Keep Indian Markets Volatile, Say Analysts

2025-11-09T05:04:20.918144+00:00 IST

Business

SEBI warns investors against unregulated ‘digital Gold’ schemes

The Securities and Exchange Board of India (SEBI) has issued a public caution against investing in so-called "Digital Gold" or "E-Gold" products being offered on various online and digital platforms.

2025-11-09T04:15:06.363148+00:00 IST