Business

CREDAI pushes for housing reform in Budget 2026

The Confederation of Real Estate Developers' Associations of India (CREDAI) has submitted its recommendations for the Union Budget 2026-27, calling on the government to implement urgent measures to strengthen housing affordability and ensure a steady supply of residential units. The apex body emphasised that its proposals are designed to align with national priorities such as "Housing for All" and urban rejuvenation while tackling structural challenges in finance, taxation, and regulatory frameworks. As the real estate sector remains a driving force for employment and urban development, CREDAI argues that targeted interventions are now essential to unlock pent-up demand and support the vision of a "Viksit Bharat".

2026-01-22T09:11:25.830141+00:00 IST

Nearly 60% of Indian businesses confident in scaling AI: Nasscom

Responsible Artificial Intelligence (AI) is rapidly becoming a business imperative for Indian enterprises, moving beyond ethical intent to a strategic priority linked with trust, governance, and long-term value creation, according to Nasscom's State of Responsible AI in India 2025 report.

2026-01-22T08:44:29.708314+00:00 IST

ASF Insignia secures around Rs 1,250 crore capital commitment

ASF Insignia, a large integrated commercial IT office campus located in Vatsal Valley, Gurugram, has secured a commitment of approximately Rs 1,250 crore in equity and quasi-equity investments from Mumbai-headquartered Alpha Alternatives.

2026-01-22T08:43:40.852168+00:00 IST

India’s fiscal and monetary policies to support consumer demand

Supportive fiscal and monetary policies, along with financial deregulation, are expected to aid a revival in the consumer demand in India into FY27, even as the global environment remains uncertain, according to a report by HSBC Asset Management.

2026-01-22T08:31:48.657064+00:00 IST

Small nuclear reactors to tackle India’s hefty energy import bill

Speaking to ANI, Shamika Ravi, a member of the Economic Advisory Council to the Prime Minister, highlighted the importance of small nuclear reactors within the broader 2047 energy strategy.

2026-01-22T08:06:00.034543+00:00 IST

EU pulls tariff preferences on 87 per cent of Indian exports

From January 1, 2026, India faces a major setback in the EU market, as 87 per cent of its exports begin paying higher import tariffs following the EU's suspension of Generalised Scheme of Preferences (GSP) benefits. These GSP concessions previously allowed Indian products to ship at less than Most Favoured Nation (MFN) tariffs to EU markets. Now, however, concessions are suspended for 87 per cent of the value of Indian goods to the EU, forcing exporters to pay full MFN tariffs.

2026-01-22T08:00:47.425807+00:00 IST

India-EU FTA to unlock global markets, says Rajan Bharti Mittal

The long-awaited Free Trade Agreement (FTA) between India and the European Union appears to be entering its final stages, with industry leaders and diplomats expressing high optimism during the World Economic Forum in Davos.

2026-01-22T06:51:35.382899+00:00 IST

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Business

India Inc optimistic about India’s growth ahead of Budget: FICCI

A survey conducted by the Federation of Indian Chambers of Commerce and Industry (FICCI) found strong optimism across industry in India, with nearly 80 per cent of respondents expressing confidence in the country's growth prospects.

2026-01-22T06:49:00.558422+00:00 IST

Business

Bank of India net profit surges 7.47% YoY to Rs 2,705 crore in Q3

The Bank of India reported a 7.47 per cent year-on-year rise in net profit to Rs 2,705 crore for the third quarter of the current financial year FY26, reflecting improved asset quality, steady income growth and better operating performance.

2026-01-22T06:48:05.312062+00:00 IST

Business

Oil and Gas PSUs becoming technology-driven, profitable: Puri

Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Thursday underscored that India's oil and gas public sector undertakings (PSUs) are steadily evolving into technology-driven, profitable and future-ready energy institutions, in line with the transformative vision of Prime Minister Narendra Modi.

2026-01-22T06:02:36.762383+00:00 IST

Business

India’s installed power capacity rises 36% in five years

India has made significant progress in expanding its power generation capacity over the last five years, with installed power capacity rising by nearly 36 per cent, largely driven by rapid growth in renewable energy, according to a report released by the Reserve Bank of India (RBI).

2026-01-22T05:17:58.941965+00:00 IST

Business

Nifty jumps 180 pts, Sensex up 0.7% in opening

Domestic equity benchmarks opened higher on Thursday as investor confidence improved after U.S. President Donald Trump rolled back tariff threats against European nations, citing a framework agreement on the Greenland issue.

2026-01-22T04:06:25.176607+00:00 IST

Business

Policy focus on innovation & stability and consumer protection

The policy focus on maintaining a balance between consumer protection, innovation, and a prudent regulatory approach will help support long-term economic growth in India, according to a report by the Reserve Bank of India (RBI).

2026-01-22T03:21:10.553769+00:00 IST

Business

Trump says US to receive USD 600 billion in tariff revenue

US President Donald Trump on Thursday said that the United States will receive around USD 600 billion in tariff revenue, adding that the amount is expected to be much higher next year.

2026-01-22T02:55:38.692712+00:00 IST

Business

Telangana delegation promotes Vision 2047 with TATA Chairman

As per the statement released by the Telangana government, Chief Minister A. Revanth Reddy began the discussion by mentioning Telangana government's successful partnership with Tata Technologies in launching the major initiative to transform 65 government Industrial Training Institutes (ITIs) into Advanced Technology Centres (ATCs).

2026-01-21T17:14:15.203539+00:00 IST

Business

Telangana CM discusses idea of building a 'Swiss Mall'

As per the statement released by the Telangana government, the collaboration in areas include from culture and education, skilling & training - especially in hospitality management and sports. Leaders of the two states deliberated on mutual cooperation in sharing best practices in retail and life sciences sectors.

2026-01-21T16:47:45.090914+00:00 IST

Business

Telangana Rising delegation holds talks on Cisco's MoU

As per the statement released by the state government, the delegation promised to extend full cooperation in Cisco's future plans for Telangana, emphasising that the state had earned its reputation as an economic powerhouse and a dynamic hub for industrial growth. Guy Diedrich, Senior Vice President & Global Innovation Officer at Cisco, met the delegation during the WEF.

2026-01-21T16:46:06.826785+00:00 IST

Business

AB InBev to expand existing facility in Telangana

The new investment in expansion would generate significant additional revenue every year for the state, the company said. The company, with two manufacturing plants in Telangana and providing employment to 600 people, has operational presence in over 50 countries.

2026-01-21T16:31:35.051518+00:00 IST

Business

Reliable, resilient, digital partner essential for India

"India today stands at the intersection of trust, scale, and innovation, offering reliability through its stable democratic institutions, resilience through its diversity and size, and relevance through solutions that deliver value for money. No longer defined as merely an emerging economy, India is becoming essential to the global economic order", Minister Naidu said.

2026-01-21T16:31:23.000598+00:00 IST

Business

'India will be third-largest economy need to scale to $ 30 trn'

He said the United States is a strong model, where "enterprise is actively encouraged and the ease of doing business is high".

2026-01-21T16:29:45.586272+00:00 IST

Business

SBI Chief on key focus areas for Indian banks at WEF

On the domestic banking scenario, Setty said credit growth remains robust despite concerns around liquidity. Citing Reserve Bank of India (RBI) data for December, he said, "bank credit growth has been in the range of 12-13 per cent, which is in line with nominal GDP growth of around 9-10 per cent. From a nominal GDP point of view, this level of credit growth is normal. Bank credit is robust."

2026-01-21T15:13:50.904926+00:00 IST