Business

'Base year revision of key indicators to support policy, growth'

Reserve Bank of India (RBI) Governor Sanjay Malhotra, has welcomed National Statistical Office (NSO) under Ministry of Statistics and Programme Implementation's (MoSPI) base year revision of key economic indicators -- Consumer Price Index (CPI), Gross Domestic Product (GDP), and Index of Industrial Production (IIP), noting it will reflect changing consumption patterns, economic structures, and support better-calibrated monetary policy and growth.

2026-01-16T12:14:43.163192+00:00 IST

PM Modi giving West Bengal gift over dozen new trains: Vaishnaw

Prime Minister Narendra Modi will flag off India's first Vande Bharat Sleeper Train between Howrah and Guwahati (Kamakhya) at Malda Town Railway Station on Saturday, Union Railways Minister Ashwini Vaishnaw said on Friday.

2026-01-16T12:04:37.876094+00:00 IST

80% of India’s startups are AI-led: India’s IT Minister

On National Startup Day, Minister for Railways, Information & Broadcasting, Electronics & Information Technology, Ashwini Vaishnaw took to X to talk about the expansion of India's deep-tech startup ecosystem driven by focused policy and funding support.

2026-01-16T11:50:01.247562+00:00 IST

BSNL, Viasat to modernize Indian Navy’s satellite communication s

Bharat Sanchar Nigam Limited (BSNL) and Viasat, Inc. announced a collaboration to support the next phase of the Indian Navy's satellite communications (SATCOM) upgrade program, which is scheduled to commence later this month. The project marks a transition for the Indian Navy toward a multi-band and multi-constellation SATCOM strategy. This modernization effort will utilize BSNL's Gateway Earth Station and Viasat's global satellite network to provide expanded coverage and higher reliability for mission-critical operations.

2026-01-16T11:47:33.073826+00:00 IST

45% of Indian startups feature women in leadership roles: PM Modi

On India's National Startup Day, Prime Minister Narendra Modi spoke about the contribution of women in the success of Startup India and how over 45% of Indian startups have at least one-woman director or founder.

2026-01-16T11:00:27.317940+00:00 IST

Indo-German strategic pact set to transform trade: PHDCCI

The PHD Chamber of Commerce and Industry (PHDCCI) has hailed the recent India-Germany Joint Statement as a transformative step toward deepening the strategic partnership between the two nations.

2026-01-16T10:54:56.491848+00:00 IST

Stock market witnesses selling pressure, Nifty slips below 25,700

At the time of market closing, Sensex was 188 points, or 0.23%, higher at 83,570.35. On the other hand, Nifty 50 settled at 25,694.35, up 29 points, or 0.11%. Rupee weakened sharply by 48 paise to 90.82 extending losses.

2026-01-16T10:51:25.395764+00:00 IST

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Business

Power sector saw advancements in energy generation in 2025

The official data showed that India's total installed power generation capacity reached 509.743 GW as of November 30, 2025, representing a 104.4 per cent increase since 2014

2026-01-16T10:35:42.753167+00:00 IST

Business

Time for Indian startups to focus even more on manufacturing: PM

Prime Minister Narendra Modi on Friday called upon Indian startups to focus even more on manufacturing going ahead, and create new, best-quality products for the world.

2026-01-16T10:15:55.206671+00:00 IST

Business

CSIR skill initiative trained over 1.90 lakh individuals

Designed to bridge the gap between scientific research and industry-ready skills, the initiative integrates skill development with science and technology by leveraging CSIR's extensive research infrastructure, nationwide laboratory network, and deep scientific expertise.

2026-01-16T09:39:22.009982+00:00 IST

Business

97% of Indian firms to sustain AI spending regardless of ROI, abo

Indian organizations are demonstrating a resilient commitment to artificial intelligence (AI), with 97 per cent of firms in the country stating they will continue to invest in the technology even if financial returns do not materialize within the next 12 months. This surpasses the global average of 94 per cent as companies worldwide prepare to double their AI spending in 2026.

2026-01-16T09:38:17.421659+00:00 IST

Business

JDI signed between India and Germany on telecom cooperation

In a move to enhance India-Germany relations, the two nations have signed a Joint Declaration of Intent (JDI) on telecommunications cooperation.

2026-01-16T09:25:00.694566+00:00 IST

Business

Startup India a ‘Rainbow Vision’ to connect various sectors: PM

Prime Minister Narendra Modi on Friday said the Startup India programme is not just a scheme but a 'Rainbow Vision' that aims to connect different sectors with new opportunities.

2026-01-16T09:20:57.534353+00:00 IST

Business

Air India deploys B787-9 aircrafts on Mumbai-Frankfurt route

Air India, India's leading global airline has announced deployment of brand-new B787-9 for Mumbai-Frankfurt flights from February with 100% new or upgraded products. This enhancement will be done on its Mumbai-Frankfurt route.

2026-01-16T08:59:35.274405+00:00 IST

Business

Risk-taking has become mainstream: PM Modi lauds startups

Prime Minister Narendra Modi on Friday highlighted the remarkable transformation of India's startup ecosystem over the past decade, calling it a revolution driven by confidence, innovation, and a changing societal mindset toward risk-taking.

2026-01-16T08:57:45.856178+00:00 IST

Business

Global Economic Cooperation 2026 to explore new pathways

The summit is convened by the Future Economic Cooperation Council (FECC), a non-profit platform, in partnership with the Ministry of External Affairs, Government of India, and the Government of Maharashtra.

2026-01-16T08:54:03.349970+00:00 IST

Business

HD Construction Equipment sets revenue target of USD 5.9 billion

HD Construction Equipment targets USD 5.9 billion in revenue in its first year. Hyundai HD Construction Equipment Co., the integrated construction machinery unit of South Korea's HD Hyundai Co., established its inaugural annual goals at 8.72 trillion won (USD 5.9 billion) in revenue and 439.6 billion won in operating profit.

2026-01-16T08:49:29.241336+00:00 IST

Business

GIFT City delegation to engage with global leaders at World Econo

A high-level delegation from Gujarat International Finance Tec-City (GIFT City), led by MD and Group CEO Sanjay Kaul, will engage with global business leaders, investors, and policymakers during the World Economic Forum Annual Meeting in Davos, Switzerland.

2026-01-16T08:38:08.965358+00:00 IST

Business

India is now the 2nd largest 5G user globally, says Scindia

India has the 2nd largest 5G subscriber base, only second to China, and is among the fastest adopters of the technology in the world, says India's Union Minister of Communications, Jyotiraditya Scindia.

2026-01-16T08:36:23.977575+00:00 IST

Business

Policy reforms and startup culture define ‘New India’: Founders

Highlighting the impact of the National Education Policy, Goyal said, "Students today have the freedom to experiment with entrepreneurship, open learning, interdisciplinary education or even choosing not to attend college immediately after school. There is trust in the government, and trust in oneself to explore the unknown and go the extra mile to succeed."

2026-01-16T08:29:53.267743+00:00 IST

Business

Jefferies’ Greed & Fear removes Bitcoin allocation over quantum

In its latest Greed & Fear report, Jefferies' global equity strategist Christopher Wood has announced that the strategy will remove its entire 10 per cent allocation to Bitcoin this week, citing long-term concerns linked to the rise of quantum computing.

2026-01-16T07:45:46.496473+00:00 IST