Business
Reliance to double investment in Gujarat to Rs 7 lakh crork
Reliance Industries Chairman and Managing Director Mukesh Ambani on Sunday announced that the conglomerate will double its investment in Gujarat, to Rs 7 lakh crores, over the next five years.
Jio to launch people-first AI platform, for India and the world
New Delhi to shine on global stage, NDMC prepares AI summit
Gujarat: Rashtriya Khanij Chintan Shivir concludes with focus on
India auto ancillary sector poised to benefit from demand upcycle
Nirmala Sitharaman drives development through MP funds
India must accelerate AI, industrial automation to unlock mfg
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India EV market hits 2.3 million sales in 2025
The report released this week highlighted that EV adoption accelerated steadily through the year, supported by policy incentives and a sharp festive-led surge in the final quarter.
Karnataka seeks GST revenue protection, more from tobacco excise
Karnataka government has called on the Union Government, in the forthcoming Union Budget 2026-27, to ensure revenue protection for States post-GST rationalisation, share excise duty and cess on pan masala and tobacco products, release pending Central dues under flagship schemes such as the Jal Jeevan Mission, and strengthen funding for rural employment, agriculture, and social protection.
CII calls for value unlocking of PSUs through privatisation
To sustain capital expenditure and address developmental priorities amid global economic uncertainties, the industry chamber CII in its proposals for the Union Budget 2026-27, has urged the Government to mobilise resources through a calibrated approach to privatisation, focusing on sectors where private participation can enhance efficiency, technology infusion, and global competitiveness.
India forex reserves fall sharp $9.8 billion in first week 2026
India's foreign exchange reserves dropped sharply, by USD 9.809 billion in the week that ended January 2 to USD 686.801 billion, driven by a slump in both gold reserves and foreign currency assets, the Reserve Bank of India's latest 'Weekly Statistical Supplement' data showed.
Finance Minister chairs Pre-Budget Consultation meeting
Along with Union Minister for State for Finance Pankaj Chaudhary, the meeting was also attended by Governor of Manipur; Chief Ministers of Delhi, Goa, Haryana, Jammu and Kashmir, Meghalaya, and Sikkim; Deputy Chief Ministers of Arunachal Pradesh, Madhya Pradesh, Odisha, Rajasthan and Telangana; the Finance Ministers of States/UTs, besides Secretaries of Departments of Economic Affairs, Expenditure, and Revenue, and senior officials of the Ministry of Finance.
CCPA cracks down on restaurants for illegal service charges
According to the CCPA, investigations triggered by consumer complaints received through the National Consumer Helpline (NCH) revealed that several restaurants were automatically adding service charges, often around 10 per cent, to food bills without customer consent. Such practices directly contravene the CCPA's 2022 guidelines, which state that service charges must be voluntary and not added by default or subject to GST.
India AI Mission to make India global AI producer: Experts
Industry leaders and startup ecosystem enablers have hailed the Government of India's ambitious India AI Mission, calling it a transformative step toward making India a global hub for artificial intelligence by the end of this decade.
SKOCH report on India’s USD 30 trillion GDP ambition
The report said India cannot reach a USD 20-35 trillion GDP through investment expansion alone unless capital efficiency improves sharply and domestic savings rise on a sustained basis
NSE IPO likely to get SEBI clearance this month: Pandey
"I think we are at a very advanced stage of issuing the NOC for the NSE IPO, maybe within this month," Pandey said while speaking with ANI, without offering a definitive timeline.
Banking sector records strong turnaround in 2025
DFS continued its trajectory of momentous reforms in 2025, building on the robust and firm foundation established through initiatives like Your Money, Your Right Campaign, the Banking Laws (Amendment) Act, 2025, EASE 8.0 rechristened as EASE₹ise, 'Credit Line on UPI', 'Hello! UPI'- an AI-voice-enabled payment feature, NPA management, financial inclusion, customer service enhancement, digital transformation among others.
IIFCL confirms diluting up to 25% govt stake
IIFCL DMD's remarks came in the backdrop of reports that the government is considering selling stakes in IIFCL, its long-term infrastructure lending arm, and that the ministerial panel is expected to finalise the IPO structure, which may combine fresh equity issuance and a partial government stake sale to meet public shareholding norms.
Union Budget 2026 to focus on fiscal deficit: Chairman EAC–PM
Dev said India has made steady progress on fiscal consolidation since the pandemic with the fiscal deficit reducing from about 9% during the COVID period to around 4.8% this year
"Rs 1.7 lakh crore raised in current fiscal through 311 IPOs"
While speaking at the Association of National Exchanges Members of India (ANMI) 15th International Capital Market Convention 2026 in Chennai, Pandey also talked about the regulatory architecture saying, "We are building a smarter regulatory architecture, one that streamlines compliance and removes duplication while safeguarding investor protection and market integrity. Recently, we notified the SEBI stockbrokers regulations 2026. We have permitted diversification into activities overseen by other financial sector regulators, subject to prescribed safeguards."
'Guwahati conclave sets roadmap to make India global textile hub'
The two-day National Textiles Ministers' Conference held in Guwahati this week had seen serious deliberations on various aspects of the textile sector, and it would lead to a clear roadmap for fulfilling the vision of making India a global textile hub, Union Minister of State of Textiles and External Affairs Pabitra Margherita said.
Top Story
India EV market hits 2.3 million sales in 2025
Karnataka seeks GST revenue protection, more from tobacco excise
CII calls for value unlocking of PSUs through privatisation
India forex reserves fall sharp $9.8 billion in first week 2026
Finance Minister chairs Pre-Budget Consultation meeting
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