Business

"Pro-business, but will never back exploitation," Raghav Chadha

The AAP MP criticised the platforms for labelling striking workers as miscreants, saying that he was happy his Parliamentary intervention had sparked a debate.

2026-01-03T08:57:37.222304+00:00 IST

Rice Exporters’ Federation's asks from FM ahead of Budget 2026

"The rice sector faces ecological stress (notably groundwater depletion in major paddy belts), high fiscal costs of procurement and storage, and market/compliance volatility. Union Budget 2026 can strengthen competitiveness while improving sustainability and farmer outcomes through targeted fiscal and enabling measures," the federation said in its letter.

2026-01-03T08:41:09.112402+00:00 IST

"Zomato’s Deepinder Goyal trying to save himself": Union

He said the CEOs of the food delivery apps, and the gig workers can come and sit together to discuss what is right and what went wrong to close the matter. "Even after the repeated threats from the CEOs, the gig workers continued the peaceful strikes resulting in delays in 60% of orders," he added.

2026-01-03T08:35:34.808819+00:00 IST

After 5% fall in 2025, Rupee likely to ease in 2026

Capital flows could also turn more favourable. Potential inclusion of Indian government bonds in global bond indices, stabilisation in corporate earnings, and the likelihood of renewed FPI equity inflows may ease pressure on the rupee.

2026-01-03T07:27:34.465602+00:00 IST

Chandrababu Naidu credits policy reforms for Andhra Pradesh’s lea

Chief Minister of Andhra Pradesh, N Chandrababu Naidu, said that the state's emergence as India's primary investment magnet is a result of forward-looking policy reforms and "Speed of Doing Business" initiatives. In a post on X, Naidu said that the recent data is "welcome news for the people of Andhra Pradesh and a strong start to the year."

2026-01-03T07:17:54.092979+00:00 IST

Jio dominates November subscriber count with 1.2 million addition

The TRAI data showed that Jio added 1.2 million subscribers, extending its lead over Bharti Airtel for the ninth consecutive month.

2026-01-03T06:41:51.528545+00:00 IST

Mumbai housing registrations reach all-time high in 2025

Mumbai's real estate market achieved a significant milestone in 2025 as housing registrations reached an all-time high, despite growing concerns regarding affordability and a transition into a mid-cycle stage for the sector.

2026-01-03T05:58:36.055709+00:00 IST

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Business

BYD overtakes Tesla as world's largest EV seller in 2025

Chinese automaker BYD surpassed Tesla in full-year electric vehicle sales for the first time in 2025, securing its position as the world's largest electric vehicle seller, according to a Global Times report. The shift in market leadership follows a year where the American manufacturer recorded its first-ever decline in annual deliveries while its Chinese competitor reported significant growth in its electric segment.

2026-01-03T04:46:39.209510+00:00 IST

Business

“It suited them and their political agenda better”: Sanjeev Bikhc

Sanjeev Bikhchandani, founder of Naukri.com and Non-Executive Director of Eternal, once again expressed his support for Zomato Founder Deepinder Goyal on X regarding the welfare of gig workers following a recent strike call. Bikhchandani stated that discussions concerning delivery partner compensation and welfare remain a priority for the company's management and board, while taking a jab at the people who called for the strike.

2026-01-03T03:57:26.886550+00:00 IST

Business

Indian auto sector ends 2025 on strong note with decisive YoY gro

The Indian automotive sector concluded the final month of 2025 with robust performance across major segments, driven by improved macroeconomic conditions and positive rural sentiment. According to a report by Asit C. Mehta Investment Interrmediates Limited (ACMIIL), the industry benefited from significant tailwinds including GST rate rationalization, lower interest rates for financing, and better affordability that sustained demand even after the conclusion of the festive season.

2026-01-03T03:34:08.797318+00:00 IST

Business

Recovery in power demand to drive sector upside: Jefferies

India's power sector faces a critical juncture as demand is set to recover in 2026 to reverse a period of underperformance driven by weak consumption trends. According to a recent report by Jefferies, the sector saw subdued activity throughout 2025, with power demand remaining flat year-on-year between April and November 2025 due to extended monsoons and sluggish industrial output.

2026-01-03T03:08:40.382573+00:00 IST

Business

Zomato delivery partner earnings rose 10.9% 25'; Deepinder Goyal

Average hourly earnings for delivery partners at Zomato increased by approximately 10.9 per cent year-on-year in 2025, reaching Rs 102 compared to Rs 92 in 2024, according to data shared by Deepinder Goyal, Founder of Eternal. The figures, which exclude tips, reflect a steady growth in earnings over a longer horizon for the gig workforce.

2026-01-03T03:00:26.059290+00:00 IST

Business

Ministry of Information & Broadcasting establishes Live Events

The Ministry of Information & Broadcasting has established the Live Events Development Cell (LEDC) to boost the national concert economy and facilitate the structured expansion of India's live entertainment sector. This initiative, according to a Ministry of Information & Broadcasting press release, serves as a single-window facilitation mechanism to streamline the industry and position India among the leading global entertainment destinations by 2030.

2026-01-02T17:50:34.740465+00:00 IST

Business

Indian banking sector resilient: Bank of Baroda report

India's banking sector has remained resilient, underpinned by calibrated risk management and improving asset quality, with overall credit offtake expected to strengthen in the near term as interest rates soften, GST rationalisation progresses, and festive demand continues, according to a report by Bank of Baroda.

2026-01-02T16:16:07.366876+00:00 IST

Business

MeitY writes to X over "misuse of Grok AI" for obscene content

The Ministry of Electronics and Information Technology (MeitY) has written a to X (formerly Twitter) over "failure to observe statutory due diligence obligations" under the Information Technology Act, 2000 and other relevant laws and sought an Action Taken Report towards immediate compliance for prevention of hosting, generation and uploading of obscene, nude, indecent and sexually explicit content "through the misuse of AI-based services like 'Grok' and xAI's other services".

2026-01-02T15:01:23.099918+00:00 IST

Business

Over 3300 projects worth Rs 85 lakh crore handled by Pragati

While addressing the media, Somanathan on the Land Acquisition law said, "Land acquisition is the biggest problem in the Pragati review." However he denied any proposed changes in the existing law saying, "Fundamentaly I don't think any need for change there."

2026-01-02T14:01:06.794960+00:00 IST

Business

India budget expectations positive as strong IIP, reforms and job

India's budget expectations are positive as strong GDP performance, robust industrial output reflected in recent IIP data, sustained reforms, improved ease of doing business and a clear government focus on job creation lift confidence in the economy and industry outlook, DCM Shriram Ltd Chairman Ajay S. Shriram said, told ANI.

2026-01-02T13:57:58.463806+00:00 IST

Business

Indian exports shift strategy toward diversification to offset US

According to a report from the Bank of Baroda, this transition follows a period of rapid frontloading of shipments earlier in 2025 as businesses sought to secure cost advantages before new trade barriers took effect.

2026-01-02T13:35:57.670243+00:00 IST

Business

Road construction execution declines 12% YoY

M Rajashekar Reddy, Assistant Vice President & Sector Head, ICRA Ltd, said, "The outlook on the toll road sector remains stable, paving the way for sustained growth. On the back of benign WPI inflation, the inflation-linked toll rate hike is projected at around 3.2% for newer projects and 1.6%-2.0% for older projects in FY2027."

2026-01-02T13:29:59.444273+00:00 IST

Business

Machine speed, not output, to decide HSNS Cess: Govt

Manufacturers adding new machines mid-month will be required to pay the full monthly cess for those machines, while new units starting operations during a month will be charged on a pro-rata basis.

2026-01-02T13:27:09.372013+00:00 IST

Business

Interest subvention scheme for MSME exporters

The scheme is jointly implemented by DGFT and the Reserve Bank of India (RBI) and applies to both pre-shipment and post-shipment export credit in rupees. The interest subvention is benchmarked against repo rates of India and comparable economies.

2026-01-02T13:26:04.664077+00:00 IST