Business

India's manufacturing PMI slips to two-year low in December

The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) - a single-figure indicator of sector performance - fell from 56.6 in November to 55.0 in December, signalling the weakest improvement in the health of the sector in two years. The current figure was nevertheless above its long-run average.

2026-01-02T05:37:41.977079+00:00 IST

Adani Group assets a ‘sacred trust’, fulfilling national promise

Adani Group's portfolio is not merely a collection of assets but a "sacred trust", as the conglomerate looks ahead to the next 10 years with a long-term commitment to India and its people said Senior Adani Group executive Jugeshinder (Robbie) Singh on Friday.

2026-01-02T05:25:01.900802+00:00 IST

Subdued start to 2026 continues as Nifty, Sensex open flat

The subdued trading session continued in the Indian stock markets on Friday opening, with benchmark indices open with marginal gains, reflecting a cautious stance among investors amid limited global cues as several Western markets remained closed for the New Year holiday.

2026-01-02T04:25:20.416140+00:00 IST

Experts say GST collections show resilience after rate cuts

The Goods and Services Tax (GST) data of December 2025 reflects resilience in India's tax collections despite steep rate cuts earlier in the year, with imports, steady domestic demand and higher refunds shaping the overall revenue picture, stated experts reacting positively to the GST numbers.

2026-01-02T03:36:54.570772+00:00 IST

Fiscal deficit widens to Rs 9.77 lakh crore in April–Nov FY26

India's fiscal position during the April-November period of FY26 indicates that concerns over lagging tax revenues and adherence to the full-year budget targets have resurfaced, even as the government continues to prioritise capital expenditure-led growth, as per a report by Union Bank of India.

2026-01-02T03:07:53.108260+00:00 IST

Clear policy framework, assured offtake demand to accelerate de

India's bio-CNG industry is calling for assured long-term offtake arrangements, consistent policy support and faster approvals to scale decentralised plants nationwide, as these measures are critical to making projects bankable and accelerating the clean-energy transition.

2026-01-01T13:05:26.191413+00:00 IST

Tata Motors posts strong December sales, registers 25% growth

Tata Motors reported robust performance in the third quarter of 2025-26 and December. Total commercial vehicle (CV) sales rose 21 per cent year-on-year to 115,577 units in the October-December quarter, compared with 95,770 units in the same period last fiscal.

2026-01-01T12:08:14.311000+00:00 IST

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Business

Zomato, Blinkit unaffected by strike calls on New Year's eve

Zomato and Blinkit delivered at a "record pace" on New Year's eve, unaffected by calls for strikes by delivery partners over the past few days, Founder Deepinder Goyal has asserted.

2026-01-01T11:03:44.333510+00:00 IST

Business

GST collections rise 6.1% to Rs 1.75 lakh crore in December

The Goods and Services Tax (GST) collections in December, in gross terms, rose 6.1 per cent to about 1.74 lakh crore compared to about 1.64 lakh crore in the same month last year, according to official data released Thursday.

2026-01-01T09:56:08.235693+00:00 IST

Business

Indian auto industry closes 2025 on firm footing

India's automobile industry wrapped up calendar year 2025 on a strong footing, with most major manufacturers reporting robust year-on-year growth in December, driven by healthy consumer demand, improved rural sentiment, infrastructure spending, and on the back of a favourable macroeconomics.

2026-01-01T09:17:46.826254+00:00 IST

Business

Embedded finance can drive next phase of financial innovation

Embedded finance has the potential to emerge as a cornerstone of India's next phase of financial sector innovation and inclusion, helping democratise access to formal financial services, reduce transaction costs, and deliver personalised solutions at scale, according to a report by global think tank Observer Research Foundation (ORF).

2026-01-01T08:57:59.620444+00:00 IST

Business

ISMA says GST rationalisation on flex-fuel vehicles, crucial

The GST rationalisation on flex-fuel vehicles and higher ethanol blends should be addressed to in the upcoming Union Budget to support clean mobility and stabilise the ethanol ecosystem, said Deepak Ballani, Director General, Indian Sugar and Bio-energy Manufacturers Association (ISMA) told ANI on Thursday.

2026-01-01T08:54:15.714478+00:00 IST

Business

First Vande Bharat sleeper train to run between Guwahati-Kolkata

The government has completed the trial, testing, and certification of the Vande Bharat sleeper train and the first route chosen is between Guwahati and Kolkata, Railways Minister Ashwini Vaishnaw announced on Thursday.

2026-01-01T08:16:34.962541+00:00 IST

Business

India-EU FTA must address impact of carbon tax, suggests Jairam

Congress leader Jairam Ramesh on Thursday suggested that the impending India-EU FTA, which is expected to be signed soon, must account for what he termed as "unacceptable non-tariff barrier", referring to the European Union's CBAM (Carbon Border Adjustment Mechanism) that is implemented fully from 2026.

2026-01-01T08:05:23.162809+00:00 IST

Business

Commercial LPG cylinder prices hiked by Rs 111 from January 1

The price of commercial LPG cylinders has been increased with effect from Thursday, January 1, bringing some cost pressure for hotels, restaurants and other commercial users at the start of the new year.

2026-01-01T07:42:51.394708+00:00 IST

Business

BSNL launches WiFi calling services across India

On New Year, state-owned telecommunications provider Bharat Sanchar Nigam Limited (BSNL) announced the nationwide rollout of Voice over WiFi (VoWiFi), also known as Wi-Fi Calling.

2026-01-01T07:39:18.734734+00:00 IST

Business

Scheduled commercial banks allowed to set up pension funds for ma

A key highlight of the reform package is the proposal to allow Scheduled Commercial Banks (SCBs) to independently set up Pension Funds for managing NPS.

2026-01-01T07:38:22.094635+00:00 IST

Business

Cigarette, gutkha prices set to rise as Centre hikes duties

Cigarettes and other tobacco products are set to become significantly more expensive from February 1, 2026, after the Centre announced a steep hike in excise duties, citing rising public health costs, and long-standing revenue leakages in the sector.

2026-01-01T07:22:27.156133+00:00 IST

Business

Centre imposes additional excise duty on tobacco products, Feb 1

The Ministry of Finance has notified a major revision in excise duty on cigarettes and tobacco products, effective February 1, 2026.

2026-01-01T07:19:19.026935+00:00 IST

Business

Strong domestic fundamentals to anchor India markets in 2026

India's equity markets are expected to navigate 2026 with resilience amid global uncertainty, supported by strong domestic fundamentals, policy support and sector-specific tailwinds, according to a recent market outlook report by BP wealth and STOXBOX.

2026-01-01T07:01:20.475634+00:00 IST

Business

India’s hospital sector to sustain 11–12% growth

India's hospital sector is set for sustained growth with an expected compound annual growth rate (CAGR) of 11-12 per cent, supported by strong structural demand drivers such as rising insurance penetration, growing medical tourism, and increasing healthcare needs, according to a report by CareEdge Ratings.

2026-01-01T06:55:01.091599+00:00 IST