Business

Govt announces weekly treasury bill auctions worth Rs 3.84 lakh c

The Government of India, in consultation with the Reserve Bank of India (RBI), released the auction calendar for Treasury Bills for the quarter ending March 2026, outlining the schedule and notified amounts for various short-term Government of India securities.

2025-12-30T05:09:20.714641+00:00 IST

Ola Electric receives government certification for its 4680 Bhara

Ola Electric on Tuesday announced that its flagship electric motorcycle, the Roadster X+ (9.1 kWh), powered by its own 4680 Bharat Cell battery pack, has been approved under the Central Motor Vehicle Rules (CMVR), 1989 by the International Centre for Automotive Technology (iCAT), Manesar, a government testing agency.

2025-12-30T04:58:39.747634+00:00 IST

Nifty, Sensex open flat; likely to stay dull, range-bound

Domestic benchmark equity indices opened on a subdued note on Tuesday, with market sentiment remaining cautious amid a lack of positive triggers. Experts expect markets to stay range-bound with a negative bias, driven by FPI outflows, monthly index expiry and mixed global cues.

2025-12-30T04:18:25.843714+00:00 IST

India’s petrochemical consumption growth to remain at 6–7% p.a

India's domestic petrochemical consumption growth is expected to remain robust at 6-7 per cent per annum in the medium term, supported by continued economic expansion and steady demand from downstream industries, according to a report by CareEdge Ratings.

2025-12-30T02:11:32.846254+00:00 IST

Domestic air traffic growth will be at 0–3% in FY26: ICRA

India's domestic air passenger traffic is expected to grow at a slower pace of 0-3 per cent in FY2026, sharply lower than the earlier projection of 4-6 per cent, due to multiple disruptions during the year, according to a report by ICRA.

2025-12-30T02:03:29.031842+00:00 IST

Reliance Industries refutes reports claiming USD 30 billion

The statement was issued in response to a report titled "India claims $30 billion from Reliance Industries, BP for underproduction from gas field, sources say." In an official statement, the company criticised the publication of such reports based on unnamed sources, calling them inappropriate and irresponsible.

2025-12-29T16:49:57.853617+00:00 IST

Karnataka Commerce Minister hails Foxconn factory in Bengaluru

He told that 20 million iPhones will be manufactured at the factory, and currently almost 7-8 million iPhones are exported. "The factory has employed around 30,000 people, out of which, 80% is women.

2025-12-29T15:15:51.723868+00:00 IST

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Business

Crude Oil to remain under pressure in 2026

According to government data, during 2024-25 (April-March) India imported around 300 million metric tonnes of crude and petroleum products, meeting about 88% of the requirements through imports.

2025-12-29T14:57:39.856581+00:00 IST

Business

Kandla records cumulative 78,06,220 MTs of annual cargo handling

"Kandla International Container Terminal (KICT) has surpassed last year's annual cargo handling of 77,58,498 MTs, recording a cumulative 78,06,220 MTs, achieved an impressive 3 months & 9 days early," the statement said.

2025-12-29T14:10:58.932362+00:00 IST

Business

New telecom measures to accelerate indigenous manufacturing

"These transformative reforms will strengthen telecom security, reduce compliance burdens, enable sustainable industry growth and reinforce PM @narendramodi ji's vision of Make in India, Make for the World," he said.

2025-12-29T13:21:03.219149+00:00 IST

Business

RBI releases Comprehensive Statistical Tables on Indian banking s

The Reserve Bank of India (RBI) on Monday released its latest web publication titled 'Statistical Tables relating to Banks in India: 2024-25', which provides a detailed look at the activities of the country's banking sector.

2025-12-29T12:22:40.443286+00:00 IST

Business

Indian commercial banking sector remained resilient during 2024-2

The Indian banking sector showed a strong and steady performance during the 2024-25 period, according to a recent report released by the Reserve Bank of India (RBI). The banking industry maintained its strength through a healthy expansion of its balance sheets, which measures the total value of what banks own and what they owe. This growth happened for commercial banks, co-operative banks, and other financial institutions despite a slight slowdown compared to the previous year.

2025-12-29T12:01:05.581574+00:00 IST

Business

PM Modi to inaugurate AI Impact Summit

"We expect about over 100 global AI leaders, including CXOs, CSOs, leading academics and other thinkers in the space, we are having a large number of high impact events, both in terms of pre events, which are going on even as we speak," he said.

2025-12-29T11:31:20.868455+00:00 IST

Business

DAC approves Rs 79,000 crore proposals to boost Armed Forces

The Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh, has accorded Acceptance of Necessity (AoN) for various proposals of the three Services amounting to a total of about Rs 79,000 crore.

2025-12-29T11:18:07.594975+00:00 IST

Business

India’s industrial output rises 6.7% in November

Growth in the Mining sector at 5.4 per cent has also rebounded due to closure of monsoon season and strong growth in metallic minerals such as Iron ore. The growth rate for Electricity was recorded at (-)1.5 percent.

2025-12-29T11:12:08.056699+00:00 IST

Business

Stock market ends lower, Sensex loses 345 pts

Only three sectors witnessed buying in trade including Nifty Media (up 0.93%), Nifty FMCG (up 0.11%) and Nifty PSU Bank (up 0.05%). Nifty IT (0.75%) and Nifty Bank (0.53%) were the key losers.

2025-12-29T10:50:21.793076+00:00 IST

Business

India's energy sector reaches “transformative milestone”

"We are offering 50 new E&P blocks across Open Acreage Licensing Policy (OALP-X): 25 blocks, Discovered Small Field (DSF-IV): 55 fields across 9 contract areas/blocks. Special CBM Bid Rounds 2025 and 2026: 3 blocks (2025) & 13 blocks (2026)," Petroleum Minister said in his post.

2025-12-29T10:28:54.156094+00:00 IST

Business

Dream of buying Rs 50 lakh homes fades

Housing finance experts and lenders speaking at the conference said developers are no longer willing to build homes priced below Rs 50 lakh, citing high land costs, thinner margins and reduced policy incentives under the revamped Pradhan Mantri Awas Yojana (PMAY) framework.

2025-12-29T09:50:53.652035+00:00 IST

Business

Hyundai Palisade global sales set to cross 200,000 mark as hybrid

Global sales for the Hyundai Palisade are expected to cross the 200,000-unit mark for the first time this year. This milestone comes as Hyundai Motor Group focuses on a strategy that offers multiple engine types, including hybrids, to navigate a period of slower demand for electric vehicles.

2025-12-29T09:09:45.039418+00:00 IST

Business

Proposed IBC amendments positive but miss real estate reforms

The proposed amendments to the Insolvency and Bankruptcy Code (IBC) are encouraging. They could help improve recovery rates and reduce resolution timelines. Still, credit rating agency ICRA noted that the changes do not address long-standing structural issues in the real estate sector, which continues to account for the second-highest share of cases under the corporate insolvency resolution process (CIRP).

2025-12-29T08:57:01.757179+00:00 IST

Business

Corporate lending by banks to revive in coming quarters

The report noted that banks' loan growth to corporates has remained muted since the pandemic, largely due to aggressive deleveraging by companies and a shift towards alternative funding sources such as bonds, commercial paper and overseas borrowings.

2025-12-29T08:36:51.788874+00:00 IST