The Air India airlines on Monday said it has begun the roll out of new fares, complying with a direction from the government to all airlines to monitor their flight ticket prices. The government order was issued after it took note of airlines charging hefty prices for flights amid mass cancellations of several IndiGo flights over the past few days. In a...
Business
RBI slashes repo rate by 25 bps to 5.25% from 5.5%
The Reserve Bank of India’s Monetary Policy Committee (MPC) on December 5 decided to reduced the the repo rate by 25 basis point to 5.25% form 5.5% and maintain its “neutral” policy stance, signalling a wait-and-watch approach amid steady inflation and cautious growth The RBI announced a set of liquidity-support measures, including ₹1 lakh crore of OMO purchases and a...
Centre orders smartphone makers to pre-install Sanchar Saathi app
The Department of Telecommunications (DoT) has issued new directions effective from November 28, mandating all mobile handset manufacturers and importers to pre-install the state-owned cybersecurity app Sanchar Saathi on devices intended for use in India. The implementation must be completed within 90 days and a compliance report has to be filed within 120 days. This move, according to the ministry,...
GDP grew 8.2% in Q2, fastest in 6 quarters
The Indian economy grew 8.2% in the July-Sept quarter as a strong comeback by the manufacturing sector and robust services activity helped it clock the fastest pace of expansion in six quarters.Strong domestic demand, which drove factories to produce more ahead of the festival season, helped India remain the fastest growing major economy and shrug off the impact of US...
Canada, India agree to restart trade talks, push for $50 bn. bilateral target by 2030
Canada and India have agreed to restart stalled talks for a new trade deal, the Indian government said on Sunday, after discussions between the two countries paused following a diplomatic spat two years ago. Prime Minister Mark Carney met with India’s Prime Minister Narendra Modi for a bilateral discussion on the sidelines of the G20 summit in Johannesburg, South Africa. “The leaders agreed to...
Sensex rises 513 points, Nifty 50 ends above 26,050
Frontline indices the Sensex and the Nifty 50 resumed their upward march on Wednesday, November 19, with gains led by select IT and banking heavyweights amid mixed global cues. The Sensex closed at 85,186.47, rising 513 points, or 0.61%, while the Nifty 50 clocked a gain of 143 points, or 0.55%, to settle at 26,052.65. The mid and small-cap segments...
Govt. approves 17 projects with ₹7,172 cr investment under electronics component manufacturing scheme
The Ministry of Electronics and Information Technology (MeitY) on Monday (November 17, 2025) announced the approval of seventeen new projects under the Electronics Component Manufacturing Scheme (ECMS), where firms will receive incentive payouts pegged to their turnover. The projects have a cumulative proposed value of ₹7,172 crore. This is the second tranche of announcements, after seven projects were announced earlier this...
India signs 1-year deal to import LPG from US, Hardeep Singh Puri
Union petroleum minister Hardeep Singh Puri on November 17 said that India has signed a ‘historic’ deal with the US to import liquefied petroleum gas (LPG) amid growing pressure to diversify country’s energy sources. Puri said state-run oil companies have clinched a one-year deal to to import 2.2 million tonnes per annum (MTPA) LPG from the US, buying around 10...
Tata Motors Passenger Vehicles Q2 Net profit surges to ₹76,170 cr.
Tata Motors Passenger Vehicles (TMPV), the demerged passenger vehicle arm of Tata Motors, on Friday, November 14, reported net profit of ₹76,170 crore in the second quarter of current financial year, marking a multi fold jump from ₹3,446 crore in the same period last year. The sharp jump in profit came on the back of exceptional gain of ₹82,616 crore...
Groww raises $750M in IPO
Indian online brokerage platform Groww’s IPO on Wednesday proved to be the largest listing by an Indian fintech so far this year, as the company raised ₹66.3 billion (about $748 million) with its shares closing 29% higher from their issue price. The company’s shares opened at ₹112, about 12% above their issue price of ₹100, and closed at ₹128.85, lending...
Rupee falls 15 paise to 88.65 against U.S. dollar in early trade
The rupee depreciated 15 paise to 88.65 against the dollar in early trade on Wednesday, weighed down by elevated crude oil prices and foreign fund outflows. Forex traders said renewed optimism over the India-US trade deal supported the domestic unit at lower levels. At the interbank foreign exchange, the rupee opened at 88.61 against the US dollar before dropping to...
Stock markets bounce back in early trade amid rally in global peers
Benchmark indices Sensex and Nifty rebounded in early trade on Thursday (November 6, 2025), tracking a rally in global markets and buying in blue-chip stocks. The 30-share BSE Sensex climbed 376.89 points to 83,836.04 in early trade. The 50-share NSE Nifty went up by 81.5 points to 25,679.15. From the Sensex firms, Asian Paints jumped over 4.50%. Mahindra & Mahindra,...