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Home  Business

Business

Editorial: Hollowing out of the ‘middle’ — widening gulf between the rich and poor

Editorial: Hollowing out of the ‘middle’ — widening gulf between the rich and poor

  • Opinion: Cinema ticket price controls don’t work

    Karnataka’s cinema ticket ceiling ignores how competition from gaming, live entertainment, and a sprawling OTT landscape already checks pricing
  • Rupee falls to record low of 91.01 against US dollar

    The rupee has fallen from 90 a dollar to 91 in the last 10 trading sessions, and according to forex traders, the Indian currency might even cross the 92 per dollar-mark in December
  • Delhi HC seeks DGCA response on pilots’ contempt plea over duty time norms

    The Delhi High Court has sought a response from the DGCA on a contempt plea filed by the Indian Pilots Guild, alleging non-implementation of revised flight duty time norms and granting of relaxations that compromise pilot fatigue management and passenger safety
  • HDFC Bank gets RBI approval to raise stake in IndusInd Bank to 9.5 per cent

    HDFC Bank has received RBI approval to raise its stake in IndusInd Bank up to 9.5 per cent. The clearance is subject to compliance with banking, securities and foreign exchange regulations, and bars board representation
  • Unemployment rate falls to seven-month low of 4.7 per cent in November

    India’s unemployment rate fell to a seven-month low of 4.7 per cent in November 2025, driven by stronger rural employment and rising female participation, signalling improving labour market conditions despite urban joblessness remaining higher
  • India seeks WTO consultations with EU over ferro-alloy import curbs

    India has sought consultations with the European Union at the WTO over safeguard measures imposing import quotas on certain ferro-alloy elements. New Delhi said the curbs would impact Indian exports, even as India and the EU negotiate a free trade agreement
  • PM Modi invites Jordanian companies to invest in India, earn good returns

    In Amman, Prime Minister Narendra Modi invited Jordanian companies to invest in India, highlighting its 8%+ growth and emerging sectors like healthcare, dry-climate farming, and food infrastructure. He emphasized long-term India-Jordan economic cooperation and mutual benefits for businesses and citizens
  • Stock markets decline in early trade dragged by foreign fund outflows, weak global trends

    Indian equities opened lower as Sensex and Nifty fell amid persistent foreign fund outflows, weak global cues and risk-off sentiment. Asian and US markets declined, while select stocks gained. FIIs sold, DIIs supported, limiting deeper downside during early Tuesday trade
  • With $600 bn net worth, Musk moves closer to becoming world’s first trillionaire

    Elon Musk has become the first person to cross a $600 billion net worth, driven by rising valuations of SpaceX, Tesla and xAI. The billionaire is now widely seen as moving towards becoming the world’s first trillionaire.
  • Opinion: Why is Rupee falling — The real story behind Rs 90 per dollar

    Calling Rs 90 per dollar ‘“not a big concern’ may calm markets, but it masks deeper structural flaws in the economy
  • India proposes preferential trade pact with Mexico to counter high tariffs

    India has proposed a preferential trade agreement with Mexico to mitigate the impact of steep import tariffs on Indian goods. The move aims to secure limited concessions quickly, protecting key export sectors affected by Mexico’s revised tariff regime
  • India, US very close to finalising framework trade deal: Commerce Secretary

    India and the US are close to finalising a framework trade deal to address high tariffs, Commerce Secretary Rajesh Agrawal said. Parallel talks are also underway on a comprehensive bilateral trade agreement to deepen economic ties
  • ED questions Yes Bank co-founder Rana Kapoor in Anil Ambani group probe

    The Enforcement Directorate questioned Yes Bank co-founder Rana Kapoor in connection with a money laundering probe involving Reliance Anil Ambani Group companies, suspecting a quid pro quo linked to high-value bank exposure and investments that later turned non-performing
  • Simon Harmer, Shafali Verma named ICC Players of the Month

    South African spinner Simon Harmer and India batter Shafali Verma were named ICC Players of the Month for November after match-winning performances in the World Test Championship and Women’s World Cup respectively, underlining their impact in landmark series and tournament victories.
  • 89% of Indian firms need data overhaul to unlock AI value: Report

    Indian businesses must urgently modernise data strategies to unlock AI’s full potential, with poor-quality and siloed data undermining outcomes, a Salesforce report said. Nearly nine in 10 data leaders stressed the need for better governance, integration and context-rich data.
  • Sensex, Nifty slide in early trade amid global weakness, trade deal uncertainty

    Equity benchmark indices Sensex and Nifty declined in early trade on Monday amid weak global cues, persistent foreign fund outflows and uncertainty over the India-US trade deal. Asian markets traded lower, while the rupee slipped to a record low against the dollar.
  • Rupee hits record low of 90.58 against dollar amid trade deal uncertainty

    The rupee fell to a record low of 90.58 against the US dollar in early trade on Monday, pressured by uncertainty over the India-US trade deal, sustained foreign fund outflows, weak equities and continued dollar selling by the RBI.
  • Will localise EV components in next few years: Maruti Suzuki

    Maruti Suzuki plans to localise battery production and critical EV components, expand charging infrastructure, and launch multiple electric models, including e-VITARA, to boost consumer confidence. The company targets five EVs by FY30 and 1 lakh charging stations nationwide
  • Congress govt’s borrowing surges to alarming levels of Rs 2.88 lakh crore

    Telangana’s debt has escalated sharply under the Congress government, crossing Rs 7.48 lakh crore in just over two years. Of this, Rs 1.45 lakh crore was raised in the current fiscal alone, with both FRBM and off-budget loans contributing to the surge.
  • TVs may get costlier from January amid memory chip shortage, weak rupee

    Television prices may rise from January as a global memory chip shortage and a weakening rupee drive up import costs. Industry players warn that sustained pressure from AI-driven chip demand could further impact prices despite recent GST cuts
  • Mcap of 8 of top-10 most valued firms erodes by Rs 79,129 cr; Bajaj Finance, ICICI Bank hit hard

    Eight of India’s top-10 most valued firms lost a combined Rs 79,129.21 crore last week amid a bearish market, with Bajaj Finance and ICICI Bank hit hardest, while Reliance Industries and Larsen & Toubro gained
  • Nearly 4 GW of solar capacity in Rajasthan hit by transmission constraints

    About 4,300 MW of solar projects in Rajasthan face full daytime curtailment due to limited transmission capacity, threatening Rs 20,000 crore of investments. Industry urges short-term relief, dynamic line rating, and better evacuation mechanisms to prevent stranded renewable assets
  • Parl Panel for diversification of crude sources to cut geopolitical risks

    A parliamentary panel warned that India’s heavy dependence on crude oil imports exposes it to geopolitical risks and supply disruptions, urging diversification of sources, stronger strategic reserves, alternative routes, and institutionalised risk management to safeguard long term energy security
  • Rewind: India’s turbulent skies

    The iconic promise that ‘even a person in Hawai chappal can fly’, transformed Indian Aviation. IndiGo’s meltdown now lays bare the fragility of that dream
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