Business

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

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 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

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

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

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.

Calling Rs 90 per dollar ‘“not a big concern’ may calm markets, but it masks deeper structural flaws in the economy

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 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

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

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.

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.

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.

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.

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

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.

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

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

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

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

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

Ravindranath Yarlagadda, founder of VIYONA Fintech, is emerging as a thought leader in India’s fintech space, combining technology-driven solutions with social impact. His initiatives focus on digital payments, agri finance, and inclusion for farmers, FPOs, and small businesses.

Democratic lawmakers in the US House have introduced a resolution to terminate President Donald Trump’s national emergency that imposed tariffs of up to 50 per cent on Indian imports, calling the move illegal and harmful to jobs, consumers and US-India ties.

Fashion must evolve from being a disposable commodity to a creative practice rooted in responsibility