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Home  Business

Business

Opinion: Ambedkar’s lessons for the falling Rupee

Opinion: Ambedkar’s lessons for the falling Rupee

  • Delhi-NCR, Bengaluru, Hyderabad lead magicpin’s food delivery volumes in 2025

    In 2025, magicpin led food delivery in Delhi-NCR, Bengaluru, and Hyderabad, adding over 6 lakh student and corporate users via its Inner Circle programme. The platform on-boarded 80,000+ merchants, scaled magicNOW quick delivery, and reported biryani as the top dish
  • Housing sales volume down 14 pc in 2025 in 7 cities: Anarock

    Housing sales in India’s seven major cities fell 14% in 2025 to 3.96 lakh units due to high prices and IT-sector layoffs, though total sales value rose 6% to Rs 6 lakh crore. Chennai saw growth; other cities declined
  • Titan to enter lab-grown diamond with brand name ‘beYon’

    Titan Co announced its entry into India’s lab-grown diamond market with the brand “beYon,” launching a Mumbai store on December 29. The move targets affordable, sustainable jewellery, with plans to expand to Delhi amid rapid market growth
  • Rupee falls 23 paise to 89.94 against US dollar in early trade

    The rupee weakened 23 paise to 89.94 against the US dollar in early trade amid foreign fund outflows, weak domestic equities and rising crude oil prices, with thin holiday volumes and trade deal uncertainty weighing on market sentiment
  • Stock markets trade lower in early deals

    Benchmark indices Sensex and Nifty slipped in early trade amid foreign fund outflows, low holiday volumes and weak cues. Investor sentiment remained fragile despite selective buying, as markets consolidated in the absence of major domestic or global triggers
  • Andhra govt issues NOC to Vedanta Ltd to drill 20 onshore oil, gas wells

    The Andhra Pradesh government issued a conditional No Objection Certificate to Vedanta’s Cairn Oil & Gas for drilling 20 onshore wells in Krishna district under the DSF Policy, permitting activity subject to strict irrigation safeguards and mandatory departmental clearances
  • Opinion: US national strategy shift opens new doors and new demands for India

    New Delhi’s ability to seize this geopolitical window will depend less on foreign goodwill and more on its own domestic capacity
  • Hyderabad tops high-value Instamart orders

    In 2025, Hyderabadis splurged on Instamart, buying iPhones worth Rs 4.3 lakh, soft drinks for Rs 1.92 lakh, and Rs 31,000 roses on Valentine’s Day. Electronics, appliances, and luxury items saw huge growth, reflecting India’s shift toward lifestyle-driven quick commerce
  • Adani seals Rs 80,000 cr in deals since 2023 short-seller crisis

    Since January 2023, Adani Group completed 33 acquisitions worth Rs 80,000 crore across ports, cement, and power, signaling recovery after Hindenburg allegations. Strategic expansion, debt reduction, and steady execution have restored investor confidence and enabled further growth across sectors
  • Navi Mumbai International Airport starts commercial flight operations

    Navi Mumbai International Airport began commercial operations, with the first flight from Bengaluru landing on Thursday. Initially operating 12 hours daily, it connects nine destinations, handled by multiple airlines, and aims to scale up to full capacity in phased development 
  • Historic Mancherial Cement Company faces auction

    Mancherial Cement Company, one of South India’s oldest cement manufacturers, is set for auction to repay Rs 54.04 crore in debts. Production halted, staff unpaid, and legal battles unresolved, marking the end of the 67-year-old industrial landmark
  • Axis Energy, Reliance top bidders in coal gasification mine auctions

    Axis Energy and Reliance Industries emerged as top bidders in India’s latest coal block auction, targeting UCG-capable blocks. The move supports cleaner coal gasification, syngas and hydrogen production, reduces import dependence, and boosts private sector confidence in energy transition
  • Al Hind Air, FlyExpress get govt nod for operations

    Al Hind Air and FlyExpress received civil aviation NOCs, joining Shankh Air, which may start in 2026. The move aims to expand India’s domestic aviation market beyond IndiGo and Air India’s duopoly, promoting regional connectivity and growth
  • Sensex, Nifty rally in early trade on global cues, DII buying

    Benchmark indices Sensex and Nifty rose in early trade on Wednesday, supported by positive global cues and sustained domestic institutional buying. RBI’s liquidity measures further boosted sentiment, though analysts expect markets to remain in a consolidation phase amid potential FII selling.
  • FTAs to open overseas opportunities for Indian professionals: Commerce Secretary

    Commerce Secretary Rajesh Agrawal said legally binding FTA commitments on professional services will expand overseas opportunities for Indian professionals, stressing skill upgrades, global best practices, MRAs and stakeholder coordination to leverage India’s demographic dividend and boost services exports
  • Rupee rises 12 paise to 89.51 as RBI liquidity boost lifts sentiment

    The rupee strengthened by 12 paise to 89.51 against the US dollar in early trade on Wednesday, aided by RBI liquidity measures, a softer dollar and stronger Asian currencies, while equities posted modest gains and oil prices edged higher.
  • Stock markets trade higher in early deals

    Indian equities opened higher as Sensex and Nifty tracked firm global cues and steady DII buying. RBI’s Rs 2 lakh crore liquidity infusion via OMO and swaps boosted sentiment, though FII selling capped gains amid consolidation in early trade Wednesday
  • Dhariwal Buildtech, ESDS Software Solution, BLS Polymers get Sebi nod to float IPOs

    Dhariwal Buildtech, ESDS Software Solution, and BLS Polymers have received SEBI approval for IPOs consisting entirely of fresh issues. The funds will be used for debt repayment, infrastructure expansion, cloud services, and working capital, with listings on BSE and NSE
  • Rupee falls 5 paise to 89.73 against US dollar in early trade

    The rupee slipped 5 paise to 89.73 against the US dollar in early trade amid FII outflows and weak equities. Losses were capped by a softer dollar and lower crude prices, while markets await key US economic data 
  • Stock markets decline in early trade after two days of rally

    Equity benchmarks Sensex and Nifty slipped in early trade after a two-day rally, dragged by IT stocks. Weak volumes amid a holiday-shortened week and FII selling weighed on sentiment, despite firm Asian markets and continued DII buying
  • Duty-free access, visas as India-New Zealand seal FTA

    India and New Zealand have concluded talks on a Free Trade Agreement providing duty-free access to key goods, a $20 billion investment commitment over 15 years, and a new visa pathway for Indian professionals, with trade expected to double in five years
  • Tata Group’s Taj debuts in Cairo with 300-room hotel

    Indian Hotels Company Ltd (IHCL) will debut the Taj brand in Egypt with a 300-key Taj Cairo at Opera Square, featuring dining, wellness, and event facilities. The project, in partnership with state-owned EGOTH, aligns with IHCL’s global expansion strategy
  • Deccan Gold Mines starts production trials at gold mining project in Kyrgyzstan

    Deccan Gold Mines Ltd has begun pre-commissioning trials at its Altyn Tor Gold Project in Kyrgyzstan, processing 20,000–30,000 tonnes of ore. The trials aim to validate gold recovery methods ahead of full-scale production, strengthening India’s global mining footprint
  • Ather Energy to hike electric scooter prices by up to Rs 3,000 from Jan 1

    Ather Energy announced it will raise prices of its electric scooters by up to Rs 3,000 from January 1, citing rising input costs and adverse forex impact. The hike affects the 450 series and Rizta models across India
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