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Home  Business

Business

Rupee breaches 90-per-dollar for first time, hits new all-time low

Rupee breaches 90-per-dollar for first time, hits new all-time low

  • Govt to divest 6 per cent stake in Bank of Maharashtra

    At the floor price, the government would mop up about Rs 2,492 crore by divesting its 6 per cent stake in the state-owned lender
  • Opinion: How money’s shadow rules us

    Our financial decisions aren’t in data but in hidden emotional patterns — how we interact with money reflects deep beliefs about safety, control, and self-worth
  • India’s new SIM-binding rule for WhatsApp and other apps. Here’s what you should know

    India has mandated active SIM linkage for messaging apps such as WhatsApp, Telegram and Signal, citing rising digital fraud. While telecom operators have welcomed the move for enhancing traceability, major tech firms have urged the government to pause implementation and review legal concerns
  • Govt to launch cooperative-led ‘Bharat Taxi’ ride-hailing app

    The government will launch ‘Bharat Taxi’, a cooperative-led ride-hailing app aimed at reducing drivers’ dependence on private aggregators. Operated by Sahakar Taxi Cooperative Ltd, the platform promises zero commission, transparent fares, multilingual support, security features, and full earnings for drivers
  • Over 6,300 recognised startups marked as closed, government tells Parliament

    A total of 6,385 recognised startups have been categorised as closed as of October 31, according to MCA data. Maharashtra accounts for the highest number. The government said no rise in startup closures has been observed, citing market and business factors
  • India’s Russian crude imports slide after US sanctions; deeper declines expected in December

    India’s Russian oil imports dropped by nearly a third after new US sanctions took effect on November 21, prompting refiners to cut purchases from designated companies. Analysts expect December arrivals to fall further as India turns to alternative suppliers and opaque trade routes
  • Apple may not implement Sanchar Saathi order in the current form

    Samsung reviewing order, may take up concerns with government
  • India reaffirms commitment to strengthening Comprehensive Strategic Partnership with UAE

    India reaffirmed its commitment to strengthening its Comprehensive Strategic Partnership with the UAE as EAM S Jaishankar extended National Day greetings. Recent meetings underscored progress in consular, visa, legal and defence cooperation, reflecting the deepening bilateral relationship.
  • FDI inflow rises 16 per cent in first half of FY26, hits highest-ever level

    India recorded a 16 per cent rise in FDI inflows to USD 50.36 billion in the first half of FY26, the highest ever for the period. Minister Jitin Prasada said FTAs, including the EFTA pact securing USD 100 billion investment, are strengthening investor confidence.
  • Samsung unveils Galaxy Z TriFold, its first triple-fold phone

    Samsung on Tuesday introduced the Galaxy Z TriFold, its first triple-folding smartphone featuring a 10-inch display, strengthened Armor FlexHinge, and the Snapdragon 8 Elite for Galaxy chipset. The slim 3.9 mm device packs a 200 MP camera and Samsung’s largest foldable battery.
  • A320 operated eight times with expired certificate: Air India

    Air India said it “regrettable” flew an Airbus A320 at least eight times last month despite an expired airworthiness certificate. The airline has suspended involved personnel and launched an internal probe, as the DGCA investigates the lapse. The aircraft remains grounded.
  • Apple appoints Amar Subramanya as vice president of AI

    Apple has appointed AI researcher Amar Subramanya as vice president of AI, reporting to Craig Federighi. John Giannandrea will step down and retire in 2026. Subramanya, formerly at Microsoft and Google, will lead Apple’s Foundation Models, ML research, and AI safety efforts.
  • Starbucks to pay USD 35 million to NYC workers as strike draws political support

    Starbucks will pay USD 35 million to over 15,000 New York City workers for violating scheduling laws, as political leaders Zohran Mamdani and Bernie Sanders joined striking baristas. The settlement mandates compliance with Fair Workweek rules and offers reinstatement for laid-off staff.
  • Opinion: Hidden flaws in India’s Labour Codes

    A closer look reveals that the reforms prioritise employer flexibility over worker security, raising concerns about long-term labour welfare
  • iBomma, piracy and the myth of modern-day Robin Hood

    Let’s not pretend the film industry is purely a victim. When actors charge astronomical fees and producers gamble with 200–300 crore budgets, who ultimately pays? The audience
  • Sabarimala temple collections hit Rs 92 crore in first 15 days of pilgrimage season

    Sabarimala temple’s collections reached Rs 92 crore in the first 15 days of the Mandala-Makaravilakku season, up 33per cent from last year. Aravana and appam sales contributed significantly, with around 13 lakh devotees visiting the hill shrine till November 30
  • GST collections inch up to Rs 1.70 lakh crore in November despite rate cuts

    India’s GST collections rose marginally to Rs 1.70 lakh crore in November, supported by policy reforms and higher import IGST. Net GST revenue grew 1.3per cent, while April–November collections rose 7.3per cent, reflecting steady consumption and economic momentum
  • Opinion: Incubating GenZ managers

    The symbiotic relationship between millennials and Gen Z inspires balance & a spirit of innovation and adventure in workplaces
  • Rewind: The great mineral rush — can India break free from its critical mineral dependence?

    As nations scramble for lithium, cobalt, and rare earths, India must build its own 'Mineral Manhattan Project' to secure its clean-energy future
  • India’s GDP projected at USD 7.3 trillion as it aims to be third-largest economy by 2030

    India, already the world’s fourth-largest economy, is projected to become the third-largest by 2030 with a $7.3 trillion GDP. Strong sectoral growth, softening inflation, and policy reforms are driving sustained economic momentum and global investor confidence
  • India in talks with 50 nations for fair and balanced trade deals: Piyush Goyal

    India is in talks with 14 countries or blocs representing 50 nations on fair and balanced trade agreements, Commerce Minister Piyush Goyal said. He highlighted India’s focus on resilient supply chains, self-reliance, innovation, and expanding partnerships through major FTAs
  • Apple announces fifth India store, set to open in Noida next week

    Apple will open its first retail store in Noida on December 11 at DLF Mall of India, marking its fifth outlet in India. The store will feature Apple’s latest devices, expert support, free workshops, and exclusive content ahead of launch.
  • I-T dept to alert 25,000 taxpayers over undisclosed foreign assets

    The Income Tax Department will send SMSs/emails to 25,000 high-risk taxpayers over undisclosed foreign assets. The CBDT urges filing revised ITRs by December 31, 2025, to avoid penalties under the Black Money Act, expanding the nudge campaign nationwide
  • Sensex, Nifty extend rally; Nifty hits fresh record high on global cues and Fed cut hopes

    Benchmark indices extended their rally on Thursday, with the Nifty hitting a new record high on strong global cues, rising expectations of a US Fed rate cut and continued foreign inflows. Asian markets and Wall Street gains further supported sentiment.
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