The Times of India - Business (18 minutes ago)
Airbus has issued an urgent global alert for its A320-family aircraft due to a software flaw potentially affected by intense solar radiation. This directive follows a JetBlue incident where a jet unexpectedly pitched downward. India will ground over 350 jets for a quick fix, with global operations facing potential short-term disruptions.
ReadThe Times of India - Business (4 hours ago)
India anticipates a trade deal with the US this year, aiming to resolve tariff issues for its exporters. Commerce Secretary Rajesh Agrawal highlighted that while a full bilateral agreement will take longer, this framework deal is a crucial first step. Meanwhile, India is actively pursuing trade pacts with around 50 countries and blocs globally.
ReadThe Times of India - Business (4 hours ago)
The RBI has urged microfinance institutions to move beyond basic access and focus on long-term income stability and formal credit pathways for borrowers. Deputy Governor Swaminathan J emphasized responsible conduct, highlighting five key priorities including household-level credit decisions and tech-enabled underwriting.
ReadThe Times of India - Business (4 hours ago)
The Reserve Bank of India has undertaken a massive overhaul, consolidating over seven decades of regulations into 244 master directions. This significant move eliminates 9,446 circulars, simplifying compliance for lenders and enhancing ease of doing business. The reform aims to clarify rules, including a new digital banking directive requiring...
ReadThe Times of India - Business (4 hours ago)
The National Spot Exchange NSEL fiasco is nearing its end. NCLT Mumbai approved a Rs 1,950-crore settlement between NSEL, its promoter 63 Moons, and traders. This marks the final settlement round. Traders with smaller dues received full payment earlier. Those with larger outstanding amounts will now receive approximately 42% of their dues, pending...
ReadThe Times of India - Business (4 hours ago)
India's economy is projected to grow at 7% or higher this financial year, surpassing the $4 trillion mark. This upward revision, exceeding previous estimates, is driven by strong performance in agriculture, manufacturing, and services, bolstered by healthy demand, low inflation, and tax cuts. Improved price dynamics and tax reforms are expected to...
ReadThe Times of India - Business (4 hours ago)
Gold loans are surprisingly leading retail credit growth, soaring 128.5% year-on-year. This surge, partly due to reclassification, now forms a significant portion of personal loans. While housing and vehicle loans also saw healthy increases, unsecured lending grew at a slower pace, indicating a shift towards secured borrowing in the retail credit...
ReadThe Times of India - Business (5 hours ago)
India's economy surged by 8.2% in the July-September quarter, driven by a strong manufacturing rebound and robust services activity. This marks the fastest expansion in six quarters, with domestic demand fueling production ahead of the festival season. Economists now anticipate full-year growth to exceed 7%, bolstered by pro-growth policies and...
ReadThe Times of India - Business (10 hours ago)
India's economy is set for robust growth exceeding 7% this fiscal, with the GDP projected to surpass $4 trillion in FY26. Strong second-quarter performance, driven by manufacturing and services, fuels this optimism. Stable inflation and ongoing reforms are enhancing competitiveness, paving the way for increased private investment and sustained...
ReadThe Times of India - Business (10 hours ago)
The Adani Group aims to reduce its consolidated debt to Rs 1 lakh crore by 2030, focusing on minimizing reliance on fresh capital for its expansion. The conglomerate plans to invest Rs 1.5 lakh crore annually in new assets over the next six years. The group also expressed interest in acquiring distressed Sahara Group assets, provided legal hurdles...
ReadThe Times of India - Business (10 hours ago)
India's economy surged by 8.2% in the July-September quarter, marking a six-quarter high and positioning it as the world's fastest-growing major economy. Finance Minister Nirmala Sitharaman attributed this robust growth to sustained fiscal consolidation, targeted public investment, and impactful reforms that have boosted productivity and ease of...
ReadThe Times of India - Business (12 hours ago)
The Reserve Bank has concluded a massive six-month overhaul, clearing out 5,673 outdated circulars and consolidating over 3,800 into 244 master directions. This significant regulatory streamlining, involving 9,446 circulars in total, aims to simplify compliance for businesses and reduce costs. The move, driven by a focus on ease of doing business,...
ReadThe Times of India - Business (12 hours ago)
Black Friday remains the unofficial start of the US holiday shopping season, drawing significant in-store traffic despite a dip in consumer confidence. Shoppers are more selective and deal-focused, yet continue to spend on seasonal moments, creating a "halo effect" for retailers. Online spending is also showing strong growth, indicating continued...
ReadThe Times of India - Business (13 hours ago)
India's GDP has grown at a robust 8.2% in the second quarter. Why has the real GDP growth been more than expected and what's the outlook for the coming quarters? Why are economists pointing to the narrowing gap between nominal and real GDP growth? We explore:
ReadThe Times of India - Business (14 hours ago)
Canada's economy rebounded with a stronger-than-expected 2.6% year-on-year growth in Q3 2025, driven by an improved trade balance and increased government spending. This recovery, exceeding analyst forecasts, was bolstered by declining imports and a surge in federal outlays, particularly on military hardware, as Prime Minister Mark Carney...
ReadThe Times of India - Business (14 hours ago)
Wall Street saw modest gains on Friday, concluding November's trading on a shortened schedule. The S&P 500, Dow, and Nasdaq all edged higher. Coinbase surged as Bitcoin surpassed $92,000. Major tech stocks like Alphabet and Micron advanced, while Oracle saw a dip. European markets also posted mild gains, with traders anticipating eurozone inflation...
ReadThe Times of India - Business (16 hours ago)
India's fiscal deficit reached 52.6% of the full-year target by October 2025, a notable increase from last year's 46.5%. Total expenditure touched Rs 26.25 lakh crore, with significant portions allocated to interest payments and subsidies. Government revenue collection is at 51.5% of estimates, indicating a widening gap that warrants attention.
ReadThe Hindu - Business (16 hours ago)
Multiple platforms offering 10-minute door delivery of anything under the sun and the middle class getting addicted to it has consequences often not talked about. Chetan B.C. explores how gig economy is adding to traffic and law and order issues.
ReadThe Times of India - Business (17 hours ago)
Banking Connect, a new net banking platform by NBBL, will allow the RBI to monitor fund transfers in shorter lag, aiding in tracking flows to sectors like crypto and gaming. This platform aims to significantly increase monthly bill payment volumes and enhance fraud prevention by addressing existing gaps in the payment ecosystem.
ReadThe Times of India - Business (17 hours ago)
India aims to finalize the initial phase of its Bilateral Trade Agreement with the US by year-end, with commerce secretary Rajesh Agarwal expressing optimism despite global trade shifts. Negotiations have advanced significantly, though last-minute hurdles remain a possibility. Discussions are also progressing on an immediate Framework Trade Deal to...
ReadThe Times of India - Business (19 hours ago)
Gold and silver prices surged in futures trade on Friday, buoyed by positive global sentiment and increased expectations of a US Federal Reserve rate cut next month. City-wise, gold prices showed mixed trends, with Delhi and Chennai experiencing gains while Noida, Mumbai, and Kolkata saw slight declines.
ReadThe Times of India - Business (19 hours ago)
India's economy surged past expectations, posting an impressive 8.2% real GDP growth in the second quarter of FY 2025-26, the highest in six quarters. This robust performance solidifies India's position as the world's fastest-growing major economy, driven by strong secondary and tertiary sector contributions. Private consumption also showed a...
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