The Times of India - Business (2 hours ago)
Businesses can now open current and overdraft accounts with more banks as the RBI has raised the loan threshold for restrictions to Rs 10 crore. This move offers greater flexibility, allowing companies to manage payments and collections across a wider banking network. The revised framework, effective April 1, 2026, aims to reduce dependence on...
ReadThe Times of India - Business (2 hours ago)
Indian mutual fund assets surged past Rs 80 lakh crore in November, fueled by robust equity and hybrid scheme inflows. Despite outflows from debt funds, particularly overnight and liquid categories, investor confidence remains strong. SIP contributions continue to grow, highlighting a commitment to long-term, disciplined investing, now accounting...
ReadThe Times of India - Business (2 hours ago)
Rural India's economic health is booming, with 80% of households reporting increased consumption and 67.3% of income now dedicated to spending. A significant 42.2% saw income growth, and optimism for the next year is at its highest since September. Capital investment has also surged, driven by strong consumer demand and income gains, not credit...
ReadABC News - Business (3 hours ago)
Greek Finance Minister Kyriakos Pierrakakis has been elected as president of the Eurogroup — a move that would have been unthinkable just 10 years ago, when the country was in the throes of a deep financial crisis that almost saw it tossed out of the e...
ReadThe Times of India - Business (3 hours ago)
Microsoft CEO Satya Nadella emphasized cyber resilience as crucial for sovereignty, warning that isolation from global threat intelligence creates vulnerabilities. He highlighted AI's role in evolving software development and announced significant AI partnerships in India, underscoring a new era of innovation driven by data and multi-model...
ReadThe Times of India - Business (3 hours ago)
Mexico's Senate approved a bill imposing 5-50% tariffs on over 1,400 Asian products, including India's, starting next year. This move, targeting China's massive output, could significantly impact India's automotive and auto parts exports, valued at $1.1 billion. The tariffs aim to boost Mexican revenue and potentially ease US trade pressure.
ReadThe Times of India - Business (5 hours ago)
Celebrating three decades in India, Samsung is deepening its manufacturing, design, and innovation initiatives, aiming to build and innovate products for the world from India. The company, which has filed 14,000 patents from India, is focusing its future vision on AI to drive smart homes and connected living, contributing to a digitally-empowered...
ReadThe Times of India - Business (6 hours ago)
India's economy is poised for a significant boom, potentially reaching $16 trillion by 2042, according to Motilal Oswal. This growth, driven by consumption and investment, is expected to elevate the corporate sector. The firm has identified 30 companies across various sectors, including autos, financials, and capital goods, positioned to...
ReadThe Times of India - Business (6 hours ago)
SpaceX is reportedly exploring an IPO next year, with potential valuations exceeding $1 trillion, sparking excitement for what could be the "craziest IPO in history." Despite Elon Musk's controversial leadership and the space sector's inherent risks, investors are drawn to SpaceX's established launch business and growing Starlink network,...
ReadThe Times of India - Business (6 hours ago)
US jobless claims surged last week, exceeding expectations, though still within historical lows. Despite this, the Federal Reserve cut interest rates, signaling concerns about weakening job market momentum. Hiring has also slowed, creating a challenging environment for job seekers, with some major companies announcing layoffs.
ReadThe Hindu - Business (7 hours ago)
Domestic savings are replacing foreign institutional money, boosting stability but exposing new investors to uneven participation and higher risks; booming markets mask access and performance problems, underscoring the need to fix asymmetry and strengthen investor protection
ReadThe Times of India - Business (8 hours ago)
The Indian rupee hit an all-time low of 90.32 against the US dollar, dropping 38 paise amid trade deal uncertainties and foreign fund outflows. Delays in the India-US trade agreement, coupled with importer demand for dollars, pressured the currency. Despite positive domestic markets, the rupee faced significant headwinds, with analysts anticipating...
ReadThe Times of India - Business (8 hours ago)
An NCAER report highlights that India must address bottlenecks to boost workforce participation and labour productivity. Skilling and small enterprises are identified as crucial for job creation, with a call to enhance productivity in these sectors to sustain economic growth and achieve inclusive development.
ReadThe Times of India - Business (8 hours ago)
US trade deficit shrinks unexpectedly to its lowest point since 2020, driven by altered import patterns following President Trump's tariff hikes. Exports saw a rise, while imports saw a slight increase. This data, delayed by a government shutdown, suggests tariffs are impacting trade flows, though analysts advise caution on the long-term...
ReadThe Times of India - Business (9 hours ago)
US stocks saw a mixed performance on Thursday, with the S&P 500 and Nasdaq declining while the Dow Jones Industrial Average edged higher. Oracle's significant drop, down 14.5%, weighed heavily on the market due to investor concerns about its AI spending and funding. Meanwhile, easing Treasury yields offered some support to other equities.
ReadThe Hindu - Business (9 hours ago)
Indian rice exporters remain unfazed after the United States threatened to impose higher tariffs on Indian rice. Exporters say the move is unlikely to affect their business, as shipments to the US make up only a tiny fraction of India's overall rice exports. However, rice growers in Haryana feel that higher tariff by US would make them competitive...
ReadThe Times of India - Business (10 hours ago)
Myanmar and its neighbors are now major hubs for digital arrest cyber-fraud networks, coercing trafficked Indians into running call-center scams. CBI investigations reveal extensive cross-border connections and foreign-controlled bank accounts used to collect victim funds, aligning with broader cyber-slavery network probes.
ReadThe Times of India - Business (10 hours ago)
New labour codes are set to redefine wage calculations, impacting salary structures, PF contributions, and gratuity payouts. The broader definition of 'wages' means more components will be included, potentially increasing employee benefits and employer liabilities. Fixed-term employees now qualify for gratuity after one year of service.
ReadThe Times of India - Business (10 hours ago)
Income tax refunds are delayed due to filing errors, high-value claim checks, and incomplete taxpayer verification. Common issues include unverified returns, defective filings, and incorrect bank details. Taxpayers must respond to notices promptly and avoid inflated claims to ensure timely refunds. Check your refund status on the income tax...
ReadThe Times of India - Business (10 hours ago)
US President Donald Trump has launched a new Gold Card program, requiring a $1 million donation for individuals or $2 million for corporations to gain legal status and a path to citizenship. This initiative aims to attract exceptional talent and generate government revenue, presenting an alternative to the EB-5 visa system.
ReadThe Times of India - Business (12 hours ago)
Rural India is now leading the nation's fixed deposit expansion. This marks a significant shift from past trends where metropolitan areas drove deposit growth. Rural FD balances have seen a substantial increase, outpacing growth in metro centres. This trend is attributed to rising rural incomes and a preference for safety in these areas.
ReadThe Times of India - Business (13 hours ago)
Stock market today: The BSE Sensex rose by 426.86 points (0.51 per cent) to 84,818.13, fluctuating between 84,906.93 and 84,150.19. The NSE Nifty increased by 140.55 points (0.55 per cent) to 25,898.55, reaching near its daily peak of 25,922.80 as most sectors showed improvement.
ReadThe Times of India - Business (13 hours ago)
Prada is collaborating with Indian artisans for a limited-edition sandal collection, following criticism for designs resembling traditional Kolhapuri chappals. The luxury brand will produce 2,000 pairs in Maharashtra and Karnataka, blending Indian craftsmanship with Italian techniques. This initiative aims to elevate global recognition for the...
ReadThe Times of India - Business (13 hours ago)
The Reserve Bank of India is pushing for uniform service charge disclosures and fee consolidation among banks. Discussions are underway to standardize fee structures, particularly for loan processing, and to identify services consistently available across all branches. This move aims to enhance customer transparency and streamline banking charges...
ReadThe Times of India - Business (14 hours ago)
Mexico has approved significant tariff hikes, up to 50%, on imports from India, China, and other Asian nations starting in 2026 to protect its domestic industry. The move, affecting around 1,400 product lines including auto parts and vehicles, aims to boost local manufacturing and jobs, though it faces opposition from affected countries and...
ReadThe Times of India - Business (14 hours ago)
Indian companies with insufficient foreign-exchange hedging face potential rating downgrades if the rupee weakens significantly, Fitch Ratings warned. Sectors like renewables, power, and toll roads, heavily reliant on foreign debt and lacking natural hedges, are most at risk. A sharp rupee fall could escalate hedging costs and strain finances,...
ReadThe Times of India - Business (15 hours ago)
Gold prices hit new highs following the Federal Reserve's third consecutive interest rate cut, despite uncertainty about future easing. Indian buyers are now opting for cheaper jewelry as domestic gold prices have surged significantly. Silver also experienced a substantial increase, driven by industrial demand and shrinking inventories.
ReadThe Times of India - Business (15 hours ago)
India's chief economic adviser anticipates a trade deal with the US by March, calling it "elusive" but nearing completion. While most issues are resolved, geopolitical factors are also at play. Despite trade uncertainties, India's domestic economy is performing well, with a weaker rupee benefiting exports. US officials acknowledge India's "best...
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