Month: December 2025

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Posted in Economy

Govt notifies Rs 7,280-crore scheme to manufacture rare earth magnets in India

New Delhi, The Centre has notified the Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnet (REPM) with an outlay of Rs 7,280 crore….

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The first foldable iPhone is projected to debut in 2026 and has been described as the “star” of next year's line-up. (Reuters)
Posted in Business

Apple said to expand iPhone line-up to seven models by 2027 in major overhaul| Business News

Apple Inc. is planning to increase the number of iPhone models it offers as part of a major overhaul at the world’s largest smartphone maker….

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Posted in Economy

Rupee will depreciate further, no need to panic or worry: Axis Bank chief economist

Mumbai, Axis Bank chief economist Neelkanth Mishra on Tuesday said the rupee is likely to depreciate further, and there is no need to panic over…

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Posted in Economy

Lok Sabha clears Insurance Amendment Bill to allow 100% FDI in insurance sector

The Lok Sabha on Tuesday passed the Insurance Amendment Bill, paving the way for allowing up to 100 per cent foreign direct investment (FDI) in…

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Posted in Economy

Shipments to US outpace India’s overall export growth

New Delhi: Led by engineering goods, chemicals and farm products, India’s merchandise exports to the US rose 11.38% on-year in April–November FY26 at $59.04 billion,…

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Posted in Economy

Insurance Amendment Bill seeks to accelerate growth of sector, improve regulatory oversight: Nirmala Sitharaman

New Delhi: The Lok Sabha on Tuesday took up for consideration a bill that seeks to accelerate the growth and development of the insurance sector,…

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Posted in Economy

India likely to witness above-trend growth of 7.5% in FY27: Axis Bank Research

New Delhi: In Financial Year 2027, the monetary easing is set to drive the above-trend growth of 7.5% amid the expectations of continuous fiscal tightening,…

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Spacetech startup Digantara raises $50 million to boost space surveillance push
Posted in Startups

Spacetech startup Digantara raises $50 million to boost space surveillance push

Spacetech firm Digantara Industries said on Tuesday it had raised $50 million in a funding round to develop indigenous space surveillance capabilities and strengthen its…

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The RBI approval has been granted with reference to the application made by HDFC Bank (Representative image/REUTERS)
Posted in Business

HDFC Bank gets RBI nod for raising stake in IndusInd Bank up to 9.5 pc| Business News

HDFC Bank has got the Reserve Bank’s nod to hike its stakes in another private sector lender, IndusInd Bank, up to 9.5 per cent. The…

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Petroleum products, electronic goods pushing India's exports to China: Govt data
Posted in Economy

Petroleum products, electronic goods pushing India’s exports to China: Govt data

New Delhi: Petroleum products, and electronic goods are helping India increase its exports to China, with which it has a huge trade deficit of about…

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