Month: December 2025

ET logo
Posted in Economy

Parliament approves Central Excise (Amendment) Bill, 2025 to levy excise duty on tobacco

Parliament on Thursday approved a bill to levy a higher excise duty on tobacco and related products once the GST compensation cess ends, with the…

Continue Reading
ET logo
Posted in Economy

Strength, resilience and opportunities: Key mantras as India Russia look at strengthening strategic partnership

India and Russia’s strong relationship has withstood several global uncertainties and challenges. The two nations have a comprehensive strategic partnership including in nuclear, space, and…

Continue Reading
ET logo
Posted in Economy

Falling rupee makes imports costlier, fuels inflation: Experts

A depreciating rupee will help exporters and the IT sector, but make imports costlier, thus fuelling inflation, according to experts. As the rupee plunged below…

Continue Reading
Reliance Industries, led by Chairman Mukesh Ambani, is informally speaking with banks to prepare the Jio Platforms IPO DRHP, which they plan to file with SEBI as soon as possible. (PTI)
Posted in Business

Reliance Industries is said to begin work on DRHP for Jio Platforms IPO| Business News

Reliance Industries Ltd. is said to have started working on an initial draft red-herring prospectus for the Jio Platforms IPO, in what is expected to…

Continue Reading
ET logo
Posted in Economy

Putin’s India visit aims to narrow trade gap, expand exports & seal key deals in shipping, healthcare and connectivity: Sources

Russian President Vladimir Putin’s two-day India visit is being viewed by Indian officials as a major push toward closer economic ties, with both sides preparing…

Continue Reading
Image for NexusVenturePartnersfunds
Posted in Startups

Nexus closes new $700-million fund to back India, US startups focused on AI, enterprise, consumer sectors

Nexus Venture Partners, a backer of companies like Zepto, Rapido, and software startup Postman, has closed its eighth fund, a $700-million vehicle aimed at early-stage…

Continue Reading
ET logo
Posted in Economy

‘Huge opportunities’: Piyush Goyal urges boost in Indian exports to Russia amid $59B deficit

Commerce and Industry Minister Piyush Goyal on Thursday said there are huge opportunities to expand bilateral trade between India and Russia and work towards making…

Continue Reading
ET logo
Posted in Economy

India targets autos-to-electronics export surge to Russia as Putin set to arrive

India expects to widen its range of exports to Russia and increase sales of automobiles, electronics goods, textiles and machinery, Reuters reported citing India’s Trade…

Continue Reading
Dream11 shifts away from fantasy gaming; enters sports-entertainment space
Posted in Startups

Dream11 shifts away from fantasy gaming; enters sports-entertainment space

Dream11 is recasting itself as a “second-screen sports platform”, moving beyond its fantasy-gaming roots as it looks to tie itself more closely to live broadcasts….

Continue Reading
Sanjay Malhotra, governor of the Reserve Bank of India. (REUTERS)
Posted in Business

Rupee slump complicates path to an RBI repo rate cut| Business News

The Reserve Bank of India’s last repo rate decision of the year is proving to be one of its trickiest, with the Monetary Policy Committee…

Continue Reading