Month: December 2025

ET logo
Posted in Economy

Steel panel meets companies on import substitution of high-value products

Mumbai: A parliamentary panel has met top steelmakers to focus on import substitution of certain high-value products used in transformers and in the automotive industry,…

Continue Reading
Bhavish Aggarwal, chairman and managing director, Ola Electric. Ola Electric has to sell 18,500 units/month in FY26 to stay operationally profitable. (PTI)
Posted in Business

A 70% slide in Ola Electric sales casts doubt on revised annual target as well| Business News

EV sales of Ola Electric Mobility Ltd. fell to the lowest in at least 36 months in November 2025, even as the erstwhile market leader…

Continue Reading
ET logo
Posted in Economy

RBI governor releases five-year national financial inclusion strategy

Reserve Bank Governor Sanjay Malhotra on Monday released a national strategy aimed to deepen financial inclusion over the next five years. The ‘National Strategy for…

Continue Reading
ET logo
Posted in Economy

Bilateral trade settlement in local currencies in textiles, chemicals, metals to aid intra-APAC trade

New Delhi: Asia Pacific economies could expand bilateral trade invoicing and settlement in local currencies for goods where intra-regional trade is strong such as textiles,…

Continue Reading
ET logo
Posted in Economy

India’s GDP data robust, new series in February

India’s gross domestic product (GDP) calculation is based on updated and dynamic trends such as Unified Payments Interface (UPI), ecommerce, transport & food aggregators and…

Continue Reading
ET logo
Posted in Economy

India’s current account gap narrows in Q2 on higher services exports, remittances

India’s current account deficit eased to $12.3 billion, or 1.3% of GDP, in the July-September quarter from $20.8 billion a year earlier, mainly due to…

Continue Reading
ET logo
Posted in Economy

Q2 FY26 FDI equity inflows up 20.5% on year

New Delhi: Foreign direct investment (FDI) equity inflows into India rose 20.5% on-year to $16.4 billion in July-September this fiscal, data released by the Department…

Continue Reading
The crypto market is on shaky ground after a weeks-long selloff that began when some $19 billion in levered bets were wiped out in early October, just days after bitcoin set an all-time high of $126,251. (Bloomberg)
Posted in Business

Bitcoin price slides below $85,000 in risk-off start to December| Business News

Cryptocurrencies fell sharply on Monday, bringing fresh momentum to a wide-ranging selloff that appeared to have settled. The crypto market is on shaky ground after…

Continue Reading
ET logo
Posted in Economy

Organic food exports: NE focus, cereals & millets drive growth

New Delhi: India has set a target of Rs 20,000 crore (about $2 billion) of organic food exports by 2030, the government said Monday. India’s…

Continue Reading
ET logo
Posted in Economy

RBI MPC Meet 2025: Date, time, and where to watch Governor Sanjay Malhotra’s policy statement

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) will meet from December 3 to 5, 2025, against the backdrop of six-quarter high economic…

Continue Reading