Month: December 2025

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Posted in Economy

India urges Russia to approve 32 seafood processing units for supplies

India on Thursday said Russia’s approval of 128 Indian seafood processing units for exports reflects growing trust between the countries, and urged Moscow to clear…

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Posted in Economy

RBI issues amendments to update various regulations

The Reserve Bank on Thursday issued clarification regarding prudential treatment of exposures of foreign bank branches operating in India to their group entities, along with…

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Fintech firm Zaggle acquires Rio Money for Rs 22 crore; plans to invest Rs 75 crore post-acquisition
Posted in Startups

Fintech firm Zaggle acquires Rio Money for Rs 22 crore; plans to invest Rs 75 crore post-acquisition

Fintech firm Zaggle, which offers spend management services, has acquired Rivpe Technology Private Limited (Rio.Money), a digital banking platform offering UPI-based payment solutions for Rs…

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Posted in Economy

IMF did not question GDP growth figures: Nirmala Sitharaman on lower grade on national accounts

Finance Minister Nirmala Sitharaman on Wednesday said the International Monetary Fund (IMF) appreciated India’s healthy economic performance and did not question its growth figures. Stating…

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Posted in Economy

Not just Russia, another trade boost is loading for India

Just when Russian President Vladimir Putin has arrived in New Delhi today for the 23rd India-Russia Summit to seal various trade and defence deals, deepening…

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Posted in Economy

RBI orders weekly loan data reporting to credit information cos from April 1, 2026

The Reserve Bank of India has directed all regulated lenders to provide information on their borrower accounts to credit information companies such as Transunion Cibil…

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IndiGo was dealing with more than 25 flight cancellations daily due to lack of pilots, even before things came to a head this week. (Reuters)
Posted in Business

The domino effect that led to IndiGo’s mass flight cancellations, delays| Business News

The hundreds of IndiGo flight cancellations and delays wasn’t triggered by one factor but is a consequence of a domino effect that has bought India’s…

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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…

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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…

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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…

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