Category: Business

Business

Labour experts welcome labour codes, but urge Govt to address likely teething issues

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While the Centre’s decision to put into effect the four Labour Codes has been welcomed across the board, industry bodies and labour experts have said the government must now turn its attention to the implementational challenges.  Such challenges include the burden these new laws will place on smaller enterprises and the services sector, the problems…

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Exports clock fall in 14 months: CRISIL

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Image used for representation purpose only. | Photo Credit: Reuters India’s merchandise exports fell 11.8% year-on-year, since August 2024, to $34.38 billion in October, CRISIL (formerly Credit Rating Information Services of India Limited) said in its report. The decline in exports was broad-based across petroleum products, gems and jewellery and core sectors. Petroleum products exports…

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U.S. court orders Byju to pay over $1 billion on petition of BYJU’s Alpha, GLAS Trust

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According to the judgement dated November 20, 2025, the Delaware Bankruptcy Court found that Mr. Raveendran failed to comply with its discovery order and continued to be evasive on several occasion. A U.S. court has issued default judgement making Byju Raveendran liable to personally pay back over $1 billion based on the petition filed by…

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U.S. FDA issues seven observations to Natco Pharma’s Chennai plant

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Natco Pharma’s active pharmaceutical ingredients unit in Chennai has received seven observations from the U.S. Food and Drug Administration. The U.S. FDA had conducted an inspection at the API manufacturing plant in Manali, Chennai, from November 17-21. On conclusion, of the inspection, the company received seven observations in the Form-483, the generic drugmaker said on…

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RBI, European Central Bank agree to start realisation phase for UPI–TIPS link

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The proposed UPI–TIPS interlinkage will facilitate cross-border remittances between India and the Euro Area and is expected to benefit users of both jurisdictions, the RBI said. Photo: X/@UPI_NPCI Reserve Bank of India (RBI) and NPCI International Payments Ltd (NIPL) on one hand and European Central Bank on the other, to connect Unified Payments Interface (UPI)…

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Rupee sinks 93 paise to end at all-time low of 89.61 a dollar

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The rupee saw the steepest single-day fall in over three months, breaching 89-a-dollar-mark for the first time and closed the session 93 paise lower at 89.61 (provisional) against the greenback on Friday (November 21, 2025), amid negative cues from domestic as well as global equity markets triggered by trade-related uncertainties. Forex analysts attributed the sharp…

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Sensex falls by 400 points on weak global trends, waning rate cut hopes; snaps 2-day rally

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Snapping the two-day rally, benchmark indices Sensex and Nifty closed lower on Friday (November 21, 2025) mainly due to weak global trends and fading hopes of a rate cut by the U.S. Federal Reserve in December. The 30-share BSE Sensex declined 400.76 points or 0.47% to settle at 85,231.92. During the day, it tanked 444.84…

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