Category: Business

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L&T to produce armoured vehicle BvS10 Sindhu for Indian Army at Hazira facility

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File photo of the Larsen and Toubro (L&T) head office. | Photo Credit: Reuters Infrastructure major Larsen & Toubro Ltd. (L&T) and BAE Systems have bagged a contract from the Indian Army for supply of BvS10 Sindhu – a specialised all-terrain armoured vehicle, according to a regulatory filing. Under the contract, L&T will indigenously produce…

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Business

India’s shift away from Russian oil imports predates Trump tariffs

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The reduction of Russian oil is not just in absolute terms, but also in terms of its share in India’s total oil imports. File. | Photo Credit: Reuters India is implementing a larger strategy to reduce its dependence on oil imports from Russia, with the higher tariffs imposed by the U.S. coming at a time when…

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Rupee settles with 2 paise gain at 88.58 against U.S. dollar

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Image used for representational purposes. | Photo Credit: Reuters The rupee closed 2 paise higher at 88.58 (provisional) against the U.S. dollar on Wednesday (November 19, 2025), aided by buying momentum in domestic equity markets and lower crude oil prices overseas. Forex traders said a strong American currency and outflow of foreign capital prevented a…

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HospiPal Health introduces patients’ assistance service in Mumbai

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HospiPal Health, a health-tech platform, has announced the launch of its patients’ assistance service in Mumbai. The company has introduced a new category in healthcare: trained, non-medical companions called HospiPals, who provide emotional support, companionship, and day-to-day assistance to patients during hospital visits and stays. While hospitals continue to manage high patient volumes and doctors…

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Stock markets rebound on buying in IT counter; Sensex jumps over 513 points

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The 30-share BSE Sensex jumped 513.45 points, or 0.61%, to settle at 85,186.47. File. | Photo Credit: ANI Equity benchmark indices Sensex and Nifty bounced back sharply on Wednesday (November 19, 2025), driven by a rally in IT stocks and sustained buying from domestic institutional investors amid growing hopes for an India-U.S. trade deal. The…

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Air India lobbies to use airspace over China’s Xinjiang as financial woes mount

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Air India is lobbying the Indian government to convince China to let it use a sensitive military airspace zone in Xinjiang to shorten routes as the financial toll from a ban on Indian carriers flying over Pakistan mounts, a company document shows. The unusual request comes just weeks after direct India-China flights resumed after a…

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Piyush Goyal to travel to Israel to review FTA talks, meet Israeli Ministers and businesses

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Commerce and Industry Minister Piyush Goyal. File | Photo Credit: Shashii Shekhar Kashyap Commerce and Industry Minister Piyush Goyal will travel to Israel on November 20-22 on the invitation of Israel’s Minister of Economy and Industry Nir Barkat, the Ministry of Commerce of Industry announced on Wednesday (November 19, 2025). Mr. Goyal will be accompanied…

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Moody’s doubles forecast of light vehicle sales growth in 2026

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File picture of cars parked at Maruti Suzuki’s plant in Manesar, Haryana | Photo Credit: Reuters Moody’s Ratings has doubled its forecast for India’s light vehicle sales growth in 2026 to 5%, citing policy changes, including the recent Goods & Services Tax (GST) reduction. “In India, we expect light vehicle sales to increase 5% this…

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Stock markets decline in early trade tracking weak global peers, fresh foreign fund outflows

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The 30-share BSE Sensex dropped 135.8 points to 84,537.22 in early trade. The 50-share NSE Nifty dipped 53.85 points to 25,856.20. File | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty declined in initial trade on Wednesday (November 19, 2025), tracking weak global market trends and fresh foreign fund outflows. The 30-share BSE Sensex…

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