Category: Business

Business

PLI for curbing import dependency in long-term, duty rationalisation in short-term: Wind Energy Industry’s wish list for Union Budget

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PLI for curbing import dependency in long-term, duty rationalisation in short-term: Wind Energy Industry’s wish list for Union Budget

Image for representational purposes only. | Photo Credit: PERIASAMY M Instituting production-linked incentive (PLI) schemes to curtail import dependency on critical components in the longer-term, and rationalising import duties for support in the short term, forms the core of the wind energy producers’ wish list in the upcoming Union Budget. Speaking to The Hindu, Varchasvi…

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Business

HDFC Bank Q3 profit jumps 12% to ₹19,807 crore

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HDFC Bank Q3 profit jumps 12% to ₹19,807 crore

The headquarters of HDFC Bank in Mumbai. File | Photo Credit: Reuters HDFC Bank on Saturday (January 17, 2026) said its consolidated profit jumped 12.17% to ₹19,807 crore in the December quarter. The city-headquartered lender had reported a consolidated net profit of ₹17,657 crore in the year-ago period and ₹19,611 crore in the preceding September…

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Yes Bank sees improvement in asset quality, Q3 net profit surges 55% to ₹952 crore

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Yes Bank sees improvement in asset quality, Q3 net profit surges 55% to ₹952 crore

Image used for representation purpose only. | Photo Credit: Reuters Yes Bank Ltd for the third quarter ended December 31, 2025 reported 55.4% jump in net profit Year on Year (YoY) at ₹952 crore.  The bank’s Net Interest Income (NII) at ₹2,466 crore during the quarter grew 10.9% YoY. Net Interest Margin (NIM) at 2.6%…

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Business

Overhaul of import tariff structure, customs processes to cut trade costs, boost manufacturing, exports: GTRI

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Overhaul of import tariff structure, customs processes to cut trade costs, boost manufacturing, exports: GTRI

India needs a sweeping overhaul of its import tariff structure and customs administration to reduce trade costs, strengthen manufacturing competitiveness and revive export growth, think tank Global Trade Research Initiative (GTRI) said on Saturday (January 17, 2026). It also recommended movement toward zero duty on most industrial raw materials and key intermediates, while adopting a…

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Business

Oil & Gas industry’s wish list for Union Budget: Review of cess on indigenous production, push for exploration and refining capacity

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Oil & Gas industry’s wish list for Union Budget: Review of cess on indigenous production, push for exploration and refining capacity

Image for representational purposes only. | Photo Credit: Rangsarit Chaiyakun In the run-up to the Union Budget presentation on February 1, the petroleum industry has sought that the government consider reviewing the oil industry development board (OID) cess alongside providing incentives to enable a further boost to exploration activities, both mature and frontier fields, and…

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Business

Equity markets to remain open on Budget Day on Feb 1

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Equity markets to remain open on Budget Day on Feb 1

Representational image of a stock trader looking at a share price on a screen at a brokerage house | Photo Credit: Vivek Bendre Leading stock bourses NSE and BSE on Friday (January 16, 2026) said they will conduct live trading on Sunday, February 1, when Union Finance Minister Nirmala Sitharaman will present the Union Budget….

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Business

Palaniswami’s refusal to commit himself to Old Pension Scheme shows that it is unfeasible

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Palaniswami’s refusal to commit himself to Old Pension Scheme shows that it is unfeasible

The demographic data of the pensioners reveal that between 2017 and 2025, the strength of the pensioners, aged 80 and above, rose by 1.7 times — from 41,489 to 1,13,380. | Photo Credit: Getty Images AIADMK general secretary Edappadi K. Palaniswami’s refusal to commit himself to the restoration of the Old Pension Scheme (OPS) for the State government employees and…

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Business

Refunds to all passengers hit by disruptions from December 3-5 processed, IndiGo tells DGCA

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Refunds to all passengers hit by disruptions from December 3-5 processed, IndiGo tells DGCA

As an additional measure to support affected passengers, IndiGo has extended a “gesture of care under which two travel vouchers of ₹5,000 each are being provided with a validity of 12 months”. File | Photo Credit: Reuters Domestic carrier IndiGo has processed refunds to all passengers affected by flight cancellations between December 3 and 5,…

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