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On Tuesday (December 30), the rupee rose 23 paise to close at 89.75 against the greenback. | Photo Credit: Getty Images The rupee fell 15 paise to 89.90 against the US dollar in early trade on Wednesday (December 31, 2025), weighed down by foreign fund outflows and a muted opening in the domestic equity markets….
Read More “Rupee falls 15 paise to 89.90 against U.S. dollar in early trade” »
A man looks at a screen outside the Bombay Stock Exchange (BSE) in Mumbai. File | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty bounced back in early trade on Wednesday (December 31, 2025) and were trading in positive territory amid sustained buying by domestic institutional investors. After five days of decline, the 30-share…
India’s real GDP grew 8.2% in the second quarter of 2025-26, up from 7.8% in the first quarter and 7.4% in the fourth quarter of the last fiscal. File. | Photo Credit: B. Velankanni Raj India has surpassed Japan to become the world’s fourth largest economy with a size of $4.18 trillion and is poised…
Read More “India is now fourth largest economy, says govt.” »
India’s relatively strong industrial performance in November 2025, especially driven by the manufacturing sector as it was, was more likely a flash in the pan than the start of a consistent trend. The Index of Industrial Production (IIP) grew 6.7% in November, the fastest growth rate in 25 months. Within this, the manufacturing sector grew…
Read More “Too good to last: On November’s industrial data, the Indian economy” »
Image used for representational purposes only. File | Photo Credit: Reuters Hyundai Motor India Ltd. on Tuesday (December 30, 3035) announced its entry into the commercial mobility segment with the launch of its dedicated taxi offerings under the ‘Prime Taxi’ range. Purpose-built to address the evolving needs of fleet operators and taxi entrepreneurs, the Prime…
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Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Stock markets ended marginally lower on Tuesday (December 30, 2025) amid thin year-end trading as persistent foreign fund outflows and a muted trend in global equities weighed on investors’ sentiment. Falling for the fifth consecutive day, the 30-share BSE Sensex dipped 20.46 points or…
The government is likely to issue guidelines for at least some of the schemes under the recently-approved Export Promotion Mission (EPM) this week. Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The government is likely to issue guidelines for at least some of the schemes under the recently-approved Export Promotion Mission (EPM)…
Read More “Some guidelines on Export Promotion Mission to be issued this week: Sources” »
The approval is a temporary relief for the South Korean firms and follows a U.S. decision earlier this year to revoke license waivers given to some tech companies [File] | Photo Credit: REUTERS The U.S. government has granted an annual license to Samsung Electronics and SK Hynix to bring in chip manufacturing equipment to their…
File photo of Prime Minister Narendra Modi with Union Finance Minister Nirmala Sitharaman. | Photo Credit: ANI Prime Minister Narendra Modi on Tuesday (December 30, 2025) met eminent economists and sectoral experts to seek their views on the upcoming Budget, a senior government official said. The meeting, which started at 11 a.m., is currently underway….
Read More “PM Modi meets economists ahead of 2026-27 Budget” »
Image used for representational purposes. | Photo Credit: The Hindu Ola Electric on Tuesday (December 30, 2025) said that its flagship electric motorcycle, the Roadster X+, powered by an indigenously developed 4680 Bharat Cell battery pack, has received government certification and will commence deliveries of the model. The Roadster X+ (9.1 kWh) has been approved…