NEW DELHI: The Directorate General of Foreign Trade (DGFT) on Wednesday unveiled the first component of the six-year Export Promotion Mission – the Rs 4,531-crore market access support (MAS) for exporters to diversify into new product categories and new markets such as Latin America and Africa, with a special emphasis on MSMEs. This is the…
Trading XRP$1.8424 and solana SOL$124.83 felt twice as bumpy as bitcoin BTC$87,564.19 in 2025, dashing hopes of market maturation beyond the largest cryptocurrency. Realized volatility over the past 365 days hit 87% for solana and 80% for XRP compared with BTC’s calmer 43%, according to data tracked by CoinDesk Indices. BNB BNB$864.12 clocked 55% and…
N Chandrasekaran (File photo) NEW DELHI: Tata Group chairman N Chandrasekaran, in his year-end message to employees on Wednesday, said companies that deliver on commitments, foster collaboration across teams, and take calculated risks will be best positioned to navigate volatility and create long-term stability. “For India and for the Tata Group, this era of uncertainty…
NEW DELHI: Broadband subscriber base in the country crossed the 100 crore-mark in Nov 2025, Telecom Regulatory Authority of India (Trai) said on Wednesday. India had 99.9 crore broadband subscribers in Oct, comprising 95.5 crore on wireless networks and 4.5 crore on fixed connections. “In the month of Nov 2025, the broadband subscriber base in…
NEW DELHI: The Centre has banned the manufacture, sale and distribution of all oral formulations of nimesulide above 100 mg in immediate-release form, citing risk to human health and the availability of safer alternatives.In a notification issued on Dec 29 and published in The Gazette of India, the health ministry said it was satisfied that…
MUMBAI: In 2025, single-digit gains in the sensex and Nifty hid Dalal Street’s efforts to balance local and global factors which left investors jittery at regular intervals. Behind the headline numbers, however, new market darlings emerged, some older ones lost favour with investors, a number of well-known companies went public, IPOs garnered record amounts from…
MUMBAI: The outlook for 2026 blends domestic resilience with rising global uncertainty, according to RBI’s financial stability report (Dec 2025). While India’s macroeconomic fundamentals and banking system remain sound, the report stresses that the economy is exposed to global shocks translating into rupee pressure, and to vulnerabilities created by deeper financial linkages at home. The…
Anand Mahindra (File photo) NEW DELHI: Mahindra Group chairman Anand Mahindra on Wednesday said artificial intelligence is not a threat, but an accelerator as it can raise value and dignity of blue-collar jobs. “As Al reshapes industries, many fear disruption. I respectfully disagree. I believe Al is an accelerator not a threat,” Mahindra said in…
MUMBAI: Stress tests conducted by RBI suggest that Indian banks are at their healthiest point in more than a decade, with bad-loan ratios expected to improve further in the coming months and all banks retaining adequate capital even under extreme stress. According to the Financial Stability Report (Dec 2025), the banking system could withstand a…
The Enforcement Directorate (ED) has recovered over Rs 5 crore in unaccounted cash, Rs 8 crore in gold and diamond jewellery, and property documents worth Rs 35 crore during searches on alleged gangster Inderjit Singh Yadav’s premises. The investigation into money laundering stems from Yadav’s alleged illegal extortion and coercive loan settlements. NEW DELHI: In…
