Most government offices, banks and financial markets across the United States will remain closed on New Year’s Day, while major retailers and grocery chains are largely set to stay open, often with modified hours, the AP reported.Retailers are expected to use the holiday to offer discounts on older inventory ahead of new stock arrivals. However,…

India’s economy continues to expand at a robust pace, supported by strong domestic demand, low inflation and healthy bank balance sheets, even as risks from unsecured lending, fintech exposure, external uncertainties and stablecoins persist, the Reserve Bank of India said in its December 2025 Financial Stability Report (FSR), PTI reported.The report said the domestic financial…

NEW DELHI: The Directorate General of Civil Aviation (DGCA) has issued a show cause notice to Air India for operating a Boeing 787 between Japan and India in June 2025, despite snags. One flight — Tokyo (Haneda) to Delhi — had to be diverted to Kolkata due to the cabin getting uncomfortably hot at the…

MUMBAI: Prism, the parent company of Oyo, has filed draft IPO papers with markets regulator Securities and Exchange Board of India (SEBI) through the confidential route, people aware of the matter said, making its third attempt at going public. The company is seeking to raise up to Rs 6,650 crore through fresh issues of shares…

If global markets were running a marathon this year, Indian equities were clearly trailing the pack. While South Korea saw Kospi skyrocketed nearly 76%, Japan’s Nikkei soared over 25%, and Hong Kong’s Hang Seng climbed more than 30%, China’s Shanghai Composite posted gains of over 16%. In the west, Wall Street also bagged doubled digit…

The government on Wednesday kept interest rates unchanged on various small savings schemes, including Public Provident Fund (PPF), National Savings Certificate (NSC) and Sukanya Samriddhi Yojana, for the seventh consecutive quarter starting January 1, 2026, PTI reported.In a notification, the finance ministry said the interest rates for small savings schemes for the fourth quarter of…