Business

File photo: Union commerce and industry minister Piyush Goyal (Picture credit: ANI) Union commerce and industry minister Piyush Goyal on Saturday said India’s stronger-than-expected 8.2% GDP expansion in the July–September quarter reflects the government’s sustained reform drive and measures to make business operations smoother. Speaking during a national padyatra in Gujarat, he said the numbers…

Indian companies are likely to see higher wage bills as they adjust HR policies and compensation structures to comply with the new four labour codes. Experts estimate manpower costs could rise 5-10%, or even more for some firms.The increase in wage expenses is largely driven by higher costs for benefits such as gratuity, overtime, bonuses,…

Representative image credits: ANI This wedding season, plain and lightweight gold jewellery in 22-, 18-, and even 14-karat is attracting significant attention, as many couples and their families prioritise investment and resale value over elaborate designs and diamond embellishments.Jewellers from Joy Alukkas, PNG, Senco Gold, and Kalyan report that simple gold pieces are becoming increasingly…

NEW DELHI: Air India on Saturday said its flight operations remain intact with no cancellations due to the mandatory software and hardware realignment ordered for Airbus A320 family aircraft worldwide.“Air India can confirm that there have been no cancellations due to this task and there isn’t any major impact on schedule integrity across our network….

Black Friday-to-Cyber Monday sales in India are seeing strong traction this year, with retailers and company executives reporting a 20–25% increase compared with last year. The surge started early, as brands began their promotions a week before Black Friday and plan to keep offers running beyond Cyber Monday. Platforms such as Tata CLiQ, Nykaa, Flipkart,…

Airbus has issued an urgent global alert to A320-family operators, instructing them to immediately fix a newly identified software problem that could affect flight-control systems on thousands of aircraft. The directive which takes effect Saturday evening (US Eastern time) was triggered after Airbus determined that “intense solar radiation may corrupt data critical to the functioning…

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MUMBAI: Loans against gold jewellery have become the unlikely star of retail credit with outstanding balances in this category surging 128.5% year-on-year to Rs 3.38 lakh crore in Oct 2025 and 63.6% since March 2025. Gold loans now account for nearly a fourth of the addition to the bank’s personal loan book in the last…

MUMBAI: A penalty of Rs 91 lakh has been imposed on HDFC Bank for violating certain provisions of the Banking Regulation Act, RBI said on Friday. The penalty has been imposed on the private sector lender for deficiencies in statutory and regulatory compliance, including those related to Know Your Customer (KYC). RBI said a statutory…

NEW DELHI: The Indian economy is expected to grow at 7% or higher during the current financial year and top the $4 trillion-mark, chief economic adviser V Anantha Nageswaran said on Friday.The growth estimates are higher than the 6.3-6.8% projected in the Economic Survey tabled in Parliament ahead of the Budget.“The first half of the…