Business

PhonePe Payment Gateway on Saturday launched ‘PhonePe PG Bolt’ for Visa and Mastercard credit and debit card transactions, aiming to offer a faster and more secure in-app checkout experience for users and merchants, PTI reported.The solution uses device tokenisation to enable secure payments within apps for users on the PhonePe platform as well as merchant…

BENGALURU: Masayoshi Son-led SoftBank Group pared its holding in Ola Electric Mobility to 13.5% from 15.6%, in what appears like a staggered exit from the electric 2-wheeler maker that was once among its marquee India bets. SVF II Ostrich (DE), a SoftBank affiliate and Ola Electric’s second-largest shareholder after founder Bhavish Aggarwal, sold 9.4 crore…

India and the European Union have asked their officials to resolve outstanding issues and accelerate negotiations to finalise the proposed free trade agreement, according to an official statement issued on Saturday, PTI reported.Commerce and Industry Minister Piyush Goyal and EU Commissioner for Trade and Economic Security Maros Sefcovic met in Brussels to review the status…

India and the European Union moved their proposed Free Trade Agreement discussions forward during Union commerce and industry minister Piyush Goyal’s two-day visit to Brussels, which ended on January 9.Goyal was in the Belgian capital on January 8 and 9, where he held multiple high-level meetings with EU Commissioner for Trade and Economic Security Maros…

India’s office real estate market posted its strongest performance on record in 2025, with annual gross leasing touching an all-time high of 86.4 million square feet, according to Knight Frank India’s latest India Real Estate – Office and Residential Market (H2 2025) report.Leasing activity rose 20% year-on-year, surpassing the previous peak achieved in 2024 and…

Union Minister for Petroleum and Natural Gas Hardeep Singh Puri highlighted that the government’s long-term energy planning is translating into tangible benefits for citizens, stating that the real test of policy lies in how seamlessly it supports daily life rather than in announcements alone.In a post on the social media platform X, the minister noted…

India’s foreign exchange reserves recorded their biggest weekly drop in 14 months as the central bank sold dollars to support a weakening rupee, analysts said.The holdings in the week ended Jan 2 fell by $9.9 billion to $552 billion. During the week, the rupee fell 0.4% against the dollar due to foreign fund outflows and…

Recent geopolitical tensions and Trump tariffs on India highlight the need for India to step up focus on its energy security. (AI image) Oil is called black gold – and for a reason – it’s the fuel that drives economic growth and oil security is increasingly becoming crucial in a world fraught with geopolitical uncertainties…

CHENNAI: The Indian tractor industry closed 2025 on a high note, with annual domestic volumes crossing the one-million-unit mark for the first time in its history. Exports also rebounded strongly, crossing the onelakh-unit milestone after a two-year gap.Total domestic tractor sales touched 10.9 lakh units in 2025, compared with 9.1 lakh units in 2024, posting…

US President Donald Trump on Friday (local time) announced plans to cap credit card interest rates at 10% for one year, saying the move is aimed at easing affordability concerns for American consumers. He also criticised the previous Joe Biden administration for not checking high interest rates in recent years.In a post on Truth Social,…