Business

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…

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…

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…

Energy-efficiency star labelling will become mandatory for a wider range of appliances, including refrigerators, televisions, LPG gas stoves, cooling towers and chillers, from January 1, as part of the government’s push to curb power consumption.According to a gazette notification issued by the Bureau of Energy Efficiency (BEE), as reported by PTI, the mandatory star-labelling regime…

The government on Wednesday launched a Rs 4,531-crore Market Access Support (MAS) scheme to help Indian exporters participate in international fairs, exhibitions and buyer-seller meets, offering a boost at a time when shipments face headwinds from steep US tariffs, PTI reported.The MAS is the first component to be operationalised under the Rs 25,060-crore export promotion…

The Indian rupee is set to face sharp and persistent volatility through 2026 as capital outflows, tariff-related trade disruptions and weak foreign investment flows continue to outweigh the country’s strong macroeconomic fundamentals, analysts and official data indicate, PTI reported.Despite steady growth and moderate inflation at home, the currency is unlikely to find a durable floor…

Indian steel and aluminium exports to the European Union will face a carbon-linked cost from January 1, 2026, as the EU’s Carbon Border Adjustment Mechanism (CBAM) moves from the reporting phase to its payment-linked stage, according to a report by the Global Trade Research Initiative (GTRI).Although the CBAM levy will be paid by EU-based importers,…

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,…

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…

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…