Business

NEW DELHI: Public procurement portal GeM has enabled government departments and entities to raise Rs 2,200 crore over the last about four years through the disposal of assets such as scrap, e-waste, old vehicles, machinery, and leasehold properties, an official statement said on Sunday. The government e-marketplace (GeM) operates as a digital platform through which…

India’s exports to the US bounced back in November after two months of dip. The rebound was largely supported by supply-chain adjustments and pre-holiday season inventory restocking, according to the Global Trade Research Initiative (GTRI). This recovery came despite the US imposing 50 per cent tariffs on Indian goods since August. ‘India Got Out Of…

PM Modi performs bhoomi pujan for Rs 10,600 cr fertiliser plant in Assam NAMRUP: Prime Minister Narendra Modi on Sunday laid the foundation stone of a Rs 10,601-crore brownfield ammonia-urea plant in Dibrugarh district of Assam, and asserted that it would usher in a new chapter of industrial progress in the region.The facility – Assam…

India’s automobile industry is set to make a strong debut into 2026, after a record year, with industry volumes expected to rise by around 6–8%. This growth is attributed to policy support such as GST rationalisation, easier monetary conditions and income tax relief, which are expected to improve affordability and keep consumption resilient across vehicle…

India’s equity markets saw investors joining at a slower pace in November, just 13.2 lakh investors were added during the month during the month. This was a 11.6% dip from October, as the growth was dragged down by uncertainty in global markets continued to temper risk appetite, data released by the National Stock Exchange (NSE)…

India-Oman CEPA to boost trade, MSME exports, energy security: Bank of Baroda economist New Delhi [India], December 21 (ANI): India has taken another significant step towards deepening its integration with global supply chains by signing a Comprehensive Economic Partnership Agreement (CEPA) with Oman, a move expected to expand bilateral trade, strengthen MSME-led exports and enhance…

Indian Railways on Sunday announced a revised fare structure for passengers that will come into effect from December 26, as part of a fare rationalisation exercise to address rising operational and manpower costs.According to the Railways, the revised fare structure is expected to earn approximately Rs 600 crore in during the current year.Here’s the new…

Strong fundamentals to keep India among fastest-growing major economies: Report Structural drivers, such as digitisation, technological advancements and favourable demographics, may continue to position India among the fastest-growing major economies, according to the Economic Outlook 2026 released by the Mastercard Economics Institute (MEI).India’s economy is expected to consolidate on its long-term growth trajectory in 2026,…

This New Year eve, hotels are pulling out a range of attractions — morning yoga, DIY cocktail stalls, recovery brunches and much more, to lure in guests. However, these celebrations come with a hefty price tag, pushing room tariffs higher for the year ending period. Hotel operators told ET that New Year rates for 2026…

Leading watch and jewellery maker Titan is “very bullish” for its watch business, which is expected to touch the $1 billion sales mark in the next two years, led by factors such as premiumisation, retail footprint expansion and growth of the international business division, a top company official said. Titan recorded a compounded annual growth…