India's ATM Network Shrinks Amid Digital Payment Boom
RBI reports a decline in ATMs as digital payments reduce cash demand. Public sector banks expand rural branches, while deposit insurance covers 97.6% of accounts. Explore the shift.
Category : Business
Axis International seeks $28.9bn from Guinea in arbitration
Axis International, led by Pankaj Oswal, files a massive $28.9 billion arbitration claim against Guinea at the World Bank over revoked bauxite mining rights. Read the full story.
Indian Railways Uses Spare Rakes to Fight Fog Disruptions
Indian Railways deploys spare Vande Bharat rakes and sets up IRCTC war room to ensure punctuality amid dense fog in Northern India. Read how the national transporter is battling winter delays.
India's AI Gap with Silicon Valley Narrows to 6-12 Months
Elevation Capital's AI partner Krishna Mehra says India is now just months behind Silicon Valley in AI, urging founders to build global category leaders. Discover the shifting dynamics.
Arvind Fashions buys Flipkart's stake for ₹135 crore
Arvind Fashions acquires Flipkart's stake in Arvind Youth Brands for ₹135 crore, making Flying Machine brand a wholly-owned subsidiary. Read the full story for details.
Reliance Refutes $30 Billion Govt Claim in KG D6 Dispute
Reliance Industries has strongly denied reports of a $30 billion claim by the Indian government. The company clarified the actual claim is $247 million. Full details on the arbitration case inside.
Florentino Pérez's €3.4B Fortune from ACS and Real Madrid
Explore how Florentino Pérez built a multi-billion euro fortune through construction giant ACS and his transformative presidency at Real Madrid. Discover the pillars of his wealth in 2025.
Train diversions from Patna after Jamui derailment cause delays
Track restoration work after a goods train derailment in Jamui diverts key trains like Vande Bharat & Janshatabdi, causing major delays for Kolkata-bound passengers from Patna. Stay updated on route changes.
Key Meet for Samba Paddy Procurement in Tamil Nadu
Stakeholders meeting in Thanjavur addresses samba paddy procurement. Farmers seek solutions for staff, machines, and bags. Over 4.7k centres to open for the season.
Ryndia GI Tag Fuels Meghalaya Silk, 55% Production Growth
Meghalaya's Ryndia fabric GI tag hailed as a 2025 success story. India's silk production surges 55%, empowering farmers & women. Explore the textile revolution.
Reliance Denies $30 Billion Government Claim Reports
Reliance Industries strongly denies media reports claiming a $30 billion demand from the Indian government, calling them baseless and irresponsible. Get the full facts here.
Bokaro Steel Plant Expansion to 7.55 MTPA Under Discussion
Union Minister Bhupathiraju Srinivasa Varma confirms discussions for Bokaro Steel Plant's brownfield expansion, aiming to boost capacity to 7.55 MTPA, create jobs, and align with India's 300 MTPA steel vision by 2030.
IndiGo hikes pilot allowances after mass cancellations
IndiGo announces increased pilot allowances from January 1 to boost morale, following mass flight cancellations and foreign airline poaching threats. Read the full details.
Waaree Energies CEO Amit Paithankar Steps Down
Amit Paithankar resigns as CEO of Waaree Energies, India's top solar manufacturer. Jignesh Rathod, former Operations Director, takes over. Get the full story on this major leadership change.
RBI's $31.98 Billion Dollar Sale to Defend Rupee in 2025
The Reserve Bank of India net sold $31.98 billion in Jan-Oct 2025 to curb rupee volatility, a major shift from 2024's net purchase. Explore the central bank's evolving forex strategy.
India's 2025 Trade Strategy: Exports Rise 6% to $824.9B
Despite global trade headwinds, India's exports grew 6% in FY25. Discover how FTAs, supply chain shifts, and policy reforms are reshaping its economic future. Read the full analysis.
Reliance Denies $30 Billion Govt Claim in Gas Dispute
Reliance Industries refutes a $30 billion arbitration claim by the Indian government over alleged gas production shortfalls. Get the latest details on this major corporate dispute.
Bank Bad Loans Fall to 2.1%, Best in Decades: RBI
RBI reports gross NPA ratio of banks fell to 2.1% by Sept 2025, a multi-decade low. Strong recoveries and upgrades drove 42.8% of the improvement. Read the full analysis.
India's rare earth reserves huge, but production lags
India holds the world's 3rd largest rare earth reserves but contributes less than 1% to global production. A new report highlights the gap and China's dominance. Read more.
Reliance, BP Deny $30 Billion Govt Gas Claim
Reliance Industries and BP reject a $30 billion arbitration claim by the Indian government over alleged shortfall in gas production from offshore fields. Details inside.
IndiGo Increases Pilot Allowances After Cancellations
IndiGo announces a 50% hike in pilot layover allowances, a key move following recent mass flight cancellations. Get the full details on the revised rates and the airline's strategy.
Selling Stocks: Expert Tips on When to Exit Investments
Selling stocks is emotionally tough. Value Research's Ashish Menon explains when to sell based on business fundamentals, not price swings. Learn to avoid costly mistakes.
EESL and NIIF sell IntelliSmart stake for $723 million
Debt-laden Energy Efficiency Services Ltd (EESL) and NIIF hire Deloitte to sell their IntelliSmart JV for an estimated $723 million. The deal aims to ease EESL's ₹6,049 crore debt and marks a major shift in India's smart metering sector. Read more.
IndiGo Increases Pilot Allowances from 2026
IndiGo announces revised cockpit crew allowances, effective 1 Jan 2026. Captains & First Officers to get higher layover, deadhead, and other allowances. Details inside.
Silver Plunges Over 5% on MCX After Record High
Silver prices on MCX fell sharply by 5.7% to ₹2.26 lakh/kg in evening trade after hitting a record ₹2.54 lakh. The metal's market cap surged to $4.65 trillion, surpassing Nvidia. Read the full analysis.
Horizon Industrial Parks Files for ₹2,600 Crore IPO
Blackstone-backed Horizon Industrial Parks files draft papers with Sebi for a ₹2,600 crore IPO. The logistics giant also raised $200 million in a pre-IPO round. Read more.
Rabi sowing hits 61.4 mn ha; pulses, oilseeds area up
India's rabi sowing reaches 61.4 million hectares, with pulses and oilseeds showing significant gains. Wheat area remains steady. Get the latest crop data and analysis.
US Stocks Open Lower in Final Week of 2025
US stock markets opened lower on Monday, with S&P 500, Dow Jones, and Nasdaq all slipping. Despite the dip, the S&P 500 is up over 17% for 2025, driven by tech giants like Nvidia. Read the full analysis.
Analysts: Crude Oil Under Pressure Until 2026 Due to Oversupply
Global crude oil prices are projected to remain subdued through 2026, with a structural oversupply outweighing geopolitical tensions. Analysts cite rising non-OPEC+ production and slowing demand growth. Read the full analysis.
Foxconn's Bengaluru Plant to Generate 50,000 Jobs
Karnataka's Commerce Minister hails Foxconn's major investment in Bengaluru, set to boost youth and women employment. A significant step for India's electronics manufacturing hub.
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