Carmakers See Strong December Sales on GST Boost
Major Indian automakers report impressive December sales, driven by GST reforms and strong festive demand. Discover which companies led the growth and the outlook for 2025.
Category : Business
Cigarette Prices to Rise 20% from February 1
Cigarette prices in India are expected to surge by up to 20% from February 1, 2025, following a significant increase in the National Calamity Contingent Duty. This move will impact major tobacco companies and consumers nationwide.
New 2026 Kia Seltos Launched in India from Rs 10.99 Lakh
Kia India launches the second-generation 2026 Seltos SUV with a bold new design, premium interior, and advanced features. Book now with a Rs 25,000 token. Check details!
GST Collection Holds Strong at Rs 1.76 Lakh Crore
India's GST revenue for December 2024 stands at a robust Rs 1.76 lakh crore, including cess, demonstrating continued buoyancy despite rate rationalization. Explore the detailed analysis.
Mumbai eateries face Rs 111 LPG hike, food prices may climb
Mumbai's restaurants and hotels face a New Year shock as commercial LPG prices jump Rs 111 per cylinder. Industry warns of higher menu prices, squeezing margins and impacting consumers. Read more.
Goa adds 5 new GI tags, portfolio now at 15
Goa's GI list grows to 15 with 5 new agricultural products, including unique mangoes, rice, and brinjal. Chief Minister Pramod Sawant says this empowers farmers and boosts local economy. Read more.
Himachal MSME Fest 2026 Starts Jan 3 with Startup Awards
Himachal Pradesh launches the 3-day MSME Fest 2026 in Shimla on Jan 3, featuring Startup Awards and a cultural evening to drive entrepreneurship and industrial growth in the state. Read more.
Experts Urge Rethinking of CRR and SLR Banking Rules
Banking experts Vasant G Hegde and Lalan Mishra argue India's fractional reserve system, based on CRR and SLR, needs urgent reform to unlock credit and boost growth. Read their analysis.
Skill Gaps Strain India's Demographic Advantage
India's demographic dividend is under strain due to critical skill development gaps and a slow shift to productive jobs. Expert Chitra Saruparia explains why skills matter more than ever for Indian workers.
SAIL's Manish Raj Gupta Assumes CMD Charge at RINL
Manish Raj Gupta, Director at SAIL, assumes additional charge as CMD of RINL (Visakhapatnam Steel Plant). A seasoned leader with over three decades of experience, his appointment is set to drive strategic growth. Read more about his career and vision.
Mysuru's 2,113-acre housing layout faces landowner, feasibility hurdles
Mysuru Development Authority seeks consent from 1,524 landowners for a massive 50:50 scheme residential project. Villagers claim unawareness, experts question horizontal expansion. Read more.
Bengaluru-Bidar Special Trains Extended Till Feb 2026
South Western Railway announces 17 additional trips for Bengaluru-Bidar Special Express to manage festive season crowds. Check new schedule and important travel advisories here.
UAE Enacts New Federal Laws for Capital Market Regulation
The UAE government has issued two federal decree laws to strengthen the Emirates' capital markets. Discover the key changes and their impact on investors and financial stability.
KFC, Pizza Hut Operators Merge in $934M Deal
Sapphire Foods and Devyani International, operators of KFC and Pizza Hut in India, announce a $934 million merger to tackle rising costs and competition. The new entity aims for annual synergies of ₹2.1-2.25 billion.
Govt Drives Indian Coffee Exports with Global Market Studies
Indian coffee industry gets major boost as MEA commissions market intelligence studies in key regions to promote value-added products and drive record exports. Full report by Feb 2026.
Goyal on 10-min delivery, gig worker strike
Zomato's Deepinder Goyal addresses the 10-minute delivery model during a nationwide gig workers' strike, stating 'no system is perfect' while defending platform work. Read his full explanation.
Ambala Demolishes 6 Illegal Colonies Over 21.5 Acres
Ambala authorities demolished 6 illegal colonies spanning 21.5 acres in a major drive. 27 structures were razed. Officials warn public against investing in unauthorized plots.
RBI Flags High-Cost Risks in India's Insurance Sector
RBI's Financial Stability Report warns India's insurance sector faces structural pressures from high-cost distribution models, risking medium-term sustainability. Read the full analysis.
Billionaires flee California over proposed wealth tax
Top tech billionaires like Larry Page and David Sacks are leaving California to escape a proposed 5% wealth tax, potentially costing the state billions. Read about the exodus and its impact.
Banks Can Now Independently Set Up NPS Pension Funds
PFRDA permits banks to establish pension funds for NPS, boosting competition. Fee structure revised from 2026. NPS Trust gets new trustees. Explore the impact on your retirement savings.
NFRA's New Toolkit to Aid Small & Medium Audit Practitioners
NFRA releases its second Audit Practice Toolkit, focusing on revenue risk assessment, to empower small and medium audit firms and enhance audit quality nationwide. Explore the details.
Belagavi Loses Key Air Links as Star Air Stops Bookings
Star Air halts bookings for Belagavi-Jaipur & Ahmedabad routes from Jan 15, following Mumbai service withdrawal. Business community warns of severe trade impact. Details inside.
Mumbai property registrations hit 14-year high in 2025
Mumbai's housing market recorded its strongest performance in 14 years in 2025, with over 1.5 lakh property registrations generating Rs 13,487 crore in stamp duty. Driven by end-user demand and improved affordability.
Govt eases KYC compliance for company directors
The Corporate Affairs Ministry simplifies compliance, replacing annual director KYC with a triennial filing. New rules effective March 2026. Read for details and deadlines.
PM Modi to inaugurate Vibrant Gujarat conference in Rajkot
Prime Minister Narendra Modi will inaugurate the Vibrant Gujarat Regional Conference for Saurashtra-Kutch in Rajkot on January 11. The event will feature global delegates, major trade exhibitions, and focus on regional growth and self-reliance. Read more.
Sapphire and Devyani Merge, Creating Fast-Food Giant
Yum Brands' India partners Sapphire and Devyani announce a major merger, creating a franchisee behemoth. The move comes as the sector faces slowing sales and consumer cutbacks. Read the full analysis.
US Approves Samsung, SK Hynix Chip Gear Exports to China
The US has approved annual export licences for Samsung and SK Hynix to ship chipmaking equipment to their China facilities through 2026, replacing a more permissive waiver system. This move creates new uncertainty for global memory chip supply.
Zomato, Blinkit hit record 75 lakh orders on New Year's Eve
Despite gig worker protests, Zomato and Blinkit delivered over 75 lakh orders on December 31. CEO Deepinder Goyal credits police and delivery partners for the historic feat. Read the full story.
Global Investment Opportunities Set to Broaden in 2026
Franklin Templeton's 2026 outlook predicts a shift from US-centric returns, driven by policy easing, a weaker dollar, and global profit growth. Discover key themes shaping portfolios.
Banks Get Nod to Directly Set Up NPS Pension Funds
PFRDA approves banks as direct pension fund sponsors for NPS, aiming to widen access and increase competition. New fee structure and trustees also announced.
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