Mohan Lal Mittal, Father of Lakshmi Mittal, Passes Away
Mohan Lal Mittal, the patriarch who founded the family steel business, passed away. PM Modi and Minister Goyal expressed condolences, highlighting his industrial legacy and philanthropy.
Category : Business
Arunachal Tops Startup Ranking, Northeast States Excel
Arunachal Pradesh secured the 'Best Performer' title in Category B of the States' Startup Ranking Framework 5.0. Nagaland, Manipur, Meghalaya, Assam, Mizoram, and Tripura also received notable recognition in the latest assessment.
Sebi Approves Auction System for Stock Market Closing Prices
India's market regulator Sebi has approved a new auction-based system for determining closing stock prices, replacing the current VWAP method to enhance transparency and fairness.
Musk-O'Leary War Over Starlink on Ryanair Flights
Elon Musk and Ryanair CEO Michael O'Leary engage in public feud over Starlink installation. Ryanair cites fuel costs, Musk warns of passenger loss.
Arnifi Serves 750+ Clients in Second Year, Aids SMEs
Dubai-based fintech startup Arnifi has successfully onboarded over 750 clients during its second operational year, providing crucial financial solutions to small and medium enterprises.
Mohan Lal Mittal, Father of Lakshmi Mittal, Passes Away
Mohan Lal Mittal, the father of renowned industrialist Lakshmi Mittal, has passed away. The news marks a personal loss for the Mittal family, known globally in the steel industry.
ICRA Sees 4.3% Fiscal Deficit in FY2027, 14% Capex Rise
Rating agency ICRA expects the government to maintain fiscal discipline with a 4.3% deficit target for FY2027 while boosting capital expenditure by 14% to Rs 13.1 lakh crore.
Savings vs. Investment: Expert Explains Key Difference
A financial expert clarifies the crucial distinction between savings and investment, emphasizing how investments yield long-term benefits and wealth growth.
Reliance Q3 Profit Flat at Rs 18,645 Cr
Reliance Industries reports flat Q3 profit of Rs 18,645 crore as retail business faces headwinds from GST changes, while energy and digital units provide support.
PM Modi Mourns Demise of Mohan Lal Mittal
Prime Minister Narendra Modi expressed deep sorrow over the passing of industrialist Mohan Lal Mittal, father of steel magnate Lakshmi Mittal, praising his business acumen and cultural passion.
Deloitte Expert Calls for Customs Reform and GST Fixes in Budget
Deloitte India Partner Saloni Roy says the Union Budget should address customs law gaps, rationalize duties, and support domestic manufacturing by fixing GST issues.
Karan Johar Buys Rs 8.05 Crore Apartment in Khar West
Bollywood filmmaker Karan Johar has purchased a premium apartment in Mumbai's Khar West for Rs 8.05 crore, including two car parking spaces, showing strong confidence in the city's luxury real estate market.
Rajhara Colliery in Daltonganj to Restart Production
The historic Rajhara open-cast colliery in Daltonganj will resume operations on Saturday after being shut since 2010. Union Minister Satish Chandra Dubey will inaugurate the restart.
Budget 2026: Focus on Infrastructure and Manufacturing
As India moves towards Viksit Bharat, Budget 2026 must consolidate gains, deepen execution, and boost private investment through infrastructure and manufacturing.
SEBI Proposes Netting of Funds for Foreign Investors
SEBI proposes allowing netting of funds for FPIs in cash market transactions to reduce liquidity demands and enhance operational efficiency for foreign investors.
Gujarat Summit: 5,492 MoUs, Rs 5.78 Lakh Crore Investment Target
The Vibrant Gujarat Regional Summit for Kutch-Saurashtra concluded with MoUs for 5,492 projects, aiming for over Rs 5.78 lakh crore investment and creating 6.26 lakh jobs.
US Tariffs Cut India's Gem Exports by 44%
India's gem and jewellery exports to the US plunged 44% in April-Dec 2025, hitting $3.86 billion. Industry warns of job cuts and long-term market risks due to tariffs.
Central Bank of India Q3 Profit Jumps 31.7%
Central Bank of India reports strong Q3 results with net profit rising 31.7% to Rs 1,263 crore. Asset quality improves as gross NPAs decline to 2.7%.
RBI Chief Backs MoSPI's Macroeconomic Data Base Year Update
RBI Governor Sanjay Malhotra supports MoSPI's decision to revise base years for CPI, GDP, and IIP, saying it will reflect current economic realities and improve policy calibration.
Vande Bharat Sleeper Train Launch: PM Modi to Flag Off
Indian Railways launches Vande Bharat sleeper train on Kamakhya-Howrah route. PM Modi to flag off on January 17, 2026. Features, fares, schedule details inside.
Vande Bharat Sleeper Train Launch: PM Modi to Flag Off
Indian Railways launches Vande Bharat sleeper train on Kamakhya-Howrah route with advanced features, better comfort than Rajdhani Express, and fares starting at Rs 2,299.
DGFT Tightens Niryat Protsahan Scheme Rules
The DGFT has revised the Niryat Protsahan scheme, narrowing eligibility, clarifying compliance, and limiting interest support for MSME exporters to ensure smoother implementation.
Sebi Overhauls Mutual Fund Rules With New Expense Ratio System
India's markets regulator Sebi introduces Base Expense Ratio, separates fund fees from taxes, and lowers expense caps across mutual fund categories effective April 2026.
IndiGo Finishes Refunds for December Flight Cancellations
IndiGo has fully processed refunds for all passengers affected by flight cancellations from December 3 to 5, 2025, as confirmed by the DGCA in a recent statement.
Wipro, Tech Mahindra Outshine TCS, Infosys in Weak Q3
Wipro and Tech Mahindra posted stronger revenue growth and profitability than larger rivals TCS and Infosys during a challenging third quarter for India's IT sector.
Coca-Cola Targets Top Three Market Position in India
Coca-Cola's global president predicts India will become one of its top three markets soon, citing premiumization trends and strong consumer demand.
India to Lead South Asia as Brightest Growth Region in 2026
India will continue driving South Asia as the world's brightest growth region in 2026, according to the World Economic Forum's latest Chief Economists Outlook. The report highlights India's resilient fundamentals and AI adoption.
Rupee Falls 44 Paise, Near Record Low at 90.78/USD
The Indian rupee dropped sharply by 44 paise to close at 90.78 against the US dollar, approaching its all-time low. This decline marks continued pressure on the currency amid market volatility.
Chhattisgarh Mining: Tribal Tin, E-Auctions Drive Revenue
Chhattisgarh leverages critical minerals, tribal-led tin mining, and transparent e-auctions to increase revenue and create jobs, says mining secretary P Dayanand.
SAT Clears Bombay Dyeing of Financial Misrepresentation
The Securities Appellate Tribunal sets aside Sebi's 2022 order against Bombay Dyeing, ruling no evidence of fake MOUs or inflated profits. Penalties to be refunded within four weeks.
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