Business

Foreign Institutional Investors (FIIs) are set to mark their biggest-ever exit from Indian stocks in 2025. They have pulled out Rs 1,58,407 crore, making it the largest withdrawal since they started investing in India. This record outflow combines Rs 2,31,990 crore in stock market sales and Rs 73,583 crore in primary market investments up to…

MUMBAI: Bengaluru-based regional carrier Star Air has announced a New Year promotional fare sale offering all-inclusive one-way tickets starting at Rs 1,799 on select routes, according to a press release issued by the airline.The limited-period offer, branded “New Year, New Horizons with Star”, is open for bookings from December 24 to December 31, 2025, with…

UP might soon be home to Taiwan Electrical & Electronic Manufacturers’ Association (Teema)’s technology park as the Uttar Pradesh Yamuna Expressway Industrial Development Authority (Yeida) is emerging as one of the key contenders for the proposed Indian facility, people familiar with the matter said.Foxconn chairman Young Liu, who currently heads Teema, and is part of…

The GBS for Indian Railways might remain broadly unchanged in the upcoming union budget 2026-27, as the current funds are sufficient for the infrastructure upgrade. The GBS or the gross budgetary support for FY26 stands at Rs 2.52 lakh crore, with an additional Rs 10,000 crore permitted for spending through Extra Budgetary Resources (EBR), including…

Consumer goods companies across the country are finally seeing operations stabilising, months after changes to the GST structure were announced. Supply chains and inventory levels have returned to normal following the adjustment period after the reforms, making way for a recovery in demand from the next quarter. Executives from major FMCG and consumer-facing firms said…

MUMBAI: India’s forex reserves jumped by $4.4 billion to $693.3 billion during the week ended Dec 19, Reserve Bank said on Friday. The overall kitty had increased by $1.7 billion to $689 billion in the previous week.For the week ended Dec 19, foreign currency assets increased by $1.6 billion to $559 billion, data showed. Source…

The year 2025, reshaped global commerce in ways not seen for decades, moving into another uncertain phase, as pressures on growth and stability are expected to intensify. So will 2026 be another turbulent patch for global trade?Global merchandise trade managed to stay resilient through 2025, even as US President Donald Trump pushed ahead with higher…

Oil slumped in muted post-Christmas trading as investors assessed a step forward in long-stalled Ukraine peace talks which could lead to a deal that allows more Russian oil into global markets grappling with oversupply. WTO edged down on Friday to trade near $58 a barrel, while Brent was below $62.Bloomberg Source link

MUMBAI: Sensex dropped 367 points on Friday, marking its third consecutive day of losses, amid foreign fund outflows and a lack of major domestic triggers. In a low-volume trade, the 30-share index dropped 0.4% to settle at 85,041. The 50-share Nifty declined by 100 points to 26,042, registering its second day of decline. “Overall, Indian…

MUMBAI: The Irdai on Friday, fined Reliance General Insurance Rs 1 crore in Hyderabad for routing unauthorised payouts through marketing and awareness expenses that amounted to disguised commissions. The penalty follows Irdai’s examination of transactions across FY19, FY20 and FY21. According to the regulator, the insurer channeled payments to brokers, agents, corporate agents and unlicensed…