Rupee outlook: Currency seen stabilising after 4% slide this year; traders eye India–US deal for next cues

Rupee outlook: Currency seen stabilising after 4% slide this year; traders eye India–US deal for next cues

The Indian rupee, which has been under persistent pressure through 2025, is unlikely to witness any sharp fall in the immediate term as its recent weakness has already played out, Union Bank of India said in a recent assessment. The bank noted that the currency has already slipped about 4 per cent this year and…

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Tesla sparks EV push: Carmaker launches model Y in India; opens experience centers

Tesla sparks EV push: Carmaker launches model Y in India; opens experience centers

American electric carmaker Tesla is exploring ways to develop an electric-vehicle ecosystem in India to support long-term growth and enhance the ownership experience. Since beginning deliveries in September, the company has sold 109 vehicles and is now planning to establish home charging units, install superchargers in major cities, and set up chargers at key destinations…

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Tariff shock: Indian exports to US crash 28.5%; GTRI warns labour-heavy sectors hurt most, urges quick policy action

Tariff shock: Indian exports to US crash 28.5%; GTRI warns labour-heavy sectors hurt most, urges quick policy action

India’s exports to the United States saw a sharp 28.5% fall between May and October 2025 as aggressive tariff hikes by Washington hit key sectors. According to the Global Trade Research Initiative (GTRI), shipments dropped from $8.83 billion to $6.31 billion during the period, coinciding with US duties rising from 10% in April to 25%…

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‘Continue to see relentless growth’: Piyush Goyal on India’s GDP after 8.2% Q2 surge; credits reforms and ease-of-business push

‘Continue to see relentless growth’: Piyush Goyal on India’s GDP after 8.2% Q2 surge; credits reforms and ease-of-business push

File photo: Union commerce and industry minister Piyush Goyal (Picture credit: ANI) Union commerce and industry minister Piyush Goyal on Saturday said India’s stronger-than-expected 8.2% GDP expansion in the July–September quarter reflects the government’s sustained reform drive and measures to make business operations smoother. Speaking during a national padyatra in Gujarat, he said the numbers…

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New labour codes: Indian companies face higher wage expenses; manpower costs may increase 5-15% across sectors

New labour codes: Indian companies face higher wage expenses; manpower costs may increase 5-15% across sectors

Indian companies are likely to see higher wage bills as they adjust HR policies and compensation structures to comply with the new four labour codes. Experts estimate manpower costs could rise 5-10%, or even more for some firms.The increase in wage expenses is largely driven by higher costs for benefits such as gratuity, overtime, bonuses,…

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Black Friday–Cyber Monday: India sees 20–25% sales surge; brands advance promotions by a week

Black Friday–Cyber Monday: India sees 20–25% sales surge; brands advance promotions by a week

Black Friday-to-Cyber Monday sales in India are seeing strong traction this year, with retailers and company executives reporting a 20–25% increase compared with last year. The surge started early, as brands began their promotions a week before Black Friday and plan to keep offers running beyond Cyber Monday. Platforms such as Tata CLiQ, Nykaa, Flipkart,…

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Airbus software update: Air India says ‘no cancellations’; delays expected on some flights

Airbus software update: Air India says ‘no cancellations’; delays expected on some flights

NEW DELHI: Air India on Saturday said its flight operations remain intact with no cancellations due to the mandatory software and hardware realignment ordered for Airbus A320 family aircraft worldwide.“Air India can confirm that there have been no cancellations due to this task and there isn’t any major impact on schedule integrity across our network….

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Intense solar radiation risk? Why Airbus pushed an A320 software update — impact on flights, ops explained

Intense solar radiation risk? Why Airbus pushed an A320 software update — impact on flights, ops explained

Airbus has issued an urgent global alert to A320-family operators, instructing them to immediately fix a newly identified software problem that could affect flight-control systems on thousands of aircraft. The directive which takes effect Saturday evening (US Eastern time) was triggered after Airbus determined that “intense solar radiation may corrupt data critical to the functioning…

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Tata Sons board meets, Noel attends

Tata Sons board meets, Noel attends

MUMBAI: The directors of Tata Sons met Friday, over two months after ex-bureaucrat Vijay Singh resigned from the board. The meeting, chaired by N Chandrasekaran, discussed and considered routine corporate matters related to the company and its affiliated entities, said people aware of the matter. Apart from Chandrasekaran, the board consists of five members, including…

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RBI tells MFIs: Time to focus on borrowers’ income stability

RBI tells MFIs: Time to focus on borrowers’ income stability

MUMBAI: Microfinance must now shift from basic access to delivering long-term income stability for borrowers and a clear pathway to formal credit, the RBI said. The central bank has warned that the sector’s recent regulatory freedom can become a liability if lenders do not uphold responsible conduct.Speaking at a microfinance industry network event during the…

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