The US Wall Street is hoping to mark a strong finish for the year, amid recent highs. The S&P 500 ended at a record high on Wednesday, ahead of the Christmas holiday , being just around 1 per cent short of the 7,000 mark for the first time.The S&P 500 is on track for its…
India must allow insolvency and bankruptcy to build dynamic, risk-taking economy: PM’s Economic Advisory Council member Sanjeev Sanyal NEW DELHI: India needs to be comfortable with people and companies going bankrupt, as continuous insolvency and bankruptcy are essential for building a risk-taking and dynamic economy, said Economic Advisory Council to the Prime Minister (EAC-PM) member…
Maglev train tested in China (Image taken from X) Chinese scientists have achieved a milestone in magnetic levitation technology. Researchers at China’s National University of Defence Technology successfully propelled a one-tonne vehicle to 700 kilometers per hour in just two seconds on a 400-meter test track, setting a new world record for superconducting electric maglev…
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…
When five scheduled pickup requests were cancelled without explanation, Ramesh Kumar (name changed) approached the National Consumer Helpline. Months after ordering the furniture online, Kumar, the Jodhpur resident was still stuck with defective goods and no refund. Then his call to 1915, changed everything. Within days, government’s National Consumer Helpline stepped in and secured his…
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…
