Business
Business 

Share of salaried taxpayers earning over Rs 30 lakh a year surges in 2025: Report

Share of salaried taxpayers earning over Rs 30 lakh a year surges in 2025: Report India’s high-income salaried class is growing at a fast pace as the share of salaried taxpayers earning more than Rs 30 lakh a year increased from 18.49 per cent in 2024 to 23.34 per cent in 2025, a new report...
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Business 

US-Venezuela conflict: Indian refiners set to gain, says report

US-Venezuela conflict: Indian refiners set to gain, says report The US capture of Venezuela’s President Nicholas Maduro and taking over its oil fields could lead to Indian refineries benefiting from imports of heavier Venezuelan barrels, which trade at a discount to Brent, boosting their gross refining margins, a report...
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Business 

Apple’s iPhone exports from India cross $50 billion under PLI scheme

Apple’s iPhone exports from India cross $50 billion under PLI scheme US tech giant Apple achieved a major milestone under India’s smartphone production‑linked incentive (PLI) scheme, with the company's iPhone exports crossing $50 billion by December 2025, industry data showed. The figure is expected to rise further, with three months still...
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Business 

Asia leads global confidence in tax fairness, India stands out: Report

Asia leads global confidence in tax fairness, India stands out: Report Public trust in tax remains strongest in Asia and India stands out for its relatively strong tax morale and trust in the fiscal system, a report showed on Monday. Nearly 45 per cent of Indian respondents believe that tax revenues...
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Business 

Bank of America raises India’s GDP growth to 7.6 pc for current fiscal, 6.8 pc for FY27

Bank of America raises India’s GDP growth to 7.6 pc for current fiscal, 6.8 pc for FY27 As the Indian economy continues to grow over robust policy reforms and strong consumption, Bank of America (BofA) has raised the country’s GDP growth projection to 7.6 per cent for current fiscal (FY26), from its earlier estimate of 7 per...
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Business 

Indian IT sector's revenue to grow 4 to 5 pc in FY27: Report

Indian IT sector's revenue to grow 4 to 5 pc in FY27: Report The Indian IT industry's revenue growth is expected to recover to 4-5 per cent in FY27, leading to high‑single‑digit EPS growth, a report said on Monday. The report from HSBC Global Investment Research, however, said that IT stocks, up about...
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Business  Big News 

2 key interventions to improve access to export credit, strengthen MSMEs: Industry

2 key interventions to improve access to export credit, strengthen MSMEs: Industry The industry has hailed two key interventions under the 'Niryat Protsahan' sub-scheme to strengthen MSME exports by providing affordable and easier access to trade finance, saying this will lower the cost of exporting, expand access to finance, diversify export markets...
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Business  Big News 

Nifty surges over 1 pc this week led by bank, auto stocks

Nifty surges over 1 pc this week led by bank, auto stocks The Indian equity benchmarks closed on a strong note this week, touching fresh all-time highs amid strong performance in the banking and auto sectors. Nifty surged 1.05 per cent during the week and 0.70 per cent on the last trading...
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Business  Big News 

Sensex up in early trade, Nifty crosses 26,000 on final trading day of 2025

Sensex up in early trade, Nifty crosses 26,000 on final trading day of 2025 The Indian benchmark indices traded in the green zone early on Wednesday on the final day of the trading year. As of 9.30 am, Sensex advanced 167 points, or 0.20 per cent to 84,872 and Nifty gained 67 points, or...
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Business 

MCA extends FY25 annual filing deadline to Jan 31

MCA extends FY25 annual filing deadline to Jan 31 The Ministry of Corporate Affairs (MCA) on Tuesday extended the deadline for filing financial statements and annual returns under the Companies Act until January 31, 2026, giving companies more time to complete their mandatory filings. The earlier deadline of December...
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Business 

RBI likely to run more OMOs in Q1 CY26, pause rate cuts: Report

RBI likely to run more OMOs in Q1 CY26, pause rate cuts: Report Reserve Bank of India (RBI) may undertake more open market operations in February–March to keep durable liquidity, a report said on Tuesday. The report from the Axis Mutual Fund said that RBI is likely to maintain liquidity at around 1.25/1.75...
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Business 

IRDAI slaps Rs 1 crore penalty on Reliance General Insurance for regulatory lapses

IRDAI slaps Rs 1 crore penalty on Reliance General Insurance for regulatory lapses The Insurance Regulatory and Development Authority of India (IRDAI) has imposed a penalty of Rs 1 crore on Reliance General Insurance Company for violating several regulatory norms related to insurance intermediaries, outsourcing of activities and corporate governance. The action comes...
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