India Business News in English

Just nine Fugitive Economic Offenders (FEOs) owed Indian banks over ₹58,000 crore in principal and interest. To date, banks have recovered just over ₹19,000 crore — roughly 33% of the total dues.

Commerce Minister Piyush Goyal urges Indian businesses to seize opportunities in Russia's market, addressing talent shortages and trade demands.

Premiumisation is driving the growth in beauty and personal care industry in India and this segment is growing faster than the products made for the masses, industry executives said at Cosmoprof India 2025, a beauty & personal care industry event currently underway in Mumbai.

Scaling Artificial Intelligence(AI) at the speed at which consultants project is not possible by the laws of physics and may not be environmentally sustainable, said Tanvir Khan, who is the Executive Vice President and Chief Operating Officer of NTT DATA North America, part of the Japanese technology services and data centre company NTT Data, in an interview with The Hindu.

The Rupee appreciated by 19 paise to close at 89.96 against the U.S. dollar amid weak dollar index support.

India aims to expand its tea exports to China, highlighting diverse varieties like Darjeeling and Masala at a recent buyer-seller meet.

Stock markets rebound after four days of decline as Sensex rises 158 points, driven by tech and IT shares.

India reduces Russian oil imports by 38% in October 2025, marking the sharpest decline in value and volume yet.

Suzlon announces three new AI-enabled smart blade factories, expanding its manufacturing footprint to 20 facilities in India.

Odisha Government terminates Silicon Tech Lab's empanelment for involvement in a recruitment scam and service agreement violations.

Worli, Mumbai, dominates India’s ultra-luxury apartment market, accounting for 40% of transactions worth ₹5,500 crore in two years.

IndiGo faces disruptions due to a hiring freeze, prompting pilots' body to urge regulatory intervention for safe operations.

Nvidia CEO Jensen Huang met separately with U.S. President Donald Trump and Republican senators Wednesday

Rupee falls to 90.43 against the dollar amid RBI's restrained intervention and high importer demand, causing market concerns.

Meta’s poaching of Apple's Alan Dye underscores its push to expand consumer hardware beyond its smart glasses

Airbus orders upgrades for 6,000 A320 aircraft after a JetBlue incident raises concerns about software vulnerability to solar radiation.

Ola Electric launches a 250-member taskforce to tackle service backlogs and improve after-sales support across India.

India's smartphone exports to the U.S. surged to $1.47 billion in October, tripling year-on-year despite global market challenges.

Labour codes set to be fully operational by April 1, 2026, with draft rules for public feedback coming soon.

India’s smartphone market has hit a plateau as it experiencing a shift from volume to value game as consumers are now increasingly upgrading to better devices which they can use for upto three years, observed Sandeep Sarma of Xiaomi India.

Iran's rial plunges to a record low amid nuclear sanctions, escalating economic pressures and rising food prices for citizens.

Finance Minister announces excise duty on tobacco to maintain tax levels after GST cess expiration, ensuring affordability is controlled.

Stock markets decline for the fourth consecutive day as Sensex dips 31 points amid ongoing foreign fund outflows.

The rupee hits an all-time low of 90.21 against the dollar amid foreign fund outflows and rising crude oil prices.

Delhi-NCR industries must install emission monitors by December 31 or face closure, warns Central Government amid air quality crisis.

IndiGo faces severe flight delays and cancellations due to a pilot shortage and crew no-shows, impacting operations significantly.

Inside a fully packed conference centre in Las Vegas, Amazon Web Services (AWS) CEO Matt Garman’s message was simple and strategic

Europe agrees to phase out Russian gas imports by 2027, implementing a stepwise ban on LNG and pipeline supplies.

Rupee breaches 90 against the dollar, falling 6 paise amid global market shifts and continuing Foreign Institutional Investors' outflows.

Air India and other airlines experienced check-in system glitches for 45 minutes on December 2, causing flight delays.

Ramakrishnan Chander has taken charge as Managing Director of Life Insurance Corporation Of India (LIC).

Finland plans road shows in India to promote circular economy and renewable energy collaboration ahead of the World Circular Economy Forum 2026.

Numaligarh Refinery receives Navratna status, recognizing its strong performance and growth potential in the energy sector.

Wakefit Innovation Ltd sets IPO price band at ₹185-195 for ₹1288.89 crore public offer, opening December 8, 2025.

At a recent roundtable in Delhi, hosted jointly by IBM and The Hindu Group, technology leaders discussed the shifts in thinking around cloud deployment costs, transitioning from a traditional view of finops (the financial sub-discipline of optimising cloud expenditure) to actually getting value out of deployments.

The rupee fell 42 paise to a record low of 89.95 against the U.S. dollar amid market pressures and speculator activity.

Parliamentary committee highlights systemic challenges hindering IBC's effectiveness, noting slow processes and low recovery rates in insolvency cases.

Broadband India Forum criticizes DoT's WhatsApp SIM-binding mandate, citing concerns over jurisdiction, consumer impact, and lack of consultation.

Reliance merges Star Television Productions with Jiostar, enhancing its media presence and creating a leading entertainment platform in India.

Rupee hits an all-time low of 89.85 against the U.S. dollar, pressured by strong dollar demand and foreign fund outflows.

RBI appoints Usha Janakiraman as Executive Director, leveraging her extensive experience in regulation, banking supervision, and public debt management.

Equity markets decline as bank stocks falter amid foreign fund outflows, while Asian Paints and Infosys gain.

Experts predict the rupee will remain low at ₹89 to ₹90 per dollar until December 2025 amid ongoing uncertainties.

Shoppers spent $17.3 billion online on Cyber Monday, Salesforce data showed

The ministry estimates the revision would translate to three months being saved in the approval process of the geological report

November auto wholesales surged over 20% YoY, driven by GST cuts, with major manufacturers reporting record sales and robust growth.

Foreign Direct Investments in India surged 18% to $35.18 billion, with U.S. inflows doubling to $6.62 billion.

Montek Singh Ahluwalia warns that India's economic transition is more complex than the 1991 liberalization, requiring urgent strategic adaptations.

India's industrial production growth hits a 13-month low of 0.4% in October 2025, impacted by weak power, mining, and manufacturing sectors.

The rupee fell 8 paise to 89.53 against the dollar, driven by a widening trade deficit and delayed trade negotiations.