Business

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…

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…

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…

Despite a difficult funding climate, this year emerged as a comparatively stable year for India’s startup ecosystem, with shutdowns falling sharply from last year’s highs. Around 730 startups ended operations in 2025, a major decline from the 3,903 closures recorded in 2024. According to the department for the promotion of industry and internal trade (DPIIT),…

FDI inflows into India are expected to register robust growth in 2026, supported by strong macroeconomic fundamentals, big-ticket investment announcements, sustained efforts to improve the ease of doing business, and a new generation of investment-linked trade pacts.To ensure that India remains an attractive and investor-friendly destination, the government reviews the FDI (Foreign Direct Investment) policy…

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…

India’s dairy sector is entering a phase of tighter supply and margin recalibration after navigating sharp cycles of disruption, surplus, and recovery over the past three years, according to insights from an expert session hosted by Systematix Institutional Equities.The post-COVID period of 2022-23 proved challenging for the industry, marked by an unreasonable fall in milk…

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