The government on Friday announced a Rs 7,295-crore export support package aimed at improving exporters’ access to credit, comprising a Rs 5,181-crore interest subvention scheme and a Rs 2,114-crore collateral support measure, officials said.Both interventions will be implemented over a six-year period from 2025 to 2031 and form part of the Rs 25,060-crore Export Promotion…
Tesla has lost its position as the world’s largest electric vehicle maker after deliveries fell for a second consecutive year in 2025, weighed down by intensifying competition and weakening demand in key markets, AP reported.The US electric carmaker said it delivered 1.64 million vehicles in 2025, a decline of 9 per cent from the previous…
India’s largest institutional investor, Life Insurance Corporation of India (LIC), has seen the value of its investment in ITC erode by Rs 10,445 crore over just two sessions, after the FMCG major’s shares plunged sharply following a steep hike in cigarette duties, ET reported.LIC held a 15.86 per cent stake in ITC, equivalent to about…
India’s foreign exchange reserves rose by $3.293 billion to $696.61 billion in the week ended December 26, data released by the Reserve Bank of India showed on Friday, PTI reported.The overall reserves had increased by $4.368 billion to $693.318 billion in the previous reporting week, indicating a continued strengthening of the country’s external buffer.According to…
New supply of office space declined sharply in key property markets such as Delhi-NCR and Mumbai last year, even as demand for prime workspaces remained strong across India’s major cities, according to real estate consultant Colliers, PTI reported.Delhi-NCR saw a 15 per cent fall in new office supply in 2025, while Mumbai recorded a steeper…
(Photo credit – Aequitas) Siddhartha Bhaiya, founder and managing director of Aequitas Investment Advisors and one of Dalal Street’s most closely followed stock pickers, passed away on December 31, 2025, following a sudden cardiac arrest while on a family vacation in New Zealand. He was 47, ET reported.“It is with profound sadness that we share…
The government’s surprise hike in cigarette excise duties has rattled the investment case for ITC, prompting a wave of brokerage downgrades, earnings cuts and valuation resets as analysts brace for pressure on volumes, margins and long-term profitability.ITC shares tumbled to a three-year low of Rs 345.35 on Friday, extending a two-day rout that has wiped…
London’s benchmark FTSE 100 index crossed the 10,000-point mark for the first time on Friday, scaling a fresh all-time high on the opening trading day of 2026, extending the strong momentum built over the past year.In early deals, the UK’s top-tier index — home to heavyweights such as BP, Vodafone and HSBC — rose 1.0…
NEW DELHI: Bajaj Auto Ltd on Friday reported a 14 per cent rise in total sales at 3,69,809 units in December 2025 as compared to 3,23,125 units in the same month of 2024.Total domestic sales were at 1,69,373 units last month as against 1,62,420 units in the year-ago period, up 4 per cent, Bajaj Auto…
(Image: National High-Speed Rail Corporation Limited (NHSRCL) NEW DELHI: India’s bullet train corridor marked a major milestone on Friday with the breakthrough of a high-speed mountain tunnel in Maharashtra’s Palghar district.Railway minister Ashwini Vaishnaw virtually witnessed the final breakthrough of the 1.5-km-long Mountain Tunnel-5 (MT-5) from Rail Bhawan in New Delhi. This is the first…
