MUMBAI: Several global banks and economists expect a 25 basis points (100 bps = 1 percentage point) repo cut in Dec 2025, possibly ending the current easing cycle. Near-zero CPI inflation in Oct has strengthened confidence that RBI’s monetary policy committee can ease rates even if July-Sept growth exceeds the central bank’s forecast of 7%.A…
Mumbai: Adani Group‘s defence and aerospace unit is considering an acquisition of Flight Simulation Technique Centre (FSTC), India’s leading non-captive pilot training firm, people familiar with the matter said. If the deal goes through, it will mark the group’s entry into the aviation training business and ramp up its M&A portfolio.Established in 2012, FSTC has…
Rising production costs are putting pressure on consumer goods makers, but many are choosing to delay price hikes amid fears that any upward revision could trigger government action following the latest GST reductions.Executives from major firms in categories such as soaps, biscuits, detergents, automobiles and consumer electronics said they plan to approach the government and…
The government is considering a plan to allow global tenders for a wide range of patented medicines — spanning weight-loss, cancer, cardiac and diabetes treatments — to support procurement for central healthcare agencies such as the armed forces’ medical services and the Employees’ State Insurance Corporation (ESIS).The plan is aimed at securing essential treatments that…
India’s 28 major listed real estate developers recorded combined sales bookings of nearly Rs 92,500 crore in the first half of the current financial year, driven by continued demand for residential properties and a preference for branded developers, PTI reported.According to regulatory filings, total sales bookings stood at Rs 92,437 crore in April–September of FY26.Prestige…
For the first time, seven limestone blocks in Jammu & Kashmir will go under the hammer on Monday, marking the Union Territory’s first such auction under the ongoing mining reforms, PTI reported.The mines ministry said the auction signals “a shift toward transparency, competitiveness, and sustainable development in the mineral sector,” with the deposits spanning around…
Markets regulator Sebi has introduced a new turnover-linked framework to define what qualifies as a material related party transaction (RPT), shifting from a fixed cap-based approach in a bid to resolve ambiguities and streamline compliance under the Listing Obligations and Disclosure Requirements (LODR) norms.The regulator has also revised audit committee approval thresholds for RPTs executed…
US technology giants Apple, Amazon, Cisco, Meta, HP and Intel have jointly opposed demands from Reliance Jio and Vodafone Idea to allocate spectrum in the 6GHz band for mobile services, instead urging that the entire band be reserved for Wi-Fi use, reported PTI.In a joint response to Trai’s consultation paper for the next round of…
Gold is likely to trade in a tight range in the near term as investors await key US economic indicators—including GDP and inflation data—and signals from the Federal Reserve’s December policy meeting that could define the direction of interest rates, analysts said, according to news agency PTI. They added that weekly US jobless claims, consumer…
Piyush Goyal with Isaac Herzog, President of Israel (Photo-ANI) India and Israel moved a step closer towards expanding strategic and economic cooperation as Commerce and Industry Minister Piyush Goyal met Israeli President Isaac Herzog on Sunday and highlighted the launch of Free Trade Agreement (FTA) negotiations. The discussions focused on strengthening collaboration across trade, investment,…
