Economy news

• Goyal: China's unfair practices to blame for tariffs

  08-04-2025 03:15 via timesofindia.indiatimes.com
  
  Commerce Minister Piyush Goyal criticized China's unfair trade practices following its WTO entry in 2001, blaming them for global economic imbalances. He urged collective action to restore fair trade and encouraged Indian companies to support national goals.
  
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• Silver Hits Record High On MCX, Jumps Over 4% As Rate-Cut Hopes Fuel Rally

  17-12-2025 05:53 via zeenews.india.com
  During early trade, MCX silver was trading 3.38 per cent higher at Rs 2,04,445 per kg after touching a lifetime high level.
  
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• Markets Trade Flat In Early Deals Amid Weak Global Cues; Sensex Opens 176 Points Higher

  17-12-2025 05:35 via zeenews.india.com
  The Sensex opened 176 points higher at 84,856 but soon gave up its early gains and slipped into the red, touching a low of 84,649.
  
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• Rabi Crop Sowing Crosses 536 Lakh Hectares

  17-12-2025 05:10 via zeenews.india.com
  The increase in sown area is expected to lead to higher production, which in turn would increase the incomes of farmers and also help to keep food inflation in check.
  
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• Rupee stays record low! Indian currency opens at 91.07 against US dollar; slips 0.05% from previous close

  17-12-2025 04:52 via timesofindia.indiatimes.com
  
  The Indian rupee hit a new record low against the US dollar on Wednesday, continuing its downward trend. This persistent decline is attributed to ongoing foreign fund outflows and lingering uncertainty surrounding India-US trade talks. Despite a weaker dollar and falling oil prices, the rupee has struggled, marking its worst performance among global currencies this year.
  
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• Rupee rebounds! Currency recovers on likely RBI intervention after opening at 91.07 vs US dollar

  17-12-2025 04:52 via timesofindia.indiatimes.com
  
  The Indian Rupee hit a record low of 91.07 against the US dollar on Wednesday, pressured by portfolio outflows and stalled trade talks. The Reserve Bank of India intervened to support the currency, which rebounded to around 90.25. This marks the fourth consecutive session of record lows, with the rupee down nearly 1% in five sessions and about 6% year-to-date.
  
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• Stock market today: Nifty50 opens flat; BSE Sensex near 84,700

  17-12-2025 04:48 via timesofindia.indiatimes.com
  
  Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened flat in trade on Wednesday. While Nifty50 was above 25,850, BSE Sensex was near 84,700.
  
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• Trump orders blockade of Venezuelan oil tankers: Oil prices jump; supply risks rise

  17-12-2025 04:36 via timesofindia.indiatimes.com
  
  Donald Trump has ordered a complete blockade of Venezuelan oil tankers, escalating geopolitical tensions. This move, aimed at pressuring President Maduro, could disrupt significant supply and potentially lift crude prices. While the market is currently well-supplied, prolonged enforcement of the blockade might lead to higher oil prices, impacting global markets already concerned about weak demand.
  
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• Top stocks to buy today: Stock recommendations for December 17, 2025 - check list

  17-12-2025 03:00 via timesofindia.indiatimes.com
  
  Stock market recommendations: Anand Rathi's Mehul Kothari recommends CG Power, Marico, and Britannia for investment. CG Power shows a trend reversal from support, Marico breaks out of consolidation, and Britannia resumes its trend after forming a strong base.
  
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• Misty Winter Mornings Slow Flights Across North and East India: IndiGo Urges Passengers To Plan Ahead

  17-12-2025 01:53 via zeenews.india.com
  Thick winter fog across North and East India is expected to slow flight operations, prompting IndiGo to advise passengers to check schedules, allow extra travel time, and prepare for possible delays.
  
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• Kraft Heinz split: Steve Cahillane named CEO for one division; appointment effective January 1, 2026

  16-12-2025 19:49 via timesofindia.indiatimes.com
  
  Kraft Heinz has named Steve Cahillane as its new CEO starting January 1, 2026. He will lead the Global Taste Elevation Co. after the company splits into two entities next year. This division aims to improve efficiency. Cahillane brings extensive experience in brand building and managing similar corporate structures. The current CEO will move to an advisory role.
  
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• This Slowest Train Moves At 9 kmph And Offers A Heavenly Journey

  16-12-2025 19:41 via zeenews.india.com
  India’s Nilgiris Mountain Railway offers travellers a breathtaking journey through the Western Ghats, winding past tea plantations, waterfalls, tunnels and century-old bridges.
  
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• NPS rules changed! Non-government subscribers can withdraw 80% of corpus from National Pension Scheme — new rules explained

  16-12-2025 18:53 via timesofindia.indiatimes.com
  
  NPS retirement withdrawal rules have been significantly revised, allowing non-government subscribers to withdraw up to 80% of their corpus as a lump sum. The mandatory annuity purchase requirement has been reduced to a minimum of 20%, offering greater flexibility in managing post-retirement income.
  
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• Wisdom beyond markets: What is Warren Buffett’s success mantra & how to recreate it?

  16-12-2025 17:22 via timesofindia.indiatimes.com
  
  Warren Buffett's wisdom transcends finance. His approach emphasizes integrity, generosity, and unwavering optimism, even amidst challenges.Buffett's philosophy, rooted in contentment and giving, offers profound lessons for navigating life's complexities, proving his most valuable investment might be in human connection.
  
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• IndiGo chaos aftermath: Aviation turbine fuel sales plunge; down over 4 per cent in early December

  16-12-2025 17:00 via timesofindia.indiatimes.com
  
  India's aviation fuel sales dipped over 4% in early December, primarily due to IndiGo's extensive flight cancellations caused by new pilot rules and staff shortages. While jet fuel demand faltered, diesel, petrol, and LPG consumption saw significant year-on-year growth, indicating a mixed trend in the country's fuel market.
  
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• Bank Credit Growth Stays Resilient With 11.5 Per Cent Growth: Centre

  16-12-2025 16:15 via zeenews.india.com
  The Goods and Services Tax rationalisation has boosted the retail credit market amid better affordability, with credit supply of secured assets such as home loans, auto loans and consumer durable loans showing positive momentum in the September 2025 quarter, a recent report said.
  
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• India's Mobility Market To Cross $600 Billion By 2030

  16-12-2025 15:50 via zeenews.india.com
  The initiative focused on advancing innovation across electric and clean fuel technologies, energy systems, autonomous and connected mobility, and the digital foundations required for scale and global competitiveness.
  
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• US jobs stumble in November: Unemployment rate climbs to 4.6%; highest since 2021

  16-12-2025 15:36 via timesofindia.indiatimes.com
  
  US job growth slowed significantly in November, adding 64,000 positions, a stark contrast to October's loss. The unemployment rate climbed to 4.6%, its highest since 2021, influenced by federal workforce reductions and economic uncertainties. Businesses are hesitant to expand due to AI integration and policy unpredictability.
  
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• Major Relief For NPS Subscribers: PFRDA Scraps 5-Year Lock-In, Allows Up To 80% Lump-Sum Withdrawal At Exit

  16-12-2025 15:32 via zeenews.india.com
  Under the revised framework, non-government NPS subscribers can now exit the scheme without waiting for five years, a move aimed at improving liquidity and increasing the appeal of NPS among younger and private-sector workers.
   
  
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• World's richest just got richer! Elon Musk becomes first person to cross $600 bn net worth — how SpaceX's $800 bn valuation helped

  16-12-2025 15:24 via timesofindia.indiatimes.com
  
  Elon Musk has become the first person to exceed a $600 billion fortune, driven by SpaceX's valuation surge to $800 billion. This unprecedented wealth places him significantly closer to trillionaire status, with his SpaceX stake now valued at $336 billion.
  
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• GCCs reshape India’s tech jobs: Hiring grows four times faster than IT services; AI-led roles drive surge

  16-12-2025 15:19 via timesofindia.indiatimes.com
  
  In a remarkable shift in ten years, Global Capability Centres (GCCS) are accelerating their recruitment of tech professionals at a rate four times faster than any traditional IT companies. This surge is reshaping India's tech job market as these centres passionately pursue talent in burgeoning fields like AI and cloud technology.
  
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• Insurance Amendment Bill Aims To Boost Sector Growth, Strengthen Oversight: Sitharaman

  16-12-2025 14:52 via zeenews.india.com
  Moving the 'Sabka Bima, Sabki Raksha (Amendment of Insurance Laws) Bill, 2025' for passage in the House, Union Finance Minister Nirmala Sitharaman said the bill provides for improved regulatory oversight.
   
  
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• HDFC Bank gets RBI nod to hold up to 9.5% in IndusInd Bank

  16-12-2025 14:24 via timesofindia.indiatimes.com
  
  The Reserve Bank of India has approved HDFC Bank to acquire up to 9.5% stake in IndusInd Bank, primarily for portfolio investments by its group companies. This approval, valid for one year, allows aggregate holdings by mutual fund and insurance arms without conferring board representation or control.
  
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• More Countries Landing In Chinese Currency Trap: Report

  16-12-2025 14:02 via zeenews.india.com
  The article cites examples of Kenya and Indonesia to drive this point home
  
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• From Harrier, Safari Petrol To Sierra EV: Check List Of Upcoming Tata SUVs

  16-12-2025 13:54 via zeenews.india.com
  Upcoming Tata SUVs: Following the recent launch of the new Sierra, Tata Motors is preparing to launch at least four new SUVs soon.
  
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• Russia hit with fresh sanctions! European Union adds firms tied to Moscow’s shadow fleet to list; bans oil traders with connections

  16-12-2025 13:00 via timesofindia.indiatimes.com
  
  The European Union has expanded its sanctions against Russia's oil trade, targeting traders and shipping networks accused of facilitating Moscow's crude exports. New measures name oil traders Murtaza Lakhani and Etibar Eyyub, aiming to disrupt the "shadow fleet" of tankers used to bypass Western restrictions and continue generating revenue for the Kremlin.
  
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• Record low! Rupee falls by 23 paise against US dollar; reaches 91.01

  16-12-2025 12:50 via timesofindia.indiatimes.com
  
  The Indian Rupee hit a new record low against the US Dollar on Tuesday. This decline is driven by foreign investors selling Indian assets and stalled trade negotiations between India and the US.Traders anticipate further depreciation, with the Rupee potentially crossing 92 against the Dollar this month.The currency has seen a significant drop in recent trading sessions.
  
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• New Skoda Slavia Caught Testing: ADAS Finally On The Cards?

  16-12-2025 12:48 via zeenews.india.com
  Skoda Slavia: A camouflaged Skoda Slavia facelift test mule has been spotted in Pune. The spy shots hint at small design updates for the midsize sedan.
  
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• GST Rate Revision Has Resulted In 5% Rise In Revenue For States: Minister

  16-12-2025 12:47 via zeenews.india.com
  In a written reply to a question in the Rajya Sabha, Minister of State for Finance Pankaj Chaudhary said that the GST collections during September to November of the current financial year (2025-26) have risen to Rs 2,59,202 crore from Rs 2,46,197 crore in the same period of 2024-25.
  
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• Your credit report goes weekly: What RBI’s new rules mean for EMIs, cards and loans

  16-12-2025 12:29 via timesofindia.indiatimes.com
  
  The Reserve Bank of India is enhancing credit reporting, moving from monthly to 15-day updates and proposing weekly reporting by July 2026. This aims to accelerate the reflection of good borrower behavior, improve fraud detection, and provide a more accurate, near real-time credit profile for consumers.
  
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