Economy news

• More layoffs! Infosys asks another batch of trainees to leave after they fail internal assessment tests

  29-04-2025 09:08 via timesofindia.indiatimes.com
  
  Infosys has recently asked 195 more trainees to leave after they failed internal assessments, bringing the total number of affected trainees to over 800 since February. The company is offering support, including outplacement services and training programs.
  
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• From Withdrawal Limits To Exit Rules: Here Are 10 Key Changes In NPS— Check Full List

  17-12-2025 09:26 via zeenews.india.com
  Under the amended rules, government employees are now formally allowed to take loans from regulated financial institutions by marking a lien or charge on their NPS account. This is a significant step, as it recognises NPS not just as a retirement savings tool but also as a financial asset.
  
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• iPhone chips to be made in India? Apple in talks with Indian chip manufacturers; why it's significant

  17-12-2025 09:15 via timesofindia.indiatimes.com
  
  Apple is reportedly in early talks with Indian chip manufacturers, specifically CG Semi, for assembling and packaging iPhone components. This potential collaboration, focusing initially on display chips, marks a significant step for India's burgeoning semiconductor sector. Meeting Apple's stringent quality demands will be crucial for CG Semi's success.
  
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• Tata Sierra Storms The Market With Over 70,000 Bookings On Day 1 - Check Top Pros & Cons

  17-12-2025 09:04 via zeenews.india.com
  Tata Sierra: Tata Sierra has received a strong response from the market. On the first day of bookings, the SUV recorded more than 70,000 confirmed orders, underlining high customer interest in the revived nameplate.
  
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• The Mutual Fund Advisor: Why your mix matters more than your mutual funds - explained

  17-12-2025 08:49 via timesofindia.indiatimes.com
  
  Asset allocation, not the fund itself, is the critical factor in investment success. A mediocre fund within the right asset mix can outperform a top fund in the wrong one. Your personal goals, time horizon, and risk tolerance should dictate your investment split, ensuring survivability and goal achievement.
  
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• India To See $3.5 Billion Worth Retail Investments In 3 Years As Western Malls Crumble

  17-12-2025 08:37 via zeenews.india.com
  India has over 600 operational malls, but less than 100 meet the institutional benchmarks that attract global funds – triggering aggressive competition for top-tier assets.
  
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• Indian Equities To Perform Well In Medium-term Amid Policy Support, Strong Private Capex

  17-12-2025 08:35 via zeenews.india.com
  The report from HSBC Mutual Fund said that India’s growth remains resilient amidst significant global macroeconomic challenges and resilience is expected to continue due to the softening in crude oil prices and other domestic factors.
  
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• 8th Pay Commission: Retired Govt Employees Not To Get DA, Retirement Benefits? Check Fact Behind Viral Claim

  17-12-2025 08:09 via zeenews.india.com
  Fact-checking agency PIB has refuted social media claims that the central government has withdrawn post-retirement perks such as DA hikes and Pay Commission revisions for retired employees.
  
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• Trump’s H-1B visa crackdown: Why $100,000 fee will hit TCS, Infosys - explained

  17-12-2025 07:52 via timesofindia.indiatimes.com
  
  US President Trump's proposed $100,000 H-1B visa fee will significantly impact Indian IT giants like TCS and Infosys. This substantial levy, aimed at curbing foreign worker reliance, could cost these firms hundreds of millions. Analysts anticipate a shift towards offshore recruitment and reduced visa applications as companies adapt.
  
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• Park Medi World shares make muted market debut; decline nearly 4% to IPO price

  17-12-2025 07:15 via timesofindia.indiatimes.com
  
  Park Medi World Ltd made a subdued market debut, listing at a discount on both BSE and NSE. The hospital chain's Rs 920-crore IPO, which saw over 8 times subscription, will see proceeds used for debt repayment, hospital development, and equipment purchase, with remaining funds for acquisitions and corporate purposes.
  
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• Asian shares today: Market mixed after Trump 'sanctioned Venezuela oil tankers'; oil prices jump over 1%

  17-12-2025 06:19 via timesofindia.indiatimes.com
  
  Asian shares traded mixed as technology stocks offered support, while oil prices surged over 1% following a US blockade order on Venezuelan oil tankers. Japan's Nikkei slipped amid weak machinery orders, while Chinese and South Korean markets saw modest gains. US stock futures edged lower after Wall Street closed mixed.
  
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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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