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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• Commodity trade entry by banks, insurers on table

  20-12-2025 22:50 via timesofindia.indiatimes.com
  
  Sebi is collaborating with RBI and the insurance regulator to allow banks and insurance companies to participate in commodity derivatives markets. Working groups are also reviewing measures to deepen the Agri Commodity Derivatives ecosystem and optimize the regulatory framework for margins, position limits, and delivery mechanisms.
  
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• GST notice: UltraTech Cement gets Rs 782 crore notice; company says it will contest

  20-12-2025 18:53 via timesofindia.indiatimes.com
  
  UltraTech Cement faces a significant Rs 782.2 crore GST demand notice from authorities for alleged short payment and improper input tax credit use between 2018-19 and 2022-23. The company, India's largest cement producer, stated it is reviewing the order and plans to challenge it, asserting its submissions were not duly considered.
  
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• Section 80G explained: CBDT issues FAQs on ITR donation deductions; what taxpayers should know

  20-12-2025 18:40 via timesofindia.indiatimes.com
  
  Taxpayers under the old regime can still claim deductions for charitable donations via Section 80G. New FAQs from the Income Tax Department detail verification processes, emphasizing donor-donee data matching.Remember, cash donations over Rs 2,000 are ineligible, and this benefit isn't available under the new tax regime.
  
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• EU-Mercosur trade deal: Lula eyes January signing; EU farmer protests and member pushback delay pact

  20-12-2025 18:32 via timesofindia.indiatimes.com
  
  Brazilian President Lula da Silva expressed hope that the Mercosur-EU free-trade agreement will be signed in January, despite delays caused by opposition from some EU members and farmer protests. European negotiators had initially aimed for a weekend signing, but Italian Prime Minister Meloni requested more time, postponing the deal.
  
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• IOB stake sale: Govt pares stake via OFS; holding drops to 92.44%

  20-12-2025 17:31 via timesofindia.indiatimes.com
  
  The Indian government has reduced its stake in Indian Overseas Bank (IOB) to 92.44% after completing an offer-for-sale, diluting 2.17% of its equity. This move aligns with Sebi's minimum public shareholding norms, with a forbearance granted until August 2026 for public sector entities.
  
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• Electricity Bill consultation: Power minister discusses draft amendments with MPs; stakeholder feedback underway

  20-12-2025 16:38 via timesofindia.indiatimes.com
  
  Power Minister Manohar Lal consulted MPs on the proposed Electricity (Amendment) Bill, 2025, aiming to strengthen the sector by mandating cost-reflective tariffs and empowering regulators.
  
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• AI boom or bubble? Is the AI bet driving US growth into risky territory; Ruchir Sharma explains

  20-12-2025 15:44 via timesofindia.indiatimes.com
  
  Artificial intelligence is now the primary driver of global economic growth, particularly in the US, according to economist Ruchir Sharma. He warns of significant risks due to this concentration, noting that while AI fuels investment and market gains, its true productivity impact remains uncertain.
  
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• Housing market outlook: Nearly 70% developers see over 5% rise in home prices in 2026; demand remains strong

  20-12-2025 14:58 via timesofindia.indiatimes.com
  
  A CREDAI and CRE Matrix survey reveals nearly 70% of real estate developers anticipate housing prices to rise by over 5% in 2026, driven by sustained end-user demand. Developers also expect home demand to grow by more than 5%, indicating a positive outlook anchored in genuine market needs and a calibrated approach to new supply.
  
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• Indian Railways Slapped Rs 2.8 Crore Fine Over Food Complaints In Last 4 Years: Minister

  20-12-2025 14:50 via zeenews.india.com
  In order to take passenger feedback, the complaint management system over Indian Railways has been strengthened, simplified and made more accessible over the last few years through the introduction of the RailMadad Portal. 
  
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• IndiGo To Compensate Stranded Passengers With Rs 10,000 Travel Vouchers After Large-Scale Flight Cancellations From 26 Dec

  20-12-2025 14:42 via zeenews.india.com
  Indigo Compensation On Flyers Refund: IndiGo has started issuing refunds for cancelled flights, many passengers who booked through online travel agencies (OTAs) are still waiting to be paid.  
  
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• India‑Oman CEPA To Boost Exports, Energy Security

  20-12-2025 14:27 via zeenews.india.com
  The report from Bank of Baroda said that CEPA aims to expand trade and investment, increase export opportunities for labour‑intensive micro, small and medium enterprise (MSME) sectors such as textiles, leather, footwear, gems and jewellery and engineering products.
   
  
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• Bullion outlook: Gold, silver to retain momentum in 2026 amid strong demand, says PL Capital

  20-12-2025 14:00 via timesofindia.indiatimes.com
  
  Gold and silver are set for a strong 2026. Gold prices are predicted to rise moderately to strongly. Silver is also expected to maintain its upward trend. This positive outlook is driven by robust global demand for gold and increasing industrial use of silver.
  
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• FII Selling In Dec Crosses Rs 21,100 Crore, Trend Set To Reverse: Analysts

  20-12-2025 13:31 via zeenews.india.com
  Strengthening of the currency in the last two days has helped to stem the tide of FII selling, they said. During the last three trading days, FIIs were buyers in the cash market with a total buy figure of Rs 3,596 crore.
   
  
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• Skilled labour gap: Walmart steps up training to build in-house technicians; US companies widen push to fix trade shortages

  20-12-2025 13:09 via timesofindia.indiatimes.com
  
  Walmart is bolstering its in-house maintenance workforce through revamped training programs. These initiatives aim to equip employees with skills in areas like HVAC and electrical work, addressing a critical shortage that impacts store and distribution center operations.
  
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• IndiGo To Compensate Stranded Passengers With Rs 10,000 Travel Vouchers After Large-Scale Flight Cancellations From THIS Date

  20-12-2025 12:37 via zeenews.india.com
  Indigo Compensation On Flyers Refund: IndiGo has started issuing refunds for cancelled flights, many passengers who booked through online travel agencies (OTAs) are still waiting to be paid.  
  
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• From insurance to SIPs to retirement: How Parliament’s Winter Session rewrote your financial future

  20-12-2025 12:19 via timesofindia.indiatimes.com
  
  Parliament has enacted sweeping financial reforms, including 100% foreign ownership in insurance and pension firms, to boost domestic investment amidst global trade tensions. These changes aim to lower costs for consumers, improve product offerings, and channel capital into India's growth story, promising a more competitive and efficient financial landscape.
  
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• Govt Says In Regular Consultation With Textiles Exporters To Assess US Tariff Impact

  20-12-2025 12:09 via zeenews.india.com
  The government is also administering the two remission schemes of Rebate of State and Central Taxes and Levies (RoSCTL) for Apparel/Garments and Made-ups and the Remissions of Duties and Taxes on Exported Products (RoDTEP) Scheme for other textiles products.
  
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• Tech oversight: Sebi to form working group on exchange technology; aim to strengthen market resilience

  20-12-2025 11:57 via timesofindia.indiatimes.com
  
  India's market regulator Sebi is forming a working group. This group will explore future technology for stock exchanges. The aim is to strengthen market infrastructure. It will also benchmark global practices.
  
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• Long-time CEO reveals leadership lessons that changed his career - key takeaways

  20-12-2025 11:40 via timesofindia.indiatimes.com
  
  WD-40 CEO Garry Ridge transformed his leadership from command-and-control to empowering his team, realizing personal growth was key to company expansion.He emphasized creating a safe environment fostering trust and shared purpose, enabling WD-40's global reach.Ridge now coaches, warning against ego-driven, micromanaging leaders, advocating for servant leadership focused on people and values for better outcomes.
  
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• Monthly Electricity Bills Hurting Your Budget? 7.7 Lakh Homes Now Pay Rs 0 For Electricity — Check How

  20-12-2025 11:38 via zeenews.india.com
  Launched in February 2024, the initiative aims to install rooftop solar systems in one crore households by FY 2026–27. With a total outlay of over Rs 75,000 crore, the government is offering substantial financial support to make solar adoption affordable for ordinary households.
   
  
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• 38 Railways Projects Worth Rs 89,780 Crore Sanctioned In Maharashtra: Centre

  20-12-2025 11:09 via zeenews.india.com
  To enhance passenger carrying capacity, 238 rakes of 12 cars each with doors have been sanctioned under MUTP-III and IIIA at a cost of Rs 19,293 crore.
  
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• World Bank funding boost for Pakistan: $700m tranche approved under multi-phase plan

  20-12-2025 10:47 via timesofindia.indiatimes.com
  
  The World Bank has approved $700 million in fresh financing for Pakistan to bolster macroeconomic stability and enhance public service delivery. This funding, part of a larger $1.35 billion program, will support federal initiatives and a provincial project in Sindh, signaling continued multilateral support despite governance concerns.
  
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• RBI Likely To Pause Rate Cuts Amid New CPI Series Unless Growth Falters: Report

  20-12-2025 10:35 via zeenews.india.com
  The next meeting of the MPC is scheduled post-budget, alongside a new CPI series with a change in base and restructuring in the weight diagrams.  
  
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• Infosys stock shock! Why did ADRs jump nearly 40% in minutes on NYSE? Explained

  20-12-2025 10:13 via timesofindia.indiatimes.com
  
  US-listed Infosys shares surged nearly 40% in minutes, briefly adding billions to its market value and triggering a NYSE trading halt due to extreme volatility.The rapid, unexplained rally, occurring during low liquidity, is being attributed to a potential short squeeze or a data error mislabeling the ticker.
  
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• Government invites public suggestions to shape Union Budget 2026-27

  20-12-2025 09:19 via timesofindia.indiatimes.com
  
  The Government of India is seeking suggestions for the upcoming Budget 2026 from the general public to help make new rules and plans for the country. According to a post on X by MyGovIndia, the government encouraged people to participate in this important task.
  
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• Key Amendments In PFRDA Rules Give More Freedom To National Pension System Subscribers

  20-12-2025 09:04 via zeenews.india.com
  These changes are part of the PFRDA's work "to promote old-age income security and protect the interests of subscribers." The authority wants to make the NPS more inclusive and easier for everyone to use. By making these updates, the PFRDA aims to make the system more responsive to what people need.
  
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• India’s telecom sector surges in 2025! 5G rollout reaches 85% of population

  20-12-2025 08:40 via timesofindia.indiatimes.com
  
  India's telecom sector concluded 2025 with significant advancements in digital connectivity and infrastructure. The National Broadband Mission 2.0 accelerated high-speed internet access nationwide, while 5G services now reach nearly the entire population. A major achievement includes developing indigenous 4G technology, bolstering India's self-reliance and manufacturing capabilities.
  
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• Elon Musk's Tesla Pay Deal Reinstated: World's Richest Man To Receive 2018 Pay Package After Years-Long Battle With Delaware Judge; Check His Net Worth

  20-12-2025 08:08 via zeenews.india.com
  Elon Musk's 2018 Tesla Pay Deal Reinstated: Tesla awarded Musk a new pay package that could be worth $1 trillion if the stock rises as he and the company expect. He is also the main shareholder of SpaceX, which he plans to take public next year. If that happens, it could make him even richer.
  
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• Elon Musk's Tesla Pay Deal Reinstated: World's Richest Man To Receive 2018 Pay Package After Years-Long Battle With Delaware Judge; Check His Net Worth

  20-12-2025 08:03 via zeenews.india.com
  Elon Musk's 2018 Tesla Pay Deal Reinstated: Tesla awarded Musk a new pay package that could be worth $1 trillion if the stock rises as he and the company expect. He is also the main shareholder of SpaceX, which he plans to take public next year. If that happens, it could make him even richer.
  
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