Economy news

• PM-KUSUM Records Huge Implementation Progress With 10,203 Mw Installed Till November

  10-12-2025 11:26 via zeenews.india.com
  As of November 30, Rs 7,106 crore has been released to states based on demands received from them, according to an official statement.
  
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• Samsung wants India to lead global design, production and innovation efforts

  11-12-2025 20:01 via timesofindia.indiatimes.com
  
  Celebrating three decades in India, Samsung is deepening its manufacturing, design, and innovation initiatives, aiming to build and innovate products for the world from India. The company, which has filed 14,000 patents from India, is focusing its future vision on AI to drive smart homes and connected living, contributing to a digitally-empowered nation.
  
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• US labour market trend: Jobless claims surge to 236,000; Fed flags deeper hiring weakness

  11-12-2025 18:57 via timesofindia.indiatimes.com
  
  US jobless claims surged last week, exceeding expectations, though still within historical lows. Despite this, the Federal Reserve cut interest rates, signaling concerns about weakening job market momentum. Hiring has also slowed, creating a challenging environment for job seekers, with some major companies announcing layoffs.
  
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• SpaceX IPO: Investors brace for ‘craziest IPO ever’; why Elon Musk’s $1.5–2 trillion debut is stirring frenzy

  11-12-2025 18:48 via timesofindia.indiatimes.com
  
  SpaceX is reportedly exploring an IPO next year, with potential valuations exceeding $1 trillion, sparking excitement for what could be the "craziest IPO in history." Despite Elon Musk's controversial leadership and the space sector's inherent risks, investors are drawn to SpaceX's established launch business and growing Starlink network, anticipating substantial demand.
  
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• Multibaggers alert! These 30 stocks poised to benefit from India’s multi-decade growth story - Motilal Oswal shares list

  11-12-2025 18:28 via timesofindia.indiatimes.com
  
  India's economy is poised for a significant boom, potentially reaching $16 trillion by 2042, according to Motilal Oswal. This growth, driven by consumption and investment, is expected to elevate the corporate sector.The firm has identified 30 companies across various sectors, including autos, financials, and capital goods, positioned to capitalize on this multi-decade expansion and wealth creation opportunity.
  
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• Trade shift: US deficit shrinks to 2020 low; tariff hikes reshape import flows

  11-12-2025 17:31 via timesofindia.indiatimes.com
  
  US trade deficit shrinks unexpectedly to its lowest point since 2020, driven by altered import patterns following President Trump's tariff hikes. Exports saw a rise, while imports saw a slight increase. This data, delayed by a government shutdown, suggests tariffs are impacting trade flows, though analysts advise caution on the long-term implications.
  
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• Rupee slide continues: INR hits all-time low of 90.32 against dollar; US-India trade-deal delays and dollar demand weigh

  11-12-2025 16:45 via timesofindia.indiatimes.com
  
  The Indian rupee hit an all-time low of 90.32 against the US dollar, dropping 38 paise amid trade deal uncertainties and foreign fund outflows. Delays in the India-US trade agreement, coupled with importer demand for dollars, pressured the currency. Despite positive domestic markets, the rupee faced significant headwinds, with analysts anticipating continued weakness.
  
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• India must overcome bottlenecks to raise quantity, quality of workforce participation: NCAER report

  11-12-2025 16:19 via timesofindia.indiatimes.com
  
  An NCAER report highlights that India must address bottlenecks to boost workforce participation and labour productivity. Skilling and small enterprises are identified as crucial for job creation, with a call to enhance productivity in these sectors to sustain economic growth and achieve inclusive development.
  
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• US markets today: Oracle slump drags S&P 500 lower; most stocks rise as yields ease

  11-12-2025 16:10 via timesofindia.indiatimes.com
  
  US stocks saw a mixed performance on Thursday, with the S&P 500 and Nasdaq declining while the Dow Jones Industrial Average edged higher. Oracle's significant drop, down 14.5%, weighed heavily on the market due to investor concerns about its AI spending and funding. Meanwhile, easing Treasury yields offered some support to other equities.
  
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• ‘If US happy with India's offer…’: Goyal reacts to Trump admin’s ‘best ever’ offers view; says America should sign agreement

  11-12-2025 16:05 via timesofindia.indiatimes.com
  
  Commerce Minister Piyush Goyal welcomed US praise for trade deal offers, urging the US to finalize the agreement if satisfied.Despite no timeline, Goyal highlighted ongoing discussions and the mutual benefit required for any deal.
  
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• New labour codes: Does your salary & wage definition, PF contribution, ESI, gratuity payout & bonus change? Explained

  11-12-2025 15:30 via timesofindia.indiatimes.com
  
  New labour codes are set to redefine wage calculations, impacting salary structures, PF contributions, and gratuity payouts. The broader definition of 'wages' means more components will be included, potentially increasing employee benefits and employer liabilities. Fixed-term employees now qualify for gratuity after one year of service.
  
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• Price Of LPG In India Is Much Lower Than Pakistan, Sri Lanka & Nepal: Hardeep Puri

  11-12-2025 15:20 via zeenews.india.com
  In order to provide more LPG for cooking in rural and remote areas, oil marketing companies (OMCs) have commissioned 8,017 distributorships, from April 1, 2016, to October 31, 2025, across the country, out of which 7,420 (i.e. 93 per cent) are catering to rural areas. 
  
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• Cybercrime surge: CBI flags Myanmar's ‘digital arrest’ rackets; chargesheet reveals slave compounds, cross-border control

  11-12-2025 15:05 via timesofindia.indiatimes.com
  
  Myanmar and its neighbors are now major hubs for digital arrest cyber-fraud networks, coercing trafficked Indians into running call-center scams. CBI investigations reveal extensive cross-border connections and foreign-controlled bank accounts used to collect victim funds, aligning with broader cyber-slavery network probes.
  
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• Trump's $1 million Gold card: What does it mean for Indians, EB-5 visa aspirants? What you should know

  11-12-2025 14:15 via timesofindia.indiatimes.com
  
  US President Donald Trump has launched a new Gold Card program, requiring a $1 million donation for individuals or $2 million for corporations to gain legal status and a path to citizenship. This initiative aims to attract exceptional talent and generate government revenue, presenting an alternative to the EB-5 visa system.
  
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• Income tax refund delays: Why many ITRs are still pending; is your return stuck due to these common mistakes?

  11-12-2025 13:48 via timesofindia.indiatimes.com
  
  Income tax refunds are delayed due to filing errors, high-value claim checks, and incomplete taxpayer verification. Common issues include unverified returns, defective filings, and incorrect bank details.Taxpayers must respond to notices promptly and avoid inflated claims to ensure timely refunds. Check your refund status on the income tax portal.
  
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• Ethanol Mixing In Petrol Shows No Adverse Impact On Cars: Nitin Gadkari

  11-12-2025 13:36 via zeenews.india.com
  The use of ethanol-blended petrol has helped the country save more than Rs 1.40 lakh crore in foreign exchange while also benefiting farmers, Union Road Transport and Highways Minister Nitin Gadkari informed the Lok Sabha on Thursday.
  
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• Rural deposit boom: Fixed deposits surge 14% in villages; metros lose momentum as savers shift to market products

  11-12-2025 13:03 via timesofindia.indiatimes.com
  
  Rural India is now leading the nation's fixed deposit expansion. This marks a significant shift from past trends where metropolitan areas drove deposit growth. Rural FD balances have seen a substantial increase, outpacing growth in metro centres. This trend is attributed to rising rural incomes and a preference for safety in these areas.
  
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• New Labour Codes Explained: Will Your Salary Drop? Here’s What Govt Says

  11-12-2025 13:00 via zeenews.india.com
  Employees who currently contribute Rs 1,800 to PF, which is 12 per cent of the Rs 15,000 statutory wage limit will notice no change in their take-home salary. For those whose basic salary is below Rs 15,000, PF deductions may rise slightly if their basic pay increases, but only up to the Rs 15,000 ceiling. 
  
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• New 2026 MG Hector First Teaser Out - Debut On 15th December

  11-12-2025 12:46 via zeenews.india.com
  2026 MG Hector: JSW MG Motor India is preparing to introduce the updated Hector and Hector Plus on December 15, 2025. 
  
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• NSE Warns Investors Against 5 Individuals Running Unauthorised Investment Tip Channels

  11-12-2025 12:32 via zeenews.india.com
  The exchange said that these persons offer to handle investors' trading accounts, assuring them guaranteed returns. They operate through YouTube channels -- Profit Trading, Trade Room Official, Profit Maximisers and other social media and communication channels.
  
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• Banking charges update: RBI weighs uniform disclosure template; lenders begin reviewing regulator’s proposals

  11-12-2025 12:12 via timesofindia.indiatimes.com
  
  The Reserve Bank of India is pushing for uniform service charge disclosures and fee consolidation among banks. Discussions are underway to standardize fee structures, particularly for loan processing, and to identify services consistently available across all branches. This move aims to enhance customer transparency and streamline banking charges nationwide.
  
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• Kolhapuri chappal row: Prada to team up with Indian artisans; launch limited-edition sandals

  11-12-2025 11:55 via timesofindia.indiatimes.com
  
  Prada is collaborating with Indian artisans for a limited-edition sandal collection, following criticism for designs resembling traditional Kolhapuri chappals.The luxury brand will produce 2,000 pairs in Maharashtra and Karnataka, blending Indian craftsmanship with Italian techniques. This initiative aims to elevate global recognition for the craft and ensure fair compensation for artisans.
  
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• After US, Mexico Slaps Up To 50% Import Duties On Goods From India And Other Asian Nations

  11-12-2025 11:48 via zeenews.india.com
  As per a report in the established Mexican news outlet El Universal, Mexico's Senate, the country's upper house of Parliament on Wednesday (local time)  modified various tariff classifications of the General Import and Export Tax Law to impose duties ranging from 5 to 50 per cent on goods ranging from everyday consumer goods such as clothing, footwear, appliances, and furniture.
  
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• Sensex, Nifty Rebound After Fed Rate Cut, End 3-Day Losing Streak

  11-12-2025 11:41 via zeenews.india.com
  The move boosted investor sentiment and lifted key indices across the board. At the closing bell, the Sensex closed 426.86 points higher at 84,818.13, gaining 0.51 per cent.
  
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• Indian Railways Ticket Booking Rule Change BIG Update: Aadhaar OTP Verification Now In 322 Trains For IRCTC Tatkal Tickets; 3 Cr Fake User IDs Busted

  11-12-2025 11:22 via zeenews.india.com
  To curb misuse and improve fairness, Aadhaar-based OTP verification for online Tatkal ticket booking is now operational in 322 trains, and due to this, the confirmed Tatkal ticket availability time has increased by about 65 per cent in these trains, the Parliament was informed on Thursday.
  
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• Foreign exchange risk alert: Fitch warns rupee fall could hit ratings; which Indian firms face the biggest exposure?

  11-12-2025 11:17 via timesofindia.indiatimes.com
  
  Indian companies with insufficient foreign-exchange hedging face potential rating downgrades if the rupee weakens significantly, Fitch Ratings warned. Sectors like renewables, power, and toll roads, heavily reliant on foreign debt and lacking natural hedges, are most at risk. A sharp rupee fall could escalate hedging costs and strain finances, impacting credit profiles.
  
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• No Significant Lapses Spotted In DGCA Audit Of Major Airports: Minister

  11-12-2025 11:04 via zeenews.india.com
  No significant lapses were observed during the DGCA’s recent surveillance audit at major airports, and all observations were categorised as Level II and communicated to the aerodrome operators concerned and subsequently closed after the completion of action by them, the Parliament was informed on Wednesday. 
  
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• Tariff war: After US, Mexico imposes up to 50% import duties on India, other Asian countries — which sector hit the hardest?

  11-12-2025 10:47 via timesofindia.indiatimes.com
  
  Mexico has approved significant tariff hikes, up to 50%, on imports from India, China, and other Asian nations starting in 2026 to protect its domestic industry. The move, affecting around 1,400 product lines including auto parts and vehicles, aims to boost local manufacturing and jobs, though it faces opposition from affected countries and business groups.
  
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• Indian Railways 2nd largest Freight-Carrying Rail Network In World: Minister

  11-12-2025 10:28 via zeenews.india.com
  The government has informed that freight loading increased from 1,233 million tonnes (MT) in 2020-21 to 1,617 MT in 2024-25, making Indian Railways the second-largest freight-carrying rail network in the world.
  
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• Rupee hits new record low: Currency weakens to 90.46 versus US dollar; RBI likely intervened to stem fall

  11-12-2025 09:45 via timesofindia.indiatimes.com
  
  The Indian rupee hit a new low against the US dollar, breaching the 90 mark again due to trade deal challenges and corporate demand.Despite a weakening dollar globally, the rupee has fallen over 5% this year.
  
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