Economy news

• Power push: India emerges as preferred hub for data centres, says Piyush Goyal

  15-12-2025 18:36 via timesofindia.indiatimes.com
  
  India's robust national power grid, boasting 500 GW capacity, positions it as a prime destination for substantial data center investments. Union Minister Piyush Goyal highlighted this advantage, noting ample electricity for all sectors. Major tech firms are already committing billions to India's AI and data infrastructure, signaling strong growth potential.
  
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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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• India Has 29,151 Electric Vehicle Charging Stations, 8,805 Fast-Charging Ones: Govt

  16-12-2025 12:21 via zeenews.india.com
  India now has 29,151 electric vehicle charging stations (EVCS) all over the country, the Parliament was informed on Tuesday.
  
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• Bumper returns from HAL! This defence PSU stock emerges ‘most consistent’ and ‘all-round’ wealth creator in last 5 years; check top 10 list

  16-12-2025 12:03 via timesofindia.indiatimes.com
  
  Hindustan Aeronautics (HAL) has been crowned the most consistent and all-round wealth creator stock over the past five years, outperforming the Nifty Total Return Index annually.A new report highlights HAL's impressive 75% Total Return CAGR, with PSU stocks notably leading wealth creation in this period.This defence giant's performance is a significant achievement, making it a standout investment.
  
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• MG Hector Facelift Launched At Rs 11.99 lakh; Check All Features, Upgrades, Engine Options And Rivals

  16-12-2025 11:45 via zeenews.india.com
  MG Hector Facelift: MG Motor has officially launched the facelifted version of the Hector in India. The updated SUV is priced from Rs 11.99 lakh (ex-showroom). 
  
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• Markets End Lower On Weak Global Cues; Sensex Slips 533 Points

  16-12-2025 11:34 via zeenews.india.com
  At the close of trade, the Sensex slipped 533.50 points, or 0.63 per cent, to settle at 84,679.86, while the Nifty declined 167.20 points, or 0.64 per cent, to end at 25,860.10.
  
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• New insurance bill 2025: 100% FDI, protection for policyholders & more — Top things to know about Sabka Bima Sabki Raksha Bill

  16-12-2025 11:22 via timesofindia.indiatimes.com
  
  A new bill, Sabka Bima Sabki Raksha, has been introduced in Parliament. This aims to transform India's insurance sector. Foreign investment limits will rise to 100 percent. New licenses for specific insurance types will be available. The goal is universal insurance coverage by 2047. This reform seeks to boost growth and policyholder protection.
  
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• Rupee Depreciation Influenced By Multiple Factors, Including US Trade Pact Developments: Minister

  16-12-2025 10:43 via zeenews.india.com
  The Indian rupee broke a historic barrier by crossing 90 against the US dollar this month.
  
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• India’s GDP Growth Expected To Accelerate To 7.5% In FY27: Report

  16-12-2025 10:40 via zeenews.india.com
  Axis Bank expects India to grow faster than most global peers and even above market expectations, making it the world’s fastest-growing large economy.
  
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• Gold price today: How much yellow metal costs in Delhi, Mumbai and other cities? Check rates for 18K, 22K and 24K gold

  16-12-2025 10:22 via timesofindia.indiatimes.com
  
  Gold prices saw a decline in futures trade as traders booked profits and awaited the US non-farm payrolls report for clues on the Federal Reserve's interest rate path. Both MCX and Comex gold futures experienced decreases, with international prices snapping a three-day winning streak.
  
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• India Leads AI‑Forward Payroll Market Innovation Globally: Report

  16-12-2025 10:12 via zeenews.india.com
  Real-time dashboards will enable leaders to track attendance patterns, overtime usage, and absenteeism, transforming operational data into strategic insights. 
  
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