Business

Coforge-Encora deal: IT firm to acquire AI player Encora for $2.35 bn; PE investors to hold one-fifth stake

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Coforge has announced acquisition of Silicon Valley-based AI firm Encora. The all-stock deal is valued at $2.35 billion. The combined entity will form a substantial ...

Steel inputs squeeze: Curbs on low-ash coke raise costs for makers; GTRI highlights input-side challenges

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India’s steel sector faces rising costs due to policy mismatches, with tightened controls on low-ash metallurgical coke imports. This restricts access to a critical input, ...

Forex watch: India’s reserves rise $4.36 billion to $693 billion; gold holdings lead weekly gains

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India’s foreign exchange reserves surged by $4.368 billion to $693.318 billion in the week ending December 19, reaching a recent high. This significant increase was ...

Mobility infra shift: RRTS can reshape urban travel and spur decentralised growth; Knight Frank flags investment, housing opportunities

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A new report by Knight Frank highlights the Regional Rapid Transit System (RRTS) as a transformative force for urban mobility and decentralized economic growth. No ...

Jewellery, rugs & toys power growth! India’s creative goods exports rise in FY26; UAE emerges top market

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India’s creative goods exports surged 7.3% to $12.5 billion in April-October FY26, driven by fashion accessories, jewellery, carpets, and toys. The UAE emerged as the ...

FII selloff: Rs 2 lakh crore pulled out from six sectors; will the bleeding stop in 2026?

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Foreign investors have significantly reduced their Indian equity holdings in 2025, withdrawing nearly Rs 2 lakh crore, particularly from IT, FMCG, and power sectors. No ...

New BIS standard for Incense Sticks: Govt bans certain substances; flags ‘potential impact on human health’

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India has introduced a new quality standard for incense sticks (agarbatti), banning harmful insecticidal chemicals and synthetic fragrance intermediates. Developed by BIS, this aims to ...

Your money in 2026: Maintain allocation to gold and silver in 2026 – here’s why

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Gold and silver can continue to play a useful role in portfolios in 2026. But investors should guard against the mistake of extrapolating recent returns ...

From leading defence importer to exporter: Make in India, for the world – how 2025 was the year of reforms

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2026 is on the horizon that builds on the foundation to achieve self-reliance and supply chain resilience, enhanced localisation, integration of legacy systems with emerging ...