Business

Export to Venezuela less than 1 per cent of total exports: Bajaj Auto

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Bajaj Auto has stated that its exports to Venezuela represent less than 1% of its total overseas shipments. This clarification comes after the US captured ...

Rice production milestone! India overtakes China as top global producer; output hits 150mn tonnes

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India has become the world’s largest rice producer, surpassing China with an output of 150.18 million tonnes. This achievement follows the release of 184 new ...

Housing inventory: Unsold homes rise 4% across top cities; new supply continues to outpace demand

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Unsold housing inventory in India’s top seven cities rose 4% last year, reaching over 5.76 lakh units as new supply outpaced buyer demand. Housing sales ...

Cigarette tax hike: Experts warn of surge in illicit trade; fear major revenue losses for government

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Experts warn that a significant tax hike on cigarettes, coupled with a new excise duty structure, could fuel illicit trade and lead to substantial revenue ...

Insurance mis-selling: Irdai flags sharp rise in unfair practice complaints

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Mis-selling remains a significant concern in India’s insurance sector, with complaints related to unfair business practices rising sharply in FY25. The regulator is urging insurers ...

Adani Group officially commences 570 MW Wangchhu hydro power project in Bhutan

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Group has commenced the 570 MW Wangchhu Hydro Electricity Project in Bhutan, which was initially announced in early September 2025. The foundation stone for the ...

Trump says US to ‘run’ Venezuela, tap its crude reserves: Why it won’t matter much for India’s oil bill

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US President Donald Trump has said America is taking temporary control of Venezuela, aiming to tap its vast oil reserves. Despite holding the world’s largest ...

US strikes Venezuela: Will the crisis have any ‘meaningful impact’ on India? GTRI advises caution

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India’s economy and energy security remain unaffected by the Venezuelan crisis, according to GTRI. Despite past significant crude oil imports, New Delhi has drastically reduced ...

Anticipate government to go for 10% capex growth in budget: L&T CFO

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Larsen & Toubro’s CFO R Shankar Raman anticipates a 10% rise in capital expenditure for FY27, expressing confidence that ample system liquidity will support government ...

Bandhan Bank loans grow 10% to Rs 1.45 lakh crore in December quarter; deposits up 11%

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Bandhan Bank saw a 10 percent rise in loans and advances for the December 2025 quarter. Total deposits grew by 11.1 percent year-on-year. Retail deposits ...