Category: BUSINESS

  • Officers Deployed at 10 Major Airports for Inspection Amid IndiGo Crisis

    Officers Deployed at 10 Major Airports for Inspection Amid IndiGo Crisis

    New Delhi , December 9, 2025:
    The Directorate General of Civil Aviation (DGCA) has deployed officers at 10 major airports across the country to conduct inspections amid the ongoing IndiGo airline crisis. The move comes following multiple complaints regarding flight delays, cancellations, and operational lapses affecting passengers in recent weeks.

    DGCA officials will assess operational procedures, safety compliance, and on-ground management to ensure passenger safety and service standards are maintained. Authorities have urged airlines to cooperate fully during the inspections and assured the public that corrective measures will be implemented to address the issues raised, aiming to restore confidence in domestic air travel.

  • PM Modi Hails India’s 8% GDP Growth, Says Economy Showing New Momentum

    PM Modi Hails India’s 8% GDP Growth, Says Economy Showing New Momentum

    New Delhi | December 9, 2025:
    Prime Minister Narendra Modi on Tuesday hailed India’s strong economic performance, stating that the country’s 8 percent GDP growth in the second quarter reflects a “new momentum” in the national economy. Addressing a leadership summit, the Prime Minister said India is emerging as a major driver of global growth despite worldwide economic uncertainty.

    He credited structural reforms, infrastructure expansion, and strong domestic demand for the positive trend. PM Modi also expressed confidence that India will continue on the path of rapid development, creating more jobs and improving the standard of living for people across the country.

  • GST Cuts and Continued Offers Defy November Sales Slowdown

    GST Cuts and Continued Offers Defy November Sales Slowdown

    December 8, 2025, New Delhi

    Recent GST rate cuts and continued festive-style offers have helped retail sales defy the usual November slowdown, bringing much-needed momentum to the consumer market. Retailers across electronics, automobiles, and household goods reported stable to improved sales as shoppers took advantage of tax relief and extended discount campaigns.

    Industry experts said the combination of lower prices, flexible payment options, and year-end promotions encouraged consumers to spend despite economic uncertainties. The sustained demand has boosted business confidence, with many retailers expecting this positive trend to continue into the New Year, especially during clearance and Republic Day sale seasons.

  • HD Hyundai Moves Forward to Build Major Shipyard in India

    HD Hyundai Moves Forward to Build Major Shipyard in India

    December 8, 2025, New Delhi

    South Korean industrial giant HD Hyundai has moved forward with plans to establish a large-scale shipyard in India, marking a major boost to the country’s shipbuilding and manufacturing sector. The project is expected to support India’s long-term maritime development goals and strengthen its position as a global shipbuilding hub.

    Officials said the proposed shipyard will focus on the construction of commercial vessels, defense ships, and green-energy ships, while also generating thousands of direct and indirect jobs. Industry experts believe this move will enhance technology transfer, improve domestic production capacity, and attract further foreign investment into India’s coastal infrastructure and heavy engineering industries.

  • Indian and Asia-Pacific Banks Maintain Stronger Financial Position

    Indian and Asia-Pacific Banks Maintain Stronger Financial Position

    December 8, 2025,Mumbai

    Banks across India and the Asia-Pacific region continue to maintain a stronger financial position, supported by improved asset quality, stable capital buffers, and controlled levels of bad loans. Financial analysts note that strict regulatory measures, better risk management practices, and steady economic growth have helped banks remain resilient despite global economic uncertainties.

    Indian banks, in particular, have shown solid credit growth, improved profitability, and healthier balance sheets compared to previous years. Experts say that while global challenges such as inflation, geopolitics, and interest rate fluctuations remain, the overall outlook for the banking sector in India and the Asia-Pacific region continues to remain stable and positive.

  • LG Energy Solution Seals $1.4 Billion EV Battery Deal With Mercedes-Benz

    LG Energy Solution Seals $1.4 Billion EV Battery Deal With Mercedes-Benz

    December 8, 2025,Seoul, South Korea

    LG Energy Solution has signed a major $1.4 billion deal with Mercedes-Benz to supply electric vehicle (EV) batteries, marking a significant boost to the global EV supply chain. Under the agreement, LG Energy will provide advanced battery technology for Mercedes-Benz’s upcoming electric vehicle models, strengthening the German automaker’s shift towards sustainable mobility.

    The deal is expected to enhance long-term collaboration between the two companies in clean energy and electric transportation. Industry experts say this partnership will not only support Mercedes-Benz’s ambitious EV roadmap but also reinforce LG Energy Solution’s position as a global leader in battery manufacturing. The agreement is also expected to create new opportunities in innovation, production expansion, and green technology development.

  • Starlink India Prices Officially Announced as Website Goes Live

    Starlink India Prices Officially Announced as Website Goes Live

    December 8, 2025,Bengaluru

    Starlink has officially launched its website in India and announced pricing for its satellite internet service, marking a significant step in expanding high-speed connectivity across the country. The service is now open for registration, providing users in urban and remote areas access to reliable internet with low latency.

    Company officials highlighted that Starlink aims to bridge the digital divide in India, offering consistent internet performance even in regions where conventional broadband options are limited. Early adopters have expressed excitement over the prospect of high-speed connectivity for work, education, and entertainment, signaling strong interest in the service’s Indian rollout.

  • Rupee to Open Steady but Outlook Fragile After Fall Past 90

    Rupee to Open Steady but Outlook Fragile After Fall Past 90

    December 8, 2025,Mumbai

    The Indian rupee is expected to open steady against the US dollar, following its recent fall past the 90-mark, which has raised concerns among traders and investors. Analysts say that while short-term stability is likely, the currency remains vulnerable to global market volatility, crude oil prices, and foreign fund flows.

    Market experts noted that factors such as rising US interest rates, inflationary pressures, and geopolitical tensions could continue to influence the rupee’s performance. Investors are advised to monitor both domestic economic indicators and international developments closely, as the outlook remains fragile despite a temporarily steady opening.

  • ICICI Prudential AMC IPO GMP Update: Premium Signals 6% Upside Ahead of Launch

    ICICI Prudential AMC IPO GMP Update: Premium Signals 6% Upside Ahead of Launch

    December 8, 2025,Mumbai

    The Grey Market Premium (GMP) for the upcoming ICICI Prudential AMC IPO is currently indicating a 6 percent upside over the issue price, reflecting positive investor sentiment ahead of the public offering. Market watchers say the steady demand in the unofficial market suggests healthy interest from retail as well as institutional investors before the IPO opens for subscription.

    Analysts believe that the strong brand value of ICICI Prudential, consistent financial performance, and long-term growth potential of the asset management industry are key factors driving the optimistic response. However, experts also advise investors to consider overall market conditions, company fundamentals, and valuation before making investment decisions.

  • Top Industry Shake-Ups of 2025 and Where the Jobs Will Be in 2026

    Top Industry Shake-Ups of 2025 and Where the Jobs Will Be in 2026

    December 8, 2025,New Delhi The year 2025 witnessed major shake-ups across key industries, driven by rapid advances in artificial intelligence, automation, green energy, and digital transformation. Traditional sectors like IT services, manufacturing, and retail underwent large-scale restructuring, while newer fields such as AI development, cybersecurity, electric vehicles (EVs), renewable energy, and space technology saw massive expansion. Several companies shifted to leaner business models, leading to job losses in some areas and strong hiring in emerging domains.

    Looking ahead to 2026, experts predict a surge in employment opportunities in AI engineering, data science, cloud computing, EV manufacturing, battery technology, healthcare technology, and fintech. Demand for skilled professionals in green energy, robotics, and semiconductor manufacturing is also expected to rise sharply. Career analysts advise students and job seekers to focus on future-ready skills such as coding, automation, AI tools, digital marketing, and sustainability technologies to stay competitive in the evolving global job market.