Category: BUSINESS

  • PM Modi Hails 8.2% GDP Growth as Proof of India’s Economic Strength

    PM Modi Hails 8.2% GDP Growth as Proof of India’s Economic Strength

    New Delhi, November 29, 2025 — Prime Minister Narendra Modi on Friday welcomed India’s robust 8.2% GDP growth for the second quarter of the current financial year, calling it a strong reflection of economic stability and reform-driven progress. He said the growth figures show rising domestic demand, improving manufacturing output, and stronger investor confidence.

    The Prime Minister added that the government remains focused on job creation, infrastructure development, and boosting small and medium enterprises. He expressed confidence that India will continue to remain among the world’s fastest-growing major economies in the coming years.

  • We Are Beginning to See the Results: Economist Signals Turning Point for India’s Economy

    We Are Beginning to See the Results: Economist Signals Turning Point for India’s Economy

    New Delhi, November 29, 2025 — A leading economist on Friday said that India is now “beginning to see the results” of key economic reforms and policy measures taken over the last few years. The remarks come amid improving macroeconomic indicators, rising investments, and steady growth in consumption across major sectors.

    The economist highlighted that controlled inflation, stronger tax collections, and increasing manufacturing output are signs of structural stability returning to the economy. Experts believe that if global conditions remain supportive, India could witness sustained growth momentum in the coming quarters, strengthening its position among the world’s fastest-growing major economies.

  • India Q2 GDP Under Watch as Trump’s Tariff Woes Threaten to Slow Economic Momentum

    India Q2 GDP Under Watch as Trump’s Tariff Woes Threaten to Slow Economic Momentum

    New Delhi | November 28, 2025 — India’s Q2 GDP data is in sharp focus today amid rising global concerns that renewed tariff pressures under former US President Donald Trump’s trade stance could weigh on India’s economic growth. Economists are cautiously optimistic but warn that turbulence in global trade, weakening exports, and uncertainty in international markets may reflect in the July–September growth numbers.

    Experts say sectors like IT services, manufacturing, and exports could face short-term headwinds if protectionist policies intensify in the US. However, strong domestic consumption, infrastructure spending, and government-led capital expenditure may continue to provide crucial support to the economy. Investors and policymakers are closely tracking the Q2 data for cues on inflation trends, fiscal strategy, and future RBI policy decisions.

  • India Set for Strong Gains as Asian Markets Open on Positive Note

    India Set for Strong Gains as Asian Markets Open on Positive Note

    Mumbai | November 28, 2025 — Indian markets are poised for robust gains today, tracking positive momentum from key Asian indices. Optimism in the region comes amid easing geopolitical tensions and encouraging economic data, with investors showing renewed confidence in equities, particularly in the IT, banking, and energy sectors.

    Market analysts suggest that domestic factors such as stable inflation, supportive corporate earnings, and strong foreign institutional inflows are likely to sustain the bullish trend. Traders are also keeping a close watch on global commodity prices, currency movements, and central bank policy signals, which could further influence market sentiment in the coming sessions.

  • Microfinance Can Power Macro Progress, Says RBI Deputy Governor

    Microfinance Can Power Macro Progress, Says RBI Deputy Governor

    Mumbai | November 28, 2025 — Emphasising the transformative role of grassroots finance, a Reserve Bank of India (RBI) Deputy Governor said that microfinance has the potential to drive “macro progress” by empowering the poor and strengthening the rural economy. Speaking at a financial inclusion summit in Mumbai, the official highlighted how small-ticket loans and self-help groups are playing a crucial role in boosting entrepreneurship and income generation.

    The Deputy Governor noted that responsible lending, digital penetration, and stronger regulatory oversight are essential to ensure sustainable growth of the microfinance sector. He also stressed the need to protect borrowers from over-indebtedness while expanding access to affordable credit. Experts believe that a healthy microfinance ecosystem can significantly contribute to inclusive growth, job creation, and long-term economic stability in India.

  • Tax Body to Expand ‘NUDGE’ Campaign in December, Targeting 25,000 High-Risk Cases

    Tax Body to Expand ‘NUDGE’ Campaign in December, Targeting 25,000 High-Risk Cases

    New Delhi, November 17, 2025 : The Income Tax Department has announced plans to expand its ‘NUDGE’ campaign in December, focusing on 25,000 high-risk cases across the country. The initiative aims to encourage voluntary compliance and reduce instances of tax evasion by sending reminders and alerts to individuals and businesses under scrutiny.

    Officials stated that the campaign leverages data analytics and risk profiling to identify potential non-compliance early. By nudging taxpayers through timely communication, the department hopes to improve adherence to tax laws while minimizing the need for more stringent enforcement measures, reinforcing a culture of transparency and accountability.

  • No Cheers for Nifty’s Record High as Portfolio Gains Lag, Says Quant MF’s Sandeep Tandon

    Mumbai, November 27, 2025 : Despite Nifty hitting a record high, many investors are reporting that their portfolio gains are lagging behind market benchmarks. Sandeep Tandon, Chief Investment Officer at Quant Mutual Fund, explained that while headline indices have soared, selective sector performances and asset allocation strategies are impacting overall investor returns.

    Tandon emphasized the need for strategic diversification, noting that retail and institutional investors should focus on long-term fundamentals rather than short-term market highs. According to him, market rallies do not automatically translate into proportional portfolio gains, and investors should assess holdings in light of risk-adjusted performance.

  • CBDT Rolls Out ‘NUDGE 2.0’ to Boost Voluntary Tax Compliance and Data-Driven Monitoring

    CBDT Rolls Out ‘NUDGE 2.0’ to Boost Voluntary Tax Compliance and Data-Driven Monitoring

    New Delhi, November 27, 2025: The Central Board of Direct Taxes (CBDT) on Thursday launched the second phase of its taxpayer outreach programme, NUDGE 2.0, aimed at strengthening voluntary compliance through targeted digital communication and data analytics. The initiative will send personalised alerts to taxpayers to correct discrepancies in income reporting, high-value transactions and potential mismatches in tax filings.

    Under the new phase, the Income Tax Department will use artificial intelligence and advanced analytics to identify risk patterns while ensuring minimal manual intervention. Officials said that the programme is designed to encourage honest reporting without coercive action, improve trust between taxpayers and the department, and enhance overall revenue collection efficiency.

  • Apple Challenges India’s Antitrust Penalty, Stakes Could Reach $38 Billion

    Apple Challenges India’s Antitrust Penalty, Stakes Could Reach $38 Billion

    New Delhi, November 27, 2025

    Apple Inc. has legally challenged India’s antitrust penalty framework, which could potentially expose the tech giant to fines totaling up to $38 billion. The company argued that the provisions of the Competition Act and associated penalty calculations are disproportionate and unprecedented, and could impact foreign investment sentiment in India. The case has drawn significant attention from regulators, investors, and legal experts alike.

    The Competition Commission of India (CCI) had previously initiated investigations into Apple’s alleged anti-competitive practices in app distribution and pricing policies. Legal analysts note that the outcome of this challenge could set a landmark precedent for how global tech companies are regulated in India, influencing compliance strategies and market operations in the coming years.

  • Gold Prices Retreat After Two-Week High as Investors Book Profits

    Gold Prices Retreat After Two-Week High as Investors Book Profits

    Mumbai, November 27, 2025: Gold prices edged lower on Wednesday after hovering near a two-week high, as investors opted to book profits amid mixed global cues. The precious metal had gained in recent sessions on the back of safe-haven demand and expectations of softer interest rates, but the upward momentum cooled as markets turned cautious.

    Market experts said a firm US dollar and marginal recovery in global equities also contributed to the dip in gold prices. Meanwhile, investors continue to remain alert ahead of upcoming macroeconomic data and central bank signals, which are expected to play a crucial role in determining the near-term direction of bullion prices.