India clocks highest industrial growth in two years on robust manufacturing| Business News

India’s industrial growth in November was the fastest in two years, on the back of strong manufacturing and mining activity. India’s industrial output in April-November grew 3.3% as compared to a revised increase of 4.1% a year earlier, according to government data. (Mint Archives) The index of industrial production (IIP)—which measures factory output in the […]

Will 100% FDI amendment make insurance affordable in India?| Business News

For decades, India’s insurance challenge has been one of awareness, purchasing power parity and trust. A sustained focus on urban markets and standardised products led to low penetration, limited risk capacity and persistent protection gaps. This left numerous households uninsured. Image for representational purposes only. (Unsplash) The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) […]

India to assume chair of global diamond watchdog Kimberley Process from Jan 1| Business News

NEW DELHI: India will assume chairmanship of the UN-backed global forum Kimberley Process (KP) to prevent trade of conflict diamonds from January 1 for the third time, Union commerce and industry minister Piyush Goyal said. FILE PHOTO: Diamonds are displayed during a visit to the De Beers Global Sightholder Sales (GSS) in Gaborone, Botswana November 24, 2015 […]

India approves three new airlines amid IndiGo crisis that crippled local aviation| Business News

The government has approved two new airlines after the IndiGo flight crisis brought aviation to a virtual standstill in India. Union Minister of Civil Aviation Kinjarapu Ram Mohan Naidu. (ANI) Al Hind Air and FlyExpress have received no objection certificates from the civil aviation ministry to start operations, Minister Kinjarapu Ram Mohan Naidu wrote on […]

India bonds rally most in 4 months on RBI’s ‘shock-and-awe’ cash-injection plan| Business News

Indian bonds rallied the most in four months on Wednesday after the central bank announced fresh measures to boost banking-system liquidity, including government bond purchases and a foreign-exchange swap. The liquidity infusion is expected to offset cash drain from the RBI’s dollar sales to support the rupee, Asia’s worst-performing currency this year. (Mint) The Reserve […]

Japan’s Sumitomo Realty puts India bet on Mumbai and serviced apartments

By Dhwani Pandya FILE PHOTO: A construction worker looks on at a construction site by Goisu Realty, the Indian subsidiary of the Japanese company Sumitomo Realty & Development Company in Mumbai, India, November 26, 2025. REUTERS/Francis Mascarenhas/File Photo (REUTERS) MUMBAI, Dec 18 (Reuters) – Japan’s Sumitomo Realty and Development, the country’s third-largest developer, plans to […]

IKEA deepens India push, to begin online deliveries in Goa from December 16

IKEA, the Swedish home furnishings retailer, has announced its entry into Goa through online deliveries. Starting December 16, customers can shop from a range of over 6,400 products via the IKEA app, the IKEA.in website, or shop-by-phone assistance, the company said on December 15. IKEA, has announced its entry into Goa through online deliveries (Photo […]