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The Quick Estimates of IIP reached 150.9, compared to 150.3 in October 2024. (AI image) October 2025 IIP: The Index of Industrial Production or IIP for the month of October slowed to 0.4% as against 4% in September, according to the latest government data. The reduced growth can be attributed to fewer working days due…
Representative image (AI-generated) NEW DELHI: The government on Monday said that over the past five years, more than two lakh private companies have been closed in India.According to data provided by Minister of State for Corporate Affairs Harsh Malhotra in a written reply to the Lok Sabha, a total of 2,04,268 private companies were shut…
NEW DELHI: State-owned oil marketing companies on Monday reduced the price of commercial LPG cylinders by Rs 10 per unit, offering relief to the hospitality sector.However, airlines are set to face renewed cost pressure as Aviation Turbine Fuel (ATF) prices were hiked for the third month in a row.With the latest revision, the price of…
GST collections: The Gross Goods and Services Tax (GST) collections for the month of November came in at over Rs 1.70 lakh crore. This is a rise of 0.7%, according to official data.SBI Research in a report in November had estimated that the gross domestic GST collections may come around Rs 1.49 lakh crore for…
Bitcoin fell sharply on Monday, slipping below $86,000 in early Asian trade as renewed selling hit the cryptocurrency market at the start of December.The world’s largest digital asset dropped by 6%. Ether also declined more than 7% to around $2,800, while other major tokens, including Solana also registered steep losses. Traders said that the broader…
One of the key changes is the wage redefinition, as this forms the base for all calculations under the codes. (AI image) By Parizad SirwallaIndia’s labour landscape is witnessing one of the most significant transformations in decades. As of 21 November 2025, most of the provisions under the four Labour Codes have been made effective….
Representative image (AI) CHENNAI: Chola MS General Insurance (Chola MS), the JV between Murugappa Group and Japan’s Mitsui Sumitomo Insurance Group, expects an improvement in Q3 and H2FY26 after posting drop in PAT in H1 FY26. It reported a gross written premium of `2,220cr in Q2 FY26 (`2,191cr in Q2 FY25) and a PAT of…
CHENNAI: Few brands have made inroads into every home, shop, and lantern-lit street in the country quite like Nippo, a household name known for its sturdy dry-cell batteries and everyday utility products. This reach stems from its founder’s vision — the late P Obul Reddy, believed in creating affordable, dependable products, and it transformed the…
Representative image (AI-image) NEW DELHI: The Indian rupee opened at 89.45 against the US dollar on Monday. It traded in a narrow range as gains from strong domestic equities were offset by rising crude oil prices, persistent foreign fund outflows and robust dollar demand from importers.The dollar index, which measures the greenback’s strength against a…
Representative image (ANI) NEW DELHI: Gold and silver opened strongly in domestic futures on Monday, driven by a softening dollar, expectations of a US Federal Reserve rate cut and a weaker rupee.Gold February futures traded at Rs 1,30,383 per 10 grams, up Rs 879 (0.68%), while silver March futures surged to a new peak of…
