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China’s industrial firms saw their profits drop by 13.1 per cent in November, from last year, marking the steepest decline in over a year. This fall came despite strong exports, putting focus on country’s ongoing economic struggles and increasing pressure for more government support. The National Bureau of Statistics released these figures on Saturday, as…
Silver prices surged over 15 per cent last week to reach Rs 2.42 lakh per kg in the nation’s futures market. This rally was driven by strong industrial demand, expected US interest rate cuts in 2026, and concerns about supply disruptions. The price surge was mirrored globally, with silver reaching an all-time high of $79.70…
The US Wall Street is hoping to mark a strong finish for the year, amid recent highs. The S&P 500 ended at a record high on Wednesday, ahead of the Christmas holiday , being just around 1 per cent short of the 7,000 mark for the first time.The S&P 500 is on track for its…
India must allow insolvency and bankruptcy to build dynamic, risk-taking economy: PM’s Economic Advisory Council member Sanjeev Sanyal NEW DELHI: India needs to be comfortable with people and companies going bankrupt, as continuous insolvency and bankruptcy are essential for building a risk-taking and dynamic economy, said Economic Advisory Council to the Prime Minister (EAC-PM) member…
This is a representative AI image (Credit: Chatgpt) As the curtain begins to fall in 2025, India’s economic story resists easy labels. Was it the year the country was squeezed by global trade wars and tariffs? Or was it a rare “Goldilocks” moment, marked by strong growth, low inflation and ample policy room to support…
Maglev train tested in China (Image taken from X) Chinese scientists have achieved a milestone in magnetic levitation technology. Researchers at China’s National University of Defence Technology successfully propelled a one-tonne vehicle to 700 kilometers per hour in just two seconds on a 400-meter test track, setting a new world record for superconducting electric maglev…
Foreign Institutional Investors (FIIs) are set to mark their biggest-ever exit from Indian stocks in 2025. They have pulled out Rs 1,58,407 crore, making it the largest withdrawal since they started investing in India. This record outflow combines Rs 2,31,990 crore in stock market sales and Rs 73,583 crore in primary market investments up to…
MUMBAI: Bengaluru-based regional carrier Star Air has announced a New Year promotional fare sale offering all-inclusive one-way tickets starting at Rs 1,799 on select routes, according to a press release issued by the airline.The limited-period offer, branded “New Year, New Horizons with Star”, is open for bookings from December 24 to December 31, 2025, with…
Saudi Arabia deported over 11,000 Indian workers in one year, mostly low-skilled labourers employed in construction, domestic work, and caregiving. In 2025, Gulf countries tightened the reins on migrant workers, with Saudi Arabia, UAE, and Bahrain collectively deporting thousands of Indian nationals. Overstays, visa violations, and work permit issues were the primary triggers, reflecting ongoing…
UP might soon be home to Taiwan Electrical & Electronic Manufacturers’ Association (Teema)’s technology park as the Uttar Pradesh Yamuna Expressway Industrial Development Authority (Yeida) is emerging as one of the key contenders for the proposed Indian facility, people familiar with the matter said.Foxconn chairman Young Liu, who currently heads Teema, and is part of…
