Page 1702 - Latest News

Rain deficit: Himachal sees 1 mm avg rain in Nov against normal of 19.7 mm

The state received 1 mm average rain in November 2025 against the month's normal of 19.7 mm

IIP growth slips to 14-month low of 0.4% in October as output weakens

India's industrial output slowed sharply to 0.4 per cent in October-the weakest in 14 months-hit by fewer working days, a decline in electricity generation

India's current account deficit moderates to 1.3% of GDP in Q2FY26

India's current account deficit narrowed sharply in Q2FY26 on lower trade gaps and strong remittances. But a spike in gold imports in October could push the Q3 deficit above 2.5 per cent of GDP

Best of BS Opinion: Turning up the music while the smoke thickens around us

Here are the best of Business Standard's opinion pieces for today

US tariffs weigh as manufacturing PMI slows to 9-month low in November

The headline HSBC purchasing managers index (PMI) figure, compiled by S&P Global, for November fell sharply to 56.6 from 59.2 in October

Seeing a blip: MGNREGA work demand is down nearly 32%, shows data

Some experts said that drop in demand is mainly due to an improvement in economic activity in rural areas

Seeds of hope: Sowing of rabi crops gathers further steam, shows data

Rabi sowing has crossed 39.3 million hectares, with strong gains in pulses and oilseeds as farmers leverage good soil moisture, better seeds and stable MSP cues to diversify beyond wheat

NCLT dismisses Chronos' ₹1,080 cr bid for IL&FS flagship BKC property

In its order, the tribunal held that the Letter of Intent (LoI) dated March 21, 2022, constitutes a concluded and binding contract between IL&FS and Chronos

EPFO disposes 99% of higher-pension cases under EPS after SC ruling

As per her reply, a total of 4,27,308 demand letters have been issued, out of which 34,060 cases have been found ineligible later on mainly due to non-remittance of demand amount

Amazon's qcom blitz: 2 new dark stores a day, 300 by year-end across 3 cities

The e-commerce major will set up 300 dark stores in 3 metros by year-end, even as rivals like Blinkit and Zepto raise money and expand nationwide

Listed MFIs slash Q2 losses to ₹61.8 crore amid sharp drop in provisions

While Provisions bill dips; income flows stay subdued

UK, US sign zero-tariff pharma deal in exchange for higher drug spending

Under the deal, announced by officials on both sides, the United States government agreed to exempt UK-origin pharmaceuticals, pharmaceutical ingredients, and medical technology from import taxes

Tax turbulence: Revenues take a hit in first full month of GST 2.0

Other macro indicators give mixed signals; car sales stay strong

Govt does not give LIC directions on its investment decisions: FinMin

LIC's investment in Adani Group cos as of September 30 stood at Rs 48,284.62 crore

Govt open to talks on electoral reforms as Opposition pushes for SIR

On a tense opening day of the Winter Session, the government said it was willing to discuss electoral reforms and SIR after Opposition-led disruptions

Govt seeks Parliament nod for ₹41k crore additional spending in FY26

First supplementary demands for grants tabled in Parliament focus on fertiliser and petroleum subsidies amid rising costs

Finfactor raises $15 million in Series A, led by WestBridge Capital

Funds will boost analytics, product development, and support Finvu Account Aggregator's growth in lending and wealth management

IMD forecasts colder winter in plains, warmer weather in hills in Dec-Feb

The winters could be cooler in the plains due to prevailing La Niña conditions - though it does not have a direct relationship - and also due to the influence of the polar vortex

8 states, 40 suppliers: Apple's India web spreads from Kerala to Haryana

Apple has also set up an AirPods plant in Telangana, which is already operational

Europeans rally round Ukraine as Donald Trump envoy heads to Moscow

Macron told reporters that only Ukraine could decide on its territories in peace negotiations with Russia