Page 614 - Latest News

US GDP growth beats forecasts, accelerates to 4.3% in third quarter

The data was delayed by the 43-day government shutdown and is now outdated. Consumer spending increased at a 3.5 per cent rate last quarter after advancing at a 2.5 per cent pace in the second quarter

Unity SFB's Aviom Housing acquisition may take 3-4 months to complete

Unity Small Finance Bank has emerged as the winning bidder for Aviom India Housing Finance, but completion may take 3-4 months as key regulatory and creditor approvals are pending

SHANTI Bill sets out safety protocols for private sector in nuclear power

SHANTI nuclear law opens nuclear power to private companies through licensing and safety authorisations, while keeping strategic functions with the state and reshaping operator and supplier liability

Credit card spending moderates to ₹1.89 trillion in November 2025

After crossing Rs 2 trillion in September and October, credit card spending eased to Rs 1.89 trillion in November 2025, with major issuers reporting month-on-month declines

New CPI series to use e-commerce, online sources for price data: Govt

The new series of CPI (consumer price index-based inflation) with base year (2024=100) data is scheduled to be released on February 12, 2026

Budget FY27 may have to rely on domestic demand to support growth: EY

EY's Economy Watch report said the FY27 Union Budget may focus on boosting domestic demand to sustain growth, complement RBI rate cuts, and offset the negative contribution from net exports

Ambuja, Orient, ACC shares soar on merger; analysts see synergies boost

Post-merger, analysts reckon Ambuja Cements will emerge as one of the largest cement companies in India by capacity

Workers' unions to go on strike in Feb over new labour codes, SHANTI Bill

The date of the strike will be formally ratified at the National Workers' Convention to be held on January 9 in New Delhi

Oilseed extractors plan far-East push as oil meal exports slow down

Indian oilseed extractors are planning a far-East outreach to revive oil meal exports amid weak global demand, rising competition from DDGS, and logistical advantages over US suppliers

Union Bank of India cuts rates on select retail loans by up to 160 bps

Union Bank of India has reduced rates on select retail loans from December 18, cutting home loans by 30 bps, vehicle loans by 40 bps and personal loans by up to 160 bps

ChatGPT rolls out Spotify Wrapped-style year-end recap feature in India

ChatGPT introduces "Your Year with ChatGPT," a Spotify Wrapped-style recap offering personalised insights, chat stats, and playful awards for users

Brookfield India Reit raises ₹2,000 crore via sustainability-linked bonds

The IFC-anchored five-year bond issue links financing to renewable energy and water stewardship targets, marking the largest sustainability-linked bond raised by a Reit in India

Mumbai civic polls: NCP (SP) holds alliance talks with Sena (UBT), MNS

Shinde said discussions were being held to bring on board all parties opposed to the BJP to put up a united fight against the lead partner in the ruling Mahayuti coalition

Bankers seek RBI action as dollar glut, NDF pressure roil rupee forwards

The rupee remains Asia's worst-performing currency this year, hit by weak investment flows, steep U.S. tariffs and the lack of a US trade deal

Cognizant renews lease at Mindspace Navi Mumbai for ₹62.7 lakh/month

The renewal was registered on December 12, 2025, with a security deposit of ₹3.76 crore.

Discussions on labelling AI content over, rules to follow soon: IT secy

The primary feedback from the industry is around wanting clarity on the degree of modification to make clear distinctions between substantive, material changes through AI

Delhi amends excise rules, raises sacramental wine limit ahead of Christmas

Earlier, bishops were permitted to purchase and possess up to 91 litres of sacramental wine annually, which has now been increased to 4,000 litres

Here's why fans will not be able to watch Kohli's return to Chinnaswamy

The decision comes against the backdrop of the June 4 stampede outside the stadium during Royal Challengers Bengaluru's IPL title celebrations, an incident that claimed 11 lives

H-1B, H-4 visa delays: How applicants can request expedited interviews

As the US expands social media vetting to H-1B and H-4 visas, many applicants are stuck in India. An expedited interview may still be possible

GAIL signs MoU with Chhattisgarh for 12.7 LMT gas-based urea project

GAIL has signed an MoU with the Chhattisgarh government to undertake studies for a greenfield gas-based fertiliser project, including a 12.7 LMT urea plant along its MNJPL corridor