Page 716 - Latest News
Consumption demand zooms to 3-quarter high; govt spending declines in Q2
Economists reckon this recovery could be a sign of the broadbasing of consumption in the economy, with rural consumption leading the way
 "Consumption demand zooms to 3-quarter high; govt spending declines in Q2")
Sebi wants regulated entities, agents to show name on social media
This proposal comes after the regulator observed the growing need to clearly distinguish content uploaded by Sebi-regulated persons from material posted by unregistered individuals on social media
 "Sebi wants regulated entities, agents to show name on social media")
Datanomics: Rupee drag may delay India overtaking Japan's economy
India posted strong 8.2% real GDP growth in Q2 FY26, but rupee depreciation trimmed its dollar GDP, keeping Japan narrowly ahead in the April-September comparison
 "Datanomics: Rupee drag may delay India overtaking Japan's economy")
NISAR satellite deploys 12-metre diameter antenna, enters science phase
The antenna plays a key role for both ISRO's S-Band and NASA's L-Band Synthetic Aperture Radar (SAR) payload
 "NISAR satellite deploys 12-metre diameter antenna, enters science phase")
Non-par products gain ground in listed life insurers' product mix in H1FY26
Volatile equity markets and lower deposit rates boosted demand for non-par guaranteed-return products in H1FY26, lifting their share across most listed life insurers except HDFC Life
 "Non-par products gain ground in listed life insurers' product mix in H1FY26")
Weekly govt bond auction sails through; Nov rupee's worst month since July
The govt's weekly bond auction saw strong demand with yields aligning to expectations, while the rupee recorded its weakest month since July amid dollar demand and cautious market sentiment
 "Weekly govt bond auction sails through; Nov rupee's worst month since July")
India's forex reserves fall by $4.47 billion as gold reserves decrease
RBI data shows declines in gold and foreign currency assets, pulling reserves down to $688 billion
 "India's forex reserves fall by $4.47 billion as gold reserves decrease")
The primary rush: Annual IPO haul set to hit ₹1.6 trn milestone next week
India's IPO market is on track to surpass last year's record haul, with fundraising likely to cross Rs 1.6 trillion and the number of issuances hitting their highest level since 2007
 "The primary rush: Annual IPO haul set to hit ₹1.6 trn milestone next week")
Microfinance portfolio drops 17% in Q2; 5 million borrowers exit credit
India's microfinance sector saw its sixth straight quarterly decline in gross loan portfolio in Q2 FY26, with sustained funding squeeze pushing nearly 5 million borrowers out of formal credit systems
 "Microfinance portfolio drops 17% in Q2; 5 million borrowers exit credit")
Reserve Bank of India subsumes over 9K norms into 244 master directions
Move aims to ease compliance burden for regulated entities
 "Reserve Bank of India subsumes over 9K norms into 244 master directions")
India's new GDP series in February 2026 to spur IMF rating upgrade
The IMF has 'assured' that its 'C' rating for India's national accounts data will be reassessed once the new gdp series is released in feb 2026
 "India's new GDP series in February 2026 to spur IMF rating upgrade")
PNGRB revises GAIL's integrated pipeline tariff to ₹65.69 per mmBtu
GAIL's integrated pipeline tariff has been revised to Rs 65.69 per mmBtu from January 2026 - well below its ask - prompting a sharp market reaction
 "PNGRB revises GAIL's integrated pipeline tariff to ₹65.69 per mmBtu")
Framework trade deal with US likely by year-end: Commerce Secretary
India nears a framework trade deal with the US but insists both reciprocal and Russian-oil-linked tariffs must be resolved together, even as parallel talks with the EU and Canada gather pace
 "Framework trade deal with US likely by year-end: Commerce Secretary")
Retailers expect double-digit growth as Black Friday sales go live
Retailers expect double-digit growth as Black Friday deals boost footfalls and sales, with malls extending hours and brands offering major discounts across fashion, beauty and lifestyle categories
 "Retailers expect double-digit growth as Black Friday sales go live")
Digital banking cannot be made mandatory to access other services: RBI
RBI's new digital banking rules mandate explicit customer consent, prohibit banks from forcing digital channels for accessing other services and tighten risk controls
 "Digital banking cannot be made mandatory to access other services: RBI")
Manufacturing muscle lifts Q2 GDP growth to 6-quarter high of 8.2%
FY26 estimates to be revised upwards after faster-than-expected expansion
 "Manufacturing muscle lifts Q2 GDP growth to 6-quarter high of 8.2%")
Shapoorji Pallonji Finance eyes bonds to raise funds in early FY27
Shapoorji Pallonji Finance plans to tap the bond market in early FY27 but says high borrowing costs make a rating upgrade essential
 "Shapoorji Pallonji Finance eyes bonds to raise funds in early FY27")
Govt's fiscal deficit touches 52.6% of BE till Oct, capex increases 32%
Experts said meeting the gross tax revenue budget target of ₹42.7 trillion would be difficult as it would require a Y-o-Y expansion of 22 per cent in the November-March FY26 period.
 "Govt's fiscal deficit touches 52.6% of BE till Oct, capex increases 32%")
FY26 GDP growth likely to be 7% or more: CEA V Anantha Nageswaran
India's GDP growth saw a six-quarter high of 8.2% in Q2 FY2026, increasing over the 7.8% growth seen in the first quarter of this fiscal
 "FY26 GDP growth likely to be 7% or more: CEA V Anantha Nageswaran")
Supreme Court turns down Byju's plea to halt insolvency proceedings
BCCI had initiated insolvency proceedings against the edtech platform over pending dues of Rs 158 crore
 "Supreme Court turns down Byju's plea to halt insolvency proceedings")