Business News: Economy & Markets

Centre orders high-level inquiry into IndiGo fiasco, total normalcy expected in 3 days

IANS | December 5, 2025 5:05 PM

New Delhi, Dec 5 (IANS) The government on Friday said it has decided to institute a high-level inquiry into the massive IndiGo disruption, which will examine what went wrong at the airline, determine accountability wherever required for appropriate actions, and recommend measures to prevent similar disruptions in the future -- ensuring that passengers do not face such hardships again.

Africa faces growing cybercrime crisis as China linked syndicates expand operations

IANS | December 5, 2025 5:05 PM

New Delhi, Dec 5 (IANS) Africa is facing a fast-growing cybercrime crisis, with Nigeria emerging as one of the main centres of these illegal activities, a report has said.

Rs 7,253 crore spent so far in 2025-26 on sprucing up railway stations in India: Vaishnaw

IANS | December 5, 2025 4:56 PM

New Delhi, Dec 5 (IANS) The government has spent Rs 7,253 crore so far (up to October), of the total budgetary allocation of Rs 12,118 crore for 2025–26, on the redevelopment of railway stations across the country under the Amrit Bharat Station Scheme, Railway Minister Ashwini Vaishnaw informed Parliament on Friday.

Have established close working and personal contact with PM Modi: Putin (Ld)

IANS | December 5, 2025 4:48 PM

New Delhi, Dec 5 (IANS) Thanking Prime Minister Narendra Modi for the warm and cordial welcome extended to the visiting delegation, Russian President Vladimir Putin on Friday stated that he has established a "close working and personal contact" with the Indian PM and together they "constantly monitor" the development of Russian-Indian cooperation in all its strategic areas.

ED attaches Anil Ambani group-linked assets worth Rs 10,117 crore to date

IANS | December 5, 2025 4:39 PM

New Delhi, Dec 5 (IANS) The Enforcement Directorate (ED) on Friday said it has provisionally attached properties and assets belonging to Anil Ambani-led Reliance Group entities worth Rs 10,117 crore to date.

Indian Railways recruited 5.08 lakh people in last 10 years, up 23.6 pc: Minister

IANS | December 5, 2025 4:20 PM

New Delhi, Dec 5 (IANS) Railways Minister Ashwini Vaishnaw on Friday told the Parliament that in the last 10 years (2014-2015 to 2024-2025), Indian Railways recruited 5.08 lakh people, compared to 4.11 lakh in the earlier 2004-2005 to 2013-2014 period, which is an increase of 23.6 per cent.

RBI rate cut to bolster consumption, growth: Bankers

IANS | December 5, 2025 4:02 PM

New Delhi, Dec 5 (IANS) The Reserve Bank of India’s decision to cut the repo rate is a move that uses the monetary space created by low inflation to stimulate consumption and strengthen the growth cycle, bankers said on Friday.

Sensex, Nifty rise after RBI cuts repo rate

IANS | December 5, 2025 3:57 PM

Mumbai, Dec 5 (IANS) Indian stock markets ended higher on Friday after the Reserve Bank of India (RBI) cut the repo rate by 25 basis points to 5.25 per cent.

PM Modi, President Putin agree to ramp up India-Russia trade till 2030

IANS | December 5, 2025 3:43 PM

New Delhi, Dec 5 (IANS) India and Russia have agreed on an economic cooperation programme aimed at expanding trade till 2030, Prime Minister Narendra Modi said on Friday at a press conference along with Russian President Vladimir Putin.

India emerges as significant electronics manufacturer in 11 years: Minister

IANS | December 5, 2025 3:33 PM

New Delhi, Dec 5 (IANS) India has emerged as a significant electronics manufacturer and as a result of robust policy efforts, electronics manufacturing has grown almost six times in last 11 years – increasing from Rs 1.9 lakh crore in 2014-15 to Rs 11.32 lakh crore in 2024-25, the Parliament was informed on Friday.

Business

Centre orders high-level inquiry into IndiGo fiasco, total normalcy expected in 3 days

Africa faces growing cybercrime crisis as China linked syndicates expand operations

Rs 7,253 crore spent so far in 2025-26 on sprucing up railway stations in India: Vaishnaw

Have established close working and personal contact with PM Modi: Putin (Ld)

ED attaches Anil Ambani group-linked assets worth Rs 10,117 crore to date

Indian Railways recruited 5.08 lakh people in last 10 years, up 23.6 pc: Minister

RBI rate cut to bolster consumption, growth: Bankers

Sensex, Nifty rise after RBI cuts repo rate

PM Modi, President Putin agree to ramp up India-Russia trade till 2030

India emerges as significant electronics manufacturer in 11 years: Minister

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