Business News: Economy & Markets

Manufacturing sector accounts for 78 per cent of foreign technical collaborations: RBI

IANS | December 2, 2025 9:50 PM

New Delhi, Dec 2 (IANS) The foreign technical collaboration (FTCs) in the manufacturing sector entities accounted for 78.4 per cent of the total reported FTCs, of which, machinery and motor vehicles together accounted for 30.6 per cent, while FTCs in the services sector constituted 16.6 per cent between financial year 2023-2025 (FY23-25), data from Reserve Bank of India (RBI) showed on Tuesday.

Nifty to touch 29,300 level by 2026 amid robust domestic macro indicators, easing geopolitics: Report

IANS | December 2, 2025 9:19 PM

New Delhi, Dec 2 (IANS) Nifty will touch the 29,300 level by 2026, a jump of about 12 per cent from the current level, supported by ease in global geopolitics, resilient domestic macro indicators and a cyclical earnings recovery, a report said on Tuesday.

Credit card spends ease in October as point‑of‑sale transactions grow 22pc

IANS | December 2, 2025 9:01 PM

New Delhi, Dec 2 (IANS) Credit card spending eased by Rs 2.5 billion in October to Rs 2,142 billion, a moderation of 1.1 per cent month‑on‑month but an increase of 6.1 per cent year‑on‑year, driven by a sharp shift toward point‑of‑sale transactions, a report said on Tuesday.

Auto sector shines in festive quarter; PV sales up 12 pc, two-wheelers 18 pc

IANS | December 2, 2025 8:56 PM

New Delhi, Dec 2 (IANS) The Indian automobile sector witnessed a robust festive season (September+October+November) as passenger vehicle (PV) wholesale was up 12 per cent year-on-year (YoY) and retail was up 15 per cent, while two-wheeler (2W) wholesale was up 9 per cent YoY and retail up 18 per cent YoY, a report said on Tuesday.

Organic farming gains momentum in Poonch: Farmers embrace sustainable agriculture

IANS | December 2, 2025 8:49 PM

Poonch, Dec 2 (IANS) District Agriculture Department, in collaboration with the Krishi Vigyan Kendra (KVK), organised a one-day training and awareness programme on organic farming on Tuesday in Poonch, Jammu and Kashmir.

With 1.4 crore downloads, Sanchar Saathi blocks over 42 lakh stolen or lost mobile devices

IANS | December 2, 2025 8:37 PM

New Delhi, Dec 2 (IANS) Since its launch on January 17 this year, the Sanchar Saathi mobile app has seen more than 1.4 crore downloads, and have successfully blocked over 42 lakh stolen or lost mobile devices, official data showed on Tuesday.

Govt’s stake sale in Bank of Maharashtra oversubscribed 4.07 times by non-retail investors

IANS | December 2, 2025 7:59 PM

New Delhi, Dec 2 (IANS) The government’s Offer for Sale (OFS) of its stake in Bank of Maharashtra was oversubscribed 4.07 times on the opening day of bidding for non‑retail investors on Tuesday, according to an official statement.

J&K: Under ATMA scheme, farmers get training to raise production in orchards and farms

IANS | December 2, 2025 6:30 PM

Jammu, Dec 2 (IANS) To double the income of horticulturists in Jammu and Kashmir’s Udhampur, the district administration has selected a group of 35 farmers who are being sent to the Palampur Horticulture University and Agriculture University, Ludhiana in Punjab for training them in the most modern tools of agricultural practices.

RBI guides banks to provide customer services in regional languages as per local needs: Minister

IANS | December 2, 2025 6:11 PM

New Delhi, Dec 2 (IANS) The government on Tuesday said that the guidelines issued by the Reserve Bank of India (RBI) on customer services in banks provides comprehensive directions on usages of regional languages, so that banks could align their service delivery as per the regional needs.

Prada Group buys Versace in $1.37 billion deal

IANS | December 2, 2025 5:06 PM

New Delhi, Dec 2 (IANS) The Prada Group on Tuesday announced that it has officially acquired luxury fashion label Versace in a deal worth $1.37 billion.

Business

Manufacturing sector accounts for 78 per cent of foreign technical collaborations: RBI

Nifty to touch 29,300 level by 2026 amid robust domestic macro indicators, easing geopolitics: Report

Credit card spends ease in October as point‑of‑sale transactions grow 22pc

Auto sector shines in festive quarter; PV sales up 12 pc, two-wheelers 18 pc

Organic farming gains momentum in Poonch: Farmers embrace sustainable agriculture

With 1.4 crore downloads, Sanchar Saathi blocks over 42 lakh stolen or lost mobile devices

Govt’s stake sale in Bank of Maharashtra oversubscribed 4.07 times by non-retail investors

J&K: Under ATMA scheme, farmers get training to raise production in orchards and farms

RBI guides banks to provide customer services in regional languages as per local needs: Minister

Prada Group buys Versace in $1.37 billion deal

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