Business News: Economy & Markets

New PLI approvals to deepen value chains in components manufacturing: Industry

IANS | January 2, 2026 4:29 PM

New Delhi, Jan 2 (IANS) The industry on Friday welcomed the approval of 22 new proposals under the third tranche of the Electronics Components Manufacturing Scheme (ECMS) by the government, saying that it marks a decisive inflection point in India’s journey towards deep manufacturing and the creation of globally competitive Indian champions in electronics components.

Nifty, Bank Nifty hit record highs, Sensex up 0.67 pc

IANS | January 2, 2026 4:00 PM

New Delhi, Jan 2 (IANS) The Indian equity markets touched record highs on Friday, led by strong buying in the metal, FMCG and auto stocks.

Govt busts fake claim on RBI withdrawing Rs 500 notes from ATMs by March 2026

IANS | January 2, 2026 3:45 PM

New Delhi, Jan 2 (IANS) The Central government on Friday rebutted fake information being circulated on social media platforms, claiming that the Reserve Bank of India (RBI) would stop Rs 500 currency notes from ATMs by March 2026.

India’s bullet train project goes past key milestone with 1.5 km mountain tunnel breakthrough in Palghar

IANS | January 2, 2026 3:39 PM

New Delhi, Jan 2 (IANS) Railway Minister Ashwini Vaishnaw on Friday virtually oversaw the key breakthrough of a 1.5-km-long tunnel of the bullet train project in Maharashtra's Palghar district from Rail Bhawan in the national capital with chants of ‘Bharat Mata ki Jai!’

India’s nominal GDP growth to improve to 11 pc in FY27: Report

IANS | January 2, 2026 3:10 PM

New Delhi, Jan 2 (IANS) India’s nominal GDP growth is expected to improve to about 11 per cent in FY27 with real growth at 7.2 per cent, driven by domestic credit‑led consumption and policy support, a report said on Friday.

Maruti Suzuki India ends 2025 with production crossing record 22.55 lakh vehicles

IANS | January 2, 2026 2:33 PM

New Delhi, Jan 2 (IANS) Maruti Suzuki India Limited, the country’s largest car manufacturer, produced over 22.55 lakh vehicles in 2025 -- its highest-ever output in a calendar year, according to a company statement issued on Friday.

New labour codes bring on board gig workers with 90-day employment

IANS | January 2, 2026 2:19 PM

New Delhi, Jan 2 (IANS) The Ministry of Labour and Employment has published the draft rules for the four labour codes, which also bring gig workers on board for various benefits such as minimum wage, health, occupational safety, and social security coverage.

Deal value in India nearly doubles to $157.9 billion in 2025, IPO activity remains robust

IANS | January 2, 2026 1:58 PM

New Delhi, Jan 2 (IANS) Dealmaking in India delivered a breakout year in 2025, with deal value nearly doubling to $157.9 billion, up 91 per cent from 2024 and reaching a three‑year high, while number of announced deals edged past last year’s all-time high by 0.7 per cent, a report showed on Friday.

Govt okays 22 projects under electronics component PLI; Rs 41,863 crore worth investments likely

IANS | January 2, 2026 1:44 PM

New Delhi, Jan 2 (IANS) The government on Friday approved 22 new proposals under the Electronics Components Manufacturing Scheme (ECMS), which are likely to receive Rs 41,863 crore worth investments and generate nearly 37,000 direct and indirect jobs -- a move which is aimed at strengthening domestic supply chains and reducing import dependence for critical electronic components.

Retail investors pour record Rs 34,840 crore into primary market in 8 months this fiscal

IANS | January 2, 2026 1:21 PM

New Delhi, Jan 2 (IANS) Investments by retail investors in the primary market reached a record Rs 34,840 crore in FY26 (April–November period), up from Rs 34,336 crore in FY25 (April–March) and Rs 18,057 crore in FY24 (April–March), according to industry data.

Business

New PLI approvals to deepen value chains in components manufacturing: Industry

Nifty, Bank Nifty hit record highs, Sensex up 0.67 pc

Govt busts fake claim on RBI withdrawing Rs 500 notes from ATMs by March 2026

India’s bullet train project goes past key milestone with 1.5 km mountain tunnel breakthrough in Palghar

India’s nominal GDP growth to improve to 11 pc in FY27: Report

Maruti Suzuki India ends 2025 with production crossing record 22.55 lakh vehicles

New labour codes bring on board gig workers with 90-day employment

Deal value in India nearly doubles to $157.9 billion in 2025, IPO activity remains robust

Govt okays 22 projects under electronics component PLI; Rs 41,863 crore worth investments likely

Retail investors pour record Rs 34,840 crore into primary market in 8 months this fiscal

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