Business News: Economy & Markets

High 'research and development' spenders outperform market with 23.5 pc returns: Report

IANS | November 2, 2026 12:26 PM

New Delhi, Nov 2 (IANS) Companies that sharply increased research and development (R&D) spending over the past five years delivered significantly stronger stock-market returns than the broader market, a report said on Monday, adding that India's Gross Expenditure on Research and Development (GERD) stood at Rs 2.45 lakh crore in FY24, equivalent to 0.84 per cent of GDP.

Ambuja Cements envisions 30 MTPA expansion with Rs 14,500 crore growth capex programme

IANS | November 2, 2026 12:20 PM

Ahmedabad, Nov 2 (IANS) Ambuja Cements Limited on Monday said it has firmed up its next phase of expansion, with new greenfield and brownfield projects planned to add 30 MTPA of cement capacity across key markets with a total growth capex programme of around Rs 14,500 crore.

India’s coal production sees 42 pc growth at 22.03 million tonnes in October

IANS | November 2, 2026 11:54 AM

New Delhi, Nov 2 (IANS) The government on Monday said that coal production from captive and commercial mines stood at 22.03 million tonnes (MT) in October, increasing from 15.49 MT in October 2025, which is a 42 per cent annual growth.

Govt on track to meet FY27 fiscal deficit target on strong corporate tax collections: Report

IANS | November 2, 2026 11:41 AM

New Delhi, Nov 2 (IANS) The Centre is likely to achieve its fiscal deficit target of 4.3 per cent of GDP for FY27 because of robust corporate tax collections, according to a report.

India’s manufacturing sector logs another strong expansion in Oct: PMI data

IANS | November 2, 2026 11:22 AM

New Delhi, Nov 2 (IANS) India’s manufacturing sector recorded another strong expansion in October, despite softer increases in output and new orders, as the seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) stood at 54.7 last month.

South Korean firms' suppliers to invest over Rs 1,600 crore in India

IANS | November 2, 2026 10:48 AM

New Delhi, Nov 2 (IANS) Andhra Pradesh has secured investment commitments worth Rs 1,614 crore from three auto component firms supplying to South Korean majors Hyundai and Kia, providing a boost to its manufacturing base, as per reports.

Govt notifies new aviation rules 'Bharatiya Vayuyan Niyam'; effective Jan 1, 2027

IANS | November 2, 2026 10:07 AM

New Delhi, Nov 2 (IANS) The government has notified a new regulatory framework for the civil aviation sector that will come into force from January 1, 2027.

India can replace China for US manufacturers, says Georgia chamber leader ahead of Atlanta trade fair

IANS | November 2, 2026 9:58 AM

Atlanta, Nov 2 (IANS) India is the only country in the region that can match China in size and capability as US manufacturers look for alternatives, a leader of the Georgia Indo-American Chamber of Commerce has said ahead of a trade fair for Indian manufacturers in Atlanta later this month.

India and EU discuss trade facilitation, market access under FTA

IANS | November 2, 2026 9:54 AM

New Delhi, Nov 2 (IANS) India and the European Union (EU) have reaffirmed their commitment to strengthen the comprehensive economic and strategic partnership, discussing opportunities for strengthening trade and investment ties, improving market access, enhancing supply chain resilience and advancing cooperation under the free trade agreement (FTA), an official statement said on Monday.

Indian equity markets open up to 1 pc higher despite mixed global cues

IANS | November 2, 2026 9:34 AM

Mumbai, Nov 2 (IANS) Indian equity benchmarks opened strong on Monday, surging about 1 per cent each despite mixed global cues amid buying in energy, auto and information technology (IT) sector stocks.

Business

High 'research and development' spenders outperform market with 23.5 pc returns: Report

Ambuja Cements envisions 30 MTPA expansion with Rs 14,500 crore growth capex programme

India’s coal production sees 42 pc growth at 22.03 million tonnes in October

Govt on track to meet FY27 fiscal deficit target on strong corporate tax collections: Report

India’s manufacturing sector logs another strong expansion in Oct: PMI data

South Korean firms' suppliers to invest over Rs 1,600 crore in India

Govt notifies new aviation rules 'Bharatiya Vayuyan Niyam'; effective Jan 1, 2027

India can replace China for US manufacturers, says Georgia chamber leader ahead of Atlanta trade fair

India and EU discuss trade facilitation, market access under FTA

Indian equity markets open up to 1 pc higher despite mixed global cues

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