JPMorgan bets big on India amid robust economic growth

IANS | December 12, 2025 3:52 PM

New Delhi, Dec 12 (IANS) JPMorgan Chase & Co. is preparing to open a new branch in India for the first time in almost ten years, signalling the US banking giant's deepening interest in one of the world’s fastest-expanding major economies.

Cloud data centre capacity in India estimated to grow 4-5 times by 2030: Govt

IANS | December 12, 2025 3:44 PM

New Delhi, Dec 12 (IANS) Cloud data centre capacity in India has reached approximately 1,280 MW, largely serving critical sectors such as banking, power and other critical public infrastructure and according to industry estimates, it will grow by 4-5 times by 2030, the Parliament was informed on Friday.

Refex Industries’ shares hit 20 pc lower circuit after IT search

IANS | December 12, 2025 3:33 PM

New Delhi, Dec 12 (IANS) Shares of Refex Industries fell sharply on Friday, hitting a 20 per cent lower circuit at Rs 254.35 after the company confirmed that the Income Tax Department had launched search operations at its registered office and other locations linked to the Refex Group.

PM Modi’s three-nation visit to help boost India's exports in West Asia, Africa: FIEO

IANS | December 12, 2025 3:08 PM

New Delhi, Dec 12 (IANS) Prime Minister Narendra Modi’s upcoming three-nation visit to Jordan, Ethiopia, and Oman from December 15-18 comes at a pivotal moment for India’s international trade expansion and presents far-reaching opportunities to enhance the country’s economic footprint across West Asia and Africa, the Federation of Indian Export Organisations (FIEO) said on Friday.

Indian auto sector clocks best Nov sales, passenger vehicles log 19 pc growth

IANS | December 12, 2025 3:04 PM

New Delhi, Dec 12 (IANS) The automobile industry in India registered its best November sales this year, as passenger vehicle (PV) sales increased nearly 19 per cent to 4,12,405 units from the same month last year, according to the Society of Indian Automobile Manufacturers (SIAM) data released on Friday.