Business News: Economy & Markets

TRAI orders mandatory adoption of 1600-series numbers by banks, fin services, insurance firms

IANS | November 19, 2025 3:58 PM

New Delhi, Nov 19 (IANS) The Telecom Regulatory Authority of India (TRAI) on Wednesday issued a direction mandating the last dates by which adoption of the ‘1600’ numbering series should be completed by entities in the Banking, Financial Services and Insurance (BFSI) sector, and government organisations to clearly distinguish their service and transactional calls from other commercial communications.

Mortgage finance AUM of non-banks to grow 18-19 pc: Report

IANS | November 19, 2025 3:16 PM

New Delhi, Nov 19 (IANS) Mortgage finance companies outside the banking sector are expected to see strong growth over the next two years, a new report said on Wednesday.

Focus on 'effectively utilising' Chabahar port as Afghan minister begins India visit

IANS | November 19, 2025 2:52 PM

New Delhi/Kabul, Nov 19 (IANS) Afghan Industry and Commerce Minister Alhaj Nooruddin Azizi arrived in New Delhi Wednesday afternoon, kicking off the official visit of a high-ranking government delegation from Kabul with the aim of activating and effectively utilising the capacities of India-developed Chabahar Port in Iran and attracting and drawing more investments.

Indian travel industry experiencing massive surge in consumer confidence, spending: Report

IANS | November 19, 2025 2:31 PM

New Delhi, Nov 19 (IANS) The Indian travel industry is experiencing a massive surge in consumer confidence and spending, with 88 per cent of travellers keen to travel, a report said on Wednesday.

Financial inclusion, digital transformation are India’s big success stories: DFS Secretary

IANS | November 19, 2025 2:16 PM

Mumbai, Nov 19 (IANS) India’s strong push toward financial inclusion and digital transformation has become one of the country’s biggest achievements in recent years, M. Nagaraju, Secretary of the Department of Financial Services (DFS), has said.

RBI likely to cut repo rate by 0.25 pc to 5.25 pc in Dec: Report

IANS | November 19, 2025 2:04 PM

Mumbai, Nov 19 (IANS) Leading global financial services firm Morgan Stanley expects the Reserve Bank of India (RBI) to reduce the repo rate by 25 basis points to 5.25 per cent at its monetary policy committee (MPC) meeting, scheduled for the first week of December.

India’s equity market experiences resurgence amid festive consumption. stable Q2 earnings

IANS | November 19, 2025 1:45 PM

New Delhi, Nov 19 (IANS) India’s equity markets experienced a powerful resurgence in October, driven by strong festive consumption, stabilising Q2 earnings, and a clear revival in foreign investor appetite, a report said on Wednesday.

US fund withdrawal pushing WHO to slash over 2,000 jobs by June 2026: Report

IANS | November 19, 2025 1:20 PM

New Delhi, Nov 19 (IANS) With the US withdrawing funding imposed by the Donald Trump government, the World Health Organization (WHO) is likely to cut down 2,000 jobs or 22 per cent of its global workforce by June 2026, according to a new report on Wednesday.

KEC shares slide over 7 pc after Power Grid Corp bars company from new bids

IANS | November 19, 2025 12:57 PM

New Delhi, Nov 19 (IANS) Shares of infrastructure engineering and construction company, KEC International fell as much as 7.2 per cent to an intra-day low of Rs 724.70 on Wednesday after the company disclosed that Government-owned Power Grid Corp Power Grid Corporation of India has barred it from bidding for its tenders for the next nine months.

Global outage was caused by internal error, not cyberattack: Cloudflare CEO

IANS | November 19, 2025 12:41 PM

New Delhi, Nov 19 (IANS) Cloudflare CEO Matthew Prince has confirmed that the major global internet outage was not the result of a cyberattack, but was caused by an internal configuration mistake.

Business

TRAI orders mandatory adoption of 1600-series numbers by banks, fin services, insurance firms

Mortgage finance AUM of non-banks to grow 18-19 pc: Report

Focus on 'effectively utilising' Chabahar port as Afghan minister begins India visit

Indian travel industry experiencing massive surge in consumer confidence, spending: Report

Financial inclusion, digital transformation are India’s big success stories: DFS Secretary

RBI likely to cut repo rate by 0.25 pc to 5.25 pc in Dec: Report

India’s equity market experiences resurgence amid festive consumption. stable Q2 earnings

US fund withdrawal pushing WHO to slash over 2,000 jobs by June 2026: Report

KEC shares slide over 7 pc after Power Grid Corp bars company from new bids

Global outage was caused by internal error, not cyberattack: Cloudflare CEO

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