Business News: Economy & Markets

Dehradun entrepreneur shares how Startup India has been powering lives, transforming businesses

IANS | January 16, 2026 5:30 PM

New Delhi, Jan 16 (IANS) As the startup landscape completed a historic milestone with completion of 10 years of the 'Startup India' initiative on Friday, a Dehradun-based entrepreneur shared the transformative impact of the scheme in his and fellow startup founders' life, while also reminiscing about a virtual yet highly motivating interaction with Prime Minister Narendra Modi.

Trade pacts with developed economies to boost startups and entrepreneurs: Piyush Goyal

IANS | January 16, 2026 5:20 PM

New Delhi, Jan 16 (IANS) Commerce and Industry Minister Piyush Goyal on Friday said that India’s recent free trade agreements (FTAs) with developed economies provide significant opportunities for startups and entrepreneurs.

Private sector credit plunges by 79 per cent in Pakistan amid economic slowdown

IANS | January 16, 2026 5:12 PM

New Delhi, Jan 16 (IANS) The latest figures released by the State Bank of Pakistan show that private sector credit has plunged by a staggering 79 per cent compared to the previous year, which means businesses have raised few or no loans to expand operations and create jobs, according to a report in Pakistan’s The News International.

China’s overstated official GDP figures raise doubts about financial health: Report

IANS | January 16, 2026 5:05 PM

Mumbai, Jan 16 (IANS) China’s real GDP growth in 2025 is expected to be at about 2.5-3 per cent, far below the government’s stated target of around 5 per cent, raising critical questions about the true health of the world’s second-largest economy, the reliability of official statistics, a report has said.

Ageing fleet leading to rising locomotive failures in Pakistan Railways

IANS | January 16, 2026 4:48 PM

New Delhi, Jan 16 (IANS) Pakistan Railways is facing a rising number of locomotive failures largely due to an ageing fleet, with more than 63 per cent of its engines having surpassed two decades in service, according to a report in the local media.

Wipro's net profit falls to Rs 3,119 crore in Q3, IT major declares Rs 6 dividend per share

IANS | January 16, 2026 4:17 PM

New Delhi, Jan 16 (IANS) IT major Wipro on Friday reported a consolidated net profit at Rs 3,119 crore for the October-December quarter (Q3), down almost 4 per cent on-quarter and nearly 7 per cent on-year, the company’s quarterly results showed.

Sensex, Nifty close week with gains over positive cues

IANS | January 16, 2026 4:06 PM

Mumbai, Jan 16 (IANS) The Indian equity markets ended marginally higher on Friday, before surrendering most of their intra-day gains in the afternoon session.

Maruti Suzuki India commences exports of SUV VICTORIS, aims for 100 countries

IANS | January 16, 2026 3:48 PM

New Delhi, Jan 16 (IANS) Maruti Suzuki India Limited on Friday announced the start of shipment of its premium SUV VICTORIS for exports, adding that the automaker aims to export the vehicle to over 100 countries and regions.

CCPA cracks down on e-commerce giants for illegal sale of walkie-talkies

IANS | January 16, 2026 3:27 PM

New Delhi, Jan 16 (IANS) The Central Consumer Protection Authority (CCPA) has taken suo motu cognisance of the large-scale illegal listing and sale of walkie-talkies (personal mobile radios) on e-commerce platforms and has imposed monetary penalties on leading online marketplaces such as Amazon, Flipkart, and Meta for violations of consumer protection laws and telecom regulations, according to an official statement issued on Friday.

Pakistan caught in love-hate relation with IMF

IANS | January 16, 2026 2:55 PM

New Delhi, Jan 16 (IANS) Pakistan appears to be caught in a love-hate relationship with the IMF. Although the crisis-ridden country is surviving through periodic transfusions of IMF funds, ironically, the multilateral institution is coming under heavy criticism in its media.

Business

Dehradun entrepreneur shares how Startup India has been powering lives, transforming businesses

Trade pacts with developed economies to boost startups and entrepreneurs: Piyush Goyal

Private sector credit plunges by 79 per cent in Pakistan amid economic slowdown

China’s overstated official GDP figures raise doubts about financial health: Report

Ageing fleet leading to rising locomotive failures in Pakistan Railways

Wipro's net profit falls to Rs 3,119 crore in Q3, IT major declares Rs 6 dividend per share

Sensex, Nifty close week with gains over positive cues

Maruti Suzuki India commences exports of SUV VICTORIS, aims for 100 countries

CCPA cracks down on e-commerce giants for illegal sale of walkie-talkies

Pakistan caught in love-hate relation with IMF

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