Business News: Economy & Markets

GST reforms, festive boost drive India’s auto sales to record high in Oct: Data

IANS | November 7, 2025 2:28 PM

New Delhi, Nov 7 (IANS) GST 2.0 reforms, 42-day festivities and rural resurgence came together to deliver record-breaking results for the automobile sector in the month of October at 4.02 million units, up 40.5 per cent year-on-year from 2.87 million in the same month last year, data from the Federation of Automobile Dealers Associations (FADA) showed on Friday.

How Adani's Rs 30,000 crore Bhagalpur power project will change Bihar's fortunes forever

IANS | November 7, 2025 2:11 PM

Ahmedabad/New Delhi, Nov 7 (IANS) The 2,400 MW Bhagalpur Power Project, being developed by the Adani Group with an outlay of Rs 30,000 crore, marks a turning point in Bihar's economic story — bridging its energy gap, reviving industry, and creating opportunities for its 13.5 crore citizens.

India's credit card spending rises 23 pc to Rs 2.17 lakh crore in September: Report

IANS | November 7, 2025 1:59 PM

New Delhi, Nov 7 (IANS) Credit card spending in India rose 23 per cent year-on-year (YoY) to Rs 2.17 lakh crore in September, reaching an all-time high for the first time since 2020, attributed to bank-led festive offers, increasing consumer demand driven by the festive season spending and GST reduction, a report said on Friday.

Gold ETFs attract record net inflows in India, add $850 million in Oct

IANS | November 7, 2025 1:43 PM

Mumbai, Nov 7 (IANS) India’s gold exchange-traded funds (ETFs) saw $850 million in net inflows in October, taking the total to a record $3.05 billion in 2025 to date -- the highest-ever for a single year, according to the World Gold Council (WGC) data.

Capital markets central to 'Viksit Bharat' push, MFs hold huge opportunity: SEBI Chairman

IANS | November 7, 2025 1:04 PM

Mumbai, Nov 7 (IANS) SEBI Chairperson Tuhin Kanta Pandey on Friday said that India’s sustained economic strength will be significantly driven by its capital markets, which are essential for the country’s progress towards the 'Viksit Bharat' goal and crucial for capital formation.

Jio's cost-effective 5G solutions can help it scale in $121 billion global market: Jefferies

IANS | November 7, 2025 11:28 AM

New Delhi, Nov 7 (IANS) With global 5G penetration still low, Jio's cost-effective solutions can help it scale in the $121 billion global telecom technology market, which, in turn, can add to its growth, according to a new Jefferies report.

France, US, Germany lead October FPI inflows in Indian stock market

IANS | November 7, 2025 10:36 AM

Mumbai, Nov 7 (IANS) Foreign portfolio investors (FPIs) returned to the Indian stock markets in October, reversing three months of outflows -- with France as the largest contributor, investing $2.58 billion in equities and almost $152 million in debt, according to NSDL data.

Business

GST reforms, festive boost drive India’s auto sales to record high in Oct: Data

How Adani's Rs 30,000 crore Bhagalpur power project will change Bihar's fortunes forever

India's credit card spending rises 23 pc to Rs 2.17 lakh crore in September: Report

Gold ETFs attract record net inflows in India, add $850 million in Oct

Capital markets central to 'Viksit Bharat' push, MFs hold huge opportunity: SEBI Chairman

Jio's cost-effective 5G solutions can help it scale in $121 billion global market: Jefferies

France, US, Germany lead October FPI inflows in Indian stock market

Grateful to Kiwi-Indian farmers for very productive orchard visit: Piyush Goyal

Sensex, Nifty open sharply lower amid negative global cues

ED makes 3rd arrest in Reliance Power bogus bank guarantee case

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