Business News: Economy & Markets

Govt notifies grievance redressal rules for rural employment scheme, mandates resolution within 15 days

IANS | November 2, 2026 1:34 PM

New Delhi, Nov 2 (IANS) The Ministry of Rural Development on Monday announced that it has notified the Viksit Bharat – Guarantee for Rozgar and Ajeevika Mission (Gramin) (VB-G RAM G) Grievance Redressal Rules, 2026, establishing a structured, multi-tier and time-bound mechanism to address complaints related to the implementation of the rural employment scheme.

PM Modi highlights India's solar push, says clean energy drive opening new opportunities

IANS | November 2, 2026 1:19 PM

New Delhi, Nov 2 (IANS) Prime Minister Narendra Modi on Monday highlighted India's expanding solar and renewable energy sector, saying the country's solar energy journey is opening up new opportunities, ahead of the Bharat Renewable Energy Summit 2026 and the 9th Assembly of the International Solar Alliance (ISA).

Defence Ministry signs Rs 53,866 crore deal with GRSE, GSL for 8 next-gen Navy warships

IANS | November 2, 2026 1:01 PM

New Delhi, Nov 2 (IANS) The Defence Ministry has signed contracts worth Rs 53,866.50 crore with Garden Reach Shipbuilders & Engineers Limited (GRSE) and Goa Shipyard Limited (GSL) for acquisition of eight Next Generation Corvettes (NGCs) for the Indian Navy, according to an official statement on Monday.

India's real estate enters new value creation phase led by strategic asset selection

IANS | November 2, 2026 12:33 PM

New Delhi, Nov 2 (IANS) India's real estate market entered a new phase of value creation in which investment returns will be driven increasingly by net operating income (NOI) growth and strategic asset selection, a report said on Monday.

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.

business

Govt notifies grievance redressal rules for rural employment scheme, mandates resolution within 15 days

PM Modi highlights India's solar push, says clean energy drive opening new opportunities

Defence Ministry signs Rs 53,866 crore deal with GRSE, GSL for 8 next-gen Navy warships

India's real estate enters new value creation phase led by strategic asset selection

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

LATEST NEWS

Indian-American members-elect join centrist US Democratic bloc

Indian-origin Marissa Roy wins LA city attorney race

Indian-American astronaut Sunita Williams honoured as Grand Marshal of New York Veterans Parade

Trump seeks ‘total victory’ over Iran

Sohail Khan feels fortunate to be born as Salim Khan’s son

Kumar Sanu reveals how he deals with fear

When Hrithik Roshan revealed how he salvaged his good shots in editing of his debut film ‘Kaho Naa... Pyaar Hai’

Pankaj Tripathi says he has almost mastered the art of controlling his external self

Nick Cannon says that creating group chat with mothers of his children wasn’t the best idea

Youth Olympics: Boxer Gunjan continues on golden path, reaches women's 48kg final