Piyush Goyal lauds public sector banks, calls them key to MSME growth

IANS | December 23, 2025 10:42 AM

New Delhi, Dec 23 (IANS) Union Minister of Commerce and Industry Piyush Goyal said that public sector banks (PSBs) have emerged as strong and competitive institutions, standing shoulder to shoulder with private and foreign banks in supporting India’s growth.

Indian rupee stable in real effective terms, forex reserves adequate: RBI

IANS | December 23, 2025 10:37 AM

New Delhi, Dec 23 (IANS) In real effective terms, the Indian rupee remained stable in November, as depreciation of the INR in nominal effective terms was offset by higher prices in India compared to its major trading partners, according to the Reserve Bank of India’s (RBI) December Bulletin.

India’s rapid transformation impresses USIBC President

IANS | December 22, 2025 11:54 PM

Washington, Dec 22, (IANS) India’s economic acceleration and digital transformation are reshaping the country at a pace that many outside observers may underestimate, Atul Keshap, President of the US-India Business Council (USIBC), said after a recent visit.

Gujarat: GETCO to set up five new substations; strengthen 1,100 CKM transmission network

IANS | December 22, 2025 10:28 PM

Gandhinagar, Dec 22 (IANS) The Gujarat government has announced major investments to further strengthen the state’s power infrastructure, with Gujarat Energy Transmission Corporation Limited (GETCO) planning to set up five new substations and strengthen around 1,100 circuit kilometres (CKM) of transmission network during 2026–27, at an estimated cost of Rs 1,000 crore.

Ambuja Cements’ board okays amalgamation of ACC Ltd and Orient Cement Ltd

IANS | December 22, 2025 9:55 PM

Ahmedabad, Dec 22 (IANS) Ambuja Cements, part of the Adani Group, on Monday said it has received approval for two separate schemes of amalgamation from its Board of Directors — to merge ACC Limited and Orient Cement Limited — thus establishing a single consolidated ‘One Cement Platform’.

Area sown under rabi crop crosses 580 lakh hectares

IANS | December 22, 2025 9:22 PM

New Delhi, Dec 22 (IANS) The total area sown under rabi crops in the ongoing winter season has increased by 8.11 lakh hectares to 580.70 lakh hectares as on December 19 this year, compared with the corresponding figure of 572.59 lakh hectares in the same period last year, data released by the Ministry of Agriculture and Farmers Welfare on Monday showed.