Business News: Economy & Markets

Cabinet okays 3 pc hike in DA for Central govt staff, DR for pensioners

IANS | October 1, 2025 4:02 PM

New Delhi, Oct 1 (IANS) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the release of an additional instalment of Dearness Allowance (DA) to Central government employees and Dearness Relief (DR) to pensioners with effect from July 1, 2025, representing an increase of 3 per cent over the existing rate of 55 per cent of the basic pay/pension, to compensate them against the price rise.

First ‘Made in India’ Airbus H125 helicopter expected in early 2027

IANS | October 1, 2025 3:23 PM

New Delhi, Oct 1 (IANS) The delivery of the first ‘Made in India’ Airbus H125 helicopter is expected in early 2027 which will be available for exports in the South Asian region as well, it was announced on Wednesday.

Indian alcoholic beverage industry set for 10–12 pc revenue growth in FY26: Report

IANS | October 1, 2025 3:14 PM

New Delhi, Oct 1 (IANS) India’s alcoholic beverage industry is expected to achieve 10–12 per cent year-on-year (YoY) revenue growth in FY26, driven by steady demand, premiumisation trends, and price increases by various state governments, a report said on Wednesday.

India’s deal-making hits 3-year high at $110 billion, surges 72 pc: Report

IANS | October 1, 2025 3:11 PM

New Delhi, Oct 1 (IANS) Deal making activity involving India has touched a three-year high, with disclosed deal value reaching $109.9 billion in the first nine months of 2025, a new report said on Wednesday.

RBI’s steady and cautious outlook gives confidence to businesses, investors: Industry chambers

IANS | October 1, 2025 2:26 PM

New Delhi, Oct 1 (IANS) Leading industry chambers on Wednesday expressed delight on the RBI’s move to keep the repo rate steady at 5.5 per cent with a ‘neutral’ stance, saying that this shows a balanced approach to supporting growth while keeping an eye on inflation.

Portions of US govt shuts down, employees on furlough

IANS | October 1, 2025 2:21 PM

New Delhi, Oct 1 (IANS) Large portions of the US government officially shut down on Wednesday as US President Donald Trump and Congress could not reach an agreement on a spending bill, resulting in thousands of non-essential federal employees being placed on leave.

No proposal to levy charges on UPI transactions: RBI Governor

IANS | October 1, 2025 2:13 PM

New Delhi, Oct 1 (IANS) Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday reiterated that the central bank has no proposal to impose a fee on transactions done through Unified Payments Interface (UPI).

India added more than 1 billionaire every week in 2025: Hurun Report

IANS | October 1, 2025 1:55 PM

New Delhi, Oct 1 (IANS) India’s billionaire club is growing at a record pace, with the country adding more than one billionaire every week this year, a new report said on Wednesday.

RBI eases forex norms to help exporters amid global uncertainties

IANS | October 1, 2025 1:33 PM

Mumbai, Oct 1 (IANS) The RBI on Wednesday decided to ease foreign exchange management norms to facilitate easier payments by exporters, which include an extension in the time period for repatriation of forex earnings, to counter growing uncertainties in global trade.

MPC decisions to further increase credit flow, promote inclusive growth: Bankers

IANS | October 1, 2025 1:29 PM

New Delhi, Oct 1 (IANS) Bankers on Wednesday welcomed the Reserve Bank of India’s (RBI) decision to maintain the repo rate at 5.5 per cent with a neutral stance, saying the move reflects a balanced approach in supporting growth and ensuring price stability.

business

Cabinet okays 3 pc hike in DA for Central govt staff, DR for pensioners

First ‘Made in India’ Airbus H125 helicopter expected in early 2027

Indian alcoholic beverage industry set for 10–12 pc revenue growth in FY26: Report

India’s deal-making hits 3-year high at $110 billion, surges 72 pc: Report

RBI’s steady and cautious outlook gives confidence to businesses, investors: Industry chambers

Portions of US govt shuts down, employees on furlough

No proposal to levy charges on UPI transactions: RBI Governor

India added more than 1 billionaire every week in 2025: Hurun Report

RBI eases forex norms to help exporters amid global uncertainties

MPC decisions to further increase credit flow, promote inclusive growth: Bankers

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