RBI chief sees key interest rates staying low for a long period

IANS | December 17, 2025 3:59 PM

New Delhi, Dec 17 (IANS) Reserve Bank of India (RBI) Governor Sanjay Malhotra expects the key policy rates to remain low for a “long period” based on the RBI’s projections as the Indian economy is recording robust growth while inflation is well under control, according to a report in Financial Times.

Sensex, Nifty slip for 3rd straight session

IANS | December 17, 2025 3:56 PM

Mumbai, Dec 17 (IANS) Indian equity benchmark indices ended lower for the third straight session on Wednesday as selling pressure in media, realty and consumer durables stocks weighed on market sentiment.

PM Modi’s Oman visit will deepen ties, boost trade and open new opportunities: Indian Diaspora

IANS | December 17, 2025 3:35 PM

Muscat, Oman, Dec 17 (IANS) As Prime Minister Narendra Modi prepares to arrive in Oman, members of the Indian business and professional community on Wednesday expressed strong optimism about the visit, calling it a major opportunity to deepen India–Oman relations and expand cooperation across sectors such as energy, manufacturing, healthcare, tourism and logistics.

India has achieved self-reliance in space transportation systems: Jitendra Singh

IANS | December 17, 2025 3:20 PM

New Delhi, Dec 17 (IANS) India has achieved self-reliance in space transportation systems and can launch satellites up to 10 tonnes to Low Earth Orbit (LEO) and 4.2 tonnes to Geo-Synchronous Transfer Orbit (GTO), said Jitendra Singh, Union Minister of State (Independent Charge) for Science and Technology, in the Parliament on Wednesday.

Indian rupee likely to bounce back strongly in 2nd half of next fiscal: SBI report

IANS | December 17, 2025 3:17 PM

New Delhi, Dec 17 (IANS) Geopolitical uncertainties driven by the delay in the India-US trade deal have been the single-most important reasons for the rupee sliding against the US dollar, an SBI Research report said on Wednesday, adding that the rupee is likely to bounce back strongly in the second half of the next fiscal.

India Inc projected to see 9 pc salary growth in 2026: Report

IANS | December 17, 2025 2:46 PM

New Delhi, Dec 17 (IANS) Average employee salaries in India are set for a median increase of 9 per cent in 2026, a report said on Wednesday, noting individual performance, position in the salary range, inflation and the organisation's competitiveness in the job market as major factors behind the development.

GCCs in India to account for 35-40 pc of total office demand

IANS | December 17, 2025 2:34 PM

New Delhi, Dec 17 (IANS) Global Capability Centres (GCCs) are likely to account for 35–40 per cent of total office demand in 2025, and they made up more than 55 per cent of large office deals in the first nine months of CY25, a report said on Wednesday.

India's fish production has surged by 38 per cent under PMMSY: Minister

IANS | December 17, 2025 2:32 PM

New Delhi, Dec 17 (IANS) India's fish production has surged from 141.60 lakh tonnes in 2019–20 to around 197.75 lakh tonnes in 2024–25, registering an increase of 38 per cent since the launch of the Pradhan Mantri Matsya Sampada Yojana (PMMSY) in 2020, the Parliament was informed on Wednesday.

India’s top 200 self-made entrepreneurs reach Rs 42 lakh crore valuation in 2025

IANS | December 17, 2025 2:13 PM

New Delhi, Dec 17 (IANS) The cumulative value of all companies belonging to India’s top 200 self-made entrepreneurs stands at Rs 42 lakh crore ($469 billion) in 2025, up from Rs 36 lakh crore ($431 billion) last year -- reflecting a 15 per cent growth and underscoring the rapid wealth creation among India’s self-made entrepreneurs, a report showed on Wednesday.