The Securities and Exchange Board of India (Sebi) has announced that investments made by Mutual Funds (MFs) and Specialised Investment Funds (SIFs) in Real Estate Investment Trusts (REITs) will be treated as equity-related instruments from January 1, 2026. The move is aimed at encouraging greater participation in the REIT market, reported news agency ANI.Sebi said…
File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump on Saturday defended his sweeping tariff regime, saying the duties had made the country “Rich, Strong, Powerful, and Safe,” in a post on his Truth Social account. Trump argued that because of the tariff framework he “set in place,” the United States…
American electric carmaker Tesla is exploring ways to develop an electric-vehicle ecosystem in India to support long-term growth and enhance the ownership experience. Since beginning deliveries in September, the company has sold 109 vehicles and is now planning to establish home charging units, install superchargers in major cities, and set up chargers at key destinations…
The Indian rupee, which has been under persistent pressure through 2025, is unlikely to witness any sharp fall in the immediate term as its recent weakness has already played out, Union Bank of India said in a recent assessment. The bank noted that the currency has already slipped about 4 per cent this year and…
India’s exports to the United States saw a sharp 28.5% fall between May and October 2025 as aggressive tariff hikes by Washington hit key sectors. According to the Global Trade Research Initiative (GTRI), shipments dropped from $8.83 billion to $6.31 billion during the period, coinciding with US duties rising from 10% in April to 25%…
File photo: Union commerce and industry minister Piyush Goyal (Picture credit: ANI) Union commerce and industry minister Piyush Goyal on Saturday said India’s stronger-than-expected 8.2% GDP expansion in the July–September quarter reflects the government’s sustained reform drive and measures to make business operations smoother. Speaking during a national padyatra in Gujarat, he said the numbers…
Indian companies are likely to see higher wage bills as they adjust HR policies and compensation structures to comply with the new four labour codes. Experts estimate manpower costs could rise 5-10%, or even more for some firms.The increase in wage expenses is largely driven by higher costs for benefits such as gratuity, overtime, bonuses,…
Black Friday-to-Cyber Monday sales in India are seeing strong traction this year, with retailers and company executives reporting a 20–25% increase compared with last year. The surge started early, as brands began their promotions a week before Black Friday and plan to keep offers running beyond Cyber Monday. Platforms such as Tata CLiQ, Nykaa, Flipkart,…
NEW DELHI: Air India on Saturday said its flight operations remain intact with no cancellations due to the mandatory software and hardware realignment ordered for Airbus A320 family aircraft worldwide.“Air India can confirm that there have been no cancellations due to this task and there isn’t any major impact on schedule integrity across our network….
Airbus has issued an urgent global alert to A320-family operators, instructing them to immediately fix a newly identified software problem that could affect flight-control systems on thousands of aircraft. The directive which takes effect Saturday evening (US Eastern time) was triggered after Airbus determined that “intense solar radiation may corrupt data critical to the functioning…
