Economy News

Chhath Puja festival witnesses trade worth over Rs 50,000 crore: CAIT

Chhath Puja festival witnesses trade worth over Rs 50,000 crore: CAIT

CAIT Secretary General and Member of Parliament Praveen Khandelwal said that Bihar, Jharkhand, and eastern Uttar Pradesh, particularly the Purvanchal region, remained the main centres of Chhath celebrations, where large congregations gathered along rivers and ponds. Oct 28, 2025
Domestic demand to drive India's GDP growth in next half-year of 2025-26

Domestic demand to drive India's GDP growth in next half-year of 2025-26

Recognising the need to strengthen domestic growth drivers amid these heightened external sector risks, the government has announced a rationalisation of the GST regime. This move is expected to lower the tax burden on consumers, boost consumption, and provide a cushion against tariff impacts. Additionally, it is likely to improve demand visibility for firms, enabling them to expand investment in additional capacities, the review states. Oct 27, 2025
Banks may soon finance corporate acquisitions — RBI suggests stricter safeguards

Banks may soon finance corporate acquisitions — RBI suggests stricter safeguards

Up to 70 per cent of the acquisition cost may be financed by banks, with the remaining 30 per cent having to come from the acquiring company's own equity contribution. According to the proposal, either the acquiring company or a step-down special purpose vehicle (SPV) created specifically for the acquisition can receive the funding. Oct 25, 2025
Gold, silver hit record highs as global uncertainty fuels demand

Gold shines on MCX amid hopes of India–US trade deal; Rupee opens stronger

According to analysts, MCX gold prices for the December expiry are expected to move in a range of Rs 1,21,500 to Rs 1,23,000 per 10 grams. However, in the global market, gold prices edged lower due to a stronger US dollar, as investors awaited key inflation data from the United States later this week. Oct 23, 2025
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Online Diwali Shopping Sees Major Growth from Smaller Cities

The spending power of smaller cities is further evident from the fact that tier 3 towns contributed over 50 per cent to the surge in consumer expenditure. Data analysis of over 4.25 crore shipments by ClickPost shows that these smaller cities now represent the fastest growth drivers of festive e-commerce. Oct 19, 2025
Gold prices touch new high on Dhanteras amid strong festive demand

Gold prices touch new high on Dhanteras amid strong festive demand

Last month, gold prices jumped by Rs 20,073 per 10 gram or 18 per cent, triggering a strong sense of FOMO (fear of missing out), as every pullback is being met with aggressive buying, with Diwali around the corner. Since last Dhanteras, gold has delivered substantial gains for investors, with prices witnessing a record surge. Oct 18, 2025
Young innovators, startups to connect with industry, stakeholders at ESTIC-2025: Minister

Young innovators, startups to connect with industry, stakeholders at ESTIC-2025: Minister

The programme features plenary addresses by global experts and Nobel Laureates, thematic technical discussions with S&T leaders, women entrepreneurs, and deep-tech startup CEOs, and on-ground showcases that spotlight disruptive innovation, including an exhibition by deep-tech startups and a poster forum for young scientists, faculty, and engineers. Oct 18, 2025
DIIs pump record Rs 6 lakh crore in Indian stocks in 2025

DIIs pump record Rs 6 lakh crore in Indian stocks in 2025

Analysts forecast the momentum to be sustained going ahead, largely due to SIP flows, which remain resilient even on a market decline. They said that unless a global shock causing a 30–40 per cent correction occurs, DII flows will surpass the 2025 levels in CY26. Oct 15, 2025
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