In order to improve international payments, Reserve Bank of India (RBI) Governor Sanjay Malhotra advised other central banks to adopt and promote Central Bank Digital Currencies (CBDCs) rather than stablecoins on Wednesday. Malhotra also reaffirmed the Indian central bank’s position on cryptocurrencies while speaking at the World Bank Group and International Monetary Fund (IMF) annual…
Canara Robeco Asset Management Company Ltd.’s equity shares are set to debut on the Indian stock market today, October 16, 2025, following strong demand for its initial public offering (IPO). The IPO was open for subscription from October 9 to October 13, with allotment finalized on October 14. The shares will be listed on both…
India’s merchandise exports registered a notable increase in September 2025, despite facing significant tariff challenges from the United States. According to official government data, exports grew 6.75% year-on-year to $36.38 billion, up from $34.08 billion in September 2024. On a month-on-month basis, exports rose 3.64% compared to $35.10 billion in August 2025. This growth comes…
India’s merchandise trade deficit widened to $32.15 billion in September, up from $26.49 billion in August, according to provisional data released by the commerce ministry on Wednesday. This marks the highest deficit since November 2024. During the month, exports rose slightly to $36.38 billion from $35.10 billion in August, while imports increased more sharply to…
New Delhi, October 13, 2025 — Gold prices in India soared to an all-time high on Monday, reaching ₹1,23,977 per 10 grams in the domestic futures market. The surge was driven by escalating global economic tensions, including renewed trade friction between the United States and China, a prolonged U.S. government shutdown, and increased investor demand…
BMW Group India is poised to achieve record-breaking sales in 2025, projecting deliveries of up to 18,000 units, driven by robust demand for electric vehicles (EVs), strategic pricing reforms, and strong festive season performance. The company, which ranks as the second-largest German luxury carmaker in India, is anticipating double-digit growth for the fifth consecutive year….
India’s festive season has triggered a surge in consumer spending, with e-commerce platforms witnessing record-breaking sales that are significantly boosting the national economy. According to recent reports, online shopping during Navratri and the lead-up to Diwali has generated over ₹1.15 lakh crore in gross merchandise value, marking a 20–25% year-on-year growth—the strongest in three years….
Palo Alto, October 8, 2025 — Tesla Inc. has introduced lower-priced versions of its flagship electric vehicles, the Model S and Model X, in a strategic move aimed at expanding its customer base and improving affordability in the premium EV segment. The announcement was made via Tesla’s official website and social media channels, with immediate…
India’s defence exports have soared to an unprecedented ₹23,622 crore in the financial year 2024–25, marking a 12% increase over the previous year and a 34-fold rise over the past decade. This achievement underscores the success of the government’s push for self-reliance under the ‘Atmanirbhar Bharat’ initiative and reflects growing global confidence in Indian defence…
TVS Motor Company has introduced a new variant of the Raider in India, featuring several new additions without major mechanical or design changes. This updated model brings four unique features that set it apart from other 125 cc motorcycles in its segment. One key upgrade is the inclusion of dual disc brakes along with a…
