City New Delhi Financial News

15.12 / 07:23

markets Enterprise Food wellness Trade reports Interviews ‘Acquisitions are only a top-up, organic growth drives us’: Vineet Agrawal of Wipro Consumer Care

Subscribe to enjoy similar stories. NEW DELHI : After more than four decades at Wipro, Vineet Agrawal is preparing to retire next month as chief executive officer of Wipro Consumer Care & Lighting and managing director of Wipro Enterprises. As he does, Agrawal is clear-eyed about the challenge ahead for the homegrown FMCG business: it remains a “fairly small" player and must grow across multiple categories to scale faster.

15.12 / 00:17

markets Manufacturing Landmark Mobile Hyundai trends show GST relief, festive rush fail to revive small cars as buyers flock to SUVs

Subscribe to enjoy similar stories. NEW DELHI : Hopes that a landmark cut in federal taxes would provide a lifeline to struggling small cars like Maruti Alto, Spresso and Renault Kwid have been dashed, with latest sales data showing buyers continuing to favour bigger, more expensive vehicles. The trends come in the backdrop of an intensifying tussle between carmakers over policy support for small cars under upcoming emission norms.

14.12 / 18:25

Manufacturing Enterprise Trade country voice testing Updates Stricter compliance norms could give domestic IP terminal makers an edge

Subscribe to enjoy similar stories. New Delhi: India is set to introduce new essential requirements (ER) and technical standards for IP (internet protocol) terminals under the Telecommunication Engineering Centre (TEC), in a move aimed at tightening testing and compliance for telecom equipment sold or imported into the country, as per a World Trade Organization (WTO) document.

14.12 / 15:23

UPS Trade country Interviews International Underinvestment risks future oil price spikes, ExxonMobil's Joshi warns

Subscribe to enjoy similar stories. New Delhi: Oil companies must ramp up investment in exploration and production to meet future demand, Prasanna V. Joshi, a senior ExxonMobil executive, said, while cautioning that output increases by the Organization of Petroleum Exporting Countries (Opec) could lead to a near-term glut.

14.12 / 12:13

markets UPS IPO security Trade dance How to lose money: 2025 edition

Subscribe to enjoy similar stories. New Delhi: Two men dressed in golden livery stand at the doorway of a hall, blowing trumpets as if announcing the entrance of royalty. A grey-haired, medium-built man saunters in, swaying to the beat of a peppy Bollywood number as the packed hall erupts in cheers.

13.12 / 01:29

markets Digital Platform Bill Trade electronic reports Centre rolls back use of revamped agriculture trading portal in most Rajasthan mandis

Subscribe to enjoy similar stories. NEW DELHI : The Union government has rolled back the use of the revamped version of the electronic agriculture trading portal (e-NAM 2.0) across most of Rajasthan for now and will continue operating the previous version of the platform in all 173 mandis, or wholesale markets, restricting the upgraded platform to just 10 mandis, two people with direct knowledge of the development said.

12.12 / 00:33

markets FIVE Gap show cover reports Department Study finds onion buffer curbs retail price swings, lifts farmer earnings

Subscribe to enjoy similar stories. New Delhi: A new evaluation of the Centre’s onion buffer programme has found that the Price Stabilisation Fund (PSF) has been able to significantly reduce retail price volatility of the vegetable and improve farmer incomes.

11.12 / 14:15

markets Manufacturing Death country reports medicines malaria DCGI flags illegal sales of single-drug malaria pills, seeks urgent action

Subscribe to enjoy similar stories. New Delhi: India’s drug regulator has raised an urgent red flag over a threat to the country’s most effective malaria medicines, directing all state drug controllers to immediately trace and stop the manufacturing and sale of oral single-drug artemisinin formulations, the active ingredient used in the country's most potent malaria drugs, two officials said, citing an 8 December order seen by Mint.

11.12 / 00:55

Analysis Sustainability wellness stage country testing India explores higher petrol blends than E20 as ethanol overcapacity mounts

Subscribe to enjoy similar stories. NEW DELHI : The Centre has opened discussions on whether India should move to higher ethanol blends in petrol from the current E20 (20% ethanol, 80% petrol), two people aware of the matter said, amid continuing consumer unease over the current E20 blend.

10.12 / 10:47

markets COST UPS Digital Food country innovations Manish Tiwary wants to make Nestlé India faster, flexible and focused with the use of technology

Subscribe to enjoy similar stories. NEW DELHI: “Faster, more flexible and more focused." That’s what Nestlé India chairman and managing director (MD) Manish Tiwary wants the packaged foods company to become. Less than a year at the company, the former Amazon India country manager and Unilever executive plans to achieve these goals by making the company more tech-ready across operations, improving its reach in the urban and rural markets, and using micro-markets to step up innovation and premium launches.

10.12 / 09:31

markets COST UPS Ripple Strategy show RBI rate cut: Time to rethink your home loan strategy?

Subscribe to enjoy similar stories. NEW DELHI : The Reserve Bank of India’s latest 25‑basis-point (bps) repo‑rate cut—the fourth in 2025, bringing the total reduction to 125bps—has brought cheer to home‑loan borrowers. The rate cuts will particularly benefit borrowers who took home loans in 2020-2022 at rates of 6-6.5%, but saw the rates rise to 9-9.5% within a year following the central bank’s cumulative repo-rate hike of 225bps between May 2022 and March 2023.

10.12 / 07:35

markets UPS Mobile Research Indus Bhavish Aggarwal tops up Ola Electric share pledges as stock hits record low

Subscribe to enjoy similar stories. NEW DELHI: Ola Electric Mobility founder and chairman Bhavish Aggarwal has pledged an additional 3% of his stake in the listed electric two-wheeler company to top up collateral against loans taken, as the stock continues to slide. Shares hit an all-time low of ₹33.20 per share on 9 December.

10.12 / 07:35

markets Food Trade President country Courts India-US trade deal: Relief today shouldn't come at the cost of autonomy tomorrow

A US trade delegation reached India this week with the aim of concluding a long-anticipated trade agreement. Coming close on the heels of Russian President Vladimir Putin’s visit to New Delhi that resulted in a five-year India-Russia economic programme to diversify trade and strengthen an energy partnership, an obvious question arises: How would ties with Moscow impact India’s US engagement?At last week’s HT Leadership Summit, foreign minister S.

10.12 / 01:43

markets UPS Trade President country Updates Mint Quick Edit | A US anti-dumping duty on Indian rice won’t hurt much but would send the wrong signal

Just hours before a US delegation arrived in New Delhi to wrap up a long-pending trade deal, Donald Trump hinted at a fresh tariff to be levied on India. Speaking at the White House, the US President expressed his displeasure over Indian rice shipments to the US after complaints from a local farmer lobby over cheap imports.

10.12 / 00:31

Digital Manufacturing security Align cover reports International Govt rolls out 12 new standards across AI, payments security, audit data and industrial systems

Subscribe to enjoy similar stories. New Delhi: In a major move, the Bureau of Indian Standards (BIS) has notified 12 new standards in a single round, covering artificial intelligence, secure financial cryptographic devices, audit data systems, lifts, campus facilities, rotating electrical machines and optical fibre testing, as per two separate government orders.

10.12 / 00:15

markets Aware Racing Food trends Trade International Why India’s shrimp exporters are suddenly racing toward value-added products

Subscribe to enjoy similar stories. New Delhi: Indian shrimp exporters are increasingly shifting focus toward value-addition as global demand trends evolve and competition intensifies. With traditional frozen raw shrimp markets facing price pressure and stricter quality norms, exporters are broadening their product portfolios to include ready-to-cook (RTC) and ready-to-eat (RTE) shrimp offerings.

10.12 / 00:15

UPS Digital Booking Platform trends country audience Nagraj vs Naruto: Indian comics level up as Gen Z turns to anime

Subscribe to enjoy similar stories. NEW DELHI , MUMBAI : Indian comic heroes like Chacha Chaudhary, Nagraj, Super Commando Dhruv, Doga, Suppandi and Shikari Shambu are levelling up to face anime legends such as Naruto, Tanjiro, Goku, Saitama, Light Yagami, and Luffy. Millennials’ childhood favourite characters from Diamond Comics, Raj Comics, Amar Chitra Katha, and Tinkle, among others, may soon be seen taking selfies, using artificial intelligence (AI), and discussing mental health to connect with Gen Z and Gen Alpha, who have gravitated towards Japanese anime and manga.

09.12 / 15:05

COST Manufacturing economy pandemic Trade country What to expect from India’s customs reforms

Subscribe to enjoy similar stories. New Delhi: Indian businesses and the country’s trading partners alike have flagged the need for a simpler customs duty framework. The global supply-chain disruptions and US tariffs have further amplified the need to review the regime.

09.12 / 01:07

COST UPS Aviat Airlines Moodys reports Flight cancellations will hurt, but IndiGo has other worries too

Subscribe to enjoy similar stories. MUMBAI/NEW DELHI : Record flight cancellations and a weak Indian rupee threaten to slam the financials of IndiGo in the December quarter, analysts said. Concerns are also rising that India's largest airline may struggle to hire enough pilots, potentially forcing it to reduce flights to comply with the rules.

09.12 / 01:07

Target Manufacturing Mobile Analysis Sustainability President International How a push for easier emission rules drew criticism from global agencies

Subscribe to enjoy similar stories. NEW DELHI : India's auto emissions roadmap is so conservative that it falls short of the industry's own targets for electric vehicle sales, two international agencies said. The US-based International Council on Clean Transportation (ICCT) and the Geneva-based International Road Federation (IRF) have separately urged New Delhi to reconsider further concessions under India's upcoming Corporate Average Fuel-Efficiency (CAFE) norms.

09.12 / 01:07

security Strategy economy Sustainability Enterprise country social After labour codes rollout, Centre to double down on job-intensive sectors in FY27 budget

Subscribe to enjoy similar stories. NEW DELHI : The Centre is preparing to reinforce and expand its focus on labour-intensive industries in the FY27 Union budget, according to two persons familiar with ongoing discussions.

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