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Subscribe to enjoy similar stories. Top solar power producers in Rajasthan have dialled down production, after a congested grid prompted the regional regulator to step in. According to three people aware of the matter, Adani Group, NTPC Green, KKR-backed Serentica, EQT-backed Zelestra and JSW Group have had to curtail peak-hour production totalling 5GW in the second half of November alone, leading to potential losses and highlighting the slow pace of transmission capacity addition in the face of frenetic solar power growth.

Subscribe to enjoy similar stories. After a tepid FY24 and FY25, Godrej Consumer Products Ltd (GCPL) is on the cusp of a recovery, according to Bloomberg consensus estimates. High single-digit consolidated revenue growth is expected in FY26, with momentum improving to double digits in FY27.

Subscribe to enjoy similar stories. The Kochi-Muziris Biennale is seeking redemption after a rough 2022-edition plagued by infrastructural challenges and logistical delays. As ripples of this chaos were palpable in the ensuing months, the team took a brief interlude to reassess, rethink and reimagine the biennale, which is now back with a new spirit.

Subscribe to enjoy similar stories. Celebrities and clients arrived Tuesday afternoon to an empty Manhattan subway station in black SUVs, dodging puddles that threatened to destroy their Chanel slingback heels. The gritty Lower East Side underground location was a surprising choice for Chanel’s first New York fashion show in seven years, even if the Bowery station’s out-of-service platform is often used as a film set and doesn’t have a pizza rat in sight.

Subscribe to enjoy similar stories. CHRISTMAS STOCKINGS may contain more surprises than usual this year, as children open presents that can talk back. Toymakers in China have declared 2025 the year of artificial intelligence (AI) and are producing robots and teddies that can teach, play and tell stories.

Subscribe to enjoy similar stories. The Indian equity market closed with cautious positive momentum on Thursday, snapping a four-day losing streak, as Nifty 50 managed a marginal gain of 0.18% to settle at 26,033.75. The benchmark index traded in a narrow range of roughly 100 points, finding support near the day's low but facing resistance around 26,100, which is a key technical hurdle.

Subscribe to enjoy similar stories. As the Reserve Bank of India (RBI) prepares to deliver its policy decision on 5 December, market participants remain split on the central bank’s move this time. The policy comes in the backdrop of record-low inflation, surprisingly strong real GDP numbers, weakening nominal growth and rising external risks.

Subscribe to enjoy similar stories. Investors are getting mixed messages on health of the U.S. economy, leaving stocks in limbo ahead of next week’s Federal Reserve rate decision.

Subscribe to enjoy similar stories. The year 2025 has delivered its share of surprises—some encouraging, others unsettling—for financial markets. From tariff uncertainty and geopolitical tensions to GST reforms and a flood of IPOs, investors have had plenty to digest.

Subscribe to enjoy similar stories. The Street is positioning mid-cap banks at the front of the next financial sector rally, betting on stronger small-business and retail loan growth in 2026 and easing funding costs. Investors view these lenders as prime beneficiaries of the next credit upcycle, given their increased exposure to high-yielding retail and micro, small and medium enterprise (MSME) loans.

Subscribe to enjoy similar stories. New Delhi/Bengaluru: Ola Electric Mobility Ltd’s accounting approach to club about 12% of total costs as unallocated expenses in the July-September quarter — about twice the year-ago level — helped it report operational profitability in its scooter and bike business. Unallocated expenses were a fourth of the company’s net loss in the September quarter, up from a fifth in the year-ago period.

Subscribe to enjoy similar stories. Paytm is reshaping its business through stake consolidation, a cleaner group structure, and an artificial intelligence (AI)-led push across payments and financial services. Early results show improving margins, stronger growth, and a clearer path to profitability.

Soon after assuming office at the Reserve Bank of India (RBI) almost a year ago, Governor Sanjay Malhotra had flagged the central bank’s growing concern over the banking sector’s disregard for customer service, especially the scant resources that banks earmark for timely redressal of grievances.The 2024-25 annual report of the Integrated Ombudsman Scheme (IOS), a framework designed for complaint handling, offers details and analysis of the sector’s receipt and resolution of complaints. It shows the scale of the problem that needs to be tackled.

Subscribe to enjoy similar stories. Temasek-backed edtech major upGrad narrowed its losses and recorded modest revenue growth in FY25, the company's statutory disclosures showed. Consolidated revenue rose 5.5% to ₹1,569.3 crore in FY25, up from ₹1,487.6 crore in FY24, upGrad's filing with the Registrar of Companies (RoC) showed.

India is at the threshold of one of the most promising economic decades in its modern history, yet the hard arithmetic underlying growth reflects a more fragile situation than our headline GDP figures suggest. Economists apply the Sala-i-Martin framework to break growth down into its core components and ask a simple-yet-powerful question: How much of the rise in output per worker can be attributed to the use of more capital (a single factor of production), and how much can be attributed to India becoming more productive on the whole? The results from India’s growth decomposition between 1990 and 2023 reflect the emergence of a two-pronged challenge: capital deepening is now uneven and no longer accelerating, while total factor productivity (TFP) has remained stubbornly stagnant.

Subscribe to enjoy similar stories. It’s been nearly 10 years since the Unified Payments Interface (UPI) arrived in the Indian market and revolutionized how Indians make everyday payments. More than 636 million UPI payments worth nearly ₹82,000 crore were made on an average day in November.

Subscribe to enjoy similar stories. Corporate fundraising activity saw a significant revival in the September 2025 quarter. After a sluggish June quarter, which saw an 8.4% year-on-year decline, non-financial enterprises ramped up fundraising between July and September.

Subscribe to enjoy similar stories. India’s state-owned banks have raised concerns with the Reserve Bank of India (RBI) about the weaker transmission of rate cuts to deposits, with lending rates falling significantly faster and straining their balance sheets, according to three people familiar with the discussions. In a meeting with RBI officials about 10 days ago, ahead of the monetary policy outcome on 5 December, multiple state-owned bank chiefs raised concerns that the dominance of external benchmark-linked loans has ensured instant repricing of assets whenever the repo rate moves, said the three people cited earlier.

Subscribe to enjoy similar stories. The Indian benchmark indices ended the day on a negative note, paring gains from the previous session's record highs as profit-booking in heavyweight Financials and Energy stocks weighed down the market.

Subscribe to enjoy similar stories. The Delhi High Court on Tuesday allowed domestic drugmaker Dr Reddy’s Laboratories to manufacture and export its generic version of semaglutide to countries where the patent-holder Novo Nordisk does not have patent protection. Notably, semaglutide is the compound behind the Danish drugmaker’s blockbuster weight-loss drug Ozempic.

OpenAI is struggling to convert that momentum into meaningful revenue, TechCrunch reported, citing third-party data. Despite rising engagement, subscription income from India remains a fraction of what the company earns in the United States. Strong adoption, limited monetisation According to analytics firm SensorTower, Indian users have spent $8 million on ChatGPT subscriptions via in-app payments since 2023, excluding web-based payments. In contrast, US users have spent around $330 million during the same period.