Business

31

Dec

By The Press Editor

0 Comments

Business

Market Opening Bell: Sensex gains 118 points, Nifty in green on final trading session of 2025

Sensex, Nifty Today: In early trade, 1,631 stocks in the Nifty pack were trading in the green, while 646 were trading in the red. 110 stocks remained unchanged. Mumbai: Indian equity benchmark indices, the Sensex and Nifty, opened in green on Wednesday, December 31, 2025, amid mixed global cues and persistent selling by FIIs. While the 30-share BSE Sensex jumped 118.5 points to start the session at 84,793.58, the Nifty added 32.2 points to open at 25,971.05. In the last trading session, the Sensex closed at 84,675.08 and the Nifty 50 at 25,938.85. Similarly, the broader indices traded in the…

Read More

31

Dec

By The Press Editor

0 Comments

Business

In a big relief to steel manufacturers, India imposes tariffs on cheap imports from China

India, the world’s 2nd largest crude steel producer, has been grappling with a flood of low priced steel imports from China, raising anti dumping concerns and putting pressure on domestic producers. New Delhi: India has imposed a 3-year import tariff of 11–12 per cent on select steel products, a move largely aimed at curbing a surge in shipments from China. The duty will be set at 12 per cent in the first year, ease to 11.5 per cent in the second, and taper to 11 per cent in the third year. India, the world’s 2nd largest crude steel producer, has…

Read More

30

Dec

By The Press Editor

0 Comments

Business

Aadhaar–PAN linking deadline: What happens if you miss December 31 and step-by-step guide to link them

The deadline becomes important for those who have got a PAN using an Aadhaar Enrolment ID prior to October 1, 2024. New Delhi: As the current year is on the cusp of ending in a few days, the deadline to link the Aadhaar card with the Permanent Account Number (PAN) is approaching fast. Citizens holding these cards are required to undertake the linking process as early as December 31, 2025, to avoid bearing financial consequences. Especially, the deadline becomes important for those who have got a PAN using an Aadhaar Enrolment ID prior to October 1, 2024. During the Income…

Read More

30

Dec

By The Press Editor

0 Comments

Business

India overtakes Japan as world’s fourth-largest economy, set to surpass Germany by 2030

India has overtaken Japan to become the world's fourth-largest economy and is projected to surpass Germany by 2030. Strong domestic demand and consistent GDP expansion have positioned India as the fastest-growing major economy. New Delhi: India has officially moved ahead of Japan to become the fourth-largest economy in the world with a Gross Domestic Product (GDP) size of USD 4.18 trillion, according to a government update on the country's economic reforms in 2025. The report added that India is on track to surpass Germany and secure the third position by 2030 as the economy strengthens further. India continues to hold its…

Read More

30

Dec

By The Press Editor

0 Comments

Business

What changes for you from January 1? New rules on UPI, salary, Aadhaar-PAN and PM Kisan explained

The changes to come into effect in 2026 pertain to UPI, PM Kisan, government employee salaries, and Aadhaar-PAN linking rules. New Delhi: With the year 2025 slated to terminate in a couple of days, several new financial rules are expected to kick in in the upcoming year of 2026. These rules, to come into effect from January 1, 2026, will have a direct impact on the common man. The changes to come into effect in 2026 pertain to UPI, PM Kisan, government employee salaries, and Aadhaar-PAN linking rules. Changes will be occurring in the following realm:  PM Kisan: To be…

Read More

30

Dec

By The Press Editor

0 Comments

Business

Thinking of closing your credit card? Here’s how it impacts your credit score

One of the most underestimated consequences of closing a credit card is its impact on credit age. Credit bureaus track how long you have been using credit, and older accounts play a critical role in that calculation. Mumbai: As the year draws to a close, many Indians find themselves doing a financial reset. We review expenses, tidy up subscriptions, and often take a hard look at the credit cards sitting unused in our wallets. Closing an underutilised credit card can feel like a sensible move. Fewer accounts, less temptation, better control. But credit decisions are rarely just administrative. According to…

Read More

30

Dec

By The Press Editor

0 Comments

Business

Stocks to watch today: Lupin, RVNL IHCL, and BEL among stocks in focus

Stocks to watch today: Stock markets are expected to open in the red on December 30, as Gift Nifty opened lower than the previous close. Mumbai: Indian equity markets closed lower on Monday as profit-taking dominated amid thin year-end liquidity. However, experts feel that the broader structure continues to reflect a consolidation-driven phase. Meanwhile, Foreign Institutional Investors (FIIs) remained net sellers on December 29 and offloaded equities worth Rs 2759.89 crore, while DIIs extended their buying streak with net purchases of Rs 2643.85 crore. Stock markets are expected to open in the red on December 30 as Gift Nifty futures…

Read More

30

Dec

By The Press Editor

0 Comments

Business

BSE smallcap textile stock in focus as company gets credit ratings reaffirmation, check share price

The company's income from operations fell 7.70 per cent to Rs 786.51 crore in the September quarter (Q2FY26) from Rs 852.17 crore in the year-ago quarter. Mumbai: Shares of textile company Nandan Denim are in focus on Tuesday, December 30, 2025, as the company, in an exchange filing, shared details about the credit ratings received from Infomerics Ratings on December 29, 2025, on the bank facilities of the company. Infomerics Ratings has reaffirmed Nandan Denim Limited's credit ratings for bank facilities worth Rs 339.74 crore. The long-term facilities of Rs 279.74 crore maintain an IVR BBB/Stable rating, while the short-term facilities…

Read More

30

Dec

By The Press Editor

0 Comments

Business

Budget 2026-27: PM Modi meets economists, sectoral experts

Finance Minister Nirmala Sitharaman is expected to present the Union Budget for 2026-27 on February 1. Mumbai: Ahead of Union Budget 2026-27, Prime Minister Narendra Modi on Tuesday met eminent economists and sectoral experts and sought their views on the upcoming Budget. According to reports, Finance Minister Nirmala Sitharaman, Niti Aayog Vice Chairman Suman Bery, NITI Aayog CEO BVR Subrahmanyam, other members of the Aayog, economists and sectoral experts are also present in the meeting. Finance Minister Nirmala Sitharaman is expected to present the Union Budget for 2026-27 on February 1. Budget may reinforce growth by backing domestic demand Meanwhile,…

Read More

30

Dec

By The Press Editor

0 Comments

Business

Shares of BSE 500 company gains even as benchmark indices decline amid persistent foreign fund outflows

The stock's 14-day relative strength index (RSI) is 58.84. For the uninitiated, a level above 70 is considered overbought or overvalued, and below 30 is defined as oversold or undervalued. Mumbai: Shares of Godawari Power & Ispat Ltd (GPIL) are in action even as stock market benchmark indices Sensex and Nifty declined due to persistent foreign fund outflows and a muted trend in global equities, denting investors' sentiment. The stock started the trading session in the red at Rs 255.85 against the previous close of Rs 256.30 on the BSE. However, it gained amid a spurt in trading volume by…

Read More