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INDIA NEWS | Mon, 29 Dec 2025, 11:33PM IST The GST Council may consider cutting tax on air and water purifiers from 18% to 5%, amid worsening air quality and calls to treat them as essential public health equipment

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INDIA MARKET | Mon, 29 Dec 2025, 11:07PM IST Spot platinum slid by 6.9 per cent to $2,281.15 an ounce after touching a record peak of $2,478.50 while palladium plunged 11.9 per cent to $1,694.75 an ounce

Continue reading at Business Standard

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INDIA NEWS | Mon, 29 Dec 2025, 10:45PM IST New Delhi: The government on Monday said it plans to borrow Rs 3.84 lakh crore from short-term treasury bills spread over 12 weeks during the fourth quarter of the current financial year to meet short-term funding requirements.The weekly auction would vary between Rs 29,000 crore and Rs 35,000 crore, the finance ministry said in a statement.This amount is Rs 10,000 crore lower than Rs 3.94 lakh crore raised during the same quarter in the previous financial year. The government had issued an auction calendar of treasury bills worth Rs 2.47 lakh crore for the third quarter of the current financial year ending December 31, 2025.The government, in consultation with the Reserve Bank of India, will have the flexibility to modify the indicated amount and timing for auction of Treasury Bills depending on the requirements, evolving market conditions and other relevant factors after giving due notice to the market, the statement said.Thus, the calendar is subject to change, if circumstances so warrant, including for reasons such as intervening holidays, it said.

Continue reading at Economic Times

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INDIA BUSINESS | Mon, 29 Dec 2025, 10:44PM IST RBI data reveals a shift in banking employment. Private sector banks reduced their workforce in FY25. Conversely, government-owned banks and small finance banks expanded their staff numbers. This growth, particularly from small finance banks, drove the overall increase in banking system employees. Major lenders like SBI added staff, while ICICI Bank saw a significant reduction.

Continue reading at Economic Times

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INDIA BUSINESS | Mon, 29 Dec 2025, 10:37PM IST The $30 billion claim is the largest ever pursued by the Indian Government against a corporation and centres on its allegation that mismanagement by the companies resulted in the loss of most of the reserves in D1 and D3, the three-member tribunal said.

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INDIA BUSINESS | Mon, 29 Dec 2025, 10:29PM IST Waaree Energies announced CEO Amit Paithankar's resignation. The board accepted his departure, effective May 15, 2026, or earlier. Jignesh Rathod, currently Director - Operations, will take over as CEO-Designate immediately. Rathod will transition into the CEO role on May 16, 2026, or upon Paithankar's earlier exit. The company expressed gratitude for Paithankar's contributions.

Continue reading at Economic Times

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INDIA BUSINESS | Mon, 29 Dec 2025, 10:09PM IST Jio leads India's 5G segment in speed and availability. Data from September to November 2025 shows Jio's 5G download speeds were 11 times faster than its 4G. Users experienced more consistent and reliable connections. Airtel and Vi also showed improvements. The report highlights the importance of consistent 5G experience for everyday use as smartphone adoption grows.

Continue reading at Economic Times

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INDIA NEWS | Mon, 29 Dec 2025, 10:09PM IST New Delhi, Jio leads the 5G segment in terms of speed, availability of signals and its utilisation by subscribers, broadband network research firm Open Signal said on Monday.The report based on data collected between September 1 - November 30, 2025 said that moving from 4G to 5G delivers multi-fold gains in download speeds and a more consistent, "good enough" experience.According to the report, 5G download speed during the study period was 199.7 megabit per second (mbps) which is 11 times more than 4G download speed on its network. 5G speed on Bharti Airtel network was 7 times more than that of 4G at 187.2 mbps while Vodafone Idea (Vi) 5G network showed download speed of 138.1 mbps which was six times faster."Across all operators, 5G users experience fewer interruptions and less performance volatility than on 4G. This reinforces that the value of 5G lies not only in peak speeds, but in delivering a more reliable day-to-day experience," the report said.Open Signal measures availability of 5G signal during day and time users with 5G device and subscription spent on utilising those signals.The report found that Jio had the highest availability of 5G signals during 68.1 per cent of time during the research period and its subscriber could utilise it for 67.3 per cent of time."Jio converts availability into usage almost one-to-one, with 67.3 per cent Time on 5G versus 68.1 per cent 5G Availability. Its Standalone (SA) architecture, combined with 700 MHz spectrum for deep indoor penetration, enables devices to remain on 5G throughout active data sessions - translating coverage directly into experience," the report said.Opensignal said that its 5G Availability metric measured the proportion of time users were actively connected to a 5G network bearer."This remains a critical indicator of real-world 5G utilisation, showing how often users benefit from 5G performance in practice. To better reflect what this metric captures, Opensignal has renamed it Time on 5G - the percentage of time users with a 5G device are actually connected to 5G," the report said.Airtel network showed 66.6 per cent availability, but users spend only 28 per cent of their time on 5G."This reflects characteristics of its (Airtel) Non-Standalone (NSA) deployment, where 5G relies on a 4G anchor for control signalling," the report said.Open Signal study found Vi network had 32.5 per cent availability and 9.7 per cent time on 5G, consistent with a network still in the early phases of deployment rather than indicating inherent performance limitations."With sub-Rs 10,000 5G smartphones accelerating adoption, network stress will only increase.The next phase of India's digital journey will be won by operators that can balance scale with consistency, and deliver a 5G experience that remains reliably "good enough" for everyday life," the report said.

Continue reading at Economic Times

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INDIA MARKET | Mon, 29 Dec 2025, 9:51PM IST Horizon Industrial Parks, backed by global private equity firm Blackstone, on Monday filed preliminary papers with markets regulator Sebi to raise Rs 2,600 crore through an initial public offering (IPO).

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INDIA MARKET | Mon, 29 Dec 2025, 9:48PM IST SBI Mutual Fund sold a 2.43% stake in Nazara Technologies for about Rs 216 crore via open-market bulk deals, cutting its holding to 3.35% from 5.78%. The fund offloaded over 90 lakh shares, while Nazaras stock rose more than 6% after the transaction.

Continue reading at Economic Times

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INDIA MARKET | Mon, 29 Dec 2025, 9:48PM IST SBI Mutual Fund sold a 2.43% stake in Nazara Technologies for about Rs 216 crore via open-market bulk deals, cutting its holding to 3.35% from 5.78%. The fund offloaded over 90 lakh shares, while Nazaras stock rose more than 6% after the transaction.

Continue reading at Economic Times

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INDIA BUSINESS | Mon, 29 Dec 2025, 9:40PM IST Care Ratings upgraded Shriram Finance's NCD and subordinated debt ratings to AAA and reaffirmed its commercial paper rating at Care A1+, citing FY25 and H1FY26 performance

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INDIA BUSINESS | Mon, 29 Dec 2025, 9:35PM IST RBI's Trend and Progress report said scheduled commercial banks expanded branches mainly in tier-1 centres in FY25, while ATM numbers declined modestly due to fewer off-site machines

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INDIA BUSINESS | Mon, 29 Dec 2025, 9:34PM IST Indian Railways is taking proactive steps to keep trains running on time this winter. Zones and divisions are conducting real-time stock checks of trains. This includes addressing catering and onboard services. Spare train sets are being made available for premium trains like Vande Bharat and Shatabdi.

Continue reading at Economic Times

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GLOBAL NEWS | Mon, 29 Dec 2025, 9:31PM IST Just like past tech booms, the latest frenzy has produced a group of billionaires at least on paper from smaller start-ups.

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INDIA BUSINESS | Mon, 29 Dec 2025, 9:19PM IST The government has extended its telecom equipment security certification scheme for another year, aiming to boost network expansion and technology adoption. Measures include reduced fees for testing labs and simplified security rules for fibre broadband devices, easing compliance for manufacturers. These steps support India's growing 5G and broadband infrastructure amidst rising cyber threats.

Continue reading at Economic Times

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INDIA BUSINESS | Mon, 29 Dec 2025, 9:14PM IST India has extended the bid submission deadline for its latest oil and gas block auction. Potential investors now have until February 18, 2026, to submit their bids. This is the third extension for the OALP-X licensing round. The government aims to boost domestic oil and gas production with this significant acreage offering.

Continue reading at Economic Times

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