Industrial production at two-year high! IIP records 6.7% growth in November; fueled by mining, manufacturing sectors

The country’s industrial output reached a two-year highk, growing by 6.7 per cent in November, according to the official Index of Industrial Production (IIP) data released Monday.This marks an improvement from the 5 per cent growth recorded in November last year, according to data released by the National Statistics Office (NSO). The surge was largely…

Read More

Cyber fraud syndicate busted! Digital scams of over Rs 50 crore uncovered; raids conducted across 7 states

Digital frauds of worth over Rs 50 crore came to light earlier this month after Delhi Police busted an international cyber scams and extortion syndicate, following a series of coordinated raids across several states. The operation led to the arrest of 10 accused, including the alleged mastermind behind the wide-ranging racket. The crackdown was carried…

Read More

Premium homes take precedence over affordable real estate; lenders rethink home-loan strategies: Report

Real estate developers today are also concentrated on high-end and luxurious projects, rather than affordable housing schemes. This is forcing lenders to reconsider their home loan market strategies, according to Antique Stock Broking’s BFSI Conference 2025, cited by ANI. Developers are now reluctant to build homes under Rs 50 lakh due to high land costs,…

Read More

RBI rate cuts, reforms to support India’s growth in 2026: Invesco Report

NEW DELHI: India’s outlook for 2026 improved amid geopolitical challenges due to ongoing reforms and optimism in the US-India relations, said a report by Invesco Strategy & Insights.In its “2026 Annual Investment Outlook Resilience and rebalancing”, Invesco mentioned that despite equity market underperformance amid geopolitical tensions, we are cautiously optimistic on India in 2026, due…

Read More

Income Tax department emails rattle taxpayers! Tax refunds, ITR processing on hold over claim mismatches – here’s what’s happening

The income tax notices suggest that the assessment of income tax returns and the release of refunds have been paused for these categories of taxpayers. (AI image) Income Tax alert! The Income Tax Department is sending emails and SMSes to taxpayers, just ahead of the year-end, alerting them of mismatches in their deduction and exemption…

Read More

Record foodgrain production! Indian agri sector remains strong despite US tariffs — Here’s how GST cuts helped

The agriculture sector is expected to end 2025 with record high foodgrain production, despite global trade headwinds. The strong figures come on the back of strong monsoon-driven sowing and major cost savings thanks to GST cuts on key inputs. For the upcoming year, 2026, stakeholders are waiting for major bills on seeds and pesticides to…

Read More