After labour codes rollout, Centre to double down on job-intensive sectors in FY27 budget

New scheme announcements and expansions of existing ones are likely for small and medium industries in general and for sectors like textiles, leather and footwear, gems and jewellery, and handicraft, among others, when finance minister Nirmala Sitharaman presents the budget on 1 February, the persons cited above said on condition of anonymity. Policy makers feel…

Read More

Crypto transactions in India crossed ₹51,000 crore in 2024-25, tax collection data shows

Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto The value of cryptocurrency transactions in India exceeded ₹51,000 crore in 2024-25, according to an analysis of data shared with Parliament, representing a 41% increase over the previous year. The data, shared by the Ministry of Finance in reply to a question in the Rajya…

Read More

Rupee falls 14 paise to close at 90.09 against U.S. dollar

Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto The rupee depreciated 14 paise to close at 90.09 (provisional) against the U.S. dollar on Monday (December 8, 2025), as elevated crude oil prices and persistent foreign fund outflows dented investor sentiments. Forex traders said multiple pressures, such as sustained importer demand for the American…

Read More

Sensex tanks 610 points; Nifty slips below 26k on profit booking, foreign fund outflows

Equity benchmark indices Sensex and Nifty nosedived on Monday (December 8, 2025) after two consecutive days of gains, as investors rushed to take profits amid the unabated selling of stocks by foreign investors. Analysts said investors turned defensive ahead of this week’s U.S. Federal Reserve policy decision, which further weakened the sentiment. The 30-share BSE…

Read More