Two-wheeler sales vroom past 2-crore mark in 2025

NEW DELHI: Two-wheeler sales in India crossed the two crore mark in 2025, rising about 5% from around 1.9 crore units in 2024, even as volumes remained below the record peak of 2.1 crore units sold in 2018, according to data released by the Society of Indian Automobile Manufacturers (Siam).Exports rose 24.2% in 2025 to…

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Export readiness: Maharashtra tops NITI Aayog’s export preparedness index; Tamil Nadu, Gujarat follow

Maharashtra has emerged as the top-performing state in NITI Aayog’s fourth Export Preparedness Index (EPI) 2024, followed by Tamil Nadu and Gujarat, according to the government think tank’s report released on Wednesday, PTI reported.The rankings place Maharashtra at the top, followed by Tamil Nadu, Gujarat, Uttar Pradesh, Andhra Pradesh, Karnataka and Punjab, reflecting states’ readiness…

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Stock market holiday: Why BSE and NSE are closed on January 15; what investors should know

Indian stock markets will remain closed for trading on January 15 after both the BSE and NSE revised their calendars in view of municipal corporation elections in Maharashtra, turning what was earlier marked as a settlement holiday into a full-fledged trading holiday.The Bombay Stock Exchange said trading will be suspended across equities, equity derivatives, commodity…

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US sales data: Retail sales rise 0.6% in November as holiday spending picks up; wholesale inflation stays modest

US retail sales rose a better-than-expected 0.6% in November as holiday shopping gathered momentum, following a revised 0.1% decline in October, according to data released by the Commerce Department. The report was delayed by more than a month due to the 43-day federal government shutdown, AP reported.Retail sales had edged up 0.1% in September, after…

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Budget 2026: CII pushes green hydrogen mandates with incentives to unlock demand; seeks policy clarity

Industry body CII has called on the government to issue clear green hydrogen mandates, supported by incentives, to accelerate demand creation and help India transition towards a cleaner industrial economy, PTI reported.The Confederation of Indian Industry said sectors that currently rely heavily on grey hydrogen — such as refining, fertilisers and natural gas — are…

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RBI proposes changes to banks’ forex positions

The Reserve Bank on Wednesday proposed changes to rules governing banks’ foreign exchange positions. The amendments to net open position (NOP) were made following a comprehensive review of the existing instructions, according to an official statement. NOP refers to the difference between banks’ total foreign currency assets and liabilities, revealing their exposure to currency fluctuations…

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India-China trade: India’s exports to China rise in 2025, deficit climbs to record $116 bn

India’s shipments to China posted a rare year-on-year increase in 2025, even as the bilateral trade gap ballooned to an all-time high, underlining the persistent imbalance in the two-way economic relationship, PTI reported.Data released by Chinese customs on Wednesday showed that Indian exports to China rose by $5.5 billion during January–December 2025, taking total outbound…

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