Headlines

Inside India’s ghost malls: How nostalgic hangout spots lost their magic​Business News Today: Stock Markets, Financial News, India Business & World Business News

India’s once-vibrant malls are becoming ‘ghost malls,’ with nearly 20% underperforming or empty. This decline stems from poor planning, oversupply, and a failure to adapt to changing consumer experiences, not just e-commerce. While some struggle, these spaces offer potential for reinvention into entertainment, co-working, or educational hubs.

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Gadkari urges shift to 100% ethanol blending, flags energy security and import risks​Business News Today: Stock Markets, Financial News, India Business & World Business News

India aims for 100% ethanol blending to boost energy self-reliance amid West Asian oil supply concerns, according to Union Minister Nitin Gadkari. He highlighted the nation’s heavy reliance on oil imports and the environmental benefits of alternative fuels. Gadkari also discussed the potential of green hydrogen and the circular economy for job creation.

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Shocker for India’s solar sector: US slaps 123% anti-dumping duty on imports​Business News Today: Stock Markets, Financial News, India Business & World Business News

The US has slapped a hefty 123.04% anti-dumping duty on Indian solar cells and modules, citing “critical circumstances.” This, combined with existing duties, makes US shipments unviable. However, Indian solar firms have already diversified exports to Europe and West Asia, mitigating the immediate impact. The industry plans to challenge the “flawed” findings.

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Russian crude with Indian touch: What is Bangladesh’s new crude sourcing strategy?​Business News Today: Stock Markets, Financial News, India Business & World Business News

Bangladesh is exploring a proposal to refine Russian crude oil in India before importing the finished fuel, aiming to ease supply pressures from the West Asia conflict. The Energy and Mineral Resources Division has requested approval to discuss a government-to-government agreement with India, as its local refinery cannot process Russian crude.

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From queues to QR codes: How UPI transformed India’s digital payments, now driving 49% of global real-time transactions​Business News Today: Stock Markets, Financial News, India Business & World Business News

India’s financial landscape has been revolutionized by UPI, the nation’s digital payments centerpiece. Launched in 2016, it has become the world’s largest real-time payment system by volume, processing billions of transactions monthly. UPI has significantly expanded financial inclusion, bringing millions into the digital economy and setting a global benchmark for inclusive financial innovation.

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UN outlook: India’s economy to grow 6.4% amid global headwinds​Business News Today: Stock Markets, Financial News, India Business & World Business News

India’s economy is set for robust growth, projected at 6.4% in 2026 and 6.6% in 2027, according to a UN report. Despite export challenges, strong domestic consumption and services sector performance are key drivers. The nation is also a leader in green job creation, with policies supporting domestic manufacturing in clean energy sectors.

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