Category Archives: News

RBI Cuts Repo Rate by 25bps, PHDCCI Sees Boost for Growth and Domestic Production

RBI Policy repo rate reduced by 25BPS; will strengthen India’s growth trajectory and domestic production: PHDCCI

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) voted to reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25BPS to 5.25% and continue with the neutral stance. This decision was made on the back of robust growth (real GDP growth at 8.2% Q2 FY 2026), buoyed by strong spending during the festive season, rationalisation of the goods and services tax (GST) rates, softer crude oil prices, and benign inflation (headline inflation at 0.3% in October 2025), to support the growth momentum” said Mr. Rajeev Juneja, President, PHDCCI.

Consequently, the standing deposit facility (SDF) rate stands at 5% and the marginal standing facility (MSF) rate and the bank rate at 5.50%.

Moreover, enhanced consolidation of the banking system, strengthened regulatory framework and healthy investment activity, especially of the private sector, have contributed to economy’s enhanced resilience, he added.

However, evolving geopolitical conditions, divergent inflation paths and trade environments globally, continue to weigh on the outlook, he said.

In its announcement today, the MPC decided to conduct Open Market Operation purchases of government securities of ₹1,00,000 crore and a 3-year USD/INR Buy Sell swap of USD 5 billion this month in view of the evolving liquidity conditions and outlook. These measures will ensure adequate durable liquidity in the system and further facilitate monetary transmission, said Mr. Juneja.

“It is worth noting that, although high-frequency indicators suggest that domestic economic activity is holding up in Q3 FY 2026, but there are some emerging signs of weakness in few leading indicators. PMI Manufacturing has moderated to a 9-month low of 56.6 in November 2025, accompanied with moderated growth of Index of Industrial production at 0.4% in October 2025 from 4.6% in September 2025,” said Mr Juneja.

Merchandise exports face some headwinds as they declined sharply in October amid subdued external demand, accompanied by softer services exports, he said.

Overall, India’s external sector remains resilient, as on November 28, 2025, India’s foreign exchange reserves stood at US$ 686.2 billion, providing a robust import cover of more than 11 months, he added.

The MPC projected real GDP growth at 7.3%, with CPI inflation at 2% for 2025-26. The underlying inflation pressures are even lower as the impact of increase in price of precious metals is about 50 bps, said Mr. Juneja.

“We appreciate RBI’s focus on improving customer services and their proposal to hold a two-month campaign from 1st January next year with an aim to resolve all grievances pending for more than a month with the RBI Ombudsman. This will further boost ease of doing business and reduce the cost of doing business,” said Mr Juneja.

The RBI’s commitment to remain proactive, objective and consistent amidst the downside risk of softening growth and external uncertainties despite, underlying inflation pressures staying lower, and upside potential of speedy conclusion of various ongoing trade and investment negotiations, is instilling confidence among industry, says CEO and Secretary General, PHDCCI, Dr. Ranjeet Mehta

Rahul Singh Says Indian Markets Enter a Constructive Phase, Eyes Profit Growth Revival

By:-  Rahul Singh, CIO-Equities, Tata Asset Management

“Indian markets have entered a constructive phase, in line with our earlier expectations. Stable FY26 earnings and an anticipated recovery to mid-teen profit growth in FY27 are strengthening the market outlook. This improvement is supported by the prospects of interest rate cuts in India and the US, which are providing valuation comfort with the Nifty 50 trading at nearly 21x forward earnings.

We are also seeing early signs of a revival in consumption and credit growth, aided by the sustained impact of GST cuts. Corporate profit estimates are beginning to recover, and with India’s valuation premium to global markets moderating, the investment case for India over the next 12–15 months looks more compelling. In this environment, we continue to prefer flexi-cap funds within diversified equities and multi-asset strategies that offer commodity exposure, along with thematic opportunities in banking and consumer-driven sectors.”

Marriott Executive Apartments Hyderabad Hosts ‘Sunday Socials’ in Association with Wellness B’zaar

Hyderabad, Dec 04: Marriott Executive Apartments Hyderabad transformed the Mazzo Rooftop Bar into a dynamic wellness arena this November, hosting Sunday Socials a community-led fitness experience developed by Wellness B’zaar. The venue’s panoramic rooftop setting provided the perfect backdrop for a morning of movement, music, and shared energy.

Sunday Socials brings a vibrant approach to fitness, enabling participants to explore diverse forms of movement under expert professional guidance, with each edition introducing a new fitness experience from aquatic workouts to high-intensity circuits and emerging training styles. This session also featured brand-supported competitive moments, including endurance tests and wellness interactions that added playful challenge while maintaining the event’s community-first atmosphere. Together, these elements shape Sunday Socials into a lively, shared wellness ecosystem that extends beyond a traditional fitness class.

Guests concluded the experience with a wholesome poolside breakfast, creating space to relax, connect, and recharge after the spirited morning session.

“We are delighted to host Sunday Socials at Mazzo Rooftop Bar and offer the Hyderabad community fresh and engaging wellness experiences,” said Ashwin Vaidya, General Manager, Marriott Executive Apartments Hyderabad. “This association aligns perfectly with our commitment to holistic well-being and meaningful community engagement.”

“Sunday Socials is built on the idea of shared movement and collective motivation,” said Puja Khan, Co-founder, Wellness B’zaar. “The friendly competitive elements and brand interactions add energy, but it’s the community spirit and Marriott’s hospitality that truly elevate the experience.”

This edition was supported by:

• Akshayakalpa — Good Food Partner
• ATX Nutrition — Protein Partner
• CFS Gym — Training Equipment Partner
• Good Binge — Gifting Partner

With evolving themes, competitive formats, and curated brand interactions each month, Sunday Socials continues to grow as a distinctive wellness ritual within Hyderabad’s lifestyle landscape.

Renowned foot artist Nadeem Riyasat Ali Shaikh performs live at Oberoi Mall

Mumbai,  Dec 4: This World Disability Day, Oberoi Mall turned its atrium into a space filled with awe, warmth and community spirit as it partnered with the Mouth & Foot Painting Artists (MFPA) for a live art showcase that moved customers and visitors alike.   

The mall hosted a vibrant art showcase featuring extraordinary artworks and products handcrafted by MFPA artists. The highlight of the evening was an extraordinary live painting session by MFPA artist Nadeem Riyasat Ali Shaikh, who created a stunning artwork using only his feet. As Nadeem brought colours to life on canvas, visitors gathered around, some pausing mid-shopping, some bringing their children forward to watch, but each one captivated by his remarkable talent and quiet determination.  

Born without hands, Nadeem discovered his passion for drawing in school and has been painting using his feet ever since. He has been a part of MFPA since 2008 and continues to inspire many with portraits and sketches of personalities who motivate him. 

Ms. Tanu Prasad, CEO  Malls, Oberoi Realty, shares;

“We are honoured to support and celebrate art and creativity at Oberoi Mall today on the occasion of World Disability Day. Today’s showcase was a reminder of how powerful creative expression can be when people are given the space to be themselves. We remain committed to fostering an environment that is warm, inclusive, and welcoming to every member of the community.” 

Oberoi Mall continues to enhance its commitment to accessibility with features such as ramp access at all entry points, complimentary wheelchairs, designated parking, separate accessible washrooms etc. for those who need them. The mall strives to be a place where people of all abilities can enjoy meaningful experiences, whether they’re shopping, dining or taking part in community events.  

The World Disability Day celebration served as a beautiful reminder that when communities come together to appreciate talent, share stories and cheer for each other, inclusivity thrives.

Cairn Oil & Gas attains UNEP’s ‘Gold Standard Pathway’ recognition under the Oil and Gas Methane Partnership 2.0 initiative 

“Achieving OGMP 2.0’s Gold Standard Pathway reflects a company’s commitment to transparency and to improving the accuracy of methane emissions data. Measurement-based reporting is essential to improving operational excellence and driving the emissions reductions needed to meet global climate goals.”

“Cairn Oil & Gas is fully committed to reducing methane emissions from our operations. This recognition by UNEP underscores our resolve to advance India’s energy security through sustainable operations. With renewable energy integration, flare reduction, Carbon Capture Utilisation and Storage (CCUS), adoption of low carbon technologies, and extensive nature-based carbon solutions, we are inching closer to our Net Zero goals and setting new benchmarks in sustainable energy production for the future.” 

Tech Firm announces WFH amid deteriorating air quality in Delhi-NCR

New Delhi, Dec 1: Considering severe air pollution and deteriorating AQI levels in Delhi NCR, and following the Government advisory, Noida-based deep-tech firm, BUSINESSNEXT, has announced a work-from-home policy to protect the health and well-being of its employees.

Under this temporary work arrangement, employees have been advised 2 days Work-from-home with immediate effect for its Noida office employees.

The announcement came under the Graded Response Action Plan level 3 or GRAP-3 which is determined by the Commission for Air Quality Management

According to an internal health pulse-check conducted over the past week, nearly one-third of employees have reported cough and throat-related issues for the past few days, while about 25% have complained of skin and eye irritation, including a burning sensation in the eyes. Additionally, within just a week, around 10% of employees applied for sick leave. Gen Z employees formed the majority of leave requests, citing poor residential air quality

“We are witnessing a visible spike in pollution-related health issues,” said Lipika Mohanty, Head of People and Development at BUSINESSNEXT.

“Most of the recent leave applications mention air quality as the root cause. In line with our people-first culture, this flexible work arrangement will ensure employees can take care of their health while staying productive”, She added.

Additionally, several working mothers have requested flexible work hours to better manage their kid’s health and work responsibilities as air pollution levels remain hazardous across the region.

JW Marriott Pune Presents ‘Kaeshur Khyen’ Pop-Up Celebrating Kashmiri Pandit Cuisine

Pune, Nov 29:– JW Marriott Pune invites guests to embark on a distinguished culinary journey with Kaeshur Khyen, a celebration of Kashmiri Pandit cuisine that brings the soulful, aromatic, and heritage-rich flavours of the Kashmir Valley to the city. Hosted at Spice Kitchen from 28th November to 7th December, every evening between 7:00 PM and 11:00 PM, this exclusive food festival offers diners an immersive taste of one of India’s most treasured culinary traditions.

Kashmiri Pandit cuisine, known for its refined use of spices, slow-cooked techniques, and deep-rooted cultural significance, forms the heart of this gastronomic experience. With Kaeshur Khyen, JW Marriott Pune pays tribute to this timeless food philosophy, presenting a thoughtfully curated menu that reflects the warmth and craftsmanship of Kashmiri home-style cooking.

Spice Kitchen transforms into a scenic culinary passage through Kashmir’s mist-laden mountains and saffron-kissed fields. Guests can indulge in an array of signature delicacies such as Rogan Josh, Mutz, Chicken Yakhni, Dum Aloo, Palak Nadir, Khatte Baigan, Walnut Chutney, and the gently sweet Kesar Phirni. Each dish is prepared with authenticity and precision, showcasing the purity of ingredients and the time-honoured methods that define Kashmiri Pandit cuisine.

From flavour-rich gravies to hearty vegetarian classics and soulful desserts, every plate tells a story of culture, tradition, and culinary excellence.

Whether you are a discerning lover of regional Indian cuisine or a curious diner eager to explore new flavours, Kaeshur Khyen invites you to savour the warmth, richness, and timeless elegance of the Kashmir Valley right here at JW Marriott Pune.

Target Learning Ventures Hosts Insightful Webinar on the Importance of Sports in Education

Mumbai, Nov 29: Target Learning Ventures Pvt. Ltd (TLV) a leading publishing house and trusted provider of educational resources, recently hosted an engaging and informative webinar featuring senior sports journalist Mr. Taus Rizvi, focusing on the crucial importance of sports in children’s physical and mental development. The online session reached parents and educators across India, highlighting how physical activity contributes to holistic education and the vast career potential in athletics.

The webinar delved into important topics, including the profound impact of sports on fostering essential life skills, character building, and improving mental well-being in children. A key focus was the government’s new policy making sports compulsory in the curriculum, signalling a national shift towards prioritising physical education. Mr. Rizvi also addressed India’s pressing challenge of sedentary lifestyles among children, providing practical guidance on combating this issue through active participation in sports. He also offered advice on balancing academics with sports and the optimal timing for enrolling children in sports academies.

Dilip Gangaramani, Founder, Director, and CEO of Target Learning Ventures Pvt. Ltd, emphasised the company’s commitment to comprehensive child development. “Our mission at Target Learning Ventures is to promote education that extends beyond the classroom. Sports are not just extracurricular activities; they are fundamental to holistic growth. This session, featuring Mr. Rizvi’s expertise, helped us empower parents with the knowledge to make informed decisions about their children’s future, aligning with the spirit of the new national education policy.”

Mr. Taus Rizvi, Senior Sports Journalist, Motivational Speaker & Sports Consultant, shared his perspective on the session’s success. “I want to thank Target Learning Ventures for organising this webinar. It was inspiring to connect with parents and educators. It is crucial for parents and educators to understand the importance of early sports involvement in a child’s overall health, discipline, and academic achievement. I hope the guidance shared will motivate more families to integrate physical activity as a core component of their children’s upbringing.”

Target Learning Ventures continues to champion initiatives that promote holistic education by integrating academic excellence with overall personal growth.

Swedish Brands Dazzle at Design Mumbai 2025

Mumbai, Nov 28: India’s vibrant metropolis has become a meeting place for international designers as Design Mumbai 2025 opens its doors. Among the most high-profile features are three Swedish design companies: String Furniture, Hästens Beds, and Blå Station, all known for their timeless aesthetics, functionality, and durability.

Design Mumbai is a globally acclaimed trade event for design, architecture, and interiors that highlights prominent Indian and global brands and designers. Mumbai is not only India’s financial capital – it is also home to a growing and affluent middle class that seeks quality, sustainability, and international style. Swedish design, with its focus on function, sustainability, and aesthetics, fits perfectly into this lifestyle trend.

“Swedish design stands for more than just form – it’s about sustainability, quality, and innovation. These are values that are becoming increasingly important to the growing middle class in Mumbai. We see a great interest in premium products that combine design and sustainability. Swedish companies have a unique opportunity to meet this demand and witnessing them here in Mumbai shows that we are not just exporting products but also ideas about what the homes and workplaces of the future could look like,” said Sven Östberg, Consul General of Sweden in Mumbai.

Consul General visited the fair and inaugurated String Furniture’s pavilion, where iconic shelving systems met Indian design enthusiasts. He also explored Hästens’ exclusive beds, which combine world-class craftsmanship and comfort, as well as Blå Station’s innovative seating furniture that blends Scandinavian minimalism with playful design.

‘’Today’s luxury consumer seeks more than design- they seek authenticity, purity of materials, and a lifestyle that reflects refined taste. At Hästens, true luxury is expressed through meticulous craftsmanship and the rare natural materials that define every bed we create. These are not objects of comfort alone; they are masterpieces of heritage, hand-crafted to offer an unparalleled sleep experience. India’s evolving luxury landscape is embracing brands with legacy and purpose, and Hästens is proud to stand at the apex of this movement,’’ said Mr. Mats Joseph Fernandes, General Manager at Hästens Beds India.

With over 20 million inhabitants and a rapidly growing group of design-conscious consumers, Mumbai is a strategic market for Swedish companies. Interest in premium products in furniture and interior design is growing, especially among young professionals and entrepreneurs who want to create homes and offices that reflect global standards.

‘’Our aim is not simply to introduce exceptional beds, but to elevate the very definition of luxury sleep in the country. Hästens represents timeless elegance, and we are honoured to bring this world-class experience to India,’’ added Mr. Fernandes.

Echoing his views, Mr. Jonas Wetterlöf, CEO, String Furniture, said,

’’String Furniture, designed in 1949,  is renowned for its ingenious simplicity and adaptability, making it a perfect fit for India’s dynamic urban lifestyle. Our offerings are fully customisable, multi-functional, and designed to last significantly. We are seeing remarkable enthusiasm from consumers at Design Mumbai 2025 and are proud to bring our legacy of flexible function to India.’’

This year, String Furniture is marking the seven-decade-long legacy of Pira, the iconic floor-to-ceiling shelving system, by unveiling Pira G2. The offering combines architectural magnificence with effective functionality, making it ideal for contemporary homes.

The presence of Swedish brands at Design Mumbai 2025 underlines the strong synergy between Swedish design principles and India’s evolving lifestyle aspirations. For consumers who value long-term investments and a modern, stylish home environment, they offer an attractive alternative to mass-produced solutions.

Nemetschek CEO Yves Padrines Receives KISS Lifetime Achievement Award

 India,  Nov 28: The Indian Kalinga Institute of Social Sciences (KISS) has honoured Yves Padrines, Chief Executive Officer of the Nemetschek Group, with its prestigious KISS Lifetime Achievement Award, an accolade deeply connected to the lives of millions of underprivileged indigenous children supported by the institution.

The award recognises outstanding leadership marked by strong execution, sectoral advancement, and a commitment to unlocking human potential through technology. Presented annually to a single individual, the KISS Lifetime Achievement Award is one of the institution’s most respected distinctions.

The award ceremony took place on KISS’s campus, the world’s largest fully residential tribal institution, which provides free education, healthcare, and nutrition to over 80,000 indigenous children and youth. Yves Padrines was recognised for his visionary leadership, bold decision-making, relentless drive to innovate, and commitment to building transformative technologies that redefine how the world works, creates, and connects.

Prof. Achyuta Samanta, founder of KISS, emphasised the profound significance of the accolade, highlighting Padrines’ exceptional contributions to global digital transformation and societal impact.

Under Padrines’ leadership, the Nemetschek Group has expanded its global footprint across the Architecture, Engineering, Construction, and Operations (AEC/O) and media industries. By prioritising sustainable development and workforce readiness, he has empowered industry ecosystems while remaining focused on societal upliftment. Padrines was selected following an extensive evaluation by a distinguished Awards Committee.

Upon receiving the award, Yves Padrines said;
“This award is a meaningful acknowledgment of the collective journey at the Nemetschek Group, building solutions that empower people and create lasting positive impact. To receive this distinction in the presence of the inspirational children of KISS is a humbling and unforgettable experience. This recognition reinforces our responsibility to drive progress that is purposeful, accessible, and rooted in our core values of collaboration, innovation, and commitment to serving broader communities.”

The ceremony, attended by over 10,000 students, featured the formal presentation of the citation and trophy. Padrines joins a distinguished legacy of global leaders and luminaries previously recognised by KISS, whose contributions have reshaped sectors, driven social transformation, and inspired future changemakers. This recognition further positions the Nemetschek Group as a company deeply committed to responsible innovation, ecosystem development, and lasting societal impact.