Economy News ( English version)

Mint unpacks how the store functions, whether Swiggy Instamart stands to gain meaningfully, and what this could mean for quick commerce.

In 2025, layoffs surged to 1.17 million in the US, influenced heavily by AI, which accounted for 55,000 job cuts. Major companies such as Amazon and Microsoft have implemented significant layoffs.

Ambuja Cements has approved the merger of ACC and Orient Cement to create a unified cement platform. This aims to enhance efficiencies, streamline operations, and optimise costs.

Chennai's Agnikul Cosmos seeks to launch 100 reusable rockets in five years, targeting profitability in two years. With $17 million in recent funding, the company is preparing for its first commercial launch and aims to differentiate itself in the small rocket sector.

Employees affected are expected to exit beginning early next year, with Telefonica projecting a positive impact on cash generation from 2026 itself.

Reserve Bank of India Governor Sanjay Malhotra stated India anticipates a long phase of low policy rates. This outlook is contingent on inflation remaining stable and the economy avoiding significant supply disruptions. Malhotra expressed optimism about India's economic trajectory, highlighting a favorable combination of low inflation and robust growth. […]

More than 15 lakh taxpayers have revised their income tax returns for assessment year 2025-26. The Income Tax Department initiated a NUDGE campaign targeting wrongful deductions. Taxpayers are advised to review their claims and revise returns by December 31, 2025.

India's government is updating its economic data base year. This revision will better show how the economy has changed over the last decade. New data sources and global standards are driving this important update. The Ministry of Statistics and Programme Implementation is leading this effort. The goal is to make economic figures more accurate and credib […]

The Reserve Bank of India is injecting Rs 2.90 lakh crore into the banking system. This will be done through bond purchases and a dollar-rupee swap. These measures aim to ease tight cash conditions. Short-term rates have risen above the central bank's target. The RBI's intervention is expected to stabilize yields and improve market sentiment.

An RBI study finds gold remains the most stable hedge during global crises, while crude oil shows extreme volatility under stress. U.S. Treasuries and silver also act as safe-haven assets, though with varying sensitivity to geopolitical risk.