Digital payments platform QuiD has appointed Bhavesh Gupta, former President of Paytm, to its executive leadership team, signaling a strategic push to expand its footprint in India’s competitive fintech ecosystem. Gupta brings extensive experience in payments, digital wallets, and financial technology innovation, having played a pivotal role in scaling Paytm’s consumer and merchant offerings. QuiD aims to leverage his expertise to accelerate product development, enhance user acquisition, and strengthen partnerships with financial institutions.

Former U.S. President Donald Trump has signaled approval for imposing tariffs on Russian oil imports originating from China and India, citing concerns over evasion of Western sanctions. The move is intended to reinforce pressure on Moscow while discouraging circumvention through third-party nations. Analysts note that such tariffs could disrupt global crude trade flows, impact refining margins, and add volatility to energy markets. For India and China, which rely on competitively priced Russian crude, the decision may increase procurement costs and influence strategic energy planning.

Mumbai’s Chhatrapati Shivaji International Airport recorded a 1.3% increase in passenger traffic in 2025, reflecting a steady recovery in air travel despite global economic headwinds. Domestic travel continued to drive growth, supported by rising disposable incomes, festive travel, and improved connectivity, while international traffic showed modest gains amid geopolitical and macroeconomic uncertainties. The airport’s management highlighted operational efficiency, enhanced passenger services, and infrastructure upgrades as key enablers of sustained traffic growth.

Indian equity markets suffered a steep decline as the benchmark Sensex plunged 780 points, weighed down by renewed global trade uncertainties and risk-off sentiment among investors. Broad-based selling was seen across sectors, with export-oriented stocks, metals, and financials bearing the brunt of the downturn. Weak global cues and concerns over slowing international trade flows dampened market confidence, prompting investors to pare exposure to equities.

Kalyan Jewellers reported a sharp 42% year-on-year increase in consolidated revenue for the third quarter, reflecting strong consumer demand, festive season tailwinds, and continued expansion across domestic and international markets. The performance was supported by higher footfalls, improved same-store sales, and steady traction in its Middle East operations. The company’s focus on brand-led retailing, transparent pricing, and disciplined cost management also contributed to the strong topline growth.

Indian professionals are expected to switch jobs at a higher rate in 2026, according to a recent LinkedIn workforce trends report, reflecting evolving career priorities and a dynamic labor market. The study points to growing demand for flexible work models, accelerated skill acquisition, and better compensation as key drivers behind rising job mobility. Technology, finance, and emerging digital roles are likely to see the most movement, while employers face increasing pressure to retain talent through competitive pay and career development opportunities.

The Federation of Retailers Association of India (FRAI) has urged the government to reassess the current excise duty framework on tobacco products, citing growing concerns over market imbalance, revenue leakage, and the expansion of illicit trade. According to the association, steep and uneven taxation has strained legal supply chains while inadvertently encouraging unregulated alternatives. FRAI argues that a calibrated duty structure could protect government revenues, support legitimate businesses, and ensure better regulatory oversight.

Digital healthcare platform Practo has announced its entry into the United States, signaling an important milestone in the company’s international growth strategy. The move positions Practo in one of the world’s most complex and competitive healthcare markets, as it seeks to export its technology-driven model for patient engagement and practice management. By expanding into the U.S., Practo aims to leverage its experience in digitizing healthcare services while tapping into rising demand for efficient, data-led solutions.

A newly developed sugarcane variety known as ‘Bismil,’ originating from Uttar Pradesh, has received official approval for cultivation in four Indian states, marking a significant advancement in agricultural innovation. The clearance allows farmers to adopt the variety across a wider geography, potentially improving yields, sugar recovery rates, and farm incomes. Developed to address challenges such as climate variability and disease resistance, the Bismil variety is expected to support both growers and the sugar industry.

Granules India Ltd. has received approval from the U.S. Food and Drug Administration (USFDA) for a generic medication used in the treatment of attention deficit hyperactivity disorder (ADHD), marking a meaningful advance in its regulated markets strategy. The clearance enables the company to manufacture and market the product in the United States, the world’s largest pharmaceutical market by value. The development underscores Granules’ growing capabilities in complex generics and reinforces its focus on expanding its central nervous system (CNS) portfolio.