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India Appoints Piyush Goyal As Interim Finance Minister

INDIA'S minister for railways and coal has today (23) been named the country's interim finance minister.

Piyush Goyal will take on the additional portfolio as finance minister Arun Jaitley is in the US for medical treatment.


India's interim budget is due to be presented next week, ahead of a scheduled general election in May.

However, Jaitley will not present the budget.

The Indian government has not commented on Jaitely's medical condition.

“The president of India, as advised by the prime minister, hereby directed that during the period of indisposition of Arun Jaitley, minister; the portfolios of minister of finance and minister of corporate affairs held by him, be temporarily assigned to Piyush Goyal, in addition to his existing portfolios,” said a statement from the Indian president’s secretariat today.

“Further, as advised by the prime minister, Arun Jaitley be designated as minister without portfolio during the period of his indisposition or till such time he is able to resume his work as minister of finance and minister of corporate affairs,” the release added.

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Jaguar Land Rover production plunges 43 per cent following devastating cyber attack

Highlights

  • JLR produced only 59,200 cars in final quarter of 2025 compared to 104,400 previous year, down 43 per cent due to cyber attack fallout.
  • Operations halted globally for five weeks from September after August breach described as Britain's most expensive cyber attack.
  • Retail sales plummeted 25 per cent to 79,600 vehicles; company preparing to launch £100,000+ electric Jaguar saloon later this year.

Car production at Jaguar Land Rover plummeted by 45,000 vehicles in the final quarter of 2025 as the British automotive giant struggled with the aftermath of what experts have described as the most expensive cyber attack in British history.

The company revealed total output in the three months to December was down 43 per cent compared to last year, despite restarting factory lines in the second week of October. JLR produced just 59,200 cars in the final quarter of 2025, compared to 104,400 the previous year.

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