Indian companies in the Nifty 500 posted strong profit and revenue growth in the June quarter, driven by metals, financials, and telecoms, while energy stocks struggled and smaller firms outpaced large caps in a widening market recovery. India’s broad market…
Debates over the reliability of India’s official manufacturing figures cast doubt on the progress of initiatives like Make in India, as analysts question key data discrepancies while the sector sees real investment and growth. India’s manufacturing push sits at the…
After a sluggish July, Indian startup funding picked up pace in August, but the recovery was characterised by larger, selective investments in AI, fintech, and infrastructure sectors reflecting a focus on fundamentals and growth potential. Indian startup funding picked up…
Non-resident Indians cannot directly transfer Public Provident Fund proceeds abroad; funds must first move to an NRO account and then be repatriated following RBI and banking rules, officials clarify. Non-resident Indians cannot send Public Provident Fund money abroad directly when…
N Chandrasekaran’s decision to resign as Tata Sons chairman signals a pivotal moment for India’s largest conglomerate, as it navigates new ventures, strategic friction, and a substantial capital investment cycle. N Chandrasekaran’s decision to step down as chairman of Tata…
Essar Oil plans over Rs 1,600 crore investment to upgrade its Vadinar refinery, enhancing capacity, crude processing, and refining margins, positioning it among the world’s most complex refineries. Essar Oil said it plans to spend more than Rs 1,600 crore…
Sugar stocks in India surged amid tightening stock limits and soaring domestic prices but reversed course after the government authorised duty-free imports of raw sugar, signalling a shift in market dynamics ahead of festival season. Sugar stocks were among the…
Indian stocks faced weekly declines amid rising crude oil prices and escalating tensions in the Strait of Hormuz, with investors closely monitoring geopolitical developments, Federal Reserve minutes, and global energy markets influencing market sentiment. Indian equities ended the week under…
Generative AI has transformed traditional family scams into sophisticated, scalable fraud networks, posing a new era of danger for all, especially vulnerable older adults, as law enforcement warns of a rise in convincing deception tactics. A family scam that once…
India is reworking its airport privatisation strategy amid fears that existing private operators dominate the sector and risk over-leverage, leading to proposed measures to diversify the bidding landscape and prevent monopolistic control. India’s plan to hand over a new set…
