Tamil Nadu Outlines Strategy for $1 Trillion Economy by 2030: Jeyaranjan
Tamil Nadu has unveiled an ambitious roadmap to transform its economy into a $1 trillion…
Tamil Nadu Outlines Strategy for $1 Trillion Economy by 2030: Jeyaranjan
Tamil Nadu has unveiled an ambitious roadmap to transform its economy into a $1 trillion powerhouse by 2030, with State Planning Commission Vice-Chairman J. Jeyaranjan highlighting the key pillars of growth. The strategy emphasizes industrial expansion, infrastructure development, technology adoption, and inclusive growth, positioning Tamil Nadu as a leading contributor to India’s overall economic trajectory….
India’s Exports to US Drop 22% Due to Trump’s 50% Tariffs; Overall Trade Data Suggests Signs of Resilient Market Diversification
India’s trade relationship with the United States has come under strain as exports to the US fell by 22% in January, following the imposition of 50% tariffs by President Donald Trump’s administration. While the sharp decline in shipments to America has raised concerns, broader trade data indicates that India is successfully diversifying its export markets,…
Goldman Sachs Doubles Down on Aye Finance Despite Muted Debut; BofA Picks Up Stake in EIL in Rs 100 Crore Bulk Deal
India’s financial markets witnessed significant institutional activity as Goldman Sachs increased its exposure to Aye Finance despite the company’s muted market debut, while Bank of America (BofA) acquired a substantial stake in Engineers India Limited (EIL) through a Rs 100 crore bulk deal. These moves highlight the growing interest of global financial giants in India’s…
Cochin Shipyard Shares in Focus as It Bags Contract Worth ₹5,000 Crore for Indian Navy
Cochin Shipyard Limited (CSL), India’s largest public sector shipbuilding and maintenance company, has captured market attention after securing a massive ₹5,000 crore contract from the Indian Navy. The deal, which involves advanced shipbuilding and support services, is expected to significantly boost the company’s order book and reinforce its strategic role in India’s defense sector. Background…
American Chipmaker Micron to Begin Commercial Production in India by Month-End: Meity Official
India’s semiconductor ambitions received a major boost as Micron Technology, the American chipmaking giant, is set to begin commercial production in India by the end of this month. A senior official from the Ministry of Electronics and Information Technology (Meity) confirmed the development, marking a significant milestone in India’s journey toward becoming a global semiconductor…
India’s Trade Deficit Widens to $34.7 Billion in January
India’s trade deficit surged to $34.7 billion in January, marking one of the sharpest monthly imbalances in recent years. The widening gap between imports and exports has raised concerns about the country’s external sector stability, currency pressures, and the broader economic outlook. Background A trade deficit occurs when a country’s imports exceed its exports. For…
RBI Expected to Maintain Liquidity Support
The Reserve Bank of India (RBI) is widely expected to continue providing liquidity support to the financial system, ensuring stability amid evolving global and domestic economic conditions. Analysts believe that the central bank’s accommodative stance will help sustain credit growth, manage inflationary pressures, and support India’s broader economic expansion. Key Highlights Why RBI’s Liquidity Support…
Why New-Age IPOs Are Seeing Shrinking Issue Sizes, Slashed Valuations
The Indian equity market has witnessed a noticeable trend in recent months: new-age IPOs are coming to market with shrinking issue sizes and slashed valuations. Once celebrated for their aggressive fundraising and sky-high valuations, startups in sectors like fintech, e-commerce, edtech, and SaaS are now adopting a more cautious approach. Analysts attribute this shift to…
Banks to Drive Domestic M&A as RBI Eases Financing Norms
India’s banking sector is poised to play a pivotal role in driving domestic mergers and acquisitions (M&A) after the Reserve Bank of India (RBI) eased financing norms. The regulatory shift is expected to unlock new opportunities for consolidation across industries, enabling banks to provide greater support for corporate restructuring and expansion. Key Highlights Why RBI’s…
Manappuram Finance Shares in Focus as RBI Clears Bain Capital’s 41.66% Stake Buy
Manappuram Finance Limited, one of India’s leading non-banking financial companies (NBFCs), has come into sharp investor focus after the Reserve Bank of India (RBI) approved Bain Capital’s acquisition of a 41.66% stake in the company. The move is seen as a landmark development in the NBFC sector, signaling strong foreign investor confidence in India’s financial…
