Global economic stability faces fresh challenges as oil prices surge, with International Monetary Fund (IMF) First Deputy Managing Director Gita Gopinath warning that the spike could lift global inflation by 60 basis points (bps) and trim growth in 2026. Her remarks underscore the delicate balance policymakers must maintain between energy markets, inflation control, and growth…
Power Mech Projects Limited has secured a landmark ₹710 crore contract to operate and maintain Adani’s Maharashtra power plant. The deal marks a significant milestone for Power Mech, reinforcing its position as one of India’s leading infrastructure and engineering service providers. The contract also highlights Adani Group’s strategy of partnering with specialized firms to ensure…
Radhika Gupta, CEO of Edelweiss Asset Management, has emphasized that volatility is an inherent feature of equity markets rather than a flaw. Speaking to new investors, she urged them to remain calm during market fluctuations and focus on long-term wealth creation instead of reacting to short-term swings. Volatility: The Nature of Equity Markets Equity markets…
India is setting its sights on becoming a $30 billion medical device market by 2030, underscoring its ambition to emerge as a global hub for healthcare innovation and manufacturing. The government recently hosted a Chintan Shivir, a brainstorming session with industry leaders, policymakers, and healthcare experts, to chart the roadmap for achieving this ambitious target….
Gaurs Group, one of India’s leading real estate developers, has reported a 12% rise in pre-sales, reaching ₹5,347 crore, driven by strong housing demand across the National Capital Region (NCR). The surge reflects the resilience of India’s real estate sector, supported by rising disposable incomes, urbanization, and government incentives for affordable housing. Housing Demand Boom…
Fino Payments Bank has achieved a significant milestone, with deposits reaching an all-time high of ₹2,900 crore. This surge is attributed to rapid account additions, increased customer trust, and the bank’s expanding digital and physical presence across India. The achievement reflects Fino’s growing role in financial inclusion and its ability to attract new customers in…
A major Chinese telecom company has been fined $50 million after being found guilty of conspiring to steal proprietary technology from an American company. The scheme involved hiring engineers from the U.S. firm with the intent of extracting confidential information and transferring it to the Chinese enterprise. This case highlights the growing concerns over intellectual…
GSP Crop Science, a leading agrochemical company, has successfully raised ₹120 crore from anchor investors ahead of its much-anticipated Initial Public Offering (IPO). This pre-IPO fundraising highlights strong investor confidence in the company’s growth prospects, driven by rising demand for crop protection solutions and India’s expanding agricultural sector. Anchor Investor Participation Anchor investors play a…
As India prepares for the financial year 2026–27, taxpayers face a crucial decision: whether to continue with the old tax regime or shift to the new one. The draft Income Tax Rules for FY26–27 provide clarity on exemptions, deductions, and slab structures, helping individuals evaluate which regime offers better tax savings. Old Tax Regime: Traditional…
Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, is projected to capture nearly 70% of the global foundry market in 2025, riding the explosive demand for artificial intelligence (AI) chips and advanced semiconductors. This milestone underscores TSMC’s dominance in the semiconductor industry and highlights the critical role of AI in reshaping global technology…
