The arrest of Rishi Gupta, Managing Director and Chief Executive Officer of Fino Payments Bank, has sparked widespread debate over the scope and enforcement of India’s Goods and Services Tax (GST) framework. Industry leaders, financial experts, and policy analysts are questioning whether the move signals an overreach by tax authorities, potentially impacting investor confidence and…
Shares of Ondas Holdings Inc. surged nearly 18% in the latest trading session after the company announced a $10 million investment round alongside a strategic defense technology partnership. The rally reflects investor confidence in Ondas’ ability to expand its footprint in advanced wireless and drone-based defense solutions, positioning itself as a key player in next-generation…
Adani Enterprises has announced the acquisition of Punj Lloyd’s Malanpur defence manufacturing unit, marking a significant expansion of its footprint in India’s defence sector. The move underscores Adani’s ambition to strengthen indigenous defence production capabilities, aligning with the government’s “Make in India” and “Atmanirbhar Bharat” initiatives. Context of the Acquisition Punj Lloyd, once a major…
Tata Steel has announced a landmark investment of Rs 11,000 crore in Jharkhand to develop advanced green steel technology, marking a significant step toward sustainable industrial growth in India. The initiative underscores Tata Steel’s commitment to reducing carbon emissions, aligning with India’s climate goals, and positioning Jharkhand as a hub for eco-friendly steel production. Context…
India’s Current Account Deficit (CAD) for the October-December quarter of FY2025-26 has been estimated at 1.3 per cent of GDP, reflecting a moderate gap between the country’s imports and exports of goods, services, and capital flows. The figure highlights both challenges and resilience in India’s external sector amid global uncertainties, fluctuating oil prices, and volatile…
The Indian financial markets are bracing for renewed volatility as US–Israel strikes on Iran have triggered a sharp surge in global oil prices. The escalation has placed the Indian rupee and bond yields under fresh pressure, raising concerns about inflation, fiscal stability, and investor sentiment. Impact on the Indian Rupee Bond Market Reaction Comparative Analysis…
The recent Supreme Court judgement in the Tiger Global case has sent ripples across India’s financial and investment community. The ruling, which redefined aspects of international taxation and treaty interpretation, has raised questions about the future of foreign fund participation in India’s markets. Addressing these concerns, SEBI Chairman Tuhin Kanta Pandey remarked that “whenever these…
Industrialist Harsh Goenka has sparked widespread debate after sharing his views on how Artificial Intelligence (AI) could reshape the global workforce over the next decade. In a bold statement, Goenka listed nine jobs that AI may erase by 2033, highlighting the disruptive potential of automation, machine learning, and robotics. His remarks have triggered discussions among…
Shares of Larsen & Toubro (L&T), India’s engineering and construction giant, have come under sharp focus as investors weigh the company’s significant exposure to the Middle East amidst the ongoing Iran–Israel–US war. With geopolitical tensions escalating, analysts are closely monitoring how L&T’s overseas projects, particularly in the Gulf region, could be impacted. Background of L&T’s…
As tensions escalate in the Middle East with the ongoing US–Iran war, global markets have reacted with volatility, sparking concerns among retail and institutional investors. However, investment strategist and founder of First Global, Devina Mehra, has urged investors to remain calm, stressing that “there is no need for panic selling.” Her advice comes at a…
