India’s semiconductor ambitions have taken a historic leap forward as Tata Electronics officially partners with Intel to manufacture advanced chips and AI‑powered laptops at two massive semiconductor plants worth $14 billion. The development marks one of the most significant milestones in India’s technology manufacturing journey, positioning the country as a rising force in the global…
The legal battle surrounding the high‑profile Videocon loan scam intensified after the Bombay High Court directed the Enforcement Directorate (ED) to file its reply to a petition submitted by businessman Deepak Kochhar, who is challenging the attachment of his properties in the money‑laundering case linked to the Videocon Group. The court’s directive marks a crucial…
Zerodha co‑founder and CEO Nithin Kamath has once again sparked a major conversation in India’s trading and investing community after explaining why the company continues to charge zero brokerage fees on equity delivery trades—even a decade after introducing the model. His detailed post on X (formerly Twitter) has drawn widespread praise, with netizens applauding the…
Global private equity major KKR has taken a decisive step toward exiting Avendus Capital, completing the buyout of co‑founder Ranu Vohra’s 6% stake at a valuation of ₹11,500 crore. The deal, signed on December 9, removes the final structural hurdle in KKR’s long‑planned full sale of Avendus, according to reporting. The buyout is widely seen…
Amazon’s announcement of a $35 billion investment in India’s cloud and AI ecosystem by 2030 has triggered a fierce backlash from sections of the American conservative base, particularly MAGA‑aligned commentators, who accuse the tech giant of “funding America’s replacement.” The criticism erupted across social media shortly after Amazon revealed its expansion plans, which build on…
China’s massive $1 trillion trade surplus has once again come under scrutiny, with Nilesh Shah, a prominent market expert and member of India’s Economic Advisory Council to the Prime Minister (EAC-PM), arguing that the surplus is not solely the result of innovation and competitiveness but is significantly aided by an undervalued yuan. His remarks highlight…
The Reserve Bank of India (RBI) has announced that it will conduct a $5 billion USD/INR buy/sell swap auction on December 16, a move aimed at managing liquidity in the banking system and stabilizing the foreign exchange market. This strategic intervention underscores the central bank’s proactive approach to balancing currency volatility, ensuring adequate dollar liquidity,…
India’s agricultural sector is poised for a significant transformation, with growth projected to reach 4% by FY26, according to a senior member of NITI Aayog. This announcement comes at a crucial time when the farm sector is being recognized as the backbone of India’s economy, employing nearly half of the workforce and contributing substantially to…
Telangana Chief Minister A. Revanth Reddy has set an ambitious target of transforming the state into a $3-trillion economy by 2047, coinciding with India’s centenary of independence. Speaking at a prestigious global investment summit, Revanth highlighted Telangana’s rapid strides in attracting foreign direct investment (FDI), technology partnerships, and infrastructure projects. The summit witnessed major announcements…
In a dramatic development that has sent shockwaves through India’s corporate and financial circles, the Central Bureau of Investigation (CBI) has booked Jai Anmol Ambani, son of industrialist Anil Ambani, in connection with an alleged cheating case involving Rs 228.06 crore. The case, which has drawn widespread attention, underscores the growing scrutiny of high-profile business…
