India’s ambitious Research and Development Innovation (RDI) Fund has been positioned as a game-changer for the country’s deep tech ecosystem. According to Department of Science and Technology (DST) Secretary Abhay Karandikar, the fund will be considered a true success if an initial investment of Rs 1 lakh crore can catalyse Rs 10 lakh crore in…
The Indian rupee witnessed a sharp depreciation in morning trade, breaching the psychological 90-level mark against the US dollar for the first time. Opening at 90.06, the currency’s slide reflects mounting global pressures, domestic challenges, and investor sentiment that has tilted towards safe-haven assets. The development has sparked intense debate among economists, policymakers, and market…
India’s leading investment platform Groww has achieved a major milestone by securing an online bond distribution licence from the Securities and Exchange Board of India (SEBI). This development marks a significant expansion of Groww’s offerings beyond equities, mutual funds, and ETFs, enabling retail investors to access bonds seamlessly through its digital platform. The licence positions…
Nvidia’s charismatic CEO Jensen Huang has revealed the intensity of his work ethic, admitting that he works seven days a week, including holidays, and lives “always in a state of anxiety.” His candid remarks shed light on the relentless demands of leading one of the world’s most valuable technology companies, especially at a time when…
Hazoor Multi Projects Ltd, a prominent infrastructure development company, has secured two major contracts worth Rs 277 crore from the National Highways Authority of India (NHAI). These projects, located in Tamil Nadu and Maharashtra, mark a significant milestone in the company’s expansion strategy and reinforce its reputation as a trusted player in India’s road construction…
In a significant development for India’s agricultural and industrial sectors, Indian fertiliser units are set to form a joint venture (JV) with Russian chemical giant UralChem to establish a large-scale urea plant in Russia. This collaboration marks a strategic step toward securing long-term fertiliser supplies for India, reducing dependence on volatile global markets, and strengthening…
Dalal Street has witnessed a remarkable transformation in recent months, with retail investors emerging as the backbone of the Indian equity markets. Systematic Investment Plans (SIPs) have surged to record highs, providing consistent liquidity and stability even as Foreign Institutional Investors (FIIs) continue to pull out funds amid global uncertainties. Market expert Sanjay Shah has…
In a landmark move aimed at strengthening India’s capital markets and attracting more global participation, the Securities and Exchange Board of India (SEBI) has introduced a single window gateway for low-risk foreign investors. This initiative is designed to simplify regulatory processes, reduce compliance burdens, and encourage smoother capital inflows into the Indian economy. The gateway…
The Indian rupee has been under pressure in recent months, sparking concerns among investors, businesses, and policy watchers. However, Governor Malhotra has reassured markets that the currency’s decline is not a cause for panic. According to him, the rupee is likely to stabilize and trade around the 90 mark against the U.S. dollar in the…
In a groundbreaking move for India’s private equity (PE) industry, Gaja Capital has officially filed for an initial public offering (IPO) worth ₹656 crore. This marks the first time a homegrown private equity firm is heading to the public markets, setting a precedent for the sector and signaling a new era of capital raising strategies…
