March 3, 2026
Headlines

Business News Desk

Piyush Goyal

Global Investors Commit ₹50,000 Crore in FDI, Signalling Strong Confidence in India’s Economic Fundamentals: Piyush Goyal

Business News Desk03 mins mins

Union Commerce and Industry Minister Piyush Goyal has announced that global investors have pledged over ₹50,000 crore in Foreign Direct Investment (FDI) into India’s finance and banking sector in recent months, reflecting robust confidence in the country’s economic resilience and reform-driven growth. Speaking on October 20, 2025, Goyal emphasized that despite global headwinds, India continues…

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Rare Earth

India Accelerates Rare Earth Mineral Strategy: Piyush Goyal Confirms Trade Pacts, Domestic Exploration, and Recycling Push

Business News Desk03 mins mins

Commerce and Industry Minister Piyush Goyal has confirmed that the Indian government is actively working on a multi-pronged strategy to improve the supply of rare earth minerals, which are critical to sectors such as electronics, defence, renewable energy, and electric vehicles. Speaking at a policy roundtable on October 17, 2025, Goyal outlined steps including bilateral…

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Hyperlocal Delivery

JioMart’s Hyperlocal Delivery Surges 200% in Q2 FY26, Reinforces Reliance Retail’s Quick Commerce Dominance

Business News Desk73 mins mins

In a major boost to India’s quick commerce ecosystem, JioMart, the digital commerce arm of Reliance Retail Ventures Ltd., has recorded a staggering 200% year-on-year growth in its Quick Hyper-Local Delivery segment during Q2 FY26 (July–September 2025). The company added 5.8 million new customers in the quarter, marking a 120% sequential rise, and expanded its…

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Ultratech Cement

Ultratech Cement Unveils ₹10,255 Crore Capex Plan, India Cements to Benefit from Expansion Push

Business News Desk03 mins mins

India’s largest cement manufacturer Ultratech Cement, part of the Aditya Birla Group, has announced a massive ₹10,255 crore capital expenditure plan aimed at expanding its production capacity by 22.8 million tonnes per annum (mtpa). The investment, approved by the company’s board on October 18, 2025, will be executed through a mix of brownfield and greenfield…

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Samsung Electronics

Samsung Electronics Family to Offload $1.2 Billion Stake to Settle Inheritance Tax, Signals Strategic Realignment

Business News Desk03 mins mins

In a significant financial move, the family of Samsung Electronics Chairman Jay Y. Lee has announced plans to sell 17.7 million shares—valued at approximately 1.73 trillion won ($1.22 billion)—in the South Korean tech giant. The sale, disclosed in a regulatory filing on October 18, 2025, is aimed at covering a portion of the inheritance tax…

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Vipul Bhowar

Vipul Bhowar Predicts Strong Double-Digit Market Returns by Diwali 2026, Bullish on Five Key Sectors

Business News Desk13 mins mins

In a confident forecast for India’s equity markets, Vipul Bhowar, Director at Waterfield Advisors, has projected strong double-digit returns by Diwali 2026, citing robust earnings visibility, sectoral rotation, and resilient domestic demand. Speaking to investors and analysts on October 18, 2025, Bhowar emphasized that despite global headwinds, India’s macroeconomic fundamentals remain intact, and selective sectoral…

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IHCL

IHCL and Ambuja Neotia Group Eye Pan-India Hospitality Expansion with Joint Investments Beyond Bengal

Business News Desk03 mins mins

In a strategic move poised to reshape India’s hospitality landscape, Indian Hotels Company Limited (IHCL) and Ambuja Neotia Group are set to expand their partnership beyond West Bengal, transitioning from management contracts to joint investments in new hospitality projects. The development, confirmed by senior executives on October 17, 2025, marks a deepening of their alliance…

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Vijay Kedia

Vijay Kedia Warns Against “Lifeless Money” as Gold & Silver Mania Peaks Amid Record Highs

Business News Desk23 mins mins

As gold and silver prices surge to historic highs in October 2025, ace investor Vijay Kedia has issued a cautionary note to Indian investors, urging them to look beyond bullion and focus on value creation through equities. In a widely discussed statement, Kedia referred to gold and silver as “lifeless money,” arguing that while they…

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Harsh Goenka

IPL’s Valuation Slips to ₹76,100 Crore in 2025: Harsh Goenka Attributes Dip to Gaming Ad Ban, Media Consolidation

Business News Desk03 mins mins

The Indian Premier League (IPL), once hailed as India’s most valuable sporting property, has seen its valuation decline for the second consecutive year, dropping from ₹92,500 crore in 2023 to ₹76,100 crore in 2025, according to D&P Advisory’s Beyond 22 Yards 2025 report. The 18% fall over two years has sparked widespread debate across the…

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Puneet Sharma

Indian HNIs Shift to AIFs for Smarter Returns: Puneet Sharma of WhiteSpace Alpha Decodes the Trend

Business News Desk23 mins mins

India’s high-net-worth individuals (HNIs) are increasingly turning to Alternative Investment Funds (AIFs) to diversify portfolios, enhance returns, and navigate market volatility with precision. According to Puneet Sharma, CEO and Fund Manager at WhiteSpace Alpha, this shift reflects a growing appetite for non-traditional strategies, risk-adjusted performance, and customized wealth solutions. Speaking to Business Today on October…

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