April 23, 2026
Headlines
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India’s Outbound Investments Jump 67% in FY25, Fueled by ESG Priorities, GIFT City Expansion, and Global Tax Realignments

Business News Desk94 mins mins

India’s outbound investments surged by 67.74% in FY2024–25, reaching a record $41.6 billion, up from $24.8 billion in the previous fiscal year, according to EY’s latest report titled “India Abroad: Navigating the Global Landscape for Overseas Investment – 2025”. The sharp rise reflects a strategic pivot by Indian companies toward diversification, sustainability, and global competitiveness,…

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Shankar Sharma Calls Indian Derivatives Market a ‘Complete Scam’, Endorses Shift to US Options Trading

Business News Desk04 mins mins

Veteran investor Shankar Sharma has ignited a fierce debate in India’s financial circles by calling the Indian derivatives market a “complete scam,” citing ultra-high trading costs and systemic inefficiencies that disproportionately hurt retail traders. In a post on X (formerly Twitter), Sharma backed options trader Ananda Sarkar’s decision to move capital to the US markets,…

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Centre’s ₹70,000-Crore Maritime Investment Plan Targets Shipbuilding and Port Infrastructure Revival

Business News Desk04 mins mins

In a bold move to elevate India’s maritime capabilities, the Central government is preparing to launch a ₹70,000-crore financial package aimed at boosting shipbuilding, ship repair, and port infrastructure across the country. The initiative, which is expected to receive Union Cabinet approval by mid-September 2025, is part of a long-term strategy to position India among…

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How Lord Swraj Paul’s Hostile Takeover Attempt Sparked the Birth of India’s ‘Bombay Club’

Business News Desk33355 mins mins

In the early 1980s, a seismic tremor shook India’s corporate corridors—not from within, but from thousands of miles away in London. UK-based industrialist Lord Swraj Paul, chairman of Caparo Group, launched one of India’s first hostile takeover attempts, targeting Escorts Ltd and DCM Ltd. His aggressive bid to gain control of these family-run firms exposed…

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India’s Non-Smartphone Electronics Exports Hit $14 Billion in FY25, Marking Strategic Shift in Tech Manufacturing

Business News Desk04 mins mins

India’s electronics export sector has reached a major milestone in FY25, with non-smartphone electronics shipments crossing $14 billion, according to the Electronics and Computer Software Export Promotion Council (ESC). This surge represents a 32.47% year-on-year growth in total electronics exports, which now stand at $38.57 billion. While smartphones continue to lead the charge, the real…

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Bengaluru Founder Silences American Businessman Who Mocked India’s Talent: “Has a Single Indian Achieved Anything?” Sparks Global Backlash

Business News Desk04 mins mins

A social media storm erupted this week after American businessman and far-right blogger Charles Haywood posted a controversial remark on X (formerly Twitter), questioning India’s contributions to global progress. His post, which read, “Has a single (subcontinent) Indian ever accomplished anything of truly major note in the modern period, in any field? I can’t think…

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Sam Altman Confirms India Visit Next Month, Says “We Are Excited to Invest in India” as OpenAI Expands Local Presence

Business News Desk04 mins mins

OpenAI CEO Sam Altman has officially announced plans to visit India next month, reinforcing the company’s commitment to deepen its footprint in one of the fastest-growing AI markets globally. The visit comes as OpenAI prepares to open its first India office in New Delhi later this year, marking a strategic milestone in its global expansion…

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Holtec Plans to Build 200 SMR Nuclear Reactors in India, CEO Kris Singh Confirms Strategic Expansion

Business News Desk04 mins mins

In a bold move that could redefine India’s energy landscape, Holtec International, a leading US-based nuclear technology firm, has announced plans to build 200 Small Modular Reactors (SMRs) across India. The announcement was made by Holtec’s founder and CEO Dr. Kris Singh, who emphasized that India’s energy needs and infrastructure challenges make it an ideal…

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GST Reforms May Ease Inflation, But RBI Unlikely to Cut Rates Hastily, Says MPC Member Saugata Bhattacharya

Business News Desk04 mins mins

The Reserve Bank of India (RBI) is unlikely to initiate an immediate rate-cutting cycle despite the inflation-cooling potential of the government’s proposed GST reforms, according to Saugata Bhattacharya, external member of the Monetary Policy Committee (MPC). Speaking in an interview following the August policy meeting, Bhattacharya emphasized that the central bank will adopt a cautious,…

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Kokilaben Ambani, Mother of Mukesh and Anil Ambani, Admitted to HN Reliance Hospital in Mumbai Following Medical Emergency

Business News Desk04 mins mins

Kokilaben Dhirubhai Ambani, the 91-year-old matriarch of India’s most influential business family, was admitted to HN Reliance Foundation Hospital in South Mumbai on Friday morning after being airlifted from her residence. The sudden hospitalization has sparked widespread concern, with members of the Ambani family—including Mukesh Ambani, Nita Ambani, Anil Ambani, and Tina Ambani—rushing to the…

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