India’s auto sector is gearing up for a potential policy windfall as the government considers a major Goods and Services Tax (GST) rate cut on automobiles ahead of Diwali 2025. The proposed rationalisation—expected to reduce GST on small cars and two-wheelers from 28% to 18%, and on large cars from 43–50% to around 40%—has triggered…
India’s largest retail brokerage Zerodha has rolled out a new feature allowing resident individual investors to open a second demat account under the same login credentials. The move is aimed at improving financial planning, optimizing tax liabilities, and helping users segregate long-term holdings from short-term trading positions. The secondary demat account is now accessible via…
In a move that blends economic pragmatism with geopolitical messaging, the Indian government has suspended the 11% import duty on raw cotton until September 30, 2025. The decision, announced late Monday, eliminates both the 5% basic customs duty and the 5% agriculture infrastructure and development cess, offering immediate relief to India’s textile and garment industry…
Despite the looming threat of steep tariffs imposed by the United States, Russia has assured that its trade with India will remain unaffected, thanks to what officials describe as a “very special mechanism” designed to bypass Western sanctions and maintain uninterrupted bilateral commerce. The announcement comes in the wake of the Trump-Putin summit in Alaska,…
India’s private sector is finally stepping off the sidelines and re-entering the capital expenditure arena, according to Larsen & Toubro (L&T) Chairman and Managing Director S N Subrahmanyan. In a recent interview, Subrahmanyan declared that “private capex is back,” marking a pivotal moment in India’s investment cycle after years of cautious spending. The shift, he…
India’s stock market is poised for a rerating as Emkay Global Financial Services upgrades its Nifty 50 target to 28,000 for September 2026, citing the upcoming Goods and Services Tax (GST) rationalisation as a landmark reform. The brokerage firm believes the reform will act as a growth catalyst, simplify compliance, and accelerate formalisation of the…
JSW Cement, the recently listed arm of the JSW Group, has caught the attention of investors and analysts alike as Motilal Oswal Financial Services (MOFSL) initiates coverage with a “Neutral” rating. The brokerage values the stock at ₹163 per share, implying a modest upside of 9% from its previous close of ₹150.1. In its bull…
India is poised for a transformative shift in its indirect tax regime as the government rolls out next-generation Goods and Services Tax (GST) reforms. Chief Economic Advisor (CEA) Dr. V Anantha Nageswaran has hailed the proposed overhaul as a “Diwali gift” for the nation, emphasizing that the reforms will reduce the tax burden on households…
Uttar Pradesh, India’s most populous state, is often celebrated for its cultural heritage, political influence, and historical significance. But beneath the layers of tradition and governance lies a thriving entrepreneurial ecosystem that has quietly produced some of the country’s wealthiest individuals. From FMCG giants to fintech pioneers, the state’s billionaires have built empires that span…
Paradeep Phosphates Ltd (PPL), one of India’s leading fertiliser manufacturers, has announced a bold ₹1,500 crore expansion strategy aimed at doubling its market share in the phosphatic fertiliser segment by FY26. The Bhubaneswar-headquartered company, which reported a turnover of nearly ₹14,000 crore in FY25, plans to scale its production capacity from 2.6 million tonnes to…
India’s exporters, who play a vital role in strengthening the nation’s foreign exchange reserves and creating jobs, have once again voiced their concerns about the mountains of paperwork and bureaucratic delays they face daily. A leading factory owner recently appealed to the Modi government to simplify trade processes, arguing that unless regulatory bottlenecks are addressed,…
India’s manufacturing landscape is witnessing a massive transformation, with global giants increasing their investments and expanding production capabilities. One of the latest developments came from Samsung, which has broadened its production portfolio in India, reaffirming its commitment to the government’s “Make in India” and “Atmanirbhar Bharat” initiatives. Union Minister for Electronics and Information Technology, Ashwini…
The Group of Ministers (GoM) on Goods and Services Tax (GST) is expected to meet next week to deliberate on some of the most crucial reforms in the indirect tax system since its implementation in 2017. With several long-pending proposals awaiting consensus, the meeting comes at a time when both the Centre and states are…
India is intensifying its focus on critical minerals and rare earths as part of its broader push for economic security, green transition, and industrial growth. A recent report has outlined five strategic policy pillars that could pave the way for India’s self-reliance in rare earth elements (REEs)—a segment currently dominated by a few global players,…
In a significant move that could impact lakhs of borrowers, State Bank of India (SBI), Bank of Baroda (BoB), and Indian Overseas Bank (IOB) have announced a reduction in their Marginal Cost of Funds-based Lending Rate (MCLR) across select tenures. The revision in lending rates is expected to make home loans, car loans, and personal…
The Indian stock market is abuzz with excitement as a series of upcoming IPOs (Initial Public Offerings) are lined up for investors in 2025. With companies across sectors such as fintech, renewable energy, consumer goods, real estate, and healthcare preparing to hit Dalal Street, investors are eager to understand the details of issue size, price…
The Indian economy has long been driven by its consumption story, with nearly 60% of GDP attributed to household spending. In this context, the Nifty India Consumption Index has emerged as a critical benchmark for investors aiming to capitalize on India’s domestic demand. Representing a carefully curated basket of companies across fast-moving consumer goods (FMCG),…
The Indian equity market is standing at a critical juncture with the Nifty 50 index hovering around the 25,000 mark. According to a recent market report, the index could experience a sharp swing in the range of -11% downside to +4% upside, reflecting the growing uncertainty surrounding macroeconomic factors such as inflation, global monetary policies,…
Shares of National Securities Depository Limited (NSDL) fell sharply for the second consecutive session, as investors reacted to the company’s first quarterly earnings post listing. The stock plunged nearly 18% intraday on August 13, extending the previous day’s sell-off triggered by weaker-than-expected Q1 FY26 results. The correction comes after the stock’s remarkable 62% rally since…
India’s foreign exchange reserves are expected to record an increase in the latest reporting week, despite ongoing interventions by the Reserve Bank of India (RBI) to manage the rupee’s volatility and the maturity of a large foreign currency swap facility. Economists tracking central bank data suggest that healthy capital inflows, strong remittances, and robust export…
In a major move to expand its financial services portfolio, Niyo, India’s leading consumer neo-banking platform, has announced the acquisition of Kanji Forex, one of the country’s reputed foreign exchange service providers. Alongside this acquisition, Niyo has appointed Amit Talwar, a seasoned banking professional from IndusInd Bank, as the new Chief Executive Officer (CEO) of…
In a development that has created a buzz in the corporate and entertainment circles alike, Upasana Kamineni Konidela, noted entrepreneur and philanthropist, is set to inherit the sprawling Rs 77,000 crore business empire of the Kamineni family. Known for her leadership role in the Apollo Hospitals Group and her high-profile marriage to Tollywood superstar Ram…
In a historic moment for the Indian infrastructure and construction sector, JSW Cement Ltd., a leading green cement manufacturer, has made its much-anticipated debut on the stock exchanges. The listing marks the latest chapter in the growth story of the JSW Group, one of India’s largest conglomerates. Speaking on the occasion, Sajjan Jindal, Chairman and…
In a major boost to India’s industrial recovery efforts, the National Company Law Tribunal (NCLT) has approved INSCO’s ₹2,250 crore revival plan for Hindustan National Glass & Industries Ltd. (HNG), the country’s largest container glass manufacturer. The green light marks a significant milestone in reviving the debt-ridden company and safeguarding thousands of jobs across its…
In a significant development in India’s corporate landscape, the Mistry family has expressed its support for Noel Tata joining the board of Tata Sons, the principal holding company of the Tata Group. This move, if formalized, could mark an important step towards easing past tensions between the two influential families and ensuring smoother governance at…
In a significant boost to its growth ambitions, non-banking financial company (NBFC) Seeds Fincap has successfully raised ₹50 crore in a funding round led by Z47 and Lok Capital, two prominent investors in India’s financial services sector. The fresh capital is aimed at strengthening the company’s lending portfolio, expanding its customer base in semi-urban and…
In a significant regulatory development, the Securities and Exchange Board of India (Sebi) has rejected industrialist Anil Ambani’s settlement application relating to alleged violations in connection with investments in Yes Bank bonds. Official documents indicate that the settlement plea, which was aimed at resolving the matter without prolonged litigation, did not meet the regulator’s criteria…
Indian exporters could face a significant blow to their competitiveness in the United States market as rising tariff barriers threaten to make exports economically unviable, according to a recent analysis by Crisil Ratings. The report warns that multiple industries, from engineering goods and textiles to chemicals and metals, may experience margin pressures and potential market…
In a significant leadership move, SMFG India Credit (formerly Fullerton India Credit Company Limited) has announced the appointment of Ravi Narayanan as its new Chief Executive Officer (CEO). Narayanan, a seasoned banking professional with over three decades of experience in retail and commercial banking, will lead the company’s next phase of growth, focusing on strengthening…
In a market scenario marked by cautious optimism and selective buying, Siddharth Vora, Head of Investment Strategy & Fund Manager – PMS at Prabhudas Lilladher, has revealed that his investment team is holding 14-15% of their portfolio in cash to navigate what he describes as a slightly bearish undertone. This measured approach comes as equity…
In a major move signalling confidence in India’s booming quick commerce sector, Motilal Oswal Financial Services (MOFS) has announced a ₹400 crore investment in Zepto, one of the country’s fastest-growing instant grocery delivery platforms. This funding injection is expected to strengthen Zepto’s competitive position against rivals like Blinkit, Swiggy Instamart, and BigBasket Now, as it…
In the fiercely competitive Indian mutual fund industry, Jio BlackRock is betting big on one factor it believes will outshine product variety, brand legacy, and even pricing — digital trust. The joint venture between Reliance’s Jio Financial Services and global asset management giant BlackRock is positioning itself to leverage India’s fast-growing digital infrastructure and rising…
In the fast-paced and often headline-grabbing world of stock markets, it’s usually big IPOs, soaring stock prices, or market crashes that dominate the news cycle. Yet, according to Zerodha co-founder and CEO Nithin Kamath, one of the most impactful developments for retail investors in recent years came not from flashy announcements, but from a quiet…
The much-anticipated initial public offering (IPO) of Regaal Resources Ltd has officially opened for public subscription, drawing significant attention from retail and institutional investors. With the grey market premium (GMP) hovering around 22%, market participants are keen to know whether the stock offers strong listing gains or is a long-term portfolio candidate. IPO Details and…
In a significant development for India’s pharmaceutical and biotechnology sector, Avendus Future Leaders Fund (FLF) has spearheaded a ₹300-crore investment in Aragen Life Sciences, a leading contract research, development, and manufacturing organization (CRDMO). The deal not only strengthens Aragen’s capital base but also positions it for accelerated growth in the global life sciences market. Strengthening…
Shares of IDFC First Bank are expected to be in the spotlight after Platinum Invictus, a prominent global investment firm, received the Reserve Bank of India (RBI)’s approval to invest Rs 2,624 crore in the lender. The regulatory nod paves the way for one of the largest private equity-led capital infusions in India’s banking sector…
India’s energy strategy has once again come into the spotlight after Nobel Prize-winning economist Abhijit Banerjee urged policymakers to reconsider the long-term viability of importing discounted Russian oil. Speaking at a recent economic policy forum, Banerjee suggested that the benefits of cheap crude should be weighed against potential geopolitical and trade repercussions, particularly in light…
The Indian primary market is set for a busy week as six new initial public offerings (IPOs) are scheduled to open on Dalal Street, collectively aiming to raise an estimated ₹1,938 crore. This comes amid rising investor interest in fresh equity issues, supported by strong domestic liquidity and robust retail participation. Analysts believe that this…
In a surprising turn of events, Zerodha co-founder Nikhil Kamath and Perplexity AI CEO Aravind Srinivas have ignited a captivating online conversation that financial experts say could potentially impact investor sentiment and influence India’s stock market updates. What started as a thought-provoking tweet exchange has quickly evolved into a widely discussed thread, bringing together traders,…
In a decisive move to strengthen its balance sheet and reduce stressed assets, Punjab National Bank (PNB) has announced its plan to sell non-performing assets (NPAs) worth approximately ₹5,000 crore to Asset Reconstruction Companies (ARCs) during the current financial year. According to PNB Managing Director Atul Kumar Goel Chandra, the bank aims to achieve a…
In a strong reaffirmation of India’s commitment to improving its investment climate, Union Minister of Commerce and Industry Piyush Goyal highlighted the country’s ability to swiftly resolve business challenges, further strengthening its image as a global business-friendly destination. Speaking at an industry interaction, Goyal emphasised that the government’s pro-active approach, policy reforms, and real-time problem…
Connplex Cinemas Ltd, a rapidly expanding multiplex chain headquartered in Gujarat, is set to enter the capital markets with its Initial Public Offering (IPO) opening for subscription on August 7, 2025. The IPO has generated considerable interest among retail and SME investors as the regional entertainment chain gears up to scale operations across Western and…
In a bold and optimistic projection, ace investor and Motilal Oswal Financial Services Chairman Raamdeo Agrawal has stated that India’s unlisted companies hold the potential to unlock ₹150 lakh crore in market value, possibly doubling the country’s total market capitalisation in the next four years. Agrawal, known for his long-term bullish stance on the Indian…
In a spectacular debut that has caught the attention of retail and institutional investors alike, Aditya Infotech Ltd made headlines after listing at a sharp premium on the stock exchanges. The listing pop resulted in non-institutional investors (NIIs) making up to ₹1.3 lakh in profit per application on the very first day of trade. The…
In a major development that could significantly reshape India’s financial services landscape, Tata Capital Ltd has officially filed preliminary papers with market regulator SEBI for its highly anticipated Initial Public Offering (IPO). The move marks the Tata Group’s first major public issue in over a decade and paves the way for the listing of one…
In a strategic move that could reshape energy diplomacy in South Asia, India’s Nayara Energy has dispatched its first fuel shipment since the imposition of EU sanctions targeting Russian oil products, intensifying scrutiny on India’s balancing act between its long-standing partnership with Russia and its growing engagement with the United States. The development signals India’s…
In a significant leadership development, Gautam Adani has stepped down from his key managerial position at Adani Ports and Special Economic Zone Ltd. (APSEZ), the flagship transport and logistics arm of the Adani Group. The move comes as part of an ongoing leadership realignment strategy aimed at separating the roles of governance and management, aligning…
In a bold and visionary move, the state of Andhra Pradesh has extended full support to Deepinder Goyal’s ambitious jet engine project, signaling a major shift in India’s domestic aerospace innovation landscape. The Zomato co-founder, known for redefining the food tech industry, is now making waves in the high-stakes aviation sector with plans to manufacture…
Despite various states rolling out lucrative incentives to attract textile businesses, Tiruppur’s knitwear manufacturers remain steadfast in their commitment to Tamil Nadu, resisting pressure to shift investments elsewhere. The industry, widely considered the knitwear capital of India and a vital export hub, has signaled a strong preference for retaining and expanding operations within the state…
In a strategic move that reflects a shift in retail strategy and fiscal discipline, Kalyan Jewellers, one of India’s leading jewellery brands, is embarking on an ambitious expansion journey through a franchise model to reduce corporate debt while rapidly increasing its pan-India retail footprint. The company, renowned for its wide assortment of gold, diamond, and…
