India’s foreign exchange reserves witnessed a significant boost, rising by $4.4 billion, following a large-scale dollar swap conducted by the Reserve Bank of India (RBI). This development has strengthened the country’s financial position, providing greater stability to the rupee and enhancing India’s ability to manage external shocks. Background of the Forex Reserve Increase Key Highlights…
India’s small business lending landscape has undergone a significant transformation over the past two years, with private sector banks emerging as the dominant force while public sector banks (PSBs) have steadily lost market share. A recent report highlights how private banks have leveraged technology, customer-centric models, and faster credit disbursement to capture the growing demand…
Bengaluru’s real estate market is set for a major boost as Mana Projects, one of the city’s prominent developers, announced plans to launch 3.3 million square feet of mid-segment housing projects by the end of FY26. The homes will be priced in the range of ₹1.7 crore to ₹3 crore, targeting the growing demand from…
Indian IT services major Coforge is reportedly in advanced discussions for a $1 billion-plus acquisition, a move that could significantly reshape its global footprint and service capabilities. The company’s board is also expected to deliberate on a potential fundraise to support this ambitious expansion, signaling Coforge’s intent to strengthen its position in the highly competitive…
India’s aviation sector is poised for another exciting chapter with the announcement that Shankh Air will soon begin its flight operations. The new airline is expected to add dynamism to the domestic aviation market, offering passengers more choices, competitive fares, and enhanced connectivity across key routes. With India’s aviation industry witnessing rapid growth, Shankh Air’s…
Indian billionaire industrialist Anil Agarwal, Chairman of Vedanta Resources, has shifted his focus towards silver, expressing bullish sentiment after the metal’s extraordinary rally that outpaced gold by nearly 125%. This development has sparked widespread interest in commodity markets, with analysts, investors, and industry stakeholders closely watching silver’s trajectory as it emerges as a key player…
In a landmark development for India’s railway infrastructure financing, the Indian Railway Finance Corporation (IRFC) has extended a massive Rs 9,821 crore loan to the Dedicated Freight Corridor Corporation of India Limited (DFCCIL). This funding arrangement also includes the refinancing of World Bank debt in rupee terms, marking a significant step toward strengthening India’s freight…
Global technology giant Samsung is intensifying its manufacturing footprint in India, with plans to expand into local display production under the Production-Linked Incentive (PLI) scheme. This strategic move underscores the company’s confidence in India’s growing role as a global electronics hub and aligns with the government’s vision to boost domestic manufacturing, reduce import dependency, and…
India’s fast-growing quick commerce startup Zepto is preparing to take a major leap in its corporate journey by confidentially filing draft IPO papers on December 26. The move marks a significant milestone for the company, which has rapidly emerged as one of the leading players in the quick commerce space, competing with established giants and…
India’s ambitious plan to achieve $1 trillion in exports by FY26 is facing significant headwinds, according to a recent assessment by the Global Trade Research Initiative (GTRI). The report highlights that global economic slowdown, weakening demand in key markets, and persistent supply chain challenges are likely to derail India’s export trajectory, despite strong government initiatives…
