In a landmark deal that reshapes India’s alcoholic beverages industry, Tilaknagar Industries Limited (TI) has successfully completed the Rs 4,150 crore acquisition of Imperial Blue, one of the most popular whisky brands in the country, from French multinational Pernod Ricard. This acquisition marks a significant turning point for Tilaknagar, positioning it as a stronger player…
The future of work is once again under the spotlight after Elon Musk, the billionaire entrepreneur and CEO of Tesla, SpaceX, and xAI, made another bold prediction during his conversation on Nikhil Kamath’s podcast. Musk, known for his provocative insights into technology and society, declared that artificial intelligence (AI) will fundamentally reshape jobs, sparking intense…
Japan’s financial markets witnessed a historic moment as the two-year government bond yield surged to its highest level since 2008, driven by growing expectations that the Bank of Japan (BoJ) may finally move toward a rate hike. This development marks a significant shift in Japan’s monetary policy landscape, which has been dominated by ultra-low interest…
Reliance Industries Limited (RIL), India’s largest conglomerate led by Mukesh Ambani, is entering what analysts are calling its fourth monetisation wave, raising questions about whether the company’s massive $80 billion post-Covid capital expenditure (capex) will finally deliver transformative returns by 2026. With investments spanning telecom, retail, green energy, and digital platforms, Reliance is positioning itself…
The upcoming Reserve Bank of India (RBI) monetary policy meeting is expected to be one of the most closely watched events of the year, as reports suggest the central bank may announce a 25 basis points (bps) interest rate cut on Friday. This potential move comes amid slowing inflation, global economic uncertainties, and the need…
India’s economic outlook has received a significant boost as the GDP forecast for FY26 has been revised upward to 7% from the earlier estimate of 6.5%. This revision reflects strong domestic demand, resilient manufacturing activity, robust services growth, and favorable macroeconomic conditions. The announcement has generated optimism among policymakers, investors, and businesses, positioning India as…
Global technology giant IBM has reiterated its strategy of investing in products and solutions that the company itself actively uses, emphasizing the philosophy of “we drink our own champagne”—a modern twist on the old phrase “eating your own dog food.” This approach highlights IBM’s confidence in its innovations, ensuring that the tools it builds for…
The long-running National Spot Exchange Limited (NSEL) fraud case, often described as one of India’s most significant financial scandals, has finally reached closure. The National Company Law Tribunal (NCLT) has approved a ₹1,950 crore settlement plan, bringing an end to years of litigation, investor anxiety, and regulatory scrutiny. This decision marks a historic moment in…
In a landmark move set to reshape India’s capital markets, Real Estate Investment Trusts (REITs) will be officially classified as equity instruments starting January 2026, with eligibility for index inclusion opening after July 2026. This regulatory change is expected to boost liquidity, attract institutional investors, and strengthen the real estate sector’s integration with mainstream equity…
India’s economic landscape is witnessing a rare combination of robust GDP growth and all-time low inflation, raising expectations that the Reserve Bank of India (RBI) could slash the repo rate in its upcoming monetary policy review. With GDP growth soaring to 8.2% in Q2 FY2025-26 and headline inflation dropping to just 0.25% year-on-year in October,…
