In a landmark development for India’s banking sector, Emirates NBD Bank, one of the largest banking groups in the Middle East, has received approval from the Competition Commission of India (CCI) to acquire a majority stake in RBL Bank. The move is expected to reshape the private banking landscape in India, strengthen RBL Bank’s capital…
India’s economy received a boost in December 2025 as the core sector output grew by 3.7%, driven by strong performances in fertiliser, cement, and coal production. The data reflects resilience in India’s industrial base, which accounts for nearly 40% of the country’s Index of Industrial Production (IIP). The growth, though moderate compared to earlier months,…
Tata Capital, one of India’s leading non-banking financial companies (NBFCs), has announced its Q3 FY26 results, reporting a 17% year-on-year rise in net profit to Rs 1,257 crore. The strong performance reflects the company’s robust lending portfolio, improved asset quality, and continued focus on retail and infrastructure financing. Background of the Results Key Highlights Indicator…
The International Monetary Fund (IMF) has released its latest World Economic Outlook report, projecting that the global economy will grow at 3.3% in 2026, maintaining resilience despite ongoing trade tensions, tariff disruptions, and geopolitical risks. The report highlights how investment in artificial intelligence (AI), digital infrastructure, and diversified supply chains are helping offset challenges posed…
In a surprising turn of events, RBL Bank shares fell nearly 9% even after the lender reported a 555% year-on-year jump in net profit for Q3 FY26. The sharp decline in stock price has left investors puzzled, raising questions about market sentiment, asset quality concerns, and the future outlook for the private sector bank. Background…
India is on the cusp of what many analysts are calling the “mother of all trade deals”, a landmark agreement that could reshape the country’s economic trajectory for decades to come. As negotiations intensify, the deal is expected to open new markets, strengthen India’s global trade position, and provide a significant boost to domestic industries….
India’s largest private sector lender, HDFC Bank, has announced its Q3 FY26 results, reporting a strong 11% year-on-year (YoY) surge in net profit to Rs 18,654 crore. The robust performance underscores the bank’s resilience amid challenging macroeconomic conditions and highlights its ability to maintain growth momentum across lending, deposits, and digital banking services. Background of…
India’s energy sector is facing fresh turbulence as US sanctions on Russian oil trade begin to disrupt supply chains, forcing major refiners like Reliance Industries to pause certain purchases. The development has triggered a reshuffling of buyers and sellers in the global oil market, raising questions about India’s long-term energy security and the strategies of…
A recent report has revealed that Kuwait is considering the cancellation of oil project tenders worth $8.7 billion, sparking concerns across global energy and infrastructure markets. The news has had a direct impact on Indian engineering giant Larsen & Toubro (L&T), whose shares fell by nearly 3% in trading, as investors weighed the potential implications…
The Federation of Indian Chambers of Commerce and Industry (FICCI) has strongly advocated for the creation of a dedicated electronics park in India as part of the upcoming Union Budget 2026-27. The proposal aims to accelerate India’s ambitions of becoming a global hub for electronics manufacturing, reduce import dependency, and strengthen the country’s position in…
