India’s currency movements have once again become a subject of national debate, with former NITI Aayog Vice Chairman Rajiv Kumar stating that the depreciation of the Indian rupee against major world currencies could be beneficial for the economy. His remarks highlight a nuanced perspective on exchange rate dynamics, suggesting that a weaker rupee may actually…
India’s fiscal roadmap for FY26 is drawing significant attention as global investment bank Goldman Sachs has projected that the government will remain on track to meet its fiscal deficit targets despite tax shortfalls. The report highlights that the government is likely to cut capital expenditure (capex) to balance the books, ensuring fiscal discipline while maintaining…
India’s monetary policy is once again in the spotlight as the Reserve Bank of India (RBI) prepares for its upcoming policy review. According to a report by Bank of Baroda (BoB) economists, the central bank is expected to hold the repo rate steady at 5.50% while maintaining a neutral stance. This decision, if confirmed, would…
The Indian equity markets are witnessing a dynamic shift as Foreign Institutional Investors (FIIs) make a strong comeback while Domestic Institutional Investors (DIIs) rotate their portfolios, creating renewed optimism for midcap and smallcap stocks. According to Sunil Subramaniam, Managing Director of Sundaram Mutual Fund, this trend signals a potential resurgence in broader market segments that…
India’s capital markets are set for a landmark moment as the Securities and Exchange Board of India (SEBI) has officially cleared the Rs 10,000 crore Initial Public Offering (IPO) of ICICI Prudential Asset Management Company (AMC). This IPO is expected to be one of the largest in the asset management sector, signaling strong investor interest…
The Indian capital markets are set to witness another promising entry as Neochem Bio Solutions, a specialty chemicals and biotechnology company, announced that it has successfully raised Rs 12 crore from anchor investors ahead of its upcoming Rs 45-crore SME IPO. The public issue is scheduled to open on Tuesday, marking a significant milestone for…
India’s manufacturing and technology sectors have welcomed the government’s announcement of a Rs 7,280 crore Rare Earth Permanent Magnet (REPM) scheme, calling it a landmark initiative that will reduce import dependence and strengthen domestic capabilities in critical materials. Rare earth magnets are essential components in electric vehicles (EVs), wind turbines, electronics, defense systems, and renewable…
India’s fintech landscape is poised for a transformative shift as Navi, the Bengaluru-based financial services company, gears up for what its CEO Rajiv Naresh calls a “breakout year” in 2026. With its ambitious credit-on-UPI initiative, Navi aims to redefine how Indians access and use credit, leveraging the country’s most widely adopted digital payments platform. Navi’s…
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…
