In a high-stakes diplomatic engagement, India’s External Affairs Minister S Jaishankar is set to meet US Secretary of State Marco Rubio in New York today, marking their first face-to-face interaction since the United States imposed a steep 50% tariff on Indian goods over New Delhi’s continued purchase of Russian oil. The meeting, scheduled on the…
India’s equity markets are poised for a festive rally as corporate earnings enter an upgrade cycle, according to Sonam Srivastava, Founder and Fund Manager at Wright Research PMS. With the Nifty and Sensex showing signs of renewed momentum, Srivastava believes the stage is set for fresh highs around Diwali, driven by stabilizing macro indicators, easing…
OpenAI CEO Sam Altman has reignited the global debate on artificial intelligence and employment disruption with a bold prediction: several job categories are on the brink of extinction due to rapid AI advancement. Speaking on The Tucker Carlson Show, Altman said he is “confident” that customer service roles and routine programming jobs will be among…
The simmering ownership dispute within the Kalyani-Hiremath family has resurfaced as Amit Kalyani, son of Bharat Forge chairman Baba Kalyani, seeks re-election to the board of Hikal Ltd—a specialty chemicals and pharmaceuticals company co-founded by the family. The reappointment bid, which comes under an ordinary resolution, is expected to face stiff resistance from Amit’s aunt,…
India’s sugar mills are expected to miss their government-mandated export quota for the 2024–25 season, shipping only around 775,000 metric tons against the allocated 1 million tons. The shortfall is attributed to a surge in global sugar supplies from Brazil, which has driven international prices to a four-year low, making Indian shipments less competitive in…
In a landmark policy shift poised to reshape West Bengal’s industrial landscape, the state cabinet has officially granted industry status to the logistics sector, sparking optimism for accelerated growth, infrastructure development, and employment generation. The decision, approved during the cabinet meeting chaired by Chief Minister Mamata Banerjee on September 19, 2025, is being hailed as…
Union Commerce and Industry Minister Piyush Goyal is expected to travel to Washington in the next few days to advance negotiations on the proposed India-US Bilateral Trade Agreement (BTA), according to senior government sources. The visit follows a seven-hour meeting held in New Delhi on September 16 between US Chief Negotiator Brendan Lynch and Indian…
In a dramatic turnaround that has electrified Dalal Street, the Securities and Exchange Board of India (SEBI) has officially dismissed all allegations made by US-based short-seller Hindenburg Research against the Adani Group. The verdict, delivered on September 18, 2025, has triggered a ₹46,000 crore rally in Adani Group stocks, restoring investor confidence and marking the…
Sampat Aluminium Ltd, a Gujarat-based manufacturer of aluminium long products, has closed its maiden public offering with a staggering 153.8 times subscription, reflecting robust investor appetite despite modest grey market premium (GMP) signals. The ₹30.53 crore IPO, which opened on September 17 and closed on September 19, 2025, received bids worth ₹3,386.4 crore against an…
In a major development that has sent shockwaves through India’s financial and corporate sectors, the Central Bureau of Investigation (CBI) has filed a chargesheet against industrialist Anil Ambani and former Yes Bank CEO Rana Kapoor in connection with a ₹2,796 crore corruption case. The chargesheet, submitted before a special court in Mumbai on September 18,…
