Raymond Ltd, a name long synonymous with India’s textile and lifestyle legacy, is undergoing a strategic transformation that could redefine its future. According to brokerage firm Nirmal Bang Institutional Equities, the company has decisively pivoted away from its traditional businesses to focus on high-potential engineering verticals—specifically auto components and aerospace & defence. These sectors, now…
India’s economic growth remains resilient despite a persistently uncertain global environment, according to Reserve Bank of India (RBI) Governor Sanjay Malhotra. In the latest Monetary Policy Committee (MPC) minutes released after the August 4–6 meeting, Malhotra emphasized that the domestic economy is broadly tracking the central bank’s projections, with a growth rate of 6.5% for…
Richard Rossow, Senior Adviser and Chair on India and Emerging Asia Economics at the Center for Strategic and International Studies (CSIS), has raised concerns over the pace of economic reforms under the third term of the National Democratic Alliance (NDA) government. In a recent interview, Rossow remarked that “NDA 3.0 has been relatively quiet on…
India’s bond market is entering a new phase of optimism, buoyed by a rare confluence of macroeconomic tailwinds. According to Chirag Doshi, CIO–Fixed Income at LGT Wealth India, the recent sovereign credit rating upgrade by S&P Global, anticipated inclusion of Indian bonds in global indices, and the government’s push for GST reform are collectively creating…
Larsen & Toubro (L&T) Chairman and Managing Director S N Subrahmanyan has expressed optimism about India’s infrastructure trajectory, citing central government-led capital projects as the primary growth driver. In a recent interview, Subrahmanyan said he feels “fairly positive” about the pace and scale of ongoing developments, while urging for “a little more push” on high-speed…
Equirus Capital, one of India’s fastest-growing financial services platforms, is gearing up for a public listing within the next 12 to 18 months. Founder and Managing Director Ajay Garg confirmed the company’s IPO roadmap while emphasizing that the immediate priority remains scaling its wealth management business and stabilizing its newly launched NBFC unit. In a…
Amid a volatile equity landscape and cautious investor sentiment, Rajesh Bhatia, Chief Investment Officer of ITI Mutual Fund, has offered a nuanced view on sectoral opportunities for long-term investors. In a recent interview, Bhatia emphasized the structural strength of India’s defence sector and advised accumulating quality defence stocks during market corrections. He also expressed optimism…
A Vijay Kedia-owned SME stock has taken the spotlight on Dalal Street, rallying 16% in just two trading sessions after reports confirmed that its US-based subsidiary is preparing for a Nasdaq listing. The stock, which trades on the BSE SME platform, saw a surge in volumes and investor interest following the announcement, with analysts citing…
India’s auto sector is gearing up for a potential policy windfall as the government considers a major Goods and Services Tax (GST) rate cut on automobiles ahead of Diwali 2025. The proposed rationalisation—expected to reduce GST on small cars and two-wheelers from 28% to 18%, and on large cars from 43–50% to around 40%—has triggered…
India’s largest retail brokerage Zerodha has rolled out a new feature allowing resident individual investors to open a second demat account under the same login credentials. The move is aimed at improving financial planning, optimizing tax liabilities, and helping users segregate long-term holdings from short-term trading positions. The secondary demat account is now accessible via…
