New Delhi, December 6:India and the United States have jointly called for additional punitive measures — including global asset freezes and arms embargoes — against Pakistan-based terror organisations Lashkar-e-Taiba (LeT) and Jaish-e-Mohammad (JeM), along with their proxy groups, supporters and financiers. The demand was made during the meeting of the India-US Joint Working Group (JWG) … Read more
Ranchi — Left parties have launched a sharp attack on the Central government, alleging that it is deliberately pushing the Heavy Engineering Corporation (HEC) towards closure in order to facilitate the transfer of its vast land assets. Leaders of the CPI, CPI(M), and other Left organisations claim that a systematic effort has been underway for … Read more
Lucknow — In a significant boost for state finances, Uttar Pradesh recorded an increase of ₹608.06 crore in revenue collection in November, even though GST rates on several items were recently reduced. According to official figures, the state’s revenue in November of the current financial year surpassed that of the same month last year, highlighting … Read more
Bengaluru, India: In a transformative move for India’s biopharmaceutical landscape, Biocon Limited announced that it will fully integrate Biocon Biologics Limited (BBL) as a wholly-owned subsidiary in a transaction valuing the biosimilars business at $5.5 billion. The integration officially marks a strategic pivot away from the previously indicated plan for an initial public offering (IPO) … Read more
The Indian rupee fell past the crucial ₹90-per-dollar mark on Wednesday, sending ripples through financial markets and heightening worries about the country’s macroeconomic outlook. The breach — widely viewed as a psychological red line — comes after the rupee has already lost more than 5% in value since the start of the year. What makes … Read more
In a move aimed at boosting India’s appeal as a global investment destination, the Securities and Exchange Board of India (Sebi) has unveiled a single-window access system to simplify market entry for low-risk foreign investors. The new framework — Single Window Automatic & Generalised Access for Trusted Foreign Investors (SWAGAT-FI) — is designed to streamline … Read more
New Delhi: India’s ecommerce penetration has the potential to eventually match the scale of WhatsApp usage in the country, driven by rapid growth from smaller cities and towns and accelerated by investments in technology and artificial intelligence, said Meesho Cofounder and Whole-Time Director Sanjeev Kumar. Speaking ahead of Meesho’s highly anticipated ₹5,421-crore IPO, Kumar highlighted … Read more
As overseas investments into Indian mutual funds continue to rise, Non-Resident Indians (NRIs) are increasingly reconsidering whether to route their India-linked finances through Non-Resident External (NRE) or Non-Resident Ordinary (NRO) accounts. Financial experts note that the choice between the two has direct implications for tax liability and the ease of transferring funds abroad. According to … Read more
India’s industrial growth slowed sharply in October, with the Index of Industrial Production (IIP) rising just 0.4%, according to data released by the Ministry of Statistics and Programme Implementation (MoSPI). The steep moderation has been attributed largely to fewer working days during the month, as major festivals including Dussehra, Diwali and Chhath curtailed production schedules … Read more
The National Capital Region Transport Corporation (NCRTC) has announced the invitation of bids for the licensing of commercial spaces across multiple stations on the Delhi–Meerut Namo Bharat corridor, opening up a major opportunity for businesses to partner with India’s first semi-high-speed regional rail network. According to NCRTC, the initiative is aimed at creating people-friendly commercial … Read more
Market analysts expect select banking and metal stocks to remain in focus this week, with Shrikant Chouhan of Kotak Securities recommending ICICI Bank and Gravita India as top ‘buy’ calls for investors seeking medium-term opportunities. ICICI Bank — BUY According to Chouhan, ICICI Bank continues to demonstrate strong financial and operational performance, supported by a … Read more
India’s Goods and Services Tax (GST) revenues experienced a noticeable slowdown in November, the first full month after the implementation of the rationalised GST 2.0 rate structure, signalling possible short-term turbulence for the indirect taxes regime. According to official data, net GST revenues grew only 1.3% year-on-year to ₹1.52 trillion, reflecting a sharp sequential moderation … Read more
Indian pharmaceutical major Lupin has received approval from the US Food and Drug Administration (US FDA) for Armlupeg (pegfilgrastim-unne), marking a historic milestone as the company’s first biosimilar approval in the United States — the world’s largest pharmaceutical market. Armlupeg is a biosimilar to Amgen’s blockbuster drug Neulasta and will be manufactured at Lupin’s state-of-the-art … Read more
British tech brand Nothing has reportedly started rolling out its Android 16–based NothingOS 4.0 update to the Phone 3a series, marking the next major software milestone for the company’s mid-range smartphones. According to a report by GSMArena, both the Nothing Phone 3a and Phone 3a Pro — launched earlier this year — have begun receiving … Read more
French video game publisher Ubisoft has hinted that Assassin’s Creed Shadows may not receive another major story expansion beyond the recently released Claws of Awaji DLC. The update came from Assassin’s Creed Shadows associate game director Simon Lemay-Comtois during an interview with YouTuber JorRaptor. When asked whether players could expect a second large-scale DLC comparable … Read more
In early Asian trading on December 1, 2025, Bitcoin plunged as much as 4.3% — dropping below $88,000 — extending a sharp downturn that began in November. The sudden slide triggered a cascade of forced liquidations: long-position traders bore the brunt, with hundreds of millions of dollars wiped out within minutes. According to reports, the … Read more
Mumbai, November 24: Shares of Hindustan Aeronautics Limited (HAL) plunged sharply on Monday after a Tejas fighter jet crashed during a demonstration at the Dubai Air Show 2025, triggering concerns among investors. The PSU defence stock fell 8.48% to ₹4,205.25 on the BSE at open, while on the NSE, the stock declined 4.13% to ₹4,405. … Read more
Mumbai, November 24: Gold prices slumped sharply on Monday morning on the Multi Commodity Exchange (MCX), tracking a strengthening US dollar and fading expectations of another US Federal Reserve rate cut in December. Easing geopolitical tensions also weighed on the safe-haven demand for bullion. At 10:30 am, MCX Gold December futures were trading 1.17% lower … Read more
New Delhi: Reliance Industries Ltd (RIL), India’s largest fuel exporter and the country’s biggest buyer of Russian crude, has stopped importing Russian oil into its export-oriented refinery in order to comply with the European Union’s upcoming ban on petroleum products derived from Russian-origin crude. RIL operates the world’s largest single-location refining complex at Jamnagar in … Read more
Global technology stocks climbed sharply on Thursday after Nvidia reported stronger-than-expected earnings, restoring investor confidence in the AI sector and easing concerns that the recent boom may have been heading toward a bubble. Nvidia posted a 62% year-on-year revenue jump to $57.01 billion, beating forecasts and issuing upbeat guidance for the fourth quarter. The bullish … Read more
Jaiprakash Power Ventures Ltd (JP Power) has delivered a powerful rally on the Street, soaring over 29% across just two sessions as investor sentiment turned sharply positive. JP Power shares continued their upward climb on Thursday, jumping 12.26% to hit an intraday high of ₹22.80. This surge comes on the back of a strong previous … Read more
U.S. retail giant Walmart is preparing to take a major step to tackle the rising problem of counterfeit products, online scams, and non-compliant listings on its marketplace. According to reports, the company is in advanced discussions to acquire Israeli-founded AI startup “R&A Data.” R&A Data, founded in 2022 by two former Israeli intelligence officers — … Read more
Domestic equity benchmarks Sensex and Nifty ended the week on a slightly negative note, snapping their four-week winning streak. Both indices declined about 0.3% each, weighed down by profit-booking and mixed global cues. Analysts said the broader market remained resilient, even as volatility picked up toward the end of the week. According to Ajit Mishra, … Read more
New Delhi, October 24, 2025:Shares of leading aluminium and base-metal producers — Vedanta Ltd, Hindalco Industries, and National Aluminium Company (NALCO) — rallied sharply in Friday’s session as aluminium prices surged on global and domestic exchanges. Aluminium prices on the London Metal Exchange (LME) climbed past $2,850 per tonne, while on the Indian commodity exchange … Read more
