PVR INOX has sold its premium snacking brand 4700BC to FMCG major Marico, marking its exit from the packaged snacks business. The transaction involves the sale of a majority stake in the company that owns the 4700BC brand and has been completed through an all-cash deal. Focus Back on Core
Adani Defence and Aerospace and Brazilian aircraft maker Embraer have signed a memorandum of understanding to explore aircraft manufacturing opportunities in India. The partnership aims to develop a domestic ecosystem for regional aircraft production in line with India’s push to strengthen its aviation manufacturing capabilities. Scope of the Collaboration Under the MoU,
Indian equity markets ended higher as investor sentiment improved during the session. The BSE Sensex and the Nifty 50 both closed with gains, supported by buying interest in banking, metal, and select infrastructure stocks. Market participants cited optimism around recent trade developments and steady global cues as key drivers. Sectoral Performance and Key Movers Banking
India and the European Union have formally signed a comprehensive Free Trade Agreement, ending nearly two decades of negotiations. Leaders from both sides described the pact as the “mother of all trade deals”, highlighting its scale and economic significance. Key Features of the Agreement The agreement provides for phased reduction and elimination of tariffs on […]
Plans to outsource the management of Islamabad International Airport have been halted after the United Arab Emirates withdrew interest from the project. Pakistani officials said the proposed arrangement, which involved handing operations to a foreign entity, has been put on hold with no new timeline announced. UAE Steps Back From Project The UAE was among […]
UK Prime Minister Keir Starmer has begun a visit to China aimed at repairing and stabilising bilateral relations after years of strain. The visit marks a renewed effort by the UK government to reopen high-level dialogue with Beijing and address areas of mutual economic interest. Trade and Economic Focus During the trip, Starmer is expected […]
NATO Secretary General Mark Rutte said Europe cannot defend itself without the United States, warning against assumptions that the continent can ensure its own security independently. Addressing European lawmakers, Rutte said those who believe Europe can manage its defence alone should “keep dreaming”, underlining the continued importance of the transatlantic alliance.
The Israel Defense Forces said they have recovered and repatriated the remains of the last Israeli hostage held in Gaza, bringing an end to the hostage issue stemming from the October 7, 2023 attacks by Hamas. The remains were identified after a military operation in Gaza and returned to Israel for final rites. End of […]
The Indian Army has been assigned the responsibility of monitoring low-altitude airspace along India’s borders with China and Pakistan to strengthen surveillance against emerging aerial threats. The move is aimed at improving detection and response to drones, unmanned aerial vehicles, and other low-flying objects increasingly used for surveillance and infiltration. New
A senior US administration official criticised the European Union for signing a trade deal with India while the United States and India continue their own trade discussions. The official said the US has “made bigger sacrifices” — including imposing high tariffs on Indian imports linked to energy policy — yet Europe moved ahead quickly with […]















