The Adani Group has sealed deals worth around ₹80,000 crore since 2023, marking a sustained phase of expansion following the market turbulence triggered by short-seller allegations earlier that year. The conglomerate has completed more than 30 acquisitions and strategic transactions across
The Securities and Exchange Board of India has eased norms related to the issuance of duplicate securities certificates to reduce procedural hurdles for investors. Under the revised framework, the threshold for availing a simplified documentation process has been increased, allowing more investors to benefit from reduced compliance requirements when securities certificates
Gold and silver prices climbed to fresh record highs in global markets as investors moved toward safe-haven assets amid rising geopolitical tensions and a weakening US dollar. The surge reflects heightened risk aversion across financial markets, with precious metals benefiting from their traditional role as a store of value during periods of uncertainty. Gold prices […]
Indian equity markets opened lower, with benchmark indices Sensex and Nifty registering losses amid cautious investor sentiment. The Sensex declined by around 200 points, while the Nifty slipped below the key 26,100 level in early trade. Market participants remained wary as selling pressure persisted in select heavyweights, dragging the indices lower. Foreign Selling and
India is increasingly likely to fall short of its ambitious USD 1 trillion export target for the fiscal year 2025–26, according to trade analysts. The shortfall is attributed to weak global demand, a slowdown in international trade and rising protectionist measures that have weighed on shipment growth. Merchandise Exports Under Pressure Merchandise export growth has […]
Reliance Industries Ltd has restarted purchases of discounted Russian crude oil after a pause following U.S. sanctions on major Russian producers. The Indian energy and petrochemicals company is sourcing barrels from suppliers not subject to sanctions and routing them to its refinery complex in Jamnagar, Gujarat. US Concession Allows Wind-Down The company has also obtained
The Reserve Bank of India (RBI) has said that low inflation in India is helping to support the country’s global competitiveness and sustain economic momentum. In its latest assessment of economic indicators, the central bank noted that even though headline consumer price inflation edged up slightly in November, it stayed below the lower tolerance limit […]
FedEx has come under scrutiny in the United States after reports highlighted a rise in the company’s use of H-1B visa hiring while it also carried out job cuts affecting American workers in multiple locations. The controversy has gained attention because FedEx is an awardee under the federal government’s Next Generation Delivery Service (NGDS) programme, […]
The Union government is considering measures to reduce the Goods and Services Tax compliance burden for micro and small enterprises, with possible changes expected to be announced in the upcoming Union Budget. The move is aimed at providing relief to smaller businesses that have repeatedly raised concerns over the cost and complexity of GST compliance. […]
Foxconn has hired around 30,000 workers at its new manufacturing unit near Bengaluru, marking one of the fastest workforce expansions in India’s electronics sector. The facility, located in Devanahalli, has been positioned as a women-led unit and is part of the company’s broader push to scale up smartphone manufacturing in India. Rapid Hiring at Bengaluru […]















