India’s economic growth trajectory is unlikely to face significant headwinds from the recently announced US tariff measures, according to a fresh assessment by S&P Global Ratings. The agency believes that the country’s strong domestic consumption, robust services exports, and diversified trade portfolio will help cushion any adverse effects from the American trade policy changes. Tariffs…
Shares of One97 Communications Ltd., the parent company of digital payments giant Paytm, witnessed a significant surge of over 5% in today’s trading session, drawing the attention of investors, market analysts, and fintech enthusiasts. The rally comes amid a combination of positive market sentiment, fresh business developments, and improving investor confidence in the company’s long-term…
In a significant breakthrough in one of India’s most high-profile financial fraud investigations, the Enforcement Directorate (ED) has made its first arrest in the ₹3,000-crore loan fraud case allegedly linked to businessman Anil Ambani. The move marks a major development in the ongoing probe, which centers on allegations of financial misrepresentation, diversion of funds, and…
In a major move set to shake the real estate landscape, the Gurugram administration has proposed significant hikes in circle rates—government-mandated minimum property valuation rates used for stamp duty and registration. These proposed increases, effective from August 1, are expected to drive up property prices and registration costs substantially across residential, commercial, and agricultural zones…
In a move that has stirred widespread discussions within the fintech and digital payments industry, ICICI Bank has announced a significant change in its Unified Payments Interface (UPI) operations. Starting August 1, the bank will begin levying transaction charges on payment aggregators for UPI-based merchant transactions, marking a shift in the cost structure of India’s…
India’s energy landscape is undergoing a dynamic transformation with a renewed focus on oil and gas exploration activities, as highlighted by Union Petroleum and Natural Gas Minister Hardeep Singh Puri. Speaking at a recent energy summit, the minister underlined the resurgence in exploration efforts across various sedimentary basins in the country, aimed at enhancing domestic…
India’s largest IT services company, Tata Consultancy Services (TCS), is facing sharp scrutiny from investors and market watchers after its recent decision to lay off employees sparked a significant erosion in market valuation. Since the announcement of the workforce restructuring plan, TCS has witnessed a decline of Rs 28,149 crore in market capitalization, raising questions…
India’s burgeoning alcohol industry has raised red flags over persistent non-tariff barriers in the United Kingdom, even as the two countries inch closer to a free trade agreement (FTA). Despite ongoing negotiations that promise to unlock vast trade opportunities, Indian liquor manufacturers allege that the UK’s complex regulatory requirements, high costs of compliance, and discriminatory…
In a high-profile move set to reverberate across the global AI landscape, Shengjia Zhao — one of the co-creators of ChatGPT — has officially joined Meta as the Chief Scientist of its newly established division, Superintelligence Labs. Zhao’s transition from OpenAI to Meta is being viewed as a landmark shift, one that may define the…
Titagarh Rail Systems Limited (TRSL), one of India’s leading integrated rail engineering companies, has announced the acquisition of 40 acres of land in West Bengal to ramp up its manufacturing capabilities. This move is a significant milestone in the company’s growth strategy as it seeks to meet rising domestic and global demand for wagons, metro…
