India Ratings and Research (Ind-Ra) has projected that India’s exports to the US may decline by $2 billion to $7 billion in FY26 if the reciprocal tariffs being contemplated by the US are implemented. This comes amid ongoing discussions between the two governments regarding trade relations. *Current Trade Scenario* India’s exports to the US rose…
Amid the ongoing decline in the stock market and weak estimates about the Indian economy, the World Bank has expressed strong confidence in India’s economic prospects and has appealed to investors worldwide to consider the country as a prime investment destination. *World Bank’s Optimism* Addressing the Advantage Assam 2.0 business conference, World Bank Country Director…
Nithin Kamath, founder of online brokerage firm Zerodha, has expressed concerns about the ongoing market correction and its potential impact on the Indian government’s revenue from Securities Transaction Tax (STT). Kamath believes that if the current market correction continues, the government’s revenue from STT could plummet by 50% to Rs 40,000 crore in FY 2025-26,…
The latest episode of Shark Tank India Season 4 featured a pitch that quickly turned into one of the most intense and brutal interrogations of the season. Founders from Delhi sought ₹1 crore for 2% equity in their cushion brand, Trajectory, valuing their company at ₹50 crore. However, they barely had a chance to begin…
The Indian stock market experienced significant selling pressure during early morning deals on Friday. The Nifty 50 index opened lower at 22,433 and touched an intraday low of 22,217 within minutes of the opening bell, recording an intraday loss of over 1.20%. The BSE Sensex opened lower at 74,201 and touched an intraday low of…
Tuhin Kanta Pandey has been appointed as the new chairman of the Securities and Exchange Board of India (SEBI). An IAS officer from the Odisha cadre, Pandey brings over 38 years of administrative experience to his new role. He has been a key member of Finance Minister Nirmala Sitharaman’s team and will succeed Madhabi Puri…
In a recent gripping episode of Shark Tank India 4, Ritesh Agarwal, the renowned founder of OYO, chose to side with Namita Thapar, sidelining fellow shark Vineeta Singh. The surprising move came during a pitch by two young founders of CoGrad, an education company aiming to revolutionize rural education. CoGrad’s founders presented their innovative model…
Tata Motors, a major player in the Indian automotive industry, has continued to underperform benchmarks Sensex and Nifty in 2025. On February 25, the stock touched a new 52-week low, reflecting a challenging period for the company. However, brokerage firm CLSA remains bullish on the auto stock. ### Tata Motors Share Price Tata Motors’ stock…
Indian tax authorities have singled out Volkswagen as the only automaker to wrongly classify its car imports for 12 years to evade Rs 12,000 crore ($1.4 billion) in taxes, even as rival Kia changed its practice after being warned, according to court papers. ### Background and Allegations Volkswagen, a relatively small player in India’s car…
Domestic carrier IndiGo announced on Wednesday that it will induct three additional Boeing 787-9 planes into its fleet under a damp lease arrangement with Norse Atlantic Airways. This strategic move comes as IndiGo prepares to launch flights to Europe from mid-summer this year. Currently, the Gurugram-headquartered airline operates two widebody Boeing 777 planes, wet leased…
