Jefferies has increased its allocation to India and Taiwan in its Asia Pacific ex-Japan relative-return portfolio, while cutting exposure to China and Indonesia, as it reassesses growth prospects and macro risks across the region, ANI reported.In its latest strategy note, the global investment bank said it has raised the weightings of India and Taiwan by…
Gold and silver are expected to hold their ground in the coming week as traders look to the US Federal Reserve’s meeting minutes for cues on the monetary policy outlook, analysts said, even as trading volumes remain subdued due to limited data releases.According to PTI, market participants will track the minutes of the Federal Open…
Satellite communication services in India will be rolled out only after operators meet security requirements and spectrum pricing is finalised, Union telecom minister Jyotiraditya Scindia said, adding that the government is also examining issues related to Vodafone Idea (Vi).In an interview to PTI, Scindia said players such as Elon Musk-owned Starlink, Eutelsat One and Jio…
India’s food delivery market is set to see its next phase of growth driven by customer experience, faster deliveries and value-conscious consumption, according to leading aggregators Swiggy and magicpin.Anshoo Sharma, founder and chief executive of magicpin, said growth in 2026 will come from deeper merchant inclusion and catering to users who are increasingly focused on…
The government has notified detailed guidelines for two major shipbuilding initiatives with a combined outlay of over Rs 44,700 crore, aimed at strengthening India’s domestic shipbuilding ecosystem and enhancing global competitiveness.The Ministry of Ports, Shipping and Waterways (MoPSW) said the two schemes — the Shipbuilding Financial Assistance Scheme (SBFAS) and the Shipbuilding Development Scheme (SbDS)…
The finance ministry has directed public sector banks and financial institutions, including insurance companies, to ensure prompt reporting of vigilance-related matters concerning whole-time directors (WTDs), citing repeated instances of delayed or incomplete disclosures, PTI reported.In an advisory issued by the Department of Financial Services (DFS) earlier this month, the ministry said adverse information about board-level…
India’s push into global wine markets is beginning to gain attention as fruit-based wines slowly find space alongside traditional grape labels overseas. As growth in domestic wine consumption remains muted, exporters are leaning on international demand to fuel expansion, ET reported. In the first seven months of the current financial year, wine shipments from India…
India on Sunday paid tribute to late Ratan Tata on his 88th birth anniversary, as political leaders, industrialists and institutions gathered to remember the businessman.Tata Group chairman N Chandrasekaran paid homage to Ratan Tata at Bombay House, garlanding the statue of the late industrialist and philanthropist, Ratan Tata, the former chairman of the Tata Group.Recalling…
This is a representative AI image (Credit: Chatgpt) As the curtain begins to fall in 2025, India’s economic story resists easy labels. Was it the year the country was squeezed by global trade wars and tariffs? Or was it a rare “Goldilocks” moment, marked by strong growth, low inflation and ample policy room to support…
Electricity buyers may see lower costs as the Central Electricity Regulatory Commission (CERC) reviews transaction fees charged by power trading exchanges. The review is taking place alongside the regulator’s push to introduce market coupling, a long-awaited reform aimed at improving efficiency in price discovery, increasing liquidity and bringing uniformity to electricity prices across trading platforms….
