Oil at $113, Conflict Risks Rising: CEA Nageswaran Flags Inflation, Remittance Pressure
India’s Chief Economic Advisor (CEA) V. Anantha Nageswaran has cautioned that crude oil prices hovering…
India’s Chief Economic Advisor (CEA) V. Anantha Nageswaran has cautioned that crude oil prices hovering around $113 per barrel, coupled with escalating geopolitical conflicts, could intensify inflationary pressures and strain remittance flows. His remarks highlight the vulnerabilities of India’s economy to external shocks, particularly in energy imports and overseas worker remittances, which are critical for…
Singapore Airlines (SIA) chief is scheduled to meet Tata Sons and Air India chairman N Chandrasekaran today in Mumbai, a meeting that is expected to shape the future of the airline partnership between SIA and Tata Group. The discussions are likely to focus on strategic alignment, operational synergies, and long-term investment plans, particularly as Air…
Aurobindo Pharma’s subsidiary has announced the expansion of its strategic partnership with MSD (Merck & Co.), unveiling plans to establish a new manufacturing facility with an investment of $150-175 million. The move underscores Aurobindo’s ambition to strengthen its global footprint in pharmaceuticals, enhance production capacity, and deepen collaborations with multinational partners. The facility is expected…
Suraj Estate Developers has announced the acquisition of a prime plot in Mumbai’s Dadar West, with plans to launch a ₹100 crore redevelopment project. The move underscores the company’s aggressive expansion strategy in Mumbai’s real estate market, particularly in high-demand residential and mixed-use zones. The redevelopment aims to modernize existing structures, provide premium housing, and…
Industrial AI startup Intellithink has successfully raised Rs 17 crore in a funding round led by Pentathlon Ventures, marking a significant milestone in its growth journey. The round also saw participation from several angel investors and strategic partners, underscoring the growing interest in AI-driven industrial solutions. The fresh capital will be used to expand product…
India’s economic outlook for FY26 is under close watch as the ongoing West Asia war raises concerns about global stability, energy markets, and trade flows. While analysts suggest that India’s overall growth trajectory will face only a limited impact, the oil price pass-through effect remains a looming challenge that could influence inflation, fiscal balances, and…
HG Infra Engineering Limited has captured investor attention after securing a significant Rs 519 crore order, reinforcing its position as a leading player in India’s infrastructure sector. The announcement has put the company’s share price in sharp focus, with market participants closely analyzing the potential impact of this order on future earnings and overall growth…
A viral social media post recently alleged that Zoho Corporation, one of India’s leading SaaS companies, had abruptly terminated 300 employees without prior notice. The claim quickly gained traction online, sparking debates about corporate ethics, employee rights, and workplace transparency. However, Zoho has since clarified the situation, stating that the individuals mentioned were not permanent…
India’s stock market witnessed a dramatic shift in FY26 as the National Stock Exchange (NSE) reported a record loss of nearly 35 lakh active investors. This decline has raised concerns about retail participation in equities, especially as leading brokerage firms such as Zerodha, Angel One, and Upstox recorded sharp drops in their active client base….
In a significant development in India’s fintech ecosystem, BharatPe co-founder Shashvat Nakrani has announced that he is stepping back from his role to pursue new entrepreneurial ventures. This move marks a pivotal moment for the company and the broader startup community, as Nakrani has been instrumental in shaping BharatPe’s journey from a disruptive idea to…