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Business

India’s FM Defends Economic Strategy Amid Criticism, Flags Revenue Hit From Fuel Duty Cuts

Finance Minister Nirmala Sitharaman has defended India’s economic policy response to rising inflation and commodity pressures, asserting that the government’s calibrated approach prioritises domestic growth…

By Vikram • 4 MIN READ
Business

Adani Green Energy Expands Gujarat Battery Storage to 3.37 GWh, Bolstering Renewable Grid Integration

Adani Green Energy Limited has commissioned a 3.37 gigawatt-hour (GWh) battery energy storage system at its Khavda facility in Gujarat, marking a significant expansion of…

By Vikram • 4 MIN READ
Business

Sitharaman unveils Purvodaya scheme with special focus on Bihar’s economic development

Finance Minister Nirmala Sitharaman announced a suite of special economic schemes targeting Bihar in the Union Budget 2024-25, positioning the state as a focal point…

By Vikram • 4 MIN READ
Business

Ferrari Shifts Into Electric: Luce Marks Historic Four-Door, Five-Seat Turn for Iconic Marque

Ferrari unveiled its first fully electric vehicle on Monday, marking a watershed moment for the Italian luxury automaker as it transitions from internal combustion engines…

By Vikram • 4 MIN READ
Business

Starbucks South Korea operations hit by sharp sales decline following Tank Day advertising controversy

Starbucks Korea has experienced a “very significant” drop in sales following a public backlash to an advertising campaign that evoked memories of the 1980 Gwangju…

By Vikram • 3 MIN READ
Business

India’s FM Defends Fiscal Measures on Fuel and Fertiliser Amid Economic Headwinds

Finance Minister Nirmala Sitharaman has defended the government’s policy response to economic pressures, emphasising that cuts to diesel and petrol excise duties—which will result in…

By Vikram • 3 MIN READ
Business

India’s Only Operational Gold Mine Hutti Posts Record Revenue Windfall as Global Gold Prices Surge

Hutti Gold Mines, India’s sole functional gold mining operation, is set to generate an additional 633.34 crore rupees in revenue during the fiscal year 2025-26,…

By Vikram • 3 MIN READ
Business

Rupee Depreciation Deepens: Understanding Currency Pressure, FPI Outflows, and RBI’s Policy Response

India’s rupee has come under sustained depreciation pressure in recent months, weakening against the US dollar amid a complex interplay of foreign portfolio investment outflows,…

By Vikram • 4 MIN READ
Business

Indian Stock Markets Stabilize After Early Selloff as Sensex, Nifty Recover to Neutral Territory

India’s benchmark equity indices staged a recovery from early morning losses to settle near flat levels, with the Sensex declining to 76,224.14 and the Nifty…

By Vikram • 4 MIN READ
Business

Rupee Weakens to 95.43 Against Dollar as Equity Markets Tumble in Opening Trade

India’s rupee depreciated 17 paise to 95.43 against the U.S. dollar in early trading on Wednesday, extending pressure on the currency as domestic equity benchmarks…

By Vikram • 4 MIN READ

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