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trending
BCCI settlement: Supreme Court to hear Byju's insolvency appeals
1 week ago

The Supreme Court has admitted appeals from Byju's promoters and BCCI regarding the edtech firm's insolvency proceedings. These appeals challenge the NCLAT's refusal to allow insolvency withdrawal, citing a pre-CoC settlement of Rs 158 crore. The promoters argue the settlement was reached before the committee of creditors was formed, seeking to halt the CIRP.

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trending
'India, US on track for trade deal, fast progress with EU'
Posted: 1 week ago

trending-itemIndia and the US are progressing towards a bilateral trade agreement, even as the impact of a US court order on potential tariffs is assessed. Commerce Minister Piyush Goyal highlighted the advancements alongside ongoing trade deal negotiations with the EU at the CII's Annual Business Summit 2025.

trending
India may see massive fivefold increase in defence budget by 2047
Posted: 1 week ago

trending-itemIndia's defence budget is set for substantial growth, potentially reaching Rs 31.7 lakh crore by 2047, according to a CII-KPMG report. Defence production and exports are also projected to surge, positioning India as a key global supplier. Increased capital expenditure and R&D investment are expected, alongside a rise in defence's GDP share.

trending
FinTech push: Infosys opens GIFT City centre for BFSI digital services; new hub to house over 1,000 employees in hybrid model
Posted: 1 day ago

trending-itemInfosys has inaugurated a new development center in Gujarat International Finance Tec-City (GIFT City), Gandhinagar, to support over 1,000 employees in a hybrid model. This TechFin hub will deliver advanced digital solutions for global BFSI clients, focusing on areas like digital banking and risk management. The center will leverage AI, GenAI, cloud,... Expand

trending
Final assembly line possible in India: Embraer
Posted: 6 days ago

trending-itemBrazilian aerospace giant Embraer is planning to significantly increase its sourcing from India and may even establish a final assembly line if it secures a firm order for 200 aircraft from Indian clients. Currently, Star Air is the sole Indian airline using Embraer planes. The company is in talks with Air India, IndiGo, and several startups for potential orders.

trending
Back Adani Green expansion: Total
Posted: 6 days ago

trending-itemTotalEnergies will back Adani Green's expansion, despite previous reservations, as announced by CEO Patrick Pouyanne after meeting with Minister Piyush Goyal. TotalEnergies has already invested $5 billion in India and aims to expand its energy business, particularly through US exports.

trending
ECB set for 7th rate cut again as Donald Trump trade war rumbles on
Posted: 7 days ago

trending-itemThe European Central Bank is expected to announce its seventh consecutive interest rate cut amidst a struggling eurozone economy. Concerns over economic performance outweigh inflation worries, exacerbated by US President Trump's fluctuating trade policies. HSBC anticipates the rate reduction following recent US tariff announcements. While a quarter-point decrease is expected, analysts suggest a pause in July to evaluate economic trends.

trending
NeoLiv sells 263 residential plots in Haryana project, generates over Rs 300 crore in revenue
Posted: 5 days ago

trending-itemNeoLiv, a Mumbai-based realty developer, has successfully sold all 263 residential plots in its inaugural project, 'NeoLiv Grand Park' in Kundli-Sonipat, Haryana, generating over Rs 300 crore in sales. The project, spanning 19.46 acres, experienced demand nearly four times the available inventory, highlighting strong buyer confidence.

trending
India exempts Saudi Arabia's wealth fund from investment cap rules to boost capital inflows
Posted: 1 week ago

trending-itemIndia has exempted Saudi Arabia's Public Investment Fund (PIF) from certain foreign portfolio investment rules to attract long-term capital and strengthen financial ties. This move allows PIF's various arms to invest independently in Indian equity markets, bypassing the previous 10% ownership cap. It aims to boost Saudi Arabia's $100 billion investment plan in India, particularly in energy and infrastructure sectors.

trending
RBI MPC begins policy deliberations amid rate cut hopes; decision on June 6
Posted: 4 days ago

trending-itemThe RBI's Monetary Policy Committee convened amidst expectations of a policy rate cut to bolster economic growth, influenced by global uncertainties. Analysts anticipate a 25-50 bps reduction in the repo rate, currently at 6%, following previous cuts. Experts believe easing rates will stimulate consumer spending, investment, and credit flow to MSMEs.

trending
Indian bond market strengthens as inflation eases and anticipated RBI rate cuts: Jefferies
Posted: 1 week ago

trending-itemJefferies reports a positive outlook for Indian bonds due to falling inflation and anticipated RBI rate cuts. India's 10-year government bond has significantly outperformed US Treasuries. Global investors are increasingly drawn to Indian bonds, seeking higher yields and stability amidst a shift away from G7 debt, signaling confidence in the Indian market.

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