The Supreme Court has halted the liquidation process for Bhushan Power & Steel (BPSL) following a plea from JSW Steel, whose resolution plan was previously rejected. The court ordered a status quo to prevent complications, as JSW Steel ...more
Niti Aayog suggests a dedicated financing scheme for medium enterprises, offering concessional loans up to ₹25 crore based on revenue percentage, capped at ₹5 crore per request. A credit card with a ₹5 crore limit is also proposed ...more
Indian stock markets surged, with the Sensex and Nifty closing higher, fueled by auto and IT gains amid easing global trade tensions and a substantial RBI dividend. Positive factors like early monsoons and declining bond yields boosted ...more
A new paper estimates the US "quietly rakes in" $80-85 billion annually from India through sectors like education, digital services, and intellectual property, contrasting with Trump's focus on the goods trade deficit. Factoring in thes ...more
Nestle has acquired a minority stake in Drools, valuing the Indian pet food startup at $1 billion, making it a unicorn. This investment occurs amidst a surge in India's pet care market, driven by millennial and Gen Z pet parents. Drools ...more
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