Business

Last week, eight of India’s top 10 firms faced a significant market valuation decline, losing a total of ₹1.65 lakh crore. This loss aligns with the bearish trend in the equity market. The BSE Sensex fell 628.15 points (0.82%), and Nifty dropped 133.35 points (0.58%). TCS suffered the largest hit in the financial downturn, with…

Andhra Pradesh is actively courting Tesla to establish an EV manufacturing plant within the state, emphasizing its advantageous port facilities and ample land availability. Initial discussions commenced in October 2024, with State Minister Nara Lokesh engaging Tesla’s CFO Vaibhav Taneja during a visit to the US. In a move to secure Tesla’s investment, Andhra Pradesh…

Former RBI Governor Shaktikanta Das is now Principal Secretary 2 to PM Narendra Modi, with his term linked to the Prime Minister’s or until new directives. This appointment was confirmed today by an ACC order. In his new role, Das will serve with Dr. PK Mishra, the Prime Minister’s Principal Secretary 1. This team expansion…

US President Trump stated Apple is set for a major US investment, attributing it to his tariff policies supporting the economy. This was disclosed in a meeting with governors at the White House, where Trump discussed the investment plan with Apple CEO Tim Cook. Trump mentioned Apple’s investment plans after meeting with Tim Cook, who…

Zomato and Jio Financial Services will be added to the Nifty50 index in the upcoming semi-annual reshuffle on March 28. Bharat Petroleum Corporation and Britannia Industries will exit the index as part of these changes, affecting the Nifty50 Equal Weight index as well. JM Financial estimates Zomato’s addition could bring $702 million in passive inflows,…

Finding the ideal credit card catering to travel lovers with benefits like travel perks and luxury experiences can revolutionize your journey. Although no cards are custom-designed for this niche, there are premium options that offer rewards and perks beneficial for avid travelers. Here are five innovative cards for travel enthusiasts. The HDFC Bank Diners Club…

As the government works towards reducing reliance on imported crude oil and encouraging cleaner energy sources, biofuels have become a promising alternative. This article discusses the financing dynamics of biofuel projects, covering government support, private investment opportunities, and common investor challenges. India has enforced robust policies for backing biofuel projects to lessen oil imports and…

The Indian government is contemplating increasing the current ₹5 lakh deposit insurance limit, as disclosed by M Nagaraju, the Secretary of the Department of Financial Services during a press conference on Monday. Nagaraju mentioned that the proposal is actively being considered and will be officially announced after government approval. If a bank fails, depositors can…

Renault considers adding steering yokes to future cars, tested on the unique Filante streamliner. This car features a two-spoke yoke with an integrated instrument screen and electronic wheel control. Unlike traditional racks, it uses electric motors for tactile feedback, simulating weight and bumps. Sandeep Bhambra, Renault’s concept car design chief, highlighted the interior space benefits…