Indian space economy is aiming to reach USD 44 billion by 2033 from USD 8.4 billion in 2022, said a FICCI-EY report on ‘Unlocking India’s Space Economy – Pathways to Growth, Innovation and Global Leadership’, released today at Bharat Space Conclave 2025′, organized by FICCI. According to the report, the global space economy is projected … Read more
Things aren’t going too well for Asia’s richest tycoon. Having gone all out to put a lock on India’s 1.4 billion consumers, Mukesh Ambani can’t afford to have Donald Trump smash open the latch with a sledgehammer. But that is how the threat is unfolding. The concern in New Delhi is that any retaliatory trade … Read more
Shares of BSE Ltd. extended their losing streak for the fifth consecutive session on March 11, 2025, despite rising over 3 percent in intraday trade. The stock has witnessed a sharp decline of 13.5 percent in five sessions and has been in the green for only one out of seven trading sessions in March. So … Read more
The debate surrounding the eligibility of professionals from the Institute of Cost Accountants of India (ICMAI) and the Institute of Company Secretaries of India (ICSI) to conduct tax audits has intensified following a demand made by the Institute of Cost Accountants to Finance Minister Nirmala Sitharaman. The demand seeks to expand the scope of tax … Read more
Stock markets opened lower on Tuesday following a sharp decline in US markets overnight. The Sensex fell nearly 400 points, while the Nifty dropped over 100 points as investors reacted to growing concerns about a possible recession in the US, along with a sharp fall in IT stocks. The decline in global markets, triggered by … Read more
The Justice Department doubled down Friday on its demand that Google sell off its Chrome web browser, signaling that the Trump administration is continuing the Biden administration‘s aggressive approach to reining in technology giants. In a court filing, the department reiterated its request that Judge Amit P. Mehta force Google to divest Chrome and end … Read more
Markets regulator Sebi has notified a stricter regulatory framework for small and medium enterprise (SME) IPOs by introducing a profitability requirement and capping a 20 per cent limit on offer-for-sale (OFS). The reforms aim to provide SMEs with a sound track record an opportunity to raise funds from the public while protecting investor interests. This … Read more
IndusInd Bank shares will be in the spotlight on Tuesday, after the private lender reported a potential Rs 1,577 crore impact on its net worth. The stock fell nearly 4% to Rs 900.50 on the NSE in the previous session. IndusInd Bank’s stock has lost more than 37% in the past six months, with a … Read more
The competition in the Indian jewellery retail sector is intensifying as more players continue to enter the space amid soaring gold prices, sustained demand and aggressive expansions across companies. However, the aggressive retail capacity added in the past one year may not prove fruitful for these companies, said Ashok Sonthalia, chief financial officer, Titan in … Read more
IndusInd Bank‘s near-term outlook remains clouded by strategic uncertainty following the Reserve Bank of India‘s (RBI) decision to approve only a one-year tenure extension for its incumbent Managing Director and CEO, Sumant Kathpalia. The move contrasts with the bank’s board recommendation for a three-year term, raising concerns over a potential leadership transition and its impact … Read more