Month: March 2026

The rupee has fallen 5.3% against the US dollar so far this year, putting it on track for its steepest annual decline since 2022. (Reuters)
Posted in Business

Rupee slumps to record low even as Goldman Sachs warns of 95/dollar levels| Business News

Goldman Sachs Group Inc. has warned that the Indian Rupee (INR) could tumble to 95 against the US Dollar (USD), even as the local currency…

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Posted in Economy

India’s privatisation drive derails because of weak investor interest

New Delhi: India is considering shelving three planned privatisation sales amid weak investor appetite, two government sources said, a slump that has already derailed its…

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The National Stock Exchange last week appointed about 20 banks to work on the NSE IPO.
Posted in Business

NSE is said to set modest fee for its $2.5 billion IPO at just 0.65%| Business News

The National Stock Exchange of India has set advisory fees at about 0.65% of the issue size for its upcoming IPO, according to people familiar…

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Signage during India Energy Week in Goa in January 2026. India imports about 90% of its crude oil and nearly half of its LPG. (Bloomberg)
Posted in Business

Iran war impact to show on India GDP, inflation in risk to ‘Goldilocks’ economy| Business News

Surging crude oil prices and acute LPG shortage are rippling through the Indian economy as the Iran war drags on, disrupting industries and prompting analysts…

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Posted in Economy

Big bets, weak ground: Why AI in Indian agriculture needs stronger data, oversight

The most important technological development of the decade, without a doubt, is artificial intelligence (AI). Ever since its arrival, it has changed how we work…

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Posted in Business

AI is slop, an unripe fruit and an insomniac| Business News

Cognitive warmup. It was in January 2023 when Buzzfeed Inc. CEO Jonah Peretti announced in a memo to staff that the company was making a…

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The Jio Platforms IPO gathered momentum last week after the finance ministry eased public shareholding norms for large caps. (Reuters)
Posted in Business

Reliance accelerates plans for Jio IPO, DRHP likely in the next 2-3 weeks| Business News

Reliance Industries Ltd. is accelerating plans to list Jio Platforms Ltd., appointing a massive syndicate of Wall Street and domestic banks for what is poised…

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Adani Enterprises Chairman Gautam Adani. While Vedanta can challenge the Adani-Jaypee acquisition deal in NCLAT, Adani Enterprises can still go ahead with the takeover. (Reuters)
Posted in Business

Adani secures $1.7-bn takeover of bankrupt Jaypee Group in major infra win| Business News

The National Company Law Tribunal has approved Adani Enterprises Ltd.’s ₹14,535 crore ($1.74 billion) resolution plan to acquire bankrupt infrastructure heavyweight Jaiprakash Associates Ltd. The…

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Tata Sons Chairman Natarajan Chandrasekaran (left) and Tata Trusts Chairman Noel Tata.
Posted in Business

Noel Tata seeks truncated term for Tata Sons Chairman Natarajan Chandrasekaran as part of succession revamp| Business News

Tata Trusts Chairman Noel Tata is advocating for a two-year extension for Tata Sons Pvt. Ltd. Chairman Natarajan Chandrasekaran rather than the five-year mandate, as…

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Posted in Economy

No severe shocks despite crises, says Sitharaman as she highlights India’s economic strength

New Delhi: India’s economic might, shaped by prudent policy-making over the past decade, enables it to effectively tackle unforeseen circumstances, including the ongoing war in…

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