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Rajasthan shines as India’s solar power hub

By Dr Mohit Tantia Rajasthan has emerged as a prime destination for solar energy investment, not just in India, but globally. With an impressive installed capacity of 22,860 MW, the state now ranks first in the country in solar energy production. As India pushes toward its ambitious goal of achieving 500 GW of non-fossil fuel

India seeks critical mineral pact with US

India has proposed to the United States to convert their memorandum of understanding in critical minerals into a critical minerals agreement (CMA) that will give the benefits of a free trade agreement to the trade of electric vehicles. “I have suggested that our critical minerals MoU should be converted to critical minerals partnership agreement and

Kotak Mahindra Bank reports 5% rise in standalone net profit

Kotak Mahindra Bank’s standalone profit rose 5% to Rs 3,344 crore in the second quarter of current fiscal from Rs 3,191 crore in the same quarter previous year, helped by healthy growth in net interest income and improvement in asset quality. The net profit was below expectations as Bloomberg analysts expected the lender to post

Tech Mahindra beats Street estimates, profit gets boost by other income

Tech Mahindra reported a higher-than-expected earnings in the September quarter on the back of improved revenue growth in communications, hi-tech and media, and banking, financial services and insurance verticals. The consolidated revenue rose over 2% sequentially to Rs 13,313.2 crore in July-September against Rs 13,005.5 crore reported in the June quarter. The topline also beat

Indian CEOs set their sights on Mexico as key trade hub in landmark talks

Indian business leaders have launched a promising round of discussions in Mexico, aiming to unlock fresh trade and investment opportunities. The high-profile meeting, organized by the India México Business Chamber under the leadership of Amparo Kushelevich, signals a deeper alignment between the two nations as they explore ways to boost economic ties across sectors such

India’s Finance Minister Takes Tech Diplomacy Global: Major Moves in Mexico’s IT Hub!

Finance Minister of India, Nirmala Sitharaman, kicked off her official visit to Mexico in the vibrant city of Guadalajara, a renowned IT hub in Latin America. Her choice of Guadalajara as her starting point underscores India’s commitment to fostering strong technological partnerships with Mexico and strengthening the region’s high-tech ecosystem. During her visit, she participated

Big deals continue to elude big 4 IT firms

The top four Indian IT services firms —TCS, Infosys, Wipro, and HCLTech — saw year-on-year decline in their total contract value (TCV) during the July-September period, due to the absence of mega deals and continued lumpiness in large deals. Further, geographically, revenue contribution from North America continued to decline for most them. Despite this, they

Higher raw material prices may keep Nestle’s growth under pressure

Nestle India’s growth may continue to be under pressure if the raw material prices remain elevated and urban demand is muted, analysts said. However, in the long run, its “RUrban” strategy may prove beneficial. Under it, Nestle India, which counts urban India as its majority consumer, aims to increase the company’s reach in rural and

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Trump tariff impact: Pharma stocks surge over 4% on tariff exemption

It’s a party for pharma stocks on Dalal Street. The Nifty Pharma Index is up nearly 4% and Sun Pharma, Gland Pharma and IPCA Labs see gains close to 4% each. Even Lupin and Natco Pharma are rallying smartly. In a major relief, Indian pharmaceutical companies breathed a sigh of relief after US President Donald

Trump tariff impact: Tech stocks plummet, Nifty IT cracks 2.5%

The share price of IT stocks slumped after US President Donald Trump’s administration imposed 26% reciprocal tariffs on Indian imports to the US. The Nifty IT, a basket of Indian tech stocks, fell 2.5% to 35,371.55 levels.  All the constituents of the sectoral index were trading in the red. The share price of Persistent Systems

Trump tariffs send shockwaves across global markets; US futures crash, gold soars to new highs- 10 cues you need to track now

Indian stock markets are set for a turbulent start as global jitters over Trump’s new tariffs weigh on. Early trends from GIFT Nifty point to a sharp drop of over 350 points, signaling a weak opening for Sensex and Nifty 50. Indian stock markets ended on a positive note in the previous trading session, with

‘Pramerica Life targets Rs 3,000-crore GWP in FY26,’ Pankaj Gupta

Pramerica Life Insurance, a joint venture between subsidiaries of Piramal Capital and Housing Finance and US-based Prudential Financial Inc, aims to close FY26 with Rs 3,000 crore in gross written premium. In an interview with Narayanan V, managing director and CEO Pankaj Gupta discusses the products and distribution strategy. Excerpts: Life insurance premiums have been

Tata small cap fund: Targeting growth at reasonable valuations

Tata Small Cap Fund is a growth-oriented scheme in the Small Cap Fund category that has exhibited a noteworthy track record since its inception and has outpaced many of its prominent peers, thereby rewarding investors with superior risk-adjusted returns. Launched in November 2018, Tata Small Cap Fund aims to invest in stocks of companies that are in growth