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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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Budget 2025: What Indian taxpayers hope from Finance Minister

By Shuddhasattwa Ghosh The Hon’ble Finance Minister is to present the budget on 01 February 2025. Among all the class of taxpayers, the individual taxpayers await the budget with a hope that the government would introduce tax reliefs which will leave more income in the hands of the individual for consumption spends. One of the

Budget 2025: A call for pragmatic reforms

By Rajnish Gupta What has changed since the last budget was presented? Firstly, India’s FY 25 growth estimates have been revised downward by many agencies, including the RBI, from ~7% to ~6.5%. This came on the back of slower growth in Q2 of FY 25. While India’s growth drivers such as macroeconomic stability and service

Swiggy, Zomato operationalise new payments methods on their apps

New payment methods have been operationalised on the mobile applications of Swiggy and Zomato’s Blinkit. These features were announced earlier but are now visible on the respective apps. Swiggy now provides an option to pay via Swiggy UPI. The company had announced the feature in August, to simplify the payment mechanism on their platforms. With

IDFC First Bank Share Price Today Highlights, 27 Jan, 2025: IDFC First Bank tumbles over 8%, hits 52-week low

IDFC First Bank Share Price Today Highlights, 27 Jan, 2025: The IDFC First Bank share is in news and the counter closed trade on 24 Jan, 2025 at Rs 62.27. The shares touched intraday high of Rs 63.82 in the last trading session while the intraday low was at Rs 61.65. The company’s market capitalization

3 most expensive stocks in India based on Peter Lynch’s favourite formula. Do you own them?

By Ekta Sonecha Desai Mentioning Peter Lynch to investors is like whispering a secret code to a treasure chest—mysterious, compelling, and full of promise. For investors, Lynch’s strategies, particularly the PEG ratio, hold the same allure, offering a deeper understanding of what makes a stock value for money — or overpriced. Expensive stocks often steal