The founder of Indian edtech giant BYJU’S has reportedly been sentenced to six months in prison by a Singapore court in a major legal setback that further deepens the company’s ongoing financial and governance crisis. The court’s decision came after findings related to contempt proceedings and alleged non-compliance with judicial directives, marking another significant blow...
India and Canada are intensifying negotiations on a long-awaited free trade agreement (FTA) that both countries believe could significantly reshape bilateral economic relations and unlock new opportunities across trade, investment, technology, and strategic sectors. Officials involved in the discussions described the negotiations as progressing rapidly, reflecting a renewed commitment from both governments to deepen commercial...
Shares of HFCL witnessed another sharp rally in trading sessions, climbing nearly 10% to hit a fresh all-time high as investor enthusiasm around the telecom and infrastructure company continued to strengthen. The stock has delivered extraordinary gains over the past four months, surging approximately 172%, making it one of the standout performers in the broader...
The global retail industry is mourning the loss of Toshifumi Suzuki, the influential Japanese businessman widely credited with transforming the convenience store model into one of the most successful retail systems in the world. Suzuki died at the age of 93, leaving behind a legacy that reshaped shopping habits in Japan and inspired modern convenience...
Consumers across India faced another surge in fuel costs on Friday as petrol and diesel prices were increased for the third time within just 10 days. The latest revision has intensified concerns over inflationary pressure and rising transportation expenses, especially at a time when households and businesses are already grappling with elevated living costs. According...
The Reserve Bank of India (RBI) has approved a historic surplus transfer of ₹2.87 lakh crore to the Central Government for the financial year 2025–26 (FY26), marking one of the largest dividend payouts in the central bank’s history. The decision is expected to provide a significant boost to the government’s fiscal position amid ongoing budgetary...
The global oil market could face severe supply pressures and heightened volatility in the coming months, with the International Energy Agency (IEA) warning that the sector may enter a “red zone” by summer if current trends continue. The caution comes amid growing geopolitical tensions, strong seasonal fuel demand, and concerns over tightening crude supplies that...
Shares of Life Insurance Corporation of India witnessed a sharp rally in market trading after the insurance giant announced strong fourth-quarter earnings along with its first-ever bonus share issue, a move that significantly boosted investor sentiment and renewed market optimism around the stock. The company’s latest financial performance reflected improvement across several operational and profitability...
JSW Cement reported a strong financial performance for the fourth quarter, posting a consolidated net profit of ₹362 crore for the January–March period. The company also announced a dividend of ₹0.50 per equity share, signaling confidence in its financial stability and future growth outlook. The earnings announcement comes amid improving demand conditions in the construction...
The Indian rupee staged a notable recovery on Wednesday, gaining 41 paise against the U.S. dollar after previously falling to its weakest-ever closing level. The domestic currency settled at 96.45 per dollar, providing temporary relief to financial markets and import-dependent sectors amid ongoing global economic uncertainty and strong demand for the American currency. The rebound...