Non-banking finance company Poonawalla Fincorp Ltd is likely to launch a qualified institutional placement (QIP) to raise funds of up to ₹5,000 crore, according to sources close to the development. The proposed issue is expected to include both a base
TCS Q4 results preview: Tata Consultancy Services (TCS), the IT bellwether of the country, will announce the results of the January-March quarter (Q4FY26) and for the financial year 2025-26 on Thursday, April 9. The IT heavyweight’s revenue may see a
India is bracing for a significant drop in sugar consumption, projected to fall by 400,000 tonnes in the 2025-26 season, primarily driven by the ongoing liquefied petroleum gas (LPG) shortage linked to the West Asia conflict and unseasonably cool weather.
A new report exposes the stark reality of land inequality in rural India, where a small percentage of households control a disproportionate share of land, leaving millions landless and vulnerable. Photograph: Rina Chandran/Reuters Key Points The top 10% of rural
The Indian rupee weakened against the US dollar as investors brace for the RBI’s monetary policy decision and monitor escalating tensions surrounding the Strait of Hormuz. Illustration: Dominic Xavier/Rediff Key Points The Indian rupee depreciated due to investor concerns over
India’s e-commerce market is predicted to explode to $250 billion by 2030, fuelled by Gen Z’s digital habits, the rise of quick commerce, and the transformative power of artificial intelligence. Key Points India’s e-commerce market is projected to reach USD
US markets are trading cautiously on Tuesday, with futures indicating a subdued open as investors balance risk appetite amid the ongoing geopolitical uncertainty, especially ahead of the looming Trump-imposed deadline on Iran. At 5.08 pm IST, S&P Futures were 21
The Iran war has rattled global markets, lifted oil prices and reignited inflation concerns, but the damage to diversified investment portfolios has remained relatively limited so far, according to Goldman Sachs. In a note on portfolio strategy, Goldman Sachs Research
The Reserve Bank of India (RBI) has introduced comprehensive draft norms for branch authorisation and business correspondents, aiming to expand formal banking access, particularly in rural areas, by classifying BCs into new categories and redefining banking outlets. Photograph: Francis Mascarenhas/Reuters
India’s auto retail sector achieved a landmark year in FY26, recording an all-time high of nearly 3 crore vehicle sales, propelled by the transformative impact of GST 2.0 and improved affordability across various segments. IMAGE: Workers install an electric motor
