Business

Euro set for best run since 2017 as $ slumps

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The Euro’s Unexpected Spring: Riding High on Shifting Tides The Eurozone economy, after weathering a storm of inflation and geopolitical uncertainty, is showing surprising resilience. ...

3rd time lucky? Shein set to file for Hong Kong IPO

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Shein’s Second Act? The Fast-Fashion Giant Eyes Hong Kong IPO The whispers have been swirling for months, a low hum of anticipation in the notoriously ...

Torrent Pharma revives talks to buy KKR stake in JB Chem

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Torrent Pharma Eyes JB Chemicals: A Potential Power Move? The Indian pharmaceutical landscape is buzzing with renewed whispers of a significant deal. Torrent Pharmaceuticals, a ...

HDB Fin’s IPO subscribed 17x, most in 4 years

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HDB Financial Services IPO: A Bull Run Signals Market Confidence The air crackled with anticipation as the HDB Financial Services IPO concluded, and the results ...

Foreign debt climbs: India’s external debt rises 10% to $736.3 billion in FY25; debt-to-GDP edges up to 19.1%

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India’s external debt experienced a 10% surge, reaching $736.3 billion by March 2025, with the debt-to-GDP ratio slightly increasing to 19.1%. The non-financial corporate sector ...

Forex watch: India’s reserves fall $1 billion to $697.93 billion this week; gold and SDR values decline

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India’s foreign exchange reserves decreased by $1.01 billion, reaching $697.93 billion in the week ending June 20, according to RBI data. This decline reverses the ...

Fertilizers push: Coal India to infuse over Rs 1,067 crore in Talcher Fertilizers; coal gasification plant sees 65% progress

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Coal India will invest over Rupees 1,067 crore in Talcher Fertilizers Limited. This investment supports India’s first coal gasification-based ammonia urea plant. The Talcher project ...

Strategic shipyard deal: Mazagon Dock Shipbuilders to acquire controlling stake in Colombo Dockyard for $52.96 million; India eyes regional maritime edge

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Mazagon Dock Shipbuilders Limited (MDL) is set to acquire a controlling stake in Colombo Dockyard PLC (CDPLC) for up to $52.96 million, marking its first ...

Jio, Airtel add 99.8% of new telecom subscribers in May as Vi, BSNL lose users: Trai

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In May, India’s telecom sector saw a slight increase, reaching 120.7 crore subscribers, with Reliance Jio and Bharti Airtel capturing almost all new additions. Jio ...

Port squeeze: India curbs cetrain jute imports from Bangladesh via land, allows only Nhava Sheva port access

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India has restricted imports of specific jute and woven fabric products from Bangladesh to the Nhava Sheva seaport, escalating trade tensions. This decision, effective immediately, ...