InsuranceDekho and RenewBuy have merged to establish India's largest artificial intelligence (AI)-enabled insurance distribution platform, targeting a significant premium book and extensive reach across the country.
Russian President Vladimir Putin has proposed a new investment platform, based on the New Development Bank (NDB), to fund projects in trade, infrastructure, logistics, and technology across BRICS nations, emphasising that the grouping's expanding economic cooperation is not 'against anyone' but aims to advance members' national interests.
Icra predicts that the top seven Indian cities will see an 8-11 per cent year-on-year growth in housing sales value by FY27, reaching approximately 7.9 trillion, primarily driven by the ongoing trend of premiumisation and a favourable product mix.
Market benchmark indices Sensex and Nifty drifted lower in early trade on Monday amid renewed hostilities between the US and Iran. The 30-share BSE Sensex declined 63.65 points to 77,047.63 during initial trading. The 50-share NSE Nifty went marginally up by 16.55 points to 24,070.20. Later, the BSE benchmark dropped 246.54 points to 76,853.93, and the Nifty dipped 50.55 points to 24,005.45. Track Sensex, Nifty on June 29.
The Indian stock market's movement this week will be significantly influenced by the outcome of US-Iran talks, global crude oil prices, and the trading activities of foreign institutional investors (FIIs), according to market analysts.
Indian benchmark indices Sensex and Nifty recovered early losses to trade higher, supported by encouraging developments on the geopolitical front, specifically the US-Iran peace deal, and easing crude oil prices.
Indian benchmark indices Sensex and Nifty surged in early trade, driven by a rally in IT stocks and tempered expectations of US Federal Reserve monetary tightening following softer-than-expected US jobs data. Track Sensex, Nifty on July 3.
'Once you're wrestling with making a merger of that scale value-accretive, you're also under pressure to keep growing the balance sheet and chasing liabilities, and other things start to slip as a consequence.'
Paytm's parent company, One 97 Communications Ltd, has seen its domestic ownership increase to 51.6% in Q1 FY27, solidifying its status as an Indian-Owned and Controlled Company. This rise is driven by increased investments from mutual funds and insurance companies, reflecting growing investor confidence following Paytm's first full-year profit in FY26 and improved operating performance.
Paytm's parent company, One 97 Communications Ltd, has seen its domestic ownership increase to 51.6% in Q1 FY27, solidifying its status as an Indian-Owned and Controlled Company. This rise is driven by increased investments from mutual funds and insurance companies, reflecting growing investor confidence following Paytm's first full-year profit in FY26 and improved operating performance.
'One important clarification is that the reported US action is not a blanket cancellation of all US tourist visas.'
Indian companies' overseas expansion plans are holding strong despite geopolitical tensions in West Asia, driven by structural factors like supply-chain diversification, free trade agreements, and market expansion, according to Ajay Sharma, managing director and head of banking at HSBC India.
India is set to launch Bharat Vecto, its first certification tool for assessing the fuel efficiency and CO2 emissions of medium and heavy commercial vehicles, by December, with a full launch targeted for the Bharat Mobility Global Expo in February 2027.
Namrata Karad, founder of Ahikoza by BRHAM, opens up about going from working on a Hugo Boss sales floor to seeing her bags carried by Alia Bhatt, Kareena Kapoor, Kylie Jenner, Khloe Kardashian...
'With factories starting early for the next season, fresh sugar will enter market 10-15 days earlier than usual, and sugar price are expected to remain affordable in near term.'
India's electric two-wheeler market has seen record penetration, exceeding 11.2 per cent, driven by crude oil price fluctuations. This surge has led to an unexpected crisis for Indian OEMs, with unfulfilled customer demand reaching 20-30 per cent and average waiting periods exceeding four weeks, a situation expected to intensify during the upcoming festival season.
'You can't be selfish when you're thinking about nature. It has to be good karma.' 'If we prevent textile waste from going to the landfills, it's good karma.'
The number of individuals who declared a gross income of Rs 100 crore or more in their income-tax returns had risen to 301 in 2022-23, moderated slightly to 284 in 2023-24, then climbed to 415 in 2024-25.
Indian benchmark equity indices, Sensex and Nifty, saw early gains driven by strong buying in blue-chip bank stocks, fresh foreign fund inflows, and a decline in global crude oil prices, boosting investor confidence.
'The fundamental issue that I have raised, how come India's GDP in current prices went down from Rs 86 lakh crore down to Rs 80 lakh crore -- a staggering erasure of Rs 6 lakh crore. This disappearance of Rs 6 lakh crore has not been answered by anyone.'
Surging growth in sales by companies hasn't translated into higher salaries just yet.
Companies are investing heavily in complex injectables, respiratory therapies and biosimilars to improve margins and diversify portfolios.
While SUVs have steadily gained share across the industry, data shows that nearly three in 10 luxury vehicles sold in India are sedans, highlighting the segment's resilience despite years of SUV-led growth.
Anthropic has introduced Rupee-denominated pricing for its Claude AI assistant in India, making its Pro and Max plans more accessible to one of its largest user communities. This move, alongside the opening of its Bengaluru office and increased revenue, highlights Anthropic's growing focus on the Indian market, a sentiment echoed by rival OpenAI.
Indian benchmark indices Sensex and Nifty closed lower, with the Nifty recording its fourth consecutive day of decline, primarily due to elevated oil prices and ongoing geopolitical tensions between the US and Iran, which dampened investor sentiment.
Tata Consultancy Services (TCS) has announced a five-year strategic deal with German automaker Porsche AG worth 1.25 billion (nearly 14,000 crore), which includes the acquisition of Porsche's wholly-owned subsidiary MHP Management- und IT-Beratung GmbH for 320 million (around 3,574 crore). This move is set to significantly expand TCS's consulting footprint in Germany and the broader European market, giving it access to MHP's customer base and specialised talent.
The report notes that equities had faced pressure from elevated valuation premiums, subdued nominal gross domestic product (GDP) and earnings growth, sustained foreign portfolio investor (FPI) selling, artificial intelligence (AI) infrastructure euphoria, and external shocks including US tariffs and a spike in crude oil prices due to geopolitical tensions in West Asia. However, several of these factors are now reversing.
Shares of packaged food company Milky Mist Dairy Food Ltd listed with a premium of nearly 18 per cent against its issue price of Rs 140, reaching a market valuation of Rs 13,968.81 crore.
The last major business daily to launch in India was Financial Chronicle in April 2008, preceded by Mint on February 1, 2007.
Reliance Jio's reintroduction of Jio Prime membership with a price lock until September 2027 and the retention of its entry-level daily unlimited data plan at ~299 rupees are seen by industry analysts as strong indicators of imminent tariff hikes across the Indian telecom sector.
Indian benchmark indices Sensex and Nifty rallied in early trade, driven by a significant decline in Brent crude oil prices, which fell below the USD 73 per barrel level, and positive trends observed across most Asian equities.
The United States has sanctioned four India-based companies, including a customs broker and three other firms, for their involvement in importing petroleum and petrochemical products from Iran. This action is part of "Operation Economic Outcast," a broader US campaign to sever Iran's financial lifelines and prevent funding for its destabilising activities.
Prime Minister Narendra Modi urged Russian President Vladimir Putin to move from 'endless war to the end of war' in Ukraine, emphasising that a peaceful resolution is humanity's shared priority.
Indian benchmark indices, Sensex and Nifty, experienced subdued trading and turned flat on Tuesday as investors engaged in profit-booking following a recent rally, compounded by weak Asian market trends and fresh foreign fund outflows.
The US push for clearer crypto rules is putting pressure on India to fill its own regulatory gap for virtual digital assets.
The absolute amount of money raised is more than three times the 2 trillion seen before the pandemic (June 2019).
India's capital markets regulator, Sebi, has simplified the onboarding process for foreign portfolio investors (FPIs) by permitting them to submit a digitally signed Power of Attorney (PoA) to their custodians, eliminating the need for notarisation or apostillisation.
Indian benchmark equity indices, Sensex and Nifty, extended their decline for a second consecutive day, primarily due to elevated crude oil prices and selling pressure on Tata Group stocks following Tata Sons Chairman N Chandrasekaran's announcement that he will not seek reappointment.
Global technology giant Google has announced the selection of 20 Indian AI startups for its 2026 Google for Startups Accelerator programme, marking the 10th anniversary of its accelerator initiatives.
Bangladesh-China and Bangladesh-US relations have evolved from reluctant engagement to increasingly consequential strategic partnerships.
