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.
Fitch Ratings forecasts a 9 per cent aggregate revenue increase for rated Indian corporates in the current fiscal year (FY27), a stronger outlook compared to the 5 per cent estimated for FY26, which is expected to keep credit metrics stable despite potential global and domestic challenges.
Digital money is gradually starting to behave like software. It's no longer inert -- sitting passively in accounts. In the not-so-distant future, your money could become 'smart' and 'active,' understanding your preferences, paying your bills automatically, optimising your returns, and managing your risks -- all without you having to manage the details.
Milky Mist Dairy Food Ltd has set the price band for its Rs 1,553 crore Initial Public Offering (IPO) at Rs 133-140 per share, with subscriptions opening on August 11 and closing on August 13.
The Maharashtra Public Health Department has issued a directive making healthy foods and beverages mandatory in all government canteens and official events. The order aims to reduce the consumption of ultra-processed foods and combat the rising incidence of non-communicable diseases by promoting a menu designed with ICMR-NIN and FSSAI guidelines.
A new Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, effective October 15, could force small merchants and price-sensitive consumers to revert to cash, according to economic think tank GTRI. The move, which introduces a 0.4 per cent MDR with a Rs 300 cap and concessional rates for specific categories, is questioned by GTRI founder Ajay Srivastava, who suggests it's not a revenue issue for the government but potentially a response to US pressure regarding UPI and RuPay's preferential market position.
The Chintan Shivir is expected to discuss the progress of government schemes, policy implementation, time management, inter-ministerial coordination, and public service delivery, among others.
Bangladesh-China and Bangladesh-US relations have evolved from reluctant engagement to increasingly consequential strategic partnerships.
The Tamil Nadu government has mandated stringent quality testing across all distilleries in the state to ensure alcohol content compliance. This decision follows public concern over the temporary ban and swift clearance of products from a private manufacturer, Enrica Enterprises, by the state's liquor monopoly, TASMAC. The move aims to address suspicions and ensure public safety regarding alcoholic beverages.
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.
Six initial public offerings, including Rentomojo Ltd and Karamtara Engineering, were fully subscribed on their final day of bidding, with Rentomojo's IPO subscribed 72.88 times and Karamtara's 62.63 times, reflecting robust investor appetite in the primary market.
The AI-enabled system detects nine types of errors in the kitchens that are primarily responsible for unhygienic food on trains.
The India Story adopts a very soap opera-like approach, piling on ham-fisted melodrama along with plenty of unevenness, sighs Sreeju Sudhakaran
'I know China will implode. It is scientifically impossible for China to control a nation through the barrel of a gun.'
We raid restaurants for cockroaches but never raid the roadside. Public hygiene runs entirely on faith and fumes. Even after so many years of being a free nation, points out Binu Alex.
The Small Animal Hospital, which provides world-class treatment to pets and strays alike, continues Ratan Tata's legacy.
India's wheat and rice reserves in Food Corporation of India (FCI) godowns have surged to 604.02 lakh tonnes as of April 1, nearly three times the mandatory buffer requirement, according to official data.
Indian stock markets this week will be primarily influenced by a series of corporate Q1 earnings, the evolving geopolitical situation in West Asia, and fluctuations in crude oil prices, according to market analysts.
Shahneel has 450,000 followers on Instagram, and her account is mainly focused on travel and lifestyle.
The Indian government has allocated an additional 2 million tonnes of surplus broken rice from FCI stocks for its ethanol blending programme, while simultaneously issuing a detailed rebuttal to widespread misinformation regarding the E20 fuel, addressing concerns from water consumption to engine damage and environmental impact.
Indian benchmark indices, Sensex and Nifty, experienced a significant downturn as escalating tensions in West Asia led to a sharp surge in crude oil prices, coupled with fresh foreign fund outflows and a weakening rupee.
Global investment firm KKR remains optimistic about India's long-term growth, citing rising incomes, premiumisation, financial deepening, and demand for quality services as key drivers for its consumption story, even as higher energy prices and AI disruption pose near-term challenges.
Nida Khan, a TCS employee accused of religious conversion and sexual harassment, has been arrested in Chhatrapati Sambhajinagar. Police allege an AIMIM corporator provided her shelter. The arrest has sparked political reactions and renewed focus on workplace harassment prevention.
Go once. You will know, even before you board the flight home, that you will return.
'Raghav and I complement each other. He talks to me a lot about form and how he approaches his characters. Our paths are different, but we both are very much aligned emotionally.'
'I don't see fear becoming a dominant factor for retail investors.'
The Indian government is accelerating its sale of minority stakes in state-owned companies, including a significant offer for sale (OFS) in Life Insurance Corporation of India (LIC) expected "very soon," to meet its 80,000 crore mobilisation target and reduce its holdings to 75 per cent in most listed PSUs by year-end.
India's consumption stocks, which have outperformed the broader market, are now facing significant pressure due to a gradual rise in fuel prices and the potential for higher inflation. Analysts warn that companies may be forced to pass on increased input costs to consumers, potentially hurting demand across both staples and discretionary categories, with a looming threat of deficient monsoon rainfall further exacerbating inflationary concerns.
The Enforcement Directorate (ED) conducted raids at multiple locations in West Bengal as part of a money laundering investigation into an alleged Public Distribution System (PDS) scam.
The Special Investigation Team (SIT) probing the TCS sexual harassment-forced conversion case filed its second chargesheet in a Nashik court on Thursday. The chargesheet pertains to eight FIRs registered at Mumbai Naka police station here under Bharatiya Nyaya Sanhita provisions against several individuals.
This is a formidable task which the Centre may find hard to shoulder without substantial involvement of the states.
The NEET-UG re-exam was held at centres across the country and overseas on Sunday amid tight security arrangements for the smooth conduct of the examination.
'The real shock is going to be from a deficient monsoon.'
Bank of Baroda economists project India's GDP to grow 6.5-6.8 per cent in FY27 but warn that the fiscal deficit could overshoot the budgeted 4.3 per cent target, potentially reaching 4.7-4.8 per cent of GDP due to subsidy overruns, excise duty cuts, and oil marketing company losses.
The Supreme Court has declared the right to walk on demarcated footpaths a fundamental right, prioritising it over motorised vehicle movement, and has called for the establishment of a regulatory body to ensure its enforcement and provide restitutionary remedies for violations.
'Why not aspire for 8 or 9 or even 10 per cent?'
The Trinamool Congress (TMC) is facing a severe leadership crisis as former minister Jyoti Priya Mallick resigned from all party organisational posts citing health, and senior North Bengal leader Goutam Deb stepped down as mayor of Siliguri Municipal Corporation, amidst widespread internal rifts and electoral setbacks.
Maharashtra minister Sanjay Shirsat has accused AIMIM corporator Matin Patel of double standards for allegedly harbouring Nida Khan, who is accused in a Nashik TCS sexual harassment and forced conversion case.
Former Indian Premier League chairman and cricket administrator Lalit Modi described Prime Minister Narendra Modi as a 'great cricket fan' and said his interactions with the Prime Minister were largely centred around the development of cricket infrastructure in Ahmedabad.
Rajdeep Choudhury's documentary Chalo India with Ericji (Varanasi) offers an unique exploration of India.
