JSW Steel, one of India’s leading steel manufacturers, reported a sharp 70% decline in net profit for the third quarter of the fiscal year, posting ₹719 crore compared to ₹2,439 crore during the same period last year. The company attributed…
Introduction The war in Ukraine, which began in February 2022, has had far-reaching consequences beyond the battlefield. One of the most significant impacts has been on global oil markets. As Western countries, led by the United States, imposed stringent sanctions…
In the latest financial update, Zomato, one of India’s leading online food delivery platforms, has reported a significant decline in its net profit for the third quarter (Q3) of the fiscal year 2025. The company’s net profit dropped by 57.2%,…
A recent study by the Reserve Bank of India (RBI) has highlighted the effectiveness of India’s foreign exchange (forex) interventions in managing volatility in capital flows. The study, which examines the role of forex interventions in stabilizing the Indian rupee…
A Significant Shift in Tax Legislation The Indian government is reportedly considering introducing a new Income Tax bill during the upcoming Budget session. This development could mark a significant shift in the country’s tax framework. According to sources, this will…
Wipro Limited, one of India’s leading IT services companies, has reported an outstanding performance for the third quarter (Q3) of the fiscal year, posting a remarkable 24.4% increase in its net profit. The company’s net profit surged to ₹3,354 crore,…
Prime Minister Narendra Modi recently inaugurated the much-anticipated Bharat Mobility Global Expo 2025, a milestone event for India’s automotive industry that is garnering international attention. During the inauguration, PM Modi lauded the advancements in India’s automotive sector, highlighting its potential…
