Creditors of Jaiprakash Associates have chosen Adani Enterprises over Vedanta for its resolution plan, despite Vedanta offering a higher overall bid. Lenders prioritized Adani’s proposal for greater upfront payments, even though its net present value was slightly lower. This decision, while potentially facing legal challenges, reflects the creditors’ commercial judgment in resolving the Rs 55,000 […]
US sanctions on Russian oil giants Rosneft and Lukoil have significantly impacted India’s crude imports, with shipments plummeting by 66% in November. Refineries are now wary of US penalties, leading to reduced new orders and expedited existing ones. This shift forces Russian exporters to adopt more opaque shipping methods to navigate sanctions.
Air India seeks access to China’s restricted Xinjiang military airspace to shorten flight paths, a move prompted by Pakistan’s airspace closure impacting operational costs. The airline faces significant financial strain, with fuel expenses soaring and journey times increasing. This strategic appeal aims to improve connectivity to North America and Europe, potentially saving millions weekly.
India’s economy is poised for robust growth, with projections indicating a 7.5% expansion in Q2 FY26. This surge is fueled by increased investment, recovering rural demand, and the positive impact of GST rationalization. Strong performances in services and manufacturing, alongside a significant rise in consumption indicators, signal a broad-based economic uplift.
GDP outlook: SBI forecasts Q2 growth to hit 7.5% — here are the factors driving momentum Read More »
India’s electronics sector is experiencing significant growth, driven by new free trade agreements and supportive government policies. Industry leaders anticipate a surge in exports to $120 billion by March 2026, with ambitious long-term targets. Reforms, skilling initiatives, and new manufacturing projects are strengthening domestic capabilities and integrating India into global value chains.
FTAs, incentives lift electronics sector; industry eyes $500bn target by 2030 Read More »
India’s aviation sector anticipates modest domestic passenger growth of 4-6% in 2025-26, despite earlier disruptions like cross-border tensions and an air tragedy. International traffic is set for a stronger 13-15% surge.
India’s IPO market has seen a surge in applications, driven by the allure of listing gains rather than long-term investment. Despite the frenzy, over half of IPOs offer minimal gains, with successful allotments resembling a lottery. This pursuit of quick profits has become a national obsession, rewarding randomness over reasoned analysis.
A National Foundation for American Policy report argues that H-1B visa restrictions, including a new $100,000 fee, are counterproductive. The report highlights that H-1B holders are highly skilled professionals earning substantial salaries, not cheap labor, and that limiting these visas could drive jobs and innovation abroad.
